Vincent Glode

University of Pennsylvania - The Wharton School

Pasi M. Hamalainen Associate Professor of Finance

3641 Locust Walk

Philadelphia, PA 19104-6365

United States

http://www.vincentglode.com

SCHOLARLY PAPERS

19

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8,575

SSRN CITATIONS
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Top 5,342

in Total Papers Citations

132

CROSSREF CITATIONS

117

Scholarly Papers (19)

1.

Why Mutual Funds 'Underperform'

Journal of Financial Economics, 2011
Number of pages: 41 Posted: 18 Apr 2008 Last Revised: 07 Dec 2011
Vincent Glode
University of Pennsylvania - The Wharton School
Downloads 1,581 (16,407)
Citation 57

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Mutual Fund, Performance, Pricing Kernel, Business Cycle

2.
Downloads 1,058 ( 29,767)
Citation 12

Time-Varying Predictability in Mutual Fund Returns

Number of pages: 43 Posted: 21 Mar 2009 Last Revised: 14 Jan 2012
University of Pennsylvania - The Wharton School, Carnegie Mellon University - David A. Tepper School of Business, Imperial College London - Accounting, Finance, and Macroeconomics and Reichman University - Arison School of Business
Downloads 999 (31,810)
Citation 15

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Mutual Funds, Flows, Investor Rationality, Market Conditions

Is Investor Rationality Time Varying? Evidence from the Mutual Fund Industry

NBER Working Paper No. w15038
Number of pages: 52 Posted: 08 Jun 2009 Last Revised: 05 Aug 2022
University of Pennsylvania - The Wharton School, Carnegie Mellon University - David A. Tepper School of Business, Imperial College London - Accounting, Finance, and Macroeconomics and Reichman University - Arison School of Business
Downloads 59 (495,454)
Citation 1

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3.

Asymmetric Information and Intermediation Chains

American Economic Review, Forthcoming
Number of pages: 37 Posted: 14 Mar 2013 Last Revised: 25 Mar 2016
Vincent Glode and Christian C. Opp
University of Pennsylvania - The Wharton School and University of Rochester - Simon Business School
Downloads 996 (32,398)
Citation 22

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Intermediation Chains, Asymmetric Information, OTC Trading Networks, Monopoly Power, Double Marginalization

4.

Financial Expertise as an Arms Race

Journal of Finance, 2012
Number of pages: 50 Posted: 30 Aug 2009 Last Revised: 15 Mar 2013
Vincent Glode, Richard C. Green and Richard Lowery
University of Pennsylvania - The Wharton School, Carnegie Mellon University - David A. Tepper School of Business and University of Texas-Austin
Downloads 636 (59,386)
Citation 4

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5.

Over-the-Counter vs. Limit-Order Markets: The Role of Traders' Expertise

Number of pages: 64 Posted: 03 Dec 2015 Last Revised: 09 Nov 2018
Vincent Glode and Christian C. Opp
University of Pennsylvania - The Wharton School and University of Rochester - Simon Business School
Downloads 605 (63,300)
Citation 10

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Asymmetric Information, OTC Trading, Centralized Markets, Rent-seeking, Market Power

6.

Compensating Financial Experts

Journal of Finance, Forthcoming, Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 36 Posted: 29 Nov 2011 Last Revised: 11 Aug 2020
Vincent Glode and Richard Lowery
University of Pennsylvania - The Wharton School and University of Texas-Austin
Downloads 532 (74,470)
Citation 12

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Traders, Bankers, Compensation, Labor Market, Externalities, Rent-Seeking Activities

7.

Thoughts on the Divide Between Theoretical and Empirical Research in Accounting

Journal of Financial Reporting, Forthcoming
Number of pages: 30 Posted: 20 Sep 2016 Last Revised: 29 Sep 2016
Duke University - Fuqua School of Business, Tuck School of Business at Dartmouth College, University of Pennsylvania - The Wharton School and The Wharton School, University of Pennsylvania
Downloads 531 (74,618)

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8.

Information Spillovers and Performance Persistence for Hedge Funds

Published in the Journal of Financial Economics (JFE)
Number of pages: 51 Posted: 29 Aug 2008 Last Revised: 07 Dec 2011
Vincent Glode and Richard C. Green
University of Pennsylvania - The Wharton School and Carnegie Mellon University - David A. Tepper School of Business
Downloads 466 (87,464)
Citation 7

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Hedge Funds, Performance, Information Spillover

9.

The Labor Market for Bankers and Regulators

Review of Financial Studies, Forthcoming
Number of pages: 57 Posted: 21 Nov 2010 Last Revised: 13 Nov 2013
Philip Bond and Vincent Glode
University of Washington - Michael G. Foster School of Business and University of Pennsylvania - The Wharton School
Downloads 441 (93,206)
Citation 14

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Financial regulation, banking, fraud, intrinsic benefit, career choice

10.

