Anna Scherbina

University of California, Davis - Graduate School of Management

One Shields Avenue

Davis, CA 95616

United States

SCHOLARLY PAPERS

17

DOWNLOADS
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Top 2,336

in Total Papers Downloads

11,683

CITATIONS
Rank 2,897

SSRN RANKINGS

Top 2,897

in Total Papers Citations

192

Scholarly Papers (17)

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
University of Notre Dame - Department of Finance, University of California, Davis - Graduate School of Management and Board of Governors of the Federal Reserve System
Downloads 1,618 (5,458)
Citation 2

Abstract:

Corporate News, Event Study, Market Efficiency

2.

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 University of California, Davis - Graduate School of Management
Downloads 1,251 (11,074)
Citation 43

Abstract:

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

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 University of California, Davis - Graduate School of Management
Downloads 1,246 (11,292)
Citation 4

Abstract:

Real Estate, Price Index, Great Depression

Real Estate Prices During the Roaring Twenties and the Great Depression

Real Estate Economics, Vol. 41, Issue 2, pp. 278-309, 2013
Number of pages: 32 Posted: 18 Jun 2013
Tom Nicholas and Anna Scherbina
Harvard University - Entrepreneurial Management Unit and University of California, Davis - Graduate School of Management
Downloads 0
Citation 4

Abstract:

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 - Robert Emmett McDonough School of Business, University of California, Davis - Graduate School of Management and Fordham University - Gabelli School of Business
Downloads 556 (36,849)
Citation 4

Abstract:

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 - Robert Emmett McDonough School of Business, University of California, Davis - Graduate School of Management and Fordham University - Gabelli School of Business
Downloads 421 (52,522)
Citation 4

Abstract:

idiosyncratic volatility shocks, unusual news events, divergence of opinion

5.

Asset Price Bubbles: A Survey

Number of pages: 43 Posted: 28 Mar 2011 Last Revised: 03 Feb 2013
Anna Scherbina and Bernd Schlusche
University of California, Davis - Graduate School of Management and Board of Governors of the Federal Reserve System
Downloads 945 (14,592)

Abstract:

Bubbles, Limits to Arbitrage, Financial Crisis

6.
Downloads 850 ( 20,690)
Citation 15

Inheriting Losers

EFA 2005 Moscow Meetings
Number of pages: 52 Posted: 06 Mar 2005 Last Revised: 22 Jan 2009
Anna Scherbina and Li Jin
University of California, Davis - Graduate School of Management and Harvard Business School - Finance Unit
Downloads 602 (33,111)
Citation 15

Abstract:

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
University of California, Davis - Graduate School of Management and Harvard Business School - Finance Unit
Downloads 248 (96,460)
Citation 15

Abstract:

Sunk-Cost Fallacy, Price Pressure, Managerial Turnover

7.

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
University of California, Davis - Graduate School of Management
Downloads 782 (21,602)
Citation 8

Abstract:

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

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
University of California, Davis - Graduate School of Management and Board of Governors of the Federal Reserve System
Downloads 882 (19,246)

Abstract:

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

9.

Analyst Disagreement, Forecast Bias and Stock Returns

HBS Publishing, Forthcoming
Number of pages: 48 Posted: 05 Apr 2006
Anna Scherbina
University of California, Davis - Graduate School of Management
Downloads 638 (28,404)
Citation 13

Abstract:

analyst disagreement, earnings momentum, forecast bias, missing forecasts

10.
Downloads 435 ( 50,984)
Citation 1

Mispricing and Costly Arbitrage

Number of pages: 20 Posted: 31 Aug 2008
Ronnie Sadka and Anna Scherbina
Boston College - Carroll School of Management and University of California, Davis - Graduate School of Management
Downloads 435 (50,464)
Citation 1

Abstract:

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 University of California, Davis - Graduate School of Management

Abstract:

11.

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
University of California, Davis - Graduate School of Management and Board of Governors of the Federal Reserve System
Downloads 294 (50,276)

Abstract:

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

12.

Asset Price Bubbles: A Selective Survey

IMF Working Paper No. 13/45
Number of pages: 42 Posted: 07 Mar 2013
Anna Scherbina
University of California, Davis - Graduate School of Management
Downloads 289 (56,492)

Abstract:

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,

Suppressed Negative Information and Future Underperformance

Number of pages: 41 Posted: 17 Apr 2007
Anna Scherbina
University of California, Davis - Graduate School of Management
Downloads 259 (92,106)
Citation 9

Abstract:

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
University of California, Davis - Graduate School of Management

Abstract:

G12, G14, G20

14.

The Declining U.S. Equity Premium

NBER Working Paper No. w8172
Number of pages: 44 Posted: 16 Mar 2001
Ellen R. McGrattan, Anna Scherbina and Ravi Jagannathan
Federal Reserve Bank of Minneapolis - Research Department, University of California, Davis - Graduate School of Management and Northwestern University - Kellogg School of Management
Downloads 130 (169,584)
Citation 87

Abstract:

15.

Asset Bubbles: An Application to Residential Real Estate

European Financial Management, Vol. 18, Issue 3, pp. 464-491, 2012
Number of pages: 28 Posted: 19 May 2012
Anna Scherbina and Bernd Schlusche
University of California, Davis - Graduate School of Management and Board of Governors of the Federal Reserve System
Downloads 1 (522,606)

Abstract:

bubbles, residential real estate, limits to arbitrage, financial crisis

16.

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 - Robert Emmett McDonough School of Business, University of Illinois at Chicago, University of California, Davis - Graduate School of Management and Fordham University - Gabelli School of Business
Downloads 0 (94,071)
Citation 4

Abstract:

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

17.

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 University of California, Davis - Graduate School of Management

Abstract:

analyst forecasts, dispersion, differences of opinion, stock returns

Other Papers (1)

Total Downloads: 356    Citations: 11
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
University of California, Davis - Graduate School of Management and Harvard Business School - Finance Unit
Downloads 320
Citation 11

Abstract:

Disposition effect, mutual funds, managerial change, momentum