Raymond J. Fisman

Lambert Family Professor of Social Enterprise

Finance and Economics

Bernstein Faculty Leader

Sanford C. Bernstein & Co. Center for Leadership and Ethics

Director

Social Enterprise Program

BA, McGill, 1993; AM, Harvard, 1996; PhD, 1998

Joined CBS in 1999

Download Curriculum Vitae (PDF)

Raymond Fisman

Office
605B Uris

Phone
212-854-9157

E-mail
rf250@columbia.edu

Fax
212-316-9219

Teaching and research interest

Raymond Fisman is the Lambert Family Professor of Social Enterprise and director of the Social Enterprise Program at the Columbia Business School. Professor Fisman received his PhD in Business Economics at Harvard University. He worked as a consultant in the Africa Division of the World Bank before joining Columbia Business School in 1999. His research covers a range of topics, including the impact of corporate social responsibility, the determinants of altruism and global corruption. His work has been published in leading economics journals, including the American Economic Review, Journal of Political Economy, and Quarterly Journal of Economics and has been covered widely in the popular press, from Maureen Dowd's column in the New York Times to al Jazeera to the Shanghai Daily. He also writes a monthly column for the online magazine Slate, where he's tackled issues including teacher evaluation in public schools, women and leadership, and the economics of civil war. Professor Fisman's first book, Economic Gangsters: Violence, Corruption, and the Poverty of Nations (coauthored with Edward Miguel), was published by Princeton University Press, and he is currently working on a book about the economics of office life, to be published by Twelve in 2012. He has taught nonprofit governance in an Executive Education program for leaders in the arts and teaches the Private Sector and International Development and Managerial Economics courses for EMBA and MBA students.

Chapters

Innovations in Governance In Innovation Policy and the Economy, vol. 11 (2011)
Author(s): Raymond Fisman, Eric Werker

More Information Download (PDF)

The Role of Nonprofit Endowments In The Governance of Not-for-Profit Organizations (2003)
Author(s): Raymond Fisman, R. Glenn Hubbard

More Information Download (PDF)

Journal articles

Governance and CEO Turnover: Do Something or Do the Right Thing? In Management Science (2014)
Author(s): Raymond Fisman, Rakesh Khurana, Matthew Rhodes-Kropf, Soojin Yim

More Information

Charity as a Substitute for Reputation: Evidence from an Online Marketplace In Review of Economic Studies (2012)
Author(s): Raymond Fisman, Brian McManus, Daniel Elfenbein

More Information Download (PDF)

Profiting from government stakes in a command economy: Evidence from Chinese asset sales In Journal of Financial Economics (2010)
Author(s): Raymond Fisman, Yongxiang Wang, Charles Calomiris

More Information Download (PDF)

Regulation of Entry and the Distortion of Industrial Organization In Journal of Applied Economics (2010)
Author(s): Raymond Fisman, Virginia Sarria-Allende

More Information Download (PDF)

Trading Favors within Chinese Business Groups In American Economic Review: Papers and Proceedings (2010)
Author(s): Raymond Fisman, Yongxiang Wang

More Information Download (PDF)

The Smuggling of Art, and the Art of Smuggling: Uncovering the Illicit Trade in Cultural Property and Antiques In American Economic Journal: Applied Economics (2009)
Author(s): Raymond Fisman, Shang-Jin Wei

More Information Download (PDF)

Gender and Workplace Perceptions Around the World: Evidence from the World Values Survey In Journal of Human Resources (2009)
Author(s): Raymond Fisman

More Information

Testing limits to policy reversal: Evidence from Indian privatizations In Journal of Financial Economics (2008)
Author(s): Siddartha Dastidar, Raymond Fisman, Tarun Khanna

More Information Download (PDF)

Outsourcing Tariff Evasion: A New Explanation for EntrepĂ´t Trade In The Review of Economics and Statistics (2008)
Author(s): Raymond Fisman, Peter Moustakerski, Shang-Jin Wei

More Information Download (PDF)

Racial Preferences in Dating: Evidence from a Speed Dating Experiment In Review of Economic Studies (2008)
Author(s): Raymond Fisman, Sheena Iyengar, Emir Kamenica, Itamar Simonson

More Information Download (PDF)

Corruption, Norms, and Legal Enforcement: Evidence from Diplomatic Parking Tickets In Journal of Political Economy (2007)
Author(s): Raymond Fisman, Edward Miguel

More Information Download (PDF)

Consistency and Heterogeneity of Individual Behavior under Uncertainty In American Economic Review (2007)
Author(s): Syngjoo Choi, Raymond Fisman, Douglas Gale, Shachar Kariv

More Information Download (PDF)

Gender Differences in Mate Selection: Evidence from a Speed Dating Experiment In Quarterly Journal of Economics (2006)
Author(s): Raymond Fisman, Sheena Iyengar, Emir Kamenica, Itamar Simonson

More Information Download (PDF)

