Professors

Rafael ALMEIDA DA MATTA

Professor

Financial Contracting, Corporate Investment, Financial Distress, Banking

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Rafael ALMEIDA DA MATTA

Academy

Globalization

Research center

Finance & Accounting Insights on Risk and Regulation

Location

Sophia Antipolis

Discipline

Finance

Rafael Matta is a Professor of Finance at SKEMA Business School. He has also served as an Assistant Professor of Finance at the Amsterdam Business School, University of Amsterdam. Matta's research deals with issues such as the impacts of contracting frictions, creditor protection and bankruptcy laws on non-financial and financial corporations. His research interests also include the transmission of monetary policy, bank panics and the financial regulatory architecture. His work has been featured in the financial and legal media (Bloomberg, Harvard Law School Forum). Professor Matta has published in several leading economic and finance journals. His work is regularly presented at the major finance conferences, such as the annual meetings of the American Finance Association, the Western Finance Association, and the European Finance Association. He currently serves as Associate editor for the International Review of Law and Economics. He earned his PhD in Economics from the University of Illinois in 2012, which he attended as a Fulbright scholar. He also holds an MA and a BA in Economics from the Federal University of Minas Gerais.

Education
2012
Ph.D. in Economics, University of Illinois at Urbana-Champaign, United States of America
2006
Master in Economics, Federal University of Minas Gerais, Brazil
2003
BA in Economics, Federal University of Minas Gerais, Brazil
Experience
Full-time academic positions
Since 2024
Professor of Finance, SKEMA Business School, France
2018 - 2023
Associate Professor of Finance, SKEMA Business School, France
2012 - 2018
Assistant Professor of Finance, University of Amsterdam, The Netherlands
Other research activities
Senior or Associate Editor
Since 2018
International Review of Law and Economics
Reviewer for:
Review of Corporate Finance Studies, International Review of Law and Economics, European Economic Review, Journal of Financial Intermediation, Journal of Law and Economics, Economic Modelling, Review of Financial Studies, Canadian Journal of Economics, Management Science, Journal of Banking and Finance, Journal of Financial and Quantitative Analysis, Economic Inquiry, Economics Bulletin

Peer-reviewed journal articles

, MATTA, R., ROCHA, S.H. and VAZ, P. (2025). Short selling and product market competition. Journal of Banking and Finance, 171, pp. 107335.
MATTA, R. and PEROTTI, E. (2024). Pay, Stay, or Delay? How to Settle a Run. Review of Financial Studies, 37(4), pp. 1368-1407.
DI GIULI, A., MATTA, R. and PETIT ROMEC, A. (2023). Capital Structure and Reversible Bargaining Tools: Evidence from Union-Sponsored Shareholder Proposals. Journal of Banking and Finance, 149, pp. 106780.
GIAMBONA, E., LOPEZ DE SILANES MOLINA, F. and MATTA, R. (2022). Stiffing the creditor: Asset verifiability and bankruptcy. Journal of Financial Intermediation, 52, pp. 100962.
KABBACH DECASTRO, L.R., KIRCH, G. and MATTA, R. (2022). Do internal capital markets in business groups mitigate firms financial constraints? Journal of Banking and Finance, 144, pp. 106573.
CAMPELLO, M. and MATTA, R. (2020). Investment risk, CDS insurance, and firm financing. European Economic Review, 125, pp. 103424.
CAMPELLO, M., LADIKA, T. and MATTA, R. (2019). Renegotiation Frictions and Financial Distress Resolution: Evidence from CDS Spreads. Review of Finance, 23(3), pp. 513-556.
HSU, C.L., MATTA, R., POPOV, S.V. and SOGO, T. (2017). Optimal Product Placement. Review of Industrial Organization, 51(1), pp. 127-145.
MATTA, R., RIBAS, R.P., SAMPAIO, B. and SAMPAIO, G.R. (2016). The effect of age at school entry on college admission and earnings: a regression-discontinuity approach. IZA Journal of Labor Economics, 5(1), pp. 9.
CAMPELLO, M. and MATTA, R. (2012). Credit Default Swaps and Risk-Shifting. Economics Letters, 117(3), pp. 639-641.
MATTA, R. and VIEGAS ANDRADE, M. (2011). A Model of Local Crime Displacement. International Review of Law and Economics, 31(1), pp. 30-36.

Book chapters

ESPINOSA-VEGA, M., SOLÉ, J., KAHN, C. and MATTA, R. (2011). Some implications of systemic risk and the design of regulatory architecture. In: Stijn Claessens, Douglas D Evanoff, George G Kaufman, Laura E Kodres eds. Macroprudential Regulatory Policies. 1 ed. World Scientific Publishing, pp. 207-214.

Conference presentations

LOPEZ DE SILANES MOLINA, F., GUITTI, M. and MATTA, R. (2020). Bank Power and Creditor Protection. In: Brazil Central Bank Seminar Series. Sao Paulo.
MATTA, R. (2017). Liquidity Runs and Insecure Debt. In: Eighth Erasmus Liquidity Conference. Tilburg.
MATTA, R. (2016). Liquidity Runs. In: Brazilian Econometric Society Meeting. Foz do Iguacu.
MATTA, R. (2016). Insecure Debt. In: CEPR Annual Spring Symposium in Financial Economics. London.
MATTA, R. (2016). Insecure Debt. In: European Banking Center Network Conference. Tilburg.
MATTA, R. (2015). Renegotiation or Bankruptcy? The Effect of Out-of-Court Costs on Distress Resolution. In: European Finance Association. Vienna.
MATTA, R. (2015). Asset Verifiability and Bankruptcy. In: European Finance Association. Vienna.
MATTA, R. (2015). Liquidity Runs. In: European Economic Association. Mannheim.
MATTA, R. (2015). Renegotiation or Bankruptcy? The Effect of Out-of-Court Costs on Distress Resolution. In: Western Finance Association. Seattle.
MATTA, R. (2015). Renegotiation or Bankruptcy? The Effect of Out-of-Court Costs on Distress Resolution. In: IDC Conference in Financial Economics Research. Herzliya.
MATTA, R. (2014). Renegotiation or Bankruptcy? The Effect of Out-of-Court Costs on Distress Resolution. In: Brazilian Econometric Society Meeting. Foz do Iguacu.
MATTA, R. (2013). Asset Verifiability and Bankruptcy. In: Brazilian Econometric Society Meeting. Foz do Iguacu.
MATTA, R. (2011). Systemic Risk and Optimal Regulatory Architecture. In: Conference on Resolving Insolvent Large and Complex Financial Institutions. Cleveland.
MATTA, R. (2010). How are Venture Capitalist Rewarded? The Economics of Venture Capital Partnerships. In: RFS/Kauffman Entrepreneurial Finance and Innovation Conference. Boston.