Andrea L. Eisfeldt

Laurence D. and Lori W. Fink Endowed Chair in Finance and Professor of Finance

About

Andrea Eisfeldt’s research over the years has focused on macroeconomics and finance, specifically the dynamics of market liquidity and the effects of financial frictions on investment. Her latest research looks at complex assets and tries to understand why complex securities tend to have higher average returns. She is exploring why over-the-counter derivatives trading is such a concentrated market and, among other things, why dealers earn such high intermediation profits.

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6 Articles

Research Brief / Compensation

Employee or Capitalist? Equity Compensation Merges the Two

Labor’s losses to capital, much studied, aren’t quite as grim when stock and options are tabulated

Lettered wooden pieces arranged to spell the words "stock" and "bond". The two words share a single "O" piece. Research Brief / Corporate Investment

How Bond and Stock Prices Combine to Influence Corporate Investment

Equity volatility can encourage — or dampen — investment, depending on a firm’s bond spread

Six office workers seen talking and performing various tasks Research Brief / Finance

Adapting Value Investing to the 21st Century

Including intangible assets in book value vastly improves the strategy’s returns

A castle with a moat Research Brief / Investing

The Moat That Keeps Complex Asset Strategies Profitable

Andrea Eisfeldt finds that hedge funds with infrastructure to execute sophisticated arbitrage crowd out less-expert investors

FDIC logo on a window Research Brief / Banking

Calculating a Value for the Government Support Banks Enjoy

Researchers’ model could quantify the risks in the growing movement to ease up on Dodd-Frank regulations

Suburban neighborhood Research Brief / Investing

Single-Family Rentals: What Drives Investor Return?

A unique data set provides fresh insights for the growing institutional investor market