David Ikenberry, Rice
University; Josef Lakonishok,
University of Illinois; and Theo Vermaelen,
"Market Underreaction to Open Market Share Repurchases"
Discussant: William Nelson, Federal Reserve System
William Nelson, Federal Reserve System
"Do Firms Buy Low and Sell High: Evidence of Excess Returns on Firms that Issue or
Discussant: Josef Lakonishok, University of Illinois
William Goetzmann and Nadev
Peles, Columbia University
"Cognitive Dissonance and Mutual Fund Investors"
Discussant: Richard Herrnstein, Harvard University
"Noise Trader Risk, Odd-Lot Trading and Security Returns"
Discussant: Werner De Bondt, University of Wisconsin,
Hirshleifer and Ivo Welch,
UC, Los Angeles
"Institutional Memory, Inertia, and Impulsiveness"
Discussant: Jeremy C. Stein, MIT and NBER
Johnette M. Sigwarth, University of Iowa
"Changes in Consumer Confidence and the January Small-Firm Effect"
Discussant: Richard H. Thaler, Cornell University and NBER
Laporta, Harvard University
"Expectations and the Cross-Section of Stock Returns"
Discussant: Kenneth R. French, Dartmouth College and NBER
Jeffrey Pontiff, University of Washington
"Costly Arbitrage and Closed-End Fund Discounts"
Discussant: Andrei Shleifer, Harvard University and NBER