Research
Working papers
Analysts Are Good at Ranking Stocks, with Erik Hjalmarsson and Ming Zeng
[ Working paper ]
Asymmetries and the Market for Put Options, with Mariana Khapko and Chayawat Ornthanalai
[ Working paper ]
Understanding Wealth-Tax Rates: An Investor-Utility Mapping to Capital-Gains Taxes, with Erik Hjalmarsson and Tamas Kiss
[ Working paper ]
Publications
Small Rebalanced Portfolios Often Beat the Market Over Long Horizons, with Erik Hjalmarsson
Review of Asset Pricing Studies, 2023, 13 (2), 307-342 [ Link (open access) ]
Long-Horizon Stock Returns Are Positively Skewed, with Erik Hjalmarsson
Review of Finance, 2023, 27 (2), 495–538 [ Link (open access) ]
Cognitive Skills and Economic Preferences in the Fund Industry, with Martin Holmen, Felix Holzmeister, Michael Kirchler, and Michael Razen
The Economic Journal, 2022, 132 (645), 1737-1764 [ Link (open access) ]
Stock Price Co-Movement and the Foundations of Pairs Trading, with Erik Hjalmarsson
Journal of Financial and Quantitative Analysis, 2019, 54 (2), 629-665 [ Working paper ] [ Link ]
Downside Risks and the Cross-Section of Asset Returns, with Roméo Tédongap
Journal of Financial Economics, 2018, 129 (1), 69-86 [ Working Paper ] [ Online Appendix ] [ Link ]
Asymmetries and Portfolio Choice, with Magnus Dahlquist and Roméo Tédongap
Review of Financial Studies, 2017, 30 (2), 667-702 [ Working Paper ] [ Online Appendix ] [ Link ]