Professor Michael Goldstein
Visiting Professorial Fellow
Field of Research: 
Climate Change and the Arctic economy
Contact details:

Michael A. Goldstein is currently Faculty Director of the Masters of Science in Finance Program at Babson College, where he is a Professor of Finance and holds the Donald P. Babson Chair of Applied Investments.  Previously he was Chair of the Finance Division.  After receiving his Ph.D. from the Wharton School of the University of Pennsylvania, Dr. Goldstein taught at both the University of Colorado at Boulder and at Boston College prior to joining the faculty at Babson, and has held visiting faculty positions at the University of Sydney, Trinity College (Dublin), and Queen's University (Belfast).  Dr. Goldstein has taught undergraduate, MBA, Ph.D., and Executive Education courses in corporate finance, valuation, markets and instruments, and financial institution management.  His research covers market microstructure, dividend policy, climate change, privatization of formerly communist countries, and real estate.  He actively consults to Fortune 100 companies and financial firms on financial strategy and international strategy.  He is currently Editor at The Financial Review, Co-Editor at Weather, Climate and Society, and an Associate Editor at Financial Management, and Finance Research Letters.

Michael studies the intersection of climate and human systems in particular locations.  He is particularly focused on pricing the variation in climate and how climate variance affects human decision-making, particularly for those climate-human systems that undergo a phase change either in physical processes or in cost functions.  His work has mostly focused on the Arctic, particularly as it relates to transportation of goods and materials, but also extends to the California drought.  He also examines the statistical properties of different climate time series. 

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