Agarwal, Sumit, Gene Amromin, Itzhak Ben-David, and Douglas Evanoff, 2024, Predatory Lending and Hidden Risks, Journal of Financial and Quantitative Analysis, forthcoming.
Fermand, Elyas, Camelia M. Kuhnen, Geng Li, and Itzhak Ben-David, 2024, Expectations Uncertainty and Household Economic Behavior, Management Science, forthcoming.
Ben-David, Itzhak, Pascal Towbin, Sebastian Weber, 2024, Expectations During the U.S. Housing Boom: Inferring Beliefs from Observables, Review of Economics & Statistics, forthcoming.
Ben-David, Itzhak, Jiacui Li, Andrea Rossi, and Yang Song, 2024, Discontinued Positive Feedback Trading and the Decline of Return Predictability, Journal of Financial and Quantitative Analysis, forthcoming.
Ben-David, Itzhak, Francesco Franzoni, Byungwook Kim, Rabih Moussawi, 2023, Competition for Attention in the ETF Space, Review of Financial Studies 36(3), 987–1042.
- Media: Wall Street Journal, OSU press release, Bloomberg, Buckingham, StudyFinds, Business Journal, Grant’s, Financial Times, ETF Trends, Reuters, Wall Street Journal, Investors’ Chronicle, MarketWatch, Alpha Architect, Firstlinks, InvestorPlace, Rational Reminder, Financial Times, CityWire, ETFStream, Financial Times, Korea Capital Market Institute interview, Bloomberg, The Blindfolded Chimpanzee, OSU News, Wealth Professional, StudyFinds, Financial Times, BoardIQ, DePaul Behavioral Finance Newsletter, Barron’s, The Economist
Ben-David, Itzhak, Byungwook Kim, Hala Moussawi, and Darren Roulstone, 2023, Corporate Transactions in Hard-to-Value Stocks, Review of Corporate Financial Studies 12(3), 539–580.
- Media: RCSF Paper Spotlight
Ben-David, Itzhak, Jiacui Li, Andrea Rossi, and Yang Song, 2022, Ratings-Driven Demand and Systematic Price Fluctuations, Review of Financial Studies 35(6), 2790–2838.
Ben-David, Itzhak, Jiacui Li, Andrea Rossi, and Yang Song, 2022, What Do Mutual Fund Investors Really Care About?, Review of Financial Studies 35(4), 1723–1774.
- Media: ETF.com, The CLS Blue Sky Blog, ETF.com, CityWire, Alpha Architect
Ben-David, Itzhak, Yeejin Jang, Stefanie Kleimeier, and Michael Viehs, 2021, Exporting Pollution: Where Do Multinational Firms Emit CO2?, Economic Policy 36 (107), 377–437, Lead Article.
- Media: Harvard Business Review, Principles for Responsible Investment, CEPR blog interview (appears also on VoxDev), Academic Times, OUPblog, Apache
Ben-David, Itzhak, Francesco Franzoni, Rabih Moussawi, and John Sedunov, 2021, The Granular Nature of Large Institutional Investors, Management Science 67 (11), 6629–6659, Lead Article.
- Media: TheStreet, Chief Investment Officer, VoxEU, ProMarket, Forbes, Financial Times, Seeking Alpha
Ben-David, Itzhak, 2021, Simple and Intuitive Business Practices in Financial Economics, in Oxford Research Encyclopedia of Economics and Finance, Oxford University Press, doi: https://doi.org/10.1093/acrefore/9780190625979.013.626.
Ben-David, Itzhak, and Marieke Bos, 2021, Impulsive Consumption and Financial Wellbeing: Evidence from an Increase in the Availability of Alcohol, Review of Financial Studies 34 (5), 2608–2647.
- Media: OSU press release
Baugh, Brian, Itzhak Ben-David, Hoonsuk Park, and Jonathan Parker, 2021, Asymmetric Consumption Smoothing, American Economic Review 111 (1), 192–230.
- Media: TheStreet
Beauchaine, Theodore P., Itzhak Ben-David, and Marieke Bos, 2020, ADHD, Financial Distress, and Suicide in Adulthood: A Population Study, Science Advances 6 (40), eaba1551.
- Media: TheStreet, Doctors’ Lounge, Tek Crispy, theravive, Opalesque, Psychiatric Times, Health Day, US News, OSU News
Agarwal, Sumit, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Douglas Evanoff, 2020, Financial Education versus Costly Counseling: How to Dissuade Borrowers from Choosing Risky Mortgages?, American Economic Journal: Economic Policy 12 (1), 1–32, Lead Article.
