Matteo Maggiori is a professor of finance at the Stanford Graduate School of Business and an authority on global capital flows. His work examining the “complex and opaque patterns of capital flows” helped him, this year, win the prestigious Fischer Black Prize, which recognizes work of a scholar under the age of 40,or up to age 45 if the individual was late in receiving a PhDand the Carlo Alberto Medal. He is the cofounder and director of the Global Capital Allocation Project, and has worked studying capital flows with longtime collaborators Brent Neiman and Jesse Schreger. Maggiori has a Ph.D. from Berkeley and previously taught at New York University and Harvard University.
Matteo Maggiori.Illustration by Lauren Crow
Q: Much of your work is focused on cross border capital flows and offshore tax havens. How and why does the rise of China fit into your research?
A: China has been one of the major global developments over the past 20 years, and it’s gone from being shut o