Rachel A.J. Pownall

Tilburg University - Department of Finance

P.O. Box 90153

Tilburg, 5000 LE

Netherlands

Maastricht University - Department of Finance

Maastricht, 6200 MD

Netherlands

  • Tilburg University - Department of Finance

  • Maastricht University - Department of Finance

SCHOLARLY PAPERS

37

DOWNLOADS
Rank 4,298

SSRN RANKINGS

Top 4,298

in Total Papers Downloads

15,824

SSRN CITATIONS
Rank 28,710

SSRN RANKINGS

Top 28,710

in Total Papers Citations

24

CROSSREF CITATIONS

12

Scholarly Papers (37)

Actions:
Email selected abstracts
1.

Art as a Financial Investment

Number of pages: 50 Posted: 26 Feb 2020
Rachel A.J. Pownall
Tilburg University - Department of Finance
Downloads 4,244 (4,187)
Citation 1

Abstract:

Loading...

Alternative Investments, Portfolio Allocation, Risk management

2.

Asset Allocation in a Value-at-Risk Framework

Number of pages: 26 Posted: 03 Aug 1999
Ronald Huisman, Kees C. G. Koedijk and Rachel A.J. Pownall
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), Tilburg University - Department of Finance and Tilburg University - Department of Finance
Downloads 2,672 (8,852)
Citation 9

Abstract:

Loading...

3.

An empirical analysis of price differences for male and female artists in the global art market

Bocart, F.Y.R.P., Gertsberg, M. & Pownall, R.A.J. An empirical analysis of price differences for male and female artists in the global art market. J Cult Econ (2021). https://doi.org/10.1007/s10824-020-09403-2
Number of pages: 23 Posted: 16 Feb 2020 Last Revised: 20 May 2021
Fabian Bocart, Marina Gertsberg and Rachel A.J. Pownall
Artnet Worldwide Corporation, The University of Melbourne and Tilburg University - Department of Finance
Downloads 1,556 (20,832)
Citation 11

Abstract:

Loading...

Art market, Auctions, Gender economics, Labour economics

4.

Art as an Alternative Asset Class

Maastricht University - LIFE Research Paper No. WP05-001
Number of pages: 34 Posted: 28 Feb 2005
Rachel A.J. Pownall
Tilburg University - Department of Finance
Downloads 1,308 (26,995)
Citation 1

Abstract:

Loading...

Alternative Asset Class, Art Investment, Portfolio Management, Risk Management, Conditional Correlation

5.

Emotional Assets and Investment Behavior

Number of pages: 27 Posted: 19 Feb 2009
Rachel A.J. Pownall, Kees C. G. Koedijk and Frans de Roon
Tilburg University - Department of Finance, Tilburg University - Department of Finance and Tilburg University - Department of Finance
Downloads 1,069 (36,176)
Citation 2

Abstract:

Loading...

Portfolio Management, Asset pricing, Consumption and Investment decisions

6.

Art-Backed Lending: Implied Spreads and Art Risk Management

Number of pages: 37 Posted: 26 Feb 2020
Rachel A.J. Pownall and Christian Wiehenkamp
Tilburg University - Department of Finance and affiliation not provided to SSRN
Downloads 772 (56,748)
Citation 1

Abstract:

Loading...

Art Market, Credit Default Swaps, Risk Management

7.

Merger and Acquisition Behavior in European Banking

Number of pages: 34 Posted: 10 Mar 2008 Last Revised: 11 Mar 2023
Rachel A.J. Pownall and Roman Kräussl
Tilburg University - Department of Finance and Bayes Business School (formerly Cass)
Downloads 656 (70,222)

Abstract:

Loading...

Option-pricing model, Mergers and acquisitions, European banking industry

8.

Measuring Credit Spread Risk

ERIM Report Series Reference No. ERS-2002-95-F&A
Number of pages: 24 Posted: 26 Feb 2008
Rachel A.J. Pownall and Ronald Huisman
Tilburg University - Department of Finance and Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)
Downloads 546 (88,304)

Abstract:

Loading...

