Richard Priestley

Norwegian Business School

Professor

Nydalsveien

37

N-0442 Oslo, 0283

Norway

SCHOLARLY PAPERS

30

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Top 6,013

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10,658

SSRN CITATIONS
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SSRN RANKINGS

Top 6,891

in Total Papers Citations

76

CROSSREF CITATIONS

114

Scholarly Papers (30)

1.
Downloads 1,223 ( 25,206)
Citation 4

Time-Varying Risk Premia and the Output Gap

EFA 2007 Ljubljana Meetings Paper
Number of pages: 39 Posted: 26 Sep 2006
Ilan Cooper and Richard Priestley
BI Norwegian Business School and Norwegian Business School
Downloads 769 (47,621)
Citation 3

Abstract:

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return predictability, risk premia, output gap

Time Varying Risk Premia and the Output Gap

Review of Financial Studies, Forthcoming
Number of pages: 48 Posted: 04 May 2008
Ilan Cooper and Richard Priestley
BI Norwegian Business School and Norwegian Business School
Downloads 454 (93,161)

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return predictability, risk premia, output gap

2.

A Global Macroeconomic Risk Model for Value, Momentum, and Other Asset Classes

Number of pages: 56 Posted: 22 Apr 2016 Last Revised: 07 Jul 2020
Ilan Cooper, Andreea Mitrache and Richard Priestley
BI Norwegian Business School, Toulouse Business School and Norwegian Business School
Downloads 907 (38,645)
Citation 12

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value, momentum, global macroeconomic risk

3.
Downloads 886 ( 39,940)
Citation 6

Performance Persistence of Individual Investors

Number of pages: 38 Posted: 02 Aug 2007 Last Revised: 16 Feb 2009
Limei Che, Oyvind Norli and Richard Priestley
BI Norwegian Business School, BI Norwegian Business School - Department of Financial Economics and Norwegian Business School
Downloads 702 (53,816)
Citation 2

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individual investors, stock market, performance persistence

Performance Persistence of Individual Investors

Number of pages: 38 Posted: 25 Mar 2008 Last Revised: 16 Feb 2009
Limei Che, Oyvind Norli and Richard Priestley
BI Norwegian Business School, BI Norwegian Business School - Department of Financial Economics and Norwegian Business School
Downloads 184 (237,589)
Citation 7

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Individual investors, performance, persistence

4.
Downloads 858 ( 41,732)
Citation 45

Emu and European Stock Market Integration

Number of pages: 30 Posted: 04 Oct 2001
University of Piraeus, Norwegian Business School and National Bank of GreeceUniversity of Piraeus - Department of Banking and Financial Management
Downloads 858 (41,161)
Citation 45

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Keywords: CAPM, Integration of Stock Markets, European Monetary Union.

EMU and European Stock Market Integration

Journal of Business, 2006, vol. 79, No. 1, pp. 365-392. https://doi.org/10.1086/497414
Posted: 11 Oct 2022
University of Piraeus, Bank of Greece and Norwegian Business School

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5.

Dividend Smoothing and Predictability

Number of pages: 56 Posted: 12 Oct 2008 Last Revised: 16 Mar 2011
Long Chen, Long Chen, Zhi Da and Richard Priestley
Cheung Kong Graduate School of BusinessLuohan Academy, University of Notre Dame - Mendoza College of Business and Norwegian Business School
Downloads 836 (43,211)
Citation 18

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Dividend-price ratio, earning-price ratio, dividend growth, earnings growth, predictability, dividend smoothing

6.

Corporate Governance and Real Investment Decisions

EFA 2007 Ljubljana Meetings Paper
Number of pages: 30 Posted: 16 Mar 2006
Øyvind Bøhren, Ilan Cooper and Richard Priestley
BI Norwegian Business School, BI Norwegian Business School and Norwegian Business School
Downloads 827 (43,784)
Citation 8

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real investment, corporate governance, financial constraints, underinvestment

7.

Linear and Nonlinear Exchange Rate Exposure and the Price of Exchange Rate Risk

EFA 2002 Berlin Meetings Presented Paper
Number of pages: 48 Posted: 19 Mar 2002
Bernt Arne Ødegaard and Richard Priestley
University of Stavanger and Norwegian Business School
Downloads 570 (71,281)
Citation 9

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Currency exposure, depreciation regime, appreciation regime, nonlinear exposure, exchange rate price of risk

The Impact of Globalization on the Equity Cost of Capital

Number of pages: 42 Posted: 23 Feb 2003
University of Piraeus, Norwegian Business School and National Bank of GreeceUniversity of Piraeus - Department of Banking and Financial Management
Downloads 476 (88,069)
Citation 10

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Globalization, Cost of Equity, Convergence, Integration

The Impact of Globalization on the Equity Cost of Capital

Number of pages: 47 Posted: 06 May 2004
University of Piraeus, Norwegian Business School and National Bank of GreeceUniversity of Piraeus - Department of Banking and Financial Management
Downloads 20 (760,039)
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Globalization, cost of equity, convergence, integration

9.

Real Investment, Risk and Risk Dynamics

AFA 2009 San Francisco Meetings Paper
Number of pages: 46 Posted: 25 Mar 2008 Last Revised: 12 Jun 2009
Ilan Cooper and Richard Priestley
BI Norwegian Business School and Norwegian Business School
Downloads 404 (107,620)
Citation 16

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Real Investment, Systematic Risk, Real Options, Mispricing, Tobin's q

10.

Stock Prices, Returns and Dividend Yields

Number of pages: 54 Posted: 26 Jan 2011
National Bank of GreeceUniversity of Piraeus - Department of Banking and Financial Management and Norwegian Business School
Downloads 388 (112,720)
Citation 1

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Dividend-Price Ratio, Stock Returns, Predictability, Capital Gains, Dividend Yield

11.

Exchange Rate Regimes and Exchange Rate Exposures

Norwegian School of Management Working Paper
Number of pages: 26 Posted: 12 May 2001
Richard Priestley and Bernt Arne Ødegaard
Norwegian Business School and University of Stavanger
Downloads 354 (124,846)
Citation 3

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12.

Consumption Fluctuations and Expected Returns

Journal of Finance, Forthcoming
Number of pages: 86 Posted: 11 Jan 2018 Last Revised: 08 Aug 2019
Victoria Atanasov, Stig Vinther Møller and Richard Priestley
University of Mannheim, Aarhus University - CREATES and Norwegian Business School
Downloads 352 (125,632)
Citation 7

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consumption fluctuations, marginal utility, stock returns, predictability.

13.

Dividend Growth, Cash Flow and Discount Rate News

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 45 Posted: 01 Nov 2011
Ian Garrett and Richard Priestley
Manchester Business School and Norwegian Business School
Downloads 351 (126,037)
Citation 3

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dividend growth, predictability, cash flow news, discount rate news

14.

The Duration of Equity Ownership

EFA 2005 Moscow Meetings
Number of pages: 33 Posted: 09 Mar 2005
Øyvind Bøhren, Richard Priestley and Bernt Arne Ødegaard
BI Norwegian Business School, Norwegian Business School and University of Stavanger
Downloads 348 (127,172)
Citation 12

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Corporate Governance, short-termism, Ownership Duration, Patient Owners, Impatience, Economic Performance

15.

Real Investment, Economic Efficiency and Managerial Entrenchment

Number of pages: 32 Posted: 01 Dec 2009 Last Revised: 12 Jun 2011
Øyvind Bøhren, Ilan Cooper and Richard Priestley
BI Norwegian Business School, BI Norwegian Business School and Norwegian Business School
Downloads 309 (144,354)
Citation 4

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16.

Labor Income, Relative Wealth Concerns, and the Cross-section of Stock Returns

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming, AFA 2009 San Francisco Meetings Paper, EFA 2008 Athens Meetings Paper
Number of pages: 46 Posted: 05 Mar 2008 Last Revised: 17 Mar 2015
Juan-Pedro Gomez, Richard Priestley and Fernando Zapatero
IE Business School - IE University, Norwegian Business School and Questrom School of Business, Boston University
Downloads 245 (182,485)
Citation 5

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Labor income risk, relative wealth concerns, local risk hedging, negative risk premium

17.

The Factor Structure of Time-Varying Discount Rates

Number of pages: 77 Posted: 27 Nov 2015 Last Revised: 27 Jul 2017
Victoria Atanasov, Ilan Cooper, Richard Priestley and Junhua Zhong
University of Mannheim, BI Norwegian Business School, Norwegian Business School and Donbei University of Finance and Economics
Downloads 241 (185,478)
Citation 1

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Discount rates, risk factors, term structure of equity risk premium

18.

Long Swings in the Dollar and the Exchange Rate Exposure of Stock Returns

Number of pages: 38 Posted: 01 Sep 2003
Bernt Arne Ødegaard and Richard Priestley
University of Stavanger and Norwegian Business School
Downloads 210 (211,181)
Citation 3

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Stock return regimes, industry currency exposure

19.
Downloads 195 (226,850)
Citation 5

The Cross-Section of Industry Investment Returns

Number of pages: 41 Posted: 17 Mar 2012 Last Revised: 22 Mar 2013
Ilan Cooper and Richard Priestley
BI Norwegian Business School and Norwegian Business School
Downloads 110 (359,563)

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Real Investment, Systematic Risk, Mispricing, q-theory, Investment Returns, Cost of Capital, Private Firms, Public Firms

The Expected Returns and Valuations of Private and Public Firms

Number of pages: 50 Posted: 10 Mar 2013 Last Revised: 19 Mar 2013
Ilan Cooper and Richard Priestley
BI Norwegian Business School and Norwegian Business School
Downloads 85 (423,044)
Citation 6

