Toni Whited is an American financial economist. She is the Heutwell Professor of Economics at the University of Michigan, a research associate at the National Bureau of Economic Research[1] and editor-in-chief of the Journal of Financial Economics.[2]
Whited was raised in Reno, Nevada. She received her B.A. in economics and French from the University of Oregon in 1984 and received her PhD in economics from Princeton University in 1990, sponsored by the National Science Foundation Graduate Research Fellowship . Her dissertation was supervised by Ben Bernanke . She is fluent in English, French and Spanish and conversational in Russian.
Whited began her career at the Federal Reserve Board and held positions as a finance professor at the University of Wisconsin, the University of Rochester and the University of Michigan.
She has published over 40 articles in economics and finance journals covering subjects such as corporate investment, corporate cash policy, structural estimation, corporate diversification, and econometric solutions. She is best known for her work on measurement error and tobin's q. Previously, she served as president of the Western Finance Association.[3]
She has taught a variety of courses at the PhD, MBA, and undergraduate level.[4] Whited is most known for her semi-annual summer school teaching structural estimation in corporate finance at the University of Pennsylvania funded by the Rodney L White Center for Financial Research.[5]
Whited has received honors and awards including:[6]