RESEARCH

PUBLICATIONS

“Can Analysts Pick Stocks for the Long-Run”, (with R. S. Hansen and L. Ye), 2015, Journal of Financial Economics, forthcoming.

“Are Analysts Informative to the General Public?”, (with V. Balashov and R. S. Hansen), 2013, Management Science, 59(11), 2550-2565.

“On the Information Role of Analyst Recommendations” (with R. S. Hansen), 2009, Journal of Accounting and Economics, 48 (1), 17-36.

“Discounting and Underpricing in Seasoned Equity Offerings” (with R. S. Hansen), 2003, Journal of Financial Economics, 69, 285-323.

“Are There Economies of Scale in Underwriter Spreads? Evidence of Rising External Financing Costs” (with R. S. Hansen), 2000. Review of Financial Studies, 13 (no. 1), 191-218.

WORKING PAPERS

“From Independent Investment Banking to Trading: The Transformation of Wall Street Brokerages Before their Downfall”, 2013. (with R. S. Hansen and E. Hrnjić)

“The Puzzling Wealth Loss around Equity Offerings: Is it Merely Price Pressure or is there More Information?” 2012.

“Investment Bank Governance”, 2009 (with R. S. Hansen and E. Hrnjić).

“Additions and Deletions to the Nasdaq QQQ Index”, 2009 (with Mary Becker),.

“An Examination of Seasoned Equity Placement Effort”, 2007.