Top 10% Institutions and Economists in the Field of Market Microstructure, as of September 2025

What this page is about

This page is part of a larger set of rankings for research items, serials, authors and institutions made available on this site. A FAQ is available.

Only authors registered with the RePEc Author Service are considered.
Only works listed on RePEc and claimed as theirs by registered authors are counted.
A series of rankings by different criteria are aggregated. The average rank score is determined by taking a harmonic mean of the ranks in each criterion. For a list of criteria, see the general ranking page.
Authors with multiple affiliations are attributed to each institution according to the weights ("shares") they have set to each in their profile, or by default according to a formula described here.
Authors affiliated with subentities of institutions listed in EDIRC are also counted in the latter.
Only institutions listed in EDIRC are counted.
Subentities of ranked institutions do not increment the rank count and have their rank listed in parentheses.
The scores of institutions in each field are determined by a weighted sum of all scores of authors affiliated with the respective institutions, where the authors have provided weights ("shares") if they have multiple affiliations. The weights are determined, for each author, by the proportion of all working papers announced in NEP that have also been announced in this NEP report.
To be classified, an author needs to have five or more working papers announced in the NEP report for this field. For authors whose first paper is less that 10 years old, having 25% of the papers in the NEP report is sufficient.
There are no such restrictions for institutions, it is thus possible that more institutions than authors are classified.
Please note that rankings can depend on the number of registered authors in the respective institutions. Register at the RePEc Author Service to be counted.
There are 9149 institutions with 72154 registered authors evaluated for all the rankings.

Similar rankings

Entity	Full ranking		Last 10 years		10 best authors		Last 10 years, 10 best authors		Top 5% authors		More
Authors	Short	Details	Short	Details							More
Institutions	Short	Details	Short	Details	Short	Details	Short	Details	All years	Last 10	More
Regions	Short	Details	Short	Details							More

Same ranking by authors, institutions, countries and regions, and more rankings for , including the individual criteria used here.

The rankings

Top 10% institutions in the field of Market Microstructure

For Market Microstructure, these are 239 authors affiliated with 1082 institutions.
All authors classified in this field.

