Christopher Polk

Professor of Finance; Director, Financial Markets Group (FMG)

Research interests

• Asset Pricing
• Corporate Finance
• Hedge Funds
• Macroeconomics

Selected papers

• Connected Stocks (with Miguel Anton), The Journal of Finance, 69 (3). pp. 1099-1127. ISSN 0022-1082
  Internet appendix to 'Connected Stocks' 

• An Intertemporal CAPM with Stochastic Volatility (with John Campbell, Stefano Giglio, and Robert Turley), London School of Economics working paper, June 2013

• Hard Times (with John Campbell and Stefano Giglio), 2013, The Review of Asset Pricing Studies, 3 (1). pp. 95-132.
  Internet Appendix to 'Hard Times'

• Comomentum: Inferring Arbitrage Capital from Return Correlations (with Dong Lou), London School of Economics working paper, February 2013.

• Stock Prices Under Pressure: How Tax and Interest Rates Drive Returns at the Turn of the Tax Year (with Johnny Kang, Tapio Pekkala, and Ruy Ribeiro), London School of Economics working paper, October 2011. Internet Appendix to Stock Prices Under Pressure

• Best Ideas (with Randy Cohen and Bernhard Silli), London School of Economics working paper, May 2010

• New in Town: Demographics, Immigration, and the Price of Real Estate (with Dragana Cvijanovic and Jack Favilukis), London School of Economics working paper, April 2010

• 'Growth or Glamour? Fundamentals and Systematic Risk in Stock Returns' with John Campbell and Tuomo Vuolteenaho, 2010, Review of Financial Studies 23, 305- 344.

• 'The price is (almost) right' with Randy Cohen and Tuomo Vuolteenaho, 2009, Journal of Finance 64, 2739-278

• 'The stock market and corporate investment: a test of catering theory' with Paola Sapienza, 2009, The Review of Financial Studies, 22, 187-217

• 'Cross-sectional forecasts of the equity premium' with Sam Thompson and Tuomo Vuolteenaho, 2006, The Journal of Financial Economics, 81, 101-141

• 'Money illusion in the stock market: The Modigliani-Cohn hypothesis' with Randy Cohen and Tuomo Vuolteenaho, 2005, Quarterly Journal of Economics, CXX, 639-668

• 'The value spread' with Randy Cohen and Tuomo Vuolteenaho, 2003, The Journal of Finance, 58, 609-641

• 'Does diversification destroy value?: Evidence from industry shocks' with Owen Lamont, 2002, The Journal of Financial Economics, 63, 51-77.
  Winner of the 2002 Jensen prize for best corporate finance paper in The Journal of Financial Economics

• 'The diversification discount: cash flows vs. returns' with Owen Lamont, 2001, The Journal of Finance, 56, 1693-1721

• 'Financial constraints and stock returns' with Owen Lamont and Jesus Saá-Réquejo, 2001, The Review of Financial Studies, 14, 529-554

Teaching

• Office Hours (internal LSE access only)  

Lectures/classes

• FM212  Principles of Finance
  Current students click here for course information
   
• FM422 Corporate Finance
  Current students click here for course information

Other webpages

• Professor Christopher Polk's Personal webpage