Publications

The Institute of Finance and Financial Regulation (IFFR) academic fellows are pioneers in the creation of new knowledge in the fields of finance and financial regulation.  Their research creates new trends in academic research, it helps decoding the way that financial markets function and in many cases shapes the finance practice.

This research takes many years to be completed and get published.  The high quality of their research is also manifested by the fact that it gets published in the very best academic journals.  The acceptance rate of articles submitted to most of these journals is less than 10% and submitted papers have to go through a thorough review process where multiple reviewers are involved and multiple rounds of examination are requested by the Editors and reviewers.

The following is a list of indicative publications of the IFFR fellows.

2018

Andrikogiannopoulou, A. and Papakonstantinou, F. (2018). Individual Reaction to Past Performance Sequences: Evidence from a Real Marketplace, Management Science 64, 1957-1973.

Andrikogiannopoulou, A. and Papakonstantinou, F. (2018). Reassessing False Discoveries in Mutual Fund Performance: Skill, Luck or Lack of Power?  Journal of Finance, forthcoming.

Anthropelos, M., Kupper, M. and Papantoleon, A. (2018). An Equilibrium Model for Spot and Forward Prices of Commodities, Mathematics of Operations Research 43, 152-180.

Aretz, K., Florackis, C. and Kostakis, A. (2018). Do Stock Returns Really Decrease with Default Risk? New International Evidence, Management Science, 64, 3821-3842

Bao, J., O’Hara, M.  and Zhou, X. (2018). The Volker Rule and Bond Market Liquidity in Times of Market Stress, Journal of Financial Economics, forthcoming.

Badarinza, C., Campbell, Y, J. and Ramadorai, T. (2018).  What calls to ARMs? International evidence on interest rates and the choice of adjustable rate mortgages, Management Science 64, 2275-2288.

Badarinza, C. and Ramadorai, T. (2018). Home away from home? Foreign demand and London house prices, Journal of Financial Economics, forthcoming.

Barberis, N. (2018). Richard Thaler and the Rise of Behavioral Economics, Scandinavian Journal of Economics 120, 661-684.

Barberis, N., Greenwood, R., Jin, L.  and Shleifer, A. (2018). Extrapolation and Bubbles, Journal of Financial Economics 129, 203-227.

Bernales, A., Cortazar, G., Salamunic, L. and Skiadopoulos, S., G. (2018). Learning and Index Option Returns, University of Chile, Journal of Business and Economic Statistics, forthcoming.

Binder, J. (2018). The Supervisory Board of Credit Institutions Three Years after the “regulatory tsunami” -an inventory, in: ZGR, 88-125.

Binder, J. (2018). Credit Checks on Consumer Loans – Stocktaking and Recent Developments, in: ZIP, 1201-1211.

Billet, T., M., Floros, V., I., and Garfinkel, A., J. (2018). At-The-Market (ATM) offerings, Journal of Financial and Quantitative Analysis, forthcoming.

Campbell, Y., J., Ramadorai, T., and Ranish, B. (2018). Do the Rich get Richer in the Stock Market? Evidence from India, American Economic Review: Insights, forthcoming.

Eyster, E., Rabin, M. and Vayanos, D. (2018). Financial Markets where Traders Neglect the Informational Content of Prices, Journal of Finance, forthcoming.

Faccini, R., Konstantinidi, E., Skiadopoulos, S., G. and Sarantopoulou, S. (2018). A New Predictor of U.S. Real Economic Activity: The S&P 500 Option Implied Risk Aversion, Management Science, forthcoming.

Kogan, L., Papanikolaou, D., Seru, A. and Stoffman, N. (2018). Technological Innovation, Resource Allocation and Growth, Quarterly Journal of Economics 132(2).

Kondor, P. and Vayanos, D.  (2018). Liquidity Risk and the Dynamics of Arbitrage Capital, Journal of Finance, forthcoming.

Delikouras, S. and Kostakis, A. (2018). A Single-Factor Consumption-Based Asset Pricing Model, Journal of Financial and Quantitative Analysis, forthcoming.

Kranner, S., Stoughton, N. and Zechner, J. (2018). Lessons Learned from Student Managed Portfolios, Journal of Investment Management, forthcoming.

O’Hara, M., Wang, Y. and Zhou, X. (2018). The Execution Quality of Corporate Bonds, Journal of Financial Economics, forthcoming.

Rocholl, J. and Popov, A. (2018). Do Credit Shocks affect Labor Demand? Evidence for Employment and Wages during the Financial Crisis, Journal of Financial Intermediation, forthcoming.

Santosh, A., Balasubramaniam, V. and Ramadorai, T. (2018). Endowment effects in the field: Evidence from India’s IPO lotteries, Review of Economic Studies, forthcoming.

Skoulakis, G. (2018). Ex-post Risk Premia Estimation and Asset Pricing Tests using Large Cross Sections: The Regression-Calibration Approach, Journal of Econometrics 204, 159-188.

The IFFR academic fellows are pioneers in the creation of new knowledge in the fields of finance and financial regulation.  Their research creates new trends in academic research, it helps decoding the way that financial markets function and in many cases shapes the finance practice.  This research takes many years to be completed and get published.  The high quality of their research is also manifested by the fact that it gets published in the very best academic journals.  The acceptance rate of articles submitted to most of these journals is less than 10% and submitted papers have to go through a thorough review process where multiple reviewers are involved and multiple rounds of examination are requested by the Editors and reviewers.