Vincent Glode

Assistant Professor of Finance

Research Interests

My research focuses on the financial sector and its workers (e.g., fund managers, traders, bankers, regulators). I construct theoretical models aimed at helping us understand how workers' ability, performance, and compensation interact.

Refereed Publications

Financial Expertise as an Arms Race [with Richard C. Green and Richard Lowery]
* Journal of Finance, forthcoming [WP version]
* Terker Family Prize in Financial Research for 2010 [2nd prize] --- Rodney L. White Center at Wharton

Information Spillovers and Performance Persistence for Hedge Funds [with Richard C. Green]
* Journal of Financial Economics 101, July 2011, pp. 1-17 [WP version]
* Lead Article

Why Mutual Funds "Underperform"
* Journal of Financial Economics 99, March 2011, pp. 546-559 [WP version]
* Best Paper on Capital Markets --- 2008 NFA Meeting
* Best Paper on Investments --- 2007 FMA Meeting

Conditional Daily Performance Measures Applied to Bond Mutual Funds [in French]
* Revue Finéco 13, 2003, pp. 1-22.

Working Papers

Compensating Financial Experts [with Richard Lowery]

Bankers and Regulators [with Philip Bond]

Bargaining with Asymmetric Costs for Information [with Richard Lowery]

Time-Varying Predictability in Mutual Fund Returns [with Burton Hollifield, Marcin Kacperczyk, and Shimon Kogan]

Teaching

Corporate Valuation, since Spring 2010, Wharton

Introduction to Finance, Summer 2007, Carnegie Mellon