Harjoat S. Bhamra

Assistant Professor

Sauder School of Business at the University of British Columbia

2053 Main Mall

Vancouver

BC

Canada

V6T 1Z2

 

+1 604 822 3314

harjoat (dot) bhamra (at) sauder (dot) ubc (dot) ca

 

My CV is available here in .pdf form.

 

Research interests

Interaction between Corporate Financing Decisions and Asset Prices

Credit Risk

Asset Pricing with Heterogeneous Agents

Risk Sharing, Incomplete Markets and Asset Prices

International Finance 

 

Published and accepted papers

1.     Monetary Policy and Corporate Default (with Adlai J. Fisher and Lars Kuehn), accepted at the Journal of Monetary Economics

2.     The Aggregate Dynamics of Capital Structure and Macroeconomic Risk (with Lars Kuehn and Ilya Strebulaev), Review of Financial Studies, 2011

3.     Long-Run Risks, Credit Markets, and Financial Structure (with Lars Kuehn and Ilya Strebulaev), American Economic Review, Papers and Proceedings, 2010

4.     The Levered Equity Risk Premium and Credit Spreads: A Unified Framework (with Lars Kuehn and Ilya Strebulaev), Review of Financial Studies, 2010

5.     The Effect of Introducing a Non-Redundant Derivative On the Volatility of Stock-Market Returns When Agents Differ in Risk Aversion (with R Uppal), Review of Financial Studies, 2009

6.     The Role of Risk Aversion and  Intertemporal Substitution in Dynamic Consumption-Portfolio Choice with Recursive Utility (with R Uppal), Journal of Economic Dynamics and Control, 2006

7.     Imitation in Financial Markets, International Journal of Theoretical and Applied Finance, 2000

Working papers

8.     Stock Market Liberalization and the Cost of Capital in Emerging Markets

9.     Asset Prices with Heterogeneity in Preferences and Beliefs (with Raman Uppal)

Work in progress

10.   The Effects of Rare Economic Crises on Credit Spreads and Leverage (with Ilya A. Strebulaev)

11.   How Does Heterogeneity in Recursive Preferences Affect Asset Prices (with Raman Uppal)

12.   Corporate Control and Financing Decisions in General Equilibrium (with Ilya A. Strebulaev)

13.   International Financial Integration and Country Size

14.   Return Predictability and Labor Market Frictions in a Real Business Cycle Model (with Lars Lochstoer)

15.   Obtaining the Solution to Stochastic Problems in Finance by Solving Only the Corresponding Deterministic Problem (with Raman Uppal)

 

 

Former PhD colleagues and co-authors

 

Sergei Davydenko

Adlai Fisher

Lars Kuehn

Stefan Nagel

Stefano Rossi

Sergey Sanzhar

Ilya Strebulaev

Raman Uppal

Hongjun Yan

 

Teaching 

 

COMM 377 International Financial Markets and Institutions

COMM 478 International Financial Management

COMM 397 Business Finance

Donau MBA Corporate Finance

Donau MBA International Finance

Donau MBA Dynamic Portfolio Strategies