This introduces the symposium on financial economics. JEL Classification Codes: G01, G02, G11, G12, G18, G21, G23, G28

These are notes for a talk in the MIT-Northeastern Spring 2015 Geometric Representation Theory Seminar. The main source is [G02]. We discuss baby Verma modules for rational Cherednik algebras at t = 0.

We analyze time series of investor expectations of future stock market returns from six data sources between 1963 and 2011. The six measures of expectations are highly positively correlated with each other, as well as with past stock returns and with the level of the stock market. However, investor expectations are strongly negatively correlated with model-based expected returns. The evidence i...

Bu çalışmada, endüstriyel CNC tezgâhlarında dairesel ve helisel hareketlerin yüksek hızlı, hassasiyetli titreşimsiz tezgâh operasyonları ile gerçekleşmesi için jerk ivme sınırlandırmalı yörünge planlama algoritması geliştirilmiştir. Önerilen yöntemde öncelikle G-Kod dosyasından alınan G02 G03 komutlarına uygun dairesel/helisel yörüngeler çıkartılmakta komut satır geçişlerinde olması gereken hız...

When prospect theory (PT) is applied in a dynamic context, the probability weighting component brings new challenges. We study PT agents facing optimal timing decisions and consider the impact of allowing them to follow randomized strategies. In a continuous-time model of gambling and optimal stopping, Ebert and Strack (2015) show that a naive PT investor with access only to pure strategies nev...

The study is aimed to investigate the impact of investor sentiment on returns selected emerging equity markets i.e., Brazil, India, China, Russia, Indonesia, and Pakistan using non-linear predictive regression analysis. Principal Component Analysis used generate index. Investor has a significant current market this influence continued in short run most sample countries. However, not much pronou...

Abstract Many financial instruments are designed with embedded leverage, such as options and leveraged exchange-traded funds (ETFs). Embedded leverage alleviates investors’ constraints, and, therefore, we hypothesize that lowers required returns. Consistent this hypothesis, find empirically ETFs provide significant amounts of leverage; increases return volatility in proportion to the higher is ...

Marital status can both reflect and affect individual preferences. We explore the impact of marriage on corporate CEOs, and find that firms run by single CEOs exhibit higher stock return volatility, pursue more aggressive investment policies, and do not respond to changes in idiosyncratic risk. These effects are weaker for older CEOs. Our findings continue to hold when we use variation in divor...