Ivalina Kalcheva

Contact Information

• 520.621.0747 office
• 520.621.1261 fax
• kalcheva@arizona.edu
• McClelland Hall 315L

Curriculum Vitae

• View or download CV

SSRN Author Page

• View page and papers

Assistant Professor

• Ph.D. Finance, University of Utah, 2007

Current Courses

• FIN 421, Investments, Spring
• FIN 525, Empirical Methods in Finance, Spring

Research Interests

• Theoretical and empirical research on the overlap between market microstructure and classical fields in finance: asset pricing, corporate finance.

Publications and Working Papers

• "Noisy Prices and Inference Regarding Returns," with Elena Asparouhova and Hendrik Bessembinder, The Journal of Finance, 2013, v.68, pp.665-714. Notes to LaTex Users publishing in the Journal of Finance.
  
  
• "Liquidity Biases in Asset Pricing Tests," Elena N. Asparouhova, Hendrik (Hank) Bessembinder and IvalinaKalcheva, Journal of Financial Economics (JFE), 2010, v.96, pp.215-237. Notes to SAS Users.
  
  
• "International Evidence on Cash Holdings and Expected Managerial Agency Problems," with Karl V. Lins, Review of Financial Studies, 2007, v.20, pp. 1087-1112.
  
  
• "Short Sales and the Weekend Effect - Evidence from a Natural Experiment," with Pengjie Gao, Jia Hao and Tongshu Ma, Journal of Financial Markets, forthcoming.
  
  
• "Designing a Trading Center in a High-Tech Environment," with Laura Cardella and Jia Hao, working paper.
  
  
• "Short-Selling, Uptick Rule, and Market Quality: Evidence from High-Frequency Data on Hong Kong Stock Exchange," with Pengjie Gao, Jia Hao and Tongshu Ma, working paper. [Winner of 2011 FMA Best Paper Award in Market Microstructure (sponsored by NASDAQ)]
  
  
• "Make and Take Fees in the U.S. Equity Market," with Laura Cardella and Jia Hao, working paper. [Winner of 2012 FMA Best Paper Award in Market Microstructure (sponsored by NASDAQ)]