Jesse A. Blocher
Assistant Professor of Finance
Professor Jesse Blocher's research addresses the behavior and impact (intended or unintended) of institutional investors. Institutional investors include hedge funds, mutual funds, exchange-traded funds, commodity trading advisors, high-frequency traders, and short sellers. His research revolves around the following paradox: these sophisticated market participants now account for the vast majority of financial market activity, yet we do not see a reduction in anomalies, inefficiencies, or irrationalities. Why?
He joined the Finance group at Owen in 2012 after completing his Ph.D. at The University of North Carolina's Kenan-Flagler Business School. He has won several awards, such as the Financial Research Association's Michael J. Barclay Award for best solo-authored paper by a young scholar, and the Shmuel Kandel Award for an outstanding doctoral student in Financial Economics at the Utah Winter Finance Conference. His papers have been published in the Journal of Financial Economics and the Journal of Financial Markets, and been in conferences such as the American Finance Association, the Western Finance Association, the Northern Finance Association, the Financial Intermediation Research Society, and other smaller, niche conferences.
B.S., Chemical Engineering, Virginia Tech, 1997
M.S., Chemical Engineering Practice, Massachusetts Institute of Technology, 1998
Ph.D., Finance, University of North Carolina — Kenan-Flagler Business School, 2012
Asset pricing, market intermediaries
Area(s) of Expertise:
Hedge and mutual funds, market structure and inter-connectedness, liquidity, securities lending, financial networks, collateralized investments, exchange-traded funds, market complexity