Ron Kaniel

University of Rochester - Simon Business School

Jay S. and Jeanne P. Benet Professor of Finance

Rochester, NY 14627

United States

http://rkaniel.simon.rochester.edu

CEPR

London

United Kingdom

SCHOLARLY PAPERS

46

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1,605

CROSSREF CITATIONS

556

Scholarly Papers (46)

1.
Downloads 3,521 ( 6,368)
Citation 27

Machine-Learning the Skill of Mutual Fund Managers

Number of pages: 110 Posted: 07 Dec 2021 Last Revised: 07 Aug 2023
University of Rochester - Simon Business School, Stanford University, Stanford University - Department of Management Science & Engineering and Columbia University Graduate School of Business
Downloads 3,473 (6,401)

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Mutual fund performance, machine learning, sentiment, big data, neural networks

Machine-Learning the Skill of Mutual Fund Managers

NBER Working Paper No. w29723
Number of pages: 59 Posted: 07 Feb 2022 Last Revised: 09 Jul 2022
University of Rochester - Simon Business School, Stanford University, Stanford University - Department of Management Science & Engineering and Columbia University Graduate School of Business
Downloads 48 (758,463)
Citation 26

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2.

Individual Investor Trading and Stock Returns

AFA 2005 Philadelphia Meetings, Johnson School Research Paper Series No. 13-06
Number of pages: 55 Posted: 06 Oct 2004
Ron Kaniel, Gideon Saar and Sheridan Titman
University of Rochester - Simon Business School, Cornell University - Samuel Curtis Johnson Graduate School of Management and University of Texas at Austin - Department of Finance
Downloads 2,301 (12,496)
Citation 207

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Individual investor sentiment, return predictability, behavioral finance, liquidity provision, NYSE, contrarian, market efficiency

3.
Downloads 1,421 (26,484)
Citation 12

Individual Investor Sentiment and Stock Returns

NYU Working Paper No. FIN-04-023
Number of pages: 45 Posted: 03 Nov 2008
Ron Kaniel, Gideon Saar and Sheridan Titman
University of Rochester - Simon Business School, Cornell University - Samuel Curtis Johnson Graduate School of Management and University of Texas at Austin - Department of Finance
Downloads 788 (60,127)

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Individual Investor Sentiment and Stock Returns

NYU Working Paper No. SC-CFE-04-04
Number of pages: 46 Posted: 07 Nov 2008
Ron Kaniel, Gideon Saar and Sheridan Titman
University of Rochester - Simon Business School, Cornell University - Samuel Curtis Johnson Graduate School of Management and University of Texas at Austin - Department of Finance
Downloads 379 (148,956)
Citation 1

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Individual Investor Sentiment and Stock Returns

NYU Working Paper No. FIN-04-012
Number of pages: 45 Posted: 03 Nov 2008
Ron Kaniel, Gideon Saar and Sheridan Titman
University of Rochester - Simon Business School, Cornell University - Samuel Curtis Johnson Graduate School of Management and University of Texas at Austin - Department of Finance
Downloads 254 (227,124)

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Individual Investor Trading and Return Patterns Around Earnings Announcements

AFA 2010 Atlanta Meetings Paper
Number of pages: 53 Posted: 16 Feb 2009 Last Revised: 02 Jan 2011
University of Rochester - Simon Business School, San Francisco State University, Cornell University - Samuel Curtis Johnson Graduate School of Management and University of Texas at Austin - Department of Finance
Downloads 879 (51,756)
Citation 25

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individual investors, earnings, liquidity, private information

Individual Investor Trading and Return Patterns Around Earnings Announcements

EFA 2009 Bergen Meetings Paper, Johnson School Research Paper No. 07-09
Number of pages: 53 Posted: 23 Jan 2009 Last Revised: 02 Jan 2011
University of Rochester - Simon Business School, San Francisco State University, Cornell University - Samuel Curtis Johnson Graduate School of Management and University of Texas at Austin - Department of Finance
Downloads 424 (130,590)
Citation 10

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Individual Investor Trading and Return Patterns Around Earnings Announcements

CEPR Discussion Paper No. DP8259
Number of pages: 55 Posted: 14 Mar 2011
University of Rochester - Simon Business School, San Francisco State University, Cornell University - Samuel Curtis Johnson Graduate School of Management and University of Texas at Austin - Department of Finance
Downloads 3 (1,188,392)
Citation 10
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earnings announcement, individual investors

5.

