Darden
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Ting Xu – Darden – Brown Bag Series
Darden, FOB 194International Legal Institutions and the Globalization of Innovation Bo Bian, Jean-Marie Meier, and Ting Xu October 11, 2019 Abstract We study how innovation goes global in response to the establishment of strong international legal institutions that reduce cross-border contracting frictions. We construct novel measures of the globalization of innovation at Read more…
Justin Birru – Ohio State
Darden, FOB 194Attention and biases: Evidence from tax-inattentive Justin Birru, Fernando Chague , Rodrigo De-Losso, and Bruno Giovannetti September 23, 2019 Abstract We provide evidence of investor inattention to a very simple and well-known taxexemption opportunity in the Brazilian stock market. Attentive and inattentive investors are similar along the dimensions of portfolio size Read more…
Michael Farrell – Darden – Brown Bag Series
Darden, FOB 194Read Between the Filings Daily Mutual Fund Holdings and Liquidity Provision Michael Farrell August 2018 ABSTRACT Many questions about mutual fund trading require daily holdings, yet mutual funds are only required to report quarterly holdings. I model intraquarter trading and use the genetic algorithm to estimate the trade pattern that Read more…