Charles M. Jones

Columbia University

3022 Broadway

New York, NY 10027

United States

SCHOLARLY PAPERS

37

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CROSSREF CITATIONS

1,028

Scholarly Papers (37)

1.
Downloads 12,369 ( 587)
Citation 1

Non-Standard Errors

Journal of Finance Forthcoming
Number of pages: 111 Posted: 23 Nov 2021 Last Revised: 06 Jul 2023
Albert J. Menkveld, Anna Dreber, Felix Holzmeister, Juergen Huber, Magnus Johannesson, Michael Kirchler, Michael Razen, Utz Weitzel, David Abad, Menachem (Meni) Abudy, Tobias Adrian, Yacine Ait-Sahalia, Olivier Akmansoy, Jamie Alcock, Vitali Alexeev, Arash Aloosh, Livia Amato, Diego Amaya, James Angel, Amadeus Bach, Edwin Baidoo, Gaetan Bakalli, Andrea Barbon, Oksana Bashchenko, Parampreet Christopher Bindra, Geir Hoidal Bjonnes, Jeff Black, Bernard S. Black, Santiago Bohorquez, Oleg Bondarenko, Charles S. Bos, Ciril Bosch-Rosa, Elie Bouri, Christian T. Brownlees, Anna Calamia, Viet Nga Cao, Gunther Capelle-Blancard, Laura Capera, Massimiliano Caporin, Allen Carrion, Tolga Caskurlu, Bidisha Chakrabarty, Mikhail Chernov, William M. Cheung, Ludwig B. Chincarini, Tarun Chordia, Sheung Chi Chow, Benjamin Clapham, Jean-Edouard Colliard, Carole Comerton-Forde, Edward Curran, Thong Dao, Wale Dare, Ryan J. Davies, Riccardo De Blasis, Gianluca De Nard, Fany Declerck, Oleg Deev, Hans Degryse, Solomon Deku, Christophe Desagre, Mathijs A. van Dijk, Chukwuma Dim, Thomas Dimpfl, Yunjiang Dong, Philip Drummond, Tom L. Dudda, Ariadna Dumitrescu, Teodor Dyakov, Anne Haubo Dyhrberg, Michał Dzieliński, Asli Eksi, Izidin El Kalak, Saskia ter Ellen, Nicolas Eugster, Martin D.D. Evans, Michael Farrell, Ester Félez-Viñas, Gerardo Ferrara, El Mehdi FERROUHI, Andrea Flori, Jonathan Fluharty-Jaidee, Sean Foley, Kingsley Y. L. Fong, Thierry Foucault, Tatiana Franus, Francesco A. Franzoni, Bart Frijns, Michael Frömmel, Servanna Fu, Sascha Füllbrunn, Baoqing Gan, Thomas Gehrig, Dirk Gerritsen, Javier Gil-Bazo, Lawrence R. Glosten, Thomas Gomez, Arseny Gorbenko, Ufuk Güçbilmez, Joachim Grammig, Vincent Gregoire, Björn Hagströmer, Julien Hambuckers, Erik Hapnes, Jeffrey H. Harris, Lawrence Harris, Simon Hartmann, Jean-Baptiste Hasse, Nikolaus Hautsch, Xuezhong He, Davidson Heath, Simon Hediger, Terrence Hendershott, Ann Marie Hibbert, Erik Hjalmarsson, Seth A. Hoelscher, Peter Hoffmann, Craig W. Holden, Alex R. Horenstein, Wenqian Huang, Da Huang, Christophe Hurlin, Alexey Ivashchenko, Subramanian R. Iyer, Hossein Jahanshahloo, Naji Jalkh, Charles M. Jones, Simon Jurkatis, Petri Jylha, Andreas Kaeck, Gabriel Kaiser, Arzé Karam, Egle Karmaziene, Bernhard Kassner, Markku Kaustia, Ekaterina Kazak, Fearghal Kearney, Vincent van Kervel, Saad Khan, Marta Khomyn, Tony Klein, Olga Klein, Alexander Klos, Michael Koetter, Jan Pieter Krahnen, Aleksey Kolokolov, Robert A. Korajczyk, Roman Kozhan, Amy Kwan, Quentin Lajaunie, FY Eric Lam, Marie Lambert, Hugues Langlois, Jens Lausen, Tobias Lauter, Markus Leippold, Vladimir Levin, Yijie Li, (Michael) Hui Li, Chee Yoong Liew, Thomas Lindner, Oliver B. Linton, Jiacheng Liu, Anqi Liu, Guillermo Llorente, Matthijs Lof, Ariel Lohr, Francis A. Longstaff, Alejandro Lopez-Lira, Shawn Mankad, Nicola Mano, Alexis Marchal, Charles Martineau, Francesco Mazzola, Debrah Meloso, Roxana Mihet, Vijay Mohan, Sophie Moinas, David Moore, Liangyi Mu, Dmitriy Muravyev, Dermot Murphy, Gabor Neszveda, Christian Neumeier, Ulf Nielsson, Mahendrarajah Nimalendran, Sven Nolte, Lars L. Norden, Peter O'Neill, Khaled Obaid, Bernt Arne Ødegaard, Per Östberg, Marcus Painter, Stefan Palan, Imon Palit, Andreas Park, Roberto Pascual, Paolo Pasquariello, Lubos Pastor, Vinay Patel, Andrew J. Patton, Neil D. Pearson, Loriana Pelizzon, Matthias Pelster, Christophe Pérignon, Cameron Pfiffer, Richard Philip, Tomáš Plíhal, Puneet Prakash, Oliver-Alexander Press, Tina Prodromou, Tālis J. Putniņš, Gaurav Raizada, David A. Rakowski, Angelo Ranaldo, Luca Regis, Stefan Reitz, Thomas Renault, Rex Wang Renjie, Roberto Renò, Steven Riddiough, Kalle Rinne, Paul Rintamäki, Ryan Riordan, Thomas Rittmannsberger, Iñaki Rodríguez-Longarela, Dominik Rösch, Lavinia Rognone, Brian Roseman, Ioanid Rosu, Saurabh Roy, Nicolas Rudolf, Stephen Rush, Khaladdin Rzayev, Aleksandra Rzeźnik, Anthony Sanford, Harikumar Sankaran, Asani Sarkar, Lucio Sarno, O. Scaillet, Stefan Scharnowski, Klaus Reiner Schenk-Hoppé, Andrea Schertler, Michael Schneider, Florian Schroeder, Norman Schuerhoff, Philipp Schuster, Marco A. Schwarz, Mark S. Seasholes, Norman Seeger, Or Shachar, Andriy Shkilko, Jessica Shui, Mario Sikic, Giorgia Simion, Lee A. Smales, Paul Söderlind, Elvira Sojli, Konstantin Sokolov, Laima Spokeviciute, Denitsa Stefanova, Marti G. Subrahmanyam, Sebastian Neusüss, Barnabas Szaszi, Oleksandr Talavera, Yuehua Tang, Nicholas Taylor, Wing Wah Tham, Erik Theissen, Julian Thimme, Ian Tonks, Hai