
Dong Lou
Administrative contact: Molly Walsh M.Walsh6@lse.ac.uk
Research Interests
Empirical Asset Pricing
Behavioural Finance
Administrative contact: Molly Walsh M.Walsh6@lse.ac.uk
Empirical Asset Pricing
Behavioural Finance
Journal of Financial Economics, 134 (1), 192-213.
We study the effect of superstar firms on an important human capital decision – college students’ choice of major. Past salient, extreme events in an...
We decompose the abnormal profits associated with well-known patterns in the cross-section of expected returns into their overnight and intraday...
We explore a subtle but important mechanism through which firms manipulate their information environments. We show that firms control information flow...
Historically, low-beta stocks deliver high average returns and low risk relative to high-beta stocks, offering a potentially profitable investment...
Portfolios often trade at substantial discounts relative to the sum of their components (e.g., closed-end funds, conglomerates). We propose a simple...