Dr. Gabriela Coiculescu
Dr. Gabriela Coiculescu, assistant professor of finance at , was recently awarded funding from the Office of the Provost鈥檚 Faculty Research Fund to co-author a study with Dr. Henry Huang, associate professor of accounting at Sy Syms, and Dr. Bin Li, assistant professor of accounting at the University of Oklahoma, on the connection between immigration and the financial industry.
鈥淔rom Ellis Island to Wall Street: High-skilled Immigrants and Fund Performance鈥 is an attempt, said Dr. Coiculescu, 鈥渢o shed light on the effect of high-skilled immigrants in the financial industry, focusing on hedge fund trading behavior and performance.鈥 This investigation fits perfectly with her research interests in corporate finance, innovation and networks in finance.
Dr. Henry Huang
According to the co-authors, the project will use real immigration and Wall Street hedge fund performance data sets. Econometric techniques such as multivariate regression analysis will identify the effect of high-skilled immigrants on fund performance. 鈥淭here is a long literature in labor economics considering the effect of foreign immigrants on macroeconomic outcome,鈥 said Dr. Huang. 鈥淲e aim to push the boundary further by linking the immigration to financial industry performance, especially with firms in New York City.鈥 The grant will be used entirely and exclusively for acquiring one of the databases necessary for the project.
Ultimately, the goal of the research is to provide intellectual insights and guidance to students seeking possible careers in finance and associated industries. 鈥淯nderstanding the factors that affect financial firm performance,鈥 said Dr. Coiculescu, 鈥渁nd taking into account recent developments in the industry will enable us to better prepare our students for successful careers in finance as well as helping them make informed personal finance decisions.鈥
Dr. Bin Li
The project is in its early stages; they expect to complete a first draft of the paper later this year.
Through the Faculty Research Fund, 麻豆区 supports the research, scholarship and creative activity of the full-time faculty at all University schools and colleges. The maximum award for a research grant is $7,500, and recommendations are made to the Provost by a deans鈥 committee that rotates its membership every two years.
Dr. Gabriela Coiculescu
Dr. Henry Huang
Dr. Bin Li