Rank	Institution	Score	Authors	Author shares
1	Department of Economics, Duke University Durham, North Carolina (USA)	1.35	50	1.11
2	National Bureau of Economic Research (NBER) Cambridge, Massachusetts (USA)	4.02	504	1.05
3	Federal Reserve Bank of New York New York City, New York (USA)	4.6	98	3.61
4	HEC Paris (École des Hautes Études Commerciales) Jouy-en-Josas, France	6.22	41	1.29
5	Bayes Business School, City St George's London, United Kingdom	6.59	46	4.37
---	Finance Department, Robert H. Smith School of Business, University of Maryland College Park, Maryland (USA)	6.95	9	1.12
6	Robert H. Smith School of Business, University of Maryland College Park, Maryland (USA)	6.95	15	1.12
---	Department of Finance, Kellogg Graduate School of Management, Northwestern University Evanston, Illinois (USA)	7.67	17	0.74
7	Kellogg Graduate School of Management, Northwestern University Evanston, Illinois (USA)	7.67	53	0.74
---	Départment Économie et Sciences de la Décision, HEC Paris (École des Hautes Études Commerciales) Jouy-en-Josas, France	7.9	17	1.19
8	Graduate School of Business, Stanford University Stanford, California (USA)	10.65	51	1.02
9	Department of Economics, Princeton University Princeton, New Jersey (USA)	15.69	50	0.51
10	Department of Economics, New York University (NYU) New York City, New York (USA)	16.61	61	0.7
11	Department of Economics, Harvard University Cambridge, Massachusetts (USA)	18.87	72	0.37
12	Stern School of Business, New York University (NYU) New York City, New York (USA)	19.38	57	0.46
13	Institut for Økonomi, Aarhus Universitet Aarhus, Denmark	20.72	117	2.92
---	Research and Statistics Group, Federal Reserve Bank of New York New York City, New York (USA)	21.18	66	1.27
14	Bank for International Settlements (BIS) Basel, Switzerland	23.27	104	1.88
15	IESE Business School, Universidad de Navarra Barcelona, Spain	23.31	18	0.19
16	David Eccles School of Business, University of Utah Salt Lake City, Utah (USA)	26.28	16	1
---	Department of Finance, David Eccles School of Business, University of Utah Salt Lake City, Utah (USA)	26.28	10	1
17	Faculty of Economics, University of Cambridge Cambridge, United Kingdom	26.32	73	1.46
---	Bendheim Center for Finance, Department of Economics, Princeton University Princeton, New Jersey (USA)	26.41	7	0.39
18	Booth School of Business, University of Chicago Chicago, Illinois (USA)	28.94	66	1.66
19	Naveen Jindal School of Management, University of Texas-Dallas Dallas, Texas (USA)	30.2	12	0.5
20	Rotman School of Management, University of Toronto Toronto, Canada	30.7	51	1.55
---	Finance, Rotman School of Management, University of Toronto Toronto, Canada	30.7	12	1.55
21	Fakultät für Wirtschaftswissenschaften, Universität Wien Wien, Austria	30.99	64	0.99
22	European Central Bank Frankfurt am Main, Germany	31.42	271	2.3
23	Olin School of Business, Washington University in St. Louis St. Louis, Missouri (USA)	31.73	28	0.21
---	Center for Research in Econometric Analysis of Time Series (CREATES), Institut for Økonomi, Aarhus Universitet Aarhus, Denmark	31.85	39	2.36
24	Wharton School of Business, University of Pennsylvania Philadelphia, Pennsylvania (USA)	33.16	86	2.09
25	Business School, University of Technology Sydney Sydney, Australia	34.94	91	4.08
26	Copenhagen Business School København, Denmark	36.75	81	0.41
---	Finance Department, Wharton School of Business, University of Pennsylvania Philadelphia, Pennsylvania (USA)	37.63	30	2.05
---	Departamento de Economía, Facultad de Ciencias Administrativas y Económicas, Universidad Icesi Cali, Colombia	38.06	12	1
27	Facultad de Ciencias Administrativas y Económicas, Universidad Icesi Cali, Colombia	38.06	15	1
---	Faculty of Finance, Bayes Business School, City St George's London, United Kingdom	38.72	18	1.19
28	William E. Simon Graduate School of Business Administration, University of Rochester Rochester, New York (USA)	38.79	12	0.61
---	Finance Discipline Group, Business School, University of Technology Sydney Sydney, Australia	38.84	37	4.01
---	Institut for Finansiering, Copenhagen Business School København, Denmark	41.72	4	0.16
29	Paul Merage School of Business, University of California-Irvine Irvine, California (USA)	41.89	11	0.33
30	Alliance Manchester Business School, University of Manchester Manchester, United Kingdom	42.8	37	2.16
31	Sloan School of Management, Massachusetts Institute of Technology (MIT) Cambridge, Massachusetts (USA)	44.28	55	0.52
32	Toulouse School of Economics (TSE) Toulouse, France	46.03	157	1.67
---	Department of Statistics and Operations Research, Fakultät für Wirtschaftswissenschaften, Universität Wien Wien, Austria	47.81	7	0.83
33	Federal Reserve Board (Board of Governors of the Federal Reserve System) Washington, District of Columbia (USA)	49.84	211	2.74
34	Dipartimento di Economia, Università Ca' Foscari Venezia Venezia, Italy	50.15	92	0.82
35	London School of Economics (LSE) London, United Kingdom	50.21	351	0.84
36	Swiss Finance Institute Genève/Zürich, Switzerland	50.22	29	0.59
37	Università Commerciale Luigi Bocconi Milano, Italy	51.12	185	1.18
38	Institut ekonomických studií, Univerzita Karlova v Praze Praha, Czech Republic	51.72	129	1.91
39	Department of Economics, University of Pennsylvania Philadelphia, Pennsylvania (USA)	51.85	52	0.67
40	Centre for Economic Policy Research (CEPR) London, United Kingdom	52.92	386	0.38
41	Henley Business School, University of Reading Reading, United Kingdom	53.46	33	2.12
42	International Monetary Fund (IMF) Washington, District of Columbia (USA)	54.28	541	1.67
---	ICMA Centre for Financial Markets, Henley Business School, University of Reading Reading, United Kingdom	57.36	14	1.98
43	Graduate School of Business, Columbia University New York City, New York (USA)	57.4	60	0.29
44	Business School, Imperial College London, United Kingdom	57.42	49	0.67
45	College of Economics and Management, Nanjing University of Aeroneautics and Astronautics Nanjing, China	58.04	6	1
---	Finance Department, Stern School of Business, New York University (NYU) New York City, New York (USA)	58.99	19	0.07
46	Department of Economics, University of North Carolina-Chapel-Hill Chapel Hill, North Carolina (USA)	59.19	24	0.33
47	Faculty of Business and Economics, University of Hong Kong Pokfulam, Hong Kong	62.34	32	1.57
48	Department of Economics, Rutgers University-New Brunswick New Brunswick, New Jersey (USA)	62.57	44	0.88
49	Marshall School of Business, University of Southern California Los Angeles, California (USA)	66.44	24	0.18
---	Department of Finance and Business Economics, Marshall School of Business, University of Southern California Los Angeles, California (USA)	66.44	14	0.18
---	Research Division, Federal Reserve Bank of St. Louis St. Louis, Missouri (USA)	69.94	52	0.27
50	Federal Reserve Bank of St. Louis St. Louis, Missouri (USA)	69.94	61	0.27
51	INSEAD Fontainebleau, France	72.32	24	0.6
52	Economics Department, Georgetown University Washington, District of Columbia (USA)	75.45	49	0.24
53	Fisher College of Business, Ohio State University Columbus, Ohio (USA)	76.91	11	0.19
54	School of Business and Economics, Vrije Universiteit Amsterdam Amsterdam, Netherlands	77.38	134	0.57
55	Department of Economics, University of Chicago Chicago, Illinois (USA)	79.41	82	0.11
56	Monash Business School, Monash University Melbourne, Australia	81.69	198	0.72
57	Université Paris-Dauphine (Paris IX) Paris, France	82.87	154	4.54
58	Department of Economics, Johns Hopkins University Baltimore, Maryland (USA)	83.15	33	0.1
---	Finance Group, Warwick Business School, University of Warwick Coventry, United Kingdom	85.78	15	1.4
59	Warwick Business School, University of Warwick Coventry, United Kingdom	85.78	30	1.4
60	Department of Economics, University of California-Irvine Irvine, California (USA)	87.83	49	0.35
61	School of Economics and Finance, Queen Mary University of London London, United Kingdom	88.9	69	2.72
62	Walter A. Haas School of Business, University of California-Berkeley Berkeley, California (USA)	89.1	51	0.44
63	Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign Urbana-Champaign, Illinois (USA)	93.06	52	0.9
---	Finance and Economics Department, Graduate School of Business, Columbia University New York City, New York (USA)	93.08	26	0.18
---	School of Economics and Finance, Wellington School of Business and Government, Victoria University of Wellington Wellington, New Zealand	93.62	35	2.11
64	Wellington School of Business and Government, Victoria University of Wellington Wellington, New Zealand	93.62	45	2.11
65	Wirtschaftswissenschaftliche Fakultät, Humboldt-Universität Berlin Berlin, Germany	96.23	90	2.55
66	Business School, Macquarie University Sydney, Australia	96.62	46	0.99
67	Centro Studi di Economia e Finanza (CSEF) Napoli, Italy	97.34	71	0.86
68	Bank of Canada Ottawa, Canada	97.74	176	2.16
69	Department of Economics, International Business School, Brandeis University Waltham, Massachusetts (USA)	101.61	34	0.74
---	Finance Department, London School of Economics (LSE) London, United Kingdom	102.57	11	0.53
70	Ross School of Business, University of Michigan Ann Arbor, Michigan (USA)	102.84	26	0.5
71	New Economic School (NES) Moscow, Russia	106.31	41	1.48
72	Fakultät Wirtschafts- und Sozialwissenschaften, Universität Hohenheim Hohenheim, Germany	106.46	32	0.76
---	Volatility Institute, Stern School of Business, New York University (NYU) New York City, New York (USA)	107.07	2	0.02
73	Faculté des Hautes Études Commerciales (HEC), Université de Lausanne Lausanne, Switzerland	107.74	56	1.2
---	Department of Finance, Fisher College of Business, Ohio State University Columbus, Ohio (USA)	108.76	2	0.02
74	Fakultät für Betriebswirtschaftslehre, Universität Mannheim Mannheim, Germany	111.52	21	0.84
75	Department of Economics, Northwestern University Evanston, Illinois (USA)	114.08	48	0.05
76	Stockholm School of Economics Stockholm, Sweden	115.58	61	1.19
---	Office of Financial Research, Department of the Treasury, Government of the United States Washington, District of Columbia (USA)	117.42	15	2.11
77	Department of the Treasury, Government of the United States Washington, District of Columbia (USA)	117.42	38	2.11
78	School of Economics and Management, Universiteit van Tilburg Tilburg, Netherlands	119.86	142	0.55
79	College of Business and Economics, West Virginia University Morgantown, West Virginia (USA)	120.22	31	0.68
---	Department of Finance, Stockholm School of Economics Stockholm, Sweden	121.37	8	1.11
---	Dauphine Recherches en Management (DRM), Université Paris-Dauphine (Paris IX) Paris, France	121.69	37	3
80	School of Economics, University of Bristol Bristol, United Kingdom	122.49	58	1.83
81	Bank of England London, United Kingdom	122.78	217	4.36
82	Department of Economics, University of California-Berkeley Berkeley, California (USA)	122.83	64	0.12
83	Business School, Newcastle University Newcastle upon Tyne, United Kingdom	125.3	35	1
84	Wirtschaftswissenschaftliches Zentrum, Universität Basel Basel, Switzerland	126.56	65	0.5
---	Department of Finance, College of Business and Economics, West Virginia University Morgantown, West Virginia (USA)	127.51	2	0.66
85	Økonomisk Institut, Københavns Universitet København, Denmark	127.91	78	0.9
86	Department of Economics, Cornell University Ithaca, New York (USA)	129.2	50	0.42
87	Cowles Foundation for Research in Economics, Yale University New Haven, Connecticut (USA)	131.43	18	0.1
88	Tinbergen Instituut Amsterdam, Netherlands	132.44	128	0.43
89	Faculteit Economie en Bedrijfswetenschappen, KU Leuven Leuven, Belgium	132.5	152	0.67
90	Department of Economics, University of California-San Diego (UCSD) La Jolla, California (USA)	135.41	52	1
91	Judge Business School, University of Cambridge Cambridge, United Kingdom	136.16	41	0.09
92	Department of Economics, McGill University Montréal, Canada	136.63	36	0.31
93	Frankfurt School of Finance and Management Frankfurt, Germany	136.9	39	1.06
---	Dipartimento di Finanza, Università Commerciale Luigi Bocconi Milano, Italy	136.91	30	0.65
94	Groupe EDHEC (École de Hautes Études Commerciales du Nord) Lille/Paris, France	139.34	19	1.26
95	School of Finance, Universität St. Gallen Sankt Gallen, Switzerland	139.95	43	3.7
96	Economics Department, University of Essex Colchester, United Kingdom	140.48	50	0.64
97	Department of Economics, University of Toronto Toronto, Canada	141.23	74	1.11
98	Schweizerische Nationalbank (SNB) Bern/Zürich, Switzerland	143	140	1.48
99	Economics Department, University of California-Santa Cruz (UCSC) Santa Cruz, California (USA)	143.19	45	0.49
100	Department of Economics, Hebrew University of Jerusalem Jerusalem, Israel	144.88	38	0.18
101	Norges Bank Oslo, Norway	145.32	27	0.86
102	School of Management, Yale University New Haven, Connecticut (USA)	145.88	41	0.27
103	Facultad de Ciencias Económicas y Empresariales, Universidad de los Andes (Chile) Santiago/Las Condes, Chile	147.72	16	1
---	Institut d'Économie Industrielle (IDEI), Toulouse School of Economics (TSE) Toulouse, France	148.48	12	0.75
104	Fachbereich Wirtschaftswissenschaft, Goethe Universität Frankfurt am Main Frankfurt am Main, Germany	148.62	77	1.09
105	Faculty of Business and Economics, University of Melbourne Melbourne, Australia	149.2	99	1.47
106	School of Business, Trinity College Dublin Dublin, Ireland	149.5	5	0.06
---	Institutt for Finans, BI Handelshøyskolen Oslo, Norway	149.93	23	1.42
107	BI Handelshøyskolen Oslo, Norway	149.93	55	1.42
108	Deutsche Bundesbank Frankfurt, Germany	150.09	178	3.69