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Real Investment, Systematic Risk, Mispricing, q-theory, Investment Returns, Cost of Capital, Private Firms, Public Firms

The Impact of Emu on the Equity Cost of Capital

Journal of International Money and Finance, Forthcoming
Number of pages: 40 Posted: 15 Dec 2006
Norwegian Business School, National Bank of GreeceUniversity of Piraeus - Department of Banking and Financial Management and University of Piraeus
Downloads 157 (272,206)

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Asset Allocation, Convergence, Cost of Equity, EMU, Industrial Sectors, Integration

The Impact of EMU on the Equity Cost of Capital

Journal of International Money and Finance, Vol. 46, No. 1, 2007 https://doi.org/10.1016/j.jimonfin.2006.12.002
Posted: 20 Sep 2022
Bank of Greece, University of Piraeus and Norwegian Business School

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Asset allocation, Convergence, Cost of equity, EMU, Industrial Sectors, Integration

21.

Short Interest, Macroeconomic Variables and Aggregate Stock Returns

Number of pages: 37 Posted: 30 May 2019
Richard Priestley
Norwegian Business School
Downloads 122 (330,229)
Citation 1

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predictability, short interest, macroeconomic variables, financial crisis

22.

Economic Growth and the Stock Market

Number of pages: 59 Posted: 21 Jun 2022 Last Revised: 16 Sep 2022
Stig Vinther Møller and Richard Priestley
Aarhus University - CREATES and Norwegian Business School
Downloads 103 (371,183)

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discount rate news, cash flow news, macroeconomic fluctuations

23.

Foreign Portfolio Flows and the Trading Environment

Number of pages: 58 Posted: 22 Mar 2012
Kjell Jorgensen and Richard Priestley
BI Norwegian Business School - Department of Financial Economics and Norwegian Business School
Downloads 79 (437,212)
Citation 1

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Foreign Investment, Portfolio Flows, Cost of Equity Capital, Market Liquidity

24.

The Role of the Discount Rate in Investment and Employment Decisions

Journal of Financial and Quantitative Analysis, Forthcoming
Number of pages: 49 Posted: 03 Sep 2021 Last Revised: 03 Nov 2021
Stig Vinther Møller and Richard Priestley
Aarhus University - CREATES and Norwegian Business School
Downloads 78 (440,405)

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discount rates; investment growth; employment growth; cyclical consumption

25.

Management Compensation and Market Timing under Portfolio Constraints

Journal of Economic Dynamics and Control, Vol. 36, No. 10, 2012
Number of pages: 41 Posted: 25 Mar 2008 Last Revised: 17 Mar 2015
Vikas Agarwal, Juan-Pedro Gomez and Richard Priestley
Georgia State University, IE Business School - IE University and Norwegian Business School
Downloads 72 (460,380)
Citation 1

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Market Timing, Incentive Fee, Benchmarking, Portfolio Constraints

26.

An Alternative Test of the Production Based Asset Pricing Model

Number of pages: 54 Posted: 15 Dec 2020 Last Revised: 23 May 2022
Richard Priestley
Norwegian Business School
Downloads 47 (562,593)

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production based asset pricing, habit, consumption surplus, investment to capital ratio.

27.

Mean Reversion in South-East Asian Stock Markets

Journal of Empirical Finance, Vol. 6, No. 4, 1999 https://doi.org/10.1016/S0927-5398(99)00010-9
Posted: 20 Sep 2022
Dimitrios Malliaropulos and Richard Priestley
Bank of Greece and Norwegian Business School

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Predictability, Bootstrap, Efficiency, Partial integration, Emerging markets, Time-varying expected returns

28.

Time-Varying Risk Premiums and the Output Gap

The Review of Financial Studies, Vol. 22, Issue 7, pp. 2601-2633, 2009
Posted: 22 Jun 2009
Ilan Cooper and Richard Priestley
BI Norwegian Business School and Norwegian Business School

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E44, G12, G14

29.

Implications of Keeping up with the Joneses Behavior for the Equilibrium Cross Section of Stock Returns: International Evidence

Implications of Keeping-up-with-the-Joneses Behavior for the Equilibrium Cross Section of Stock Returns: International Evidence Juan-Pedro Gómez, Richard Priestley and Fernando Zapatero The Journal of Finance Vol. 64, No. 6 (Dec., 2009), pp. 2703-2737
Posted: 03 Feb 2009 Last Revised: 17 Mar 2015
Juan-Pedro Gomez, Richard Priestley and Fernando Zapatero
IE Business School - IE University, Norwegian Business School and Questrom School of Business, Boston University

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Keeping up with the Joneses, restricted market participation, international asset pricing, local risk, global risk

30.

Dividend Behavior and Dividend Signaling

Posted: 16 Aug 2000
Richard Priestley and Ian Garrett
Norwegian Business School and Manchester Business School

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