Dong Lou

London School of Economics & Political Science (LSE)

Department of Finance

Houghton Street

London, WC2A 2AE

United Kingdom

http://personal.lse.ac.uk/loud/

Centre for Economic Policy Research (CEPR)

London

United Kingdom

SCHOLARLY PAPERS

18

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CITATIONS
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114

Scholarly Papers (18)

1.

Complicated Firms

AFA 2011 Denver Meetings Paper
Number of pages: 49 Posted: 15 Mar 2010 Last Revised: 19 Apr 2016
Lauren Cohen and Dong Lou
Harvard Business School and London School of Economics & Political Science (LSE)
Downloads 954 (22,843)
Citation 71

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Complicated trades, return predictability, stand alone, conglomerate, market frictions

2.
Downloads 799 ( 29,466)
Citation 1

'Consistent' Earnings Surprises

Number of pages: 52 Posted: 15 Mar 2010 Last Revised: 09 Sep 2014
Cornell University - Dyson School of Applied Economics and Management, Florida State University and London School of Economics & Political Science (LSE)
Downloads 614 (41,491)
Citation 1

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Stock recommendations, Biased earnings forecasts, Career concerns

'Consistent' Earnings Surprises

Number of pages: 52 Posted: 16 Mar 2011 Last Revised: 09 Sep 2014
Cornell University - Dyson School of Applied Economics and Management, Florida State University and London School of Economics & Political Science (LSE)
Downloads 185 (161,092)

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Stock recommendations, Biased earnings forecasts, Career concerns

Playing Favorites: How Firms Prevent the Revelation of Bad News

Number of pages: 74 Posted: 13 Aug 2014 Last Revised: 24 Mar 2019
Harvard Business School, London School of Economics & Political Science (LSE) and Harvard Business School
Downloads 550 (47,898)

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information, strategic release, firms, asset pricing, conference calls

Playing Favorites: How Firms Prevent the Revelation of Bad News

NBER Working Paper No. w19429
Number of pages: 61 Posted: 14 Sep 2013
Harvard Business School, London School of Economics & Political Science (LSE) and Harvard Business School
Downloads 63 (348,536)

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Playing Favorites: How Firms Prevent the Revelation of Bad News

CEPR Discussion Paper No. DP12302
Number of pages: 54 Posted: 20 Sep 2017
Harvard Business School, London School of Economics & Political Science (LSE) and Harvard Business School
Downloads 1 (676,043)
Citation 3
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4.
Downloads 610 ( 42,357)

Cloaked Trading

Journal of Investment Consulting, Vol. 17, No. 2, 2016
Number of pages: 15 Posted: 20 Jan 2017 Last Revised: 28 Jan 2017
Harvard Business School, London School of Economics & Political Science (LSE) and Harvard Business School
Downloads 352 (82,759)

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Strategic Trading, Information, Asset Management, Investment

Cloaked Trading

Journal of Investment Consulting, Vol. 17, No. 2, p. 69-80, 2016
Number of pages: 15 Posted: 07 Feb 2017
Harvard Business School, London School of Economics & Political Science (LSE) and Harvard Business School
Downloads 258 (116,364)

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5.

A Flow-Based Explanation for Return Predictability

Number of pages: 53 Posted: 06 Sep 2009 Last Revised: 01 Jul 2010
Dong Lou
London School of Economics & Political Science (LSE)
Downloads 599 (43,430)
Citation 59

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Capital flows, Price pressure, Return predictability, Performance persistence, Smart money effect, Stock price momentum

IQ from IP: Simplifying Search in Portfolio Choice

8th Miami Behavioral Finance Conference 2017
Number of pages: 56 Posted: 18 Sep 2017 Last Revised: 20 Apr 2019
Harvard Business School - Finance Unit, Harvard Business School, University of Texas at Dallas, London School of Economics & Political Science (LSE) and Harvard Business School
Downloads 587 (44,008)

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Tracked trades, Return predictability, Institutional trading, Insider trading

IQ from Ip: Simplifying Search in Portfolio Choice

NBER Working Paper No. w24801
Number of pages: 56 Posted: 16 Jul 2018 Last Revised: 24 Jul 2018
Harvard Business School - Finance Unit, Harvard Business School, University of Texas at Dallas, London School of Economics & Political Science (LSE) and Harvard Business School
Downloads 11 (592,209)
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7.

A Test of the Self-Serving Attribution Bias: Evidence from Mutual Funds

Fourth Singapore International Conference on Finance 2010 Paper
Number of pages: 48 Posted: 03 Mar 2008 Last Revised: 20 Dec 2010
Darwin Choi and Dong Lou
The Chinese University of Hong Kong (CUHK) - CUHK Business School and London School of Economics & Political Science (LSE)
Downloads 554 (48,041)
Citation 11

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Overconfidence, Active Share, Mutual fund performance

8.

Anticipated and Repeated Shocks in Liquid Markets

Number of pages: 38 Posted: 15 Aug 2010 Last Revised: 03 May 2013
Dong Lou, Hongjun Yan and Jinfan Zhang
London School of Economics & Political Science (LSE), DePaul University and International Monetary Fund
Downloads 534 (50,309)
Citation 45

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Liquidity, Capital mobility, Supply shocks, Treasury auctions

9.

