Author Page for Tyler Shumway

Can Individual Investors Beat the Market?

HBS Finance Working Paper No. 04-025, Harvard NOM Working Paper No. 02-45

Number of pages: 39 Posted: 06 Jan 2003 Last Revised: 21 Jul 2018

Joshua D. Coval, David A. Hirshleifer and Tyler Shumway

Harvard Business School - Finance Unit, University of California, Irvine - Paul Merage School of Business and University of Michigan at Ann Arbor, The Stephen M. Ross School of Business

Downloads 9,733 (422)

Citation 54

Abstract:

2.

Forecasting Default with the Kmv-Merton Model

AFA 2006 Boston Meetings Paper

Number of pages: 36 Posted: 31 Dec 2004

Sreedhar T. Bharath and Tyler Shumway

Arizona State University (ASU) - Finance Department and University of Michigan at Ann Arbor, The Stephen M. Ross School of Business

Downloads 8,346 (558)

Citation 172

Abstract:

3.

Forecasting Bankruptcy More Accurately: A Simple Hazard Model

Downloads 5,030 ( 1,372)

2

Forecasting Bankruptcy More Accurately: A Simple Hazard Model

Number of pages: 33 Posted: 12 Aug 1999

Tyler Shumway

University of Michigan at Ann Arbor, The Stephen M. Ross School of Business

Downloads 5,030 (1,350)

Citation 309

Abstract:

Forecasting Bankruptcy More Accurately: A Simple Hazard Model

Journal of Business

Posted: 12 Aug 1999

Tyler Shumway

University of Michigan at Ann Arbor, The Stephen M. Ross School of Business

Abstract:

4.

Good Day Sunshine: Stock Returns and the Weather

Downloads 2,949 ( 3,485)

2

Good Day Sunshine: Stock Returns and the Weather

Dice Center Working Paper No. 2001-3

Number of pages: 31 Posted: 17 Apr 2001

David A. Hirshleifer and Tyler Shumway

University of California, Irvine - Paul Merage School of Business and University of Michigan at Ann Arbor, The Stephen M. Ross School of Business

Downloads 2,949 (3,416)

Citation 125

Abstract:

Good Day Sunshine: Stock Returns and the Weather

Journal of Finance, Vol. 58, pp. 1009-1032, June 2003

Posted: 22 Jul 2003

David A. Hirshleifer and Tyler Shumway

University of California, Irvine - Paul Merage School of Business and University of Michigan at Ann Arbor, The Stephen M. Ross School of Business

Abstract:

5.

Expected Option Returns

Number of pages: 35 Posted: 05 Nov 1999

Tyler Shumway and Joshua D. Coval

University of Michigan at Ann Arbor, The Stephen M. Ross School of Business and Harvard Business School - Finance Unit

Downloads 2,218 (5,533)

Citation 123

Abstract:

Expected Option Returns

Journal of Finance

Posted: 16 Oct 2000

Joshua D. Coval and Tyler Shumway

Harvard Business School - Finance Unit and University of Michigan at Ann Arbor, The Stephen M. Ross School of Business

Abstract:

6.

Learning By Trading

Number of pages: 49 Posted: 20 Mar 2006 Last Revised: 14 May 2014

Amit Seru, Tyler Shumway and Noah Stoffman

Stanford University, University of Michigan at Ann Arbor, The Stephen M. Ross School of Business and Indiana University - Kelley School of Business - Department of Finance

Downloads 1,733 (8,402)

Citation 54

Abstract:

Learning by Trading

The Review of Financial Studies, Vol. 23, Issue 2, pp. 705-739, 2009

Posted: 01 Feb 2010

Amit Seru, Tyler Shumway and Noah Stoffman

Stanford University, University of Michigan at Ann Arbor, The Stephen M. Ross School of Business and Indiana University - Kelley School of Business - Department of Finance

Abstract:

7.

Do Behavioral Biases Affect Prices?

EFA 2001 Barcelona Meetings

Number of pages: 35 Posted: 15 May 2001

Joshua D. Coval and Tyler Shumway

Harvard Business School - Finance Unit and University of Michigan at Ann Arbor, The Stephen M. Ross School of Business

Downloads 1,005 (20,205)

Citation 94

Abstract:

8.

Can Individual Investors Time Bubbles?

Georgia Tech Scheller College of Business Research Paper No. 2015-12

Number of pages: 54 Posted: 11 Jul 2014 Last Revised: 08 Dec 2017

Jussi Keppo, Tyler Shumway and Daniel Weagley

National University of Singapore - NUS Business School, University of Michigan at Ann Arbor, The Stephen M. Ross School of Business and Georgia Institute of Technology - Scheller College of Business

Downloads 681 (35,101)

Abstract:

9.

Explaining Returns with Loss Aversion

Number of pages: 33 Posted: 10 Feb 1998

Tyler Shumway

University of Michigan at Ann Arbor, The Stephen M. Ross School of Business

Downloads 634 (38,585)

Citation 13

Abstract:

10.

