Sugato Chakravarty

Purdue University

Professor

Consumer Sciences

1262 Matthews Hall Rm 214F

West Lafayette, IN 47906

United States

http://web.ics.purdue.edu/~sugato

SCHOLARLY PAPERS

33

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CITATIONS
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148

Scholarly Papers (33)

1.

Liquidity in U.S. Fixed Income Markets: A Comparison of the Bid-Ask Spread in Corporate, Government and Municipal Bond Markets

FRB of New York Staff Report No. 73
Number of pages: 43 Posted: 04 Jun 1999
Sugato Chakravarty and Asani Sarkar
Purdue University and Federal Reserve Bank of New York
Downloads 1,516 (7,024)
Citation 32

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Information Asymmetry, Market Segmentation, and the Pricing of Cross-Listed Shares: Theory and Evidence from Chinese a and B Shares

Number of pages: 47 Posted: 31 Aug 1998
Sugato Chakravarty, Asani Sarkar and Lifan Wu
Purdue University, Federal Reserve Bank of New York and California State University, Los Angeles - Department of Finance and Law
Downloads 1,200 (13,295)
Citation 34

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Information Asymmetry, Market Segmentation, and the Pricing of Cross-Listed Shares: Theory and Evidence from Chinese a and B Shares

Journal of International Financial Markets
Posted: 01 Sep 1998
Sugato Chakravarty, Asani Sarkar and Lifan Wu
Purdue University, Federal Reserve Bank of New York and California State University, Los Angeles - Department of Finance and Law

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3.
Downloads 792 ( 25,342)
Citation 8

Relationships and Rationing in Consumer Loans

Purdue University Working Paper
Number of pages: 35 Posted: 24 Oct 1998
Sugato Chakravarty and James S. Scott
Purdue University and Purdue University
Downloads 792 (24,941)
Citation 8

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Relationships and Rationing in Consumer Loans

The Journal of Business, Vol. 72, No. 4, October 1999
Posted: 01 Nov 1999
Sugato Chakravarty and James S. Scott
Purdue University and Purdue University

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4.

Traders' Broker Choice, Market Liquidity and Market Structure

FRB of New York Staff Report No. 28
Number of pages: 43 Posted: 11 Nov 2006
Sugato Chakravarty and Asani Sarkar
Purdue University and Federal Reserve Bank of New York
Downloads 652 (33,107)

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5.

Factors Affecting an Individual's Bankruptcy Filing Decision

Number of pages: 30 Posted: 26 May 1999
Sugato Chakravarty and Eun-Young Rhee
Purdue University and Samsung Research Institute of Finance
Downloads 513 (34,847)
Citation 4

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6.

Clean Sweep: Informed Trading Through Intermarket Sweep Orders

Number of pages: 39 Posted: 25 Aug 2009 Last Revised: 03 Dec 2010
Sugato Chakravarty, Pankaj K. Jain, Robert Wood and James Upson
Purdue University, University of Memphis - Fogelman College of Business and Economics, University of Memphis - Fogelman College of Business and Economics and University of Texas at El Paso
Downloads 386 (51,309)
Citation 9

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Regulation NMS, Market Quality, Sweep Order, Flash orders

7.

Decimal Trading and Market Impact

Number of pages: 53 Posted: 26 Apr 2001
Sugato Chakravarty, Stephen P. Harris and Robert Wood
Purdue University, Bridge Information Systems and University of Memphis - Fogelman College of Business and Economics
Downloads 377 (60,427)
Citation 16

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Decimalization, bid/ask spread, trading, stock exchange

8.

Can Competition between Brokers Mitigate Agency Conflicts with Their Customers?

Number of pages: 39 Posted: 06 Feb 1997
Sugato Chakravarty and Asani Sarkar
Purdue University and Federal Reserve Bank of New York
Downloads 361 (68,090)

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9.

Informed Trading with Multiple Competitive Brokers

Number of pages: 50 Posted: 16 Oct 1996
Sugato Chakravarty and Asani Sarkar
Purdue University and Federal Reserve Bank of New York
Downloads 299 (83,233)

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10.

A General Analysis of Brokers' Trading, with Applications to Order Flow Internalization and Off-Exchange Block Sales

Number of pages: 32 Posted: 01 Jun 1998
Sugato Chakravarty and Asani Sarkar
Purdue University and Federal Reserve Bank of New York
Downloads 280 (90,795)
Citation 1

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11.