The rankings

Top 10% authors in the field of Market Microstructure

For Market Microstructure, these are 239 authors affiliated with 1082 institutions.
All authors classified in this field.

Rank	Author	Score
1	Tim Bollerslev Department of Economics, Duke University, Durham, North Carolina (USA)	2.04
2	George Tauchen Department of Economics, Duke University, Durham, North Carolina (USA)	3.63
3	Torben G. Andersen National Bureau of Economic Research (NBER), Cambridge, Massachusetts (USA)	4.86
4	Xavier Vives IESE Business School, Universidad de Navarra, Barcelona, Spain	5.19
5	Thierry Foucault Départment Économie et Sciences de la Décision, HEC Paris (École des Hautes Études Commerciales), Jouy-en-Josas, France	6.66
6	Michael J. Fleming Federal Reserve Bank of New York, New York City, New York (USA) Research and Statistics Group, Federal Reserve Bank of New York, New York City, New York (USA)	7.45
7	Oliver Bruce Linton Faculty of Economics, University of Cambridge, Cambridge, United Kingdom	8.82
8	Mark P. Taylor Olin School of Business, Washington University in St. Louis, St. Louis, Missouri (USA)	8.88
9	Lasse Heje Pedersen Institut for Finansiering, Copenhagen Business School, København, Denmark	9.57
10	Ravi Jagannathan Department of Finance, Kellogg Graduate School of Management, Northwestern University, Evanston, Illinois (USA)	10.33
11	Nikolaus Hautsch Department of Statistics and Operations Research, Fakultät für Wirtschaftswissenschaften, Universität Wien, Wien, Austria	10.83
12	Darrell Duffie Graduate School of Business, Stanford University, Stanford, California (USA)	12.36
13	Yacine Ait-Sahalia Bendheim Center for Finance, Department of Economics, Princeton University, Princeton, New Jersey (USA)	13.28
14	Takatoshi Ito †	16.26
15	Neil Shephard Department of Economics, Harvard University, Cambridge, Massachusetts (USA)	16.73
16	Bruno R Biais Départment Économie et Sciences de la Décision, HEC Paris (École des Hautes Études Commerciales), Jouy-en-Josas, France	17.47
17	Fulvio Corsi Dipartimento di Economia, Università Ca' Foscari Venezia, Venezia, Italy	20.71
18	Haoxiang Zhu Sloan School of Management, Massachusetts Institute of Technology (MIT), Cambridge, Massachusetts (USA) National Bureau of Economic Research (NBER), Cambridge, Massachusetts (USA)	22.38
19	Angelo Ranaldo Swiss Finance Institute, Genève/Zürich, Switzerland Wirtschaftswissenschaftliches Zentrum, Universität Basel, Basel, Switzerland	24.28
20	Peter Reinhard Hansen Department of Economics, University of North Carolina-Chapel-Hill, Chapel Hill, North Carolina (USA)	25.08
21	Ricardo Lagos Department of Economics, New York University (NYU), New York City, New York (USA)	26.56
22	Albert J. Menkveld Tinbergen Instituut, Amsterdam, Netherlands School of Business and Economics, Vrije Universiteit Amsterdam, Amsterdam, Netherlands	27.25
23	Rosario Nunzio Mantegna	29.21

The data presented here are experimental. They are based on a sample of the research output in Economics and Finance. Only material catalogued in RePEc is considered. For any citation based criterion, only works that could be parsed by the CitEc project are considered. For any ranking of people, only those registered with the RePEc Author Service can be taken into account. And for rankings of institutions, only those listed in EDIRC and claimed as affiliation by the respective, registered authors can be measured. Thus, this list is by no means based on a complete sample. You can help making this more comprehensive by encouraging more publications to be listed (instructions) and more authors to register (form). For more details on the various rankings that are available as well for documentation, follow this link.

Credits:

Citations from CitEc project by José Manuel Barrueco Cruz, University of Valencia, Spain. Hardware provided by Instituto Valenciano de Investigaciones Económicas (IVIE), Valencia, Spain.
Abstract views and downloads statistics from LogEc project by Sune Karlsson, Örebro University, Sweden.
Author registration, institution database, and ranking computations by Christian Zimmermann.
RePEc has been initiated by Thomas Krichel.

We do our best, but we cannot exclude errors.

Browse Econ Literature

More features

Top 10% Institutions and Economists in the Field of Market Microstructure, as of September 2025

What this page is about

Similar rankings

The rankings

Top 10% institutions in the field of Market Microstructure

The rankings

Top 10% authors in the field of Market Microstructure

More services and features

MyIDEAS

Author registration

Rankings

RePEc Genealogy

RePEc Biblio

MPRA

New papers by email

EconAcademics

Plagiarism

About RePEc

RePEc home

Blog

Help/FAQ

RePEc team

Participating archives

Privacy statement

Help us

Corrections

Volunteers

Get papers listed

Open a RePEc archive

Get RePEc data