Peer Effects in Risk Aversion and Trust

Review of Financial Studies, 2014, vol. 27(11): 3213-3240.

Number of pages: 69 Posted: 16 Jun 2012 Last Revised: 30 Mar 2016

Kenneth R. Ahern, Ran Duchin and Tyler Shumway

University of Southern California - Marshall School of Business, University of Washington - Michael G. Foster School of Business and University of Michigan at Ann Arbor, The Stephen M. Ross School of Business

Downloads 607 (40,879)

Abstract:

11.

Investor Sophistication and the Home Bias, Diversification, and Employer Stock Puzzles

Number of pages: 29 Posted: 19 Mar 2010

Miles S. Kimball and Tyler Shumway

University of Michigan at Ann Arbor - Department of Economics and University of Michigan at Ann Arbor, The Stephen M. Ross School of Business

Downloads 485 (54,420)

Citation 23

Abstract:

12.

Pornography and Divorce

7th Annual Conference on Empirical Legal Studies Paper

Number of pages: 39 Posted: 18 Jul 2012 Last Revised: 28 Sep 2013

Tyler Shumway and Robert Daines

University of Michigan at Ann Arbor, The Stephen M. Ross School of Business and Stanford Law School

Downloads 412 (66,561)

Abstract:

13.

Is Sound Just Noise?

EFA 0244; University of Michigan Business School Working Paper No. 98024

Number of pages: 34 Posted: 20 Apr 1999

Joshua D. Coval and Tyler Shumway

Harvard Business School - Finance Unit and University of Michigan at Ann Arbor, The Stephen M. Ross School of Business

Downloads 393 (70,371)

Citation 23

Abstract:

14.

Pricing Kernel Monotonicity and Conditional Information

Forthcoming, Review of Financial Studies

Number of pages: 59 Posted: 24 Jan 2014 Last Revised: 05 Oct 2017

Matthew Linn, Sophie Shive and Tyler Shumway

Isenberg School of Management, University of Massachusetts, University of Notre Dame - Department of Finance and University of Michigan at Ann Arbor, The Stephen M. Ross School of Business

Downloads 286 (100,898)

Citation 1

Abstract:

15.

Portfolio Rebalancing in General Equilibrium

Downloads 120 (222,099)

2

Portfolio Rebalancing in General Equilibrium

Number of pages: 39 Posted: 22 Jul 2011

Miles S. Kimball, Matthew D. Shapiro, Tyler Shumway and Jing Zhang

University of Michigan at Ann Arbor - Department of Economics, University of Michigan at Ann Arbor - Department of Economics, University of Michigan at Ann Arbor, The Stephen M. Ross School of Business and University of Michigan at Ann Arbor

Downloads 100 (254,587)

Abstract:

Portfolio Rebalancing in General Equilibrium

NBER Working Paper No. w24722

Number of pages: 80 Posted: 18 Jun 2018

Miles S. Kimball, Matthew D. Shapiro, Tyler Shumway and Jing Zhang

University of Michigan at Ann Arbor - Department of Economics, University of Michigan at Ann Arbor - Department of Economics, University of Michigan at Ann Arbor, The Stephen M. Ross School of Business and University of Michigan at Ann Arbor

Downloads 20 (514,774)

Abstract:

16.

Presentation Slides for 'Can Individual Investors Beat the Market?'

Number of pages: 15 Posted: 08 Aug 2018

Joshua D. Coval, David A. Hirshleifer and Tyler Shumway

Harvard Business School - Finance Unit, University of California, Irvine - Paul Merage School of Business and University of Michigan at Ann Arbor, The Stephen M. Ross School of Business

Downloads 51 (367,353)

Abstract:

17.

Forecasting Default with the Merton Distance to Default Model

The Review of Financial Studies, Vol. 21, Issue 3, pp. 1339-1369, 2008

Posted: 02 Jul 2008

Sreedhar T. Bharath and Tyler Shumway

Arizona State University (ASU) - Finance Department and University of Michigan at Ann Arbor, The Stephen M. Ross School of Business

Abstract:

18.

The Delisting Bias in Crsp's NASDAQ Data and its Implications for Interpretation of the Size Effect

Posted: 17 Sep 1997

Tyler Shumway and Vincent A. Warther

University of Michigan at Ann Arbor, The Stephen M. Ross School of Business and Compass Lexecon

Abstract:

19.

Size, Overreaction, and Book-to-Market Effects as Default Premia

Posted: 18 Dec 1996

Tyler Shumway

University of Michigan at Ann Arbor, The Stephen M. Ross School of Business

Tyler Shumway

University of Michigan at Ann Arbor, The Stephen M. Ross School of Business

Associate Professor of Finance

19

Top 563

34,683

Top 473

991

Scholarly Papers (19)

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract: