David Koslowsky

Is U.S. CEO Equity and Cash Compensation Aligned with Agency Theory to Maximize Shareholder Returns?

Gurupdesh S. Pandher, David Koslowsky, Yosef Bonaparte

Recent international studies on CEO pay in Europe, Japan, and South Korea reveal significant differences from the U.S. in the use and effectiveness of equity-based CEO compensation, raising questions about the ability of conventional contracts based on agency theory to align with …

ca, us (code pays fourni par la source)

How Do Entrepreneurs Hedge?

Yosef Bonaparte, Frank J. Fabozzi, David Koslowsky

The article provides an in-depth analysis of how entrepreneurs strategically construct their investment portfolios to hedge against risks associated with their business ventures. It delves into the different types of investment assets, both risky and riskless, that entrepreneurs incorporate into their portfolios. …

us (code pays fourni par la source)

The gender wage gap and its effect on women’s entrepreneurship

Yosef Bonaparte, Frank J. Fabozzi, David Koslowsky, Madhavan Parthasarathy

We demonstrate an inverse relationship between women’s financial equality status with men (as proxied by gender wage gap), and women’s entrepreneurship participation at the U.S. state level. Gender wage gap affects women’s opportunity cost of the entrepreneurship decision. In states where women’s …

us, fr (code pays fourni par la source)

Understanding Oil Price Movement: Short versus Long Run Using the Leapfrog Model

Yosef Bonaparte, Frank J. Fabozzi, David Koslowsky

This article studies oil price movement accounting for the time horizon of the pricing model. Historical data demonstrate that the price of oil jumps from one state (condition) to another, remains stable for some time, and then jumps again to a new …

us, fr (code pays fourni par la source)

Political heterogeneity, subjective optimism, and stock market outcomes

Yosef Bonaparte, Rohan Christie‐David, David Koslowsky

We demonstrate that political heterogeneity, proxied by the spread in subjective optimism between Democratic and Republican investors, affects stock market returns and volatility. Our intuition, drawn from the psychology literature on intergroup conflict, leads us to infer that increased political heterogeneity causes …

us (code pays fourni par la source)

A model of information diffusion with asymmetry and confidence effects in financial markets

Haijun Yang, Qi Shu, Zhou Zhang, David Koslowsky

cn, ca, us (code pays fourni par la source)

Information search methods and financial decisions

Yosef Bonaparte, Frank J. Fabozzi, David Koslowsky

Abstract We investigate whether financial decisions by households are influenced by information search method. The analysis examines Survey of Consumer Finances (SCF) data containing more than 20 information search methods used by households for saving and investment decisions. We classify investors into …

us, fr (code pays fourni par la source)

Practical Applications of Can Commodity Price Uncertainty Indexes Be Improved by Capturing Media Information? The Case of Oil Price Uncertainty

Yosef Bonaparte, Frank J. Fabozzi, David Koslowsky

Practical Applications In Can Commodity Price Uncertainty Indexes Be Improved by Capturing Media Information? The Case of Oil Price Uncertainty from the Spring 2020 issue of The Journal of Alternative Investments, authors Yosef Bonaparte (of the J.P. Morgan Center for Commodities at …

Can Commodity Price Uncertainty Indexes Be Improved by Capturing Media Information? The Case of Oil Price Uncertainty

Yosef Bonaparte, Frank J. Fabozzi, David Koslowsky

Uncertainty indexes are used in economics to assess the uncertainty regarding economic policy, and in finance to quantify the uncertainty associated with the price volatility of financial instruments and commodities. Existing uncertainty indexes are typically constructed using realized (historical) price volatility, implied …

us, fr (code pays fourni par la source)

Birth order and portfolio choice

Yosef Bonaparte, Frank J. Fabozzi, David Koslowsky

This paper examines the impact of birth order on financial decision-making. In lieu of explanations such as dissimilar parental style across children with different birth orders (due to learning and experience) or the existence of sibling externalities commonly offered in the literature …

us, fr (code pays fourni par la source)

Optimal Capital Structure

David Koslowsky

ca (code pays fourni par la source)

Optimal Capital Structure

David Koslowsky

ca (code pays fourni par la source)