ד"ר כורש גליל

 

פרופסור חבר למימון וכלכלה,

המחלקה לכלכלה,

אוניברסיטת בן-גוריון בנגב.

 

טל משרד:      08-6472310

דוא"ל: galilk@bgu.ac.il

 

 

Profile2

 

 

כתובת:

המחלקה לכלכלה,

אוניברסיטת בן-גוריון בנגב,

ת.ד. 653 באר-שבע 8410501

 

המשרד:

קמפוס מרקוס, בניין 72, חדר 429

קורות חיים

מחקר

הוראה

.

 

 

 

מחקר

 

                     תחומי המחקר:

 

מימון אמפירי, סיכון אשראי, דירוגי אשראי, תמחור אג"ח, שוק ההון הישראלי, שווקים לא תחרותיים, סיכון ריבון, מכשירים נגזרים, מסחר אלגוריטמי

 

פרסומים:

 

1.        (*) National culture and banks' stock volatility, with Eva Varon,  Journal of International Financial Markets, Institutions & Money, forthcoming. [Article]

2.        (*) Shedding Light on the Dynamics of the Secured Overnight Financing Rate (SOFR), with Lior David-Pur and Mosi Rosenboim, and Offer Shapir, International Review of Finance, forthcoming. [Article]

3.        (*) Socioeconomic status and individual investors’ behavior during a financial crisis, with Avia Spivak, and Aviad Tur-Sinai, Journal of Behavioral and Experimental Finance, 40 (2023), 100855. [Article]

4.        (*) Prediction of corporate credit ratings with machine learning: Simple interpretative models, with Ami Hauptman and Rosit Rosenboim, Finance Research Letters, 58, 104648. [Article]

5.        (*) Cross-currency basis swap spreads and corporate dollar funding, with Lior David-pur, Mosi Rosenboim, and Offer Shapir, Journal of International Financial Markets, Institutions & Money, 85 (2023), 101780. [Article]

6.        Bailouts and the Modeling of Bank Distress, with Margalit Samuel, Offer Shapir and Wolf Wagner, Journal of Financial Research 46 (2023) 7-30. [Article]

7.        The dynamics of sovereign yields over swap rates in the Eurozone market, with Lior David-Pur, and Mosi Rosenboim, International Review of Financial Analysis (2020), 101578. [Article]

8.        To Decrease or Not to Decrease: The Impact of Zero and Negative Interest Rates on Investment Decisions, with Lior David-Pur and Mosi Rosenboim, Journal of Behavioral and Experimental Economic  87 (2020), 101571. [Article]

9.        Predicting default more accurately: to proxy or not to proxy for default?, with Neta Gilat, International Review of Finance 19 (4) (2019), 731-758. [Article]

10.    Debt composition and lax screening in the corporate bond market, with Uri Ben-Zion, Eyal Lahav and Offer Shapir, International Review of Economics and Finance 56 (2018), 178-189. [Article]

11.     Do ultimate owners follow the pecking order theory, with Offer Shapir and Rodrigo Zeidan, Qurterly Review of Economics and Finance 67 (2018), 45-50. [Article]

12.     Using Merton model: an empirical assessment of alternatives, with Zvika Afik and Ohad AradJournal of Empirical Finance 35 (2016), 43-67. [Article]

13.    The (un)informative value of credit rating announcements in small markets, with Zvika Afik and Itai Feinstein, Journal of Financial Stability 14 (2014)66-80.

14.     Rating Shopping and Rating Inflation in Israel, with Inna BaklayarInternational Review of Financial Analysis 33 (2014), 270-280. [Article]

15.     The determinants of CDS spread, with Offer Shapir, Dan Amiram and Uri Ben-Zion, Journal of Banking and Finance 41 (2014), 271-282. [Article]

16.     Are time preferences for a risky outcome, a riskless outcome and a commodity really different, with Tal Shavit, Offer Shapir and Uri Ben-Zion, Economics Letters 118 (2013), 512–514, [Article]

17.     Are Morningstar Ratings Global? Evidence from Israel, with Uri Ben-Zion and Offer Shapir, Journal of Wealth Management 15.3 (2012), 86-102.

18.     Good news, bad news and rating announcements: an empirical investigation, with Gil Soffer, Journal of Banking and Finance 35 (2011), 3101-3119. [Article]

19.     A reexamination of value creation through strategic alliances, with Uri Ben-Zion, Mosi Rosenboim and Hadas Shabtay, International Journal of Banking Accounting and Finance 3, Nos. 2/3 (2011), 133-154. [Article]

20.     The performance of mutual funds ratings in Israel, with Offer Shapir and Uri Ben-Zion, Economic Quarterly 57.4, (2010), 418-448.

21.     Unobserved heterogeneity and the term-structure of default, Advances in Financial Economics 12 (2007), 311-344.

Working papers

22.     Have ratings become more accurate?, with Zvika Afik, Revise and Resubmit, Journal of Banking and Finance. [Article]

23.     Trustworthiness of valuations: Bias and market perception, with Eli El-Al and Ilanit Gavious. Revise and Resubmit from the Finance Research Letters.

24.     Cash conversion cycle and bargaining power in the product market: a global perspective, with Thomas Lindner, Offer Shapir and Rodrigo Zeidan. [Article]

25.     Country financial development and the extension of trade credit by firms with market power, with Offer Shapir and Rodrigo Zeidan.

26.     National culture and working capital management, with Offer Shapir and Eva Varon.

 

Unpublished paper

1.         The quality of corporate credit ratings: an empirical analysis. [Article]

 

                     הוראה

 

                  להלן רשימת הקורסים שלימדתי בשנים האחרונות:

 

-       ניתוח נתונים פיננסיים

-       יסודות המימון (1 ו-2)

-       תמחור אג"ח

-       מימון חברות

-       אופציות וחוזים עתידיים

-       שיטות אמפיריות במימון

-       סמינר במימון אמפירי

-       ניהול סיכונים במוסדות פיננסיים

 

קורסים נוספים שלימדתי בעבר:

 

-       יסודות הכלכלה

-       מבוא למיקרו כלכלה

-       מבוא למקרו כלכלה

-       יסודות החשבונאות לכלכלנים

-       תורת המחירים א'

-       תורת המחירים ב'