Research Grants

Anna Cororaton, PhD Candidate, Finance
Supply of Credit Across Financial Institutions: Evidence from the Great Recession

Roberto Gomez Cram, PhD Candidate, Finance
Stock Return Predictability: Riding the Risk Premium

Jeremy Greenwood, Professor of Economics
Venture Capital, Innovation, and Growth

Daniel Kim, PhD Candidate, Finance
Size Premium and Distress Premium

Allison Nicoletti, Assistant Professor of Accounting
Frank Zhou, Assistant Professor of Accounting
Compensation Contracts and Bank Risk-Taking

Tanya Paul, PhD Candidate, Accounting
Rachel Zhang, PhD Candidate, Accounting
Does bank monitoring reduce block trading discount?

Sebastien Plante, PhD Candidate, Finance
Mandating Exchange Trading for Corporate Bonds

Nikolai Roussanov, Moise Y. Safra Associate Professor of Finance
Global Macro Factors?

Lisa Tang, PhD Candidate, Management
Learning to Integrate

Amora Elsaify, PhD Candidate, Finance
Why Do R&D-intensive Companies Earn Higher Returns?

Emilie Feldman, Associate Professor of Management
Activist Investors and Corporate Strategy

Erik Gilje, Assistant Professor of Finance
Income Shocks and Household Balance Sheets: Evidence from Shale Royalty Windfalls

Nicholas Johnson, Postdoctoral Researcher, Computer Information Science
A Meta-Learning Approach to Adaptive and Risk-Aware Portfolio Selection

Sebastien Plante, PhD Candidate, Finance
Why do larger corporate bond orders obtain better prices?

Nikolai Roussanov, Associate Professor of Finance
Fracking, Drilling, and Asset Pricing: Estimating the Economic Benefits of the Shale Revolution
Managerial Risk Taking Incentives

Hongxun Ruan, PhD Candidate, Finance
Financial Intermediary’s Impact on Firm’s Innovation

Amir Yaron, Robert Morris Professor of Banking, Professor of Finance
The Asset Pricing Implications of Contracting Frictions

Frank Zhou, Assistant Professor of Accounting
Learning with Information Procession Cost: The Trade Volume Decline of Seasoned Bonds in the Municipal Bond Market

Yasser Boualam, PhD Candidate, Finance
Anna Cororaton, PhD Candidate, Finance
Liquidity Mismatch, Bank Stock Returns, and the Macroeconomy

Francis Diebold, Paul F. and Warren S. Miller Professor of Economics
Estimating Global Bank Network Connectedness

Emilie Feldman, Associate Professor of Management
Acquisitions and Divestitures in Family Firms

Emilie Feldman, Associate Professor of Management
Patia McGrath, PhD Candidate, Management
Financial Consequences of Divestitures

Michael Junho Lee, PhD Candidate, Finance
Information Frictions in Markets of Complex Assets

Nikolai Roussanov, Associate Professor of Finance
Fracking, Drilling, and Asset Pricing: Estimating the Economic Benefits of the Shale Revolution

Gerry Tsoukalas, Assistant Professor of Operations, Information, and Decisions
Large-scale Loan Portfolio Management

Jennifer Blouin, Associate Professor of Accounting
The effects of foreign cash on U.S. multinational activities

Eric Eaton, Lecturer, Computer and Information Science; Faculty Member, General Robotics, Automation, Sensing & Perception (GRASP) lab
Temporal Modeling and Prediction using Multi-Task Deep Learning

Brett Hemenway, Research Scientist, Computer and Information Science
Sanjeev Khanna, Henry Salvatori Professor of Computer and Information Science
Stability in Financial Networks

Enrique Mendoza, Presidential Professor of Economics; Director of Penn Institute for Economic Research
Quantitative Models of Financial Crises and Macroprudential Financial Regulation

David Musto, Ronald O. Perelman Professor in Finance; Finance Department Chair
Christopher Geczy, Academic Director, Jacobs Levy Center; Academic Director, Wharton Wealth Management Initiative; Adjunct Professor of Finance
The Market Value of a Vote

Nikolai Roussanov, Associate Professor of Finance
Managerial Risk Taking Incentives

Kent Smetters, Boettner Professor; Professor of Business Economics and Public Policy
A Sharper Ratio

Alex EdmansAssociate Professor of Finance
Using Student Grades to Grade Teachers, Portfolio Holdings and Governance Through Exit and The Value of Informativeness for Contracting

Todd GormleyAssistant Professor of Finance
Agency Conflicts and Competition and Agency Conflicts and Financial Distress

Mark JenkinsAssistant Professor of Finance
Financial Innovation and Capital Structure:  Evidence from Second Lien Loans

Nikolai RoussanovAssistant Professor of Finance
International Trade, Currency Risk Premia and Cost of Equity Capital

Luke Taylor, Assistant Professor of Finance
Activist Stake Size and Signaling

Jessica Wachter, Professor of Finance
Do Rare Events Explain CDX Tranche Spreads?

Ian Appel,  Ph.D. Candidate in Finance
The Effects of Derivative Lawsuits

Christine DobridgePh.D. Candidate in Finance
Casino Gambling and Household Expenditures

Colin WardPh.D. Candidate in Finance
Can Differences in Rates of Innovation Explain the Carry-Trade?

Alex EdmansAssistant Professor of Finance
The Real Effects of Disclosure and Empirical Evidence of Managerial Myopia

Emilie FeldmanAssistant Professor of Management
Managerial Incentive Alignment in Corporate Spinoffs

Todd GormleyAssistant Professor of Finance
Regulatory Uncertainly and Investment and Agency Conflicts and Financial Distress

Gregory NiniAssistant Professor of Finance
An Exploration of Contracts and Incentives in Collateralized Loan Obligations

Michael RobertsProfessor of Finance
100 Years of Capital Structure: The Leveraging of Corporate America and
Adverse Selection and Moral Hazard in Bank Lending

Nikolai RoussanovAssistant Professor of Finance
International Trade, Currency Risk Premia and Cost of Equity Capital

Ivan ShaliastovichAssistant Professor of Finance
Foreign Exchange Risk Premia: Evidence from Option Markets

Luke Taylor, Assistant Professor of Finance
Estimating Returns to Scale in Active Portfolio Management

Maisy Wong, Assistant Professor of Real Estate
Commercial Mortgage Backed Securities and Special Services

Amir Yaron, Professor of Finance (with Ivan Shaliastovich)
Dynamic CAPM with Time Varying Asset Risk Exposures

Christine DobridgePh.D. Candidate in Finance
Political Risk and Stock Market Outcomes

William MannPh.D. Candidate in Finance (with Michael Roberts)
Quantifying the Costs of Renegotiation