Madison Avenue Meets Wall Street: Mutual Fund Families, Competition and Advertising

Number of pages: 51 Posted: 31 Jan 2006
University of Texas at Austin - Department of Finance, University of Rochester - Simon Business School and University of Texas at Austin - Department of Finance
Downloads 1,076 (39,634)
Citation 46

Abstract:

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funds, advertising, flows, fundflows

6.

Unmasking Mutual Fund Derivative Use

Number of pages: 70 Posted: 15 Sep 2020 Last Revised: 22 Feb 2024
Ron Kaniel and Pingle Wang
University of Rochester - Simon Business School and University of Texas at Dallas, Naveen Jindal School of Management, Department of Finance
Downloads 966 (46,102)
Citation 7

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COVID-19, Derivatives, Mutual Funds

7.
Downloads 946 (47,607)
Citation 53

Are Mutual Fund Managers Paid for Investment Skill?

Swedish House of Finance Research Paper No. 17-9
Number of pages: 72 Posted: 10 Feb 2017 Last Revised: 02 Aug 2017
Copenhagen Business School - Department of Finance, University of Rochester - Simon Business School, Columbia University Graduate School of Business and Stockholm University - Department of Economics
Downloads 892 (50,877)
Citation 1

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Portfolio Manager Compensation, Mutual Fund Performance, Wage Dynamics

Are Mutual Fund Managers Paid for Investment Skill?

NBER Working Paper No. w23373
Number of pages: 64 Posted: 01 May 2017 Last Revised: 14 May 2023
Copenhagen Business School - Department of Finance, University of Rochester - Simon Business School, Columbia University Graduate School of Business and Stockholm University - Department of Economics
Downloads 53 (724,975)

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Are Mutual Fund Managers Paid for Investment Skill?

CEPR Discussion Paper No. DP12241
Number of pages: 75 Posted: 29 Aug 2017
Copenhagen Business School - Department of Finance, University of Rochester - Simon Business School, Columbia University Graduate School of Business and Stockholm University - Department of Economics
Downloads 1 (1,210,507)
Citation 2
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financial sector income, mutual fund performance, Portfolio manager compensation

Are Mutual Fund Managers Paid for Investment Skill?

CEPR Discussion Paper No. DP12010
Number of pages: 66 Posted: 02 May 2017
Copenhagen Business School - Department of Finance, University of Rochester - Simon Business School, Columbia University Graduate School of Business and Stockholm University - Department of Economics
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Citation 1
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financial sector income, mutual fund performance, Portfolio manager compensation

8.

Market Power in the Securities Lending Market

Number of pages: 84 Posted: 10 May 2022 Last Revised: 17 Mar 2024
Shuaiyu Chen, Ron Kaniel and Christian C. Opp
Purdue University - Mitchell E. Daniels, Jr. School of Business, University of Rochester - Simon Business School and University of Rochester - Simon Business School
Downloads 887 (51,884)

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Short selling, market power, custodian lenders

9.

Headlines and Bottom Lines: Attention and Learning Effects from Media Coverage of Mutual Funds

Number of pages: 49 Posted: 20 Mar 2005
University of Rochester - Simon Business School, University of Texas at Austin - Department of Finance and University of Texas at Austin - Department of Finance
Downloads 823 (57,514)
Citation 13

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mutual funds, attention, learning, fund flows, media

Equilibrium Prices in the Presence of Delegated Portfolio Management

AFA 2001 New Orleans Meetings
Number of pages: 36 Posted: 15 Jan 2001
Domenico Cuoco and Ron Kaniel
University of Pennsylvania - Finance Department and University of Rochester - Simon Business School
Downloads 728 (66,660)
Citation 9

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Equilibrium Prices in the Presence of Delegated Portfolio Management

CEPR Discussion Paper No. DP7453
Number of pages: 66 Posted: 07 Oct 2009
Domenico Cuoco and Ron Kaniel
University of Pennsylvania - Finance Department and University of Rochester - Simon Business School
Downloads 3 (1,188,392)
Citation 50
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delegation, equilibrium, fund, portfolio

11.

