Associate Professor Paolo Sodini wins CFR Best paper award 2015

May. 25, 2015

Paolo Sodini together with co-authors Sebastien Betermier and Laurent Calvet were awarded CFR Best paper award at the 14th Colloquium on Financial Markets for their paper ”Who are the Value and Growth Investors?”

The paper investigates determinants of value and growth investing in a large administrative panel of Swedish residents over the period 1999 – 2007. Strong relationships between household portfolio tilt and household financial and demographic characteristics are documented with value investor having a higher financial and real estate wealth, lower leverage, lower income risk, lower human capital and are more likely to be female than the average growth investor.