Dr. Ehsan Nikbakht and Dr. Andrew Spieler coauthored the following publications:
Nikbakht, E., Shahrokhi, M., Spieler, A. C., “An International Perspective of Volatility Spillover Effect: The Case of REITs.” International Journal of Business, forthcoming
Nikbakht, E., Sarkar, S., Spieler, A. C. “External Monitoring of Private Firms”, Global Finance Journal, forthcoming
Dr. Na Wang and Dr. Edward Zychowicz
Bloomberg News reported on a study co-authored by Frank G. Zarb School of Business professors Na Wang and Edward Zychowicz, along with a professor from Albany Business School, on how the use of technical analysis affects hedge fund performance. http://www.bloomberg.com/news/articles/2015-05-04/your-trading-charts-work-better-in-study-when-markets-get-frothy
Na Wang, Assistant Professor of Finance, Hofstra University
Recipient of the Lawrence A. Stessin Prize for Outstanding Scholarly Publication and Dean’s Research Award
Paper Title: Trading for Status
Journal: Review of Financial Studies
Publication Date: vol. 27, No 11, Nov. 2014
Harrison Hong, Princeton University
Wenxi Jiang, Yale University
Bin Zhao, Shanghai Advanced Institute of Finance, Shanghai Jiaotong University
We show that Keeping-Up-with-the-Joneses preferences can explain several puzzling retail investor behaviors, including the excessive trading of small local stocks. Status concerns lead households, especially those living in affluent areas, to demand these stocks to track their neighbors' wealth. This demand varies procyclically with the stock market's value and generates household trading. Using Chinese data on local stock turnover, stock message boards, and brokerage account trading, we test and confirm this hypothesis by exploiting the uneven rise of affluence across Chinese cities between 1998 and 2012.
2014 Dr. Ahmet Karagozoglu was invited to deliver a keynote speech at the 11th Shanghai Derivatives Market Forum
Dr. Ahmet Karagozoglu was invited to deliver a keynote speech at the 11th Shanghai Derivatives Market Forum, organized by the Chinese Financial Futures Exchange (CFFEX) and the Shanghai Futures Exchange (SHFE), which took place on May 28, 2014 in Shanghai, China. Dr. Karagozoglu’s keynote address was titled “Macroeconomic Conditions: Implications for Global Derivatives Markets”. Vice Chairman of the China Securities Regulatory Commission, Chairman and CEOs of both CFFEX and SHFE as well as the Deputy Director, Financial and Economic Committee of the National People’s Congress were among the approximately 1,500 attendees of the largest gathering of financial market professionals in Asia.
2014 Dean’s Research Award Presented to Dr. Dominique Gehy
At the final faculty meeting of the 2013-2014 academic year, Dean Patrick Socci presented awards for outstanding service and achievement to select faculty. Dr. Dominique Gehy Professor of Finance, received the Dean’s Research Award for her paper entitled “Changing the rules again: Short selling in connection with public equity offers.” The publication studied the impact of two recent regulations that impose restrictions on short selling and was published in the Journal of Banking & Finance .
2012 Dean’s Research Award Presented to Dr. Ahmet Karagozoglu
At the final faculty meeting of the 2011-2012 academic year, Dean Patrick Socci presented awards for outstanding service and achievement to select faculty. Dr. Ahmet Karagozoglu, associate professor of finance, received the Dean’s Research Award.