More information on 2013 Job Candidates coming soon. Click here for previous PhD job placements.
|Student||Dissertation Area||Research Interest|
|Jivas Chakravarthy||Accounting||Jivas focuses his research on empirically studying regulatory institutions, including the following topics: the political economy of accounting standard-setting; accounting choice by firms in the presence of regulators and politicians; and the use of accounting information by regulators and politicians. In his dissertation, "The Ideological Homogenization of the FASB," he presents evidence that the Financial Accounting Standards Board (FASB) has become ideologically homogenous around the asset-and-liability view of accounting, as well as evidence that makes it appear "as if" the Financial Accounting Foundation (FAF) has strategically selected FASB members whose views are in-line with the asset-and-liability view.
In other research projects, he explores the use of accounting information by state utility regulators (as well as factors that influence their use of accounting, such as firm size and regulator experience), and studies how firms repair their reputations after an accounting restatement (i.e. how firms respond to damage caused by their failure to comply with regulatory guidelines).
|Mark Rachwalski||Finance||Mark’s research is focused on risk and return in the financial markets. His dissertation includes a chapter on stock index return predictability, where he develops a predictive variable of stock returns that is useful in real-time (the predictive variable compares aggregate stock wealth and aggregate consumption). Mark’s dissertation also includes a chapter that uses consumption growth to identify corporate bond risk as an important risk, and then shows that corporate bond beta is priced in the cross-section of stocks. Mark has also written about investor under-reaction to risk innovations in the context of estimating the price of idiosyncratic risk and distress risk, and understanding the source of momentum returns.|
My research interest lies in two substantive areas of (1) counter-marketing and (2) branding. I am an empirical modeler, and my approach to research is problem rather than methodology driven. As such, I study research problems using a variety of techniques including optimization techniques such as dynamic programming, state space models, maximum likelihood methods, and Bayesian statistics. I also use a variety of data sources ranging from publicly available data to data sourced through research partnerships with firms.
Counter-marketing, such as excise taxes, educational advertising, and distribution restrictions, has been used to reduce the consumption of vice goods such as cigarettes and alcohol. While a substantial body of economic and public health research has documented the impact of various counter-marketing techniques at the category level, the role of marketing tactics such as branding or adaptive types of consumer behavior is seldom considered. My dissertation explores these important questions with three essays in the empirical context of the tobacco and food industry.