Matti Keloharju

Aalto University - School of Business

P.O. Box 21210

AALTO, FI-00076

Finland

Research Institute of Industrial Economics (IFN)

Box 55665

Grevgatan 34, 2nd floor

Stockholm, SE-102 15

Sweden

Centre for Economic Policy Research (CEPR)

77 Bastwick Street

London, EC1V 3PZ

United Kingdom

SCHOLARLY PAPERS

22

DOWNLOADS
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in Total Papers Downloads

17,876

CITATIONS
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Top 1,046

in Total Papers Citations

517

Scholarly Papers (22)

1.

IQ and Stock Market Participation

AEA 2010 Atlanta Meetings Paper, CRSP Working Paper, Western Finance Association 2010 Meetings Paper, Journal of Finance, Forthcoming, Chicago Booth Research Paper No. 09-27
Number of pages: 56 Posted: 02 Aug 2009 Last Revised: 23 Jan 2011
Mark Grinblatt, Matti Keloharju and Juhani T. Linnainmaa
University of California, Los Angeles (UCLA) - Finance Area, Aalto University - School of Business and USC Marshall School of Business
Downloads 2,830 (2,853)
Citation 38

Abstract:

Intelligence, household finance, stock market participation

2.

What Makes Investors Trade?

Yale ICF Working Paper No. 00-02; Yale SOM Working Paper No. ICF 00-02
Number of pages: 32 Posted: 10 Jul 2000
Mark Grinblatt and Matti Keloharju
University of California, Los Angeles (UCLA) - Finance Area and Aalto University - School of Business
Downloads 2,230 (4,097)
Citation 241

Abstract:

3.

IQ, Trading Behavior, and Performance

Journal of Financial Economics, Forthcoming, CRSP Working Paper, AFA 2010 Atlanta Meetings Paper, EFA 2010 Frankfurt Meetings Paper, Chicago Booth Research Paper No. 09-33
Number of pages: 65 Posted: 20 Mar 2009 Last Revised: 17 Nov 2011
Mark Grinblatt, Matti Keloharju and Juhani T. Linnainmaa
University of California, Los Angeles (UCLA) - Finance Area, Aalto University - School of Business and USC Marshall School of Business
Downloads 1,633 (7,509)
Citation 17

Abstract:

Intelligence, household finance, trading performance

4.
Downloads 1,532 ( 8,871)
Citation 6

What's New in Finance?

Number of pages: 28 Posted: 04 Dec 2007
Matti Keloharju
Aalto University - School of Business
Downloads 1,530 (8,720)
Citation 6

Abstract:

Finance, Citations, Ranking list, Google Scholar

What's New in Finance?

European Financial Management, Vol. 14, No. 3, pp. 564-608, June 2008
Number of pages: 45 Posted: 13 May 2008
Matti Keloharju
Aalto University - School of Business
Downloads 2 (568,600)
Citation 6
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Abstract:

5.

Return Seasonalities

Journal of Finance, Forthcoming, Fama-Miller Working Paper, Chicago Booth Research Paper No. 13-15
Number of pages: 49 Posted: 25 Feb 2013 Last Revised: 12 Dec 2015
Matti Keloharju, Juhani T. Linnainmaa and Peter M. Nyberg
Aalto University - School of Business, USC Marshall School of Business and Aalto University
Downloads 1,083 (3,135)
Citation 1

Abstract:

6.

Distance, Language, and Culture Bias: The Role of Investor Sophistication

Yale ICF Working Paper No. 00-04; Yale SOM Working Paper No. ICF 00-04
Number of pages: 27 Posted: 31 May 2000
Mark Grinblatt and Matti Keloharju
University of California, Los Angeles (UCLA) - Finance Area and Aalto University - School of Business
Downloads 1,081 (13,851)
Citation 33

Abstract:

7.

Why Do Firms Raise Foreign Currency Denominated Debt?

Number of pages: 31 Posted: 11 Feb 1997
Matti Keloharju and Mervi Niskanen
Aalto University - School of Business and University of Eastern Finland
Downloads 863 (20,931)
Citation 19

Abstract:

8.

Do Investors Buy What They Know? Product Market Choices and Investment Decisions

Chicago Booth Research Paper No. 10-24, Fama-Miller Working Paper, AFA 2012 Chicago Meetings Paper
Number of pages: 59 Posted: 03 Sep 2010 Last Revised: 03 Jun 2014
Matti Keloharju, Samuli Knüpfer and Juhani T. Linnainmaa
Aalto University - School of Business, BI Norwegian Business School and USC Marshall School of Business
Downloads 616 (30,008)
Citation 2

Abstract:

Investor behavior, portfolio choice, product market, ownership

9.

