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John Griffin

Professor

Department:     Finance

Additional Titles:     James A. Elkins Centennial Chair in Finance

Research Areas:     Asset Pricing, Empirical Methods, International Finance, Investment Management

Publications

John M. Griffin and Alex Priest. August 2023. Is COVID Revealing A Virus in CMBS 2.0? Journal of Finance 78(4):2233-2276.

John Griffin and Jordan Nickerson. June 2023. Are CLO Collateral and Tranche Ratings Disconnected? Review of Financial Studies 36(6): 2319-2360.

John M. Griffin, Clark Liu, and Tao Shu. Oct 2022. Is the Chinese Anticorruption Campaign Authentic? Evidence from Corporate Investigations. Management Science 68(10): 7248-7273.

John M. Griffin, Samuel Kruger, and Prateek Mahajan. June 2023. Did Fin Tech Lenders Facilitate PPP Fraud? Journal of Finance 78(3): 1777-1827.


John M. Griffin, Nicholas Hirschey, and Samuel Kruger. April 2023. Do Municipal Bond Dealers Give their Customers ‘Fair and Reasonable’ Pricing? Journal of Finance 78(2): 887-934.

John M. Griffin. Ten Years of Evidence: Was Fraud a Force in the Financial Crisis? Journal of Economic Literature. Dec2021, Vol. 59 Issue 4, p1293-1321

 

John M. Griffin, Samuel Kruger, and Gonzalo Maturana. 2021. What Drove the 2003-2006 House Price Boom and Subsequent Collapse? Disentangling Competing Explanations. Journal of Financial Economics 141(3), 1007-1035.

 

John M. Griffin and Amin Shams. 2020. Is Bitcoin Really Untethered? Journal of Finance 75(4), 1913-1964.

 

John M. Griffin, Samuel Kruger, and Gonzalo Maturana. 2019. Do Labor Markets Discipline? Evidence from RMBS Bankers. Journal of Financial Economics 133(3), 726-750.

 

John M. Griffin, Samuel Kruger, and Gonzalo Maturana. 2019. Personal Infidelity and Professional Conduct in 4 Settings. Proceedings of the National Academy of Sciences (PNAS) 116(33), 16268-16273.

 

John M Griffin and Amin Shams. 2018. Manipulation in the VIX? Review of Financial Studies 31(4), 1377-1417.

 

Jordan Nickerson and John M Griffin. 2017. Debt Correlations in the Wake of the Financial Crisis: What Are Appropriate Default Correlations for Structured Products? Journal of Financial Economics 125(3), 454-474.

 

John M Griffin and Gonzalo Maturana. 2016. Did Dubious Mortgage Origination Practices Distort House Prices. Review of Financial Studies29(7), 1671-1708.

 

John M Griffin and Gonzalo Maturana. 2016. Who Facilitated Misreporting in Securitized Loans? Review of Financial Studies 29(2), 384-419.

 

Sohnke M. Bartram, John M Griffin, Tae-Hoon Lim, and David T. Ng. 2015. How Important Are Foreign Ownership Linkages for International Stock Returns? Review of Financial Studies 28(11), 3036-3072.

 

John M Griffin and Richard Lowery. 2014. Complex Securities and Underwriter Reputation: Do Reputable Underwriters Produce Better Securities? Review of Financial Studies 27(10), 2872-2925.

 

John M Griffin, Jordan Nickerson, and Dragon Yongjun Tang. 2013. Rating Shopping or Catering? An Examination of the Response to Competitive Pressure for CDO Credit Ratings. Review of Financial Studies 26(9), 2270-2310.

 

John M Griffin and Dragon Yongjun Tang. 2012. Did Subjectivity Play a Role in CDO Credit Ratings? Journal of Finance 67(4), 1293-1328.

 

John M Griffin, Tao Shu, and Selim Topaloglu. 2012. Examining the Dark Side of Financial Markets: Do Institutions Trade on Information from Investment Bank Connections? Review of Financial Studies 25(7), 2155-2188.

 

John M Griffin and Dragon Yonguin Tang. 2011. Did Credit Rating Agencies Make Unbiased Assumptions on CDOs? American Economic Review101 (3), 125-130.

 

John M Griffin, Nicholas Hirschey, and Patrick Kelly. 2011. How Important Is the Financial Media in Global Markets? Review of Financial Studies24(12), 3941-3992.

 

John M Griffin, Jeffrey H. Harris, Tao Shu, and Selim Topaloglu. 2011. Who Drove and Burst the Tech Bubble? Journal of Finance 66(4), 1251-1290.

 

John M Griffin, Patrick J. Kelly, and Federico Nadari. 2010. Do Market Efficiency Measures Yield Correct Inferences? A Comparison of Developed and Emerging Markets. Review of Financial Studies 23(8), p3225-3277.

 

John M Griffin and Jin Xu. 2009. How Smart Are the Smart Guys? A Unique View from Hedge Fund Stock Holdings. Review of Financial Studies22(7), 2531-2570.

 

John M Griffin, Nardari, Federico, and Stulz, René M.. 2007. Do Investors Trade More When Stocks Have Performed Well? Evidence from 46 Countries. Review of Financial Studies 20, 905-951.

 

John M Griffin, Harris, Jeffrey, and Topalog, Selim. 2007. Why are IPO Investors Net Buyers through Lead Underwriters? Journal of Financial Economics 85, 518-551.

 

Doidge, Craig, John M Griffin, and Williamson, Rohan. 2006. Measuring the economic importance of exchange rate exposure. Journal of Empirical Finance 13 (4-5), 550-576.

 

Charles Cao, Chen Zhiwu, and John M Griffin. 2005. Informational Content of Option Volume Prior to Takeovers. Journal of Business 78, 1073-1109.

 

John M Griffin, Federico Nardari, and René M. Stulz. 2004. Are Daily Cross-border Equity Flows Pushed or Pulled? Review of Economics and Statistics 86, 641-657.

 

John M Griffin. 2004. Global Momentum Strategies. Journal of Portfolio Management 31, 23-39.

 

John M Griffin, Xiuqing Ji, and J. Spencer Martin. 2003. Momentum Investing and Business Cycle Risk: Evidence from Pole to Pole. Journal of Finance 58.

 

John M Griffin, Jeffrey H. Harris, and Selim Topaloglu. 2003. The Dynamics of Institutional and Individual Trading. Journal of Finance 58.

 

John M Griffin. 2002. Are the Fama and French Factors Global or Country Specific? Review of Financial Studies 15.

 

John M Griffin and Mike Lemmon. 2002. Does the Book-to-Market Equity Proxy for Distress Risk? Journal of Finance 57, 2317-2336.

 

John M Griffin and Rene M. Stulz. 2001. International Competition and Exchange Rate Shocks: a Cross-country Industry Analysis of Stock Returns. Review of Financial Studies 14.

 

John M Griffin and G. Andrew Karolyi. 1998. Another Look at the Role of the Industrial Structure of Markets for International Diversification Strategies. Journal of Financial Economics 50, 351-373.