Research Interests

• Mortgage and fixed income markets, bond pricing, corporate and real estate valuation models

Selected Publications

• “Secondary Mortgage Market Purchase Commitment Yields” with Carlos Slawson and Adam Schwartz. Journal of Financial Research Volume 29, No. 4, 593-608, Winter 2006.
• “Weak and Semi-Strong Form Stock Return Predictability, Revisited” with Wayne Ferson, and Tie Su,  Management Science, Volume 51, No. 10, 1582-159, October 2005. Also published as National Bureau of Economic Research Working Paper Series, #10689, August, 2004.
• "Term Structure Factor Shifts and Economic News," with W.B. Barrett and T.F. Gosnell. Financial Analysts Journal, Volume 60, No. 5, 81-94.  September/October 2004.

Teaching & Professional Experience

• Business and Security Valuation, Real Estate Finance, International Finance, Management of Financial Institutions
• Invited Fellow Candidate, Weimer School of Advanced Studies in Real Estate and Land Economics of the Homer Hoyt Institute, 2010
• Co-Director of Real Estate Programs, 2009-
• Chair, Graduate and Undergraduate Curriculum Task Forces, 2007-2008
• Director, International Finance and Marketing Program, 1998-2008

Degrees

• University of Illinois at Urbana-Champaign, Ph.D., Finance, 1982.
• Tulane University, M.B.A., Finance and Accounting, May 1978
• The Sophie Newcomb College of Tulane University, B.A., History, May 1977.