The Investor Recognition Hypothesis: International Evidence and Determinants

Number of pages: 52 Posted: 28 Jul 2003
Ron Kaniel, Dong Li and Laura T. Starks
University of Rochester - Simon Business School, University of Texas at Austin - Department of Economics and University of Texas at Austin - Department of Finance
Downloads 705 (70,542)
Citation 5

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high volume, high volume premium, investor recognition hypothesis, IRH

12.

The High Volume Return Premium and the Investor Recognition Hypothesis: International Evidence and Determinants

Number of pages: 53 Posted: 08 Dec 2003
Ron Kaniel, Dong Li and Laura T. Starks
University of Rochester - Simon Business School, University of Texas at Austin - Department of Economics and University of Texas at Austin - Department of Finance
Downloads 698 (71,477)
Citation 6

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Advertising and Mutual Funds: From Families to Individual Funds

Number of pages: 51 Posted: 23 Mar 2009
Southern New Hampshire University, University of Rochester - Simon Business School and University of Texas at Austin - Department of Finance
Downloads 662 (75,412)
Citation 26

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mutual fund, flow, advertising, fund flows

Advertising and Mutual Funds: From Families to Individual Funds

CEPR Discussion Paper No. DP10329
Number of pages: 52 Posted: 23 Jan 2015
Southern New Hampshire University, University of Rochester - Simon Business School and University of Texas at Austin - Department of Finance
Downloads 4 (1,178,108)
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advertising, flow, mutual fund, performance

14.
Downloads 570 (92,443)
Citation 10

The Real Side of the High-Volume Return Premium

Management Science, Vol. 68, No. 2, Pages 1426-1449, 2022
Number of pages: 59 Posted: 01 Feb 2017 Last Revised: 22 Feb 2022
IDC Herzliya - Arison School of Business, University of Rochester - Simon Business School and Emory University - Goizueta Business School
Downloads 570 (91,329)
Citation 3

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Trading volume; Corporate investment; Financing cash flows; Investor recognition

The Real Side of the High-Volume Return Premium

CEPR Discussion Paper No. DP14587
Number of pages: 64 Posted: 08 May 2020
IDC Herzliya - Arison School of Business, University of Rochester - Simon Business School and Emory University - Goizueta Business School
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Citation 8
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corporate investment, Financing cash flows, Investor recognition, trading volume

Price Drift as an Outcome of Differences in Higher Order Beliefs

AFA 2007 Chicago Meetings Paper, Review of Financial Studies, Forthcoming
Number of pages: 25 Posted: 16 Mar 2006 Last Revised: 30 Nov 2009
Snehal Banerjee, Ron Kaniel and Ilan Kremer
University of California, San Diego (UCSD) - Rady School of Management, University of Rochester - Simon Business School and Independent
Downloads 507 (105,482)
Citation 10

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price drift, momentum, rational, difference, opinion

Price Drift as an Outcome of Differences in Higher-Order Beliefs

The Review of Financial Studies, Vol. 22, Issue 9, pp. 3707-3734, 2009
Posted: 08 Sep 2009
Snehal Banerjee, Ron Kaniel and Ilan Kremer
University of California, San Diego (UCSD) - Rady School of Management, University of Rochester - Simon Business School and Independent

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G12

16.
Downloads 494 (110,148)
Citation 79

So What Orders Do Informed Traders Use?

Number of pages: 54 Posted: 13 Oct 2004
Hong Liu and Ron Kaniel
Washington University in St. Louis - Olin Business School and University of Rochester - Simon Business School
Downloads 494 (108,896)
Citation 79

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market microstructure, limit orders, market orders, informed trader, equilibria

So What Orders Do Informed Traders Use?

Journal of Business, Forthcoming
Posted: 31 May 2005
Hong Liu and Ron Kaniel
Washington University in St. Louis - Olin Business School and University of Rochester - Simon Business School

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market microstructure, limit orders, market orders, informed trader, equilibria

17.
Downloads 491 (110,921)
Citation 32

Relative Wealth Concerns and Financial Bubbles

Number of pages: 35 Posted: 05 Dec 2005
Peter M. DeMarzo, Ron Kaniel and Ilan Kremer
Stanford Graduate School of Business, University of Rochester - Simon Business School and Independent
Downloads 251 (229,845)
Citation 3

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bubbles, relative, wealth, overlapping, generations

Relative Wealth Concerns and Financial Bubbles

Sixteenth Annual Utah Winter Finance Conference
Number of pages: 35 Posted: 01 Nov 2006
Peter M. DeMarzo, Ron Kaniel and Ilan Kremer
Stanford Graduate School of Business, University of Rochester - Simon Business School and Independent
Downloads 240 (240,274)
Citation 32

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Relative Wealth Concerns and Financial Bubbles

The Review of Financial Studies, Vol. 21, No. 1, pp. 19-50, 2008
Posted: 26 Jun 2008
Peter M. DeMarzo and Ron Kaniel
Stanford Graduate School of Business and University of Rochester - Simon Business School

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WSJ Category Kings - The Impact of Media Attention on Consumer and Mutual Fund Investment Decisions

Journal of Financial Economics (JFE), Vol. 123, No. 2, 2017, Simon Business School Working Paper No. FR 15-07
Number of pages: 57 Posted: 30 Jan 2015 Last Revised: 02 Oct 2018
Ron Kaniel and Robert Parham
University of Rochester - Simon Business School and University of Virginia - McIntire School of Commerce
Downloads 456 (119,755)
Citation 88

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mutual funds, media, visibility, flows, tracking error

WSJ Category Kings - The Impact of Media Attention on Consumer and Mutual Fund Investment Decisions

CEPR Discussion Paper No. DP10923
Number of pages: 59 Posted: 12 Nov 2015
Ron Kaniel and Robert Parham
University of Rochester - Simon Business School and University of Rochester - Simon Business School
Downloads 1 (1,210,507)
Citation 1
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attention, flows, media, mutual fund, ranking, risk shifting, visibility

19.
Downloads 440 (126,320)
Citation 81

Are Retail Traders Compensated for Providing Liquidity?

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 48 Posted: 23 Jun 2014 Last Revised: 14 Oct 2015
HEC ParisHEC Paris, University of Rochester - Simon Business School and University of California, Berkeley
Downloads 440 (124,994)
Citation 4

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retail investor behavior, return predictability, liquidity provision

Are Retail Traders Compensated for Providing Liquidity?

CEPR Discussion Paper No. DP10285
Number of pages: 57 Posted: 08 Dec 2014
HEC ParisHEC Paris, University of Rochester - Simon Business School and University of California, Berkeley
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financial crisis, individual investor, liquidity, retail investor

Are Retail Traders Compensated for Providing Liquidity?

CEPR Discussion Paper No. DP10820
Number of pages: 49 Posted: 16 Sep 2015
HEC ParisHEC Paris, University of Rochester - Simon Business School and University of California, Berkeley
Downloads 0
Citation 71
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crisis, liquidity, retail investors

20.

Diversification as a Public Good: Community Effects in Portfolio Choice

Number of pages: 50 Posted: 02 Mar 2002
Peter M. DeMarzo, Ron Kaniel and Ilan Kremer
Stanford Graduate School of Business, University of Rochester - Simon Business School and Independent
Downloads 411 (136,676)
Citation 34

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public good, community, diversification, portfolio choice, home bias

21.

Mutual Fund Portfolio Choice in the Presence of Dynamic Flows

Swiss Finance Institute Research Paper
Number of pages: 56 Posted: 18 Nov 2002 Last Revised: 28 Sep 2008
Ron Kaniel and Julien Hugonnier
University of Rochester - Simon Business School and École Polytechnique Fédérale de Lausanne
Downloads 399 (141,463)
Citation 1

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22.
Downloads 379 (149,782)
Citation 5

Filing Speed, Information Leakage, and Price Formation

Number of pages: 49 Posted: 01 May 2019 Last Revised: 03 Sep 2021
Jeffrey L. Callen, Ron Kaniel and Dan Segal
University of Toronto - Rotman School of Management, University of Rochester - Simon Business School and Reichman University
Downloads 379 (148,519)

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Filing Lag, Institutional Trading, 8-K Reports, Private Information

Filing Speed, Information Leakage, and Price Formation

CEPR Discussion Paper No. DP16476
Number of pages: 51 Posted: 22 Sep 2021
Jeffrey L. Callen, Ron Kaniel and Dan Segal
University of Toronto - Rotman School of Management, University of Rochester - Simon Business School and Reichman University
Downloads 0
Citation 1
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8K reports, Filing Lag, Institutional Trading, private information

Filing Speed, Information Leakage, and Price Formation

Review of Accounting Studies, forthcoming, Rotman School of Management Working Paper No. 4033712
Posted: 10 Mar 2022
Jeffrey L. Callen, Ron Kaniel and Dan Segal
University of Toronto - Rotman School of Management, University of Rochester - Simon Business School and Reichman University

Abstract:

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Filing Lag, Institutional Trading, 8K reports, Private Information

23.

