If you made any changes in Pure these will be visible here soon.

Personal profile

Biography

Philip Gray is a professor in the Department of Banking and Finance.



Prior to joining Monash in 2011, Philip Gray spent 12 years at the University of Queensland where he held positions as Professor of Finance, Finance Cluster Leader and Director of Research, and 8 years at Queensland University of Technology.

He has broad teaching experience in derivative valuation, risk management, empirical finance, asset pricing and MBA finance and has delivered courses at AGSM, Melbourne Business School, QUT, and the University of Queensland.

Phil's research interests lie in empirical finance and capital markets (e.g., stock market anomalies, risk-based explanation of the cross-section of returns). He also applies quantitative techniques to value derivative securities. His research has been published in journals including the Journal of Futures Markets, the Journal of Banking and Finance, the Journal of Business, Finance and Accounting, the International Review of Finance, the International Journal of Forecasting, the Economic Record, Accounting and Finance and the Australian Journal of Management.

Research area keywords

  • empirical finance
  • asset pricing
  • option pricing

Network Recent external collaboration on country level. Dive into details by clicking on the dots.

Projects 2007 2021

Research Output 1995 2019

Investment-related anomalies in Australia: evidence and explanations

Cao, V. N., Gray, P. & Zhong, A., Jan 2019, In : International Review of Financial Analysis. 61, p. 97-109 13 p.

Research output: Contribution to journalArticleResearchpeer-review

The enduring and evolving influence of Ball and Brown (1968)

Benson, K., Chang, M., Gray, P. & Wright, S., 1 Feb 2019, In : Australian Journal of Management. 44, 1, p. 153-159 7 p.

Research output: Contribution to journalArticleOtherpeer-review

The profitability of trading on large Lévy jumps

Chan, K. F., Gray, P. & Pan, Z., 2019, (Accepted/In press) In : International Review of Finance. 9 p.

Research output: Contribution to journalLetterResearchpeer-review

Treasury rates no longer predict returns: a reappraisal of Breen, Glosten and Jagannathan (1989)

Gray, P. & Huynh, T., 2019, (Accepted/In press) In : Critical Finance Review. 16 p.

Research output: Contribution to journalArticleResearchpeer-review

Open Access

The profitability of trading NOA and accruals: one effect or two?

Gray, P., Liao, I. S. & Strydom, M., 1 Jul 2018, In : International Review of Financial Analysis. 58, p. 211-224 14 p.

Research output: Contribution to journalArticleResearchpeer-review

Activities 1991 1991

  • 1 Membership of an advisory panel/policy group/ board

CPA Australia (External organisation)

Phil Gray (Member)
1 Jan 199131 Dec 2011

Activity: Industry, Government and Philanthropy Engagement and PartnershipsMembership of an advisory panel/policy group/ board