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

7 Articles

When Exchange Rates Move, U.S. Companies Feel It — Even More Than Previously Thought
Firm-specific export data enables researchers to potentially solve a puzzle in economics

46 Possible Stock Market Strategies from Academics Get a Retest
We won’t call it debunking, but not all investing tips hold up

Puncturing the Small-Investors-are-Bad-Investors Narrative
Individuals using the Robinhood trading app appear to beat the market

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

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

Are Interest Rates Really So Low?
Adjusting for inflation — and, crucially, for taxes — shows bond investors fare better than they might think

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