Giora Harpaz

Professor Harpaz got his doctorate from Indiana University with concentration in Finance and Quantitative Methods (1979). He is now a Full Professor of Economics and Finance at the Zicklin School of Business- Baruch College. Professor Harpaz has published extensively in leading refereed academic journals. His major research and teaching areas are: Corporate Finance, Investments, Derivative Securities, Forecasting and Bayesian Statistics.

Academic Degrees

BA, Hebrew University of Jerusalem, Economics and Statistics, 1973

MBA, Hebrew University of Jerusalem, Finance, 1975

DBA, Indiana University, Finance, 1979

Publications

Arie Harel, Giora Harpaz and Jack Clark Francis, “Market Efficiency: Is it Possible? The International Journal of Finance, Vol. 28, No. 1 (2016), pp. 1-13.

Arie Harel, Giora Harpaz, and Jack Clark Francis, ”Optimal Executive Compensation Schemes,” The International Journal of Finance, Vol. 26, No.1. ( 2014), pp.1-7.

Arie Harel, Giora Harpaz, and Jack Clark Francis, “Analysis of Efficient Markets,” Review of Quantitative Finance and Accounting, Vol. 36, No.2, (2011), pp. 287–296

Jack Clark Francis, Arie Harel, and Giora Harpaz, “Actuarially Fair Premia for Deductible Insurance Policies,” American Economist, Vol. 55, No. 2 Fall (2010), pp. 83-91.

Arie Harel, Giora Harpaz, and Yossi Yagil, “A New Paradigm for Forecasting Security Returns in a Market Regulated by Price Limits,” Review of Quantitative Finance and Accounting, Vol. 35, No. 1 (2010), pp. 113 – 121.

Jack C. Francis, Arie Harel, and Giora Harpaz, “Exchange Mergers and ElectronicTrading,” Journal of Trading, Winter (2009), pp. 35-43.

Arie Harel and Giora Harpaz, “Fair Actuarial Values for Deductible Insurance Policies in the Presence of Parameter Uncertainty,” International Journal of Theoretical & Applied Finance, Vol. 10, No. 2, (2007), pp. 389 – 397.

Arie Harel, Giora Harpaz, and Jack Clark Francis, “Pricing Securities with Exchange-Imposed Price Limits via Risk Neutral Valuation, International Journal of Theoretical & Applied Finance, Vol. 10. No. 3, (2007), pp.399-406.

Arie Harel, Giora Harpaz, and Jack Clark Francis, “Pricing Futures on Geometric Indexes; A Discrete Time Approach,” Review of Quantitative Finance and Accounting, Vol. 28, No. 3, (2007), pp. 227-240

Arie Harel and Giora Harpaz, “Security Markets with Price Limit: A Bayesian Approach,” International Journal of Theoretical and Applied Finance, Vol. 9, No. 3 (2006), pp. 359-372.

Awards

Indiana University Doctoral Fellowships, 1976-79.

Member, Beta Gamma Sigma, 1979.

CUNY Faculty Research Award, 1980.

Baruch College Summer Grant, 1991.