Professor Larrain joined Columbia Business School in 2012. He received a Ph.D. in Economics from the University of California at Berkeley. He was awarded the Western Finance Association's Trefftzs Award for the best doctoral student paper for his dissertation. Professor Larrain works on empirical macroeconomics and finance. His research studies the links between financial markets and the macroeconomy. In recent work, he has examined the distributional consequences of deregulating financial markets.