Gonzalo Maturana completed his PhD in Finance at The University of Texas at Austin, McCombs School of Business in 2015. Prior to joining the faculty at Emory in 2015, Maturana held positions at the University of Chile and IM Trust, a Chilean investment bank. Maturana’s primary research focus is in corporate finance, household finance, real estate finance, and conflicts of interest. His research has been published in top finance academic journals such as the Journal of Financial Economics and the Review of Financial Studies. Amongst his awards, he received the Michael J. Brennan Best Paper Award from the Review of Financial Studies in 2017.


  • PhD
    The University of Texas at Austin - McCombs School of Business
  • MA
    University of Chile - Center for Applied Economics
  • BS
    University of Chile - School of Engineering

Media Appearances

  • May 31, 2017
    Why didn’t the bankers with the closest ties to the pre-crisis fraud lose their jobs? In their line of thinking, the fraud was not a feature of the people, but a feature of the asset class.
  • June 4, 2015
    Market Watch
    Gonzalo Maturana, an assistant professor of finance at Emory University in Atlanta, combed through 3.1 million mortgages originated between 2002 and the end of 2007. More than one-quarter of these loans subsequently defaulted. While looking for inconsistencies in appraisal values and owner-occupancy status, the most interesting part of the investigation exposes how some mortgage securities were riddled with undisclosed second liens. These hidden debts reduced the borrowers’ incentive to repay their obligations. Griffin and his co-author found the gaps by comparing bank securities documents to county courthouse records.