Photo of Mark Jenkins

Mark Jenkins

Assistant Professor of Finance

Research Interests: applied econometrics, consumer credit, corporate finance, industrial organization

Links: CV

Contact Information

Address: 2338 Steinberg-Dietrich Hall, 3620 Locust Walk, Philadelphia, PA 19104
Email: mjenk@wharton.upenn.edu
Office: (215) 898-1118

Overview

Education

Ph.D., Stanford University, 2010

B.S.E., Duke University, 2001

Academic Positions Held

Wharton: 2009-present

Other Positions

Research Associate, The Brattle Group, 2001-2004

Research


  • Mark Jenkins, David Smith (Working), Creditor Conflict and the Efficiency of Corporate Reorganization.  Abstract
  • Mark Jenkins, Liran Einav, Jonathan Levin (2013), The Impact of Credit Scoring on Consumer Lending, The Rand Journal of Economics, 44 (2), 249 - 274.  Abstract
  • Mark Jenkins (Working), Measuring the Costs of Ex Post Moral Hazard in Subprime Lending.
  • Mark Jenkins, Liran Einav, Jonathan Levin (2012), Contract Pricing in Consumer Credit Markets, Econometrica, 80 (4), 1387 - 1432.  Abstract
  • Mark Jenkins, Paul Liu, Rosa Matzkin, Daniel McFadden (Working), The Browser War: Econometric Analysis of Markov Perfect Equilibrium in Markets with Network Effects.  Abstract

Awards And Honors

Courses

Previous

  • FNCE399 - Supervised Study in Finance

    Integrates the work of the various courses and familiarizes the student with the tools and techniques of research.

  • FNCE891 - ADVANCED STUDY PROJECT - CORPORATE RESTRUCTURING

    The objective of this course is to familiarize students with financial, legal and strategic issues associated with the corporate restructuring process. The main focus of the course will be on the restructuring of financially distressed firms. We'll begin by reviewing the financial instruments commonly used by risky firms (leveraged loans and high-yield bonds) and learn to interpret the contracts that govern them. We'll then survey a variety of restructuring methods (out-of-court workouts, exchange offers, prepackaged and pre-negotiated bankruptcies, Chapter 11 reorganizations, international insolvency practices) available to troubled firms and study the dynamics of the restructuring process through a number of historical and current case studies. Finally, we'll consider distressed debt as an asset class and develop techniques for investing in distressed securities. The course will provide students with tools to value distressed companies, understand the legal framework governing bankruptcy and reorganization, and navigate the key strategic issues facing managers and investors in distressed companies. It willalso provide students with a specialized vocabulary and important facts about the restructuring industry, distress investing, and leveraged financial markets.