Market Risk, value-at-risk, extreme Value theory, parametric distributions, backtesting

9.

Measuring Credit Spread Risk: Incorporating the Tails

Number of pages: 24 Posted: 20 Jan 2003
Rachel A.J. Pownall and Ronald Huisman
Tilburg University - Department of Finance and Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)
Downloads 532 (91,493)

Abstract:

Loading...

Market risk, value-at-risk, extreme value theory, parametric distributions, backtesting

10.

Revisiting the Home Bias Puzzle: Downside Equity Risk

Journal of International Money and Finance, Vol. 26, No. 7, 2007
Number of pages: 37 Posted: 22 Sep 2005 Last Revised: 07 Apr 2011
Rachel A.J. Pownall and Roman Kräussl
Tilburg University - Department of Finance and Bayes Business School (formerly Cass)
Downloads 304 (172,564)

Abstract:

Loading...

Asset Pricing, Home Bias, Downside Risk, Prospect Theory

11.

Aspirations, Well-Being, Risk-Aversion and Loss-Aversion

Number of pages: 30 Posted: 14 Mar 2012
Rachel A.J. Pownall, Kees C. G. Koedijk and Meir Statman
Tilburg University - Department of Finance, Tilburg University - Department of Finance and Santa Clara University - Department of Finance
Downloads 290 (181,323)
Citation 2

Abstract:

Loading...

subjective well-being, risk taking, loss-aversion, prospect theory, behavioral portfolio theory

12.

Diversification Meltdown or Just Fat Tails?

EFA 2006 Zurich Meetings
Number of pages: 38 Posted: 14 Jun 2006
Rachel A.J. Pownall, Catherine S. Forbes, Kees C. G. Koedijk and Paul Kofman
Tilburg University - Department of Finance, Monash University - Department of Econometrics & Business Statistics, Tilburg University - Department of Finance and The University of Melbourne
Downloads 278 (189,313)

Abstract:

Loading...

Exceedance correlation, Truncated correlation, Bivariate Student-t correlation

13.

Market Evolution of Art Dealers

Number of pages: 51 Posted: 26 Feb 2020
Dakshina G. De Silva, Marina Gertsberg and Rachel A.J. Pownall
Lancaster University - Department of Economics, The University of Melbourne and Tilburg University - Department of Finance
Downloads 228 (230,240)
Citation 1

Abstract:

Loading...

Auctions, Art Dealers, Market Evolution, Reputation, Experts

14.

Going Green: Does it Depend on Education, Gender, or Income?

Number of pages: 28 Posted: 06 Feb 2012
Dakshina G. De Silva and Rachel A.J. Pownall
Lancaster University - Department of Economics and Tilburg University - Department of Finance
Downloads 192 (269,698)
Citation 7

Abstract:

Loading...

15.

Irving Fisher, Expectational Errors and the Uip Puzzle

Downloads 164 (309,327)

Irving Fisher, Expectational Errors and the Uip Puzzle

Number of pages: 33 Posted: 17 Mar 2007
Rachel A.J. Pownall, Kees C. G. Koedijk, James R. Lothian and Ronald Mahieu
Tilburg University - Department of Finance, Tilburg University - Department of Finance, Gabelli School of Business, Fordahm University and Tilburg University - Center for Economic Research, Econometrics and Finance Group
Downloads 157 (321,176)

Abstract:

Loading...

UIP, Irving Fisher, Expectations formation, Dynamic Latent Factor Model, Small-sample problems

Irving Fisher, Expectational Errors, and the UIP Puzzle

CEPR Discussion Paper No. DP6294
Number of pages: 46 Posted: 22 May 2008
Rachel A.J. Pownall, Kees C. G. Koedijk, James R. Lothian and Ronald Mahieu
Tilburg University - Department of Finance, Tilburg University - Department of Finance, Gabelli School of Business, Fordahm University and Tilburg University - Center for Economic Research, Econometrics and Finance Group
Downloads 7 (1,044,752)
  • Add to Cart

Abstract:

Loading...

