Gurupdesh Pandher received his PhD from Cornell University. He was with DePaul University's Kellstadt School of Business (Chicago) from 1999-2007 and is presently with the University of British Columbia (Faculty of Management). His primary research interests include risk management, mathematical finance, CEO compensation & governance, asset pricing, real estate, and organizational decision-making. He has taught in the MBA, Masters of Finance and undergraduate programs, as well as, in international graduate programs (e.g. Hong Kong, Taipee). Courses taught include Risk Management, Derivatives, Investments, Interest Rate Models and Financial Management.
In addition to academic experience, Gurupdesh also has over seven years of significant professional and consulting experience with organizations and companies including Sunlife Insurance Company, Statistics Canada, IMF, World Bank, Arthur Andersen, Deloitte, Precision Economics and FinancialCad (he held a Manager position with Andersen & Deloitte). He lead or had significant responsibility as part of the management team on projects with substantial outcomes and impacts for these organizations. He presently serves as Senator on the University Senate and its budget, curriculum and nominating committees. He is also the Faculty Coordinator for the Interdisciplinary Graduate Studies (IGS) Program.
Gurupdesh's current research focuses on: Models of banking risk management and empirical evaluation; CEO compensation: a stakeholder bargaining perspective of the resource advantage; Idea appropriation & entrepreneurship in organizations (game theory analysis); Modeling derivative securities (interest rate and equity) with "super-diffusions"; Asset pricing with locally-scaled preferences; and Active scholar endogenous assessment of journal quality and rankings.
"Finance Journal Rankings & Tiers: An Active Scholar Assessment Methodology",
(with R. Currie), Journal of Banking & Finance, forthcoming.
"Idiosyncratic Risk and the Housing Market ",
(with Norm Miller), Journal of Housing Research, Vol. 17, 2008, pp.13-32.
"Arbitrage-free Valuation of Interest Rate Securities under Forward Curves with Stochastic Speed and Acceleration", Journal of Economic Theory, Vol. 137, 2007, pp.432-459.
"Modeling and Controlling Monetary & Economic Identities with Constrained State Space Models", International Statistical Review, Vol. 75, No. 2, 2007, pp.150-169.
"Regression-based Modeling of Market Option Prices: with Application to S&P500 Options", Journal of Forecasting, Vol. 26, No. 7, 2006, pp.475-496.
"Risk and Return in the U.S. Housing Market: A Cross-sectional Asset-Pricing Approach",
(with S. Cannon and N. Miller), Real Estate Economics, Vol. 34, 2006, pp.519-552.
"Valuation of Executive Stock Options under Multiple Severance Risks & Exercise Restrictions", Journal of Derivatives, Vol. 11, No. 2, 2003, pp.25-37.
"Forecasting Multivariate Time Series with Linear Restrictions using Constrained Structural State Space Models", Journal of Forecasting, Vol. 21, No. 5, 2002, pp.281-300.
"Estimation of Excess Security Returns from Derivatives & Testing for Risk-Neutral Pricing", Econometric Theory, Vol. 17, 2001, pp.785-819.
"Drift Estimation of Generalized Security Price Processes from High Frequency Derivative Prices", Review of Derivatives Research, Vol. 4, 2000, pp.263-284.
"Skewed Survey Populations: Optimal Sample Redesign Methodology Under the Generalized Regression Estimator with Application to the Government Finance Survey", Survey Methodology, Vol. 22, No. 2, 1996, pp.13-22.