Box: 353226
Christopher Hrdlicka
- Associate Professor of Finance and Business Economics John B. and Delores L. Fery Faculty Fellow
Education
- PhD University of Chicago (2010)
- MBA University of Chicago (2010)
- MA Washington University in St. Louis (2005)
- BA Washington University in St. Louis (2005)
Academic Expertise
- asset pricing
- corporate governance
- dividend and payout policy / stock splits
- economics
- financial economics
- financial markets
- macroeconomics
- microeconomics
- public finance
- regulation
Industries
- Asset Management
- Education
- Pension Funds
Current Research
- Measuring information diffusion
- Connecting information release to risk structure
- Financial investments of corporations and endowments
Positions Held
- At the University of Washington since 2010
- Towers Perrin Actuarial Summer Intern, 2002-2005
Selected Publications
“Trading Volume and Time Varying Betas“
Hrdlicka, C., (2022). The Review of Finance, Vol. 26(1), pp. 79-116.
“Where Does the Predictability from Sorting on Returns of Economically Linked Firms Come From?“
Burt, A., Hrdlicka, C., (2021). Journal of Financial and Quantitative Analysis Online.
“How Much Do Directors Influence Firm Value“
Burt, A., Hrdlicka, C., Harford, J., (2020). Review of Financial Studies, Vol. 33(4), pp. 1818-1847.
“The Structure of Information Release and the Factor Structure of Returns“
Gilbert, T., Hrdlicka, C., & Kamara, A., (2018). Journal of Financial Economics, Vol. Vol. 127(3), pp. 546-566.
“Precautionary Savings with Risky Assets: When Cash is Not Cash“
Duchin, R., Gilbert, T., Harford, J., & Hrdlicka, C., (2017). Journal of Finance, Vol. 72(2), pp. 793-852.
“Why Are University Endowments Large and Risky?“
Gilbert, T., & Hrdlicka, C., (2015). Review of Financial Studies, Vol. 28(9), pp. 2643-2686.
“Daily Data is Bad for Beta: Opacity and Frequency-Dependent Betas“
Gilbert, T., Hrdlicka, C., Kalodimos, J., & Siegel, S., (2014). Review of Asset Pricing Studies, Vol. 4(1), pp. 78-117.
Working Papers
- “Understanding Network-Based Measures of Information Diffusion” with Aaron Burt
- “The Structure of Information Release and the Factor Structure of Returns” with Thomas Gilbert and Avraham Kamara
- “Return Predictability Through Board Links” with Aaron Burt
Honors and Awards
- European Finance Association Commonfund Price for Best Paper on Foundation and Endowment Asset Management, 2013
- Alpha Kappa Psi Professor of the Quarter Spring 2012