Skip to main content

Professor of Finance

Year Joined RCNJ: 1998

Contact Information

  • Phone: (201) 684-7037
  • Email: jhecht@ramapo.edu
  • Office: ASB-208
  • Office Hours: Mon/Thurs 1:00 PM - 2:00 PM & 4:00 PM - 4:30 PM

Education:

  • B.A., S.U.N.Y., Oneonta
  • M.A., S.U.N.Y., Binghamton
  • M.A., Ph.D., New School for Social Research

Courses Offered:

  • Commercial Bank Management
  • Corporate Finance I
  • Econometrics
  • Financial and Economic Forecasting
  • Risk Management and Insurance
  • Securities and Investments

Teaching Interest:

  • Corporate Finance
  • Commercial Bank Management
  • Securities and Investments
  • Risk Management and Insurance
  • Econometrics
  • Financial and Economic Forecasting

Research Interest:

  • Stock Returns and Real Profitability
  • Pooling Models of Profitability
  • Competition and Technological Change in Financial Services
  • Duration, Convexity, and Interest Rate Risk in ALM for Banking and Insurance Companies
  • Financial and Economic History

Recent Publications:

  • Hecht, J. (2018).  Research and Development and Labor Productivity:Do High-Tech Firms Exhibit Labor or Capital Saving Technical Change? Applied Economics, 50:3, 234-255.
  • Hecht, J. (2017) Profitability and Persistence of New Jersey Community Banks.   Banking and Finance Review, 9:2, 1-18.
  • Hecht, J. (2014). Is net stock issuance relevant to capital formation? Comparing heterodox models of firm-level capital expenditures across the advanced and largest developing economies. Cambridge Journal of Economics. 38 (5), 1171-1206.
  • Hecht, J. (2014). Is Equity Finance, Macroeconomic Growth and Capital Intensity Relevant to Firm-Level R&D Expenditures? International Journal of Economics and Finance. 6 (9), 11-27
  • Hecht, J. (2013). Are mega-corps competitive? Some empirical test of business competition, Alternative Theories of Competition, (Eds) Moudud, J., Bina, C., Mason, P.L., (London: Routledge)
  • Hecht, J. & Haye, E. M. (2009).  Modeling the Recent Capital Structure of American, Chinese, and Indian Firms.   Financial Decisions, 21 (1).
  • Hecht, J. & Haye, E. M. (2009).  Pooling vs. Panel Models of Leverage for American, Asian, and European Firms.   European Journal of Economics, Finance, and Administrative Sciences.
  • Hecht, J. (2008).  Modeling Profitability and Capital Intensity Using Panel Corrected Significance Tests.   Applied Financial Economics, 18 (18), 1501-1513.
Ramapo College of New Jersey recognizes the value of publishing on the Internet. The College does not preview, review, censor, or control the content of these pages in any way as a matter of course. This page and Web pages linked from this page are created by the authors, and do not in any way constitute official Ramapo College of New Jersey content.