Anna Scherbina

Brandeis University

415 South Street

Waltham, MA 02453

United States

http://sites.google.com/a/brandeis.edu/anna-scherbina/

SCHOLARLY PAPERS

23

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23,331

SSRN CITATIONS
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Top 4,986

in Total Papers Citations

217

CROSSREF CITATIONS

160

Scholarly Papers (23)

1.

Market Reaction to Corporate Press Releases

Number of pages: 58 Posted: 21 Feb 2010 Last Revised: 13 Nov 2011
Andreas Neuhierl, Anna Scherbina and Bernd Schlusche
Washington University in St. Louis - John M. Olin Business School, Brandeis University and Board of Governors of the Federal Reserve System
Downloads 4,568 (4,206)
Citation 29

Abstract:

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Corporate News, Event Study, Market Efficiency

2.

Cross-Firm Information Flows and the Predictability of Stock Returns

Number of pages: 77 Posted: 11 May 2013 Last Revised: 21 Mar 2016
Anna Scherbina and Bernd Schlusche
Brandeis University and Board of Governors of the Federal Reserve System
Downloads 2,066 (15,004)
Citation 1

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Information Leadership, Lead-Lag Effect, Corporate News Announcements, Limited Attention, Market Efficiency

3.

Real Estate Prices During the Roaring Twenties and the Great Depression

UC Davis Graduate School of Management Research Paper No. 18-09
Number of pages: 44 Posted: 08 Sep 2009 Last Revised: 24 Mar 2011
Tom Nicholas and Anna Scherbina
Harvard University - Entrepreneurial Management Unit and Brandeis University
Downloads 1,927 (16,736)
Citation 6

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Real Estate, Price Index, Great Depression

4.

Asset Price Bubbles: A Survey

Number of pages: 43 Posted: 28 Mar 2011 Last Revised: 03 Feb 2013
Anna Scherbina and Bernd Schlusche
Brandeis University and Board of Governors of the Federal Reserve System
Downloads 1,598 (22,418)
Citation 12

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Bubbles, Limits to Arbitrage, Financial Crisis

5.

Analyst Disagreement, Mispricing and Liquidity

Journal of Finance, Forthcoming, EFA 2005 Moscow Meetings Paper
Number of pages: 42 Posted: 07 Jul 2004
Ronnie Sadka and Anna Scherbina
Boston College - Carroll School of Management and Brandeis University
Downloads 1,513 (24,406)
Citation 14

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Analyst disagreement, mispricing, liquidity, Kyle lambda, limits of arbitrage

Unusual News Events and the Cross-Section of Stock Returns

Number of pages: 66 Posted: 18 Mar 2009 Last Revised: 27 Feb 2012
Turan G. Bali, Anna Scherbina and Yi Tang
Georgetown University - McDonough School of Business, Brandeis University and Fordham University - Gabelli School of Business
Downloads 777 (61,930)
Citation 6

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unusual news events, volatility shocks, differences of opinion

Unusual News Events and the Cross-Section of Stock Returns

UC Davis Graduate School of Management Research Paper No. 10-09
Number of pages: 66 Posted: 27 Jan 2009 Last Revised: 27 Feb 2012
Turan G. Bali, Anna Scherbina and Yi Tang
Georgetown University - McDonough School of Business, Brandeis University and Fordham University - Gabelli School of Business
Downloads 504 (107,450)
Citation 4

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idiosyncratic volatility shocks, unusual news events, divergence of opinion

7.

Determining the Optimal Duration of the COVID-19 Suppression Policy: A Cost-Benefit Analysis

Number of pages: 30 Posted: 27 Mar 2020 Last Revised: 04 May 2020
Anna Scherbina
Brandeis University
Downloads 1,226 (33,244)
Citation 18

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COVID-19, Pandemic Curve, Attack Rate, Cost-Benefit Analysis, Non-Pharmaceutical Interventions, Public Health Policy, Suppression, Mitigation, Lockdown

8.
Downloads 1,097 (39,001)
Citation 26

Inheriting Losers

EFA 2005 Moscow Meetings
Number of pages: 52 Posted: 06 Mar 2005 Last Revised: 22 Jan 2009
Anna Scherbina and Li Jin
Brandeis University and Harvard Business School - Finance Unit
Downloads 751 (64,748)
Citation 1

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Sunk-Cost Fallacy, Price Pressure, Managerial Turnover

Inheriting Losers

8th Annual Texas Finance Festival
Number of pages: 52 Posted: 07 Apr 2006 Last Revised: 04 Sep 2008
Anna Scherbina and Li Jin
Brandeis University and Harvard Business School - Finance Unit
Downloads 346 (166,130)
Citation 15

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Sunk-Cost Fallacy, Price Pressure, Managerial Turnover

9.

Stock Prices and Differences of Opinion: Empirical Evidence that Prices Reflect Optimism

Kellogg Graduate School of Management Working Paper
Number of pages: 56 Posted: 09 May 2001
Anna Scherbina
Brandeis University
Downloads 1,081 (39,836)
Citation 7

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Differences of opinion, forecast dispersion, optimism, disagreement about stock value, analyst forecasts, price bias, short-sale costs, disagreement, consensus forecast bias, market efficiency

10.

Analyst Disagreement, Forecast Bias and Stock Returns

HBS Publishing, Forthcoming
Number of pages: 48 Posted: 05 Apr 2006
Anna Scherbina
Brandeis University
Downloads 1,056 (41,141)
Citation 23

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analyst disagreement, earnings momentum, forecast bias, missing forecasts

11.

Performance Isn't Everything: Personal Characteristics and Career Outcomes of Mutual Fund Managers

Number of pages: 79 Posted: 07 Sep 2017 Last Revised: 20 May 2018
Brad M. Barber, Anna Scherbina and Bernd Schlusche
University of California, Davis, Brandeis University and Board of Governors of the Federal Reserve System
Downloads 1,030 (42,644)
Citation 3

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Women in Finance, Diversity, Career Advancement, Mutual Fund Industry, Mutual Fund Managers, Mutual Fund Manager Performance

12.

Economic Linkages Inferred from News Stories and the Predictability of Stock Returns

Number of pages: 53 Posted: 05 Dec 2013 Last Revised: 30 Dec 2015
Anna Scherbina and Bernd Schlusche
Brandeis University and Board of Governors of the Federal Reserve System
Downloads 1,005 (44,170)
Citation 10

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News Media, Soft Information, Linked Stocks, Information Leadership, Lead-Lag Effect, Complex Information, Limited Attention, Market Efficiency

13.

Asset Price Bubbles: A Selective Survey

IMF Working Paper No. 13/45
Number of pages: 42 Posted: 07 Mar 2013
Anna Scherbina
Brandeis University
Downloads 699 (72,169)
Citation 1

Abstract:

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Asset prices, Bubbles, Business cycles, Economic models, Financial Crisis., Investment, Limits to Arbitrage, asset bubbles, asset markets, bond, bond rating, bond ratings, bonds, cash flow, cash flows, corporate bonds, derivative, derivative contract, discount rate, discounted cash flows, financial economics, financial innovation, financial liberalization, financial markets, financial sector, financial stability, future cash flows, hedge, hedge fund, hedge fund managers, hedge funds, hedging, housing construction, housing supply, moral hazard, mortgage, mortgage lenders, mortgage loan, mortgage loans, mortgage payment, mortgage payments, mortgage rates, mortgage-backed securities, mortgages,

14.

Unusual News Flow and the Cross-Section of Stock Returns

Georgetown McDonough School of Business Research Paper No. 2820320, Gabelli School of Business, Fordham University Research Paper No. 2820320
Number of pages: 56 Posted: 12 Aug 2016 Last Revised: 15 Nov 2016
Turan G. Bali, Andriy Bodnaruk, Anna Scherbina and Yi Tang
Georgetown University - McDonough School of Business, University of Illinois at Chicago, Brandeis University and Fordham University - Gabelli School of Business
Downloads 628 (82,576)
Citation 17

Abstract:

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Unusual News Flow, Volatility Shocks, Short Sale Constraints, Market Efficiency

15.
Downloads 597 (88,039)

Mispricing and Costly Arbitrage

Number of pages: 20 Posted: 31 Aug 2008
Ronnie Sadka and Anna Scherbina
Boston College - Carroll School of Management and Brandeis University
Downloads 597 (86,938)
Citation 1

Abstract:

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limits to arbitrage, liquidity, analyst disagreement

Mispricing and Costly Arbitrage

Journal of Investment Management (JOIM), First Quarter 2010
Posted: 13 Mar 2010 Last Revised: 03 Jun 2010
Ronnie Sadka and Anna Scherbina
Boston College - Carroll School of Management and Brandeis University

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16.

