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Dr Chryssi Giannitsarou

Chryssi Giannitsarou

Title of research: Learning, Networks and Stock Market Participation

Recent empirical literature documents that relative to middle-aged investors, young agents are broadly uninformed about stock market performance and tend to be agnostic about future stock market returns. This suggests a clear link between age, the information used to form subjective expectations about future stock market performance and stock market participation. This research programme provides a theoretical framework that is consistent with these findings whereby agents start their lives with no information about the stock market. As young agents grow older, they accumulate information in two ways: by participating in the stock market and by social interactions, which they use to update their beliefs about stock market performance, in line with the evidence.

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Best Student Paper Award 2021 - competition is now open

Feb 12, 2021

For the last 13 years, Cambridge Finance is offering its Best Student Paper Award. The award comprises a cash honorarium of £1,000 and a certificate is awarded to the author of the best student paper in finance presented during the 2020-2021 academic year.

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