Jay F. Coughenour
 |
Associate Professor of Finance Department Chair Website |
Education:
- PhD, Arizona State University, Finance, 1995
- MBA, Northeastern University, 1989
- BA, University of Pittsburgh, Economics and Political Science, 1987
Publications:
- "Limited Attention and the Allocation of Effort in Securities Trading," with Shane Corwin, forthcoming, Journal of Finance, 2007.
- "Common Market Makers and Commonality in Liquidity," with Mohsen Saad, Journal of Financial Economics, 2004, 73, 37-70.
- "Liquidity Provision and the Organizational Form of NYSE Specialist Firms" with Dan Deli, Journal of Finance, 2002, 57, 841-870.
- "Market Microstructure: A Review of Empirical Research," with Kuldeep Shastri, Financial Review, 1999, v34 n4, 1-28.
- "Is There a Term Structure of Futures Volatilities? Reevaluating the Samuelson hypothesis," with Hank Bessembinder, Paul Seguin, and Margaret Smoller, Journal of Derivatives, 1996, 4, 45-58.
- "Mean Reversion in Equilibrium Asset Prices: Evidence from the Futures Term Structure," with Hank Bessembinder, Paul Seguin, and Margaret Smoller, Journal of Finance, 1995, 50, 361-375.
Research and Teaching Awards:
- WFA-NYSE Best Paper Award for "Limited Attention and the Allocation of Effort in Securities Trading," with Shane Corwin, WFA Conference, 2006.
- FMA-NASDAQ Best Paper Award for "Information, Inventory, and the Size and Sequence of Trades," FMA Conference, 2001.
- EMBA Teaching Excellence Award (Honorable Mention), 2005.
- Certificate of Appreciation, awarded by graduating seniors, University of Pittsburgh, 1998.
- Faculty Appreciation Honoree, awarded by undergraduates, University of Massachusetts, 1996.
Research in Progress:
- Dealer Profits and Market Competition, with Jeff Harris.
- Liquidity Risk and Market Competition, with Arek Nowak.
UD Courses Taught:
- Investments (FINC314, FINC852)
- Derivatives and Risk Management (FINC416, FINC856)
- Financial Management (FINC850)
- Workshop in Financial Economics (FINC857)
