B.A., 1983, Magna Cum Laude, History, Carleton College
M.A., 1985, Philosophy, Politics & Economics, Oxford University
J.D., 1988, Law, Harvard University
Ph.D., 1997, Strategic Management & Organization, University of Minnesota

Risk and investment in emerging-market countries; Political business cycles; Performance trends in technology industries and firms

Emerging-market country elections and foreign investment; Country groups and foreign direct investment; Privatizing enterprise valuation and performance; Risk and capital structure in project finance; Dynamic competition in technology industries; Corporate affiliation and business performance

"Are Technology-Intensive Industries More Dynamically Competitive? No and Yes," Paul M. Vaaler and Gerry McNamara, Organization Science, forthcoming

"Residual State Ownership, Policy Stability and Financial Performance Following Strategic Decisions by Privatizing Telecoms," Paul M. Vaaler and Burkhard N. Schrage, Journal of International Business Studies, forthcoming

"How Do MNCs Vote in Developing Country Elections?" Paul M. Vaaler, Academy of Management Journal 51: 21-44 (2008)

"Elections, Opportunism, Partisanship and Sovereign Ratings in Developing Countries," Paul M. Vaaler, Burkhard N. Schrage and Steven A. Block, Review of Development Economics 10(1): 154-170 (2006).

"Counting the Investor Vote: Political Business Cycle Effects on Sovereign Bond Spreads in Developing Countries," Paul M. Vaaler, Burkhard N. Schrage and Steven A. Block, Journal of International Business Studies, 36(1): 62-88 (2005).

"Crisis and Competition in Expert Organizational Decision Making: Credit Rating Agencies and Their Response to Turbulence in Emerging Economies," Paul M. Vaaler and Gerry McNamara, Organization Science, 15(6): 687-703 (2004).

"The Price of Democracy: Sovereign Risk Ratings, Bond Spreads and Political Business Cycles in Developing Countries," Steven A. Block and Paul M. Vaaler, Journal of International Money and Finance, 23(3): 917-946 (2004).

"Same as it Ever Was: The Search for Evidence of Increasing Hypercompetition," Gerry McNamara, Paul M. Vaaler and Cynthia Devers, Strategic Management Journal, 24(3): 261-278 (Selected by Emerald Management Reviews as one of the top 50 management research articles published in 2003) (2003)

BOOK: Creative Destruction: Business Survival and Success in the Global Internet Economy, Lee W. McKnight, Paul M. Vaaler and Raul Katz, eds., MIT Press, Cambridge, MA (2001); (paperback published by MIT Press) 2002; (Japanese edition published by Toyo-Kezai Press) (2003); (Chinese edition published by Central-South University Press) (2007).

BOOK: Financial Innovations and the Welfare of Nations: How Cross-Border Transfers of Financial Innovations Nurture Emerging Capital Markets, Laurent Jacque and Paul M. Vaaler, eds., Kluwer Academic Publishers, Boston, MA (2001).