Vincent Glode

Vincent Glode

Assistant Professor of Finance




Curriculum Vitae

Research Interests

My research focuses on the financial sector and its workers (e.g., fund managers, traders, regulators).  I construct theoretical models to better understand how ability, performance, and compensation interact in the sector.

Recent Publications

The Labor Market for Bankers and Regulators  [with Philip Bond]
*  Review of Financial Studies, forthcoming  [WP version, Harvard Law School Forum summary]


Financial Expertise as an Arms Race  [with Richard C. Green and Richard Lowery]
*  Journal of Finance 67, October 2012, pp. 1723-1759  [WP version, CFA Digest summary]
*  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 Northern Finance Association Meeting
*  Best Paper on Investments --- 2007 Financial Management Association Meeting


Working Papers

Adverse Selection and Intermediation Chains  [with Christian Opp]

Informed Trading and High Compensation in Finance  [with Richard Lowery]
*  Previously circulated as "Compensating Financial Experts"

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

Bargaining with Asymmetric Costs for Information  [with Richard Lowery]


Teaching

Corporate Valuation at Wharton since Spring 2010

Introduction to Finance at Carnegie Mellon in Summer 2007