David C. Brown

University of Arizona - Department of Finance

Assistant Professor of Finance

McClelland Hall

P.O. Box 210108

Tucson, AZ 85721-0108

United States

http://www.davidclaytonbrown.com

  • University of Arizona - Department of Finance

    • Email
    • Tel: 520-626-0746
SCHOLARLY PAPERS

12

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11,890

TOTAL CITATIONS
Rank 14,150

SSRN RANKINGS

Top 14,150

in Total Papers Citations

98

Scholarly Papers (12)

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1.

ETF Arbitrage, Non-Fundamental Demand, and Return Predictability

Number of pages: 56 Posted: 21 Nov 2016 Last Revised: 17 Apr 2020
David C. Brown, Shaun Davies and Matthew C. Ringgenberg
University of Arizona - Department of Finance, University of Colorado at Boulder - Leeds School of Business and University of Utah - Department of Finance
Downloads 3,013 (8,573)
Citation 50

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Exchange Traded Funds (ETFs), ETF Flows, Non-Fundamental Demand, Return Predictability

2.

Tax Uncertainty and Retirement Savings Diversification

Number of pages: 51 Posted: 23 Jun 2016 Last Revised: 19 Nov 2016
David C. Brown, Scott Cederburg and Michael S. O'Doherty
University of Arizona - Department of Finance, University of Arizona - Department of Finance and University of Missouri at Columbia - Department of Finance
Downloads 2,741 (9,920)
Citation 4

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Tax Uncertainty, Asset Location, Retirement Savings, IRA, Roth

3.

Off Target: On the Underperformance of Target-Date Funds *

Number of pages: 72 Posted: 23 Nov 2020 Last Revised: 29 Jul 2024
David C. Brown and Shaun Davies
University of Arizona - Department of Finance and University of Colorado at Boulder - Leeds School of Business
Downloads 1,742 (20,427)

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Target-Date Funds, TDFs, Exchange-Traded Funds, ETFs, Financial Planning, Benchmarking JEL Classification: G10, G11, G23, G50, G51, G53

4.

Dark Pool Exclusivity Matters

Number of pages: 48 Posted: 11 May 2012 Last Revised: 19 Dec 2013
Leslie Boni, David C. Brown and J. Chris Leach
California State University, Monterey Bay, University of Arizona - Department of Finance and University of Colorado at Boulder - Department of Finance
Downloads 1,126 (38,910)
Citation 13

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Dark pools, exclusivity, market microstructure, institutional trading, block trades

5.

Financing Efficiency of Securities-Based Crowdfunding

Number of pages: 106 Posted: 20 Nov 2015 Last Revised: 20 Aug 2019
David C. Brown and Shaun Davies
University of Arizona - Department of Finance and University of Colorado at Boulder - Leeds School of Business
Downloads 934 (50,748)
Citation 11

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Crowdfunding, Loser's Blessing, Venture Finance, FinTech

6.

Dominated ETFs *

forthcoming at Critical Finance Review
Number of pages: 68 Posted: 06 Nov 2020 Last Revised: 06 Aug 2024
David C. Brown, Scott Cederburg and Mitch Towner
University of Arizona - Department of Finance, University of Arizona - Department of Finance and University of Arizona - Department of Finance
Downloads 650 (81,959)
Citation 1

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Exchange Traded Funds (ETFs), Dominated Products, Incentive Alignment JEL Classification Numbers: D53, G11, G12, G23

7.

Moral Hazard in Active Asset Management

Paris December 2015 Finance Meeting EUROFIDAI - AFFI
Number of pages: 39 Posted: 30 Aug 2014 Last Revised: 19 Nov 2016
David C. Brown and Shaun Davies
University of Arizona - Department of Finance and University of Colorado at Boulder - Leeds School of Business
Downloads 540 (103,585)
Citation 10

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Active Management, Closet Indexing, Mutual Funds, Performance Fees, Index Funds, ETFs, Moral Hazard

8.

Key Investors in IPOs

Paris December 2015 Finance Meeting EUROFIDAI - AFFI
Number of pages: 46 Posted: 09 Sep 2015 Last Revised: 04 Feb 2016
David C. Brown and Sergey Kovbasyuk
University of Arizona - Department of Finance and New Economic School, Moscow
Downloads 430 (136,162)
Citation 5

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IPO Underpricing, Institutional Investors, Underwriters

9.

Investing in Security Price Informativeness: The Role of IPO Underpricing

Number of pages: 60 Posted: 02 Nov 2013 Last Revised: 04 Feb 2016
David C. Brown
University of Arizona - Department of Finance
Downloads 394 (150,645)
Citation 3

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IPO Underpricing, Information Production, Growth Options, Price Feedback, Institutional Investors, Underwriters

10.

An Overview of Technologically Enabled Finance

Forthcoming in The Palgrave Handbook of Technological Finance, Edited by Raghavendra Rau, Robert Wardrop & Luigi Zingales
Number of pages: 40 Posted: 05 Mar 2021
David C. Brown and Mingfeng Lin
University of Arizona - Department of Finance and Georgia Institute of Technology - Scheller College of Business
Downloads 123 (452,552)

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FinTech, Peer-to-Peer Lending, Crowdfunding, Cryptocurrency, Robo-Advising

11.

On the Origin of IPO Profits

Proceedings of Paris December 2021 Finance Meeting EUROFIDAI - ESSEC, Université Paris-Dauphine Research Paper No. 3947927
Number of pages: 61 Posted: 26 Oct 2021 Last Revised: 22 Feb 2022
David C. Brown, Sergey Kovbasyuk and Tamara Nefedova
University of Arizona - Department of Finance, New Economic School, Moscow and Université Paris Dauphine - PSL
Downloads 118 (467,048)

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IPOs, Allocations, Institutional Investors, Underwriters, Money Left on the Table

12.

Simple Intuition Gone Awry: Combining Real and Financial Options in Tax Elections

Number of pages: 47 Posted: 20 Mar 2012 Last Revised: 19 Dec 2013
David C. Brown and J. Chris Leach
University of Arizona - Department of Finance and University of Colorado at Boulder - Department of Finance
Downloads 79 (613,679)
Citation 1

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Options, Real Options, Tax, Stochastic Control, Roth IRA