Research

Research Statement

Publications

  1. C. Fracassi , A. Sheen, and A. Previtero, 2022. “Barbarians at the store? Private equity, products, and consumers“,  Journal of Finance, Volume 77, Issue 3, 1439-1489.
  2. J. Linnainmaa,  B. Melzer, and A. Previtero, 2021. “The Misguided Beliefs of Financial Advisors”, Journal of Finance, Volume 76, Issue 4, 587–621.
  3. S. Foerster, J. Linnainmaa, B. Melzer, and A. Previtero, 2017. “Retail Financial Advice: Does One Size Fit All?”  Journal of Finance,  Volume 72, Issue 4, 1441–1482 (older version: The Costs and Benefits of Financial Advice)
  4. H. Cronqvist, A. Previtero, S. Siegel, and R. White, 2016. “The Fetal Origins Hypothesis in Finance: Prenatal Environment and Financial Risk Taking” Review of Financial Studies, Volume 29, Issue 3, 739–786.
  5. A. Previtero, 2014. “Stock Market Returns and Annuitization”  Journal of Financial Economics, Volume 113, Issue 2, 202–214. [Online Appendix]
  6. S. Benartzi, A. Previtero, and R. H. Thaler, 2011. “Annuitization Puzzles”  Journal of Economic Perspectives, Volume 25, Number 4, 143–164.

Working Papers

  1. Saving for retirement, annuities, and procrastination (2023), with J. R. Brown (under review)
  2. Robo-advisers and investor behavior (2023), with B. Loos, S. Scheurle, and A. Hackethal (solicited by the Review of Financial Studies)
  3. Investor protections and stock market participation: An evaluation of financial advisor oversight  (2023), with J. Linnainmaa, B. Melzer, and S. Foerster (older version: Financial Advisors and Risk-Taking)
  4. Smart(Phone) Investing? A within investor-time analysis of new technologies and trading behavior (2023) with A. Kalda, B. Loos, and A. Hackethal
  5. The value of non-alpha services (2024) with J. van Binsbergen and R. Xing (Draft available upon request)
  6. The consumption response to realized capital gains: Evidence from mutual fund liquidations (2020), with S. Meyer and M. Pagel

Work-in-progress

  1. Revenue synergies in M&As: Evidence from consumer products,  with C. Fracassi, A. Sheen, and Varun Sharma
  2. Financial literacy and advice: Substitutes or complements? with P. Andreou, S. Anyfantaki, D. Koursaros, and W. Wang
  3. Annuities and endogenous longevity, with B. Larrain and F. Severino
  4. Financial advisors and retirees’ risk-taking, with A. Cole and N. Stoffman
  5. The big data dilemma, with C. Heyerdahl-Larsen and W. Wang 
  6. Financial advisors and gender discrimination, with A. Kalda
  7. Household demand for stocks and funds, with C. Davis, S. Greppmair, and A. Hackethal