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Published Papers

Behavioral Finance

Personal Communication in an Automated World: Evidence from Loan Repayments, joint with Christine Laudenbach and Jenny Pirschel, Journal of Finance, February 2025.

Do Equity Markets Care About Income Inequality? Evidence from Pay Ratio Disclosure, joint with Yihui Pan, Elena Pikulina, and Tracy Y. Wang, Journal of Finance, April 2022.

The Cultural Origin of CEOs’ Attitudes towards Uncertainty: Evidence from Corporate Acquisitions, joint with Yihui Pan and Tracy Y. Wang, Review of Financial Studies, July 2020

Are CEOs More Likely to Be First-Borns? joint with Claudia Custodio, PlosOne, June 2020.

Corporate Risk Culture, joint with Yihui Pan and Tracy Y. Wang, Journal of Financial and Quantitative Analysis, December 2017.

Effects of Demonetization: Evidence from 28 Slum Neighborhoods in Mumbai, joint with Deepa Krishnan, Economic & Political Weekly, January 2017.

The Fetal Origins Hypothesis in Finance: Prenatal Environment, the Gender Gap, and Financial Risk Taking, joint with Henrik Cronqvist, Ale Previtero, and Rod White, Review of Financial Studies, March 2016.

Value versus Growth Investing: Why Do Different Investors Have Different Styles? joint with Henrik Cronqvist and Frank Yu, Journal of Financial Economics, August 2015.

The Origins of Savings Behavior, joint with Henrik Cronqvist, Journal of Political Economy, January 2015.

The Genetics of Investment Biases, joint with Henrik Cronqvist, Journal of Financial Economics, August 2014.

Trust and Credit: The Role of Appearance in Peer-to-Peer Lending, joint with Jefferson Duarte and Lance A. Young, Review of Financial Studies, August 2012.

Genetics, Homeownership, and Home Location Choice, joint with Henrik Cronqvist and Florian Muenkel, Journal of Real Estate Finance and Economics, May 2012.

Nature or Nurture: What Determines Investor Behavior?, joint with Amir Barnea and Henrik Cronqvist, Journal of Financial Economics 98, 2010.

International Finance

Economic and Financial Integration in Europe, joint with Geert Bekaert, Campbell Harvey, and Christian Lundblad, ifo DICE Report, March 2017.

 

Political Risk and International Valuation, joint with Geert Bekaert, Campbell Harvey, and Christian Lundblad, Journal of Corporate Finance, April 2016.

 

Political Risk Spreads, joint with Geert Bekaert, Campbell Harvey, and Christian Lundblad, Journal of International Business Studies, May 2014.

The Impact of the Sarbanes-Oxley Act on Shareholders and Managers, joint with Jefferson Duarte, Katie Kong and Lance A. Young, Review of Finance, January 2014. 

The European Union, the Euro, and Equity Market Integration, joint with Geert Bekaert, Cam Harvey, and Chris Lundblad, Journal of Financial Economics, September 2013.

What Segments Equity Markets? joint with Geert Bekaert, Cam Harvey, and Chris Lundblad, Review of Financial Studies, December 2011.

Global Growth Opportunities and Market Integration, joint with Geert Bekaert, Cam Harvey, and Chris Lundblad, Journal of Finance, June 2007.

Empirical Asset Pricing

The Cross-Section of Volatility and Expected Returns, Then and Now, joint with Andrew Detzel, Jefferson Duarte, Avi Kamara, and Celine Sun, Critical Finance Review, August 2023.

Daily Data is Bad for Beta: Opacity and Frequency Dependent Betas, joint with Thomas Gilbert, Chris Hrdlicka, and Jon Kalodimos, Review of Asset Pricing Studies, June 2014.

Working Papers

See SSRN.