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| A unified theory of underreaction, momentum trading, and overreaction in asset markets 
 [PDF] from harvard.edu
 
 H Hong… - The Journal of Finance, 1999 - Wiley Online Library
 
 We model a market populated by two groups of boundedly rational agents:“newswatchers”
 and “momentum traders.” Each newswatcher observes some private information, but fails to
 extract other newswatchers' information from prices. If information diffuses gradually ...
 
 Cited by 1805 - Related articles- Library Search - BL Direct - All 74 versions
 
 Bad news travels slowly: Size, analyst coverage and the profitability of momentum strategies
 [PDF] from cenet.org.cn
 H Hong, T Lim… - 1998 - nber.org
 ... PAPER SERIES BAD NEWS TRAVELS SLOWLY: SIZE, ANALYST COVERAGE AND THE
 PROFITABILITY OF MOMENTUM STRATEGIES Harrison Hong Terence Lim ... Research through
 a grant to the National Bureau of Economic Research, and the Finance Research Center ...
 Cited by 1157 - Related articles - Library Search - BL Direct - All 60 versions
 
 Analyzing the analysts: Career concerns and biased earnings forecasts
 
 [PDF] from ufrn.br
 
 H Hong… - The Journal of Finance, 2003 - Wiley Online Library
 
 We examine security analysts' career concerns by relating their earnings forecasts to job
 separations. Relatively accurate forecasters are more likely to experience favorable career
 outcomes like moving up to a high-status brokerage house. Controlling for accuracy, ...
 
 Cited by 568 - Related articles - BL Direct - All 29 versions
 
 
 Social interaction and stock‐market participation
 
 [PDF] from harvard.edu
 
 H Hong, JD Kubik… - The Journal of Finance, 2004 - Wiley Online Library
 
 We propose that stock-market participation is influenced by social interaction. In our model,
 any given “social” investor finds the market more attractive when more of his peers
 participate. We test this theory using data from the Health and Retirement Study, and find ...
 
 Cited by 537 - Related articles- Library Search - BL Direct - All 40 versions
 
 
 Thy Neighbor's Portfolio: Word‐of‐Mouth Effects in the Holdings and Trades of Money Managers
 
 [PDF] from dufe.edu.cn
 
 H Hong, JD Kubik… - The Journal of Finance, 2005 - Wiley Online Library
 
 A mutual fund manager is more likely to buy (or sell) a particular stock in any quarter if other
 managers in the same city are buying (or selling) that same stock. This pattern shows up
 even when the fund manager and the stock in question are located far apart, so it is ...
 
 Cited by 275 - Related articles- Library Search - BL Direct - All 44 versions
 
 
 Asset float and speculative bubbles
 
 [PDF] from nus.edu
 
 H Hong, J Scheinkman… - The journal of finance, 2006 - Wiley Online Library
 
 We model the relationship between asset float (tradeable shares) and speculative bubbles.
 Investors with heterogeneous beliefs and short-sales constraints trade a stock with limited
 float because of insider lockups. A bubble arises as price overweighs optimists' beliefs ...
 
 Cited by 202 - Related articles - Library Search - BL Direct - All 42 versions
 
 
 Disagreement and the stock market
 
 [PDF] from upf.edu
 
 H Hong… - The Journal of Economic Perspectives, 2007 - JSTOR
 
 ... Disagreement and the Stock Market Harrison Hong and Jeremy C. Stein Over the last 20 years,
 the field of behavioral finance has grown from a startup operation into a mature enterprise, with
 well-developed bodies of of both theory and empirical evidence. ...
 
 Cited by 217 - Related articles - BL Direct - All 22 versions
 
 
 Trading and returns under periodic market closures
 
 [PDF] from princeton.edu
 
 H Hong… - The Journal of Finance, 2000 - Wiley Online Library
 
 This paper studies how market closures affect investors' trading policies and the resulting
 return-generating process. It shows that closures generate rich patterns of time variation in
 trading and returns, including those consistent with empirical findings
  1) U-shaped ... 
 Cited by 105 - Related articles - BL Direct - All 18 versions
 
 
 Does fund size erode mutual fund performance? The role of liquidity and organization
 
 [PDF] from cornell.edu
 
 J Chen, H Hong, M Huang… - The American Economic …, 2004 - ingentaconnect.com
 
 ... By JOSEPH CHEN, HARRISON HONG, MING HUANG, AND JEFFREY D. KUBIK* ... of Business,
 University of Southern California, Hoffman Hall 701, Los Angeles, CA 90089 (e-mail:
 joe.chen@marshall.usc.edu); Hong: Bendheim Center for Finance, Princeton University ...
 
 Cited by 412 - Related articles - All 29 versions
 
 Breadth of ownership and stock returns
 
 [PDF] from 118.96.136.228
 
 J Chen, H Hong… - Journal of financial Economics, 2002 - Elsevier
 
 Cited by 548 - Related articles - Library Search - BL Direct - All 55 versions
 
 Forecasting crashes: Trading volume, past returns, and conditional skewness in stock prices
 
 [PDF] from 118.96.136.228
 
 J Chen, H Hong… - Journal of Financial Economics, 2001 - Elsevier
 
 ... The model of Hong and Stein (1999), which provides the principal motivation for our empirical
 tests, begins with the assumption that there are ... Hence, unlike most of the behavioral finance
 literature, which relies on limited arbitrage, the model's only implications are for the higher ...
 
 Cited by 288 - Related articles - Library Search - BL Direct - All 45 versions
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