• Asset pricing anomalies : persistence, aggregation, and monotonicity 

    Maslov, Denys (2014-05)
    In Chapter 1, I investigate whether returns of strategies based on asset pricing anomalies exhibit time series persistence which can be attributed to flow-induced trading by mutual funds. I find persistence for thirteen ...
  • Asset pricing dynamics in a fragile economy: theory and evidence 

    Yoeli, Uziel (2004)
    Economic fragility affects not only the level of asset prices, but also the conditional moments of asset returns. This dissertation models a fragile economy that ìbreaksî when productivity drops below a certain threshold. ...
  • Asymmetric information, capital supply, and the venture capital market 

    Winegar, Adam Walter; 0000-0002-1344-0297 (2017-05)
    This dissertation provides an overview of venture capital and the effects that asymmetric information and limited and varying capital supply have on the allocation of venture capital to new projects. I develop and solve a ...
  • A behavioral model for mutual fund dynamics 

    Kim, Donghyun; 0000-0001-9641-8716 (2015-08)
    Based on Berk and Green (2004), I develop a model that explains the following well-known stylized facts on mutual funds in a unified framework: (i) a negative aggregate return, (ii) a short-term return persistence, and ...
  • Determinants of mutual fund flows 

    Gallaher, Steven Timothy (2011-05)
    I investigate mutual fund flows at the individual fund and at the fund family level. At the individual, I use SEC filings to decompose fund flows into inflows and outflows. This decomposition of net flows into its component ...
  • Do customers learn from stock prices? 

    Sun, Yue, Ph. D. (2017-05)
    This dissertation provides evidence that a firm's stock price movements affect its customer demand. I develop a model in which customers learn about a firm's product quality partially from its stock price. This learning ...
  • Early career experience and optimism spillover 

    Law, Kai Fung (2012-05)
    Using a long panel on employment history, I exploit a novel setting to examine if sell-side analysts carry over their early career experience into their future professional careers. I find that analysts' early mentorship ...
  • Essay on labor-technology substitution and asset pricing 

    Zhang, Miao, Ph. D. (2016-05)
    My dissertation aims at understanding how firms' adoption of labor-saving production technologies affects their investment and employment decisions; and, ultimately, their stock returns. Chapter 1 theoretically studies a ...
  • Essays in financial intermediation and household finance 

    Parra Castellanos, Carlos Rafael (2016-08)
    This dissertation consists of two papers. The papers examine the U.S. credit markets, first through an examination of the consumer bankruptcy system, and second through the study of the impact of deposit shocks on credit ...
  • Essays in international corporate finance 

    Riutort, Julio César (2011-05)
    This dissertation consists of three essays in international corporate finance. It studies the impact of aggregate conditions and the institutional environment on the behavior of publicly traded firms from a broad sample ...
  • Essays on banking and corporate investment 

    Wardlaw, Malcolm Ian (2011-08)
    This dissertation examines issues in banking and the financing of corporate investment. The first chapter investigates the impact of changes in a bank's health on the investment behavior of its current borrowers for a panel ...
  • Essays on banks' resolutions of problem mortgage loans 

    Kim, Jung-Eun, active 2013 (2013-08)
    This dissertation examines banks' resolution of distressed commercial mortgage loans. Following the introduction in the first chapter, the second chapter reviews the literature on banks' resolutions of distressed loans. ...
  • Essays on business relations and corporate finance 

    Demirci, Irem (2013-08)
    This dissertation studies the impact of business relations on firms' financing decisions. The goal is to understand the determinants of business relations and how they interact with firms' capital structure. In the first ...
  • Essays on corporate finance 

    Crane, Alan David (2010-08)
    This dissertation addresses issues in corporate finance. Part I examines the litigation environment of a firm and its impact on financial policy. Chapter 1 discusses prior research, including theory and empirical results, ...
  • Essays on corporate finance and product market competition 

    Lee, Bomi (2014-08)
    This dissertation contains two essays on the aggressive behavior of corporations in product market competition. In the first essay, I investigate how market structure can impact a firm's risk of facing predation by rivals, ...
  • Essays on corporate risk management 

    Zhu, Rui, 1980- (2011-08)
    This dissertation addresses issues in corporate risk management. Part I examines the determinants for corporate decisions to commodity hedge and to the extent of hedging. Chapter 1 discusses prior literature, including ...
  • Essays on credit risk 

    Tang, Yongjun (2005)
    This dissertation examines the determinants of credit spreads. The purpose and contribution of this dissertation is to provide a more comprehensive and coherent view of credit risk valuation. Specifically, I examine the ...
  • Essays on empirical asset pricing 

    Wei, Chishen (2011-08)
    This dissertation contains two essays that use empirical techniques to shed light on open questions in the asset pricing literature. In the first essay, I investigate whether foreign institutional investors affect stock ...
  • Essays on financial institutions 

    Shah, Ronnie Rashmi, 1981- (2008-08)
    In this dissertation, I explore the ability of financial institutions to impact firm behavior. The first essay examines whether relationships between venture capital owners (VCs) and investment banking underwriters affect ...