- Media: Chicago Sun-Times, New Republic, Columbus Dispatch
- Awards:
- Grant award from FDIC
- Paolo Baffi Fellowship from Bocconi University
- Award from Networks Financial Institute: Significant and innovative research on financial services (honorable mention award)
Ben-David, Itzhak, Stefanie Kleimeier, and Michael Viehs, 2019, When Environmental Regulations Are Tighter at Home, Companies Emit More Abroad, in: Cashman, C., Climate Change: The Insights You Need from Harvard Business Review, HBR Insights Series – Leadership & Managing People, Harvard Business Review Press, 43-53.
Ben-David, Itzhak, Francesco Franzoni, and Rabih Moussawi, 2019, An Improved Method to Predict Assignment of Stocks into Russell Indexes, Journal of Finance: Replications and Corrigenda (web-only: https://doi.org/10.37214/jofweb.1/)
Ben-David, Itzhak, 2019, High Leverage and Willingness to Pay: Evidence from the Residential Housing Market, Real Estate Economics 47 (3), 643–684.
Agarwal, Sumit, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Yan Zhang, 2019, Holdup by Junior Claimholders: Evidence from the Mortgage Market, Journal of Financial and Quantitative Analysis 54 (1), 247–274.
Ben-David, Itzhak, Justin Birru, and Andrea Rossi, 2019, Industry Familiarity and Trading: Evidence from the Personal Portfolios of Industry Insiders, Journal of Financial Economics 132 (1), 49–75.
- Media: Alpha Architect
Agarwal, Sumit, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Douglas Evanoff, 2019, Mitigating Investor Losses due to Mortgage Defaults: Lessons from Global Financial Crisis, in Franklin Allen, Ester Faia, Michalis Haliassos, Katja Langenbucher, eds., Capital Markets Union and Beyond, MIT Press.
- Media: Washington Post
Ben-David, Itzhak, Francesco Franzoni, and Rabih Moussawi, 2018, Do ETFs Increase Volatility?, Journal of Finance 73 (6), 2471–2535, Lead Article.
- Media: Financial Times, 24 Ore, Financial Times, Reuters, Financial News, PBS, Pensions&Investments, MarketWatch, Financial Times, Wall Street Journal, The Hill, Bloomberg, TabbFORUM
- SEC-NYU Discussion (mins 12:00-27:00)
- IMF Report, followed by Financial Times coverage
- Best Paper Award at 20th Annual Multinational Finance Society Conference, Izmir Turkey
Ben-David, Itzhak, Justin Birru, and Viktor Prokopenya, 2018, Uninformative Feedback and Risk Taking, Review of Finance 22 (6), 2009–2036.
Agarwal, Sumit, Gene Amromin, Itzhak Ben-David, and Serdar Dinc, 2018, The Politics of Foreclosures, Journal of Finance 73 (6), 2677–2717.
- Media: ProMarket, MarketWatch
Agarwal, Sumit, and Itzhak Ben-David, 2018, Loan Prospecting and the Loss of Soft Information, Journal of Financial Economics 129 (3), 608–628.
Baugh, Brian, Itzhak Ben-David, and Hoonsuk Park, 2018, Can Taxes Shape an Industry? Evidence from the Implementation of the “Amazon Tax”, Journal of Finance 73 (4), 1819–1855.
- Media: New York Times, BloombergView, Seattle Times, Business Insider, NPR, Bloomberg Businessweek, Boston Globe, MSN Money, Bloomberg TV (mins 4:16-5:50), Wall Street Journal, Vox, Motley Fool, Reuters, Forbes, Fox News, VoxEU, Washington Examiner, Wall Street Journal, Salon.com, NBER Digest, Chicago Tribune, Slate, Washington Post, Wall Street Journal, Wall Street Journal, Wall Street Pit
- Grant award from NBER Household Finance
Ben-David, Itzhak, Francesco Franzoni, and Rabih Moussawi, 2017, Exchange Traded Funds, Annual Review of Financial Economics 9, 165–185.
Ben-David, Itzhak, Ajay Palvia, and Chester Spatt, 2017, Banks’ Internal Capital Markets and Deposit Rates, Journal of Financial and Quantitative Analysis 52 (5), 1797–1826.
- Grant award from GARP Foundation
Agarwal, Sumit, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, Tomasz Piskorski, and Amit Seru, 2017, Policy Intervention in Debt Renegotiation: Evidence from the Home Affordable Modification Program, Journal of Political Economy 125 (3), 654–712.
- Media: Business Week, Wall Street Journal, ProPublica, CBS, MSN Money, Chicago Tribune, CNN Money, Stanford Business Insights
Beauchaine, Theodore P., Itzhak Ben-David, and Aner Sela, 2017, Attention-Deficit/Hyperactivity Disorder, Delay Discounting, and Risky Financial Behaviors: A Preliminary Analysis of Self-report Data, PLoS One 12 (5), e0176933.
