Details about Harrison Hong

Access statistics for papers by Harrison Hong.

Last updated 2023-01-31. Update your information in the RePEc Author Service.

Short-id: pho390

Working Papers

2023

1. The Cost of Climate Policy to Capital: Evidence from Renewable Portfolio Standards
   NBER Working Papers, National Bureau of Economic Research, Inc

2022

2. Are E-Bike Subsidies Cost Effective in Mitigating Carbon Emissions?
   NBER Working Papers, National Bureau of Economic Research, Inc
3. Corporate Social Responsibility
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

2021

4. Sorting Out the Real Effects of Credit Supply
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
5. Welfare Consequences of Sustainable Finance
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)

2020

6. A Sticky-Price View of Hoarding
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
7. Implications of Stochastic Transmission Rates for Managing Pandemic Risks
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
8. Mitigating Disaster Risks in the Age of Climate Change
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
9. Pandemics, Vaccines and an Earnings Damage Function
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)

2018

10. Effects of Credit Expansions on Stock Market Booms and Busts
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
11. Selection versus Talent Effects on Firm Value
    NBER Working Papers, National Bureau of Economic Research, Inc

2017

12. Assignment of Stock Market Coverage
    NBER Working Papers, National Bureau of Economic Research, Inc
13. Location Choice, Portfolio Choice
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)

2016

14. Climate Risks and Market Efficiency
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)

2015

15. Crime, Punishment and the Halo Effect of Corporate Social Responsibility
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (59)
16. Days to Cover and Stock Returns
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
17. Hoard Behavior and Commodity Bubbles
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)

2014

18. When Real Estate is the Only Game in Town
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)

2013

19. Do Managers Do Good with Other People's Money?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (60)
20. Regression Discontinuity and the Price Effects of Stock Market Indexing
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (43)

2012

21. Financial Constraints on Corporate Goodness
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (158)
22. Quiet Bubbles
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
23. Speculative Betas
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)

2011

24. What Does Futures Market Interest Tell Us about the Macroeconomy and Asset Prices?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
    See also Journal Article What does futures market interest tell us about the macroeconomy and asset prices?, Journal of Financial Economics, Elsevier (2012) View citations (249) (2012)

2010

25. Yesterday's Heroes: Compensation and Creative Risk-Taking
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (66)

2008

26. Do Hedge Funds Profit From Mutual-Fund Distress?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (44)
27. The Only Game in Town: Stock-Price Consequences of Local Bias
    Scholarly Articles, Harvard University Department of Economics View citations (74)
    Also in Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (2005) View citations (4)
    NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (3)
    See also Journal Article The only game in town: Stock-price consequences of local bias, Journal of Financial Economics, Elsevier (2008) View citations (75) (2008)

2007

28. Advisors and Asset Prices: A Model of the Origins of Bubbles
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    See also Journal Article Advisors and asset prices: A model of the origins of bubbles, Journal of Financial Economics, Elsevier (2008) View citations (50) (2008)
29. Disagreement and the Stock Market
    Scholarly Articles, Harvard University Department of Economics View citations (318)
    See also Journal Article Disagreement and the Stock Market, Journal of Economic Perspectives, American Economic Association (2007) View citations (327) (2007)

2005

30. Asset Float and Speculative Bubbles
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (27)

2003

31. Simple Forecasts and Paradigm Shifts
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (15)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (9)
32. The Neighbor's Portfolio: Word-of-Mouth Effects in the Holdings and Trade of Money Managers
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    Also in Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (2003) View citations (31)

2002

33. Do Industries Lead the Stock Market? Gradual Diffusion of Information and Cross-Asset Return Predictability
    University of California at Los Angeles, Anderson Graduate School of Management, Anderson Graduate School of Management, UCLA View citations (20)

2001

34. Breadth of Ownership and Stock Returns
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
    See also Journal Article Breadth of ownership and stock returns, Journal of Financial Economics, Elsevier (2002) View citations (398) (2002)
35. Social Interaction and Stock-Market Participation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (98)
36. Strategic Trading and Learning about Liquidity
    Discussion Papers in Economics, University of Munich, Department of Economics
    Also in Econometric Society World Congress 2000 Contributed Papers, Econometric Society (2000)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2000)
    FMG Discussion Papers, Financial Markets Group (2000)
    See also Journal Article Strategic trading and learning about liquidity, Journal of Financial Markets, Elsevier (2002) View citations (6) (2002)

