Zobrazeno 1 - 10
of 10
pro vyhledávání: '"Elias Rantapuska"'
Publikováno v:
Frontiers in Psychology, Vol 8 (2017)
We build on the social heuristics hypothesis, the literature on the glucose model of self-control, and recent challenges on these hypotheses to investigate whether individuals exhibit a change in degree of trust and reciprocation after consumption of
Externí odkaz:
https://doaj.org/article/ea0a287b1670407fa00d4bab8fd1683b
Irrevocable commitments (ICs) are undertakings by target‐firm blockholders to accept an upcoming takeover bid before its announcement. Using a novel manually‐collected dataset, we develop three new hypotheses and explore one existing hypothesis t
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::5de3a772a74d0f616bc61905f43c1e48
https://aaltodoc.aalto.fi/handle/123456789/110465
https://aaltodoc.aalto.fi/handle/123456789/110465
Publikováno v:
The Journal of Finance. 72:133-166
We trace the impact of formative experiences on portfolio choice. Plausibly exogenous variation in workers’ exposure to a depression allows us to identify the effects and a new estimation approach makes addressing wealth and income effects possible
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::43e98c7b0ce1b8bd96574275c7a9d68e
https://doi.org/10.1111/jofi.12469
https://doi.org/10.1111/jofi.12469
Publikováno v:
SSRN Electronic Journal.
The returns individuals earn on financial wealth correlate positively across generations. We establish this result by analyzing the full population of household investors in Finland. The correlation extends to both historical and expected returns and
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::60016010503c9185a0a95b66e6cc11c3
https://doi.org/10.2139/ssrn.2857053
https://doi.org/10.2139/ssrn.2857053
Autor:
Markku Kaustia, Elias Rantapuska
Publikováno v:
JOURNAL OF BANKING AND FINANCE. 36(8):2366-2378
We provide evidence of households’ stock market trading in response to clearly identifiable positive cash flow shocks: dividend payments and tender offer proceeds. Transaction cost motives appear important, and there is some support for rational po
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::9a67f95749556dcf38246481de13b8fe
http://juuli.fi/Record/0340490112
http://juuli.fi/Record/0340490112
Autor:
Elias Rantapuska
Publikováno v:
Journal of Financial Economics. 88:355-374
This study examines ex-dividend day trading behavior of all investors in the entire Finnish stock market. Consistent with the dynamic dividend clientele explanation, investors with a preference for dividend income buy shares cum-dividend and sell ex-
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::a7e5c5caf72a40f5c44fa29468990340
https://doi.org/10.1016/j.jfineco.2007.12.001
https://doi.org/10.1016/j.jfineco.2007.12.001
Autor:
Samuli Knüpfer, Elias Rantapuska
Publikováno v:
Review of Finance. 12(4):701-733
This study documents patterns of investor behavior around Finnish rights issues. We find that shareholders of issuing companies lost at least €9.9 million in aggregate from 1995 to 2002 by exercising rights too early, selling rights in the open mar
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::62f40db0b564a020b29845db66874b1f
http://hdl.handle.net/10.1093/rof/rfn018
http://hdl.handle.net/10.1093/rof/rfn018
Publikováno v:
SSRN Electronic Journal.
Formative experiences are a natural candidate for explaining heterogeneity in portfolio choice. However, identifying their impact is challenging because experiences can correlate with unobservables and they may lead to changes in wealth and other det
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::b61a3407ca3fdaba55c54847687b5f30
https://doi.org/10.2139/ssrn.2275930
https://doi.org/10.2139/ssrn.2275930
Autor:
Markku Kaustia, Elias Rantapuska
Publikováno v:
SSRN Electronic Journal.
We test whether investor mood affects trading with data on all stock market transactions in Finland, utilizing variation in daylight and local weather. We find some evidence that environmental mood variables (local weather, length of day, daylight sa
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::73602d5869b4b2a7d32e64f4fe5ef369
https://doi.org/10.2139/ssrn.1875645
https://doi.org/10.2139/ssrn.1875645
Autor:
Elias Rantapuska
Publikováno v:
SSRN Electronic Journal.
This study documents how much investors reinvest dividends and tender offer proceeds. I find that households reinvest only a small proportion of funds within two weeks, less than 1% of cashdividends and around 10% of tender offer proceeds. Tender off
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::14356fef8c08c764a2774eed2f630824
https://doi.org/10.2139/ssrn.675981
https://doi.org/10.2139/ssrn.675981