Voluntary Disclosure in Bilateral Transactions

Journal of Economic Theory, Forthcoming
Number of pages: 56 Posted: 16 Nov 2016 Last Revised: 12 Feb 2018
Vincent Glode, Christian C. Opp and Xingtan Zhang
University of Pennsylvania - The Wharton School, University of Rochester - Simon Business School and University of Colorado at Boulder - Department of Finance
Downloads 422 (98,133)
Citation 8

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Information Design, Disclosure, Market Power, Persuasion

Private Renegotiations and Government Interventions in Debt Chains

Number of pages: 54 Posted: 12 Aug 2020 Last Revised: 15 Oct 2021
Vincent Glode and Christian C. Opp
University of Pennsylvania - The Wharton School and University of Rochester - Simon Business School
Downloads 293 (145,689)

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Debt Renegotiation, Credit, Bargaining Power, Default Waves

Renegotiation in Debt Chains

NBER Working Paper No. w27883
Number of pages: 43 Posted: 07 Oct 2020 Last Revised: 10 Mar 2022
Vincent Glode and Christian Opp
University of Pennsylvania - The Wharton School and University of Rochester
Downloads 18 (743,722)
Citation 1

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12.

Bargaining with Asymmetric Costs for Information

Number of pages: 32 Posted: 08 Jul 2011
Vincent Glode and Richard Lowery
University of Pennsylvania - The Wharton School and University of Texas-Austin
Downloads 295 (145,357)

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Bargaining, Information Acquisition, Adverse Selection

13.

Technological Progress and Rent Seeking

Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 37 Posted: 27 Feb 2021 Last Revised: 14 Jun 2022
Vincent Glode and Guillermo OrdoƱez
University of Pennsylvania - The Wharton School and University of Pennsylvania - Department of Economics
Downloads 214 (200,845)

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Resource Allocation, Surplus Appropriation, Misallocation, Economic Growth, Imitation, Speculation.

14.

On the Efficiency of Long Intermediation Chains

Journal of Financial Intermediation, Forthcoming
Number of pages: 30 Posted: 30 May 2016 Last Revised: 17 Oct 2017
Vincent Glode, Christian C. Opp and Xingtan Zhang
University of Pennsylvania - The Wharton School, University of Rochester - Simon Business School and University of Colorado at Boulder - Department of Finance
Downloads 208 (204,518)
Citation 2

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Intermediation Chains, Asymmetric Information, OTC Trading Networks, Monopoly Power, Double Marginalization

15.
Downloads 131 (300,656)
Citation 1

To Pool or Not to Pool? Security Design in OTC Markets

Journal of Financial Economics (JFE), Forthcoming, Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 36 Posted: 21 Nov 2016 Last Revised: 26 Jun 2022
Vincent Glode, Christian C. Opp and Ruslan Sverchkov
University of Pennsylvania - The Wharton School, University of Rochester - Simon Business School and University of Warwick - Warwick Business School
Downloads 128 (307,283)
Citation 1

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Pooling; Adverse selection; Imperfect competition; Decentralized markets

To Pool or Not to Pool? Security Design in OTC Markets

NBER Working Paper No. w27361
Number of pages: 41 Posted: 15 Jun 2020 Last Revised: 06 Apr 2022
Vincent Glode, Christian Opp and Ruslan Sverchkov
University of Pennsylvania - The Wharton School, University of Rochester and University of Warwick - Warwick Business School
Downloads 3 (902,398)

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16.

Arms Sales in Financial Markets

Number of pages: 45 Posted: 30 Jun 2022 Last Revised: 03 Aug 2022
Vincent Glode and Xingtan Zhang
University of Pennsylvania - The Wharton School and University of Colorado at Boulder - Department of Finance
Downloads 57 (495,891)

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Market participation, informational advantage, data sales, collocation, rigged markets, externalities

17.

Can Decentralized Markets Be More Efficient?

Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 53 Posted: 11 Oct 2016
Vincent Glode and Christian C. Opp
University of Pennsylvania - The Wharton School and University of Rochester - Simon Business School
Downloads 39 (578,898)
Citation 1

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18.

Adverse Selection and Intermediation Chains

Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 44 Posted: 06 May 2014
Vincent Glode and Christian C. Opp
University of Pennsylvania - The Wharton School and University of Rochester - Simon Business School
Downloads 28 (644,163)
Citation 4

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Intermediation Chains, Asymmetric Information, OTC Trading Networks, Order-Flow Agreements, Information Percolation

19.

Trading with Expert Dealers

Number of pages: 44 Posted: 29 Jul 2022 Last Revised: 30 Jul 2022
Maria Chaderina and Vincent Glode
University of Oregon - Lundquist College of Business and University of Pennsylvania - The Wharton School
Downloads 24 (672,635)

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OTC networks, financial intermediation, dealers, trading skills.