Cross-Market Timing in Security Issuance

AFA 2012 Chicago Meetings Paper
Number of pages: 50 Posted: 23 Mar 2011 Last Revised: 07 Mar 2013
Pengjie Gao and Dong Lou
University of Notre Dame - Mendoza College of Business and London School of Economics & Political Science (LSE)
Downloads 348 (84,529)
Citation 4

Abstract:

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Debt misvaluation, Market timing, Security issuance, Flow-induced trading

10.

Maximizing Short-Term Stock Prices through Advertising

Number of pages: 44 Posted: 18 Mar 2010 Last Revised: 30 Nov 2010
Dong Lou
London School of Economics & Political Science (LSE)
Downloads 343 (85,945)
Citation 3

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advertising, catering, insider sales, equity offerings, investor attention

11.

Industry Window Dressing

Number of pages: 78 Posted: 06 Apr 2016
Huaizhi Chen, Lauren Cohen and Dong Lou
Harvard Business School - Finance Unit, Harvard Business School and London School of Economics & Political Science (LSE)
Downloads 264 (114,145)
Citation 4

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Industry window dressing, opportunistic management, discontinuity, favorable industries

12.

Leverage Network and Market Contagion

PBCSF-NIFR Research Paper
Number of pages: 58 Posted: 28 Sep 2017 Last Revised: 13 Mar 2019
Jiangze Bian, Zhi Da, Dong Lou and Hao Zhou
University of International Business and Economics (UIBE), University of Notre Dame - Mendoza College of Business, London School of Economics & Political Science (LSE) and Tsinghua University - PBC School of Finance
Downloads 245 (123,275)
Citation 15

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Margin trading, leverage, contagion, network centrality

13.

The Speed of Communication

7th Miami Behavioral Finance Conference 2016
Number of pages: 55 Posted: 01 Oct 2016 Last Revised: 31 Jul 2018
The University of Hong Kong - Faculty of Business and Economics, Cornell University - Dyson School of Applied Economics and Management and London School of Economics & Political Science (LSE)
Downloads 135 (211,635)

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Social Interaction, Word-of-Mouth, Information Diffusion

14.
Downloads 129 (218,124)
Citation 3

The Effect of Superstar Firms on College Major Choice

9th Miami Behavioral Finance Conference 2018
Number of pages: 50 Posted: 15 Mar 2019
The Chinese University of Hong Kong (CUHK) - CUHK Business School, London School of Economics & Political Science (LSE) and Hong Kong University of Science & Technology (HKUST) - Department of Finance
Downloads 129 (218,919)
Citation 6

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College Major Choice, Human Capital Investment, Superstars, Salience, Skewness

The Effect of Superstar Firms on College Major Choice

CEPR Discussion Paper No. DP12296
Number of pages: 56 Posted: 20 Sep 2017
The Chinese University of Hong Kong (CUHK) - CUHK Business School, London School of Economics & Political Science (LSE) and Hong Kong University of Science & Technology (HKUST) - Department of Finance
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15.
Downloads 116 (236,266)
Citation 1

Offsetting Disagreement and Security Prices

Number of pages: 43 Posted: 03 Feb 2014 Last Revised: 23 Aug 2017
Cornell University - Dyson School of Applied Economics and Management, London School of Economics & Political Science (LSE) and Renmin University of China
Downloads 116 (237,392)
Citation 1

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Investor Disagreement, Belief Crossing, Portfolio Discounts

Offsetting Disagreement and Security Prices

CEPR Discussion Paper No. DP12295
Number of pages: 46 Posted: 20 Sep 2017
Cornell University - Dyson School of Applied Economics and Management, London School of Economics & Political Science (LSE) and Renmin University of China
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16.

Commodity Convexity

Number of pages: 54 Posted: 21 Jun 2019 Last Revised: 26 Jun 2019
Ming Gu, Wenjin Kang, Dong Lou and Ke Tang
Xiamen University - School of Economics, Renmin University of China - Hanqing Institute, London School of Economics & Political Science (LSE) and Institute of Economics, School of Social Sciences, Tsinghua University
Downloads 72 (322,945)

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commodity futures, convexity, basis, inventory, convenience yield

17.

Wealth Redistribution in Bubbles and Crashes

Number of pages: 58 Posted: 19 Jun 2019 Last Revised: 01 Jul 2019
Li An, Jiangze Bian, Dong Lou and Donghui Shi
Tsinghua University - PBC School of Finance, University of International Business and Economics (UIBE), London School of Economics & Political Science (LSE) and Shanghai Stock Exchange
Downloads 21 (509,829)

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bubbles and crashes, wealth inequality, real effects, social impact

18.

The Booms and Busts of Beta Arbitrage

CEPR Discussion Paper No. DP11531
Number of pages: 61 Posted: 26 Sep 2016
The University of Hong Kong - Faculty of Business and Economics, London School of Economics & Political Science (LSE) and London School of Economics
Downloads 1 (644,032)
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betting against beta, crowded trades, positive-feedback trading