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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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CERF Fellow Dr. Bang Dang Nguyen - paper will be presented at the AFA Annual Meeting 2020 in San Diego

Sep 26, 2019

Political Connections and Firm Value: Evidence from Close Gubernatorial Elections, joint with Q.A. Do (SciencesPo Paris) and Yen-Teik Lee (Curtin University), is accepted and will be presented at the AFA Annual Meeting 2020 in San Diego.

CERF Scholar Shiqi Chen presented her paper at Leeds University Business School

Jun 28, 2019

Shiqi Chen presented her paper entitled “Financial Policies and Internal Governance with Heterogeneous Risk Preferences” (joint with Bart Lambrecht) in the Accounting and Finance seminar at Leeds University Business School, the Finance seminar at Essex Business School, CERF Lunch Seminar at Cambridge Judge Business School, and at the 2019 Annual Real Options Conference in London.

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