Jefferson Duarte

Gerald D. Hines Associate Professor of Real Estate Finance (Finance)

Dr. Duarte is an Associate Professor of Finance and the Gerald D. Hines Professor of Real Estate Finance at the Jesse H. Jones Graduate School of Business at Rice University. He is an expert on several areas of asset pricing and real estate finance including option pricing, fixed income, and mortgage-backed securities (MBS). Dr. Duarte has written papers on asset pricing, the term structure of interest rates, option pricing, and MBS. His research has received many awards including the prestigious Fama-DFA prize for the best asset pricing paper published in the Journal of Financial Economics. Prof. Duarte is a former associate editor of the Journal of Financial and Quantitative Analysis and he often serves as a referee for academic journals. Dr. Duarte’s research has been published in the top journals of his field. His research has also been widely covered in U.S. and international media, including the following papers and magazines: The Wall Street Journal, Financial Times, Reuters, Dow Jones Newswires, U.S. News & World Report, The New York Times, Barron’s and The Economist. Prior to joining Rice University, Dr. Duarte was an Associate Professor at the University of Washington in Seattle. Dr. Duarte has taught PhD, MBA and undergraduate level courses in real estate finance, option pricing models, term structure models, and risk management. Prior to joining academia, Dr. Duarte worked at the proprietary trading desk of JP Morgan Chase and at Garantia Investment Bank. Professor Duarte holds a B.Sc. in Civil Engineering from the Instituto Tecnológico de Aeronautica (Brazil), and both an MBA and a Ph.D. in Finance from the University of Chicago.

Teaching Interests: 

-Real estate finance
-Asset valuation
-Real estate development

Research Interests: 

-Empirical finance
-Derivatives
-Real estate finance