Optimism without Illusion: The Impact of Experience on Expectations

Yale SOM Working Paper No. 1302924
Number of pages: 15 Posted: 19 Nov 2008
Ron Kaniel, Cade Massey and David T. Robinson
University of Rochester - Simon Business School, University of Pennsylvania - The Wharton School and Fuqua School of Business, Duke University
Downloads 368 (154,790)
Citation 1

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Tax Management Strategies with Multiple Risky Assets

EFA 2002 Berlin Meetings Presented Paper
Number of pages: 59 Posted: 22 Mar 2002
University of Virginia (UVA) - McIntire School of Commerce, University of Rochester - Simon Business School and University of Texas at Austin - McCombs School of Business
Downloads 365 (154,979)
Citation 12

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Portfolio Choice, Capital Gain Taxation, Short Sales

Tax Management Strategies with Multiple Risky Assets

Posted: 29 Nov 2004
University of Virginia (UVA) - McIntire School of Commerce, University of Rochester - Simon Business School and University of Texas at Austin - McCombs School of Business

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Portfolio Choice, Capital Gain Taxation, Short Sales

25.

Two Stock Portfolio Choice with Capital Gain Taxes and Short Sales

McCombs School of Business Finance Working Paper
Number of pages: 47 Posted: 25 Jun 2001
University of Virginia (UVA) - McIntire School of Commerce, University of Rochester - Simon Business School and University of Texas at Austin - McCombs School of Business
Downloads 323 (178,304)

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Taxes, Multiple Assets, Short Sales, Capital Gains, Portfolio Selection, CRRA, Shorting the box

Relative Pay for Non-Relative Performance: Keeping Up with the Joneses with Optimal Contracts

Number of pages: 51 Posted: 29 Mar 2016 Last Revised: 07 Apr 2017
Peter M. DeMarzo and Ron Kaniel
Stanford Graduate School of Business and University of Rochester - Simon Business School
Downloads 309 (185,436)
Citation 11

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contracting, externality, keeping up with Joneses, relative performance, moral hazard, peers

Relative Pay for Non-Relative Performance: Keeping Up with the Joneses with Optimal Contracts

CEPR Discussion Paper No. DP11538
Number of pages: 48 Posted: 03 Oct 2016
Peter M. DeMarzo and Ron Kaniel
Stanford Graduate School of Business and University of Rochester - Simon Business School
Downloads 1 (1,210,507)
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contract, Joneses, manager, pay performance, relative

27.

On Measuring the Economic Significance of Asset Return Predictability

AFA 2002 Atlanta Meetings, Sauder School of Business Working Paper
Number of pages: 70 Posted: 08 Dec 2001
University of British Columbia (UBC) - Sauder School of Business, Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF), McIntire School, University of Virginia and University of Rochester - Simon Business School
Downloads 304 (189,995)
Citation 1

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28.

Relative Wealth Concerns and Technology Bubbles

Number of pages: 28 Posted: 17 Feb 2005
Peter M. DeMarzo, Ron Kaniel and Ilan Kremer
Stanford Graduate School of Business, University of Rochester - Simon Business School and Independent
Downloads 276 (210,091)
Citation 2

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Bubble, technology, relative wealth, Joneses, herding, over-investment

29.

Optimism and Economic Crisis

Number of pages: 21 Posted: 02 Apr 2010 Last Revised: 22 Jul 2010
Ron Kaniel, Cade Massey and David T. Robinson
University of Rochester - Simon Business School, University of Pennsylvania - The Wharton School and Fuqua School of Business, Duke University
Downloads 267 (217,189)

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optimism, crisis, trait

30.

