Huseyin Gulen

Mitchell E. Daniels, Jr School of Business, Purdue University

403 Mitch Daniels Blvd.

West Lafayette, IN 47907

United States

Purdue University - Krannert School of Management

1310 Krannert Building

West Lafayette, IN 47907-1310

United States

SCHOLARLY PAPERS

34

DOWNLOADS
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Top 877

in Total Papers Downloads

50,338

SSRN CITATIONS
Rank 1,229

SSRN RANKINGS

Top 1,229

in Total Papers Citations

1,242

CROSSREF CITATIONS

80

Scholarly Papers (34)

1.

Performance for Pay? The Relation Between CEO Incentive Compensation and Future Stock Price Performance

Number of pages: 52 Posted: 19 Mar 2010 Last Revised: 02 Dec 2016
University of Utah - David Eccles School of Business, Mitchell E. Daniels, Jr School of Business, Purdue University and University of Cambridge
Downloads 11,076 (889)
Citation 13

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Executive compensation, Pay-performance relationship

2.

Asset Growth and the Cross-Section of Stock Returns

AFA 2007 Chicago Meetings Paper
Number of pages: 54 Posted: 26 Jul 2005
University of Utah - David Eccles School of Business, Mitchell E. Daniels, Jr School of Business, Purdue University and University of Virginia - Darden School of Business
Downloads 4,868 (3,623)
Citation 354

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Firm asset growth, stock returns, market efficiency

3.

Return Differences between Trading and Non-Trading Hours: Like Night and Day

Number of pages: 48 Posted: 27 Mar 2008 Last Revised: 29 Sep 2008
Michael J. Cooper, Michael T. Cliff and Huseyin Gulen
University of Utah - David Eccles School of Business, Analysis Group and Mitchell E. Daniels, Jr School of Business, Purdue University
Downloads 4,470 (4,195)
Citation 24

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anomalies, non-trading, market closure, weekend effect

The Asset Growth Effect in Stock Returns

Darden Business School Working Paper No. 1335524
Number of pages: 22 Posted: 31 Jan 2009
University of Utah - David Eccles School of Business, Mitchell E. Daniels, Jr School of Business, Purdue University and University of Virginia - Darden School of Business
Downloads 4,000 (4,932)
Citation 3

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Asset growth, Cross-section of stock returns

The Asset Growth Effect in Stock Returns

Journal of Investment Management, Third Quarter, 2010
Posted: 26 Oct 2010
University of Utah - David Eccles School of Business, Mitchell E. Daniels, Jr School of Business, Purdue University and University of Virginia - Darden School of Business

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Balance sheet growth, investment, anomalies

5.

Policy Uncertainty and Corporate Investment

Review of Financial Studies, Vol. 29 (3), 2016, 523-564
Number of pages: 49 Posted: 11 Dec 2012 Last Revised: 30 May 2017
Huseyin Gulen and Mihai Ion
Mitchell E. Daniels, Jr School of Business, Purdue University and University of Arizona - Department of Finance
Downloads 2,962 (8,216)
Citation 125

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Political Uncertainty, Policy Uncertainty, Corporate Investment, Investment Irreversibility, Financial Constraints

6.

Absolute Strength: Exploring Momentum in Stock Returns

Number of pages: 73 Posted: 01 Aug 2015 Last Revised: 08 Aug 2018
Huseyin Gulen and Ralitsa Petkova
Mitchell E. Daniels, Jr School of Business, Purdue University and Case Western Reserve University - Department of Banking & Finance
Downloads 2,772 (9,093)
Citation 4

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7.

Does Policy Uncertainty Affect Mergers and Acquisitions?

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 78 Posted: 25 Jul 2016 Last Revised: 31 May 2017
Alice A. Bonaime, Huseyin Gulen and Mihai Ion
University of Arizona, Mitchell E. Daniels, Jr School of Business, Purdue University and University of Arizona - Department of Finance
Downloads 2,083 (14,387)
Citation 56

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Mergers and Acquisitions, Policy Uncertainty, Real Options

8.

Corporate Political Contributions and Stock Returns

Number of pages: 47 Posted: 28 Oct 2006 Last Revised: 14 Mar 2013
University of Utah - David Eccles School of Business, Mitchell E. Daniels, Jr School of Business, Purdue University and HEC Paris - Finance Department
Downloads 1,921 (16,276)
Citation 163

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political connections, stock returns

9.

Risk Management Research Report - Spring 2010

Risk Management Research Report, Spring 2010
Number of pages: 16 Posted: 23 Apr 2010
HEC Paris - Finance Department, affiliation not provided to SSRN, University of Massachusetts Amherst - Department of Finance, Brooklyn College - CUNY, Drexel University, Loyola Marymount University - Department of Finance, University of Rochester - Simon Business School, Temple University - Department of Finance, Southern Illinois University - Department of Economics & Finance, University of California, Santa Barbara (UCSB) - Department of Economics, University of California, San Diego (UCSD) - Rady School of Management, University of Utah - David Eccles School of Business, Mitchell E. Daniels, Jr School of Business, Purdue University, HEC Paris - Finance Department, Harvard Law School, Columbia University - Columbia Business School, Finance, New York University (NYU) - Department of Finance, Department of Economics, Texas A&M University, Texas A&M University - Department of Economics, International Food Policy Research Institute (IFPRI)International Food Policy Research Institute (IFPRI), University of Navarra, IESE Business School, University of Georgia - Department of Banking and Finance, Southern Methodist University (SMU) - Finance Department, Pennsylvania State University, Smeal College of Business, University of California at Los Angeles - Anderson School of Management, INSEAD, University of South Florida - College of Business Administration, Fordham University, New York University (NYU) - Department of Finance, Fordham University - Gabelli School of Business and Loyola University of Chicago - Department of Finance
Downloads 1,438 (25,471)

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Risk, Risk Management, Derivatives, Corporate Governance, Financial Derivatives, Value-At-Risk, VaR, Ethics, Volatility, Variance, Standard Deviation, Systemic, Systematic

Changing Names with Style: Mutual Fund Name Changes and Their Effects on Fund Flows

Number of pages: 52 Posted: 23 Jul 2003
University of Utah - David Eccles School of Business, Mitchell E. Daniels, Jr School of Business, Purdue University and University of Cambridge
Downloads 1,310 (28,736)
Citation 91

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Mutual funds, Fund flows, Behavioral finance, Name changes, Anomalies

Changing Names with Style: Mutual Fund Name Changes and Their Effects on Fund Flows

Journal of Finance, Vol. 60, No. 6, pp. 2825-2858, 2005
Posted: 01 Dec 2004
University of Utah - David Eccles School of Business, Mitchell E. Daniels, Jr School of Business, Purdue University and University of Cambridge

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Name changes, market efficiency, cosmetic effects, mutual fund flows

11.

Extrapolation Bias and the Predictability of Stock Returns by Price-Scaled Variables

Number of pages: 73 Posted: 22 Oct 2015 Last Revised: 05 Sep 2017
Stefano Cassella and Huseyin Gulen
Tilburg University- School of Economics and Management and Mitchell E. Daniels, Jr School of Business, Purdue University
Downloads 1,152 (35,183)
Citation 30

Abstract:

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12.

Investing in Size and Book-to-Market Portfolios Using Information About the Macroeconomy: Some New Trading Rules

Number of pages: 51 Posted: 16 Apr 2001
Michael J. Cooper, Huseyin Gulen and Maria Vassalou
University of Utah - David Eccles School of Business, Mitchell E. Daniels, Jr School of Business, Purdue University and Centre for Economic Policy Research (CEPR)
Downloads 1,098 (37,695)
Citation 24

Abstract:

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13.

The Use of Asset Growth in Empirical Asset Pricing Models

Number of pages: 80 Posted: 28 Aug 2017 Last Revised: 30 Jul 2023
Michael J. Cooper, Huseyin Gulen and Mihai Ion
University of Utah - David Eccles School of Business, Mitchell E. Daniels, Jr School of Business, Purdue University and University of Arizona - Department of Finance
Downloads 928 (47,823)
Citation 2

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Anomalies, factor model, asset growth, investment, the q-factor model, dividend discount model, overextrapolation

14.

Daily Stock Market Swings and Investor Reaction to Firm-Specific News

Number of pages: 36 Posted: 28 Sep 2011 Last Revised: 26 Jun 2012
Huseyin Gulen and Byoung-Hyoun Hwang
Mitchell E. Daniels, Jr School of Business, Purdue University and Nanyang Business School, Nanyang Technological University
Downloads 911 (49,075)
Citation 5

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Stock Market Swings, Investor Reaction, Firm-Specific News Announcements

Value Versus Growth: Time-Varying Expected Stock Returns

Ross School of Business Paper No. 1115
Number of pages: 44 Posted: 23 Sep 2008 Last Revised: 16 Sep 2009
Huseyin Gulen, Yuhang Xing and Lu Zhang
Mitchell E. Daniels, Jr School of Business, Purdue University, Rice University and Ohio State University - Fisher College of Business
Downloads 780 (59,726)
Citation 16

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Value stocks, growth stocks, regime switching, time-varying expected returns, real flexibility

Value Versus Growth: Time-Varying Expected Stock Returns

NBER Working Paper No. w15993
Number of pages: 36 Posted: 17 May 2010 Last Revised: 15 Mar 2023
Huseyin Gulen, Yuhang Xing and Lu Zhang
Mitchell E. Daniels, Jr School of Business, Purdue University, Rice University and Ohio State University - Fisher College of Business
Downloads 106 (472,863)
Citation 9

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16.

Horizon Bias and the Term Structure of Equity Returns

Number of pages: 61 Posted: 14 Feb 2019 Last Revised: 29 Nov 2021
Tilburg University- School of Economics and Management, University of Notre Dame, Mitchell E. Daniels, Jr School of Business, Purdue University and University of Notre Dame
Downloads 763 (62,555)
Citation 3

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term structure of equities, extrapolation, optimism bias

17.

Balancing external vs. internal validity: An application of causal forest in finance

Number of pages: 99 Posted: 20 May 2020 Last Revised: 11 Jan 2023
Huseyin Gulen, Candace Jens and T. Beau Page
Mitchell E. Daniels, Jr School of Business, Purdue University, Syracuse University - Whitman School of Management and Government of the United States of America - Office of the Comptroller of the Currency (OCC)
Downloads 693 (70,739)
Citation 1

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causal forest, investment, financing, RDD, machine learning

18.

Motivated Beliefs in Macroeconomic Expectations

Number of pages: 63 Posted: 11 Feb 2021 Last Revised: 05 Aug 2023
Tilburg University- School of Economics and Management, University of Notre Dame, Mitchell E. Daniels, Jr School of Business, Purdue University and University of Notre Dame
Downloads 671 (73,720)
Citation 2

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Motivated beliefs, Expectation formation, Wishful thinking, Economic forecasting, Economic models, Expectations, Optimism bias, Survey forecasts, Macroeconomic forecasts.

19.

Extrapolators at the Gate: Market-wide Misvaluation and the Value Premium

Number of pages: 74 Posted: 23 Nov 2020 Last Revised: 02 Jan 2024
Tilburg University- School of Economics and Management, Renmin University of China - School of Finance, Mitchell E. Daniels, Jr School of Business, Purdue University and Case Western Reserve University - Department of Banking & Finance
Downloads 665 (74,584)

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Value premium, extrapolation, extrapolative expectations, style investing, predictability

20.

Contrarians, Extrapolators, and Stock Market Momentum and Reversal

Number of pages: 66 Posted: 07 Dec 2020 Last Revised: 08 Jan 2023
Purdue University - Krannert School of Management, Tilburg University- School of Economics and Management, Mitchell E. Daniels, Jr School of Business, Purdue University and Purdue University - Krannert School of Management
Downloads 604 (84,099)
Citation 4

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Extrapolative expectations, extrapolators, autocorrelation, momentum, reversal

Good Stewards, Cheap Talkers, or Family Men? The Impact of Mutual Fund Closures on Fund Managers, Flows, Fees, and Performance

EFA 2005 Moscow Meetings, Yale SOM Working Paper No. 03-30, Pace University Finance Research Paper No. 2005/03
Number of pages: 34 Posted: 10 Jul 2005
IMD International, Mitchell E. Daniels, Jr School of Business, Purdue University, Pace University - Lubin School of Business and University of Cambridge
Downloads 585 (86,548)
Citation 11

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Mutual funds, Fund flows, Fund size, Fund returns, Fund manager performance

Good Stewards, Cheap Talkers, or Family Men? The Impact of Mutual Fund Closures on Fund Managers, Flows, Fees, and Performance

Review of Financial Studies, Vol. 20, No. 3, pp. 953-982, 2007, Pace University Finance Research Paper No. 2006/05
Posted: 10 May 2006 Last Revised: 04 Sep 2019
Mitchell E. Daniels, Jr School of Business, Purdue University, University of Cambridge, IMD International and Pace University - Lubin School of Business

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Mutual funds, Fund flows, Fund size, Fund returns, Fund manager performance

22.

Extrapolation Bias and Short-Horizon Return Predictability

Kelley School of Business Research Paper No. 2021-09
Number of pages: 77 Posted: 09 Mar 2021 Last Revised: 07 May 2024
Huseyin Gulen and Michael Woeppel
Mitchell E. Daniels, Jr School of Business, Purdue University and Indiana University - Kelley School of Business - Department of Finance
Downloads 576 (89,312)

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Extrapolative expectations, overextrapolation, short-horizon return predictability

23.

Belief-based Equity Market Sentiment

Number of pages: 87 Posted: 22 Feb 2018 Last Revised: 03 Oct 2019
Stefano Cassella and Huseyin Gulen
Tilburg University- School of Economics and Management and Mitchell E. Daniels, Jr School of Business, Purdue University
Downloads 523 (100,778)
Citation 1

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Expectations, sentiment, beliefs, representativeness heuristic, overextrapolation, cross-section, asset pricing

24.

Extracting Extrapolative Beliefs from Market Prices: An Augmented Present-Value Approach

Number of pages: 64 Posted: 18 May 2021 Last Revised: 21 Aug 2023
Stefano Cassella, Te-Feng Chen, Huseyin Gulen and Yan Liu
Tilburg University- School of Economics and Management, Hong Kong Polytechnic University, Mitchell E. Daniels, Jr School of Business, Purdue University and Purdue University
Downloads 502 (105,968)

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Present value, Structural estimation, Expectations, Extrapolation bias, Behavioral, Sentiment, Predictive regression, Discount rate, Dividend growth

Credit Cycles, Expectations, and Corporate Investment

Number of pages: 105 Posted: 08 May 2019 Last Revised: 20 Feb 2024
Huseyin Gulen, Mihai Ion, Candace Jens and Stefano Rossi
Mitchell E. Daniels, Jr School of Business, Purdue University, University of Arizona - Department of Finance, Syracuse University - Whitman School of Management and Bocconi University
Downloads 500 (105,315)
Citation 1

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Credit-market sentiment, credit cycles, corporate investment, over-extrapolation

Credit Cycles, Expectations, and Corporate Investment

CEPR Discussion Paper No. DP13679
Number of pages: 85 Posted: 24 Apr 2019
Stefano Rossi, Huseyin Gulen and Mihai Ion
Bocconi University, Mitchell E. Daniels, Jr School of Business, Purdue University and University of Arizona - Department of Finance
Downloads 1 (1,177,700)
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corporate investment, Credit cycles, Credit-market sentiment, over-extrapolation

26.

Is Time-Series Based Predictability Evident in Real Time?

Number of pages: 36 Posted: 30 Nov 2001
Michael J. Cooper and Huseyin Gulen
University of Utah - David Eccles School of Business and Mitchell E. Daniels, Jr School of Business, Purdue University
Downloads 469 (114,918)
Citation 12

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27.

The Selective Enforcement of Government Regulation: Battleground States, State Regulators, and the EPA

Number of pages: 47 Posted: 21 Aug 2016 Last Revised: 29 Mar 2024
Huseyin Gulen and Brett W. Myers
Mitchell E. Daniels, Jr School of Business, Purdue University and Texas Tech, Rawls College of Business
Downloads 443 (122,956)

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Regulation, regulatory enforcement, battleground states, swing states, public policy

28.

Intangible Capital in Factor Models

Management Science, Forthcoming
Number of pages: 48 Posted: 23 Feb 2021 Last Revised: 23 May 2023
Mitchell E. Daniels, Jr School of Business, Purdue University, University of South Carolina - Darla Moore School of Business - Department of Finance, Tulane University - Finance & Economics and Michigan State University - The Eli Broad College of Business and The Eli Broad Graduate School of Management
Downloads 321 (177,778)
Citation 5

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Intangible Investment/Capital, Factors, Factor Models

29.

Expanding Horizons: The Effect of Information Access on Geographically Biased Investing

Number of pages: 56 Posted: 01 Mar 2018 Last Revised: 21 Aug 2020
Logan P. Emery and Huseyin Gulen
Rotterdam School of Management, Erasmus University and Mitchell E. Daniels, Jr School of Business, Purdue University
Downloads 298 (190,455)
Citation 1

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Information Sets, Investor Awareness, Home Bias, Internet

30.

Option Repricing, Corporate Governance, and the Effect of Shareholder Empowerment

Number of pages: 67 Posted: 31 Jul 2015 Last Revised: 13 May 2016
Huseyin Gulen and William O'Brien
Mitchell E. Daniels, Jr School of Business, Purdue University and University of Illinois Chicago
Downloads 229 (247,663)
Citation 4

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Shareholder Empowerment, Executive Compensation, Corporate Finance, Corporate Governance, Corporate Regulation

31.

Credit Market Driven Acquisitions

Number of pages: 75 Posted: 15 Apr 2022 Last Revised: 19 Sep 2022
Huseyin Gulen, Candace Jens and Stefano Rossi
Mitchell E. Daniels, Jr School of Business, Purdue University, Syracuse University - Whitman School of Management and Bocconi University
Downloads 193 (290,118)

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takeovers, mergers and acquisitions, credit quality, merger waves.

32.

Decoding Expectation Formation from Realized Stock Prices: An Eye-Tracking Study

Number of pages: 73 Posted: 03 Nov 2023 Last Revised: 28 Nov 2023
Huseyin Gulen and Chan Lim
Mitchell E. Daniels, Jr School of Business, Purdue University and University at Buffalo (SUNY) - School of Management
Downloads 165 (334,748)

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Expectation, Belief, Eye Tracking, Attention, Experimental Finance

33.

Comparing Ambiguous Urns with Different Sizes

Number of pages: 48 Posted: 12 Jun 2018 Last Revised: 21 Aug 2020
University of Maryland - College Park, Mitchell E. Daniels, Jr School of Business, Purdue University, University of Michigan and University of Maryland - Department of Economics
Downloads 134 (394,397)
Citation 2

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Ambiguity, Risk, Ratio Bias, Ellsberg's Experiment

34.

CEO Option Sensitivity to Dividend Yield and Its Impact on Corporate Dividend Policy

Number of pages: 42 Posted: 20 Nov 2015 Last Revised: 15 Dec 2015
Huseyin Gulen and Jin Xu
Mitchell E. Daniels, Jr School of Business, Purdue University and Virginia Tech - Pamplin College of Business
Downloads 128 (408,693)

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portfolio Psi, dividend policy, FAS 123R, 2003 Dividend Tax Cut

Other Papers (1)

Total Downloads: 0
1.

Asset Growth and Stock Returns

Posted: 22 Mar 2005
University of Utah - David Eccles School of Business, Mitchell E. Daniels, Jr School of Business, Purdue University and University of Virginia - Darden School of Business

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