Portrait Photo

Jay R. Ritter

Joe B. Cordell Eminent Scholar Chair
Eminent Scholar
University of Florida,
Warrington College of Business
Finance, Insurance and Real Estate Department
PO Box 117168 Gainesville FL 32611
Stuzin Hall 327
(352) 846-2837

Education

PhD - Economics and Finance, University of Chicago, 1981
MA - Economics (with B.A.), University of Chicago, 1976

Research Areas

Initial Public Offerings, Asset Pricing, Valuation, Investment Banking
Economies of Scope and IPO Activity in Europe
Published Year: 2013
Authors: Andrea Signori Mario Levis Silvio Vismara Jay Ritter

Re-energizing the IPO Market
Published Year: 2013
Authors: Martin Bailey Richard Herring Jay Ritter

Recent Developments in Corporate Finance (introduction)
Published Year: 2005
Authors: Jay Ritter

Investment Banking and Securities Issuance
Published Year: 2003
Authors: George Constantinides Milton Harris Rene Stulz Jay Ritter

The Future of the New Issues Market
Published Year: 2002
Authors: Robert Litan Richard Herring Jay Ritter

Investing Rules on IPOs
Published Year: 2001
Authors: Stephen Eckett Jay Ritter

Initial Public Offerings
Published Year: 1998
Authors: Dennis Logue James Seward Jay Ritter

Initial Public Offerings
Published Year: 1995
Authors: R. Ibbotson R. Jarrow V. Maksimovic W. Ziemba J. Ritter

Racetrack Betting An Example of a Market with Efficient Arbitrage
Published Year: 1994
Authors: D. Hausch Victor Lo W. Ziemba Jay Ritter

Going Public
Published Year: 1992
Authors: K. Hanley J. Eatwell M. Milgate P. Newman J. Ritter

The Turn of the Year Effect
Published Year: 1992
Authors: J. Eatwell M. Milgate P. Newman Jay Ritter
The Speed of Adjustment to the Target Market Value Leverage is Slower Than You Think
Journal: Journal of Financial and Quantitative Analysis
Accepted Year: 2019
Authors: Qie "Ellie" Yin Jay Ritter

Closed-end Fund IPOs: Sold Not Bought
Journal: Critical Finance Review
Published Year: 2018
Authors: Diana Shao Jay Ritter

Pre-Market Trading and IPO Pricing
Journal: Review of Financial Studies, The
Published Year: 2017
Authors: Jay Ritter Chun Chang Yiming Qian Yao-Min Chiang

Statement of the Financial Economists Roundtable: Crowdfunding
Journal: Financial Analysts Journal
Published Year: 2016
Authors: Jay Ritter Jennifer Conrad Jonathan Karpoff Craig Lewis

Private Equity Firms' Reputational Concerns and the Costs of Debt Financing
Journal: Journal of Financial and Quantitative Analysis
Published Year: 2016
Authors: Rongbing Huang Jay Ritter Donghang Zhang

Growth Capital-backed IPOs
Journal: Financial Review, The
Published Year: 2015
Authors: Jay Ritter

Where Have All the IPOs Gone?
Journal: Journal of Financial and Quantitative Analysis
Published Year: 2013
Authors: Xiaohui Gao Jay Ritter Zhongyan Zhu

Europe's Second Markets for Small Companies
Journal: European Financial Management
Published Year: 2012
Authors: Silvio Vismara S. Paleari Jay Ritter

Is Economic Growth Good for Investors?
Journal: Journal of Applied Corporate Finance
Published Year: 2012
Authors: Jay Ritter

Equilibrium in the IPO Market
Journal: Annual Review of Financial Economics
Published Year: 2011
Authors: Jay Ritter

Local Underwriter Oligopolies and IPO Underpricing
Journal: Journal of Financial Economics
Published Year: 2011
Authors: Xiaoding Liu Jay Ritter

An Economic Analysis of IPO Spinning
Journal: Review of Financial Studies, The
Published Year: 2010
Authors: X. Liu J. Ritter

The Marketing of Seasoned Equity Offerings
Journal: Journal of Financial Economics
Published Year: 2010
Authors: X. Gao J. Ritter

'Testing Theories of Capital Structure and Estimating the Speed of Adjustment
Journal: Journal of Financial and Quantitative Analysis
Published Year: 2009
Authors: R. Huang J. Ritter

Forensic Finance
Journal: Journal of Economic Perspectives
Published Year: 2008
Authors: Jay Ritter

Analyst Behavior Following IPOs: The 'Bubble Period' Evidence
Journal: Review of Financial Studies, The
Published Year: 2008
Authors: D. Bradley B. Jordan J. Ritter

Affiliated Mutual Funds and the Allocation of Initial Public Offerings
Journal: Journal of Financial Economics
Published Year: 2007
Authors: D. Zhang Jay Ritter

Do Today's Trades Affect Tomorrow's IPO Allocations?
Journal: Journal of Financial Economics
Published Year: 2007
Authors: M. Nimalendran D. Zhang J. Ritter

