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Joshua M Pollet

Associate Professor of Finance and Seass Faculty Fellow

Educational Background

Ph.D., Economics, Harvard University, 2004
B.A., Magna Cum Laude, Economics, Emory University, 1998

Positions Held

Associate Professor, University of Illinois, 2012-2014
Associate Professor, Michigan State University, 2009-2012
Assistant Professor, Emory University, 2008-2009
Assistant Professor, University of Illinois, 2004-2008

Recent Publications

Hilscher, J., Pollet, J., Wilson, M. Forthcoming. Are credit default swaps a sideshow? Evidence that information flows from equity to CDS markets. Journal of Financial and Quantitative Analysis

DellaVigna, S., Pollet, J. 2013. Capital Budgeting vs. Market Timing: An Evaluation Using Demographics. Journal of Finance, 68: 237-270

Deuskar, P., Pollet, J., Wang, Z., Zheng, L. 2011. The Good or the Bad? Which Mutual Fund Managers Join Hedge Funds? Review of Financial Studies, 24: 3008-3024

Honors and Awards

The Talk of the Town Award, Finance Down Under Conference, 2013

BlackRock Prize, 25th Australasian Finance and Banking Conference, 2012

Evans-Hall Lectureship Award, Emory University, 2011

Service Activities

Ad Hoc Reviewer, Journal of Finance, 2007-2014
Ad Hoc Reviewer, Review of Financial Studies, 2006-2013
Ad Hoc Reviewer, Journal of Financial Economics, 2012

Teaching and Research Interests

The dominant component of Pollet"s research program analyzes the reaction of stock prices and derivatives prices to various types of information. Because the behavior of corporate managers is affected by stock prices, the response of stock prices to information may also influence management decisions. In particular, this research theme examines the relation between investor inattention and stock prices as well as the relation between investor inattention and the decisions of corporate managers. Although investor inattention is the primary focus, Pollet"s research is also comprised of several projects investigating other topics, including the trade-off between aggregate risk and expected return, the link between price impact (liquidity constraints) and the investment decisions of mutual fund managers, and the decision of mutual fund managers to join hedge funds.