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Faculty Directory

Rafael La Porta

Visiting Research Scholar





Personal Website



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.

Current Research Topics

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

Professional Activities

Academic positions

  • Visiting Research Scholar, Tuck School of Business, 2017–present
  • Professor of Finance, Tuck School of Business, 2003–17
  • 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," Dataset XLS
  • "The Divergence of Legal Procedures" Appendix, Data, American Economic Journal: Economic Policy, 1(2), 2009
  • 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