Lawrence Glosten

Photo of Lawrence Glosten

S. Sloan Colt Professor of Banking and International Finance

Finance and Economics

AB, Occidental, 1973; MS, Northwestern, 1977; PhD, 1980

Year joined: 1989

E-mail: lrg2@columbia.edu


Journal articles

"Short Selling and the News: A Preliminary Report on an Empirical Study"
New York Law School Law Review (2010)

Coauthor(s): Merritt Fox, Paul Tetlock

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"A Reconsideration of Tax Shield Valuation"
European Financial Management (2005)

Coauthor(s): Enrique Arzac

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"Market Microstructure: A Survey of Microfoundations, Empirical Results, and Policy Implications"
Journal of Financial Markets (2005)

Coauthor(s): Bruno Biais, Chester Spatt

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"Introductory Comments: Bloomfield and O'Hara, and Flood, Huisman, Koedijk, and Mahieu"
Review of Financial Studies (1999)


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"Is the Electronic Open-Limit Order Book Inevitable?"
Journal of Finance (1994)


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"A Contingent Claim Approach to Performance Evaluation"
Journal of Empirical Finance (1994)

Coauthor(s): Ravi Jaganathan

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"On the Relation Between the Expected Value and the Volatility of the Nominal Excess Return on Stocks"
Journal of Finance (1993)

Coauthor(s): Ravi Jaganathan, David E. Runkle

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"Challenges to Theory Development in Entrepreneurship Research"
Journal of Management Studies (1993)

Coauthor(s): Raphael Amit

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"Entrepreneurial Ability, Venture Investments, and Risk Sharing"
Management Science (1990)

Coauthor(s): Raphael Amit, Eitan Muller

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"Economic Significance of Predictable Variations in Stock Index Returns"
Journal of Finance (1989)

Coauthor(s): William Breen, Ravi Jaganathan

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"Insider Trading, Liquidity, and the Role of the Monopolist Specialist"
Journal of Business (1989)


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"Estimating the Components of the Bid/Ask Spread"
Journal of Financial Economics (1988)

Coauthor(s): Lawrence Harris

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"Components of the Bid-Ask Spread and the Statistical Properties of Transaction Prices"
Journal of Finance (1987)


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"Bid, Ask, and Transaction Prices in a Specialist Market with Heterogeneously Informed Traders"
Journal of Financial Economics (1985)

Coauthor(s): Paul Milgrom

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Working papers

"Welfare cost of informed trade"
Working paper (2010)


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"Short Selling and the News: A Preliminary Report on an Empirical Study"
Working Paper No. 364 (2010)

Coauthor(s): Merritt Fox, Paul Tetlock

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Newspaper articles

"The Past, Present, and Future of Trading Stocks"
Financial Times (2001)

Coauthor(s): Charles Jones

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