Kent D. Daniel
Graduate School of Business
3022 Broadway, Uris Hall 421
New York, NY 10027
NBER Program Affiliations:
NBER Affiliation: Research Associate
Institutional Affiliation: Columbia University
NBER Working Papers and Publications
|December 2018||Monetary Policy and Reaching for Income|
with Lorenzo Garlappi, Kairong Xiao: w25344
|Overconfidence, Information Diffusion, and Mispricing Persistence|
with Alexander Klos, Simon Rottke: w25346
|January 2018||Liquidity Regimes and Optimal Dynamic Asset Allocation|
with Pierre Collin-Dufresne, Mehmet Saǧlam: w24222
Published: Pierre Collin-Dufresne & Kent Daniel & Mehmet Sağlam, 2019. "Liquidity regimes and optimal dynamic asset allocation," Journal of Financial Economics, .
|December 2017||Short- and Long-Horizon Behavioral Factors|
with David Hirshleifer, Lin Sun: w24163
|The Cross-Section of Risk and Return|
with Lira Mota, Simon Rottke, Tano Santos: w24164
Published: Kent Daniel & Lira Mota & Simon Rottke & Tano Santos & Andrew Karolyi, 2020. "The Cross-Section of Risk and Returns," The Review of Financial Studies, vol 33(5), pages 1927-1979.
|November 2016||Applying Asset Pricing Theory to Calibrate the Price of Climate Risk|
with Robert B. Litterman, Gernot Wagner: w22795
Published: Daniel, Kent D., Robert B. Litterman, and Gernot Wagner. "Declining CO2 price paths," PNAS (1 October 2019). doi: 10.1073/pnas.1905755116.
|January 2016||Overconfident Investors, Predictable Returns, and Excessive Trading|
with David Hirshleifer: w21945
Published: Kent Daniel & David Hirshleifer, 2015. "Overconfident Investors, Predictable Returns, and Excessive Trading," Journal of Economic Perspectives, American Economic Association, vol. 29(4), pages 61-88, Fall. citation courtesy of
|August 2014||The Carry Trade: Risks and Drawdowns|
with Robert J. Hodrick, Zhongjin Lu: w20433
Published: Kent Daniel & Robert J. Hodrick & Zhongjin Lu, 2017. "The Carry Trade: Risks and Drawdowns," Critical Finance Review, vol 6(2), pages 211-262. citation courtesy of
with Tobias J. Moskowitz: w20439
Published: Kent Daniel & Tobias J. Moskowitz, 2016. "Momentum crashes," Journal of Financial Economics, vol 122(2), pages 221-247.
|June 2012||Tail Risk in Momentum Strategy Returns|
with Ravi Jagannathan, Soohun Kim: w18169
|June 2003||Market Reactions to Tangible and Intangible Information|
with Sheridan Titman: w9743
Published: Kent Daniel & Sheridan Titman, 2006. "Market Reactions to Tangible and Intangible Information," Journal of Finance, American Finance Association, vol. 61(4), pages 1605-1643, 08. citation courtesy of
|March 2000||Covariance Risk, Mispricing, and the Cross Section of Security Returns|
with David Hirshleifer, Avanidhar Subrahmanyam: w7615
Published: Overconfidence, Arbitrage, and Equilibrium Asset Pricing. Kent Daniel, David Hirshleifer and Avanidhar Subrahmanyam, Journal of Finance, 56(3), June, (2001):921-965.
|January 2000||Market Efficiency in an Irrational World|
with Sheridan Titman: w7489
Published: Kent Daniel & Sheridan Titman, 1999. "Market Efficiency in an Irrational World," Financial Analysts Journal, vol 55(6), pages 28-40.
|July 1999||Explaining the Cross-Section of Stock Returns in Japan: Factors or Characteristics?|
with Sheridan Titman, K.C. John Wei: w7246
Published: Daniel, Kent, Sheridan Titman and K. C. John Wei. "Explaining The Cross-Section Of Stock Returns In Japan: Factors Or Characteristics?," Journal of Finance, 2001, v56(2,Apr), 743-766.
|June 1996||Evidence on the Characteristics of Cross Sectional Variation in Stock Returns|
with Sheridan Titman: w5604
Published: Journal of Finance, March 1997. citation courtesy of