Zobrazeno 1 - 10
of 124
pro vyhledávání: '"Benjamin M. Blau"'
Publikováno v:
PLoS ONE, Vol 17, Iss 12 (2022)
While prior research shows that pharmaceutical innovation generates measurable benefits for society, over the last 70 years, the innovative activities of pharmaceutical firms have dramatically declined. In this study, we develop and test the hypothes
Externí odkaz:
https://doaj.org/article/7c949a8e89a14a5db0df871add5a7223
Publikováno v:
Journal of bankingfinance.
Existing research suggests that retail trading is associated with volatility in financial markets. To extend the literature, we study the dynamic effects of retail trading on volatility during the COVID-19 pandemic. Using marketable retail trades ide
Publikováno v:
Review of Quantitative Finance and Accounting. 58:615-647
The literature is rich with examples of price clustering in financial markets. This study focuses on the relation between mutual fund ownership (both active and passive) and stock price clustering. To the extent that mutual funds are sophisticated in
Publikováno v:
Applied Economics. 53:4404-4416
We examine the link between income inequality and the price volatility of American Depository Receipts (ADRs). Using a large sample of ADRs across 37 countries, we find that income inequality is ne...
Autor:
Benjamin M Blau, Ryan J Whitby
Publikováno v:
PLoS ONE, Vol 12, Iss 11, p e0188517 (2017)
One of the foundations of financial economics is the idea that rational investors will discount stocks with more risk (volatility), which will result in a positive relation between risk and future returns. However, the empirical evidence is mixed whe
Externí odkaz:
https://doaj.org/article/ea62d6b74cc04575804ea8e02d4e75d2
Publikováno v:
Journal of Behavioral Finance. 23:301-315
Researchers have documented that individuals have a strong penchant for round numbers in a variety of settings, such as trading in financial markets. Beginning as early as the 1930s, empirical rese...
Publikováno v:
American Business Review, Vol 23, Iss 2, Pp 182-210 (2020)
The foundation of economic theory is based on the premise that prices will converge to their equilibrium value. However, prior research has documented that stock prices cluster on round pricing increments. In this study, we develop and test the hypot
Publikováno v:
Journal of Financial Services Research. 60:187-206
In this study, we develop and test the hypothesis that because of opacity, the stock prices of financial firms will cluster on round fractions more than the stock prices of non-financial firms. Indeed, we find that the stock prices of opaque financia
Publikováno v:
Tourism Analysis.
Prior research examines the link between the airline industry and the tourism industry and shows that the robustness of tourism is heavily dependent upon air transport. To further document the strength of this link, this study examines the impact of