Hitesh Doshi

Bauer Professor of Finance

Office: 230D Melcher Hall
Phone: (713) 743-4777
E-mail: hdoshi@bauer.uh.edu

Curriculum Vitae (PDF)

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Education

• Ph.D., McGill University, Management (Finance), 2011.
• M.S., University of Houston, Electrical Engineering, 2004.
• B.E., L.D. College of Engineering, Electrical Engineering (Instrumentation & Control), 2001.

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Publications

• Boutchkova, M., H. Doshi, A. Durnev, and A. Molchanov, 2012, “Precarious Politics and Return Volatility,” Review of Financial Studies, 25, 1111-1154
• Doshi, H., J. Ericsson, K. Jacobs, and S. Turnbull, 2013, “Pricing Credit Default Swaps with Observable Covariates,” Review of Financial Studies, 26, 2049-2094
  • Received best paper award at the Mathematical Finance Days conference organized by HEC Montreal and IFM²
• Doshi, H., R. Elkamhi, and M. Simutin, 2015, “Managerial Activeness and Mutual Fund Performance,” Review of Asset Pricing Studies, 5, 156-184 (Editor’s Choice/Lead Article)
  • Winner of best paper in Review of Asset Pricing Studies
• Doshi, H., K. Jacobs, and V. Zurita, 2017, “Economic and Financial Determinants of Credit Risk Premiums in the Sovereign CDS Market,” Review of Asset Pricing Studies, 7, 43-80
• Doshi, H., P. Kumar, and V. Yerramilli, 2018, “Uncertainty, Capital Investment and Risk Management,” Management Science, 64, 5769-5786.
• Doshi, H., R. Elkamhi, and C. Ornthanalai, 2018, “The Term Structure of Expected Recovery Rates,” Journal of Financial and Quantitative Analysis, 53, 2619-2661.
• Doshi, H., K. Jacobs, and R. Liu, 2018, “Macroeconomic Determinants of the Term Structure: Long-run and Short-run Dynamics,” Journal of Empirical Finance, 48, 99-122.
• Doshi, H., K. Jacobs, P. Kumar, and R. Rabinovitch, 2019, “Leverage and the Cross-section of Equity Returns,” Journal of Finance, 74, 1431-1471.
• Choi, Y., H. Doshi, K. Jacobs, and S. Turnbull, 2020, “Pricing Structured Products with Economic Covariates,” Journal of Financial Economics, 135, 754-773.
• Doshi, H., K. Jacobs, and R. Liu, 2021, “Information in the Term Structure: A Forecasting Perspective, ” Management Science, 67, 5255-5277.
• Chen, S., H. Doshi, and S. Seo, 2023, “Synthetic Options and Implied Volatility for the Corporate Bond Market, ” Journal of Financial and Quantitative Analysis, 58, 1326-1358.
• Chabi-Yo, F., H. Doshi, and V. Zurita, 2023, “Never a Dull Moment: Entropy Risk in Commodity Markets, ” Review of Asset Pricing Studies, 13, 734-783.
• Doshi, H., S. Patel, S. Ramani, and M. Sooy, 2023, “Uncertain Tone, Asset Volatility and Credit Default Swap Spreads, ” Journal of Contemporary Accounting and Economics, 19.

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Working Papers

• Capital Investment, Equity Returns and Aggregate Dynamics in Oligopolistic Production Economies (with Praveen Kumar)
  • Revise and resubmit – Review of Financial Studies
• Options on Interbank Rates and Implied Disaster Risk (with Hyung Joo Kim and Sang Seo)
  • Revise and resubmit – Journal of Financial and Quantitative Analysis
• Modeling Volatility in Dynamic Term Structure Models (with Kris Jacobs and Rui Liu)
  • Revise and resubmit – Journal of Financial Economics
• The Risk and Return of Equity and Credit Index Options (with Jan Ericssion, Mathieu Fournier, and Sang Seo)
  • Revise and resubmit – Journal of Financial Economics
• Asset Pricing Implications and Estimation of a Multi-Sector General Equilibrium Model (with Praveen Kumar)
• Accounting Transparency and the Implied Volatility Skew (with Jan Ericsson, Stephen Szaura, and Fan Yu)
• Corporate Hedging, Investment, and Higher Moments of Stock Returns (with Praveen Kumar and Virgilio Zurita)
• Federal Reserve Speeches and Sovereign Credit Risk (with Abhinav Anand, Ankit Kumar, and Jalaj Pathak)