Comprised of leading academic experts from Europe and North America , the Moody's Academic Advisory and Research Committee fosters dialogue among researchers in academia and at Moody's. The group has been meeting semi-annually since 2001. The objectives of the meetings are:

• Discuss developments in credit markets and credit risk management
• Review the research findings of the various committee members
• Generate new research projects
• Explore opportunities for collaborative research

In addition, members circulate research in progress for comment and peer review as their work develops. John Hull, Richard Cantor, and Roger M. Stein chair the Committee jointly.

The current members of the Committee are:

• David Lando, Department of Finance, Copenhagen Business School
• John Hull, Global Financial Studies, Inc. and Joseph Rotman School of Management, University of Toronto
• Alan White, Global Financial Studies, Inc. and Joseph Rotman School of Management, University of Toronto
• Darrell Duffie, Graduate School of Business, Stanford University
• Mitchell Petersen, Kellogg School of Management, Northwestern University
• Pierre Collin-Dufresne, Carnegie Mellon University, Graduate School of Industrial Administration
• Jeremy Stein, Department of Economics, Harvard University
• Gary Gorton, Wharton School of Business, University of Pennsylvania
• Kenneth J. Singleton, Stanford University
• Stephen Schaefer, London Business School

Past members include:

• David Heath, Department of Mathematics, Mellon College of Science
• William Perraudin, School of Economics, Mathematics and Statistics,
  Birbeck College
• Stephen Figlewski, Stern School of Business, New York University
• Raguran Rajan, Graduate School of Business, University of Chicago

Announcement of Formation of MAARC, June 2001

First Meeting of MAARC, August 2001