Benefits of Partial vs Full Mandatory Mutual Fund Disclosure

Number of pages: 90 Posted: 07 Feb 2022 Last Revised: 18 May 2024
University of Rochester - Simon Business School, INSEAD, Shanghai Stock Exchange and Shanghai Jiao Tong University (SJTU)
Downloads 265 (218,779)

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Mutual Fund, Strategic Trading, Concealing Behavior, Window Dressing, Portfolio Disclosure Policy

31.
Downloads 237 (244,351)
Citation 8

Contracting in Peer Networks

Number of pages: 70 Posted: 18 Feb 2021 Last Revised: 11 Oct 2023
Peter M. DeMarzo and Ron Kaniel
Stanford Graduate School of Business and University of Rochester - Simon Business School
Downloads 222 (259,143)

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contracting, peer performance, keeping up with Joneses, peer, relative wage, network, moral hazard

Contracting in Peer Networks

NBER Working Paper No. w28378
Number of pages: 67 Posted: 27 Jan 2021 Last Revised: 15 Jan 2023
Peter M. DeMarzo and Ron Kaniel
Stanford Graduate School of Business and University of Rochester - Simon Business School
Downloads 15 (1,060,041)

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Contracting in Peer Networks

CEPR Discussion Paper No. DP16177
Number of pages: 71 Posted: 14 Jul 2021
Peter M. DeMarzo and Ron Kaniel
Stanford Graduate School of Business and University of Rochester - Simon Business School
Downloads 0
Citation 8
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32.
Downloads 235 (246,336)
Citation 13

Why Do Institutional Investors Chase Return Trends?

Number of pages: 41 Posted: 10 Nov 2006 Last Revised: 10 Apr 2012
Aydogan Alti, Uzi Yoeli and Ron Kaniel
University of Texas at Austin - Department of Finance, University of Texas at Austin - Department of Finance and University of Rochester - Simon Business School
Downloads 232 (248,260)
Citation 3

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Why Do Institutional Investors Chase Return Trends?

CEPR Discussion Paper No. DP8773
Number of pages: 46 Posted: 20 Jan 2012
Aydogan Alti, Ron Kaniel and Uzi Yoeli
University of Texas at Austin - Department of Finance, University of Rochester - Simon Business School and University of Texas at Austin - Department of Finance
Downloads 3 (1,188,392)
Citation 1
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Institutional Investors, momentum, mutual funds, return trends

Intermediated Asymmetric Information, Compensation, and Career Prospects

Number of pages: 117 Posted: 03 Mar 2020 Last Revised: 24 Feb 2024
Ron Kaniel and Dmitry Orlov
University of Rochester - Simon Business School and University of Wisconsin School of Business
Downloads 214 (268,260)
Citation 1

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personnel economics, dynamic signaling, career concerns, real options

Intermediated Asymmetric Information, Compensation, and Career Prospects

CEPR Discussion Paper No. DP14586
Number of pages: 105 Posted: 08 May 2020
Ron Kaniel and Dmitry Orlov
University of Rochester - Simon Business School and University of Wisconsin School of Business
Downloads 0
Citation 1
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career concerns, Compensation, Dynamic adverse selection, Dynamic signaling, real options

Impact of Managerial Commitment on Risk Taking with Dynamic Fund Flows

Simon Business School Working Paper No. FR 15-09
Number of pages: 47 Posted: 29 Nov 2014 Last Revised: 13 Nov 2017
Ron Kaniel, Stathis Tompaidis and Ti Zhou
University of Rochester - Simon Business School, University of Texas at Austin - McCombs School of Business and Independent
Downloads 179 (315,931)

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managerial commitment, incomplete information, risk taking, mutual funds

Impact of Managerial Commitment on Risk Taking with Dynamic Fund Flows

CEPR Discussion Paper No. DP12285
Number of pages: 50 Posted: 11 Sep 2017
Ron Kaniel, Stathis Tompaidis and Ti Zhou
University of Rochester - Simon Business School, University of Texas at Austin - McCombs School of Business and Independent
Downloads 0
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commitment, flows, mutual fund, portfolio

35.

On the Voluntary Disclosure of Redundant Information

Number of pages: 47 Posted: 11 Oct 2021 Last Revised: 08 Nov 2022
University of California, San Diego (UCSD) - Rady School of Management, University of California, San Diego (UCSD) - Rady School of Management, University of Rochester - Simon Business School and University of WarwickHebrew University of Jerusalem
Downloads 176 (321,157)
Citation 3

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costly voluntary disclosure, information acquisition, redundant information

36.