On the Informativeness of Credit Watch Placements

Number of pages: 33 Posted: 11 Sep 2008 Last Revised: 12 Nov 2013
Sugato Chakravarty, Chiraphol N. Chiyachantana and Yen Teik Lee
Purdue University, World Corporation Public Company Limited and Curtin University of Technology, Singapore
Downloads 234 (96,954)

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credit rating agency, credit watch, bond rating, abnormal returns, institutional trading

A Multistage Model of Loans and the Role of Relationships

Number of pages: 38 Posted: 23 Mar 2004
Sugato Chakravarty and Tansel Yilmazer
Purdue University and Ohio State University
Downloads 115 (209,004)
Citation 8

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Credit rationing, relationships, lender, borrower, adverse selection, sample selection

A Multistage Model of Loans and the Role of Relationships

Financial Management, Forthcoming
Number of pages: 55 Posted: 02 Sep 2008
Sugato Chakravarty and Tansel Yilmazer
Purdue University and Ohio State University
Downloads 72 (284,829)
Citation 8

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relationships, loan, small business, adverse selection, moral hazard, credit rationing

13.

An Analysis of Own Account Trading by Dual Traders in Futures Markets: A Bayesian Approach

University of British Columbia, Finance Working Paper No. 99-9, Sauder School of Business Working Paper
Number of pages: 48 Posted: 06 Mar 2000
Kai Li and Sugato Chakravarty
University of British Columbia (UBC) - Sauder School of Business and Purdue University
Downloads 163 (154,597)
Citation 11

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An Examination of Own Account Trading by Dual Traders in Futures Markets

Sauder School of Business Working Paper
Number of pages: 31 Posted: 20 Jul 2002
Kai Li and Sugato Chakravarty
University of British Columbia (UBC) - Sauder School of Business and Purdue University
Downloads 153 (166,125)
Citation 11

Abstract:

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dual trading, front running, informed trader, inventory, liquidity

An Examination of Own Account Trading by Dual Traders in Futures Markets

Forthcoming in Journal of Financial Economics
Posted: 06 Aug 2002
Kai Li and Sugato Chakravarty
University of British Columbia (UBC) - Sauder School of Business and Purdue University

Abstract:

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dual trading, front running, informed trader, inventory, liquidity

15.

Trading Aggressiveness and Market Breadth Around Earnings Announcements

Number of pages: 42 Posted: 21 Jan 2011 Last Revised: 10 Sep 2011
James Upson, Sugato Chakravarty, Pankaj K. Jain and Thomas H. McInish
University of Texas at El Paso, Purdue University, University of Memphis - Fogelman College of Business and Economics and University of Memphis - Fogelman College of Business and Economics
Downloads 135 (153,820)

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Regulation NMS, Market Quality, Sweep Order, Earnings Announcement, Liquidity

A Bayesian Analysis of Dual Trader Informativeness in Futures Markets

Sauder School of Business Working Paper
Number of pages: 26 Posted: 27 Aug 2002
Sugato Chakravarty and Kai Li
Purdue University and University of British Columbia (UBC) - Sauder School of Business
Downloads 123 (198,590)
Citation 4

Abstract:

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endogeneity, heterogeneity, informed trader, Markov chain Monte Carlo, private information, simultaneous equations

A Bayesian Analysis of Dual Trader Informativeness in Futures Markets

Forthcoming in Journal of Empirical Finance
Posted: 27 Aug 2002
Kai Li and Sugato Chakravarty
University of British Columbia (UBC) - Sauder School of Business and Purdue University

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endogeneity, heterogeneity, informed trader, Markov chain Monte Carlo, private information, simultaneous equations

17.

The Changing State of the Market: Common Factors and Impulse Responses for Cointegrated Spreads and Depths

Journal of Trading, Vol. 4, No. 1, pp. 68-94, Winter 2009
Number of pages: 50 Posted: 20 Mar 2006 Last Revised: 05 Apr 2009
Frederick H. deB. Harris, Sugato Chakravarty and Robert Wood
Wake Forest University, Purdue University and University of Memphis - Fogelman College of Business and Economics
Downloads 112 (201,606)

Abstract:

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Resiliency, depth, error correction, impulse response, common factor, refresh rate

18.

What Discourages Small Businesses from Asking for Loans? The International Evidence on Borrower Discouragement

Number of pages: 39 Posted: 16 Feb 2009
Sugato Chakravarty and Meifang Xiang
Purdue University and University of Wisconsin - Whitewater
Downloads 108 (191,870)
Citation 1

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discouraged firms, emerging market

19.

Do Busy Boards Add Value to Standalone Firms Relative to Business Groups? Evidence from India

Number of pages: 32 Posted: 13 Mar 2011
Sugato Chakravarty, Vijaya B. Marisetty and Madhu Veeraraghavan
Purdue University, RMIT University and T.A. PAI Management Institute, Finance Area
Downloads 84 (222,264)

Abstract:

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20.

