Paul Gao first joined the University of Notre Dame in 2007, where he is currently the Professor of Finance at the University of Notre Dame. He was an associate professor of finance at the Hong Kong University of Science and Technology (HKUST) Business School, and a visiting senior economist at the Shanghai Stock Exchange (SHSE). He has published in the Journal of Finance, the Review of Financial Studies, and the Journal of Financial Economics. He is the past winner of the prestigious Fama-DFA Prize, Cowen Memorial Prize, CQA Research Award, and Q-Group Research Award. He serves as the associate editors for the Pacific Basin Finance Journal, and the Financial Management. He earned his doctoral degree in Financial Economics from Kellogg School of Management, Northwestern University in 2007.
"Municipal Borrowing Costs and State Policies for Distress Municipalities", (With Chang Lee, Dermot Murphy), Journal of Financial Economics, 132, 2019
"Financing Dies in Darkness? The Impact of Newspaper Closures on Public Finance", (With Chang Lee, Dermot Murphy), Journal of Financial Economics - Accepted (awaiting publication)
"What's in a (school) name? Racial discrimination in higher education bond markets", (With Casey Dougal, Bill Mayhew, Christopher Parsons), Journal of Financial Economics - Accepted (awaiting publication)
"Do Hedge Funds Exploit Rare Disaster Concerns?", (With George Gao, Zhaogang Song), Reivew of Financail Studies, 31, 2018
"The Global Relation Between Financial Distress and Equity Returns", (With Christopher Parsons, Jianfen Shen), Review of Financial Studies, 31, 2018
"Liquidity in a Market for Unique Assets: Specified Pool and TBA Trading in the Mortgage Backed Securities Market", (With Paul Schultz, Zhaogang Song), Journal of Finance, 72, 2017
"Sum of All FEARS: investor sentiment and asset prices", (With Zhi Da, Joseph Engelberg), Review of Financial Studies, 2014 - Accepted (awaiting publication)
"Friends With Money"
, (With Joseph Engelberg, Christopher Parsons), Journal of Financial Economics