Ryan D. Israelsen Kelley School of Business Indiana University 1309 E. Tenth Street Bloomington, IN 47405-1701 Ph: (812) 855-8435 Fax: (812) 855-5875 Email: risraels@indiana.edu SSRN Page CV ACADEMIC EXPERIENCE: Assistant Professor of Finance, Kelley School of Business, Indiana University, 2009-present EDUCATION: PhD, Finance, Ross School of Business at the University of Michigan, 2009 MS, Financial Engineering, University of Michigan, 2003 BA, Economics, Huntsman School of Business at Utah State University, 2000

---

RESEARCH INTERESTS:

---

Asset Pricing, Intangible Capital, Information, Real Estate Finance.

---

PUBLICATIONS:

---

"How Quickly do Equity Prices Converge to Intrinsic Value?" (with Capozza), 2010, Journal of Investment Management 8(4): 1-13. (download paper)

"Predictability in Equilibrium: The Price Dynamics of Real Estate Investment Trusts" (with Capozza), 2007, Real Estate Economics 35(4): 541-567.(download paper)

"Appraisal, Agency, and Atypicality: Evidence from Manufactured Homes" (with Capozza and Thomson), 2005, Real Estate Economics 33(3): 509-537.

---

WORKING PAPERS:

---

"Key Human Capital" (with Yonker) (Previously titled "The Key Man Premium") (November, 2012 - download .pdf).

• Presented at Conference on Financial Economics and Accounting, USC (2012)
• Presented at Florida State University SunTrust Beach Conference (2012)
• Presented at Utah State University (2012)
• Presented at Cornell (2011) (by coauthor)
• Mentioned in Daredevil CEO's may put their companies at risk (Reuters, 2/7/2012)

"Does Correlated Analyst Coverage Explain Excess Comovement?" (July, 2012 - download .pdf)

• Revise and Resubmit, Journal of Financial and Quantitative Analysis
• Presented at American Finance Association Meetings, Chicago (2012)
• Presented at State of Indiana Conference, South Bend, IN (2011)
• Presented at Brigham Young University (2011)
• Presented at Utah State University (2011)
• Presented at Conference on Financial Economics and Accounting, College Park, MD (2010)
• Presented at Financial Management Association Annual Meetings, New York City (2010)
• Semifinalist, Best Paper in Investments, 2010 FMA meeting

"Investment Based Valuation and Mangerial Expectations" (previously entitled 'Investment Based Valuation') (November, 2010 - download .pdf, SSRN's Top Ten recent download list).

• Presented at Indiana University (2009)
• Presented at Penn State (2009)
• Presented at North Carolina (2009)
• Presented at Houston (2009)
• Presented at Notre Dame (2009)
• Presented at Brigham Young University (2008)
• Presented at Utah State University (2008)

---

WORKS IN PROGRESS:

---

"Bubbles" (with Tyler Shumway and Brian Boyer)

"Momentum, Reversion and Intrinsic Value" (with Dennis Capozza)


"The Cross Section of Returns, and Learning about Profitability"

---

TEACHING:

---

BUS F420: Equity and Fixed Income Investments, Spring 2010, 2011, 2012 (Indiana University) - Course Website is available to registered students.

BUS 201: Introduction to Finance, Summer 2007 (Brigham Young University)

FIN 317: Corporate Financial Theory and Practice, Fall 2005 (University of Michigan)

---

MEDIA MENTIONS:

---

• "Daredevil CEO's may put their companies at risk", Reuters, 2/7/2012)
• "Recovery Signs Mixed", Marion Chronicle-Tribune (Marion, IN), 6/14/2011
KVNU Radio, 01/27/2009

---

PERSONAL:

---

I am fluent in Italian. During the college basketball season, I maintain the website RPIforecast.com. With my limited free time, I enjoy restoring vintage Italian Lambrettas.