Expectations formation, Irving Fisher, small-sample problems, UIP

16.

Dealer Networks in the World of Art

Number of pages: 59 Posted: 26 Feb 2020
Dakshina G. De Silva, Marina Gertsberg, Georgia Kosmopoulou and Rachel A.J. Pownall
Lancaster University - Department of Economics, The University of Melbourne, University of Oklahoma - Department of Economics and Tilburg University - Department of Finance
Downloads 160 (315,841)
Citation 2

Abstract:

Loading...

Auctions, Art Dealers, Networks

17.

Exposure to Bankers: Networks and Stock Market Participation

Downloads 145 (342,582)
Citation 2

Exposure to Bankers: Networks and Stock Market Participation

Number of pages: 31 Posted: 01 Nov 2015
Arian Borgers, Rachel A.J. Pownall and Louis Raes
Maastricht University, Tilburg University - Department of Finance and Tilburg University
Downloads 83 (512,907)
Citation 1

Abstract:

Loading...

Stock market participation, Networks, Household finance

Exposure to Bankers: Networks and Stock Market Participation

Number of pages: 31 Posted: 23 May 2016
Arian Borgers, Rachel A.J. Pownall and Louis Raes
Maastricht University, Tilburg University - Department of Finance and Tilburg University
Downloads 62 (605,758)
Citation 2

Abstract:

Loading...

Social Networks, Household Finance, Stock market Participation, Retirement Planning

18.

Irving Fisher, the UIP Puzzle and the 'Peso Problem'

Number of pages: 34 Posted: 05 Mar 2007
Rachel A.J. Pownall, Kees C. G. Koedijk, James R. Lothian and Ronald Mahieu
Tilburg University - Department of Finance, Tilburg University - Department of Finance, Gabelli School of Business, Fordahm University and Tilburg University - Center for Economic Research, Econometrics and Finance Group
Downloads 134 (364,306)

Abstract:

Loading...

UIP, Irving Fisher, Expectations formation, small-sample problems

19.

Irving Fisher and the Uip Puzzle: Meeting the Expectations a Century Later

ERIM Report Series Reference No. ERS-2007-088-F&A
Number of pages: 48 Posted: 29 Jan 2008
Rachel A.J. Pownall, Kees C. G. Koedijk, James R. Lothian and Ronald Mahieu
Tilburg University - Department of Finance, Tilburg University - Department of Finance, Gabelli School of Business, Fordahm University and Tilburg University - Center for Economic Research, Econometrics and Finance Group
Downloads 116 (405,784)

Abstract:

Loading...

Irving Fisher, UIP, PPP, inflation, interest rates, exchange rates

20.

Pensions and Investments: Social and Environmental Preferences of Beneficiaries, and Financial Illiteracy

Number of pages: 36 Posted: 04 Dec 2013
Arian Borgers and Rachel A.J. Pownall
Maastricht University and Tilburg University - Department of Finance
Downloads 87 (493,311)

Abstract:

Loading...

Social values, Fiduciary duty, Financial literacy, Pension funds

21.

Does Patience Pay? Empirical Testing of the Option to Delay Accepting a Tender Offer in the U.S. Banking Sector

Number of pages: 33 Posted: 10 Mar 2008 Last Revised: 14 Aug 2023
Rachel A.J. Pownall and Roman Kräussl
Tilburg University - Department of Finance and Bayes Business School (formerly Cass)
Downloads 84 (504,130)

Abstract:

Loading...

Option-pricing model, Mergers and acquisitions, U.S. banking industry

22.

Empirical Evidence of Anchoring and Loss Aversion from Art Auctions

Journal of Cultural Economics (2022)
Number of pages: 29 Posted: 22 Aug 2022
Kathryn Graddy, Lara Loewenstein, Jianping Mei, Michael Moses and Rachel A.J. Pownall
Brandeis University - Department of Economics, Federal Reserve Bank of Cleveland , Cheung Kong Graduate School of Business, Art Market Consultancy and Tilburg University - Department of Finance
Downloads 80 (518,993)
Citation 1

Abstract:

Loading...

