Zobrazeno 1 - 10
of 21
pro vyhledávání: '"SAMUEL M. HARTZMARK"'
Publikováno v:
The Journal of Finance. 77:2183-2238
Autor:
Samuel M. Hartzmark, Kelly Shue
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
The Quarterly Journal of Economics. 136:1665-1717
We examine how owning a good affects learning and beliefs about its quality. We show that people have more extreme reactions to information about a good they own compared with the same information about a nonowned good: ownership causes more optimist
Publikováno v:
The Journal of Finance. 74:2789-2837
Examining a shock to the salience of the sustainability of the U.S. mutual fund market, we present causal evidence that investors marketwide value sustainability: being categorized as low sustainability resulted in net outflows of more than $12 billi
Autor:
David H. Solomon, Samuel M. Hartzmark
Publikováno v:
SSRN Electronic Journal.
We demonstrate that predictable uninformed cash flows forecast market and individual stock returns. Buying pressure from dividend payments (announced weeks prior) predicts higher value-weighted market returns, four times greater on the top quintile o
Autor:
Samuel M Hartzmark, David H Solomon
Publikováno v:
SSRN Electronic Journal.
Investors’ perception of performance is biased because the relevant measure, returns, is rarely displayed. Major indices ignore dividends, thereby underreporting market performance. Newspapers are more pessimistic on ex-dividend days, consistent wi
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
SSRN Electronic Journal.
Many researchers in finance and economics are interested in running online surveys or experiment, but do not know the particulars of how to implement them. Our goal is to provide the basic information to create a useful survey and post it online so y
Autor:
Samuel M. Hartzmark, David H. Solomon
Publikováno v:
Annual Review of Financial Economics. 10:499-517
We review the literature on recurring firm events and predictable returns. Many common firm events recur on a predictable basis, such as earnings and dividends, among others. These events tend to be associated with large positive returns in the perio
Autor:
Kelly Shue, Samuel M. Hartzmark
Publikováno v:
The Journal of Finance. 73:1567-1613