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Education
Florida State University
Tallahassee, Florida, Expected 2010
Ph.D. in Finance, support areas in Econometrics and Real Estate
Massachusetts Institute of Technology
Cambridge, Massachusetts, 2005
M.S. in Real Estate Development
University of Utah
Salt Lake City, Utah, 1999
B.S. in Finance
Research
Working Papers
"Earnings Conference Call Content and Stock Return: The Case of REITs”
with James S. Doran and David R. Peterson
"Examining the Sellers' Loss Aversion Behavior in the Housing Market” with Dean Gatzlaff
"Florida's "Save Our Homes” Amendment and Property Tax Incidence” with Dean Gatzlaff and Marc Smith Revise and Resubmit at the Journal of Housing Economics
Work in Progress
"Pitching IPOs: Exaggeration and the Marketing of Financial Securities" with James S. Ang
"Risk and Uncertainty in Initial Public Offerings" with James S. Ang and Huang Fangliang
Grant
"Analytical Services Relating to Property Taxation: An Analysis of the Effects of Florida’s 'Save Our Homes' Constitutional Amendment and Proposed Alternatives" for the Florida Legislature's Office of Economic and Demographic Research. Joint work by the Schimberg Center for Housing Affordability, University of Florida; Bureau of Economic and Business Research, University of Florida; Center for Real Estate Education and Research, Florida State University (Dr. Dean Gatzlaff & Dr. Stacy Sirmans) and the Claude Pepper Institute, Florida State University. pp 1-256, 2007.
Citation
Master's Thesis, Multiple Asset Class Investing: Equilibrium Asset Pricing Evaluation of Real Estate Risk and Return across Four Quadrants, coauthored with Nan Li, 2005, cited in the following textbook:
Geltner, D., N. Miller, J. Clayton, and P. Eichholtz. Commercial Real Estate Analysis and Investments, Second Edition, Thomson South-Western, Mason, Ohio. 2007.
Presentations
"Earnings Conference Call Content and Stock Return: The Case of REITs" AREUEA Mid-Year Conference, June, 2009 (Also accepted for presentation at the FMA Meetings in Reno, Nevada, October 2009)
"Critical Issues Affecting REIT Performance" Massachusetts Institute of Technology, Center for Real Estate, March, 2009
"Pitching IPOs: Exaggeration and the Marketing of Financial Securities" Florida State University, Department of Finance, August, 2008 (Also presented by James Ang at the Sixth Corporate Finance Day, Erasmus University, September 2008)
Personal Website: www.mckayprice.com
Teaching Experience
Instructor, FIN 3244 – Financial Markets, the Financial System, and Fundamentals of Investing
Florida State University, Summer 2007, Summer 2008, Summer 2009
Teaching Assistant, FIN 4504 – Investments
Florida State University, Fall 2006, Fall 2007
FIN 3403 – Financial Management of the Firm
Florida State University, Spring 2008, Fall 2008, Spring 2009
Related Industry Experience
Real Estate Manager, Target Corporation
Minneapolis, Minnesota
Commercial Real Estate Broker, NAI Utah Commercial Real Estate, Inc.
Salt Lake City, Utah
Professional Affiliations
American Finance Association
Financial Management Association
American Real Estate and Urban Economics Association
CCIM Institute Designee
Real Estate Broker Licensee
Honors and Awards
- Presidential University Fellowship (Florida State University)
- University Outstanding Teaching Assistant Award (Florida State University)
- College of Business Doctoral Teaching Award (Florida State University)
- Congress of Graduate Students Research Travel Grant (Florida State University)
- Magna Cum Laude (University of Utah)
- Dean's List every quarter/semester of undergraduate study (University of Utah)
- President's Award, 1997, 1998, 1999 (University of Utah)
- Academic Scholarship (University of Utah)
- C. Veryl Benzley Scholarship (University of Utah)
Dissertation
Title: “Earnings Conference Call Content, Uncertainty, and the Post-Earnings-Announcement Drift”
“Information Uncertainty and the Post-Earnings-Announcement Drift Anomaly: Insight from REITs”
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Location & Hours
850/644-4220