Tran, Luca Trapin, Anders B. Trolle, Giorgio Valente, Robert A. Van Ness, Aurelio Vasquez, Thanos Verousis, Patrick Verwijmeren, Anders Vilhelmsson, Grigory Vilkov, Vladimir Vladimirov, Sebastian Vogel, Stefan Voigt, Wolf Wagner, Thomas Walther, Patrick Weiss, Michel van der Wel, Ingrid M. Werner, P. Joakim Westerholm, Christian Westheide, Evert Wipplinger, Michael Wolf, Christian C. P. Wolff, Leonard Wolk, Wing-Keung Wong, Jan Wrampelmeyer, Shuo Xia, Dacheng Xiu, Ke Xu, Caihong Xu, Pradeep K. Yadav, José Yagüe, Cheng Yan, Antti Yang, Woongsun Yoo, Wenjia Yu, Shihao Yu, Bart Zhou Yueshen, Darya Yuferova, Marcin Zamojski, Abalfazl Zareei, Stefan Zeisberger, S. Sarah Zhang, Xiaoyu Zhang, Zhuo Zhong, Z. Ivy Zhou, Chen Zhou, Xingyu Sonya Zhu, Marius Zoican, Remco C. J. Zwinkels, Jian Chen, Teodor Duevski, Ge Gao, Roland Gemayel, Dudley Gilder, Paul Kuhle, Emiliano Pagnotta, Michele Pelli, Jantje Sönksen, Lu Zhang, Konrad Ilczuk, Dimitar Bogoev, Ya Qian, Hans C. Wika, Yihe Yu, Lu Zhao, Michael Mi, Li Bao, Andreea Vaduva, Marcel Prokopczuk, Alejandro Avetikian and Zhen-Xing Wu
Vrije Universiteit Amsterdam, Stockholm School of Economics - Department of Economics, University of Innsbruck - Department of Economics, University of Innsbruck, Stockholm School of Economics - Department of Economics, University of Innsbruck, University of Innsbruck, VU University Amsterdam, Universidad de Alicante, Bar-Ilan University - Graduate School of Business Administration, International Monetary Fund, Princeton University - Department of Economics, CNRS, University of Oxford, University of Technology Sydney, Neoma Business School, University of Chicago - Booth School of Business, Wilfrid Laurier University, Georgetown University - McDonough School of Business, University of Mannheim, Tennessee Technological University, EM Lyon (Ecole de Management de Lyon) - Emlyon Business School, University of St. Gallen, Swiss Finance Institute - HEC Lausanne, University of Innsbruck, BI Norwegian Business School, University of Memphis, Northwestern University - Pritzker School of Law, Universidad EAFIT, University of Illinois at Chicago - Department of Finance, VU University Amsterdam, Technische Universität Berlin, Lebanese American University, Universitat Pompeu Fabra - Faculty of Economic and Business Sciences, Toulouse Business School - TBS Education, Monash University, Université Paris I Panthéon-Sorbonne - Centre d'Economie de la Sorbonne (CES), Vrije Universiteit Amsterdam, University of Padua - Department of Statistical Sciences, University of Memphis - Fogelman College of Business and Economics, University of Amsterdam Business School, Saint Louis University - Richard A. Chaifetz School of Business, UCLA Anderson, Waseda University, University of San Francisco, Emory University - Department of Finance, Australian National University (ANU), Goethe University Frankfurt Faculty of Economics and Business Administration, HEC Paris - Finance Department, University of Melbourne - Department of Finance, Macquarie University - Faculty of Business and Economics, Nottingham Trent University, University of Liège - HEC Liège, Babson College - Finance Division, Polytechnic University of Marche - Department of Management, University of Zurich - Department of Economics, Toulouse School of Economics, Masaryk University, KU Leuven - Faculty of Business and Economics (FEB), Nottingham Trent University - Nottingham Business School, Catholic University of Louvain (UCL) - Louvain Finance (LFIN), Erasmus University Rotterdam (EUR), George Washington University, University of Hohenheim, Queen's University (Canada), Queen's School of Business, Students, The Brattle Group, Technische Universität Dresden, ESADE Business School, EDHEC Business School, The University of Sydney - Discipline of Finance, Stockholm Business School, Stockholm University, Salisbury University - Perdue School of Business, Cardiff Business School, affiliation not provided to SSRN, University of Queensland - Business School, Georgetown University - Department of Economics, University of Wisconsin-Milwaukee, University of Technology Sydney, Bank of England, Ibn Tofail University, Politecnico di Milano, Public Company Accounting Oversight Board, Macquarie University, University of New South Wales - School of Banking and Finance, HEC Paris - Finance Department, City University London - Bayes Business School, Universita della Svizzera italiana (USI Lugano), Open University of the Netherlands - School of Management, Ghent University - Department of Financial Economics, University of Essex, Radboud University Nijmegen - Institute for Management Research, Ardea Investment Management, University of Vienna, Utrecht University - School of Economics, Universitat Pompeu Fabra, Columbia University, Utrecht University, Monash University - Department of Banking and Finance, University of Glasgow - Adam Smith Business School, University of Tübingen, HEC Montreal - Department of Finance, Stockholm University - Stockholm Business School, University of Liège - HEC Liège, Aalto University, American University - Department of Finance and Real Estate, University of Southern California - Marshall School of Business - Finance and Business Economics Department, Vienna University of Economics and Business, Aix-Marseille University - Aix-Marseille School of Economics, University of Vienna - Department of Statistics and Operations Research, Xi'an Jiaotong-Liverpool University (XJTLU), University of Utah - David Eccles School of Business, University of Zurich - Department of Economics, University of California, Berkeley - Haas School of Business, West Virginia University - John Chambers College of Business and Economics, Department of Finance, University of Gothenburg - Centre for Finance, Missouri State University - College of Business, European Central Bank (ECB), Indiana University - Kelley School of Business - Department of Finance, University of Miami - School of Business Administration - Department of Economics, Bank for International Settlements, Northeastern University - D'Amore-McKim School of Business, University of Orleans, VU University Amsterdam, University of New Mexico, Cardiff University, Saint Joseph University, Columbia University, Bank of England, Aalto University, University of Sussex, Universite du Luxembourg, Durham University, VU University Amsterdam, Ludwig-Maximilians-Universität München, Aalto University, University of Manchester, Queen's University Belfast - Queen's Management School, Pontificia Universidad Católica de Chile, HEC Montreal, University of Adelaide, Queen's University Belfast - Queen's Management School, University of Warwick - Warwick Business School, University of Kiel - Institute for Quantitative Business and Economics Research (QBER), Halle Institute for Economic Research, Goethe University Frankfurt, University of Manchester - Manchester Business School, Northwestern University - Kellogg School of Management, University of Warwick - Warwick Business School, University of New South Wales (UNSW), Square Research Center, Independent Researcher, University of Liège - HEC Liège, HEC Paris - Finance Department, Goethe University Frankfurt - Faculty of Economics and Business Administration, Leibniz University Hannover, University of Zurich, Universite du Luxembourg, S&P Global Ratings, La Trobe University, UCSI University, Malaysia, Vienna University of Economics and Business, University of Cambridge, Purdue University, The University of Sydney, Universidad Autonoma de Madrid, Aalto University, Arizona State University (ASU) - Finance Department, University of California, Los Angeles (UCLA) - Finance Area, University of Florida - Department of Finance, Insurance and Real Estate, North Carolina State University - Department of Business Management, Swiss Finance Institute - USI Lugano, EPFL, University of Toronto - Rotman School of Management and UTSC Management, Erasmus University Rotterdam (EUR), Toulouse Business School - TBS Education, Swiss Finance Institute - HEC Lausanne, RMIT University, Universite de Toulouse 1 Capitole, Loyola Marymount University, Queen's University Belfast, Michigan State University - Department of Finance, University of Illinois at Chicago, John von Neumann University - MNB Institute, Macquarie University, Copenhagen Business School, University of Florida - Department of Finance, Insurance and Real Estate, Radboud University, Stockholm University - Stockholm Business School, UNSW Australia Business School, School of Banking and Finance, California State University-East Bay, University of Stavanger, University of Zurich - Department of Banking and Finance, Saint Louis University - Department of Finance, University of Graz, RMIT University - Blockchain Innovation Hub, University of Toronto, Universidad de las Islas Baleares, University of Michigan, Stephen M. Ross School of Business, University of Chicago - Booth School of Business, University of Technology Sydney (UTS), Duke University - Department of Economics, University of Illinois at Urbana-Champaign - Department of Finance, Goethe University Frankfurt - Faculty of Economics and Business Administration, University of Duisburg-Essen - Mercator School of Management, HEC Paris - Finance Department, University of Oregon - Department of Finance, University of Sydney Business School, Masaryk University - Department of finance, Missouri State University, Copenhagen Business School, The University of Wollongong, University of Technology Sydney (UTS), Indian Institute of Management, Ahmedabad, University of Texas at Arlington, University of St. Gallen, University of Turin, University of Kiel, Université Paris I Panthéon-Sorbonne - Centre d'Economie de la Sorbonne (CES), Vrije Universiteit Amsterdam, ESSEC Business School, University of Toronto, Universite du Luxembourg - Department of Finance, Aalto University, Queen's University - Smith School of Business, University of Innsbruck, Stockholm University - Stockholm Business School, State University of New York at Buffalo - School of Management, University of Edinburgh Business School, Oklahoma State University - Department of Finance, HEC Paris - Finance Department, University of Quebec at Montreal (UQAM) - Faculty of Management (ESG), University of Lausanne, Bowling Green State University - Department of Finance, University of Edinburgh, York University - Schulich School of Business, HEC Montreal - Department of Finance, New Mexico State University, Federal Reserve Bank of New York, University of Cambridge - Judge Business School, Swiss Finance Institute - University of Geneva, University of Mannheim, The University of Manchester - Department of Economics, University of Graz, Deutsche Bundesbank, Macquarie University, Swiss Finance Institute - HEC Lausanne, University of Stuttgart, Heinrich Heine University Dusseldorf - Duesseldorf Institute for Competition Economics (DICE), Arizona State University (ASU), VU Amsterdam - School of Business and Economics, Federal Reserve Bank of New York, Wilfrid Laurier University - Lazaridis School of Business and Economics, Federal Housing Finance Agency, University of Zurich, Vienna University of Economics and Business, University of Western Australia, University of St. Gallen, UNSW Business School, University of Memphis - Fogelman College of Business and Economics, Cardiff University, Universite du Luxembourg, New York University (NYU) - Leonard N. Stern School of Business, Aalto University, Eötvös Loránd University, University of Birmingham, University of Florida - Department of Finance, University of Bristol Business School, University of New South Wales (UNSW), University of Mannheim - Finance Area, Karlsruhe Institute of Technology, University of Bristol - Department of Finance and Accounting, Loyola Marymount University - Department of Finance, University of Bologna, Copenhagen Business School, Hong Kong Institute for Monetary and Financial Research (HKIMR), University of Mississippi - Department of Finance, Instituto Tecnológico Autónomo de México (ITAM) - Department of Business Administration, University of Essex, Erasmus University Rotterdam (EUR), Lund University - Department of Economics, Frankfurt School of Finance & Management, University of Amsterdam Business School, Erasmus University Rotterdam (EUR), University of Copenhagen, Erasmus University Rotterdam (EUR), Utrecht University - School of Economics, Reykjavik University, Erasmus University Rotterdam, The Ohio State University - Fisher College of Business, University of Sydney Business School, University of Vienna - Department of Finance, Vrije Universiteit Amsterdam, School of Business and Economics, University of Zurich - Department of Economics, University of Luxembourg, VU University Amsterdam, Asia University, Department of Finance, Vrije Universiteit Amsterdam, School of Business and Economics, Halle Institute for Economic Research, University of Chicago - Booth School of Business, University of Victoria, Stockholm University - Stockholm Business School, University of Oklahoma Price College of Business, University of Murcia, University of Essex - Essex Business School, Erasmus University Rotterdam, Central Michigan University, Aalto University, Columbia University, Singapore Management University - Lee Kong Chian School of Business, Norwegian School of Economics (NHH) - Department of Finance, University of Gothenburg, Centre for Finance, Stockholm University, Radboud University, Institute for Management Research, University of Manchester - Alliance Manchester Business School, Vrije Universiteit Amsterdam (VU Amsterdam), University of Melbourne - Department of Finance, University of Wollongong - School of Accounting, Economics & Finance, Erasmus University Rotterdam (EUR), Bank for International Settlements (BIS) - Monetary and Economic Department, University of Toronto at Mississauga - Department of Management, Vrije Universiteit Amsterdam, Queen's University, HEC Paris, University of Birmingham, King’s College London, Cardiff University, Universidad Autonoma de Madrid, Singapore Management University, University of Zurich - Department of Banking and Finance, University of Tübingen, University of Luxembourg, affiliation not provided to SSRN, EDF Energy, United Kingdom, Aalto University, Norges Bank, University at Buffalo, SUNY, Southwestern University of Finance and Economics (SWUFE), The University of Sydney, University of Toulouse Capitole, UC3M, University of Reading - ICMA Centre, Pontificia Universidad Católica de Chile and Zhongnan University of Economics and Law - School of Finance
Downloads 12,369 (624)
Citation 3

