Polk, Christopher


Professor Christopher Polk  

Department

Position held

Department of Finance

Professor of Finance

Experience keywords:

macroeconomics; hedge funds; corporate finance; asset pricing; behavioural finance

Research summary > [Click to expand]

Christopher Polk is well published in asset pricing and corporate finance. His work has studied the relative efficiency of conglomerated versus focused firms, the relation between the macroeconomy and the stock returns of financially constrained firms, and the macroeconomic determinants of the cross-section of average stock returns. His current research studies the effect of stock price movements on the business investment policies of firms.

Media experience:

RadioTV

Contact Points

LSE phone number:

+44 (0)20 7955 7314

Publications

The following references are sourced from LSE Research Online|. References that are linked lead to the full text.

2013

Campbell, John Y. and Giglio, Stefano and Polk, Christopher (2013) Hard times. The review of asset pricing studies, 3 (1). pp. 95-132. ISSN 2045-9920

2012

Campbell, John Y. and Giglio, Stefano and Polk, Christopher (2012) An intertemporal CAPM with stochastic volatility. National Bureau of Economic Research

2011

Campbell, John Y. and Giglio, Stefano and Polk, Christopher (2011) Hard times. AFA 2012 Chicago Meetings Paper . SSRN

Kang, Johnny and Pekkala, Tapio and Polk, Christopher and Ribeiro, Ruy (2011) Stock prices under pressure: how tax and interest rates drive returns at the turn of the tax year. FMG discussion paper, 671. Financial Markets Group, London School of Economics and Political Science, London, UK

2010

Anton, Miguel and Polk, Christopher (2010) Connected stocks. FMG discussion papers, 651. Financial Markets Group, London School of Economics and Political Science, London, UK

Cvijanovic, Dragana and Favilukis, Jack and Polk, Christopher (2010) New in town: demographics, immigration, and the price of real estate. Department of Finance, The London School of Economics and Political Science, London, UK

Campbell, John Y. and Polk, Christopher and Vuolteenaho, Tuomo (2010) Growth or glamour?: fundamentals and systematic risk in stock returns. Review of financial studies, 23 (1). pp. 305-344. ISSN 0893-9454

2009

Cohen, Randolph B. and Polk, Christopher and Vuolteenaho, Tuomo (2009) The price is (almost) right. Journal of finance, 64 (6). pp. 2739-2782. ISSN 1540-6261

Polk, Christopher and Sapienza, Paola (2009) The stock market and corporate investment: a test of catering theory. Review of financial studies, 22 (1). pp. 187-217. ISSN 0893-9454

2008

Silli, Bernhard and Cohen, Randolph B and Polk, Christopher (2008) Best ideas. FMG discussion papers, 624. Financial Markets Group, London School of Economics and Political Science, London, UK

2006

Polk, Christopher and Thompson, Samuel and Vuolteenaho, T (2006) Cross-sectional forecasts of the equity premium. Journal of financial economics, 81 (1). pp. 101-141. ISSN 0304-405X

2005

Cohen, Randolph B and Polk, Christopher and Vuolteenaho, Tuomo (2005) Money illusion in the stock market: The Modigliani-Cohn hypothesis. Quarterly journal of economics, 120 (2). pp. 639-668. ISSN 0033-5533

2003

Cohen, Randolph B. and Polk, Christopher and Vuolteenaho, Tuomo (2003) The value spread. Journal of finance, 58 (2). pp. 609-642. ISSN 0022-1082

2002

Lamont, Owen A. and Polk, Christopher (2002) Does diversification destroy value? Evidence from the industry shocks. Journal of financial economics, 63 (1). pp. 51-77. ISSN 0304-405X

2001

Lamont, Owen A. and Polk, Christopher (2001) The diversification discount. The journal of finance, 56 (5). pp. 1693-1721. ISSN 0022-1082

Lamont, Owen A. and Polk, Christopher and Saá-Requejo, Jesús (2001) Financial constraints and stock returns. Review of financial studies, 14 (2). pp. 529-554. ISSN 0893-9454

LSE Research Online is the primary resource for references to publications. For queries or updates please email the LSE Research Online team at lseresearchonline@lse.ac.uk|.

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