Search Results - "Kim, Hugh Hoikwang"
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Time is money: Rational life cycle inertia and the delegation of investment management
Published in Journal of financial economics (01-08-2016)“…Many households display inertia in investment management over their life cycles. Our calibrated dynamic life cycle portfolio choice model can account for such…”
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The Impact of Shrouded Fees: Evidence from a Natural Experiment in the Indian Mutual Funds Market
Published in The American economic review (01-02-2012)“…We study a natural experiment in the Indian mutual funds sector that created a 22-month period in which closed-end funds were allowed to charge an arguably…”
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Information spillover of bailouts
Published in Journal of financial intermediation (01-07-2020)“…This paper investigates the information spillover effect of government bailouts. Analyzing money market funds’ dynamic enrollment status in the U.S. Treasury…”
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It pays to write well
Published in Journal of financial economics (01-05-2017)“…We quantify the effects of easy-to-read disclosure documents on firm value by analyzing shareholder reports of closed-end investment companies in which the…”
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Bank sentiment and liquidity hoarding
Published in Contemporary accounting research (01-09-2024)“…We analyze how bank sentiment affects bank liquidity hoarding, distinguishing unexplained beliefs of bank managers from fundamental‐based beliefs. We build a…”
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The consequences of non‐trading institutional investors
Published in Financial management (22-09-2023)“…We document that institutional investors do not trade a single share, on average, in one of five stocks in their portfolio for an extended period. Investors…”
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Opaque liabilities, learning, and the cost of equity capital for insurers
Published in The Journal of risk and insurance (01-12-2022)“…Analyzing major US property–liability insurers, we find that their cost of equity capital is negatively associated with their underwriting performance, but not…”
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