Thomas RuchtiOffice of Financial Research, U.S. Department of the TreasuryI am a Research Principal at the Office of Financial Research. My research explores how firms and markets respond to information. Most of my published research focuses on earnings management and disclosure, though I also do research on financial intermediation, institutions, and market microstructure. Of particular interest is how existing and emerging institutions affect financial stability.email: thomasgordenruchti@gmail.com ResearchCV       SSRN       Google Scholar |