Are CEOs Born Leaders? Lessons from Traits of a Million Individuals

IFN Working Paper No. 1024, FIRN Research Paper No. 2436765, Harvard Business School Research Paper No. 16-044, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 478/2016
Number of pages: 60 Posted: 15 May 2014 Last Revised: 09 Sep 2017
Renee B. Adams, Matti Keloharju and Samuli Knüpfer
University of New South Wales, Department of Banking and Finance, Aalto University - School of Business and BI Norwegian Business School
Downloads 600 (12,628)

Abstract:

CEO, cognitive ability, non-cognitive ability, height, compensation, firm size

10.
Downloads 468 ( 49,497)
Citation 25

Tax-Loss Trading and Wash Sales

Yale ICF Working Paper No. 00-15; Yale SOM Working Paper No. ICF - 00-15
Number of pages: 41 Posted: 22 Aug 2000
Mark Grinblatt and Matti Keloharju
University of California, Los Angeles (UCLA) - Finance Area and Aalto University - School of Business
Downloads 432 (54,136)
Citation 25

Abstract:

Tax-Loss Trading and Wash Sales

NBER Working Paper No. w8745
Number of pages: 38 Posted: 24 Jan 2002
Mark Grinblatt and Matti Keloharju
University of California, Los Angeles (UCLA) - Finance Area and Aalto University - School of Business
Downloads 36 (385,429)
Citation 25

Abstract:

11.
Downloads 453 (50,573)
Citation 4

Abstract:

12.

IQ and Mutual Fund Choice

AFA 2013 San Diego Meetings Paper, San Diego Jan. 4-6, 2013
Number of pages: 57 Posted: 15 Mar 2012 Last Revised: 16 May 2013
University of California, Los Angeles (UCLA) - Finance Area, Aalto University, Aalto University - School of Business and BI Norwegian Business School
Downloads 406 (58,982)
Citation 2

Abstract:

mutual fund, IQ, fees, portfolio choice

Interpersonal Effects in Consumption: Evidence from the Automobile Purchases of Neighbors

Yale ICF Working Paper No. 04-10
Number of pages: 49 Posted: 13 Apr 2004
Mark Grinblatt, Matti Keloharju and Seppo Ikaheimo
University of California, Los Angeles (UCLA) - Finance Area, Aalto University - School of Business and Aalto University
Downloads 302 (82,602)
Citation 11

Abstract:

Interpersonal Effects in Consumption: Evidence from the Automobile Purchases of Neighbors

NBER Working Paper No. w10226
Number of pages: 42 Posted: 23 Jan 2004
Mark Grinblatt, Matti Keloharju and Seppo Ikaheimo
University of California, Los Angeles (UCLA) - Finance Area, Aalto University - School of Business and Aalto University
Downloads 39 (373,903)
Citation 11

Abstract:

14.

Are Mutual Fund Fees Competitive? What IQ-Related Behavior Tells Us

Number of pages: 33 Posted: 17 Mar 2008
Mark Grinblatt, Seppo Ikaheimo and Matti Keloharju
University of California, Los Angeles (UCLA) - Finance Area, Aalto University and Aalto University - School of Business
Downloads 219 (111,252)
Citation 2

Abstract:

15.
Downloads 163 (149,481)
Citation 8

Do Retail Incentives Work in Privatizations?

EFA 2004 Maastricht Meetings Paper No. 04688
Number of pages: 45 Posted: 09 Aug 2004 Last Revised: 02 Oct 2008
Matti Keloharju, Samuli Knüpfer and Sami Torstila
Aalto University - School of Business, BI Norwegian Business School and Aalto University
Downloads 147 (167,954)
Citation 8

Abstract:

Privatization, Equity Offerings, Bonus Shares, Discounts, Flipping

Do Retail Incentives Work in Privatizations?

CEPR Discussion Paper No. 4612
Number of pages: 38 Posted: 28 Oct 2004
Matti Keloharju, Samuli Knüpfer and Sami Torstila
Aalto University - School of Business, BI Norwegian Business School and Aalto University
Downloads 16 (488,161)
Citation 8
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Abstract:

Privatization, equity offerings, bonus shares, discounts, flipping

Do Retail Incentives Work in Privatizations?

