Research Areas
Education
Economics, PhD, Carnegie Mellon University
Additional Campus Affiliations
Investors in Business Education Distinguished Professor, Gies College of Business
Professor, Finance
Recent Publications
Barardehi, Y. H., Bernhardt, D., Da, Z., & Warachka, M. (Accepted/In press). Institutional Liquidity Costs, Internalized Retail Trade Imbalances, and the Cross-Section of Stock Returns. Journal of Financial and Quantitative Analysis. https://doi.org/10.1017/S0022109025000043
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
Bernhardt, D., Krasa, S., & Shadmehr, M. (2022). Demagogues and the Economic Fragility of Democracie. American Economic Review, 112(10), 331-3366. https://doi.org/10.1257/aer.20211125
Bernhardt, D., Koufopoulos, K., & Trigilia, G. (2022). Separating equilibria, underpricing and security design. Journal of Financial Economics, 145(3), 788-801. https://doi.org/10.1016/j.jfineco.2021.08.021