
AP in Finance @StanfordGSB • PhD @Columbia
New York, NY
Joined December 2009
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Naz Koont retweeted
Banking has historically been built on face-to-face interactions between bankers and their clients. But as the industry has gone digital, Assistant Professor Naz Koont wonders if we’ve removed something critical from the transaction. #finance stanford.io/4gS0SSe
Naz Koont retweeted
🚨 @JCorpFin Call 🚨
Hosted by Bocconi & co-sponsored by CEPR, JCF is thrilled to announce the call for our June 2025 conference on Information, Contracts, and Firms. Keynote: @startupecon
Learn more: neeley.tcu.edu/jcf-conferenc…
Please retweet! Deadline in Nov 18!
Naz Koont retweeted
The impact of digital banking on the value of the deposit franchise and the stability of the banking sector, from @nazkoont, Tano Santos, and @zingales nber.org/papers/w32601
Job market update: I am incredibly excited to share that I will be joining @StanfordGSB as an Assistant Professor of Finance this July!
I am so thankful for the support of my committee and everyone @Columbia, and am really looking forward to this next chapter.
Naz Koont retweeted
The ease of online banking has big implications for financial stability, argue @Columbia Ph.D. student @NazKoont, @Columbia_Biz's Tano Santos, and our Faculty Director, @ChicagoBooth's @zingales in a new paper. More in @chicagoboothrev, by Andrea Riquier
chicagobooth.edu/review/why-…
Naz Koont retweeted
In a piece for the @FT, @StevenKelly49 (@YPFSatYale) mentions @zingales' paper with @NazKoont and Tano Santos on slower-moving “bank walks” in response to changing interest rates and digital apps’ role.
FT: ft.com/content/74a7ec7c-cd7e…
ProMarket article: promarket.org/2023/04/04/des…
🌟Excited to share my JMP! 📱🏦
Mobile apps and websites are now the leading way customers interact with their banks
…which is a business that traditionally relied on intangible info collection through local branches…
How is this changing the nature of banking?
4. ⬆️ Consumer surplus, but by more for wealthier segments of economy
5. ⬆️ economies of scale in banking, so that profits of small banks ⬇️
Find out why, and more details in the paper:
papers.ssrn.com/sol3/papers.…
Excited to share these results on how #digitalbanking is reducing the stickiness of deposits! Important for understanding how this digital transformation alters the potency of monetary policy + implications for banking regulations that are based on the idea of sticky deposits.
Bank regulators have always assumed bank deposits are ‘sticky,’ but the advent of #digitalbanking is changing that. New research by @zingales (@ChicagoBooth @StiglerCenter), @NazKoont & Tano Santos (@Columbia_Biz) focuses on new dangers of ‘bank walks.’
promarket.org/2023/04/04/des…
Naz Koont retweeted
Luis is better than me at summarizing the point :). I am glad he recognizes that is important because it is
Naz Koont retweeted
Interesting thread and blog post. Theme: mobile apps make deposits less sticky. Untraditional but helpful take on “transaction costs”. Need to include clicks, time, and other forms of sludge.
Naz Koont retweeted
Bank regulators assume that deposits are sticky, meaning they don’t move around much. But digital banking is changing that. New research, described in a blog (link below) by Koont, Santos, Zingales shows how mobile apps make deposits less stable.
Naz Koont retweeted
Should we re-think bank regulation in this age of digitalization after the SVB collapse? Very insightful new analysis from @NazKoont, Tano Santos and @zingales #proudmom promarket.org/2023/04/04/des…
Naz Koont retweeted
Many thanks to the @FinancialTimes for featuring our paper on ETFs joined with @NazKoont, Lubos Pastor, and Yao Zeng. on.ft.com/417E4qw
Naz Koont retweeted
Surprised to find that passive bond ETFs are everything but passive. They deviate from their index all the time to reduce arbitrage costs for authorized participants (big dealer banks). Seems that liquidity transformation does not come for free, even for ETFs!
In order to be passive and liquid, ETFs must be active, from @nazkoont, @yiming__ma, Lubos Pastor, and Yao Zeng nber.org/papers/w30039
















