Faculty Directory

Rafael La Porta

Noble Foundation Professor of Finance








PhD, Harvard University, 1994; AM, Harvard University, 1994; AB, Universidad Católica de Buenos Aires, 1985

Areas of Expertise

Corporate finance, corporate governance, law and economics, comparative economics


Professor La Porta is an expert on cross-country differences in laws and practice pertaining to investor protection and how those differences cause economies, stock markets, and firms' financing practices to vary. He teaches the core Corporate Finance course as well as an International Corporate Finance elective course at Tuck.

Current Research Topics

  • Links between industrial and financial groups
  • The regulation of self-dealing

Professional Activities

Academic positions

  • Tuck School of Business, 2003–present
  • Associate Professor, 2000–03, Assistant Professor, 1997–2000, Lecturer, 1994–97, Harvard University 

Nonacademic positions

  • Research Associate, National Bureau of Economic Research, 1997–present
  • Founding Board Member, Mexican Commission on Best Practices in Corporate Governance, 1998–99
  • Consultant, International Monetary Fund, 1998
  • Economic Advisor, Mexican National Banking and Stock Market Commission, 1996–2001
  • Consultant, Mexican Ministry of Finance, 1995–98


  • Alfred P. Sloan Research Fellow, 2001–05

Selected Publications

  • “Informality and Development,” Journal of Economic Perspectives, 2014
  • "Growth in Regions," Journal of Economic Growth, September 2014
  • "Letter Grading Government Efficiency,” Journal of the European Economic Association, April 2014
  • With N. Gennaioli, F. López-de-Silanes, and A. Shleifer, "Human Capital and Regional Development"
  • "The Divergence of Legal Procedures " Appendix, Data forthcoming in American Economic Journal: Economic Policy
  • With A. Shleifer, "The Unofficial Economy and Economic Development," Brookings Papers on Economic Activity, 2008
  • With F. López-de-Silanes and A. Shleifer, "The Economic Consequences of Legal Origins," Journal of Economic Literature, June 2008
  • With S. Djankov, F. López-de-Silanes, and A. Shleifer, "The Law and Economics of Self-Dealing," Journal of Financial Economics, November 2006
  • With S. Djankov, F. López-de-Silane, A. Shleifer, and J. Botero, "The Regulation of Labor," Quarterly Journal of Economics, 2005