Author Archives: Natee Amornsiripanitch

The Age Gap in Mortgage Access

By | January 26, 2023
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The views expressed in this blog post and the associated paper are solely those of the author and do not necessarily reflect the views of the Federal Reserve Bank of Philadelphia, the Federal Reserve Board, or the Federal Reserve System. Any errors or omissions are the responsibility of the author. No statements here should be… Read More »

Does Investor Inattention Distort Firms’ Capital Allocation Decisions?

By | December 8, 2021
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There is ample evidence that some investors are inattentive and cause stock prices to fluctuate in ways that disagree with the rational framework. However, a less studied question in the behavioral finance literature is how firm managers respond to fluctuations in stock prices that stem from such irrational trading behaviors. In our recent paper, we exploit a… Read More »