Salil Pachare

Financial Economist
Office of Markets

Education Summary

  • Ph.D. Economics, Yale University, 2011
  • B.Com (Hons) Economics, University of Melbourne, 2005

Fields of Interest

  • Information and Market Efficiency
  • Market Microstructure
  • Behavioral Finance
  • Government Policy and Regulation
  • Financial Economist
    Division of Economic and Risk Analysis
    U.S. Securities and Exchange Commission
  • Associate
    Cornerstone Research
  • Kahraman, Bige and Salil Pachare, 2014 Higher Public Disclosure ?in the Shorting Market: Implications for Informational Efficiency
  • Pachare, Salil, 2011, Market Power, Extrapolation and the Cross-Section of Stock Returns
  • Pachare, Salil, 2011, Short Sale Constraints, Limits to Arbitrage and Stock Price Inefficiency


  • Paper presentation, 2013 Midwest Financial Associaton Meetings
  • Paper presentation (by co-author), 2012 Financial Intermediation Research Society Conference
  • Paper presentation (by co-author), 2012 European Summer Symposium in Financial Markets


  • U.S. Securities and Exchange Commission, 2014
  • Office of the Comptroller of the Currency, 2014 Moody's Analytics, 2014
  • Australian School of Business, University of New South Wales, 2011
  • Monash University, 2011
  • University of Hong Kong, 2011
  • University of Melbourne, 2011
  • University of Sydney, 2011

Previous SEC Positions: