Foster School of Business
University of Washington
Box: 353226
Seattle, WA 98195-3226
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
- investing
- 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“Journal Article: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?“Journal Article:Burt, A., Hrdlicka, C., (2021). Journal of Financial and Quantitative Analysis Online,
- “How Much Do Directors Influence Firm Value“Journal Article: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“Journal Article: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“Journal Article: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?“Journal Article: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“Journal Article: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