540 Alumni Lane
Research Expertise: Finance, capital market theory, monetary economics, management control systems, international finance and accounting
Even in these roller coaster financial times, Associate Professor Joseph Chen believes it is possible to make sense of Wall Street. Chen’s research reveals that stock market returns behave asymmetrically: they are more likely to make extreme moves on the downside than on the upside, and when markets go down, different stocks are more likely to move down together than when markets move up.
540 Alumni Lane
Research Expertise: Finance
Associate Professor Roger Edelen’s primary research interest is institutional investing. Much of his work has focused on the influence of operational and organizational factors on mutual fund performance, particularly relating to funds’ trading practices and shareholder flow. His research also includes the role of agency conflicts in secondary-market trading, and pricing dynamics in primary security offerings. His teaching interests are investments and derivative securities.
540 Alumni Lane
Research Expertise: Empirical asset pricing, real estate finance, option-pricing and portfolio theory
Lecturer Robert Jalali is a visiting scholar at the UC Berkeley Haas School of Business, where he is conducting research for his doctoral dissertation. He recently published articles on asset price dynamics for the 2014 World Economic Forum Annual Meeting and has other finance and business publications in the UK and in Korea.
Research Expertise: Banking and corporate finance
A leading expert in banking and corporate finance, Professor Robert Marquez tries to uncover the mechanisms that underlie the behavior of financial institutions. One important focus of his research is the effect low interest rates have on banks and whether they encourage banks to take on more leverage. Marquez joined the Graduate School of Management faculty in July 2012.
Research Expertise: Investment management, capital markets, behavioral finance, empirical asset pricing
Associate Professor Anna Scherbina has studied why sophisticated mutual fund managers may irrationally hold onto stocks that have decreased in value. Her most recent research looks at price determination for luxury real estate, how news events impact stock prices and how the difference of opinion in financial markets effect asset returns.
Research Expertise: International trade, finance, macroeconomics and economic history
Professor Alan Taylor teaches economics and finance at the University of California, Davis, with appointments in the Department of Economics and the Graduate School of Management. He is also a research associate of the National Bureau of Economic Research in Cambridge, Mass., and a research fellow of the Center for Economic Policy Research in London. He serves as a co-editor at the Journal of International Economics.
1 Shields Ave
Research Expertise: Economics of financial intermediation, particularly investment banking, commercial banking and venture capital/private equity and corporate finance