INGMAR NYMAN
WORK ADDRESS
Department of Economics
Hunter College
695 Park Avenue
New York, NY 10065
Telephone: (212) 772-5442
Fax: (212) 772-5398
E-mail: ingmar.nyman@hunter.cuny.edu
EDUCATION
Ph.D., Economics, Columbia University, 1996.
B.S., Economics and Business Administration, University of Göteborg, Sweden, 1986.
EMPLOYMENT
Assistant Professor, Department of Economics, Hunter College, The City University of New
York, 2000-present (tenure 2008).
Visiting Research Associate, SITE, Stockholm School of Economics, 2003-2004.
Visiting Assistant Professor, Department of Economics, Hunter College, The City University of
New York, 1998-2000.
Visiting Assistant Professor, Department of Economics, Brooklyn College, The City University
of New York, 1997-1998.
Adjunct Assistant Professor, Department of Economics, Columbia University, 1997-1998.
Adjunct Assistant Professor, Department of Economics, New York University, 1996-1997.
TEACHING EXPERIENCE
Graduate Courses Taught: Industrial Organization, Corporate Governance.
Undergraduate Courses Taught: Principles of Economics; Principles of Microeconomics;
Principles of Macroeconomics; Intermediate Microeconomics; Industrial Organization;
Introduction to Game Theory; Corporate Finance; Investment and Financial Markets; The Theory
of the Firm.
RESEARCH INTERESTS
Microeconomics; Corporate Finance.
RESEARCH FELLOWSHIPS AND GRANTS
PSC-CUNY Research Award, 2001, 2004, 2007, 2009, 2011.
The Wallander Post-Doctoral Fellowship, Department of Finance, The Stockholm School of
Economics (declined), 1997.
Dissertation Fellowship, Jan Wallander and Tom Hedelius Foundation for Research in the Social
Sciences, Stockholm, Sweden, 1993-1996.
PUBLICATIONS
Cummins, Jason G. and Ingmar Nyman (2013). “Yes-Men in Tournaments.” Journal of
Institutional and Theoretical Economics JITE 169 (4): 621-659.
Golbe, Devra L. and Ingmar Nyman (2012). “How do Share Repurchases Affect Ownership
Concentration?” Journal of Corporate Finance 20 (1): 22-40.
Cummins, Jason G. and Ingmar Nyman (2005). “The Dark Side of Competitive Pressure,” RAND
Journal of Economics 36 (2): 361-377.
Nyman, Ingmar (2005). “Stock Market Speculation and Managerial Myopia,” Review of
Financial Economics 14 (1): 61-79.
Cummins, Jason G. and Ingmar Nyman (2004). “Optimal Investment With Fixed Financing
Costs,” Finance Research Letters. 1 (4): 226-235. Reprinted in V. Subbulakshmi,
Corporate Finance – Research Insights, Punjagutta, India: ICFAI Books.
WORKING PAPERS
“Job Hoarding” (joint with Matthew Baker), under review.
“Managerial Myopia, Hidden Information, and Over-Investment,” under revision.
“The Effect of Share Repurchase on Inside Ownership,” (joint with Devra Golbe).
“Herd Behavior in R&D Races and Learning Inefficiencies from Patent Protection,” under
revision.
PAPER PRESENTATIONS
CUNY/Brooklyn College, CUNY/Hunter College, CUNY/Graduate Center, CUNY/Queens
College, Fordham University, Göteborg University, Lund University, The Milken Institute for
Job and Capital Formation, The Stockholm School of Economics, Stockholm University,
SUNY/Stony Brook, Umeå University.
Atlantic Economic Association Annual Meeting, Philadelphia, PA, October 2013; Frontiers of
Corporate Finance, University of Stavanger Business School, June 2013; Tournaments, Contests,
and Relative Performance Evaluation, Raleigh, NC, March 2008; European Meeting of the
Econometrics Society, Stockholm, August 2003; Eastern Economic Association Annual Meeting,
New York, NY, February 1998; Atlantic Economic Association Annual Meeting, Washington,
DC, October 1996.
PROFESSIONAL ACTIVITIES
Consultant
Senior Research Consultant, National Economic Research Associates, 1999.
Referee
Economic Inquiry, Economic Journal, European Economic Review, Financial Management,
Journal of European Economic Association, RAND Journal of Economics, Oxford Economic
Papers.