Network Centrality and the Cross Section of Stock Returns
By Kenneth R. Ahern. 2013
130 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/9bf41d96f4b916fb015ab3ee4bceb152f460fe0f
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Citations in the corpus
- Networks in Production: Asset Pricing Implications (2017, unknown): “Using input-output data, Ahern (2012) shows that industries occupying a more central position in the network earn higher returns on average. Centrality of a particular industry (2)There are several recent papers on networks and finance. The main contributions include Hou and Robinson (2006), Cohen, ”
- Trade Network Centrality and Currency Risk Premia (2019, background): “The 2As an implication of Acemoglu et al. (2012), Ahern (2012) shows that firms which are in central industries earn higher equity returns because they are more exposed to market risk.”