Photo of Mehdi Beyhaghi

Mehdi Beyhaghi


  • Ph.D., Finance, Schulich School of Business
  • M.A., Economics, University of Waterloo
  • M.B.A., Economics, Sharif University of Technology
  • B.Sc., Engineering, Sharif University of Technology
Current Research Topics
  • Financial Intermediation, Credit Markets, Banking Regulation and Supervision
  • Financial Economics, Information Economics
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2023 - present
  • Senior Financial Economist

    Federal Reserve Bank of Richmond

    2021 - 2023
  • Financial Economist

    Federal Reserve Bank of Richmond

    2018 - 2021
  • Assistant Professor of Finance

    University of Texas at San Antonio

    2023 - 2018
  • PhD Intern

    Bank of Canada

  • Pre-grant Patent Disclosure and Analyst Forecast Accuracy
    Mehdi Beyhaghi, Pooyan Khashabi, and Ali Mohammadi
    Management Science (2023)
  • Third-Party Credit Guarantees and the Cost of Debt: Evidence from Corporate Loans
    Mehdi Beyhaghi
    Review of Finance (2022)
  • International Lending: The Role of Lender's Home Country
    Mehdi Beyhaghi, Rui Dai, Anthony Saunders, and John Wald
    Journal of Money, Credit and Banking (2021)
  • Components of credit rationing
    Mehdi Beyhaghi, Fathali Firoozi, Abol Jalilvand, and Laleh Samarbakhsh
    Journal of Financial Stability (2020)
  • Institutional investors and loan dynamics: Evidence from loan renegotiations
    Mehdi Beyhaghi, Ca Nguyen, and John K. Wald
    Journal of Corporate Finance (2019)
  • The Cross-Section of Expected Returns in the Secondary Corporate Loan Market
    Mehdi Beyhaghi and Sina Ehsani
    Review of Asset Pricing Studies (2017)
  • Do Tighter Loan Covenants Signal Improved Future Corporate Results? The Case of Performance Pricing Covenants
    Mehdi Beyhaghi, Kamphol Panyagometh, Aron A. Gottesman, and Gordon S. Roberts
    Financial Management (2017)
  • Effects of customer financial distress on supplier capital structure
    Mauro Oliveira, Palani-Rajan Kadapakkam, and Mehdi Beyhaghi
    Journal of Corporate Finance (2017)
  • Why and how do banks lay off credit risk? The choice between retention, loan sales and credit default swaps
    Mehdi Beyhaghi, Nadia Massoud, and Anthony Saunders
    Journal of Corporate Finance (2017)
  • Funding advantage and market discipline in the Canadian banking sector
    Mehdi Beyhaghi, Chris D’Souza, and Gordon S. Roberts
    Journal of Banking & Finance (2014)
  • seminar

    November 2023

    Federal Reserve Bank of Richmond

    The Impact of Banking Supervision on Bank Risk-Taking and Loan Growth

  • conference

    September 2023

    FDIC Bank Research Conference

    Adverse Selection in Central Bank Lending - An Empirical Analysis of the Federal Reserve's Primary Credit Program

  • seminar

    January 2023

    Board of Governors of the Federal Reserve System

    Adverse Selection in Corporate Loan Markets

  • conference

    August 2022

    Summer Workshop on Money, Banking, Payments, and Finance

    Does the Federal Reserve's Mission as a Bank Supervisor Hinder Its Mission as the Lender of Last Resort?

  • 2022

    The Community Banking Research Conference research committee

    John W. Ryan Award for Most Significant Contribution to Community Banking Research

  • 2018

    The Review of Asset Pricing Studies

    Rising Scholar Award

  • 2012

    Financial Management Association

    Best Paper in Risk Management

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Last Update: January 16, 2024