2000

37. Forecasting Crashes: Trading Volume, Past Returns and Conditional Skewness in Stock Prices
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (30)
    See also Journal Article Forecasting crashes: trading volume, past returns, and conditional skewness in stock prices, Journal of Financial Economics, Elsevier (2001) View citations (641) (2001)

1999

38. Differences of Opinion, Rational Arbitrage and Market Crashes
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)

1998

39. Bad News Travels Slowly: Size, Analyst Coverage and the Profitability of Momentum Strategies
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (59)

1997

40. A Unified Theory of Underreaction, Momentum Trading and Overreaction in Asset Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (134)

Journal Articles

2012

1. Do arbitrageurs amplify economic shocks?
   Journal of Financial Economics, 2012, 103, (3), 454-470 View citations (34)
2. What does futures market interest tell us about the macroeconomy and asset prices?
   Journal of Financial Economics, 2012, 105, (3), 473-490 View citations (249)
   See also Working Paper What Does Futures Market Interest Tell Us about the Macroeconomy and Asset Prices?, NBER Working Papers (2011) View citations (9) (2011)

2009

3. Gone fishin': Seasonality in trading activity and asset prices
   Journal of Financial Markets, 2009, 12, (4), 672-702 View citations (65)
4. The price of sin: The effects of social norms on markets
   Journal of Financial Economics, 2009, 93, (1), 15-36 View citations (838)

2008

5. Advisors and asset prices: A model of the origins of bubbles
   Journal of Financial Economics, 2008, 89, (2), 268-287 View citations (50)
   See also Working Paper Advisors and Asset Prices: A Model of the Origins of Bubbles, NBER Working Papers (2007) View citations (2) (2007)
6. Firms as buyers of last resort
   Journal of Financial Economics, 2008, 88, (1), 119-145 View citations (23)
7. The only game in town: Stock-price consequences of local bias
   Journal of Financial Economics, 2008, 90, (1), 20-37 View citations (75)
   See also Working Paper The Only Game in Town: Stock-Price Consequences of Local Bias, Scholarly Articles (2008) View citations (74) (2008)

2007

8. Disagreement and the Stock Market
   Journal of Economic Perspectives, 2007, 21, (2), 109-128 View citations (327)
   See also Working Paper Disagreement and the Stock Market, Scholarly Articles (2007) View citations (318) (2007)
9. Do industries lead stock markets?
   Journal of Financial Economics, 2007, 83, (2), 367-396 View citations (301)

2005

10. Talking up liquidity: insider trading and investor relations
    Journal of Financial Intermediation, 2005, 14, (1), 1-31 View citations (23)

2004

11. Does Fund Size Erode Mutual Fund Performance? The Role of Liquidity and Organization
    American Economic Review, 2004, 94, (5), 1276-1302 View citations (470)

2003

12. Differences of Opinion, Short-Sales Constraints, and Market Crashes
    The Review of Financial Studies, 2003, 16, (2), 487-525 View citations (404)

2002

13. Breadth of ownership and stock returns
    Journal of Financial Economics, 2002, 66, (2-3), 171-205 View citations (398)
    See also Working Paper Breadth of Ownership and Stock Returns, NBER Working Papers (2001) View citations (14) (2001)
14. Discussion of "Momentum and Autocorrelation in Stock Returns"
    The Review of Financial Studies, 2002, 15, (2), 565-574 View citations (12)
15. Strategic trading and learning about liquidity
    Journal of Financial Markets, 2002, 5, (4), 419-450 View citations (6)
    See also Working Paper Strategic Trading and Learning about Liquidity, Discussion Papers in Economics (2001) (2001)

2001

16. Forecasting crashes: trading volume, past returns, and conditional skewness in stock prices
    Journal of Financial Economics, 2001, 61, (3), 345-381 View citations (641)
    See also Working Paper Forecasting Crashes: Trading Volume, Past Returns and Conditional Skewness in Stock Prices, NBER Working Papers (2000) View citations (30) (2000)

2000

17. Security Analysts' Career Concerns and Herding of Earnings Forecasts
    RAND Journal of Economics, 2000, 31, (1), 121-144 View citations (337)

Chapters

2010

1. Market Institutions, Financial Market Risks, and the Financial Crisis
   A chapter in Market Institutions and Financial Market Risk, 2010 View citations (39)