Yi Tang

Fordham University - Gabelli School of Business

113 West 60th Street

New York, NY 10023

United States

SCHOLARLY PAPERS

27

DOWNLOADS
Rank 2,401

SSRN RANKINGS

Top 2,401

in Total Papers Downloads

25,526

SSRN CITATIONS
Rank 2,277

SSRN RANKINGS

Top 2,277

in Total Papers Citations

730

CROSSREF CITATIONS

59

Scholarly Papers (27)

1.

A Lottery Demand-Based Explanation of the Beta Anomaly

Georgetown McDonough School of Business Research Paper No. 2408146
Number of pages: 104 Posted: 13 Mar 2014 Last Revised: 03 Dec 2016
Georgetown University - McDonough School of Business, New York University - Stern School of Business, Georgia State University and Fordham University - Gabelli School of Business
Downloads 3,330 (6,962)
Citation 120

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Beta, Beta Anomaly, Lottery Demand, Stock Returns, Institutional Ownership

Dynamic Conditional Beta is Alive and Well in the Cross-Section of Daily Stock Returns

Number of pages: 55 Posted: 23 Jun 2012 Last Revised: 15 Apr 2016
Georgetown University - McDonough School of Business, New York University (NYU) - Department of Finance and Fordham University - Gabelli School of Business
Downloads 1,413 (26,159)
Citation 5

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Dynamic conditional beta, conditional CAPM, ICAPM, investor attention, buying intensity, and expected stock returns

Dynamic Conditional Beta is Alive and Well in the Cross-Section of Daily Stock Returns

Georgetown McDonough School of Business Research Paper 2012-16
Number of pages: 56 Posted: 24 Jul 2012 Last Revised: 15 Apr 2016
Georgetown University - McDonough School of Business, New York University (NYU) - Department of Finance and Fordham University - Gabelli School of Business
Downloads 785 (60,308)
Citation 30

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Dynamic conditional beta, conditional CAPM, ICAPM, investor attention, buying intensity, and expected stock returns

3.
Downloads 1,961 (16,081)
Citation 38

Liquidity Shocks and Stock Market Reactions

Fordham University Schools of Business Research Paper No. 2020476
Number of pages: 108 Posted: 13 Mar 2012 Last Revised: 22 Sep 2013
Georgetown University - McDonough School of Business, City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance, Bentley UniversityCUNY Baruch College and Fordham University - Gabelli School of Business
Downloads 1,325 (28,770)
Citation 1

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Expected stock returns, liquidity, stock market reactions, underreaction, investor attention

Liquidity Shocks and Stock Market Reactions

Georgetown McDonough School of Business Research Paper No. 2012-02
Number of pages: 108 Posted: 10 May 2012 Last Revised: 26 Aug 2013
Georgetown University - McDonough School of Business, City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance, Bentley UniversityCUNY Baruch College and Fordham University - Gabelli School of Business
Downloads 462 (118,289)
Citation 40

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Stock returns, liquidity shocks, stock market reactions, underreaction, investor attention

Liquidity Shocks and Stock Market Reactions

Number of pages: 108 Posted: 15 Mar 2012 Last Revised: 26 Aug 2013
Georgetown University - McDonough School of Business, City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance, Bentley UniversityCUNY Baruch College and Fordham University - Gabelli School of Business
Downloads 174 (323,413)
Citation 1

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Stock returns, liquidity shocks, stock market reactions, underreaction, investor attention

4.

Is Economic Uncertainty Priced in the Cross-Section of Stock Returns?

Georgetown McDonough School of Business Research Paper No. 2812967, Gabelli School of Business, Fordham University Research Paper No. 2812967
Number of pages: 51 Posted: 09 Dec 2016 Last Revised: 10 Dec 2016
Georgetown University - McDonough School of Business, New York University - Stern School of Business and Fordham University - Gabelli School of Business
Downloads 1,901 (16,880)
Citation 33

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Economic uncertainty, uncertainty aversion, cross-section of stock returns, ICAPM, return predictability.

