Dr. Steven J. Cochran


Office Address: 333 Bartley

Office Phone: 610-519-6914

E-Mail Address:

Starting Date at Villanova: 1987

Degrees Earned: B.A., 1975, M.B.A., 1983, Ph.D., 1988, University of Cincinnati

Areas of Specialization: Market Efficiency, Macrofinance, Predictability in Accounting Income and Cash Flows.


Courses Taught - Spring 1999

Finance 2323 - Section 001 -- Introduction to Investments: MWF, 8:30 to 9:20am, 206 Bartley

Finance 2323 - Section 002 -- Introduction to Investments: MWF, 9:30 to 10:20am, 206 Bartley

Finance 8434 - Section 001 -- Case Studies in Finance: W, 6:00 to 8:45pm, 201 Bartley


Most Recent Research Publications


"New Evidence on Predictability in World Equity Markets," Steven J. Cochran and Robert H. DeFina. Journal of Business Finance and Accounting 22 (1995):845-54.

"Mean Reversion in Stock Prices: Tests Using Duration Models," Steven J. Cochran and Robert H. DeFina. Managerial Finance 21 (1995):3-24.

"Mean Reversion in Stock Prices: An Error-Correction Approach," Steven J. Cochran and Robert H. DeFina. Managerial Finance 21 (1995):25-42.

"International Evidence on Mean Reversion in Stock Prices," Steven J. Cochran and Robert H. DeFina. Quarterly Journal of Business and Economics 33 (1994):79-85.

"Predictable Components in Exchange Rates," Steven J. Cochran and Robert H. DeFina. Quarterly Review of Economics and Finance 35 (1995):1-14.

"Can Purchasing Power Parity Help Forecast the Dollar?" Steven J. Cochran and Robert H. DeFina. Journal of Forecasting 14 (1995):523-32.

"Predictability in Real Exchange Rates: Evidence from Parametric Hazard Models," Steven J. Cochran and Robert H. DeFina. International Review of Economics and Finance 5 (1996):.

"Duration Dependence in the U.S. Stock Market Cycle: A Parametric Approach," Steven J. Cochran and Robert H. DeFina. Applied Financial Economics 5 (1995):309-18.


Dr. Cochran's Vita