Joel Peress - Faculty Profile | INSEAD

Joel Peress

Finance

Joel Peress

Professor of Finance

The Claude Janssen Chaired Professor of Business Administration

Contact

Email: [email protected]
Phone: +33 1 60 72 40 35
Campus: Fontainebleau

Research Areas

The generation and diffusion of information in financial markets, with applications to asset pricing, portfolio theory, mass media and economic growth

Teaching Areas

Derivatives, Applied Corporate Finance, Risk Management, Foundations of Financial Economics

Biography

Joël Peress is a Professor of Finance and the Claude Janssen Chaired Professor of Business Administration. He joined INSEAD in 2001, after graduating from the Ecole Polytechnique in France and obtaining a PhD in Economics from the University of Chicago.

At INSEAD, Joël teaches in the MBA, PhD and various Executive Education programmes. His research interests revolve around the generation and diffusion of information in financial markets, with applications to asset pricing, portfolio theory, the mass media, and economic growth. His work have been published in various journals including The Journal of Finance, The Review of Financial Studies, The Journal of Portfolio Management, and The Journal of Economic Theory. He was twice awarded the Smith Breeden Prize for the best paper published in The Journal of Finance.

Publications

Goldman J., Peress J. (2023). Firm R&D and Financial Analysis: How Do They Interact?. Journal of Financial Intermediation, 53

Evgeniou T., Peress J., Vermaelen T., Yue L. (2022). Network Centrality and Managerial Market Timing Ability. Journal of Financial and Quantitative Analysis, 57(2)

Peress J., Schmidt D. (2021). Noise Traders Incarnate: Describing a Realistic Noise Trading Process. Journal of Financial Markets, 54

Peress J., Schmidt D. (2020). Glued to the TV: Distracted Noise Traders and Stock Market Liquidity. Journal of Finance, 75(2)

Fang L., Peress J., Zheng L. (2014). Does Media Coverage of Stocks Affect Mutual Funds’ Trading and Performance?. Review of Financial Studies, 27(12)

Peress J. (2014). Learning from Stock Prices and Economic Growth. Review of Financial Studies, 27(10)

Peress J. (2014). The Media and the Diffusion of Information in Financial Markets: Evidence from Newspaper Strikes. Journal of Finance, 69(5)

Hau H., Peress J., Massa M. (2010). Do Demand Curves for Currencies Slope Down? Evidence from the MSCI Global Index Change. Review of Financial Studies, 23(4)

Peress J. (2010). Product Market Competition, Insider Trading and Stock Market Efficiency. Journal of Finance, 65(1)

Peress J. (2010). The Tradeoff Between Risk Sharing and Information Production in Financial Markets. Journal of Economic Theory, 145(1)

Fang L., Peress J. (2009). Media Coverage and the Cross-section of Stock Returns. Journal of Finance, 64(5)

Peress J. (2005). Information versus Entry Costs: What Explains U.S. Stock Market Evolution? . Journal of Financial and Quantitative Analysis, 40(3)

Peress J. (2004). Wealth, Information Acquisition and Portfolio Choice. Review of Financial Studies, 17(3)

Peress J., Baz J., Breedon F., Naik V. (2001). Optimal Portfolios of Foreign Currencies. Journal of Portfolio Management, 28(1)

Peress J., Naik V., Baz J., Breeden F. (2001). Optimal currency portfolios: Trading on the Forward Bias. Journal of Portfolio Management

Cases with Extra

Big Game: Goldman Sachs' Elephant Hunt in Libya

Personal Website

personal website

Our website has a lot of features which will not display correctly without Javascript.

Please enable Javascript in your browser

Here how you can do it: http://enable-javascript.com