Jones Graduate School of Business at Rice University. Prior to joining the faculty at Rice, he completed a Ph.D. in finance at Northwestern University’s Kellogg School of Management. He teaches Financial Markets across all programs at the Jones School. His research focuses on empirical asset pricing and particularly interested in the importance of market frictions for asset prices and financial market quality. Before pursuing his doctorate, he worked as an accountant at IBM. Dr. Crotty holds undergraduate and graduate degrees from the University of North Carolina.