Anchoring, Loss Aversion

23.

Increased Correlation in Bear Markets: A Downside Risk Perspective

Number of pages: 26 Posted: 14 Feb 2002
Rachel A.J. Pownall, Kees C. G. Koedijk and Paul Kofman
Tilburg University - Department of Finance, Tilburg University - Department of Finance and The University of Melbourne
Downloads 60 (605,676)
Citation 1
  • Add to Cart

Abstract:

Loading...

International equity markets, correlation, extreme returns, downside risk

24.

Merger & Acquisition Behavior in European Banking: Empirical Testing of the Option to Delay Accepting a Tender Offer

Number of pages: 34 Posted: 14 Mar 2006 Last Revised: 14 Aug 2023
Rachel A.J. Pownall and Roman Kräussl
Tilburg University - Department of Finance and Bayes Business School (formerly Cass)
Downloads 57 (621,101)

Abstract:

Loading...

Option-pricing model, Mergers and acquisitions, European banking industry

25.

Millionaire Investors: Financial Advisors, Attribution Theory and Gender Differences

Number of pages: 44 Posted: 02 Sep 2021
Ylva Baeckström, Jo Silvester and Rachel A.J. Pownall
King's Business School, King's College London, City University London - The Business School and Tilburg University - Department of Finance
Downloads 41 (715,047)
Citation 2

Abstract:

Loading...

Portfolio choice, investment decisions, financial advice, risk-taking, gender

26.

The Value of Environmental and Social Performance in Industry Scandals: Evidence From ES Scandals in China

Number of pages: 34 Posted: 10 Apr 2023
Zhenshu Wu, Yi-Cheng Shih, Yao Wang and Rachel A.J. Pownall
Tilburg University, National Taipei University, Central University of Finance and Economics (CUFE) and Tilburg University - Department of Finance
Downloads 29 (803,644)

Abstract:

Loading...

ESG, Corporate scandals, Industry effect, Event study

27.

Surviving in the Marketplace: The Importance of Network Connectivity for Art Dealers

Number of pages: 7 Posted: 08 May 2023
Robert Press, Dakshina G. De Silva, Georgia Kosmopoulou and Rachel A.J. Pownall
Georgetown University, Lancaster University - Department of Economics, University of Oklahoma - Department of Economics and Tilburg University - Department of Finance
Downloads 8 (997,869)

Abstract:

Loading...

Auctions, Art dealers, Trading networks, Market exit

28.

Aspirations, Well-Being, Risk-Aversion and Loss-Aversion

CEPR Discussion Paper No. DP8904
Number of pages: 33 Posted: 04 Apr 2012
Kees C. G. Koedijk, Rachel A.J. Pownall and Meir Statman
Tilburg University - Department of Finance, Tilburg University - Department of Finance and Santa Clara University - Department of Finance
Downloads 5 (1,021,650)
  • Add to Cart

Abstract:

Loading...

behavioural portfolio theory, loss-aversion, prospect theory, risk-taking, subjective well-being

29.

Repeat Sales Indexes: Estimation Without Assuming that Errors in Asset Returns are Independently Distributed

CEPR Discussion Paper No. DP7344
Number of pages: 40 Posted: 26 Aug 2009
Rachel A.J. Pownall, Kathryn Graddy and Jonathan H. Hamilton
Tilburg University - Department of Finance, Brandeis University - Department of Economics and University of Florida - Warrington College of Business Administration - Department of Economics
Downloads 4 (1,028,614)
  • Add to Cart

Abstract:

Loading...

art, index, real estate, repeat sales

30.

