Vincent Glode

Vincent Glode

Assistant Professor of Finance

Curriculum Vitae

Research Interests

My research focuses on financial intermediaries and their workers (e.g., fund managers, traders, regulators).  In particular, I build theoretical models to analyze how the financial sector creates and allocates surplus in the economy.

Selected Publications

Compensating Financial Experts  [with Richard Lowery]
*  Journal of Finance 71, December 2016, pp. 2781-2808  [Knowledge@Wharton, Harvard Law School Forum]

Asymmetric Information and Intermediation Chains  [with Christian Opp]
*  American Economic Review 106, September 2016, pp. 2699-2721  [Online Appendix, Older Draft with Additional Extensions]
*  Best Paper Award --- 12th Annual Conference in Financial Economics at IDC-Herzliya

The Labor Market for Bankers and Regulators  [with Philip Bond]
*  Review of Financial Studies 27, September 2014, pp. 2539-2579  [RFS Editorial, Harvard Law School Forum
*  Lead Article
*  RFS Editor's Choice Article

Financial Expertise as an Arms Race  [with Richard C. Green and Richard Lowery]
*  Journal of Finance 67, October 2012, pp. 1723-1759  [CFA Digest, Knowledge@Wharton
*  Terker Family Prize in Financial Research for 2010 (2nd Place) --- 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

*  Lead Article

Why Mutual Funds "Underperform"
*  Journal of Financial Economics 99, March 2011, pp. 546-559

*  Best Paper Award (Capital Markets) --- 2008 Northern Finance Association Meeting
*  Best Paper Award (Investments) --- 2007 Financial Management Association Meeting

Working Papers

Voluntary Disclosure in Bilateral Transactions  [with Christian Opp and Xingtan Zhang]

Can Decentralized Markets Be More Efficient?  [with Christian Opp]

On the Efficiency of Long Intermediation Chains  [with Christian Opp and Xingtan Zhang]

To Pool or not to Pool?  Security Design in OTC Markets  [with Christian Opp and Ruslan Sverchkov]


Corporate Valuation  [formerly titled: Security Analysis] at Wharton since Spring 2010

Introduction to Finance at Carnegie Mellon in Summer 2007