Financial Markets and Investment Strategies

Most cited papers

1. The Pricing of Options and Corporate LiabilitiesJournal of Political Economy · 1973 · 29,661 citations
2. CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*The Journal of Finance · 1964 · 17,479 citations
3. On Persistence in Mutual Fund PerformanceThe Journal of Finance · 1997 · 17,258 citations
4. The Cross‐Section of Expected Stock ReturnsThe Journal of Finance · 1992 · 15,079 citations
5. Returns to Buying Winners and Selling Losers: Implications for Stock Market EfficiencyThe Journal of Finance · 1993 · 11,666 citations
6. Estimating Standard Errors in Finance Panel Data Sets: Comparing ApproachesReview of Financial Studies · 2008 · 11,462 citations
7. A Closed-Form Solution for Options with Stochastic Volatility with Applications to Bond and Currency OptionsReview of Financial Studies · 1993 · 9,215 citations
8. On the Relation between the Expected Value and the Volatility of the Nominal Excess Return on StocksThe Journal of Finance · 1993 · 8,781 citations
9. A Theory of the Term Structure of Interest RatesEconometrica · 1985 · 8,583 citations
10. The Capital Structure PuzzleThe Journal of Finance · 1984 · 7,594 citations
11. Theory of rational option pricingWORLD SCIENTIFIC eBooks · 2005 · 7,366 citations
12. Does the Stock Market Overreact?The Journal of Finance · 1985 · 7,331 citations
13. An Intertemporal Capital Asset Pricing ModelEconometrica · 1973 · 6,818 citations
14. Optimization of conditional value-at-riskThe Journal of Risk · 2000 · 6,757 citations
15. Dividend Policy, Growth, and the Valuation of SharesThe Journal of Business · 1961 · 6,694 citations
16. Multifactor Explanations of Asset Pricing AnomaliesThe Journal of Finance · 1996 · 6,545 citations
17. Noise Trader Risk in Financial MarketsJournal of Political Economy · 1990 · 6,487 citations
18. Investor Sentiment and the Cross‐Section of Stock ReturnsThe Journal of Finance · 2006 · 6,330 citations
19. When Is a Liability Not a Liability? Textual Analysis, Dictionaries, and 10‐KsThe Journal of Finance · 2011 · 6,245 citations
20. Industry costs of equityJournal of Financial Economics · 1997 · 6,236 citations
21. The Econometrics of Financial MarketsPrinceton University Press eBooks · 2012 · 6,104 citations
22. Investor Psychology and Security Market Under‐ and OverreactionsThe Journal of Finance · 1998 · 5,986 citations
23. Liquidity Risk and Expected Stock ReturnsJournal of Political Economy · 2003 · 5,698 citations
24. Boys will be Boys: Gender, Overconfidence, and Common Stock InvestmentThe Quarterly Journal of Economics · 2001 · 5,455 citations
25. Economic Forces and the Stock MarketThe Journal of Business · 1986 · 5,407 citations
26. By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market BehaviorJournal of Political Economy · 1999 · 5,400 citations
27. Lifetime Portfolio Selection under Uncertainty: The Continuous-Time CaseThe Review of Economics and Statistics · 1969 · 5,396 citations
28. Asset pricing and the bid-ask spreadJournal of Financial Economics · 1986 · 5,349 citations
29. Efficient Capital Markets: IIThe Journal of Finance · 1991 · 5,248 citations
30. Asset Prices in an Exchange EconomyEconometrica · 1978 · 5,193 citations
31. Market Liquidity and Funding LiquidityReview of Financial Studies · 2008 · 5,086 citations
32. Equilibrium in a Capital Asset MarketEconometrica · 1966 · 4,972 citations
33. The Cross‐Section of Volatility and Expected ReturnsThe Journal of Finance · 2006 · 4,866 citations
34. All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional InvestorsReview of Financial Studies · 2007 · 4,821 citations
35. Giving Content to Investor Sentiment: The Role of Media in the Stock MarketThe Journal of Finance · 2007 · 4,699 citations