GW Monogram

School of Business

 

Finance Research

Uniquely Positioned To Do Cutting-Edge Research

Faculty in the Department of Finance are actively involved in producing high-quality research.

Over the last five years, more than 50 articles have been published in top academic journals, including:

  • Journal of Finance
  • Journal of Financial Economics
  • Review of Financial Studies
  • Journal of Financial and Quantitative Analysis
  • Journal of Banking and Finance
  • Journal of Economics Dynamic and Control

Our faculty research interests range from core empirical finance research in corporate finance and investment to more specific topics in regulation and law, real estate investment and development, fixed income and derivative pricing, risk management, and behavioral finance models. Finance faculty also incorporate their own research as well as the most recent advances in finance research into the material they teach their graduate and undergraduate students.

 

"Research here isn’t for research’s sake. Like everything we do, our goal is to use it to transform policy and subsequently have an impact on people’s lives. For example, one of my challenges was to discover why the U.S. housing market collapsed and what could be done to prevent it from happening again. This was the perfect setting to do that work."

Robert Van Order, PhD

Oliver T. Carr Professor of Real Estate
Professor of Finance
Chair, Department of Finance

 

 

Recent Finance Research Publications

Senay Agca

“The Impact of Capital Market Imperfections on the Investment-Cash Flow Sensitivity,” Journal of Banking and Finance (with A. Mozumdar).

“The Performance of Alternative Risk Measures and Immunization Strategies Under a Heath-Jarrow-Morton Framework,” Journal of Financial and Quantitative Analysis, September 2005, Vol. 40, No. 3, pp. 645-669.

Alexandre M. Baptista

“On the Non-Existence of Redundant Options,” 2007, Economic Theory, 31, pp. 205-212.

“Does the Basle Capital Accord Reduce Bank Fragility? An Assessment of the Value-at-Risk Approach,” 2006, Journal of Monetary Economics, 53, pp. 1631-1660 (with Gordon J. Alexander).

“Options and Efficiency in Multidate Security Markets,” 2005, Mathematical Finance, 15, pp. 569-587.

“A Comparison of VaR and CVaR Constraints on Portfolio Selection with the Mean-Variance Model,” 2004, Management Science, 50, pp. 1261-1273 (with Gordon J. Alexander).

“Spanning with American Options,” 2003, Journal of Economic Theory, 110, pp. 264-289.

Neil G. Cohen

“Obstacles to Trade, Growth, Investment and Competitiveness: Ten Case Studies on Balkan Businesses.”

William C. Handorf

“An Index of Risk Management and Value Creation,” 2007, Bank Accounting and Finance.

“US Bank Loan-Loss Provisions, Economic Conditions, and Regulatory Guidance,” 2006, Journal of Applied Finance.

Gergana Jostova

Jostova’s work has been published in the Journal of Finance, Journal of Business, Journal of Financial and Quantitative Analysis, and the Financial Analysts Journal.

Robert Savikas

Savikas’ work has been published in the Review of Financial Studies, Journal of Financial and Quantitative Analysis, Journal of Banking and Finance, and the Journal of Business and Economic Statistics.