Professional Experience

• • Economist

    Board of Governors of the Federal Reserve System

  • 2012 - present

• • Adjunct Associate Professor of Finance

    Wharton School, University of Pennsylvania

  • 2013 - present

• • Visiting Assistant Professor of Finance

    Massachusetts Institute of Technology, Sloan School of Management

  • 2006 - 2007

• • Assistant Professor of Finance

    Duke University, Fuqua School of Business

  • 2003 - 2012

Publications

• Puri, Manju, and Rebecca Zarutskie (2012). "On the Lifecycle Dynamics of Venture-Capital- and Non-Venture-Capital-Financed Firms," Journal of Finance, vol. 67, no. 6, pp. 2247-93.
• Zarutskie, Rebecca (2006). "Evidence on the Effects of Bank Competition on Firm Borrowing and Investment," Journal of Financial Economics, vol. 81, no. 3, pp. 503-537.
• Ouimet, Paige, and Rebecca Zarutskie (2011). "Who Works for Startups? the Relation between Firm Age, Employee Age, and Growth," Working Papers 11-31. Center for Economic Studies, U.S. Census Bureau.
• Ouimet, Paige, and Rebecca Zarutskie (2011). "Acquiring Labor," Working Papers 11-32. Center for Economic Studies, U.S. Census Bureau.
• Zarutskie, Rebecca (Forthcoming). "Competition, Financial Innovation, and Commercial Bank Loan Portfolios," Journal of International Economics.
• Zarutskie, Rebecca (2010). "The Role of Top Management Team Human Capital in Venture Capital Markets: Evidence from First-Time Funds," Journal of Business Venturing, vol. 25, pp. 155-172.
• Brav, Alon, Roni Michaely, Michael Roberts, and Rebecca Zarutskie (2009). "Evidence on the Trade-Off between Risk and Return for IPO and SEO Firms," Financial Management, vol. 38, no. 12, pp. 221-252.
• Zarutskie, Rebecca (2009). "Competition and Specialization in Credit Markets," In Proceedings of the 45th Annual Conference on Bank Structure and Competition. Federal Reserve Bank of Chicago, pp. 183-201.
• Zarutskie, Rebecca (2003). "Does Bank Competition Affect how Much Firms can Borrow? New Evidence from the U.S." In Proceedings of the 39th Annual Conference on Bank Structure and Competition. Federal Reserve Bank of Chicago, pp. 121-136.
• Zarutskie, Rebecca (2008). "Book Review of Grande Expectations: A Year in the Life of Starbucks’ Stock," Duke Magazine, Vol. 94, no. 3.
• Zarutskie, Rebecca (2003). "Essays in Corporate Finance and Taxation," Ph.D. dissertation, Massachusetts Institute of Technology.
• Puri, Manju, and Rebecca Zarutskie (2008). "On the Lifecycle Dynamics of Venture-Capital- and Non-Venture-Capital-Financed Firms," NBER Working Papers 14250. National Bureau of Economic Research, Inc.
• Puri, Manju, and Rebecca Zarutskie (2008). "On the Lifecycle Dynamics of Venture-Capital- and Non-Venture-Capital-Financed Firms," Working Papers 8-13. Center for Economic Studies, U.S. Census Bureau.

Presentations

• seminar

  January 2013

  World Bank

  Who Works for Startups? The Relation between Firm Age, Employee Age and Growth

• conference

  June 2012

  Financial Intermediation Research Society Conference on Banking, Corporate Finance and Intermediation

  Who Works for Startups? The Relation between Firm Age, Employee Age and Growth

• conference

  May 2012

  Society of Labor Economists Meeting

  Who Works for Startups? The Relation between Firm Age, Employee Age and Growth

• conference

  January 2012

  Jackson Hole Winter Finance Conference

  Who Works for Startups? The Relation between Firm Age, Employee Age and Growth

• conference

  November 2011

  Georgia Tech Roundtable on Engineering Entrepreneurship Research

  Who Works for Startups? The Relation between Firm Age, Employee Age and Growth

• discussion

  June 2011

  Western Finance Association Annual Meeting

• discussion

  June 2011

  London Business School Coller Institute Private Equity Symposium

• seminar

  April 2011

  Universitat Autonoma de Barcelona MOVE

  Who Works for Startups? The Relation between Firm Age, Employee Age and Growth

• discussion

  March 2011

  Duke-UNC Corporate Finance Conference

• seminar

  January 2011

  North Carolina State University Poole College of Management

  Married to the Firm? Family Ownership, Performance and Survival in Private Firms

• seminar

  November 2010

  University of Virginia Darden School of Business

  Married to the Firm? Family Ownership, Performance and Survival in Private Firms

• conference

  July 2010

  NBER Summer Institute

  Who Works for Startups? The Relation between Firm Age, Employee Age and Growth

• discussion

  June 2010

  Western Finance Association Annual Meeting

• conference

  January 2010

  American Finance Association Annual Meeting

  Competition, Financial Innovation and Commercial Bank Loan Portfolios

• seminar

  November 2009

  Harvard Business School

  Who Works for Startups? The Relation between Firm Age, Employee Age and Growth

• conference

  September 2009

  Triangle Census Research Data Center Conference

  Who Works for Startups? The Relation between Firm Age, Employee Age and Growth

• conference

  June 2009

  Financial Intermediation Research Society Conference on Banking, Corporate Finance and Intermediation

  Competition, Financial Innovation and Commercial Bank Loan Portfolios

• conference

  June 2009

  Financial Intermediation Research Society Conference on Banking, Corporate Finance and Intermediation

  Competition, Financial Innovation and Commercial Bank Loan Portfolios

• seminar

  April 2009

  Federal Reserve Bank of San Francisco

  Competition, Financial Innovation and Commercial Bank Loan Portfolios

• seminar

  November 2008

  Federal Reserve Bank of New York - NYU Conference on Financial Intermediation

  Competition, Financial Innovation and Commercial Bank Loan Portfolios

• seminar

  September 2008

  U.S. Census Bureau Center for Economic Studies

  On the Lifecycle Dynamics of Venture Capital and Non Venture Capital Financed Firms

• seminar

  April 2008

  Virginia Tech Pamplin School of Business

  Competition, Financial Innovation and Commercial Bank Loan Portfolios

• seminar

  March 2008

  Johns Hopkins University Department of Economics

  Competition, Financial Innovation and Commercial Bank Loan Portfolios

• discussion

  January 2008

  American Economics Association Annual Meeting

• seminar

  December 2007

  Columbia University Business School

  On the Lifecycle Dynamics of Venture Capital and Non Venture Capital Financed Firms

• seminar

  November 2007

  London Business School

  On the Lifecycle Dynamics of Venture Capital and Non Venture Capital Financed Firms

• conference

  October 2007

  Washington University Olin School of Business Corporate Finance Conference

  On the Lifecycle Dynamics of Venture Capital and Non Venture Capital Financed Firms

• conference

  August 2007

  European Finance Association Meeting

  On the Lifecycle Dynamics of Venture Capital and Non Venture Capital Financed Firms

• discussion

  August 2007

  European Finance Association Meeting

• conference

  June 2007

  Western Finance Association Annual Meeting

  On the Lifecycle Dynamics of Venture Capital and Non Venture Capital Financed Firms

• discussion

  June 2007

  Western Finance Association Annual Meeting

• seminar

  March 2007

  Northwestern University Kellogg School of Management

  The Role of Top Management Team Human Capital in Venture Capital Markets

• seminar

  March 2007

  MIT Sloan School of Management

  On the Lifecycle Dynamics of Venture Capital and Non Venture Capital Financed Firms

• conference

  January 2007

  American Finance Association Annual Meeting

  The Role of Top Management Team Human Capital in Venture Capital Markets

• discussion

  January 2007

  American Economic Association Annual Meeting

Other Activities