Elham Saeidinezhad

Elham Saeidinezhad is a Term Assistant Professor of Economics at Barnard College, Columbia University, where she teaches finance, monetary systems, and economics. She also holds teaching roles at NYU Stern (Economics Department) and Outlier (Introduction to Macroeconomics), and previously served as a Lecturer at UCLA. She is currently a Market Structure Research Fellow at the Jain Family Institute and leads the independent Market Microstructure Project on Substack, analyzing structural shifts in financial markets.

Education:

• Ph.D. in Empirical Macroeconomics, University of Sheffield, UK (2013)

Her research lies at the intersection of Financial Economics, Monetary Theory, and Market Microstructure, with a strong focus on liquidity, financial stability, and systemic fluidity. She integrates frameworks from Industrial Organization and the 'Money View' (developed with Perry Mehrling) to study the institutional realities of modern financial systems, particularly collateral flows, derivatives, funding mechanisms, and payment infrastructures.

She has recently published influential analyses on the evolving role of interest rate swaps as synthetic repos, the structural fragility of the repo market, and the implications of regulatory changes on non-bank financial institutions. Her work emphasizes understanding financial systems through their microstructures rather than relying solely on aggregate indicators.

Scientific Awards and Honors:

• No awards mentioned in the text.

Elham has advised and supervised undergraduate research at UCLA and is deeply committed to student engagement. She has received no specific grant mentions but has been supported through fellowships at the Milken Institute and the Institute for New Economic Thinking (INET). She leads the Market Microstructure Project, which bridges academic research, practitioner insights, and policy discourse.

Laboratories, Teams, and Research Groups:

• Market Microstructure Project (Independent Research Platform)
• Former Market Structure Research Fellow, Jain Family Institute
• Former Postdoctoral Fellow, Institute for New Economic Thinking (INET), New York
• Former Research Economist, Milken Institute, Santa Monica