Eric K. Kelley

University of Tennessee, Knoxville

Associate Professor

916 Volunteer Blvd

Knoxville, TN 37996

United States

  • University of Tennessee, Knoxville

SCHOLARLY PAPERS

12

DOWNLOADS
Rank 11,371

SSRN RANKINGS

Top 11,371

in Total Papers Downloads

7,191

SSRN CITATIONS
Rank 4,531

SSRN RANKINGS

Top 4,531

in Total Papers Citations

312

CROSSREF CITATIONS

50

Scholarly Papers (12)

Actions:
Email selected abstracts
1.

Institutional Investors and the Informational Efficiency of Prices

Downloads 1,761 (16,590)
Citation 92

Institutional Investors and the Informational Efficiency of Prices

AFA 2007 Chicago Meetings Paper, Sixteenth Annual Utah Winter Finance Conference
Number of pages: 51 Posted: 31 Aug 2005
Eric K. Kelley and Ekkehart Boehmer
University of Tennessee, Knoxville and Singapore Management University - Lee Kong Chian School of Business
Downloads 1,468 (21,589)
Citation 30

Abstract:

Loading...

market efficiency, institutional investors, institutional trading, market quality

Institutional Investors and the Informational Efficiency of Prices

Number of pages: 45 Posted: 20 Mar 2005
Eric K. Kelley and Ekkehart Boehmer
University of Tennessee, Knoxville and Singapore Management University - Lee Kong Chian School of Business
Downloads 293 (172,562)
Citation 65

Abstract:

Loading...

Market efficiency, institutional investors, asset pricing

Institutional Investors and the Informational Efficiency of Prices

Review of Financial Studies, Forthcoming
Posted: 14 Aug 2008 Last Revised: 16 Aug 2008
Ekkehart Boehmer and Eric K. Kelley
Singapore Management University - Lee Kong Chian School of Business and University of Tennessee, Knoxville

Abstract:

Loading...

market efficiency, institutional investors, institutional trading, market quality

Institutional Investors and the Informational Efficiency of Prices

The Review of Financial Studies, Vol. 22, Issue 9, pp. 3563-3594, 2009
Posted: 08 Sep 2009
Ekkehart Boehmer and Eric K. Kelley
Singapore Management University - Lee Kong Chian School of Business and University of Tennessee, Knoxville

Abstract:

Loading...

G12, G14

2.

The Long-Lasting Momentum in Weekly Returns

Journal of Finance, Forthcoming
Number of pages: 57 Posted: 30 Oct 2006
Roberto C. Gutierrez and Eric K. Kelley
University of Oregon and University of Tennessee, Knoxville
Downloads 1,425 (22,996)
Citation 10

Abstract:

Loading...

weekly stock returns, momentum, reversal, news

3.

How Wise Are Crowds? Insights from Retail Orders and Stock Returns

Journal of Finance, Forthcoming
Number of pages: 85 Posted: 31 Aug 2010 Last Revised: 24 Jan 2012
Eric K. Kelley and Paul C. Tetlock
University of Tennessee, Knoxville and Columbia Business School - Finance
Downloads 993 (38,704)
Citation 24

Abstract:

Loading...

market efficiency, retail investor behavior, return predictability, liquidity provision, financial news, private information

4.

Why Do Investors Trade?

Number of pages: 65 Posted: 22 May 2012 Last Revised: 21 May 2013
Eric K. Kelley and Paul C. Tetlock
University of Tennessee, Knoxville and Columbia Business School - Finance
Downloads 523 (90,062)

Abstract:

Loading...

structural estimation, overconfidence, news arrival, extended hours

5.

Investor Protection and Real Investment by U.S. Multinationals

Number of pages: 53 Posted: 01 Jun 2005
Eric K. Kelley and Tracie Woidtke
University of Tennessee, Knoxville and University of Tennessee, Haslam College of Business
Downloads 460 (105,198)

Abstract:

Loading...

Investor protection, corporate governance, multinationals, cross-border investment

6.

