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Areas of Expertise (3)

Corporate Finance

Asset Pricing

Market Microstructure

Education (4)

The City University of New York: PhD, Physics

The Wharton School, University of Pennsylvania: PhD, Finance

The City University of New York: MPhil, Physics

Kharkov State University: BS

Honors & Awards (4)

Schwabacher Fellowship Award

2009 – 2010

Dean’s Scholarship for Distinguished Merit, The Wharton School, University of Pennsylvania

September 1998 – May 2002

CUNY Research Grant

1996 – 1997

The City University of New York Scholarship

1991 – 1996

Positions Held (1)

At Haas since 2007

2011 – present, Associate Professor of Finance, Haas School of Business 2007 – 2011, Assistant Professor of Finance, Haas School of Business 2005 – 2007, Assistant Professor, Mays School of Business 2003 – 2005, Assistant Professor of Finance, Bauer College of Business

Selected Papers & Publications (9)

Learning, Parameter Drift, and the Credibility Revolution

Journal of Monetary Economics

Dmitry Livdan and Christopher A. Hennessy


Asset Pricing: The Tale of Night and Day

Journal of Financial Economics

Dmitry Livdan, Terrence Hendershott and Dominik Rosch


Relationship Trading in OTC Markets

Journal of Finance

Terrence Hendershott, Dan Li, Dmitry Livdan, Norman Schürhoff


Shareholder Rights Do Affect the Cost of Bank Loan

Critical Finance Review

Sudheer Chava, Dmitry Livdan and Amiyatosh Purnanandam


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Accounting rules, equity valuation, and growth options

Review of Accounting Studies

Dmitry Livdan, Alexander Nezlobin

Sept. 2017

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Are institutions informed about news?

Journal of Financial Economics

Terrence Hendershott, Dmitry Livdan, Norman Schürhoff

Aug. 2015

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Risking other people's money: Gambling, limited liability, and optimal incentives

Limited Liability, and Optimal Incentives

Peter M DeMarzo, Dmitry Livdan, Alexei Tchistyi

Sept. 2013

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Informed trading and portfolio returns

Review of Economic Studies

Alex Boulatov, Terrence Hendershott, Dmitry Livdan

April 2012

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Repeated signaling and firm dynamics

The Review of Financial Studies

Christopher A Hennessy, Dmitry Livdan, Bruno Miranda

March 2010

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