Attention, Social Interaction, and Investor Attraction to Lottery Stocks

9th Miami Behavioral Finance Conference 2018, Baruch College Zicklin School of Business Research Paper No. 2019-03-01, Georgetown McDonough School of Business Research Paper No. 3343769
Number of pages: 70 Posted: 15 Mar 2019 Last Revised: 10 Dec 2021
Georgetown University - McDonough School of Business, University of Southern California - Marshall School of Business - Finance and Business Economics Department, City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance and Fordham University - Gabelli School of Business
Downloads 1,667 (20,421)
Citation 21

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lottery stocks, investor attention, social interactions, social network, MAX, skewness, retail investors.

Attention, Social Interaction, and Investor Attraction to Lottery Stocks

NBER Working Paper No. w29543
Number of pages: 70 Posted: 07 Dec 2021 Last Revised: 16 Apr 2023
Georgetown University - McDonough School of Business, University of Southern California - Marshall School of Business - Finance and Business Economics Department, City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance and Fordham University - Gabelli School of Business
Downloads 56 (704,961)
Citation 6

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6.

Disagreement in Economic Forecasts and Equity Returns: Risk or Mispricing?

Georgetown McDonough School of Business Research Paper No. 2407279
Number of pages: 67 Posted: 12 Mar 2014 Last Revised: 03 Feb 2020
Georgetown University - McDonough School of Business, New York University - Stern School of Business and Fordham University - Gabelli School of Business
Downloads 1,407 (26,796)
Citation 3

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dispersion in economic forecasts, mispricing, disagreement risk, cross-section of stock returns, return predictability

Unusual News Events and the Cross-Section of Stock Returns

Number of pages: 66 Posted: 18 Mar 2009 Last Revised: 27 Feb 2012
Georgetown University - McDonough School of Business, Brandeis University and Fordham University - Gabelli School of Business
Downloads 776 (61,218)
Citation 6

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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
Georgetown University - McDonough School of Business, Brandeis University and Fordham University - Gabelli School of Business
Downloads 503 (106,313)
Citation 4

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idiosyncratic volatility shocks, unusual news events, divergence of opinion

Does Systemic Risk in the Financial Sector Predict Future Economic Downturns?

Number of pages: 85 Posted: 12 Jun 2010 Last Revised: 07 Jul 2012
Linda Allen, Turan G. Bali and Yi Tang
City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance, Georgetown University - McDonough School of Business and Fordham University - Gabelli School of Business
Downloads 932 (47,652)
Citation 32

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Systemic risk, value at risk, expected shortfall, financial crisis, banking crises, Too Big to Fail

Does Systemic Risk in the Financial Sector Predict Future Economic Downturns?

Georgetown McDonough School of Business Research Paper No. 1993312
Number of pages: 85 Posted: 30 Jan 2012 Last Revised: 14 Jul 2015
Turan G. Bali, Linda Allen and Yi Tang
Georgetown University - McDonough School of Business, City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance and Fordham University - Gabelli School of Business
Downloads 266 (217,146)
Citation 61

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Systemic risk, value at risk, expected shortfall, financial crisis, banking crises, Too Big to Fail

9.

Retail Attention, Institutional Attention

Baruch College Zicklin School of Business Research Paper No. 2019-05-03
Number of pages: 67 Posted: 06 May 2019 Last Revised: 06 Dec 2021
Hongqi Liu, Lin Peng and Yi Tang
The Chinese University of Hong Kong, Shenzhen, City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance and Fordham University - Gabelli School of Business
Downloads 1,150 (35,897)
Citation 3

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Attention, retail investors, institutional investors, crowding-out effect, earnings announcements, analyst forecast revisions

10.
Downloads 691 (47,309)
Citation 11

Time-Varying Sharpe Ratios and Market Timing

Number of pages: 30 Posted: 06 Oct 2011
Yi Tang and Robert Whitelaw
Fordham University - Gabelli School of Business and New York University
Downloads 691 (71,251)
Citation 11

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Sharpe ratio, predictability, stock market

11.

