All Outputs (6)

The Memory in Return Volatility: An Analysis of Mutual Fund Returns (2024)
Journal Article
Yao, K., Duan, K., Huang, R., & Chevapatrakul, T. (2024). The Memory in Return Volatility: An Analysis of Mutual Fund Returns. International Journal of Finance and Economics, https://doi.org/10.1002/ijfe.3050

This paper examines long memory in the return volatility in the cross-section of U.S. mutual funds. Our results provide evidence of this phenomenon. Through univariate analysis, we find that the long memory in mutual fund return volatility is more pr... Read More about The Memory in Return Volatility: An Analysis of Mutual Fund Returns.

Reduced disclosure and default risk: analysis of smaller reporting companies (2024)
Journal Article
Yin, S., Yao, K., Chevapatrakul, T., & Huang, R. (2024). Reduced disclosure and default risk: analysis of smaller reporting companies. Review of Quantitative Finance and Accounting, 63, 355-395. https://doi.org/10.1007/s11156-024-01262-8

We examine the causal effect of reduced disclosure levels on the risk of default. Employing regression discontinuity (RD) design as our main identification strategy and the smaller reporting company rule (SRC rule) as the exogenous source of variatio... Read More about Reduced disclosure and default risk: analysis of smaller reporting companies.

Author Correction: Single-atom Cu anchored catalysts for photocatalytic renewable H2 production with a quantum efficiency of 56% (2022)
Journal Article
Zhang, Y., Zhao, J., Wang, H., Xiao, B., Zhang, W., Zhao, X., Lv, T., Thangamuthu, M., Zhang, J., Guo, Y., Ma, J., Lin, L., Tang, J., Huang, R., & Liu, Q. (2022). Author Correction: Single-atom Cu anchored catalysts for photocatalytic renewable H2 production with a quantum efficiency of 56%. Nature Communications, 13, Article 2062. https://doi.org/10.1038/s41467-022-29799-z

Correction to: Nature Communications https://doi.org/10.1038/s41467-021-27698-3, published online 10 January 2022.

In Supplementary Fig. 28b in the Supplementary PDF for this article, the figure panel incorrectly read ‘345 mW/cm2’ but should have... Read More about Author Correction: Single-atom Cu anchored catalysts for photocatalytic renewable H2 production with a quantum efficiency of 56%.

Are macroeconomic forecasters optimists or pessimists? A reassessment of survey based forecasts (2022)
Journal Article
Huang, R., Pilbeam, K., & Pouliot, W. (2022). Are macroeconomic forecasters optimists or pessimists? A reassessment of survey based forecasts. Journal of Economic Behavior and Organization, 197, 706-724. https://doi.org/10.1016/j.jebo.2022.03.012

We examine the issue of macroeconomic uncertainty in the Eurozone Area using forecasts from the European Central Bank’s Survey of Professional Forecasters from the inception of the Euro in 1999Q1 to 2020Q2. We provide new insights concerning the opti... Read More about Are macroeconomic forecasters optimists or pessimists? A reassessment of survey based forecasts.

A reappraisal of luck versus skill in the cross-section of mutual fund returns (2020)
Journal Article
Huang, R., Asteriou, D., & Pouliot, W. (2020). A reappraisal of luck versus skill in the cross-section of mutual fund returns. Journal of Economic Behavior and Organization, 176, 166-187. https://doi.org/10.1016/j.jebo.2020.03.032

© 2020 Elsevier B.V. The first contribution we make to research on measuring U.S. mutual fund performance is to show that the cross-section bootstrap procedure used in one prominent publication on this topic can easily accommodate conditional asset p... Read More about A reappraisal of luck versus skill in the cross-section of mutual fund returns.

Do actively managed US mutual funds produce positive alpha? (2019)
Journal Article
Huang, R., Pilbeam, K., & Pouliot, W. (2021). Do actively managed US mutual funds produce positive alpha?. Journal of Economic Behavior and Organization, 182, 472-492. https://doi.org/10.1016/j.jebo.2019.03.006

Using more general forms of equilibrium asset pricing models, we reexamine the recent literature on actively managed US Mutual Fund performance over the period 1984-2015. Using the false discovery technique, we show that the existing literature which... Read More about Do actively managed US mutual funds produce positive alpha?.