Detail

Charles M. Jones is the Robert W. Lear Professor of Finance and Economics and chair of the finance and economics division at Columbia Business School, where he has been on the faculty since 1997. Professor Jones studies the structure of securities markets, liquidity, and trading costs, and he is particularly noted for his research on short sales, algorithmic trading, and the variation in liquidity over time. His published articles appear in outlets ranging from the Journal of Finance to Barron’s. Jones has served as the visiting economist at the New York Stock Exchange, and for several years he has been a visiting scholar at the Federal Reserve Bank of New York. Jones has also been on the faculty at Princeton University, and prior to doing graduate work at the University of Michigan, where he received his Ph.D. in finance in 1994, he was an investment banking analyst at Merrill Lynch. At Columbia, Jones regularly teaches “Debt Markets,” a popular elective course targeted to MBA students intending to work in fixed income, debt capital markets, or investment banking, and he has received the Singhvi Prize for scholarship in the classroom.

• Spring 2011
  Debt Markets (MBA)
  
• Fall 2010
  (PhD) Intro to Econometrics (PHD)
  
• Fall 2009
  (PhD) Intro to Econometrics (PHD)
  Debt Markets (MBA)
  
• Spring 2009
  Debt Markets (MBA)
  
• Fall 2008
  (PhD) Introduction to Financial Econometrics (PHD)
  
• Spring 2008
  Debt Markets (MBA)
  

Time Variation in Liquidity: The Role of Market-Maker Inventories and Revenues In Journal of Finance (2010) Coauthor(s): Carole Comerton-Forde, Terrence Hendershott, Charles Jones, Pamela Moulton, Mark Seasholes

Order Consolidation, Price Efficiency, and Extreme Liquidity Shocks In Journal of Financial and Quantitative Analysis (2008) Coauthor(s): Michael Barclay, Terrence Hendershott, Charles Jones

Which Shorts Are Informed? In Journal of Finance (2008) Coauthor(s): Ekkehart Boehmer, Charles Jones, Xiaoyan Zhang

Island Goes Dark: Transparency, Fragmentation, Liquidity Externalities, and Multimarket Regulation In Review of Financial Studies (2005) Coauthor(s): Terrence Hendershott, Charles Jones

Trade-through prohibitions and market quality In Journal of Financial Markets (2005) Coauthor(s): Terrence Hendershott, Charles Jones

Shackling Short Sellers: The 2008 Shorting Ban In Research Paper Series No. 34-09 (2010) Coauthor(s): Ekkehart Boehmer, Charles Jones, Xiaoyan Zhang

Unshackling Short Sellers: The Repeal of the Uptick Rule In Working Paper (2008) Coauthor(s): Ekkehart Boehmer, Charles Jones, Xiaoyan Zhang

Shorting Restrictions: Revisiting the 1930s In Working Paper (2008) Coauthor(s): Charles Jones

The Price of Diversifiable Risk in Venture Capital and Private Equity In (2004) Coauthor(s): Charles Jones

A Century of Stock Market Liquidity and Trading Costs In Working Paper (2002) Coauthor(s): Charles Jones

Shorting Restrictions: Revisiting the 1930s In The Financial Review (2011) Coauthor(s): Charles Jones

Does Algorithmic Trading Improve Liquidity? In Journal of Finance (2007) Coauthor(s): Terrence Hendershott, Charles Jones, Albert Menkveld