Intellectual Property Rights, Imitation, and Foreign Direct Investment: Theory and Evidence In Quarterly Journal of Economics (2006)
Author(s): Raymond Fisman, C. Fritz Foley

More Information Download (PDF)

The Effect of Foreign Competition on Forecasting Bias In Review of Economics and Statistics (2006)
Author(s): Raymond Fisman

More Information Download (PDF)

Are corruption and taxation really harmful to growth? Firm level evidence In Journal of Development Economics (2006)
Author(s): Raymond Fisman, Jakob Svensson

More Information Download (PDF)

Do Stronger Intellectual Property Rights Increase International Technology Transfer?: Empirical Evidence from U.S. Firm-Level Panel Data In Quarterly Journal of Economics (2006)
Author(s): Raymond Fisman, C. Fritz Foley

More Information Download (PDF)

Financial Development and Intersectoral Allocation: A New Approach In Journal of Finance (2005)
Author(s): Raymond Fisman, Inessa Love

More Information

Precautionary savings and the governance of nonprofit organizations In Journal of Public Economics (2005)
Author(s): Raymond Fisman, R. Glenn Hubbard

More Information

Are Politicians Really Paid Like Bureaucrats? In Journal of Law and Economics (2004)
Author(s): Raymond Fisman, Rafael Di Tella

More Information Download (PDF)

Tax Rates and Tax Evasion: Evidence from 'Missing Imports' in China In Journal of Political Economy (2004)
Author(s): Raymond Fisman, Shang-Jin Wei

More Information Download (PDF)

Estimating the Value of Political Connections In American Economic Review (2001)
Author(s): Raymond Fisman

More Information Download (PDF)

CaseWorks

The Foundations to the Individual, Business, and Society Curriculum Teaching Note: Fall 2013
Author(s): Raymond Fisman, Michael Keehner, Bruce Kogut, Katherine Phillips

More Information

Airline Pricing on Shuttle Routes: Fall 2012
Author(s): Raymond Fisman

More Information

Hermitage's Russian Quandary: Spring 2011
Author(s): Eric Werker, Ray Fisman, Lauren Weber

More Information

Books

Economic Gangsters: Corruption, Violence and the Poverty of Nations (2008)
Author(s): Raymond Fisman, Edward Miguel

More Information

Working Papers

How Did the Great Recession Impact Social Preferences? (2013)
Author(s): Raymond Fisman, Pamela Jakiela, Shachar Kariv

More Information Download (PDF)

Human Capital and the Supply of Religion (2013)
Author(s): Joseph Engelberg, Raymond Fisman, Jay Hartzell, Christopher Parsons

More Information Download (PDF)

Labor Supply of Politicians (2013)
Author(s): Raymond Fisman, Nikolaj Harmon, Emir Kamenica, Inger Monk

More Information Download (PDF)

Market Structure, Reputation, and the Value of Quality Certification (2013)
Author(s): Daniel Elfenbein, Raymond Fisman, Brian McManus

More Information Download (PDF)

The impact of interstate tensions on economic exchange: Evidence from shocks to Sino-Japanese relations (2013)
Author(s): Raymond Fisman

More Information Download (PDF)

The mortality cost of political connections (2013)
Author(s): Raymond Fisman, Yongxiang Wang

More Information Download (PDF)

The Private Returns to Public Office (2013)
Author(s): Raymond Fisman, Andreas Schulz, Vikrant Vig

More Information Download (PDF)

Contrast Effects in Sequential Decisions: Evidence from Speed Dating (2012)
Author(s): Saurabh Bhargava, Raymond Fisman

More Information Download (PDF)

Cultural Proximity and Loan Outcomes (2012)
Author(s): Raymond Fisman, Daniel Paravisini, Vikrant Vig

More Information Download (PDF)

Lender-Borrower Cultural Proximity and Loan Outcomes: Evidence from an Indian Bank Working paper (2011)
Author(s): Raymond Fisman, Vikrant Vig

More Information

The Impact of Corruption on State Asset Sales — Evidence from China Working Paper (2011)
Author(s): Raymond Fisman, Yongxiang Wang

More Information Download (PDF)

Ideological Exposure and Distributional Preferences (2010)
Author(s): Raymond Fisman, Shachar Kariv, Daniel Markovits

More Information

Exposure to Ideology and Distributional Preferences Working Paper (2009)
Author(s): Raymond Fisman, Daniel Markovits, Shachar Kariv

More Information Download (PDF)

Pareto Damaging Behaviors (2005)
Author(s): Raymond Fisman, Shachar Kariv, Daniel Markovits

More Information Download (PDF)

Individual Preferences for Giving (2005)
Author(s): Raymond Fisman, Shachar Kariv, Daniel Markovits

More Information Download (PDF)

Offshoring Tariff Evasion: Evidence from Hong Kong as Entrepôt Trader Working Paper (2005)
Author(s): Raymond Fisman, Peter Moustakerski, Shang-Jin Wei

More Information Download (PDF)