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non-standard errors, multi-analyst approach, liquidity

2.

What Do We Know About High-Frequency Trading?

Columbia Business School Research Paper No. 13-11
Number of pages: 56 Posted: 21 Mar 2013
Charles M. Jones
Columbia University
Downloads 7,550 (1,517)
Citation 36

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algorithmic trading, automated markets, securities transaction tax

3.

Tracking Retail Investor Activity

Journal of Finance, Forthcoming
Number of pages: 86 Posted: 13 Aug 2016 Last Revised: 03 Nov 2020
Singapore Management University - Lee Kong Chian School of Business, Columbia University, Tsinghua University - PBC School of Finance and Central University of Finance and Economics (CUFE) - School of Finance
Downloads 6,120 (2,148)
Citation 154

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retail investor, price improvements, return predictability

4.

Does Algorithmic Trading Improve Liquidity?

Journal of Finance, Vol. 66, pp. 1-33, WFA 2008 Paper
Number of pages: 54 Posted: 05 Mar 2008 Last Revised: 27 Jul 2011
University of California, Berkeley - Haas School of Business, Columbia University and Vrije Universiteit Amsterdam
Downloads 5,710 (2,409)
Citation 182

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5.

A Century of Stock Market Liquidity and Trading Costs

Number of pages: 48 Posted: 13 Sep 2002
Charles M. Jones
Columbia University
Downloads 5,197 (2,857)
Citation 211

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transaction costs, bid-ask spreads, time-varying expected returns, return predictability, systematic liquidity

6.

Shackling Short Sellers: The 2008 Shorting Ban

Number of pages: 55 Posted: 02 Jun 2009 Last Revised: 01 Nov 2012
Ekkehart Boehmer, Charles M. Jones and Xiaoyan Zhang
Singapore Management University - Lee Kong Chian School of Business, Columbia University and Tsinghua University - PBC School of Finance
Downloads 3,613 (5,309)
Citation 78

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short selling, financial crisis, Section 12(k)(2)

7.

