Most of my papers can be downloaded from my SSRN page.

Working Papers

"Prospect Theory and Stock Market Anomalies" (with Nicholas Barberis and Lawrence Jin). October 2019

       NBER Behavioral Finance; AFA (2020, scheduled); Miami Behavioral Finance conference (2019, scheduled)

"The Investment-Return Relation" (with Claire Hong). March 2019

 

"The Effect of Government Reference Bonds on Corporate Borrowing Costs: Evidence from a Natural Experiment" (with Mark Flannery and Claire Hong). September 2019. 

      VoxChina; SFS Cavalcade Asia-Pacific 2019

"Do Demand Curves for Stocks Slope Down in the Long Run?" (with Clark Liu). October 2018. 

"Ranking and Salience", March 2019. 

              

"The Nominal Price Premium", (with Justin Birru). March 2017. 

              Revise & Resubmit Critical Finance Review

"Probability Weighting and Asset Prices: Evidence from Mergers and Acquisitions", March 2017. 

              Reject & Resubmit Journal of Finance

"The Portfolio-Driven Disposition Effect", (with Li An, Joseph Engelberg, Matthew Henriksson, and Jared Williams). May 2019. 

             Revise & Resubmit Journal of Finance

"Cryptocurrency Pump-and-Dump Schemes", (with Tao Li and Donghwa Shin). Feb 2019. 

             AEA; 

             GSU/RFS FinTech conference; ABFER; Cornell; USF; CKGSB; SAIF; Fudan (Fanhai);

             Chicago Financial Institutions conference; Toronto FinTech conference; Renmin

             ABFER, CEPR, and CUHK First Annual Symposium in Financial Economics (scheduled);

             Blue Sky BlogBitcoin Exchange Guide; BitcoinNews; BTCNN; CCN; Coinigy Insights; LesEchos.fr;

             TheCryptoUpdates; XBT.net; Yahoo; 

            Nakamotojedi.com; EconomicPolicyJournal.com; 

             UFWarringtonNewsRoom

Publications

"The Impact of Salience on Investor Behavior: Evidence from a Natural Experiment", (with Cary Frydman). October 2019. 

              Journal of Finance forthcoming

              2018 TD Ameritrade Best Paper Award in Behavioral Finance

"The Cash Conversion Cycle Spread", Journal of Financial Economics forthcoming. Link to SAS code

"Prospect Theory and Stock Returns: An Empirical Test", (with Nicholas Barberis and Abhiroop Mukherjee), 2016. Review of Financial Studies 29 (11): 3108-3139.

"Nominal Price Illusion", (with Justin Birru), 2016. Journal of Financial Economics 119 (3): 578-598.

"The Liability of Opaqueness: State Ownership and the Likelihood of Deal Completion in International Acquisitions by Chinese Firms", (with Jiatao Li and Peixin Li). Strategic Management Journal 40 (2): 303-327. 

"Do Cross-Border Acquisitions Create Value? Evidence from Overseas Acquisitions by Chinese Firms", (with Jiatao Li and Peixin Li), 2016. International Business Review 25 (2): 471-483.

"Why Investors do not Buy Cheaper Securities? Evidence from a Natural Experiment", (with Kalok Chan and Zhishu Yang), 2019. Journal of Banking and Finance 101: 59-76. 

"Acquiring Organizational Capital", (with Peixin Li, Weikai Li, and Zilong Zhang), 2018. Finance Research Letters 25: 30-35. 

© 2018 by Baolian Wang