Firm Characteristics and Stock Price Levels: A Long-Term Discount Rate Perspective

Number of pages: 69 Posted: 09 Apr 2020 Last Revised: 12 Jul 2022
Yixin Chen and Ron Kaniel
University of Rochester - Simon Business School and University of Rochester - Simon Business School
Downloads 144 (380,293)

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Asset Pricing Anomaly, Stock Price, Discount Rate

37.

Market Integration, Risk-Taking, and Income Inequality

Number of pages: 33 Posted: 25 Jul 2023 Last Revised: 01 Aug 2023
Lin William Cong, Ron Kaniel and Yizhou Xiao
Cornell University - Samuel Curtis Johnson Graduate School of Management, University of Rochester - Simon Business School and The Chinese University of Hong Kong (CUHK)
Downloads 128 (416,818)

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Entrepreneurship, (De)Globalization, Relative Wealth

38.

Efficient Computation of Hedging Parameters for Discretely Exercisable Options

Number of pages: 45 Posted: 18 Mar 2005
University of Rochester - Simon Business School, University of Texas at Austin - McCombs School of Business and University of Texas at Austin - Electrical and Computer Engineering Department
Downloads 95 (516,799)
Citation 4

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Option pricing, greeks, monte carlo simulation, american options

39.

The Delegated Lucas-Tree

AFA 2011 Denver Meetings Paper
Number of pages: 71 Posted: 15 Mar 2010 Last Revised: 28 Sep 2013
Ron Kaniel, Peter Kondor and Peter Kondor
University of Rochester - Simon Business School and London School of Economics & Political Science (LSE)Central European University (CEU)
Downloads 93 (523,933)
Citation 6

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Mutual funds, Hedge funds, Delegated portfolio management, Asset pricing

40.

The Importance of Being an Optimist: Evidence from Labor Markets

NBER Working Paper No. w16328
Number of pages: 44 Posted: 07 Sep 2010 Last Revised: 12 Feb 2023
Ron Kaniel, Cade Massey and David T. Robinson
University of Rochester - Simon Business School, University of Pennsylvania - The Wharton School and Fuqua School of Business, Duke University
Downloads 92 (527,545)

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41.

The Delegated Lucas Tree

CEPR Discussion Paper No. DP8578
Number of pages: 64 Posted: 29 Sep 2011
Ron Kaniel, Peter Kondor and Peter Kondor
University of Rochester - Simon Business School and London School of Economics & Political Science (LSE)Central European University (CEU)
Downloads 5 (1,124,124)
Citation 14
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agency, delegation, equilibrium, funds, money management

42.

Asset Return Predictability in a Heterogeneous Agent Equilibrium Model

CEPR Discussion Paper No. DP10328
Number of pages: 57 Posted: 23 Jan 2015
University of British Columbia (UBC) - Sauder School of Business, McIntire School, University of Virginia, University of Rochester - Simon Business School and Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF)
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consumption, equilibrium, excess returns, hedging, predictable

43.

Leaning for the Tape: Evidence of Gaming Behavior in Equity Mutual Funds

Posted: 19 Nov 2002
Kepos Capital LP, University of North Carolina Kenan-Flagler Business School, University of Rochester - Simon Business School and University of Pennsylvania - Finance Department

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44.

The High Volume Return Premium

White Center for Financial Research Working Paper No. 01-99
Posted: 14 Feb 1999
Simon Gervais, Ron Kaniel and Dan Mingelgrin
Duke University - Fuqua School of Business, University of Rochester - Simon Business School and University of Pennsylvania - The Wharton School

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45.

Are Transactions and Market Orders More Important than Limit Orders in the Quote Updating Process?

Rodney L. White Center Working Paper No. 16-98
Posted: 10 Aug 1998
Hong Liu and Ron Kaniel
Washington University in St. Louis - Olin Business School and University of Rochester - Simon Business School

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46.

Free Cash Flow, Optimal Contracting, and Takeovers

Rodney L. White Center Working Paper No. 3-97
Posted: 21 Apr 1997 Last Revised: 10 May 2024
Indiana University - Kelley School of Business - Department of Finance, University of Southern California - Marshall School of Business - Finance and Business Economics Department and University of Rochester - Simon Business School

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