Patrick Kelly
Assistant Professor
Patrick J. Kelly is an assistant professor of finance who teaches undergraduate principles courses and theory courses in USF’s MBA and doctoral programs. He received USF’s Outstanding Undergraduate Teacher Award in 2007.
Kelly's research interest is in empirical asset pricing. His recent work has concentrated on international finance and market efficiency as it relates to the nature and flow of information into asset prices. He has presented his work at numerous conferences and universities in the U.S. and Europe.
Kelly earned a PhD in finance and a master’s in economics from the W.P. Carey School of Business at Arizona State University. He also earned an undergraduate degree in political science from the University of California, San Diego. Prior to joining USF in 2005, he served as an instructor at Arizona State University. Kelly is a member of the American Economics Association, American Finance Association, FMA International, and the Society for Financial Studies. He taught English as a Foreign Language in Poland and volunteered as an English teacher for the U.S. Peace Corps.
- Vita (pdf)
room: BSN 3131 | phone: 813.974.6358 | fax: 813.974.3084 | patrick@usf.edu
Teaching
- FIN 4504 - Principles of Investments
- FIN 6804 - Theory of Finance
- FIN 6515 - Investments
Current Research
- “Do Market Efficiency Measures Yield Correct Inferences? A Comparison of Developed and Emerging Markets” with John M. Griffin and Federico Nardari, 2010, Review of Financial Studies, 23(8), 3225-3277. Internet appendix.
- “Sentiment and Stock Returns: the SAD anomaly revisited” with Felix Meschke, 2010,
Journal of Banking and Finance, 34(6), 1308-1326. View PDF of last working paper version.
Service
Serves on the finance department's doctoral committee and is deeply involved with the finance doctoral program.

