Will Diamond is an assistant professor of finance at the Wharton School of the University of Pennsylvania. His research examines how financial institutions create safe, money-like assets by making risky investments and how this exposes the financial system to the risk of crises; as well as how financial regulation can prevent financial crises and how fiscal and monetary stimulus can mitigate the recessions that occur after crises.
His research applies a range of methods from empirical asset pricing, industrial organization, macroeconomics, and financial intermediation theory with a specific focus on understanding how safe asset creation by financial institutions matters both for financial crises and for business cycles more broadly.
He received his PhD in business economics from Harvard University in 2018.
