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
Stuzin Hall 327
PO Box 117168
Gainesville, FL 32611

(352) 846-2837
Email | Homepage

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


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


Corporate Cash Shortfalls and Financing Decisions
Journal: Review of Financial Studies, The
Authors: Unknown


The Puzzle of Frequent and Large Issues of Debt and Equity
Journal: Journal of Financial and Quantitative Analysis
Year: Unknown
Authors: Rongbing Huang, Ritter Ritter


Pre-IPO Analyst Coverage: Hype or Information Production?
Journal: Unknown
Authors: Chunxin Jia, Jay Ritter, Zhen Xie, Donghang Zhang


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


Innovation and the Long-run Performance of Venture Capital-backed IPOs
Journal: Unknown
Authors: Jerry Cao, Fuwei Jiang, 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


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


Multiple Bookrunners in IPOs
Journal: Unknown
Authors: Y. Hu, Jay 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