Ivo Welch
Distinguished Professor of Finance; J. Fred Weston Chair in Finance
About
Widely regarded as one of the more influential economists of his generation, Ivo Welch has authored numerous publications with far-reaching citation impacts. Known for his work on informational cascades, he has also published work on initial public offerings, capital structure, dividends, market-timing, performance evaluation, earnings management, overconfidence, socially responsible investing and bankruptcy.
Topics
![Photo of Ivo Welch](https://anderson-review.ucla.edu/wp-content/uploads/2020/07/ivo-welch.jpg)
6 Articles
![A metal trash can containing four wadded up pieces of paper](https://anderson-review.ucla.edu/wp-content/uploads/2022/03/AR-thumb-debunk.jpg)
46 Possible Stock Market Strategies from Academics Get a Retest
We won’t call it debunking, but not all investing tips hold up
![A man using a laptop on his kitchen table](https://anderson-review.ucla.edu/wp-content/uploads/2020/10/AR-robinhood-hero-760x570.jpg)
Puncturing the Small-Investors-are-Bad-Investors Narrative
Individuals using the Robinhood trading app appear to beat the market
![Illustration of vultures sitting on a sign in a city](https://anderson-review.ucla.edu/wp-content/uploads/2020/07/AR-powder-dry-hero-760x570.jpg)
Less Leveraged Than the Competition: Ready to Snag Distressed Assets in a Recession
When bad times hit, highly indebted companies often have to sell operations and equipment at fire-sale prices
![Stock market ticker displays](https://anderson-review.ucla.edu/wp-content/uploads/2020/07/AR-moving-averages-hero-760x570.jpg)
New Appreciation for a Classic Stock Market Gauge
The relationship between short- and longer-term moving averages has strong predictive power for share price returns
![Street signs](https://anderson-review.ucla.edu/wp-content/uploads/2020/07/AR-real-rates-hero-760x570.jpg)
Are Interest Rates Really So Low?
Adjusting for inflation — and, crucially, for taxes — shows bond investors fare better than they might think
![Illustration balance of risk and reward on a scale](https://anderson-review.ucla.edu/wp-content/uploads/2020/01/AR-leverage-companies-banner-FW-760x570.jpg)
The Strange Case of the Missing Stock Market Return
Investors in leveraged companies take on extra risk, but research indicates they see no offsetting return