Discussion paper DP17515 US Taxation of Gambling Winnings and Incentives to Bet Karl Whelan 31 Jul 2022 Gambling Income tax Public Economics D81 G14 L83
Discussion paper DP17518 Risk Aversion and Favorite-Longshot Bias in a Competitive Fixed-Odds Betting Market Karl Whelan 30 Jul 2022 Gambling Favorite-longshot bias Risk aversion Financial Economics D81 G14 L83
Discussion paper DP17207 The Russia-Ukraine War and Climate Policy Expectations: Evidence from the Stock Market Ming Deng Markus Leippold Alexander F. Wagner Qian Wang 12 Jul 2022 Climate transition risk Energy Esg Event studies inflation Resilience Russia-ukraine war Stock returns Financial Economics E3 G14 G01 Q54
Discussion paper DP17370 Relative Investor Sentiment Measurement Xiang Gao Thomas Walther Zhan Wang 9 Jun 2022 Sentiment Emotional bias Cognitive error Preservers Accumulators Momentum Return predictability Financial Economics G12 G14
Discussion paper DP15070 Do institutional investors stabilize equity markets in crisis periods? Evidence from COVID-19 Simon Glossner Pedro Pinto Matos Stefano Ramelli Alexander F. Wagner 4 May 2022 Corporate cash holdings Coronavirus Corporate debt Covid-19 Esg Fire sales Institutional ownership Leverage Retail investors Tail risk Financial Economics G01 G12 G14 G32
Discussion paper DP17238 Financial Transaction Taxes and the Informational Efficiency of Financial Markets: A Structural Estimation Marco Cipriani Antonio Guarino Andreas Uthemann 22 Apr 2022 Financial transaction tax Market microstructure Structural estimation Financial Economics G14 D82 C13
Discussion paper DP17194 The Virtue of Complexity in Return Prediction Semyon Malamud Bryan Kelly Kangying Zhou 7 Apr 2022 Portfolio choice Machine learning Random matrix theory Benign overfit Overparameterization Financial Economics C3 C58 C61 G11 G12 G14
Discussion paper DP15581 Expectation dispersion, uncertainty, and the reaction to news Benjamin Born Jonas Dovern Zeno Enders 19 Feb 2022 Expectation dispersion Uncertainty Macroeconomic news stock market Event study Forecaster dispersion International Macroeconomics and Finance Monetary Economics and Fluctuations E44 G12 G14
Discussion paper DP16701 The Dark Side of Stakeholder Influence: The Surprising Effect of Customer Fraud on Suppliers Shantanu Banerjee Sudipto Dasgupta Rui Shi 12 Feb 2022 Playing it safe Corporate fraud Explorative innovation Exploitative innovation Supply chain Financial Economics G14 G3 L14 L24
Discussion paper DP17025 (In)efficiency in Information Acquisition and Aggregation through Prices Alessandro Pavan Savitar Sundaresan Xavier Vives 10 Feb 2022 Information acquisition Aggregation through prices Information externalities Team efficiency Financial Economics Industrial Organization D84 G14
Discussion paper DP16034 Using Social Media to Identify the Effects of Congressional Viewpoints on Asset Prices Francesco Bianchi Roberto Gomez Cram 18 Jan 2022 Asset pricing High-frequency identification Social media Partisanship Financial Economics D72 G14
Discussion paper DP16747 The Geography of Investor Attention Marco Pagano stefano mengoli Pierpaolo Pattitoni 22 Nov 2021 Attention Retail investors Local investors Distance News Liquidity Volatility Financial Economics D83 G11 G12 G14 G50 L86 R32