Jay Shanken
Personal Details
First Name: | Jay |
Middle Name: | |
Last Name: | Shanken |
Suffix: | |
RePEc Short-ID: | psh114 |
| |
https://www.goizueta.emory.edu/faculty/JayShanken/ | |
Terminal Degree: | 1983 Department of Economics; Tepper School of Business Administration; Carnegie Mellon University (from RePEc Genealogy) |
Affiliation
(50%) National Bureau of Economic Research (NBER)
Cambridge, Massachusetts (United States)https://www.nber.org/
RePEc:edi:nberrus (more details at EDIRC)
(50%) Goizueta Business School
Emory University
Atlanta, Georgia (United States)https://goizueta.emory.edu/
RePEc:edi:bsemous (more details at EDIRC)
Research output
Jump to: Working papers ArticlesWorking papers
- Francisco Barillas & Jay Shanken, 2015.
"Which Alpha?,"
NBER Working Papers
21698, National Bureau of Economic Research, Inc.
- Francisco Barillas & Jay Shanken, 2017. "Which Alpha?," The Review of Financial Studies, Society for Financial Studies, vol. 30(4), pages 1316-1338.
- Francisco Barillas & Jay Shanken, 2015.
"Comparing Asset Pricing Models,"
NBER Working Papers
21771, National Bureau of Economic Research, Inc.
- Francisco Barillas & Jay Shanken, 2018. "Comparing Asset Pricing Models," Journal of Finance, American Finance Association, vol. 73(2), pages 715-754, April.
- Raymond Kan & Cesare Robotti & Jay Shanken, 2009.
"Pricing model performance and the two-pass cross-sectional regression methodology,"
FRB Atlanta Working Paper
2009-11, Federal Reserve Bank of Atlanta.
- Raymond Kan & Cesare Robotti & Jay Shanken, 2013. "Pricing Model Performance and the Two‐Pass Cross‐Sectional Regression Methodology," Journal of Finance, American Finance Association, vol. 68(6), pages 2617-2649, December.
- Raymond Kan & Cesare Robotti & Jay Shanken, 2009. "Pricing Model Performance and the Two-Pass Cross-Sectional Regression Methodology," NBER Working Papers 15047, National Bureau of Economic Research, Inc.
- Jay Shanken & Guofu Zhou, 2006.
"Estimating and Testing Beta Pricing Models: Alternative Methods and their Performance in Simulations,"
NBER Working Papers
12055, National Bureau of Economic Research, Inc.
- Shanken, Jay & Zhou, Guofu, 2007. "Estimating and testing beta pricing models: Alternative methods and their performance in simulations," Journal of Financial Economics, Elsevier, vol. 84(1), pages 40-86, April.
- Jay Shanken & Guofu Zhou, 2007. "Estimating and testing beta pricing models: Alternative methods and their performance in simulations," CEMA Working Papers 275, China Economics and Management Academy, Central University of Finance and Economics.
- Jonathan Lewellen & Stefan Nagel & Jay Shanken, 2006.
"A Skeptical Appraisal of Asset-Pricing Tests,"
NBER Working Papers
12360, National Bureau of Economic Research, Inc.
- Lewellen, Jonathan & Nagel, Stefan & Shanken, Jay, 2010. "A skeptical appraisal of asset pricing tests," Journal of Financial Economics, Elsevier, vol. 96(2), pages 175-194, May.
- Christopher S. Jones & Jay Shanken, 2002.
"Mutual Fund Performance with Learning Across Funds,"
NBER Working Papers
9392, National Bureau of Economic Research, Inc.
- Jones, Christopher S. & Shanken, Jay, 2005. "Mutual fund performance with learning across funds," Journal of Financial Economics, Elsevier, vol. 78(3), pages 507-552, December.
- Jay Shanken & Ane Tamayo, 2001. "Risk, Mispricing, and Asset Allocation: Conditioning on Dividend Yield," NBER Working Papers 8666, National Bureau of Economic Research, Inc.
- Jonathan Lewellen & Jay Shanken, 2000. "Estimation Risk, Market Efficiency, and the Predictability of Returns," NBER Working Papers 7699, National Bureau of Economic Research, Inc.
- Shanken, J. & Weinstein, M.I., 1990. "Macroeconomics Variables and Asset Pricing : Further Results," Papers 91-05, Rochester, Business - Managerial Economics Research Center.
