Director of Capital Studies, Milken Institute
Glenn Yago is Director of Capital Studies at the Milken Institute and a leading authority on financial innovations, capital markets, emerging markets and environmental finance. Yago is also a Senior Koret Knesset Fellow directing postgraduate research on economic and financial reform in Israel. He focuses on the innovative use of financial instruments to solve long-standing economic development, social and environmental challenges. His work has contributed to policy innovations fostering the democratization of capital to traditionally underserved markets and entrepreneurs in the U.S. and around the world
Prior to joining the Milken Institute, Yago served as a professor at the State University of New York-Stony Brook and City University of New York Graduate Center and has taught at Tel-Aviv University and the Interdisciplinary Center-Herzliya. He is the author of five books, including Restructuring Regulation and Financial Institutions (Kluwer) and Beyond Junk Bonds (Oxford University Press), and Co-Editor of the Milken Institute Series on Financial Innovation and Economic Growth (Springer). Yago created the Milken Institute’s Capital Access Index, an annual survey measuring access to capital for entrepreneurs across countries, and co-created the Opacity Index, measuring financial risks associated with corruption, legal, enforcement, accounting and regulatory practices internationally. His opinions appear regularly in the Los Angeles Times and Wall Street Journal. Yago earned his Ph.D. at the University of Wisconsin, Madison.