Christopher M. Hrdlicka

University of Washington - Michael G. Foster School of Business

Assistant Professor of Finance and Business Economics

Box 353200

Seattle, WA 98195

United States

SCHOLARLY PAPERS

13

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9,381

SSRN CITATIONS
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Top 10,695

in Total Papers Citations

137

CROSSREF CITATIONS

14

Scholarly Papers (13)

1.

Precautionary Savings with Risky Assets: When Cash Is Not Cash

Journal of Finance, Forthcoming
Number of pages: 89 Posted: 03 Nov 2013 Last Revised: 28 May 2016
Ran Duchin, Thomas Gilbert, Jarrad Harford and Christopher M. Hrdlicka
Boston College - Carroll School of Management, University of Washington - Department of Finance and Business Economics, University of Washington and University of Washington - Michael G. Foster School of Business
Downloads 1,607 (21,498)
Citation 21

Abstract:

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Cash, Precautionary Savings, Investment Securities, Risk, Liquidity, SFAS 157, Fair Value, Taxes

2.

Why are University Endowments Large and Risky?

Review of Financial Studies, Forthcoming
Number of pages: 57 Posted: 19 Mar 2011 Last Revised: 27 Jun 2015
Thomas Gilbert and Christopher M. Hrdlicka
University of Washington - Department of Finance and Business Economics and University of Washington - Michael G. Foster School of Business
Downloads 1,380 (27,044)
Citation 15

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University endowments, portfolio choice, investment policy, governance, agency, UPMIFA

3.

More factors matter and factors matter more than you might think: The role of time variation in factor premia

Number of pages: 75 Posted: 21 Jan 2022 Last Revised: 27 Mar 2024
Hendrik Bessembinder, Aaron Burt and Christopher M. Hrdlicka
W.P. Carey School of Business, University of Oklahoma - Division of Finance and University of Washington - Michael G. Foster School of Business
Downloads 1,174 (34,263)
Citation 2

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Asset Pricing, Factors, Complexity, Time series variation, Diversity

4.

Daily Data is Bad for Beta: Opacity and Frequency-Dependent Betas

Review of Asset Pricing Studies, Forthcoming
Number of pages: 55 Posted: 18 Mar 2012 Last Revised: 21 Dec 2013
Thomas Gilbert, Christopher M. Hrdlicka, Jonathan Kalodimos and Stephan Siegel
University of Washington - Department of Finance and Business Economics, University of Washington - Michael G. Foster School of Business, Oregon State University - College of Business and University of Washington - Michael G. Foster School of Business
Downloads 1,079 (38,656)
Citation 7

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Asset pricing models, systematic risk, factor structure, return frequency, information, price discovery, beta measurement

5.

Where Does the Predictability from Sorting on Returns of Economically Linked Firms Come From?

Forthcoming, Journal of Financial and Quantitative Analysis
Number of pages: 39 Posted: 12 Apr 2014 Last Revised: 26 Feb 2020
Aaron Burt and Christopher M. Hrdlicka
University of Oklahoma - Division of Finance and University of Washington - Michael G. Foster School of Business
Downloads 951 (46,188)
Citation 15

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model missspecification, price discovery, economic links, return predictability, information diffusion, market efficiency, investor inattention, limits to arbitrage, lead-lag effect, networks

6.

How Much Do Directors Influence Firm Value?

Forthcoming in: Review of Financial Studies
Number of pages: 43 Posted: 05 Jun 2015 Last Revised: 11 Jan 2019
Aaron Burt, Christopher M. Hrdlicka and Jarrad Harford
University of Oklahoma - Division of Finance, University of Washington - Michael G. Foster School of Business and University of Washington
Downloads 780 (60,560)
Citation 18

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director influence, connected boards, price discovery, economic links, return predictability, information diffusion, market efficiency, investor inattention, limits to arbitrage, lead-lag effect, networks, boards of directors

7.

More Than 100% of the Equity Premium: How Much Is Really Earned on Macroeconomic Announcement Days?

Number of pages: 52 Posted: 28 Oct 2019
Rory Ernst, Thomas Gilbert and Christopher M. Hrdlicka
University of Washington - Michael G. Foster School of Business, University of Washington - Department of Finance and Business Economics and University of Washington - Michael G. Foster School of Business
Downloads 736 (65,465)
Citation 5

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macroeconomic announcements, equity premium, FOMC, information, news

8.

Trading Volume and Time Varying Betas

Review of Finance
Number of pages: 133 Posted: 31 Jul 2013 Last Revised: 09 Jul 2020
Christopher M. Hrdlicka
University of Washington - Michael G. Foster School of Business
Downloads 490 (109,019)
Citation 3

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Trade, Trading Volume, Turnover, Time Varying Betas, Conditional Betas, Return Predictability, Dividend Predictability

9.

The Structure of Information Release and the Factor Structure of Returns

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 74 Posted: 12 May 2016 Last Revised: 14 Feb 2017
Thomas Gilbert, Christopher M. Hrdlicka and Avraham Kamara
University of Washington - Department of Finance and Business Economics, University of Washington - Michael G. Foster School of Business and University of Washington - Michael G. Foster School of Business
Downloads 433 (126,221)
Citation 1

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Earnings Announcements, CAPM, Factor Models, SMB, HML

10.

Factor Returns and Out-of-Sample Alphas: Factor Construction Matters

Number of pages: 35 Posted: 22 Nov 2022
Hendrik Bessembinder, Aaron Burt and Christopher M. Hrdlicka
W.P. Carey School of Business, University of Oklahoma - Division of Finance and University of Washington - Michael G. Foster School of Business
Downloads 372 (149,990)

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Asset Pricing, Factors, Data Mining, Replication, Sharpe Ratios, Anomalies

11.

Leaders' Preferences for Fairness and Risk-Sharing Across Generations

Number of pages: 60 Posted: 02 Jun 2012 Last Revised: 23 Jun 2019
Thomas Gilbert and Christopher M. Hrdlicka
University of Washington - Department of Finance and Business Economics and University of Washington - Michael G. Foster School of Business
Downloads 161 (339,849)

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Fairness, intergenerational equity, risk-sharing, portfolio choice, endowments, public pension plans, global warming

12.

Finding the Disappearing Dividends: Stock Repurchaser Characteristics and Their Increasing Propensity to Pay

Number of pages: 31 Posted: 21 Mar 2011
Christopher M. Hrdlicka
University of Washington - Michael G. Foster School of Business
Downloads 159 (343,381)

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13.

Untying the Knot: Disentangling Cash Flow and Voting Rights for Better Price Informativeness

Number of pages: 37 Posted: 30 Nov 2023 Last Revised: 01 Feb 2024
Aaron Burt, Ran Duchin and Christopher M. Hrdlicka
University of Oklahoma - Division of Finance, Boston College - Carroll School of Management and University of Washington - Michael G. Foster School of Business
Downloads 59 (661,573)

Abstract:

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price informativeness, voting premium, control rights, ownership structure