Biography

Clifton Green joined Goizueta Business School in 1999 after completing his PhD at NYU where he taught 1998-1999. His research interests include investments and market microstructure, with an emphasis on behavioral finance. Clifton's reasearch has been featured in the Wall Street Journal, Barrons, Financial Times, and on CNBC television.

At Goizueta, Clifton serves as the Finance Area Coordinator and teaches the core Corporate Finance class in the BBA program and Behavioral Finance in the PhD program. He has also taught Security Analysis and Portfolio Management in the MBA program.

Publications

• Gender and Job Performance: Evidence from Wall Street, with N. Jegadeesh and Yue Tang, Financial Analysts Journal, forthcoming
• Price-Based Return Comovement, co-authored with Byoung-Hyoun Hwang, Journal of Financial Economics, 2009
• The Impact of Mutual Fund Family Membership on Investor Risk, Journal of Financial and Quantitative Analysis, 2007
• The Value of Client Access to Analyst Recommendations, Journal of Financial and Quantitative Analysis, 2006
• Economic News and the Impact of Trading on Bond Prices, Journal of Finance, 2004
• Market Efficiency in Real Time, co-authored with Jeffrey Busse, Journal of Financial Economics, 2002
• Economic News and Bond Prices: Evidence from the U.S. Treasury Market, co-authored with Pierluigi Balduzzi and Edwin J. Elton, Journal of Financial and Quantitative Analysis, 2001
• Market Risk and Model Risk for a Financial Institution Writing Options, co-authored with Stephen Figlewski, Journal of Finance, 1999
• Tax and Liquidity Effects in Pricing Government Bonds, co-authored with Edwin J. Elton, Journal of Finance, 1998

Working Papers

• IPOs as Lotteries: Expected Skewness and First-Day Returns, 2009
• Stock Selection Skills and Career Choice: Buy Side vs. Sell Side, with Jeff Busse and N. Jegadeesh, 2008
• Fund Managers Who Take Big Bets: Skilled or Overconfident, with Klaas Baks and Jeff Busse, 2006

Areas of Specialization

• Investments
• Behavioral Finance
• Market Microstructure

Achievements and Honors

• Keough Award for Excellence, 2009
• BBA Distinguished Educator Award, 2009
• Crystal Apple Undergraduate Teaching Award, 2008
• Emory Williams Distinguished Teaching Award, 2007
• Outstanding Mentor, Office of Multicultural Programs and Services, Emory University, 2003
• Nominated for the Smith Breeden Award for the best paper in the Journal of Finance, 1998, 2004
• Ad hoc referee, Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Financial and Quantitative Analysis, American Economic Review, Management Science, among others

Academic Background
Ph.D., Finance, New York University, 1999
M.A., Economics, University of Virginia, 1994
B.S., Economics (minor in Mathematics), Texas A&M University, 1992