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Ajay Palvia

Financial Economist

Ajay Palvia is a Financial Economist in the Policy Analysis Division of the Office of the Comptroller of the Currency (OCC).

Dr. Palvia’s research interests include financial institutions, corporate governance, corporate finance, and industrial organization.

Dr. Palvia joined the OCC in 2007 after completing a doctorate in economics from Cornell University. He also holds a master's degree in computer science from Penn State University and a bachelor of science in mathematics from Boston University.

  1. Barakova, Irina, Dennis Glennon and Ajay Palvia (2013). “Sample Selection Bias in Acquisition Credit Scoring Models,” Journal of Credit Risk. Vol 9 (3), Fall 2013
  2. Gaul, Lewis and Ajay Palvia (2013). "Are Regulatory Management Evaluations Informative About Bank Accounting Returns and Risk?” Journal of Economics and Business,  Vol 66. March–April 2013, Pages 1–21
  3. Palvia, Ajay (2012). “Managerial, Turnover, Regulatory Oversight, and Performance: Evidence from Community Banks”, Book chapter in International Research Handbook for Banking and Governance, James R. Barth, Chen Lin and Clas Wihlborg (Editors), Edward Elgar Publishing  , 2012
  4. Palvia, Ajay (2011)."Banks and Managerial Discipline: Does Regulatory Monitoring Play a Role?", The Quarterly Review of Economics and Finance, Volume 51, Issue 1, February 2011, Pages 56-68
  5. Barakova, Irina and Ajay Palvia (2010). “Limits to relative performance evaluation,” Journal of Financial Economic Policy, Vol 2 (3), Pages 214 - 236
  1. Barakova, Irina and Ajay Palvia (2013). “Consistency of Risk Weights under the Internal-Ratings-Based-Approach?”
  2. Ben-David, Itzhak,  Ajay Palvia, and Chester Spatt (2013). “Banks’ Internal Capital Markets and Deposit Rates”
  3. Balasubramnian, Bhanu and Ajay Palvia (2013). “Market Discipline of Banks: Signals from short sellers around supervisory rating changes”
  4. Palvia, Ajay, Emilia Vähämaa,  and Sami Vähämaa (2013). “Are Female CEOs and Chairwomen More Conservative and Risk Averse? Evidence from the Financial Crisis.”
  5. Gaul, Lewis, Ajay Palvia, Jonathon Jones,  and Pinar Uysal and (2013). " Takeover Defense Provisions, Equity Volatility, , and the Cost of Bank Loans"
  6. Palvia, Ajay and Dilip Patro (2011). “Re-Examining the Role of Market Discipline for Bank Supervision: Evidence from the Subprime Crisis"
  7. Grinstein, Yaniv and Ajay Palvia (2010). “Executive Loans, Corporate Governance, and Firm Performance: Evidence from Banks”