Capacity Constraints and the Opening of New Hedge Funds

25th Australasian Finance and Banking Conference 2012
Number of pages: 59 Posted: 19 Aug 2012
Sugato Chakravarty and Saikat S. Deb
Purdue University and Deakin University - School of Accounting, Economics and Finance
Downloads 48 (315,597)

Abstract:

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Hedge Fund, Capacity Constraints, New Fund Opening

21.

An Analysis of Discouraged Small Businesses: An International Perspective

Number of pages: 45 Posted: 18 Mar 2008
Sugato Chakravarty and Meifang Xiang
Purdue University and Purdue University - Department of Consumer Sciences & Retailing
Downloads 47 (335,551)

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discouraged borrowers, relationships, international, world bank, competition, firm size, underdeveloped, emerging

22.

The Effect of Decimalization on Trade Size and Adverse Selection Costs

Journal of Business Finance & Accounting, Vol. 32, No. 5-6, pp. 1063-1081, June 2005
Number of pages: 14 Posted: 22 Sep 2005
Sugato Chakravarty, Bonnie F. Van Ness and Robert A. Van Ness
Purdue University, University of Mississippi - Department of Finance and University of Mississippi - Department of Finance
Downloads 30 (408,955)
Citation 9
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23.

The Role of Subsidization and Organizational Status on Borrower Repayment Rates in Microfinance Institutions

World Development, Vol. 66, February 2015
Number of pages: 39 Posted: 27 May 2015
Mariya I. Pylypiv and Sugato Chakravarty
affiliation not provided to SSRN and Purdue University
Downloads 20 (347,584)

Abstract:

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microfinance, donation, subsidy, borrower, repayment rate, MFI

24.

Capacity Constraints and New Hedge Fund Openings

Melbourne Business School, 2016 Financial Institutions, Regulation & Corporate Governance (FIRCG) Conference
Posted: 22 Feb 2016
Saikat S. Deb and Sugato Chakravarty
Deakin University - School of Accounting, Economics and Finance and Purdue University

Abstract:

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25.

Selection of Borrowing Partners in Joint Liability‐Based Microcredit: Evidence from Framed Field Experiments in Bangladesh

Entrepreneurship Theory and Practice, Vol. 39, Issue 1, pp. 129-144, 2015
Number of pages: 16 Posted: 06 Jan 2015
Abu Zafar M. Shahriar and Sugato Chakravarty
Monash University and Purdue University
Downloads 0 (576,309)
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26.

Reinvestment Decisions by Small Businesses in Emerging Economies

Posted: 16 Feb 2010
Sugato Chakravarty and Meifang Xiang
Purdue University and University of Wisconsin - Whitewater

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Reinvestment, investment, external financing, property rights, competition

27.

Decimals and Liquidity: A Study of the NYSE

Journal of Financial Research, Forthcoming
Posted: 22 Jul 2003
Sugato Chakravarty, Robert Wood and Robert A. Van Ness
Purdue University, University of Memphis - Fogelman College of Business and Economics and University of Mississippi - Department of Finance

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28.

Stealth Trading: Which Traders' Trades Move Stock Prices?

Journal of Financial Economics, Vol. 61, pp. 289-307, September 2001
Posted: 13 Nov 2001
Sugato Chakravarty
Purdue University

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29.

Does Insider Trading Really Move Stock Prices?

Journal of Financial and Quantitative Analysis
Posted: 26 Mar 1999
Sugato Chakravarty and John J. McConnell
Purdue University and Purdue University

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30.

Estimating the Adverse Selection and Fixed Costs of Trading in Markets with Multiple Informed Traders

Posted: 07 Jul 1998
Sugato Chakravarty, Asani Sarkar and Lifan Wu
Purdue University, Federal Reserve Bank of New York and California State University, Los Angeles - Department of Finance and Law

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31.

Estimating the Adverse Selection Cost in Markets with Multiple Informed Traders

Posted: 18 Sep 1997
Sugato Chakravarty, Asani Sarkar and Lifan Wu
Purdue University, Federal Reserve Bank of New York and California State University, Los Angeles - Department of Finance and Law

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32.

A Model of Brokers? Trading, with Applications to Order Flow Internalization, Insider Trading and Off-Exchange Stock Sales

Posted: 25 Jun 1997
Sugato Chakravarty and Asani Sarkar
Purdue University and Federal Reserve Bank of New York

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An Integrated Model of Market and Limit Orders

JOURNAL OF FINANCIAL INTERMEDIATION, Vol 4 No 3
Posted: 14 Jun 1995
Sugato Chakravarty and Craig W. Holden
Purdue University and Indiana University - Kelley School of Business - Department of Finance

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An Integrated Model of Market and Limit Orders

Posted: 12 Jan 1995
Sugato Chakravarty and Craig W. Holden
Purdue University and Indiana University - Kelley School of Business - Department of Finance

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