Household Financial Planning and Savings Behavior

CEPR Discussion Paper No. DP11033
Number of pages: 25 Posted: 12 Jan 2016
Dirk Brounen, Kees C. G. Koedijk and Rachel A.J. Pownall
Erasmus University Rotterdam (EUR) - Department of Financial Management, Tilburg University - Department of Finance and Tilburg University - Department of Finance
Downloads 1 (1,049,575)
Citation 1
  • Add to Cart

Abstract:

Loading...

consumption, intertemporal household choice, life cycle models and saving, wealth

31.

Reference Point Formation

CEPR Discussion Paper No. DP10823
Number of pages: 28 Posted: 16 Sep 2015
Kees C. G. Koedijk, Charles N. Noussair, Rachel A.J. Pownall and Ayse Terzi
Tilburg University - Department of Finance, Tilburg University, Tilburg University - Department of Finance and Tilburg University
Downloads 1 (1,049,575)
  • Add to Cart

Abstract:

Loading...

experiment, reference point

32.

Anchoring or Loss Aversion? Empirical Evidence from Art Auctions

CEPR Discussion Paper No. DP10048
Number of pages: 39 Posted: 25 Sep 2014
Kathryn Graddy, Lara Loewenstein, Jianping Mei, Michael Moses and Rachel A.J. Pownall
Brandeis University - Department of Economics, Federal Reserve Bank of Cleveland , Cheung Kong Graduate School of Business, Art Market Consultancy and Tilburg University - Department of Finance
Downloads 1 (1,049,575)
  • Add to Cart

Abstract:

Loading...

anchoring, art auctions, endowment effect, loss aversion

33.

Repeat Sales Indexes: Estimation Without Assuming that Errors in Asset Returns are Independently Distributed

Real Estate Economics, 2011
Posted: 05 Oct 2010
Jonathan H. Hamilton, Rachel A.J. Pownall and Kathryn Graddy
University of Florida - Warrington College of Business Administration - Department of Economics, Tilburg University - Department of Finance and Brandeis University - Department of Economics

Abstract:

Loading...

repeat sales, heteroskedasticity, serial correlation

34.

Increased Correlation in Bear Markets

Posted: 22 Mar 2002
Kees C. G. Koedijk, Rachel A.J. Pownall and Paul Kofman
Tilburg University - Department of Finance, Tilburg University - Department of Finance and The University of Melbourne

Abstract:

Loading...

35.

Covariance and Correlation in International Equity Returns: A Value-at-Risk Approach

Erasmus University Rotterdam Working Paper No. 004
Posted: 16 Nov 2000
Rachel A.J. Pownall, Kees C. G. Koedijk and Paul Kofman
Tilburg University - Department of Finance, Tilburg University - Department of Finance and The University of Melbourne

Abstract:

Loading...

36.

Capturing Downside Risk in Financial Markets: The Case of the Asian Crisis

Working Paper No. 2
Posted: 04 Jan 2000
Rachel A.J. Pownall and Kees C. G. Koedijk
Tilburg University - Department of Finance and Tilburg University - Department of Finance

Abstract:

Loading...

37.

VAR Plus: Fat Tails in Financial Risk Management

Working Paper No. 98/51
Posted: 06 Oct 1998
Rachel A.J. Pownall, Kees C. G. Koedijk and Ronald Huisman
Tilburg University - Department of Finance, Tilburg University - Department of Finance and Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)

Abstract:

Loading...

Other Papers (2)

Total Downloads: 1,198
Actions:
Email selected abstracts
1.

Art as an Alternative Asset Class

Number of pages: 34 Posted: 23 Mar 2005
Rachel A.J. Pownall
Tilburg University - Department of Finance
Downloads 951

Abstract:

Loading...

Alternative Asset Class, Art Investment, Portfolio Management, Risk Management, Conditional Correlation

2.

Emotional Assets

Number of pages: 35 Posted: 05 Mar 2008 Last Revised: 27 Oct 2012
Frans de Roon, Kees C. G. Koedijk and Rachel A.J. Pownall
Tilburg University - Department of Finance, Tilburg University - Department of Finance and Tilburg University - Department of Finance
Downloads 247

Abstract:

Loading...

Philanthropy, Asset allocation, art, wine, luxary goods markets