Review of Financial Studies, Forthcoming
Posted: 14 Jun 2006
Matti Keloharju, Samuli Knüpfer and Sami Torstila
Aalto University - School of Business, BI Norwegian Business School and Aalto University

Abstract:

Privatization, Equity offerings, Bonus shares, Discounts, Flipping

Do Retail Incentives Work in Privatizations?

The Review of Financial Studies, Vol. 21, Issue 5, pp. 2061-2095, 2008
Posted: 19 Sep 2008
Matti Keloharju, Samuli Knüpfer and Sami Torstila
Aalto University - School of Business, BI Norwegian Business School and Aalto University

Abstract:

D78, G14, G32, G38, L33

16.

Sensation Seeking, Overconfidence, and Trading Activity

NBER Working Paper No. w12223
Number of pages: 33 Posted: 25 May 2006
Mark Grinblatt and Matti Keloharju
University of California, Los Angeles (UCLA) - Finance Area and Aalto University - School of Business
Downloads 122 (158,496)
Citation 66

Abstract:

17.

A Descriptive Analysis of the Finnish Treasury Bond Market 1991-1999

Bank of Finland Research Discussion Paper No. 16/2002
Number of pages: 30 Posted: 10 Oct 2007
Aalto University - School of Business, Evli Bank Plc, University of Zurich - Department of Banking and Finance and State University of New York at Binghamton - School of Management
Downloads 96 (215,771)
Citation 1

Abstract:

treasury bond auctions, secondary market

Social Influence and Consumption: Evidence from the Automobile Purchases of Neighbors

Number of pages: 53 Posted: 22 Jun 2007
Mark Grinblatt, Matti Keloharju and Seppo Ikaheimo
University of California, Los Angeles (UCLA) - Finance Area, Aalto University - School of Business and Aalto University
Downloads 92 (239,223)
Citation 15

Abstract:

Social influennce, consumption, network effects, automobiles

Social Influence and Consumption: Evidence from the Automobile Purchases of Neighbors

Review of Economics and Statistics, Forthcoming
Posted: 18 Oct 2007
Mark Grinblatt, Matti Keloharju and Seppo Ikaheimo
University of California, Los Angeles (UCLA) - Finance Area, Aalto University - School of Business and Aalto University

Abstract:

Social influennce, consumption, network effects, automobiles

The Distribution of Information Among Institutional and Retail Investors in IPOs

European Financial Management, Vol. 8, pp. 357-372, 2002
Number of pages: 16 Posted: 18 Mar 2003
Matti Keloharju and Sami Torstila
Aalto University - School of Business and Aalto University
Downloads 24 (441,880)
Citation 5
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Abstract:

IPO's, Investment Performance, Institutional Investors, Retail Investors

The Distribution of Information Among Institutional and Retail Investors in IPOs

European Financial Management Journal, Forthcoming
Posted: 05 Apr 2002
Matti Keloharju and Sami Torstila
Aalto University - School of Business and Aalto University

Abstract:

IPOs, investment performance, institutional investors, retail investors

20.

Strategic Behaviour and Underpricing in Uniform Price Auctions: Evidence from Finnish Treasury Auctions

CEPR Discussion Paper No. 3586
Number of pages: 45 Posted: 19 Nov 2002
Matti Keloharju, Kjell G. Nyborg and Kristian Rydqvist
Aalto University - School of Business, University of Zurich - Department of Banking and Finance and State University of New York at Binghamton - School of Management
Downloads 21 (439,169)
Citation 20
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Abstract:

Multiunit auctions, uniform price, treasury auctions, market power, demand functions, underpricing, supply uncertainty, seller behaviour

21.

The Investment Behavior and Performance of Various Investor Types: A Study of Finland's Unique Data Set

Journal of Financial Economics, Vol. 55, No. 1, Jan. 1, 2000
Posted: 13 Sep 2001
Mark Grinblatt and Matti Keloharju
University of California, Los Angeles (UCLA) - Finance Area and Aalto University - School of Business

Abstract:

Investor Behavior; Momentum; Performance; International Stock Returns

22.

Earnings Management and Expected Dividend Increases Around Seasoned Share Issues: Evidence from Finland

Scandinavian Journal of Management
Posted: 27 Aug 1999
Juha Kinnunen, Matti Keloharju, Eero Kasanen and Jyrki Niskanen
Aalto University School of Business, Aalto University - School of Business, Helsinki School of Economics and University of Tampere

Abstract: