Stefano Ramelli

University of St. Gallen - School of Finance

Unterer Graben 21

St. Gallen, 9000

Switzerland

Swiss Finance Institute

c/o University of Geneva

40, Bd du Pont-d'Arve

CH-1211 Geneva 4

Switzerland

SCHOLARLY PAPERS

11

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Top 2,787

in Total Papers Downloads

23,013

SSRN CITATIONS
Rank 3,020

SSRN RANKINGS

Top 3,020

in Total Papers Citations

529

CROSSREF CITATIONS

74

Scholarly Papers (11)

1.
Downloads 9,214 ( 1,228)
Citation 156

Feverish Stock Price Reactions to COVID-19

Review of Corporate Finance Studies, Volume 9, Issue 3, November 2020, Pages 622–655, Swiss Finance Institute Research Paper No. 20-12
Number of pages: 58 Posted: 09 Mar 2020 Last Revised: 22 Aug 2021
Stefano Ramelli and Alexander F. Wagner
University of St. Gallen - School of Finance and University of Zurich - Department of Finance
Downloads 9,205 (1,223)
Citation 204

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Cash holdings, Conference calls, Corporate debt, Coronavirus, COVID-19, Event study, Financial crisis, Global Value Chains, International trade, Leverage, Pandemic, Rare events, SARS-CoV-2, Tail risk

Feverish Stock Price Reactions to Covid-19

CEPR Discussion Paper No. DP14511
Number of pages: 61 Posted: 25 Mar 2020 Last Revised: 29 Jun 2020
Stefano Ramelli and Alexander F. Wagner
University of St. Gallen - School of Finance and University of Zurich - Department of Finance
Downloads 9 (1,115,763)
Citation 28
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Coronavirus, Corporate Debt, COVID-19, event study, global value chains, leverage, Pandemic, SARS-CoV-2, Supply Chains, tail risk

2.
Downloads 3,231 ( 7,238)
Citation 48

Low Carbon Mutual Funds

Forthcoming, Review of Finance, Swiss Finance Institute Research Paper No. 19-13, European Corporate Governance Institute – Finance Working Paper No. 659/2020
Number of pages: 82 Posted: 19 Feb 2020 Last Revised: 07 Jun 2023
Marco Ceccarelli, Stefano Ramelli and Alexander F. Wagner
VU University Amsterdam, University of St. Gallen - School of Finance and University of Zurich - Department of Finance
Downloads 3,230 (7,123)
Citation 11

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Behavioral finance, climate change, eco-labels, investor preferences, mutual funds, sustainable finance

Low-Carbon Mutual Funds

CEPR Discussion Paper No. DP13599
Number of pages: 62 Posted: 27 Mar 2019 Last Revised: 27 May 2022
Marco Ceccarelli, Stefano Ramelli and Alexander F. Wagner
VU University Amsterdam, University of St. Gallen - School of Finance and University of Zurich - Department of Finance
Downloads 1 (1,194,447)
Citation 27
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behavioral finance, climate change, eco-labels, investor preferences, Mutual funds, Sustainable Finance

Do Institutional Investors Stabilize Equity Markets in Crisis Periods? Evidence from COVID-19

Swiss Finance Institute Research Paper No. 20-56, European Corporate Governance Institute – Finance Working Paper No. 688/2020
Number of pages: 68 Posted: 27 Jul 2020 Last Revised: 22 Feb 2024
Board of Governors of the Federal Reserve System, University of Virginia - Darden School of Business, University of St. Gallen - School of Finance and University of Zurich - Department of Finance
Downloads 2,791 (8,934)
Citation 13

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Cash holdings, Coronavirus, Corporate debt, COVID-19, ESG, Fire sales, Institutional ownership, Leverage, Pandemic, Retail investors, Robinhood, Systemic risk, Tail risk

Do Institutional Investors Stabilize Equity Markets in Crisis Periods? Evidence from Covid-19

CEPR Discussion Paper No. DP15070
Number of pages: 65 Posted: 28 Jul 2020 Last Revised: 27 May 2022
Board of Governors of the Federal Reserve System, University of Virginia - Darden School of Business, University of St. Gallen - School of Finance and University of Zurich - Department of Finance
Downloads 4 (1,165,269)
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Coronavirus, corporate cash holdings, Corporate Debt, COVID-19, ESG, fire sales, Institutional Ownership, leverage, Retail investors, tail risk

4.

Green Sentiment, Stock Returns, and Corporate Behavior

Number of pages: 51 Posted: 24 May 2021 Last Revised: 23 Mar 2023
Marie Briere and Stefano Ramelli
Amundi Asset Management and University of St. Gallen - School of Finance
Downloads 2,087 (14,509)
Citation 12

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Climate finance, corporate behavior, ESG, responsible investments, investor sentiment, non-fundamental demand, stock returns

Investor Rewards to Climate Responsibility: Stock-Price Responses to the Opposite Shocks of the 2016 and 2020 U.S. Elections

Review of Corporate Finance Studies, forthcoming, Swiss Finance Institute Research Paper No. 18-63, HKS Working Paper RWP21-12
Number of pages: 76 Posted: 27 Sep 2018 Last Revised: 18 Jun 2021
University of St. Gallen - School of Finance, University of Zurich - Department of Finance, Harvard University - Harvard Kennedy School (HKS) and University of Zurich - Department Finance
Downloads 1,577 (22,049)
Citation 8

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Climate finance, climate policy, CSR, election surprise, ESG, event study, institutional investors, policy boomerang, stock returns

Investor Rewards to Climate Responsibility: Evidence from the 2016 Climate Policy Shock

NBER Working Paper No. w25310
Number of pages: 59 Posted: 03 Dec 2018 Last Revised: 27 Feb 2022
University of St. Gallen - School of Finance, University of Zurich - Department of Finance, Harvard University - Harvard Kennedy School (HKS) and University of Zurich - Department Finance
Downloads 57 (691,553)

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Investor Rewards to Climate Responsibility: Stock-Price Responses to the Opposite Shocks of the 2016 and 2020 U.S. Elections

CEPR Discussion Paper No. DP13206
Number of pages: 77 Posted: 02 Oct 2018 Last Revised: 15 Mar 2021
University of St. Gallen - School of Finance, University of Zurich - Department of Finance, Harvard University - Harvard Kennedy School (HKS) and University of Zurich - Department Finance
Downloads 2 (1,184,165)
Citation 10
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6.

Revealed Beliefs about Responsible Investing: Evidence from Mutual Fund Managers

Swiss Finance Institute Research Paper No. 22-98, European Corporate Governance Institute – Finance Working Paper No. 883/2023
Number of pages: 64 Posted: 22 Dec 2022 Last Revised: 02 Jan 2024
Vitaly Orlov, Stefano Ramelli and Alexander F. Wagner
University of St. Gallen - School of Finance, University of St. Gallen - School of Finance and University of Zurich - Department of Finance
Downloads 1,378 (27,440)

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ESG, portfolio management, investor beliefs, mutual funds, skin-in-the-game, sustainability

7.

Sustainable Investing and Political Behavior

Swiss Finance Institute Research Paper No. 23-46
Number of pages: 76 Posted: 22 Jun 2023 Last Revised: 18 Mar 2024
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of St. Gallen - School of Finance, University of St. Gallen - School of Finance and University of Zurich - Department of Finance
Downloads 1,278 (30,675)

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Behavioral Finance, Climate Change, ESG, Externalities, Sustainable Finance, Political Economy, Voting Behavior

8.

Stock Price Effects of Climate Activism: Evidence from the First Global Climate Strike

Journal of Corporate Finance, Forthcoming
Number of pages: 46 Posted: 24 Mar 2020 Last Revised: 18 Jun 2021
Stefano Ramelli, Elisa Ossola and Michela Rancan
University of St. Gallen - School of Finance, University of Milano-Bicocca and Polytechnic University of Marche
Downloads 453 (120,870)
Citation 4

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Climate change, climate strikes, stock returns, environmental performance, public attention, earnings forecasts.

9.

Climate Transition Beliefs

Swiss Finance Institute Research Paper No. 24-22
Number of pages: 102 Posted: 05 Mar 2024 Last Revised: 06 May 2024
Marco Ceccarelli and Stefano Ramelli
VU University Amsterdam and University of St. Gallen - School of Finance
Downloads 341 (166,476)
Citation 1

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Behavioral Finance, Climate Change, Expected returns, Heterogeneous beliefs, Investments, Information provision experiment, Surveys, Sustainable finance.

10.

The Value of Corporate Social Responsibility: Evidence from an Inflation-Driven Crisis of Trust

Swiss Finance Institute Research Paper No. 23-06
Number of pages: 49 Posted: 28 Dec 2022 Last Revised: 14 Mar 2024
Ana Mão-de-Ferro and Stefano Ramelli
University of Zurich - Department Finance and University of St. Gallen - School of Finance
Downloads 312 (182,911)
Citation 1

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CSR, ESG, Inflation, Stock returns, Social capital, Trust

11.

Responsible Investing and Stock Allocation

Number of pages: 28 Posted: 26 May 2021
Marie Briere and Stefano Ramelli
Amundi Asset Management and University of St. Gallen - School of Finance
Downloads 288 (199,059)
Citation 3

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Behavioral finance, household finance, investor preferences, socially responsible investments, sustainable finance