Follow the Leader: Using the Stock Market to Uncover Information Flows Between Firms

Number of pages: 71 Posted: 12 Nov 2018 Last Revised: 06 Dec 2018
Anna Scherbina and Bernd Schlusche
Brandeis University and Board of Governors of the Federal Reserve System
Downloads 586 (90,132)
Citation 7

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Information Leadership, Lead-Lag Effect, Corporate News Announcements, Limited Attention, Market Efficiency

Suppressed Negative Information and Future Underperformance

Number of pages: 41 Posted: 17 Apr 2007
Anna Scherbina
Brandeis University
Downloads 430 (129,896)
Citation 8

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analyst incentives, dropped coverage, mispricing, earnings surprises

Suppressed Negative Information and Future Underperformance

Review of Finance, Vol. 12, Issue 3, pp. 533-565, 2008
Posted: 08 Aug 2008
Anna Scherbina
Brandeis University

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G12, G14, G20

18.

The Declining U.S. Equity Premium

NBER Working Paper No. w8172
Number of pages: 44 Posted: 16 Mar 2001 Last Revised: 31 Oct 2022
Ellen R. McGrattan, Anna Scherbina and Ravi Jagannathan
Federal Reserve Bank of Minneapolis - Research Department, Brandeis University and Northwestern University - Kellogg School of Management
Downloads 228 (256,514)
Citation 7

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19.

The Effect of Malicious Cyber Activity on the U.S. Corporate Sector

Number of pages: 66 Posted: 07 Apr 2023 Last Revised: 16 Apr 2024
Anna Scherbina and Bernd Schlusche
Brandeis University and Board of Governors of the Federal Reserve System
Downloads 198 (292,228)

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Cyberattacks, Malicious Cyber Activity, Cyber Threat Actors, Cybersecurity Initiatives, Intellectual Property Theft, Trade Secrets, Critical Infrastructures, Emerging Technologies, Defense Contracts, Government Contracts, Spillover Effects, Economically Linked Firms, Corporate Transparency

20.

Unencumbered by Style: Why do Funds Change Factor Loadings and Does it Help?

Number of pages: 63 Posted: 12 Jan 2022 Last Revised: 06 Nov 2023
Ting Bai, Jens Hilscher and Anna Scherbina
University of California, Davis, University of California, Davis and Brandeis University
Downloads 192 (300,585)

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Mutual fund style, style changes, active fund management, manager skill, factor timing, tactical investment skill

21.

Could the United States Benefit from a Lockdown? A Cost-Benefit Analysis

Number of pages: 31 Posted: 13 Jan 2021
Anna Scherbina
Brandeis University
Downloads 177 (323,243)
Citation 2

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COVID-19, Pandemic Curve, Cost-Benefit Analysis, Non-Pharmaceutical Interventions, Public Health Policy, Lockdown

22.

Would the United States Benefit from a COVID Lockdown? Reassessing the Situation

Number of pages: 33 Posted: 22 Feb 2021
Anna Scherbina
Brandeis University
Downloads 148 (376,517)

Abstract:

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COVID-19, Pandemic Curve, Cost-Benefit Analysis, Non-Pharmaceutical Interventions, Public Health Policy, Lockdown, Vaccinations

23.

Differences of Opinion and the Cross-Section of Stock Returns

Journal of Finance, Vol. 57, No. 5, October 2002
Posted: 11 Dec 2003
Karl Diether, Christopher J. Malloy and Anna Scherbina
University of Chicago - Booth School of Business, Harvard Business School and Brandeis University

Abstract:

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analyst forecasts, dispersion, differences of opinion, stock returns

Other Papers (1)

Total Downloads: 526
1.

Change is Good or the Disposition Effect Among Mutual Fund Managers

AFA 2006 Boston Meetings Paper
Number of pages: 28 Posted: 25 Mar 2005
Anna Scherbina and Li Jin
Brandeis University and Harvard Business School - Finance Unit
Downloads 526

Abstract:

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Disposition effect, mutual funds, managerial change, momentum