Role of Autoregressive Conditional Skewness and Kurtosis in the Estimation of Conditional VaR

Number of pages: 31 Posted: 06 Sep 2006
Turan G. Bali, Henry Mo and Yi Tang
Georgetown University - McDonough School of Business, Credit Suisse - Fixed Income Division and Fordham University - Gabelli School of Business
Downloads 929 (48,621)
Citation 9

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conditional value at risk, GARCH, skewed generalized t distribution, conditional skewness and kurtosis

12.

Investor Regret and Stock Returns

Management Science, forthcoming, https://pubsonline.informs.org/doi/abs/10.1287/mnsc.2022.03389
Number of pages: 98 Posted: 19 Jun 2018 Last Revised: 10 Apr 2024
NEOMA Business School, Georgetown University - McDonough School of Business and Fordham University - Gabelli School of Business
Downloads 819 (57,769)
Citation 5

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Regret theory, equity returns, investor sophistication, household trading, informational frictions, limits-to-arbitrage, costly arbitrage.

13.
Downloads 812 (58,398)
Citation 6

The Role of Banks in Dividend Policy

Pace University Finance Research Paper No. 2009/07
Number of pages: 37 Posted: 13 Aug 2009 Last Revised: 04 Sep 2019
City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance, Pace University - Lubin School of Business - Department of Finance and Economics, New York University - Leonard N. Stern School of Business and Fordham University - Gabelli School of Business
Downloads 506 (105,559)
Citation 5

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dividend, bank lending intensity, monitoring, corporate governance

The Role of Banks in Dividend Policy

NYU Working Paper No. FIN-09-005, Pace University Finance Research Paper No. 2009/08
Number of pages: 31 Posted: 08 Sep 2009
City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance, Pace University - Lubin School of Business - Department of Finance and Economics, New York University - Leonard N. Stern School of Business and Fordham University - Gabelli School of Business
Downloads 306 (187,047)
Citation 2

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14.

Market Pricing of Economic Risks and Stock Returns

Number of pages: 36 Posted: 25 Mar 2008
Liuren Wu and Yi Tang
City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance and Fordham University - Gabelli School of Business
Downloads 743 (65,807)

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economic risks, stock returns, inflation, real output, pricing kernel, cash flow

15.

Do the Size, Value, and Momentum Factors Drive Stock Returns in Emerging Markets?

Number of pages: 47 Posted: 04 Feb 2016 Last Revised: 06 Jun 2016
Nusret Cakici, Yi Tang and An Yan
Fordham university, Fordham University - Gabelli School of Business and Fordham University - Gabelli School of Business
Downloads 722 (68,263)
Citation 3

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Emerging markets, cross-sectional stock returns, market comovements

Imports, Exports, Dollar Exposures, and Stock Returns

Number of pages: 33 Posted: 21 Mar 2008 Last Revised: 16 Mar 2010
University of San Francisco, City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance and Fordham University - Gabelli School of Business
Downloads 347 (163,475)

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Dollar risk exposure, imports, exports, currency risk premium

Imports, Exports, Dollar Exposures, and Stock Returns

Fordham University Schools of Business Research Paper No. 1787398
Number of pages: 44 Posted: 21 Mar 2011
University of San Francisco, Fordham University - Gabelli School of Business and City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance
Downloads 288 (199,480)

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Dollar Risk Exposure, Imports, Exports, Currency Risk Premium, Stock Returns

17.

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
Georgetown University - McDonough School of Business, University of Illinois at Chicago, Brandeis University and Fordham University - Gabelli School of Business
Downloads 626 (81,810)
Citation 16

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

18.

Alternative Profitability Measures and Cross Section of Expected Stock Returns: International Evidence

Number of pages: 37 Posted: 18 May 2017 Last Revised: 04 Jun 2020
Fordham university, Fordham University - Gabelli School of Business, Fordham University - Gabelli School of Business and Fordham University - Finance Area
Downloads 616 (83,451)
Citation 7

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Profitability, enterprise value, behavioral finance, international asset pricing

19.

Causes or Consequences? Earnings Management Around Seasoned Equity Offerings

AFA 2009 San Francisco Meetings Paper
Number of pages: 48 Posted: 20 Mar 2008 Last Revised: 16 Mar 2010
Jie Chen, Zhaoyang Gu and Yi Tang
Carnegie Mellon University - David A. Tepper School of Business, Chinese University of Hong Kong - School of Accountancy and Fordham University - Gabelli School of Business
Downloads 605 (85,387)
Citation 2

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Seasoned equity offerings, earnings management, postissue performance, market efficiency

20.

What's Your Bank's Fintech Score? Technology Integration into Banking and the Broker Business Model

Number of pages: 67 Posted: 08 Jan 2021 Last Revised: 12 Apr 2024
City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance, Syracuse University - Whitman School of Management, Fordham University - Gabelli School of Business and CUNY Queens College
Downloads 573 (91,474)

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Fintech, operational efficiency, broker, dealer, market making, match making, AI, IT

21.

Betting Against Beta or Demand for Lottery

Number of pages: 79 Posted: 17 Aug 2014
Georgetown University - McDonough School of Business, New York University - Stern School of Business, Georgia State University and Fordham University - Gabelli School of Business
Downloads 541 (98,347)
Citation 7

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Beta, Betting Against Beta, Lottery Demand, Stock Returns, Funding Liquidity

22.

Corporate Equity Ownership and Expected Stock Returns

Gabelli School of Business, Fordham University Research Paper No. 2766799
Number of pages: 49 Posted: 20 Apr 2016
Jinliang Li, Yi Tang and An Yan
Tsinghua University, Fordham University - Gabelli School of Business and Fordham University - Gabelli School of Business
Downloads 312 (184,463)
Citation 2

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corporate equity ownership, stock returns, market efficiency, limits to arbitrage, investor attention

What's the Contingency? A Proposal for Bank Contingent Capital Triggered by Systemic Risk

2016 Financial Markets and Corporate Governance
Number of pages: 43 Posted: 11 Nov 2015 Last Revised: 26 May 2016
Linda Allen and Yi Tang
City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance and Fordham University - Gabelli School of Business
Downloads 149 (369,424)
Citation 5

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contingent capital, callable put option, dual trigger exercise price, systemic risk

What's the Contingency? A Proposal for Bank Contingent Capital Triggered by Systemic Risk

Number of pages: 43 Posted: 25 Oct 2014 Last Revised: 26 May 2016
Linda Allen and Yi Tang
City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance and Fordham University - Gabelli School of Business
Downloads 102 (495,384)

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contingent capital, callable put option, dual trigger exercise price, systemic risk

24.

Estimation Error in Mean Returns and the Mean-Variance Efficient Frontier

International Review of Economics & Finance, Forthcoming
Number of pages: 31 Posted: 15 Sep 2014 Last Revised: 16 Nov 2017
Stevens Institute of Technology - School of Business, Fordham University - Graduate School of Business and Fordham University - Gabelli School of Business
Downloads 234 (246,843)
Citation 6

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Portfolio Theory, Investment, Estimation Error, Multivariate Analysis

25.

Bank Delays in the Resolution of Delinquent Mortgages: The Problem of Limbo Loans

Fordham University Schools of Business Research Paper No. 2018948
Number of pages: 64 Posted: 11 Mar 2012 Last Revised: 14 Dec 2013
City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance, Federal Reserve Bank of New York--Retired and Fordham University - Gabelli School of Business
Downloads 208 (275,760)

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Mortgage, MERS, foreclosure

26.

Measuring Bank Complexity using XAI

Number of pages: 60 Posted: 16 Apr 2024 Last Revised: 22 May 2024
Stevens Institute of Technology - School of Business, Stevens Institute of Technology - School of Business and Fordham University - Gabelli School of Business
Downloads 62 (663,185)

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Information Processing, Machine Learning, FinTech, Marginal Expected Shortfall, Systemic Risk

27.

Scapegoating: Uncontrollable Factors Disclosure and Disposition Effect

Posted: 10 Mar 2022 Last Revised: 16 Aug 2023
Fordham University, Washington University in Saint Louis - Olin School of Business, Fordham University - Gabelli School of Business and Fordham University

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cognitive dissonance, uncontrollable factors, earnings conference call, firm disclosure, disposition effect, retail investors