Benjamin Iverson
Benjamin Iverson

FINANCE
Assistant Professor of Finance

Print Overview

Ben Iverson is an Assistant Professor of Finance at the Kellogg School of Management at Northwestern University. He studies corporate finance, with a particular emphasis on financial distress, restructuring, and bankruptcy. His recent work has focused on how complexity affects firms that enter Chapter 11 bankruptcy, potentially making it more difficult for them to reorganize efficiently. His research interests also include financial intermediaries, banking, and household financial decision making.

Ben received his Ph.D. in Business Economics in 2013 from Harvard University. Prior to graduate study, he worked as an assistant economist in the research group at the Federal Reserve Bank of New York.



Areas of Expertise
Banking and Financial Institutions
Behavioral Economics
Behavioral Finance
Contract Theory
Corporate Bankruptcy
Corporate Capital Structure
Corporate Finance
Corporate Restructuring
Personal Finance
Print Vita
Education
Ph.D., 2008-2013, Business Economics, Harvard University
A.M., 2008-2013, Economics, Harvard University
B.A., 2000-2006, Economics, Double-minor in Mathematics and Business, Brigham Young University

Academic Positions
Assistant Professor of Finance, Finance Department, Kellogg School of Management, Northwestern Univerity, 2013-present

Other Professional Experience
Assistant Economist, Federal Reserve Bank of New York, 2006-2008
Summer Investment Analyst, Loomis, Sayles & Co., LLP, 2004-2005

Grants and Awards
Doctoral Fellowship, Harvard University, 2008-2013
Heritage Scholarship, Brigham Young University, 2000-2006
Performance Plus Award, Federal Reserve Bank of New York, 2007

Editorial Positions

Conference Presentations
Brown University, Federal Reserve Bank of Chicago, Financial Intermediation Research Society, 2009
AEA Annual Meeting, Harvard University, 2010
AFA Annual Meeting, Harvard University, University of Virginia (Darden), Massachusetts Institute of Technology (Sloan), Financial Intermediation Research Society, Erasmus University, Stanford Institute for Theoretical Economics, EFA Annual Meeting, D2D Fund, 2011
Harvard University, 2012
University of Chicago (Booth), Ohio State University (Fisher), Dartmouth University (Tuck), New York University (Stern), Columbia GSB, Yale School of Management, Federal Reserve Bank of New York, Duke University (Fuqua), London Business School, Northwestern University (Kellogg), UC Berkeley (Haas), University of Southern California (Marshall), Federal Reserve Board, 2013

 
Print Research
Research Interests
Corporate Finance, Corporate Bankruptcy and Restructuring, Financial Intermediation, Household Finance

Articles
Iverson, Benjamin, Matthew Botsch and Donald Morgan. 2012. Subprime Foreclosures and the 2005 Bankruptcy Reform. Federal Reserve Bank of New York Economic Policy Review . 18(1): 47-57.
Working Papers
Iverson, Benjamin, Victoria Ivashina and David Smith. 2013. The Ownership and Trading of Debt Claims in Chapter 11 Restructuring.
Iverson, Benjamin. 2013. Get in Line: Chapter 11 Restructuring in Crowded Bankruptcy Courts.
Iverson, Benjamin, Shawn Cole and Peter Tufano. 2012. Can Gambling Increase Savings? Empirical Evidence on Prize-linked Savings Accounts.

 
Print Teaching
Teaching Interests
Corporate Finance, Corporate Bankruptcy
Full-Time / Part-Time MBA
Financial Decisions (FINC-442-0)

This course counts toward the following majors: Analytical Finance, Finance.

This course uses case studies to enhance the student's understanding of managerial financial decision making, specifically investment and financing decisions. Topics include short- and long-term financing, capital structure and dividend decisions, cost of capital, capital budgeting, firm valuation, financial and operational restructuring, and mergers and acquisitions. The course emphasizes the basic principles of corporate finance and is sufficiently general so as to be of interest to all students. The course provides students with the opportunity to apply the concepts and theories developed in other finance courses. At its most fundamental level, the course attempts to improve problem-solving skills: problem definition, gathering and organizing the relevant information, developing feasible alternative courses of action, evaluating alternative choices, and recommending and defending the best course of action.