معرفی
Miguel Palacios is a Professor at the University of Calgary, focusing on the intersection of human capital and asset pricing, labor economics, and innovative financial instruments for education. He holds a Ph.D. in Business Administration (Finance) from UC Berkeley, an MBA from the Darden School of Business, and a B.S. in Mechanical Engineering from Universidad de los Andes. His research emphasizes measuring human capital risks, its impact on firm risk, and designing equitable education financing models.
Education:
- Ph.D., Business Administration (Finance), University of California, Berkeley (2009)
- M.A., Economics, University of California, Berkeley (2005)
- M.B.A., Darden Graduate School of Business, University of Virginia (2001)
- B.S., Mechanical Engineering, Universidad de los Andes, Colombia (1997)
Research Interests:
His work explores human capital's role in financial markets, particularly through Income Share Agreements (ISAs) via his co-founded venture Lumni, which has funded 12,000+ students globally. He also co-founded A&P Capital to develop retirement financial products. His book Investing in Human Capital (Cambridge, 2004) underpins ISA frameworks.
Professional Ventures:
- Lumni: Pioneered ISA models in Latin America and the U.S.
- A&P Capital: Innovates retirement financing solutions
Grants & Recognition:
Recipient of SSHRC grant (2019-2024) for discount rate analysis of education investments. His work has been featured in Wall Street Journal, New York Times, and NPR's Planet Money.