The Rise of Reddit: How Social Media Affects Retail Investors and Short-sellers’ Roles in Price Discovery

Number of pages: 60 Posted: 02 Apr 2021 Last Revised: 22 May 2023
Danqi Hu, Charles M. Jones, Valerie Zhang and Xiaoyan Zhang
Guanghua School of Management, Peking University, Columbia University, Northwestern University and Tsinghua University - PBC School of Finance
Downloads 2,756 (8,162)
Citation 10

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social media, short selling, intraday trading, retail investors

8.

The Price of Diversifiable Risk in Venture Capital and Private Equity

AFA 2003 Washington, DC Meetings
Number of pages: 53 Posted: 30 Nov 2002 Last Revised: 05 Jun 2013
Michael Ewens, Charles M. Jones and Matthew Rhodes-Kropf
Columbia Business School, Columbia University and Harvard Business School - Entrepreneurial Management Unit
Downloads 2,735 (8,267)
Citation 141

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Venture Capital, Idiosyncratic Risk, Principal-agent problem, Private Equity

9.
Downloads 2,260 (11,216)
Citation 304

Short Sale Constraints and Stock Returns

Number of pages: 56 Posted: 20 Sep 2001
Charles M. Jones and Owen A. Lamont
Columbia University and Harvard University - Department of Economics
Downloads 2,124 (12,141)
Citation 14

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mispricing, short selling, short-sale constraints, securities lending.

Short Sale Constraints and Stock Returns

NBER Working Paper No. w8494
Number of pages: 55 Posted: 29 Sep 2001 Last Revised: 18 Sep 2022
Charles M. Jones and Owen A. Lamont
Columbia University and Harvard University - Department of Economics
Downloads 136 (350,585)
Citation 102

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10.

Which Shorts are Informed?

AFA 2007 Chicago Meetings Paper
Number of pages: 48 Posted: 15 Mar 2006
Ekkehart Boehmer, Charles M. Jones and Xiaoyan Zhang
Singapore Management University - Lee Kong Chian School of Business, Columbia University and Tsinghua University - PBC School of Finance
Downloads 2,014 (13,478)
Citation 111

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short selling, return predictability, informed trading

11.

Retail Trading and Return Predictability in China

Number of pages: 87 Posted: 07 Oct 2021 Last Revised: 28 Sep 2023
Charles M. Jones, Donghui Shi, Xiaoyan Zhang and Xinran Zhang
Columbia University, Shanghai Stock Exchange, Tsinghua University - PBC School of Finance and Central University of Finance and Economics (CUFE) - School of Finance
Downloads 1,759 (16,658)

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retail investors, Chinese stock market, return predictability, information content

12.

Time Variation in Liquidity: The Role of Market Maker Inventories and Revenues

Journal of Finance, Forthcoming
Number of pages: 59 Posted: 31 Dec 2008
University of Melbourne - Department of Finance, University of California, Berkeley - Haas School of Business, Columbia University, Cornell University - SC Johnson College of Business and Arizona State University (ASU)
Downloads 1,717 (17,338)
Citation 7

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Liquidity, Market-Makers

13.

Island Goes Dark: Transparency, Fragmentation, Liquidity Externalities, and Multimarket Regulation

Number of pages: 57 Posted: 06 Jun 2003
Terrence Hendershott and Charles M. Jones
University of California, Berkeley - Haas School of Business and Columbia University
Downloads 1,510 (21,081)
Citation 45

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Transparency, multi-market trading, liquidity, fragmentation, market microstructure

14.

Market Maker Revenues and Stock Market Liquidity

Number of pages: 40 Posted: 10 Sep 2007
University of Melbourne - Department of Finance, University of California, Berkeley - Haas School of Business and Columbia University
Downloads 1,415 (23,237)
Citation 2

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financing constraints, time-varying liquidity

15.

What Do Short Sellers Know?

Review of Finance, Forthcoming
Number of pages: 48 Posted: 23 Dec 2012 Last Revised: 24 Sep 2019
Singapore Management University - Lee Kong Chian School of Business, Columbia University, University of Nebraska - Lincoln and Tsinghua University - PBC School of Finance
Downloads 1,401 (23,592)
Citation 11

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short selling, firm fundamentals news, private information, return decomposition, analysts

16.

