Zobrazeno 1 - 10
of 28
pro vyhledávání: '"Joel Peress"'
Publikováno v:
Journal of Financial and Quantitative Analysis. 57:704-760
We document that long-run excess returns following announcements of share buyback authorizations and insider purchases are a U-shaped function of firm centrality in the input–output trade-flow network. These results conform to a model of investors
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e1c6cfb9454f965a3d5243a54f31bd55
https://doi.org/10.1017/s0022109021000016
https://doi.org/10.1017/s0022109021000016
Autor:
Kenneth Robinson Ahern, Joel Peress
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::539aec05ca60b6f11aaefd97b8fa7940
https://doi.org/10.2139/ssrn.4178350
https://doi.org/10.2139/ssrn.4178350
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::05cb382c9c22792e2c1de102305b9995
https://doi.org/10.2139/ssrn.3779441
https://doi.org/10.2139/ssrn.3779441
Publikováno v:
SSRN Electronic Journal.
We document that hedge-fund and mutual-fund flows drive much of anomaly-return dynamics by, respectively, correcting and amplifying anomalies, and doing so slowly. Indeed, their contributions to the autocorrelation and volatility of anomaly returns a
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::63b82351ad0cf6db8cb0044976d613c1
https://doi.org/10.2139/ssrn.3675163
https://doi.org/10.2139/ssrn.3675163
Autor:
Daniel Schmidt, Joel Peress
Publikováno v:
Journal of Financial Markets. 54:100618
We estimate a realistic process for noise trading to help theorists derive predictions from noisy rational expectations models. We characterize the trades of individual investors, who are natural candidates for the role of noise traders because their
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::7e06bd587300bc5530cd969050e2c45f
https://doi.org/10.1016/j.finmar.2020.100618
https://doi.org/10.1016/j.finmar.2020.100618
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c182ec6c8e9d9d06c5339c4eb552f873
https://doi.org/10.2139/ssrn.3475438
https://doi.org/10.2139/ssrn.3475438
Autor:
Joel Peress
Publikováno v:
The Journal of Finance. 69:2007-2043
The media are increasingly recognized as key players in financial markets. I investigate their causal impact on trading and price formation by examining national newspaper strikes in several countries. Trading volume falls 12% on strike days. The dis
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::2bebbf6f8e46389d14e35819578d240a
https://doi.org/10.1111/jofi.12179
https://doi.org/10.1111/jofi.12179
Autor:
Joel Peress
Publikováno v:
Review of Financial Studies. 24:3187-3195
There is an error in my 2004 paper “Wealth, Information Acquisition and Portfolio Choice”. This note shows how to correct it by adjusting the hypotheses of the model. Specifically, it assumes that agents learn about the stock’s mean payoff rath
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::1048d86a931186d0ee79e33f39e8327d
https://doi.org/10.1093/rfs/hhr070
https://doi.org/10.1093/rfs/hhr070
Autor:
Joel Peress
Publikováno v:
Review of Financial Studies. 24(9):3187-3195
There is an error in my 2004 paper "Wealth, Information Acquisition and Portfolio Choice". This note shows how to correct it by adjusting the hypotheses of the model. Specifically, it assumes that agents learn about the stock's mean payoff rather tha
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::085eafb71a30cd835e09ee03ec500b6d
http://hdl.handle.net/10.1093/rfs/hhr070
http://hdl.handle.net/10.1093/rfs/hhr070
Autor:
Joel Peress
Publikováno v:
The Journal of Finance. 65:1-43
How does competition in firms’ product markets influence their behavior in equity markets? Do product market imperfections spread to equity markets? We examine these questions in a noisy rational expectations model in which firms operate under mono
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::f9300339d374460f0a284a108d2b72eb
https://doi.org/10.1111/j.1540-6261.2009.01522.x
https://doi.org/10.1111/j.1540-6261.2009.01522.x