Now showing items 41-50 of 60
Three Essays on Information Economics and Delegated Portfolio Management
(2021)
This dissertation studies the implications of technological innovation in the financial markets to asset prices, market quality, and the delegated portfolio management sector. Three such developments are considered: index ...
Essays on Banking
(2022)
Financial system access is important, especially for disadvantaged groups. I study the ways in which people interact with the financial system at a local level.
In Chapter 1, I study the Freedman’s Savings and Trust Bank, ...
Financial Capital and Human Capital in American Corporations: How Ownership by Activist Hedge Funds and Index Investors Affects Employee Satisfaction
(2020)
Two major trends in the American capital market affect whether firms adopt a long-term or a short-term orientation. The first trend is the growing concentration of ownership of public companies by index investors, such as ...
Essays on Financial and Technological Innovations, Private Capital Markets, and Entrepreneurship
(2023)
Access to financing is one of the main barriers to entrepreneurial activities and economic growth. In my research, I investigate whether financial and technological innovations mitigate frictions in the market for early-stage ...
Three Essays on Frictions in Financial Markets
(2019)
In the first chapter, I develop and estimate a novel dynamic model of the secondary market trading of intangible assets in an environment where financial market frictions interfere with firm investment. Intangible asset ...
Three Essays in Financial Economics
(2019)
This dissertation examines i) how market structure and the beliefs of market participants impact U.S. corporate bond mutual funds as well as the underlying bond market, and ii) whether personal experiences affect central ...
Computational Modeling and Design of Financial Markets: Towards Manipulation-Resistant and Expressive Markets
(2021)
Electronic trading platforms have transformed the financial market landscape, supporting automation of trading and dissemination of information. With high volumes of data streaming at high velocity, market participants use ...
Three Essays in Corporate Finance
(2018)
This dissertation consists of three essays in corporate finance. The essays study the applications of information friction to various contexts in corporate finance.
In the first essay, I study a board's decision to fire ...
Essays in Financial Economics.
(2016)
The first chapter studies the impact of house price expectations together with securitization, on the magnitude of risky mortgage lending by banks. This chapter first presents a simple model to explore the impact of both ...
Accounting Policy Similarity and Active vs. Passive Institutional Investors
(2018)
I examine the differential effects of similarity in accounting policy disclosures by firms on investment by active and passive institutional investors. I develop a novel measure of accounting similarity based on the textual ...