Jiacui Li

David Eccles School of Business, University of Utah

Assistant Professor

SCHOLARLY PAPERS

10

DOWNLOADS
Rank 7,841

SSRN RANKINGS

Top 7,841

in Total Papers Downloads

11,788

TOTAL CITATIONS
Rank 8,482

SSRN RANKINGS

Top 8,482

in Total Papers Citations

50

Scholarly Papers (10)

1.

What Do Mutual Fund Investors Really Care About?

Fisher College of Business Working Paper No. 2019-03-005, Charles A. Dice Center Working Paper No. 2019-5, Review of Financial Studies, forthcoming
Number of pages: 73 Posted: 14 Mar 2019 Last Revised: 28 Sep 2021
Ohio State University (OSU) - Department of Finance, David Eccles School of Business, University of Utah, University of Arizona - Department of Finance and University of Washington - Michael G. Foster School of Business
Downloads 3,173 (8,143)
Citation 2

Abstract:

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Mutual funds, retail investors, fund flows, Morningstar, CAPM, asset pricing models

2.

What Drives the Size and Value Factors?

Number of pages: 38 Posted: 02 Feb 2017 Last Revised: 29 Jun 2021
Jiacui Li
David Eccles School of Business, University of Utah
Downloads 2,106 (15,648)
Citation 15

Abstract:

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Asset Pricing Factors, Excess Volatility, Demand Effects, Price Pressures

Ratings-Driven Demand and Systematic Price Fluctuations

Fisher College of Business Working Paper No. 2020-03-026, Charles A. Dice Working Paper No. 2020-26, Review of Financial Studies, forthcoming
Number of pages: 68 Posted: 12 Nov 2020 Last Revised: 28 Sep 2021
Ohio State University (OSU) - Department of Finance, David Eccles School of Business, University of Utah, University of Arizona - Department of Finance and University of Washington - Michael G. Foster School of Business
Downloads 1,191 (36,554)
Citation 5

Abstract:

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Correlated demand, style investing, mutual funds, momentum

Ratings-Driven Demand and Systematic Price Fluctuations

NBER Working Paper No. w28103
Number of pages: 68 Posted: 16 Nov 2020 Last Revised: 16 Apr 2023
Ohio State University (OSU) - Department of Finance, David Eccles School of Business, University of Utah, University of Arizona - Department of Finance and University of Washington - Michael G. Foster School of Business
Downloads 60 (744,966)

Abstract:

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4.

Price Multipliers are Larger at More Aggregate Levels

Number of pages: 104 Posted: 28 Mar 2022 Last Revised: 03 Feb 2025
Jiacui Li and Zihan Lin
David Eccles School of Business, University of Utah and Stanford University
Downloads 1,114 (41,035)
Citation 1

Abstract:

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Price multiplier, demand-based asset pricing, substitution, demand-elasticity

5.

Retail Bond Investors and Credit Ratings

Journal of Accounting & Economics (JAE), Forthcoming
Number of pages: 66 Posted: 28 Jun 2021 Last Revised: 26 Apr 2023
Ed deHaan, Jiacui Li and Edward M. Watts
Stanford Graduate School of Business, David Eccles School of Business, University of Utah and Yale School of Management
Downloads 1,044 (44,925)
Citation 13

Abstract:

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Credit ratings, Retail investors, Fundamental investing, Investor sophistication, Behavioral finance

6.

Why is Stock-Level Demand Inelastic? A Portfolio Choice Approach

Number of pages: 82 Posted: 07 Nov 2022 Last Revised: 10 Jan 2025
Carter Davis, Mahyar Kargar and Jiacui Li
Kelley School of Business, Indiana University, University of Illinois at Urbana-Champaign and David Eccles School of Business, University of Utah
Downloads 1,040 (45,187)
Citation 1

Abstract:

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price pass-through, spanning, demand system asset pricing, shrinkage., demand elasticity, weak factors

Discontinued Positive Feedback Trading and the Decline of Return Predictability

Fisher College of Business Working Paper No. 2021-03-03, Charles A. Dice Center Working Paper No. 2021-03
Number of pages: 50 Posted: 22 Mar 2021 Last Revised: 16 May 2022
Ohio State University (OSU) - Department of Finance, David Eccles School of Business, University of Utah, University of Arizona - Department of Finance and University of Washington - Michael G. Foster School of Business
Downloads 763 (67,957)
Citation 1

Abstract:

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positive feedback trading, mutual funds, anomalies, momentum, factor momentum

Discontinued Positive Feedback Trading and the Decline of Return Predictability

NBER Working Paper No. w28624
Number of pages: 50 Posted: 29 Mar 2021 Last Revised: 19 Mar 2023
Ohio State University (OSU) - Department of Finance, David Eccles School of Business, University of Utah, University of Arizona - Department of Finance and University of Washington - Michael G. Foster School of Business
Downloads 71 (682,313)

Abstract:

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8.

Endogenous Inattention and Risk-Specific Price Underreaction in Corporate Bonds

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 45 Posted: 03 Oct 2017 Last Revised: 30 Aug 2021
Jiacui Li
David Eccles School of Business, University of Utah
Downloads 675 (80,804)
Citation 10

Abstract:

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Investor inattention, endogenous inattention, rational inattention, price underreaction, corporate bonds

9.

Attention Constraints and Financial Inclusion

Number of pages: 77 Posted: 15 Jun 2021 Last Revised: 28 Apr 2023
Renmin University of China - School of Finance, David Eccles School of Business, University of Utah, The University of Hong Kong - Faculty of Business and Economics, The University of Hong Kong, Faculty of Business and Economics and Hong Kong University of Science & Technology (HKUST)
Downloads 419 (145,383)
Citation 2

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Attention Constraint, Financial Inclusion, Diversity, Retail Lending

10.

How Much of Cross-Stock Momentum Reflects Underreaction? 

Number of pages: 40 Posted: 16 Jan 2025 Last Revised: 17 Feb 2025
Jiacui Li and Jingda YAN
David Eccles School of Business, University of Utah and Renmin University of China, School of Business
Downloads 132 (451,710)

Abstract:

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Lead-Lag, Cross-Stock Momentum, Factor Momentum, Underreaction, Reversal

Other Papers (1)

Total Downloads: 662
1.

Brokers or Dealers? Trading Intermediation and Market Liquidity

Number of pages: 52 Posted: 17 Apr 2016 Last Revised: 28 Oct 2022
Jiacui Li and Wenhao Li
David Eccles School of Business, University of Utah and University of Southern California - Marshall School of Business
Downloads 662 (61,193)

Abstract:

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Intermediaries, Agency Trading, Principal Trading, Price Benchmark, Market Transparency