Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out including a look at the importance of picking the right portfolio benchmark.
Quote of the Day
"The probability of a study finding an effect in economics is 99.9%(!), but if publication selection bias is taken into account, this drops to a mere 29.7%."
(Joachim Klement)
Retirement
- Automatic retirement account enrollment helps to boost participation. (nber.org)
- Financial regrets in old age. (papers.ssrn.com)
Research
- A lot of anomalies disappear once you account for the costs of short sales. (papers.ssrn.com)
- Why single-factor strategies are tough to maintain. (mrzepczynski.blogspot.com)
- How to measure, and use, 'tail betas.' (caia.org)
- How much are investors willing to pay for ESG? (papers.ssrn.com)
- How bad weather affects portfolio manager activity. (papers.ssrn.com)
- How banks make money on leveraged loans. (papers.ssrn.com)
- What explains the funding gap for Black-led startups. (papers.ssrn.com)
