![Muir](/sites/default/files/styles/max_1300x1300/public/image/2022-09/tylermuir310.jpg?itok=MboBR7ib)
Associate Professor of Finance Tyler Muir joined UCLA Anderson from the faculty of Yale School of Management in 2019. His main research interests are at the intersection of asset pricing, financial intermediaries and financial crises. His recent work has focused on how the health of the financial sector affects variation in asset prices. Muir finds that an intermediary-based asset pricing model can help explain returns across assets previously considered anomalies. He has also examined the behavior of asset prices during financial crises using historical data over 150 years and 14 countries, and documented substantial declines in stock and bond prices, even relative to the declines in macroeconomic fundamentals. Muir’s co-authored study on volatility received media attention for its findings that, contrary to conventional wisdom and practices, it pays to get out of the stock market in times of turbulence.