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Michael Reher

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Reher’s research is at the intersection of intermediary finance and household finance, with a common theme of how the supply of real estate financing affects households’ housing costs and other real economic outcomes. His research has been published in the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Money, Credit, & Banking, and Journal of Investment Management. He teaches in the undergraduate business economics program and the Master of Quantitative Finance program, where he won the Excellence in Teaching Award in 2024.

Prior to Rady, Reher worked at the Federal Reserve Banks of Boston and San Francisco and at Wealthfront, an automated financial advisor. He received his PhD in economics from Harvard in 2019, where he was a John R. Meyer Fellow. He received a B.S. from Georgetown in 2014 as valedictorian.

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