- Media: CardRates,com, OSU insights
Agarwal, Sumit, Itzhak Ben-David, and Vincent Yao, 2017, Systematic Mistakes of Borrowers in the Mortgage Market and Lack of Financial Sophistication, Journal of Financial Economics 123 (1), 42–58.
Agarwal, Sumit, Itzhak Ben-David, and Vincent Yao, 2015, Collateral Valuation and Borrower Financial Constraints: Evidence from the Residential Real Estate Market, Management Science 61 (9), 2220–2240.
Ben-David, Itzhak, Michael Drake, and Darren Roulstone, 2015, Acquirer Valuation and Acquisition Decisions: Identifying Mispricing Using Short Interest, Journal of Financial and Quantitative Analysis 50 (1–2), 1–32, Lead Article.
Agarwal, Sumit, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Douglas Evanoff, 2015, Financial Literacy and Financial Planning: Evidence from India, Journal of Housing Economics 27, 4–21.
- Media: Wall Street Journal
Agarwal, Sumit, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Douglas Evanoff, 2014, Predatory Lending and the Subprime Crisis, Journal of Financial Economics 113, 29–52.
Ben-David, Itzhak, John R. Graham, Campbell R. Harvey, 2013, Managerial Miscalibration, Quarterly Journal of Economics 128 (4), 1547–1584.
- Presentation: Managerial Miscalibration
- Media:
- CFO.com, CFO.com, New York Times (Richard Thaler), Scientific American, Economico Valor, New Yorker, VoxEU, Wall Street Journal, McKinsey & Company, Rational Reminder
- Featured in Daniel Kahneman’s book, Thinking, Fast and Slow, 2011. Discussed in Daniel Kahneman’s interview (mins 25–28), The Motley Fool, 28 June 2013
Ben-David, Itzhak, Francesco Franzoni, Augustin Landier, and Rabih Moussawi, 2013, Do Hedge Funds Manipulate Stock Prices?, Journal of Finance 68 (6), 2383–2434.
- Media: Wall Street Journal, Wall Street Journal, Wall Street Journal, Consumer Affairs, Jornal de Negócios, AllAboutAlpha
Ben-David, Itzhak, and David Hirshleifer, 2012, Are Investors Really Reluctant to Realize their Losses? Trading Responses to Past Returns and the Disposition Effect, Review of Financial Studies 25 (8), 2485–2532.
Ben-David, Itzhak, Francesco Franzoni, and Rabih Moussawi, 2012, Hedge Fund Stock Trading during the Financial Crisis of 2007-2009, Review of Financial Studies 25 (1), 1–54, Lead Article.
Agarwal, Sumit, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Douglas Evanoff, 2011, The Role of Securitization in Mortgage Renegotiation, Journal of Financial Economics 102 (3), 559–578.
Ben-David, Itzhak, 2011, Financial Constraints and Inflated Home Prices during the Real-Estate Boom, American Economic Journal: Applied Economics 3 (3), 55–87.
- Media:
- Awards:
- Prize winner at BSI Gamma Foundation, Real Estate, 2008
- Prize winner at CQA Academic Competition, 2008
Agarwal, Sumit, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Douglas Evanoff, 2011, Financial Counseling, Financial Literacy, and Household Decision Making, in Mitchell, O., and A. Lusardi (eds.), Financial Literacy: Implications for Retirement Security and the Financial Marketplace, Oxford, UK: Oxford University Press.
Agarwal, Sumit, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Douglas Evanoff, 2010, Learning to Cope: Voluntary Financial Education Programs and the Housing Crisis, American Economic Review – Papers and Proceedings 100 (2), 495–500.
Ben-David, Itzhak, 2010, Dividend Policy Decisions, in H. Kent Baker and John R. Nofsinger (eds.), Behavioral Finance (Robert W. Kolb Series in Finance), John Wiley & Sons, Inc., New Jersey.
Ben-David, Itzhak, and Jim Schallheim, 2007, The Response to Customer Default: Captive Versus Non-captive Lessors, Journal of Equipment Lease Financing 25 (1), 1–6.
- Awarded Equipment Leasing and Finance Foundation research grant, 2006
Ben-David, Itzhak, 2005, Company Performance and Leased Assets in Sale-and-Leaseback Transactions, Journal of Equipment Lease Financing 23 (2), 1–8.
- Awarded Equipment Leasing and Finance Foundation research grant, 2005
Ben-David, Itzhak, and Tzvi Raz, 2001, An Integrated Approach for Risk Response Development in Project Planning, Journal of Operational Research Society 52, 14–25.