Avner Kalay
Professor
Department of Finance
Email: finak@business.utah.edu
Degrees:
1979 PHD University of Rochester
1977 University of Rochester
Teaching Areas:
Finance
Research Statements:
Corporate Finance (in particular Corporate Dividend Policy, Taxation, and Investment Policy), Capital market Theory and efficiency, Economics of Information, Agency Theory, Optimal Contracting, Real Options, and Micro-Structure of Markets.
Recent Awards:
1999 Garn Faculty Scholar - University of Utah
1999 Research grant from Sapir Center of Economic Research - Sapir Center of Economic Research
Journal Articles
- "Ex Dividend Arbitrage in Option Markets" Review of Financial Studies. (Forthcoming)
- "Detecting Liquidity Traders" Journal of Financial and Quantitative Analysis. (2009)
- "“Is Chapter 11 Costly?”" Journal of Financial Economics. (2007)