Order Consolidation, Price Efficiency, and Extreme Liquidity Shocks

Simon School, University of Rochester, Research Paper
Number of pages: 44 Posted: 12 Nov 2003
University of Rochester - Simon School (Deceased), University of California, Berkeley - Haas School of Business and Columbia University
Downloads 1,121 (32,735)
Citation 21

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Market structure, price discovery, price efficiency, volatility, liquidity

17.

When Brokerages Restrict Retail Investors, Does the Game Stop?

Columbia Business School Research Paper Forthcoming
Number of pages: 79 Posted: 17 Mar 2021 Last Revised: 22 Nov 2021
Charles M. Jones, Adam V. Reed and William Waller
Columbia University, University of North Carolina Kenan-Flagler Business School and Tulane University - Finance & Economics
Downloads 948 (41,485)
Citation 1

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GameStop, retail investors, trading restrictions, abnormal returns, equity and options bid-ask spreads, open interest, implied volatilities, realized volatilities

18.

When Do Informed Short Sellers Trade? Evidence from Intraday Data and Implications for Informed Trading Models

Columbia Business School Research Paper Forthcoming
Number of pages: 52 Posted: 18 Feb 2021 Last Revised: 13 Sep 2021
Danqi Hu, Charles M. Jones and Xiaoyan Zhang
Guanghua School of Management, Peking University, Columbia University and Tsinghua University - PBC School of Finance
Downloads 932 (42,449)
Citation 2

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short selling, intraday trading, information content, off-exchange trading, dynamic informed trading models, institutional investors, retail investors

19.

Revealing Shorts: An Examination of Large Short Position Disclosures

AFA 2013 San Diego Meetings Paper
Number of pages: 63 Posted: 16 Aug 2011 Last Revised: 04 Mar 2015
Charles M. Jones, Adam V. Reed and William Waller
Columbia University, University of North Carolina Kenan-Flagler Business School and Tulane University - Finance & Economics
Downloads 741 (58,014)
Citation 25

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short sales, short interest, securities lending, secondary equity offering

20.

A Solution to the Palm - 3Com Spin-Off Puzzles

Columbia Business School Research Paper No. 12/52
Number of pages: 24 Posted: 05 Sep 2012 Last Revised: 04 Sep 2013
Martin Cherkes, Charles M. Jones and Chester S. Spatt
NYU, Columbia University and Carnegie Mellon University - David A. Tepper School of Business
Downloads 624 (72,427)
Citation 4

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21.

Shorting at Close Range: A Tale of Two Types

Journal of Financial Economics (JFE), Forthcoming, AFA 2012 Chicago Meetings Paper, Columbia Business School Research Paper No. 12/22
Number of pages: 50 Posted: 21 Mar 2011 Last Revised: 26 Jun 2015
University of Melbourne - Department of Finance, Columbia University and University of Technology Sydney (UTS)
Downloads 595 (76,899)
Citation 7

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short selling, information content, market quality, high-frequency trading

22.

Potential Pilot Problems: Treatment Spillovers in Financial Regulatory Experiments

Columbia Business School Research Paper No. 15-67
Number of pages: 55 Posted: 24 Jun 2015 Last Revised: 25 Sep 2018
Ekkehart Boehmer, Charles M. Jones and Xiaoyan Zhang
Singapore Management University - Lee Kong Chian School of Business, Columbia University and Tsinghua University - PBC School of Finance
Downloads 479 (100,533)
Citation 15

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interference, short sales, short interest, tick test, Regulation SHO

23.

Price Impacts and Quote Adjustment on the NASDAQ and Nyse/Amex

Paine Webber Working Paper No. 99-08
Number of pages: 36 Posted: 07 Oct 1999
Charles M. Jones and Marc L. Lipson
Columbia University and University of Virginia - Darden School of Business
Downloads 408 (121,262)
Citation 14

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24.

When Price Discovery and Market Quality Are Most Needed: The Role of Retail Investors During Pandemic

PBCSF-NIFR Research Paper Forthcoming
Number of pages: 57 Posted: 06 Jul 2022 Last Revised: 03 Aug 2023
Charles M. Jones, Lin Tan, Xiaoyan Zhang and Xinran Zhang
Columbia University, PBCSF, Tsinghua University, Tsinghua University - PBC School of Finance and Central University of Finance and Economics (CUFE) - School of Finance
Downloads 340 (148,596)

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retail investors, liquidity, volatility, high frequency trading, short selling

25.

Do Stock Prices Really Reflect Fundamental Values? The Case of Reits

NBER Working Paper No. w10850
Number of pages: 39 Posted: 27 Oct 2004 Last Revised: 26 Aug 2022
William M. Gentry, Charles M. Jones and Christopher J. Mayer
Williams College - Department of Economics, Columbia University and Columbia University - Columbia Business School, Finance
Downloads 325 (155,953)

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26.

