Kaniel, Ron

学历信息:宾夕法尼亚大学沃顿商学院金融学博士

研究方向:资产定价、资本市场、投资组合管理等

电子邮件:ron.kaniel@simon.rochester.edu

简介

论文

荣誉

Employment and Affiliations

May 2014 – Jay S. and Jeanne P. Benet Professor of Finance, Simon School of Business, University of Rochester.

July 2013 – April 2014 Professor, Simon School of Business, University of Rochester

July 2011 – July 2013 Associate Professor, Simon School of Business, University of Rochester.

December 2010 IGM Visiting Fellow, Booth School of Business, University of Chicago.

September 2010 – July 2011 Visiting Professor, Graduate School of Business, Stanford University.

February 2009 – present Research Fellow, Center for Economic Policy Research (CEPR).

March 2008 ICF Schoen Visiting Fellow, Yale School of Management, Yale University.

July 2006 – September 2011 Associate Professor, Fuqua School of Business, Duke University.

July 2003 – June 2006 Assistant Professor, Fuqua School of Business, Duke University.

July 1999 – June 2003 Assistant Professor, Finance Department, University of Texas at Austin.

1983–1988 Naval Officer, I.D.F. Navy, Israel.

  • “Are Mutual Fund Managers Paid for Investment Skill?” (with M. Ibert, S. Van Nieuwerburgh and R. Vestman), Review of Financial Studies, forthcoming, 2017.
    – Vox Column “What mutual fund manager compensation data tell us about the relationship between firms and their key employees”, 08 September 2017.
    – Harvard Law School Forum of Corporate Governance and Financial Regulation “Are Mutual Fund Managers Paid for Investment Skill?”, 02 October 2017.

  • “WSJ Category Kings - impact of media attention on consumer and mutual fund investment decisions”, (with R. Parham), Journal of Financial Economics, 2017, 123 (2), 337-356.
    – Vox Column “Media attention and investment decisions”, 06 March 2016.

  • “Are retail traders compensated for providing liquidity?”, (with J. Barrot and D.A. Sraer), Journal of Finance Economics, 2016, 120, 146-168.
    – Eurofidai best paper award, 2016.

  • “Asset Return Predictability in a Heterogeneous Agent Equilibrium Model”, (with M. Carlson, D. Chapman, and H. Yan), Quarterly Journal of Finance, 2015, 5 (2), 125-170.

  • “The Delegated Lucas Tree,” (with P. Kondor), Review of Financial Studies, 2013, 26 (4), 929-984.

  • “Why Do Investors Chase Return Trends?”, (with A. Alti and U. Yoeli), Journal of Financial Intermediation, 2012, 21(4), 694–721.

  • “Investor Trading and Return Patterns around Earnings Announcements,” (with S. Liu, G. Saar and S. Titman), Journal of Finance, 2012, 67, 639-680.

  • “The High Volume Return Premium: Cross-Country Evidence,” (with A. Ozoguz and L. Starks), Journal of Financial Economics, 2012, 103, 255-279.
    – 2003 FMA European Meeting Best Paper Award.

  • “Equilibrium Prices in the presence of Delegated Portfolio Management,” (with D. Cuoco), Journal of Financial Economics, 2011, 101, 264-269.

  • “Mutual Fund Portfolio Choice in the Presence of Dynamic Flows,” (with J. Hugonnier), Mathematical Finance, 2010, 20(2), 187-227.

  • “Price Drift as an Outcome of Differences in Higher Order Beliefs”(with S. Banerjee and I. Kremer), Review of Financial Studies, 2009, 22, 3707-3734.

  • “Individual Investor Trading and Stock Returns,” (with G. Saar and S. Titman), Journal of Finance, 2008, 63(1), 273-310.
    – Finalist for 2008 Smith Breeden Prize for best paper published by the Journal of Finance
    – Glucksman Institute Research Prize Second Place Award for best Stern School of Business research papers in finance, 2004.

  • “Efficient Computation of Hedging Parameters for Discretely Exercisable Options”, (with S. Tompaidis and A. Zemlianov), Operations Research, 2008, 56(4), 811-826. (lead article).

  • “Relative Wealth Concerns and Financial Bubbles,” (with P.M. DeMarzo and I. Kremer), Review of Financial Studies, 2008, 21(1), 19-50.

  • “Technological Innovation and Real Investment Booms and Busts,” (with P.M. DeMarzo and I. Kremer), Journal of Financial Economics, 2007, 85(3), 735-754.

  • “Tax Management Strategies with Multiple Risky Assets,” (with M. Gallmeyer and S. Tompaidis), Journal of Financial Economics, 2006, 80(2), 243-291. (lead article).

  • “So What Orders Do Informed Traders Use?,” (with H. Liu), Journal of Business, 2006, 79(4), 1867–1913. – Geewax, Terker & Company First Prize as best paper published in Wharton’s Rodney L. White Center working paper series, 1998.

  • “Diversification as a Public Good: Community Effects in Portfolio Choice,” (with P.M. DeMarzo and I. Kremer), Journal of Finance, 2004, 59(4), 1677-1715.
    – Nominated for 2004 Smith Breeden Prize as best paper published by the Journal of Finance.

  • “Leaning for the Tape: Evidence of Gaming Behavior in Equity Mutual Funds,” (with M. Carhart, D. Musto and A. Reed), Journal of Finance, 2002, 57(2), 661-693.
    – Nominated for 2002 Smith Breeden Prize as best paper published by the Journal of Finance.

  • “The High Volume Return Premium,” (with S. Gervais and D. Mingelgrin), Journal of Finance, 2001, 56(3), 877-920.

  • “Competitive Optimal Online Leasing,” (with R. El-Yaniv and N. Linial), Algorithmica, 1999, 25(1), 116-140.

  • Eurofidai best paper award, 2016.
  • Best paper prize, 2016 Utah Winter Finance Conference.
  • TWC best paper award, 2010 China International Conference in Finance.
  • Finalist for 2008 Smith Breeden Prize for best paper published by the Journal of Finance.
  • Glucksman Institute Research Prize Second Place for best Stern School of Business research papers in finance, 2004.
  • Nomination for 2004 Smith Breeden Prize for best paper published by the Journal of Finance.
  • 2003 FMA European Meeting Best Paper Award.
  • Nomination for 2002 Smith Breeden Prize for best paper published by the Journal of Finance.
  • Geewax, Terker & Company First Prize for best paper published in Wharton’s Rodney L. White Center working paper series, 1998.