Daniel Kim

Assistant Professor, Finance

Office: HH-386F

Contact: (519)888-4567

Email: daniel.kim2@uwaterloo.ca

Personal website: Daniel Kim website

Past Academic Employment

Assistant Professor of Finance, BI Norwegian Business School, Norway (June 2019 – Aug 2023)


Ph.D. in Finance, The Wharton School, University of Pennsylvania (2019)

M.S. in Quantitative Finance, Carroll School of Management, Boston College (2013)     

M.Eng in Electrical Engineering and Computer Science, Massachusetts Institute of Technology (2006)

B.S. in Applied Mathematics / Electrical Engineering, Massachusetts Institute of Technology (2005)


  1. How Large Are Pre-Default Costs of Financial Distress? with Redouane Elkamhi and Marco Salerno, Forthcoming at Management Science
  2. Agency Conflicts and Investment: Evidence from a Structural Estimation with Redouane Elkamhi, Chanik Jo, and Marco Salerno (2022), Review of Corporate Finance Studies
  3. Reexamining the Evidence on Gun Ownership and Homicide Using Proxy Measures of Ownership with Karim Chalak, Megan Miller, and John Pepper (2022), Journal of Public Economics, 208.
  4. Measurement Error Without the Proxy Exclusion Restriction, with Karim Chalak (2021), Journal of Business and Economic Statistics, 39 (1), 200-216
  5. Measurement Error in Multiple Equations: Tobin’s q and Corporate Debt, Investment, and Saving, with Karim Chalak (2020), Journal of Econometrics, 214 (2), 413-432

Working papers

  1. It’s not Easy Being Green with Jonathan A. Brogaard, Nataliya Gerasimova, and Maximilian Rohrer
  2. Do carbon emissions affect the cost of capital? Primary versus secondary corporate bond markets with Sébastien Pouget
  3. Municipal Bond Insurance and Public Infrastructure: Evidence from Drinking Water with Ashwini Agrawal
  4. Investment-q sensitivity: factoring-in the entire population of firms with Ilan Cooper, and Moshe Kim
  5. Estimating the Feedback Among Credit Rating Agencies and its Impact on the Municipal Bond Market with Karim Chalak
  6. Evolution of Debtor Rights

Current projects

  1. Using Higher Order Moments to Estimate Equations with Differential Measurement Error with Karim Chalak
  2. Geographical Q with Nicholas Chen, Ran Duchin, and Yifan Zhu

News stories

It's Not Easy Being Green

Non-Academic Employment

Senior Application Engineer/Project leader, Oracle Corporation, U.S.A. (2007-2012)