Dept. of Finance
Studies continually rank the Department of Finance at the University of Illinois as among the world's most productive finance research units. The Department is also home to outstanding teachers who deliver high-quality, challenging courses. Practice and learning converge to give Illinois finance students an active, engaging educational experience - in our pioneering Master of Science in Finance program, our top-tier PhD program, and in our nationally-ranked undergraduate curriculum.
Browse Collections of Items
(2017-07-12)The first essay, Wage Differentials, Firm Investment, and Stock Returns, investigates the effects of labor costs on firms’ capital investments and stock returns. I estimate wage premia across U.S. industries and show that ...
(2017-04-21)This dissertation comprises two essays that study the link between corporate exposure to international markets, liquidity management and hedging through debt in foreign currency. Chapter 1: Currency Exposure and Liquidity ...
(2017-04-10)This thesis consists of three essays that examine theoretical and empirical questions in corporate finance. The first essay develops a unified general equilibrium framework examining the joint relationships between firm ...
(2017-04-18)The first essay, Knowledge Capital and Innovation Efficiency Effects on Stock Returns, provides a novel framework for understanding innovation in the asset pricing literature. Prior research shows that stock returns are ...
(2016-07-08)This dissertation consists of three chapters on syndicated loan risk. Chapter 1. Determinants of Syndicated Loan Ratings Theory suggests that covenants and collateral reduce credit risk for syndicated loans, resulting ...