Dermot Murphy

University of Illinois at Chicago

Associate Professor of Finance

2114 University Hall (UH)

601 S. Morgan Street

Chicago, IL 60607-7124

United States

http://sites.google.com/site/murphyderm

SCHOLARLY PAPERS

10

DOWNLOADS
Rank 7,227

SSRN RANKINGS

Top 7,227

in Total Papers Downloads

7,053

SSRN CITATIONS
Rank 15,820

SSRN RANKINGS

Top 15,820

in Total Papers Citations

26

CROSSREF CITATIONS

39

Scholarly Papers (10)

1.

Financing Dies in Darkness? The Impact of Newspaper Closures on Public Finance

Journal of Financial Economics, (2020) vol. 135, no. 2, 445-467
Number of pages: 71 Posted: 15 May 2018 Last Revised: 12 Oct 2020
Pengjie Gao, Chang Lee and Dermot Murphy
University of Notre Dame - Mendoza College of Business, Korea Advanced Institute of Science and Technology (KAIST) - College of Business and University of Illinois at Chicago
Downloads 2,892 (4,537)
Citation 7

Abstract:

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media, monitoring, public financing, municipal bonds

2.

High Frequency Market Making to Large Institutional Trades

Review of Financial Studies, (2019) vol. 32, no. 3, 1034-1067
Number of pages: 52 Posted: 28 Feb 2015 Last Revised: 08 Feb 2019
Robert A. Korajczyk and Dermot Murphy
Northwestern University and University of Illinois at Chicago
Downloads 1,185 (19,148)
Citation 33

Abstract:

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High Frequency Trading, HFT, Institutional Trades, Implementation Shortfall, Market Making, Liquidity Provision

3.

The Impact of High-Frequency Trading on Stock Market Liquidity Measures

Number of pages: 38 Posted: 13 Jun 2013 Last Revised: 26 Oct 2015
Soohun Kim and Dermot Murphy
College of Business, Korea Advanced Institute of Science and Technology (KAIST) and University of Illinois at Chicago
Downloads 853 (30,884)
Citation 5

Abstract:

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microstructure, liquidity, high-frequency trading, HFT

4.

Political Uncertainty and Public Financing Costs: Evidence from U.S. Gubernatorial Elections and Municipal Bond Markets

Number of pages: 62 Posted: 26 Jan 2012 Last Revised: 11 Feb 2019
Pengjie Gao, Dermot Murphy and Yaxuan Qi
University of Notre Dame - Mendoza College of Business, University of Illinois at Chicago and City University of Hong Kong (CityUHK) - Department of Economics & Finance
Downloads 797 (33,929)
Citation 20

Abstract:

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Political Uncertainty, Elections, Public Financing Costs, Municipal Bonds

5.

Vestigial Tails? Floor Brokers at the Close in Modern Electronic Markets

Number of pages: 67 Posted: 28 May 2020 Last Revised: 02 Oct 2020
Edwin Hu and Dermot Murphy
New York University School of Law and University of Illinois at Chicago
Downloads 398 (82,440)
Citation 1

Abstract:

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closing auctions, floor brokers, auction efficiency, D-Orders, COVID-19

6.

Municipal Borrowing Costs and State Policies for Distressed Municipalities

Journal of Financial Economics, (2019) vol. 132, no. 2, 404-426
Number of pages: 59 Posted: 30 Sep 2016 Last Revised: 02 Feb 2020
Pengjie Gao, Chang Lee and Dermot Murphy
University of Notre Dame - Mendoza College of Business, Korea Advanced Institute of Science and Technology (KAIST) - College of Business and University of Illinois at Chicago
Downloads 338 (99,175)
Citation 5

Abstract:

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Default Risk, Municipal Bonds, Government Policy, Risk Sharing

7.

Short-Term Return Predictability and Repetitive Institutional Net Order Activity

Journal of Financial Research, (2017) vol. 40, no. 4, 455-477
Number of pages: 37 Posted: 14 May 2013 Last Revised: 08 Feb 2019
Dermot Murphy and Ramabhadran S. Thirumalai
University of Illinois at Chicago and Indian School of Business
Downloads 213 (161,864)

Abstract:

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momentum, return predictability, institutional traders

8.

Retail Clientele and Dividend Policy

Indian School of Business
Number of pages: 32 Posted: 21 Feb 2014 Last Revised: 28 Apr 2020
Dermot Murphy and Ramabhadran S. Thirumalai
University of Illinois at Chicago and Indian School of Business
Downloads 206 (165,323)

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dividend policy, retail clientele, trader behavior, stock splits

9.

Do High-Frequency Traders Improve your Implementation Shortfall?

Journal of Investment Management, 18 (First Quarter 2020): 18-33.
Number of pages: 29 Posted: 16 Apr 2019 Last Revised: 25 Feb 2020
Robert A. Korajczyk and Dermot Murphy
Northwestern University and University of Illinois at Chicago
Downloads 102 (290,252)

Abstract:

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high-frequency trading, institutional orders, implementation shortfall, transaction costs, transaction tax

10.

Good for your Fiscal Health? The Effect of the Affordable Care Act on Healthcare Borrowing Costs

Number of pages: 48 Posted: 30 Sep 2019 Last Revised: 19 Aug 2020
Pengjie Gao, Chang Lee and Dermot Murphy
University of Notre Dame - Mendoza College of Business, Korea Advanced Institute of Science and Technology (KAIST) - College of Business and University of Illinois at Chicago
Downloads 69 (367,388)

Abstract:

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public finance, health economics, municipal bonds, Affordable Care Act, Medicaid