Implementation Shortfall with Transitory Price Effects

Appeared in David Easley, Marcos López de Prado, and Maureen O'Hara, 2013, editors, "High-Frequency Trading: New Realities for Traders, Markets and Regulators.", Columbia Business School Research Paper No. 18-31
Number of pages: 24 Posted: 13 Mar 2018
University of California, Berkeley - Haas School of Business, Columbia University and Vrije Universiteit Amsterdam
Downloads 324 (156,481)
Citation 5

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Implementation shortfall, volatility decomposition, institutional investor

Execution Costs of Institutional Equity Orders

Paine Webber Working Paper No. 99-01
Number of pages: 28 Posted: 07 Oct 1999
Charles M. Jones and Marc L. Lipson
Columbia University and University of Virginia - Darden School of Business
Downloads 291 (174,226)
Citation 8

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Execution Costs of Institutional Equity Orders

Posted: 01 Nov 1999
Charles M. Jones and Marc L. Lipson
Columbia University and University of Virginia - Darden School of Business

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28.

Sixteenths: Direct Evidence on Institutional Execution Costs

Paine Webber Working Paper No. 99-03
Number of pages: 35 Posted: 07 Oct 1999
Charles M. Jones and Marc L. Lipson
Columbia University and University of Virginia - Darden School of Business
Downloads 263 (194,256)
Citation 14

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29.

Time Variation in Liquidity: The Role of Market-Maker Inventories and Revenues

Journal of Finance, Vol. 65, No. 1, pp. 295-331, 2010
Number of pages: 59 Posted: 26 Oct 2011 Last Revised: 03 Dec 2012
University of Melbourne - Department of Finance, University of California, Berkeley - Haas School of Business, Columbia University, Cornell University - SC Johnson College of Business and Arizona State University (ASU)
Downloads 136 (349,719)
Citation 19

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30.

Trading Transparency: At What Speed and Cost?

Number of pages: 11 Posted: 12 Dec 2019
Charles M. Jones and Annalyn Kurtz
Columbia University and affiliation not provided to SSRN
Downloads 125 (372,705)

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market microstructure, post-trade transparency, pre-trade transparency, clearing and settlement

Estimating and Simulating a Sird Model of Covid-19 for Many Countries, States, and Cities

CEPR Discussion Paper No. DP14711
Number of pages: 47 Posted: 08 May 2020
Jesús Fernández-Villaverde and Charles M. Jones
University of Pennsylvania - Department of Economics and Columbia University
Downloads 2 (1,057,973)
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COVID-19, estimation, SIRD model

Macroeconomic Outcomes and COVID-19: A Progress Report

CEPR Discussion Paper No. DP15393
Number of pages: 44 Posted: 03 Nov 2020
Jesús Fernández-Villaverde and Charles M. Jones
University of Pennsylvania - Department of Economics and Columbia University
Downloads 0
Citation 3
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COVID-19, Macroeconomic outcomes, Mobility Reports, Mortality

33.

Public Information and the Persistence of Bond Market Volatility

NBER Working Paper No. w5446
Number of pages: 28 Posted: 13 Jul 2000 Last Revised: 20 Nov 2022
Charles M. Jones, Owen A. Lamont and Robin L. Lumsdaine
Columbia University, Harvard University - Department of Economics and American University - Department of Finance and Real Estate
Downloads 65 (564,629)
Citation 2

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34.

Transactions, Volume and Volatility

Posted: 03 May 2000
Charles M. Jones, Gautam Kaul and Marc L. Lipson
Columbia University, University of Michigan, Stephen M. Ross School of Business and University of Virginia - Darden School of Business

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35.

Continuations, Reversals, and Adverse Selection on the NASDAQ and Nyse/Amex

Posted: 03 Nov 1998
Charles M. Jones and Marc L. Lipson
Columbia University and University of Virginia - Darden School of Business

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36.

Transaction Costs and Price Volatility: Evidence from Commission Deregulation

Posted: 10 Oct 1998
Charles M. Jones and Paul J. Seguin
Columbia University and University of Minnesota - Twin Cities - Carlson School of Management

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37.

Oil and the Stock Markets

J. OF FINANCE, Vol. 51 No. 2, June 1996
Posted: 10 Oct 1996
Charles M. Jones and Gautam Kaul
Columbia University and University of Michigan, Stephen M. Ross School of Business

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