Research Areas
Education
Economics, PhD, Carnegie Mellon University
Additional Campus Affiliations
Professor, Economics
Investors in Business Education Distinguished Professor, Gies College of Business
Professor, Finance
Recent Publications
Barardehi, Y. H., Bernhardt, D., Da, Z., & Warachka, M. (2025). Institutional Liquidity Costs, Internalized Retail Trade Imbalances, and the Cross-Section of Stock Returns. Journal of Financial and Quantitative Analysis. Advance online publication. https://doi.org/10.1017/S0022109025000043
Barardehi, Y. H., & Bernhardt, D. (2025). Revisiting the ∪-shaped patterns in volatility and price impacts: Novel results using trade-time estimates. Journal of Financial Markets, 74, Article 100971. https://doi.org/10.1016/j.finmar.2025.100971
Liu, T., & Bernhardt, D. (2025). Auctioning Control and Cash-Flow Rights Separately. Econometrica, 93(3), 859-889. https://doi.org/10.3982/ECTA21343
Cuevas, C., Bernhardt, D., & Sanclemente, M. (2023). Followers of the pied piper of pensioners. Canadian Journal of Economics, 56(4), 1517-1550. https://doi.org/10.1111/caje.12684
Cuevas, C., & Bernhardt, D. (2023). When financial advice rocks the market. Emerging Markets Review, 56, Article 101051. https://doi.org/10.1016/j.ememar.2023.101051