Finance Guest Lecture: Professor Nicolas Bollen of Vanderbilt University
This week's Finance Seminar Series will feature Nicolas Bollen, Associate Professor in Finance at the Owen Graduate School of Management at Vanderbilt University. All are invited to attend.
Professor Bollen achieved prominence in the investor community through his groundbreaking analysis of the impact of decimal pricing on mutual fund trading costs.
In collaboration with co-author Jeffrey Busse of Emory University, he found that actively managed mutual funds incurred greater transaction costs following decimalization, whereas index funds were unaffected. Professor Bollen's research on tick size and mutual fund performance was cited in The New York Times in an article on decimalization by columnist Floyd Norris. His study has recently been accepted for publication by the Journal of Financial and Quantitative Analysis.
Professor Bollen has analyzed several other aspects of financial markets, including the valuation of derivative securities and empirical market microstructure. His current research includes: (1) a study of the behavior of investors in socially responsible mutual funds; and (2) a study of the microstructure of the Pink Sheets market for low-priced stocks.
Click here to visit Professor Bollen's faculty profile page.