Articles
- Barillas, Francisco & Kan, Raymond & Robotti, Cesare & Shanken, Jay, 2020. "Model Comparison with Sharpe Ratios," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 55(6), pages 1840-1874, September.
- Francisco Barillas & Jay Shanken, 2018.
"Comparing Asset Pricing Models,"
Journal of Finance, American Finance Association, vol. 73(2), pages 715-754, April.
- Francisco Barillas & Jay Shanken, 2015. "Comparing Asset Pricing Models," NBER Working Papers 21771, National Bureau of Economic Research, Inc.
- Francisco Barillas & Jay Shanken, 2017.
"Which Alpha?,"
The Review of Financial Studies, Society for Financial Studies, vol. 30(4), pages 1316-1338.
- Francisco Barillas & Jay Shanken, 2015. "Which Alpha?," NBER Working Papers 21698, National Bureau of Economic Research, Inc.
- Raymond Kan & Cesare Robotti & Jay Shanken, 2013.
"Pricing Model Performance and the Two‐Pass Cross‐Sectional Regression Methodology,"
Journal of Finance, American Finance Association, vol. 68(6), pages 2617-2649, December.
- Raymond Kan & Cesare Robotti & Jay Shanken, 2009. "Pricing model performance and the two-pass cross-sectional regression methodology," FRB Atlanta Working Paper 2009-11, Federal Reserve Bank of Atlanta.
- Raymond Kan & Cesare Robotti & Jay Shanken, 2009. "Pricing Model Performance and the Two-Pass Cross-Sectional Regression Methodology," NBER Working Papers 15047, National Bureau of Economic Research, Inc.
- Shanken, Jay & Tamayo, Ane, 2012. "Payout yield, risk, and mispricing: A Bayesian analysis," Journal of Financial Economics, Elsevier, vol. 105(1), pages 131-152.
- Lewellen, Jonathan & Nagel, Stefan & Shanken, Jay, 2010.
"A skeptical appraisal of asset pricing tests,"
Journal of Financial Economics, Elsevier, vol. 96(2), pages 175-194, May.
- Jonathan Lewellen & Stefan Nagel & Jay Shanken, 2006. "A Skeptical Appraisal of Asset-Pricing Tests," NBER Working Papers 12360, National Bureau of Economic Research, Inc.
- Shanken, Jay & Zhou, Guofu, 2007.
"Estimating and testing beta pricing models: Alternative methods and their performance in simulations,"
Journal of Financial Economics, Elsevier, vol. 84(1), pages 40-86, April.
- Jay Shanken & Guofu Zhou, 2007. "Estimating and testing beta pricing models: Alternative methods and their performance in simulations," CEMA Working Papers 275, China Economics and Management Academy, Central University of Finance and Economics.
- Jay Shanken & Guofu Zhou, 2006. "Estimating and Testing Beta Pricing Models: Alternative Methods and their Performance in Simulations," NBER Working Papers 12055, National Bureau of Economic Research, Inc.
- Shanken, Jay & Weinstein, Mark I., 2006. "Economic forces and the stock market revisited," Journal of Empirical Finance, Elsevier, vol. 13(2), pages 129-144, March.
- Jones, Christopher S. & Shanken, Jay, 2005.
"Mutual fund performance with learning across funds,"
Journal of Financial Economics, Elsevier, vol. 78(3), pages 507-552, December.
- Christopher S. Jones & Jay Shanken, 2002. "Mutual Fund Performance with Learning Across Funds," NBER Working Papers 9392, National Bureau of Economic Research, Inc.
- Kothari, S. P. & Shanken, Jay, 2003. "Time-series coefficient variation in value-relevance regressions: a discussion of Core, Guay, and Van Buskirk and new evidence," Journal of Accounting and Economics, Elsevier, vol. 34(1-3), pages 69-87, January.
- Kothari, S. P. & Shanken, Jay, 1997. "Book-to-market, dividend yield, and expected market returns: A time-series analysis," Journal of Financial Economics, Elsevier, vol. 44(2), pages 169-203, May.
- S. P. Kothari & Jay Shanken, 1995. "In Defense Of Beta," Journal of Applied Corporate Finance, Morgan Stanley, vol. 8(1), pages 53-59, March.
- Kothari, S P & Shanken, Jay & Sloan, Richard G, 1995. "Another Look at the Cross-Section of Expected Stock Returns," Journal of Finance, American Finance Association, vol. 50(1), pages 185-224, March.
