João F. Gomes
Professor Gomes expertise is in the areas of macroeconomics and financial markets. His recent research covers the determinants of the corporate investment and financing decisions of firms and the links to movements in financial markets, and to monetary and fiscal policies. He has also examined the role of financial leverage in determining the cost of capital, the causes of performance variation across asset classes, and the quantitative importance of financial market imperfections on corporate decisions and economic cycles.
- PhD, University of Rochester, ’97
- MA University of Rochester, ’96
- BA, New University of Lisbon, Portugal, ’91
Howard Butcher III Professor of Finance
The Wharton School
Professor Gomes’ research has been presented and discussed at major academic conferences and seminar series around the world and is published in the top rated academic journals in both economics and finance. He has won several awards including the Smith Breeden Prize for Best Asset Pricing Paper published in the Journal of Finance, with a study on the links between leverage and returns, and was nominated for the Brattle Prize for Best Corporate Finance Paper in the same journal, with earlier work on the performance of conglomerates.
Joao F. Gomes (Work In Progress). The Macroeconomic Implications of Corporate Income Taxes.
Joao F. Gomes, Marco Grotteria, Jessica Wachter (Working). Foreseen Risks.
Joao F. Gomes, Marco Grotteria, Jessica Wachter (Working). Cyclical Dispersion in Expected Defaults.
Joao F. Gomes, Colin Ward, M Yasser Boualam (Draft). Understanding the Behavior of Distressed Stocks.
Joao F. Gomes, Urban Jermann, Lukas Schmid (2016). Sticky Leverage, American Economic Review.
Vito Gala, Joao F. Gomes, Marco Grotteria (Working). The Marginal Value of Cash.
Vito Gala, Joao F. Gomes, Hongxun Ruan (Working). Why Has Corporate Investment Been So Weak?.
Joao F. Gomes (Forthcoming). Equilibrium Asset Pricing with Leverage and Default.
Joao F. Gomes and Lukas Schmid (2010). Levered Returns, Journal of Finance.