Short Interest, Institutional Ownership, and Stock Returns
Journal: Journal of Financial Economics
Published Year: 2005
Authors: P. Asquith P. Pathak J. Ritter

Economic Growth and Equity Returns
Journal: Pacific-Basin Finance Journal
Published Year: 2005
Authors: Jay Ritter

The IPO Quiet Period Revisited
Journal: Journal of Investment Management
Published Year: 2004
Authors: D. Bradley B. Jordan J. Wolf J. Ritter

Why Has IPO Underpricing Changed Over Time?
Journal: Financial Management
Published Year: 2004
Authors: T. Loughran J. Ritter

Differences between European and American IPO Markets
Journal: European Financial Management
Published Year: 2003
Authors: Jay Ritter

Behavioral Finance
Journal: Pacific-Basin Finance Journal
Published Year: 2003
Authors: Jay Ritter

The Quiet Period Goes Out with a Bang
Journal: Journal of Finance
Published Year: 2003
Authors: D. Bradley B. Jordan J. Ritter

Why Don't Issuers Get Upset About Leaving Money on the Table in IPOs?
Journal: Review of Financial Studies, The
Published Year: 2002
Authors: T. Loughran J. Ritter

A Review of IPO Activity, Pricing, and Allocations
Journal: Journal of Finance
Published Year: 2002
Authors: I. Welch Jay Ritter

The Biggest Mistakes We Teach
Journal: Journal of Financial Research, The
Published Year: 2002
Authors: Jay Ritter

The Decline of Inflation and the Bull Market of 1982-1999
Journal: Journal of Financial and Quantitative Analysis
Published Year: 2002
Authors: R. Warr Jay Ritter

Institutional Affiliation and the Role of Venture Capital: Evidence from Initial Public Offerings in Japan
Journal: Pacific-Basin Finance Journal
Published Year: 2000
Authors: Y. Hamao F. Packer J. Ritter

The Seven Percent Solution
Journal: Journal of Finance
Published Year: 2000
Authors: H. Chen J. Ritter

Uniformly Least Powerful Tests of Market Efficiency
Journal: Journal of Financial Economics
Published Year: 2000
Authors: T. Loughran J. Ritter

Valuing IPOs
Journal: Journal of Financial Economics
Published Year: 1999
Authors: M. Kim J. Ritter

The Operating Performance of Firms Conducting Seasoned Equity Offerings
Journal: Journal of Finance
Published Year: 1997
Authors: T. Loughran J. Ritter

Long-Term Market Overreaction: The Effect of Low-Priced Stocks
Journal: Journal of Finance
Published Year: 1996
Authors: T. Loughran J. Ritter

The Costs of Raising Capital
Journal: Journal of Financial Research, The
Published Year: 1996
Authors: I. Lee S. Lochhead Q. Zhao J. Ritter

How I Helped to Make Fischer Black Wealthier
Journal: Financial Management
Published Year: 1996
Authors: Jay Ritter

The New Issues Puzzle
Journal: Journal of Finance
Published Year: 1995
Authors: T. Loughran J. Ritter

Initial Public Offerings: International Insights
Journal: Pacific-Basin Finance Journal
Published Year: 1994
Authors: T. Loughran J. Ritter K. Rydgvist Jay Ritter

The Market's Problems with the Pricing of Initial Public Offerings
Journal: Journal of Applied Corporate Finance
Published Year: 1994
Authors: R. Ibbotson J. Sindelar J. Ritter

Measuring Abnormal Performance: Do Stocks Overreact
Journal: Journal of Financial Economics
Published Year: 1992
Authors: N. Chopra J. Lakonishok J. Ritter

The Long Run Performance of Initial Public Offerings
Journal: Journal of Finance
Published Year: 1991
Authors: Jay Ritter

Portfolio Rebalancing and the Turn of the Year Effect
Journal: Journal of Finance
Published Year: 1989
Authors: N. Chopra Jay Ritter

Initial Public Offerings
Journal: Journal of Applied Corporate Finance
Published Year: 1988
Authors: R. Ibbotson J. Sindelar J. Ritter

The Buying and Selling Behavior of Individual Investors at the Turn of the Year
Journal: Journal of Finance
Published Year: 1988
Authors: Jay Ritter

The Costs of Going Public
Journal: Journal of Financial Economics
Published Year: 1987
Authors: Jay Ritter

Investment Banking, Reputation, and the Underpricing of Initial Public Offerings
Journal: Journal of Financial Economics
Published Year: 1986
Authors: R. Beatty Jay Ritter

Signaling and the Valuation of Unseasoned New Issues: A Comment
Journal: Journal of Finance
Published Year: 1984
Authors: Jay Ritter

The 'Hot Issue' Market of 1980
Journal: Journal of Business
Published Year: 1984
Authors: Jay Ritter

Innovation and Communication: Signaling with Partial Disclosure
Journal: Review of Economic Studies
Published Year: 1983
Authors: S. Bhattacharya J. Ritter
Post-IPO Employment and Revenue Growth for U.S. IPOs, June 1996-2010
Published Year: 2012
Authors: Martin Kenney Donald Patton Jay Ritter
Warrington Directory