- Ball, Ray & Kothari, S. P. & Shanken, Jay, 1995. "Problems in measuring portfolio performance An application to contrarian investment strategies," Journal of Financial Economics, Elsevier, vol. 38(1), pages 79-107, May.
- Collins, Daniel W. & Kothari, S. P. & Shanken, Jay & Sloan, Richard G., 1994. "Lack of timeliness and noise as explanations for the low contemporaneuos return-earnings association," Journal of Accounting and Economics, Elsevier, vol. 18(3), pages 289-324, November.
- S. P. Kothari & Jay Shanken, 1993. "Fundamentals Largely Explain Stock Price Volatility," Journal of Applied Corporate Finance, Morgan Stanley, vol. 6(2), pages 81-87, June.
- Shanken, Jay, 1992. "The Current State of the Arbitrage Pricing Theory," Journal of Finance, American Finance Association, vol. 47(4), pages 1569-1574, September.
- Kothari, S. P. & Shanken, Jay, 1992. "Stock return variation and expected dividends : A time-series and cross-sectional analysis," Journal of Financial Economics, Elsevier, vol. 31(2), pages 177-210, April.
- Shanken, Jay, 1992. "On the Estimation of Beta-Pricing Models," The Review of Financial Studies, Society for Financial Studies, vol. 5(1), pages 1-33.
- Shanken, Jay, 1990. "Intertemporal asset pricing : An Empirical Investigation," Journal of Econometrics, Elsevier, vol. 45(1-2), pages 99-120.
- Gibbons, Michael R & Ross, Stephen A & Shanken, Jay, 1989. "A Test of the Efficiency of a Given Portfolio," Econometrica, Econometric Society, vol. 57(5), pages 1121-1152, September.
- Shanken, Jay, 1987. "Nonsynchronous Data and the Covariance-Factor Structure of Returns," Journal of Finance, American Finance Association, vol. 42(2), pages 221-231, June.
- Gibbons, Michael R. & Shanken, Jay, 1987. "Subperiod aggregation and the power of multivariate tests of portfolio efficiency," Journal of Financial Economics, Elsevier, vol. 19(2), pages 389-394, December.
- Shanken, Jay, 1987. "Multivariate proxies and asset pricing relations : Living with the Roll critique," Journal of Financial Economics, Elsevier, vol. 18(1), pages 91-110, March.
- Shanken, Jay, 1987. "A Bayesian approach to testing portfolio efficiency," Journal of Financial Economics, Elsevier, vol. 19(2), pages 195-215, December.
- Shanken, Jay, 1986. "On Exclusion of Assets from Tests of the Mean Variance Efficiency of the Market Portfolio: An Extension," Journal of Finance, American Finance Association, vol. 41(2), pages 331-337, June.
- Shanken, Jay, 1986. "Testing Portfolio Efficiency When the Zero-Beta Rate Is Unknown: A Note," Journal of Finance, American Finance Association, vol. 41(1), pages 269-276, March.
- Shanken, Jay, 1985. "Multivariate tests of the zero-beta CAPM," Journal of Financial Economics, Elsevier, vol. 14(3), pages 327-348, September.
- Shanken, Jay, 1985. "Multi-Beta CAPM or Equilibrium-APT? A Reply [An Empirical Investigation of the Arbitrage Pricing Theory] [The Arbitrage Pricing Theory: Is It Testable?]," Journal of Finance, American Finance Association, vol. 40(4), pages 1189-1196, September.
- Shanken, Jay, 1982. "The Arbitrage Pricing Theory: Is It Testable?," Journal of Finance, American Finance Association, vol. 37(5), pages 1129-1140, December.
More information
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Co-authorship network on CollEc
NEP Fields
NEP is an announcement service for new working papers, with a weekly report in each of many fields. This author has had 8 papers announced in NEP. These are the fields, ordered by number of announcements, along with their dates. If the author is listed in the directory of specialists for this field, a link is also provided.- NEP-ECM: Econometrics (4) 2006-02-26 2006-07-28 2009-06-17 2015-12-28
- NEP-FMK: Financial Markets (4) 2000-05-16 2001-12-19 2006-07-28 2015-12-28
- NEP-FIN: Finance (3) 2000-05-16 2006-02-26 2006-07-28
- NEP-CFN: Corporate Finance (2) 2002-12-17 2006-07-28
- NEP-ORE: Operations Research (1) 2015-12-28
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