Constantin Charles

I am an Assistant Professor of Finance at the London School of Economics. In my research, I use empirical and experimental methods to explore the effects of memory, cognitive noise, and narratives on financial markets and financial decisions. 

Publications

Insensitive Investors [SSRN] (with Cary Frydman and Mete Kilic)
Journal of Finance, 2024, 79(4): 2473-2503. 

Memory Moves Markets [SSRN]
Review of Financial Studies, 2025, 36(6): 1641-1686.

Working Papers

Causal Narratives [SSRN] (with Chad Kendall)
May 2025 -- updated version with new experiments!
Reject & Resubmit, Econometrica
Media coverage: Financial Times

Marketwide Memory [SSRN] (with Pengfei Sui)
October 2024

Memory and Trading [SSRN]
October 2022
WFA PhD Candidate Award for Outstanding Research (2021)

Inactive Papers (written before and during my PhD)

Company-College Co-Location: Do Universities Create Local Innovation Clusters? [SSRN]
June 2021

Peer Pressure in Corporate Earnings Management [SSRN] (with Markus Schmid and Felix von Meyerinck)
September 2018
Media coverage: Columbia Law School Blue Sky Blog