Retail Short Selling and Stock Prices

Columbia Business School Research Paper No. 13-70
Number of pages: 59 Posted: 11 Sep 2013 Last Revised: 23 Aug 2016
Eric K. Kelley and Paul C. Tetlock
University of Tennessee, Knoxville and Columbia Business School - Finance
Downloads 436 (112,016)
Citation 7

Abstract:

Loading...

short selling, retail investor, informed trading, return predictability, market efficiency

7.

Dark Trading Volume and Market Quality: A Natural Experiment

13th Annual Mid-Atlantic Research Conference in Finance (MARC) Paper
Number of pages: 53 Posted: 18 Dec 2017 Last Revised: 03 Apr 2018
Ryan Farley, Eric K. Kelley and Andy Puckett
University of Tennessee, Knoxville, University of Tennessee, Knoxville and University of Tennessee, Knoxville
Downloads 374 (133,612)
Citation 7

Abstract:

Loading...

Market Fragmentation, Microstructure, Market Efficiency

8.

Do Investors Save When Market Makers Pay? Retail Execution Costs Under Payment for Order Flow Models

Number of pages: 51 Posted: 06 Dec 2021
Samuel Adams, Connor Kasten and Eric K. Kelley
University of Tennessee, Knoxville - Department of Finance, University of Tennessee, Knoxville - Department of Finance and University of Tennessee, Knoxville
Downloads 356 (141,143)

Abstract:

Loading...

Zero Commission, Retail Trading, Execution Cost, Microstructure, Stock Trading

9.

Business Cycle Variation in Short Selling Strategies: Picking During Expansions and Timing During Recessions

Journal of Financial and Quantitative Analysis, forthcoming
Number of pages: 52 Posted: 31 Aug 2017 Last Revised: 12 Jul 2021
Peter Dixon and Eric K. Kelley
U.S. Securities and Exchange Commission and University of Tennessee, Knoxville
Downloads 354 (141,977)

Abstract:

Loading...

Short Selling, Rational Inattention, Inattention, Business Cycles, Asset Pricing, Return Predictability

10.

To Own or Not to Own: Stock Loans Around Dividend Payments

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 56 Posted: 25 Jul 2020
Peter Dixon, Corbin Fox and Eric K. Kelley
U.S. Securities and Exchange Commission, James Madison University- Department of Finance and University of Tennessee, Knoxville
Downloads 329 (153,500)

Abstract:

Loading...

equity lending, short selling, dividends, liquidity

11.

How Many Words is a Picture Worth? Using Emojis from Social Media to Predict Future Stock Returns

Number of pages: 54 Posted: 27 Apr 2023 Last Revised: 26 Sep 2023
Corbin Fox, Eric K. Kelley and Roman Paolucci
James Madison University- Department of Finance, University of Tennessee, Knoxville and Columbia University
Downloads 125 (371,680)

Abstract:

Loading...

Twitter, emojis, social media sentiment

12.

How Free is Free? Retail Trading Costs with Zero Commissions

Downloads 55 (610,340)

How Free is Free? Retail Trading Costs with Zero Commissions

Number of pages: 68 Posted: 04 Apr 2023
Samuel Adams, Connor Kasten and Eric K. Kelley
University of Tennessee, Knoxville, University of Tennessee, Knoxville - Department of Finance and University of Tennessee, Knoxville
Downloads 43 (693,837)

Abstract:

Loading...

retail investors, zero-commissions, execution costs

How Free is Free? Retail Trading Costs with Zero Commissions

Number of pages: 57 Posted: 02 Sep 2023
Samuel Adams, Connor Kasten and Eric K. Kelley
University of Tennessee, Knoxville, East Carolina University and University of Tennessee, Knoxville
Downloads 12 (960,714)

Abstract:

Loading...

retail investors, zero-commissions, execution costs

Other Papers (1)

Total Downloads: 162
Actions:
Email selected abstracts
1.

The Stock Price Response to 13F Disclosures of Positions in IPOs

Number of pages: 21 Posted: 17 Aug 2009
Roberto C. Gutierrez, Eric K. Kelley and Gerald S. Martin
University of Oregon, University of Tennessee, Knoxville and American University - Kogod School of Business
Downloads 162

Abstract:

Loading...