Professor Merrick has split his professional career between academia and Wall Street. He worked for six years at Lehman Brothers in fixed income derivatives research, product management, and proprietary trading. He spent five additional years in global fixed income portfolio management and the hedge fund trade advisory business. He came to William and Mary in 2005 from Baruch College, where he had spent four years after a second stint on the faculty of the Stern School of Business at New York University. He has also been a visiting scholar at the Federal Reserve Bank of Philadelphia and a consultant to the World Bank.
Professor Merrick's research agenda has been shaped largely by his experiences on Wall Street. His academic research program focuses on securities and commodities market frictions, asset and derivative contract valuation, and market manipulation.
At the Mason School of Business, Professor Merrick teaches Financial History and Money and Debt Markets in the BBA program and Fixed Income and Securitization in the Master of Accounting Program.
Professor Merrick is a Principal at WEFA, LLC, a consulting firm that provides specialized analysis in finance including expert witness testimony, company valuation, and market studies.
- Financial Intermediaries in the Midst of Market Manipulation: Did They Protect the Fool or Help the Knave?
- Market Transparency and the Marking Precision of Bond Mutual Fund Managers
- Missing the Marks: Dispersion in Corporate Bond Valuations Across Mutual Funds
- Financial Asset Demand is Elastic: Evidence from New Issues of Federal Home Loan Bank
- Crisis Dynamics of Implied Default Recovery Ratios: Evidence from Russia and Argentina
- Spanish Treasury Bond Market Liquidity and Volatility Pre- and Post-European Monetary Union
- Strategic Trading Behavior and Price Distortion in a Manipulated Market: Anatomy of a Squeeze
- Peer Pressure: Industry Group Impacts on Stock Valuation Precision and Contrarian Strategy Performance
- Tracking the US Treasury: Footprints from the Treasury's Debt Buyback Program