Biography
Clifton Green joined Emory and the Goizueta Business School in 1999. His research interests include investments and market microstructure, with an emphasis on fixed income securities. He has presented his research at the Western Finance Association meetings, the European Finance Association meetings, and the American Finance Association meetings. Clifton received his Ph.D. from New York University in 1999, where he was an instructor from 1998-1999.

Publications

• Tax and Liquidity Effects in Pricing Government Bonds, co-authored with Edwin J. Elton, Journal of Finance, October 1998
• Market Risk and Model Risk for a Financial Institution Writing Options, co-authored with Stephen Figlewski, Journal of Finance, (reprinted in Model Risk, Concepts, Calibration and Pricing, Rajna Gibson, ed., Risk Publications, London), August 1999
• 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, December 2001
• Market Efficiency in Real Time, co-authored with Jeffrey Busse, Journal of Financial Economics, September 2002
• Economic News and the Impact of Trading on Bond Prices, Journal of Finance, forthcoming

Working Papers

• The Value of Client Access to Analyst Recommendations

Areas of Specialization

• Investments
• Market Microstructure
• Fixed Income Securities

Achievements and Honors

• Nominated for the Smith Breeden Prize, 1998
• Ad hoc referee, Journal of Finance, Journal of Financial and Quantitative Analysis, Journal of Futures Markets, Management Science

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