University of Delaware

Xiaoxia Lou

  • Associate Professor of Finance | University of Delaware
  • Email: lous at

Research Papers (Can be downloaded from my page on SSRN)

  1. The Divergence of Liquidity Commonality in the Cross-section of StockJournal of Financial Economics, Volume 89, Issue 3, September 2008, Pages 444-466 (with Avraham Kamara and Ronnie Sadka)
  2. Has the US Stock Market Become More Vulnerable Over Time? Financial Analysts Journal, January/February 2010, Vol. 66, No. 1: 41-52. (with Avraham Kamara and Ronnie Sadka)
  3. Short Sellers and Financial Misconduct. Journal of Finance, Volume 65, Issue 5, October 2010, Pages 1879-1913. (with Jonathan Karpoff)
  4. Liquidity Level or Liquidity Risk? Evidence from the Financial CrisisFinancial Analysts Journal, Volume 67, Issue 3, 2011, Pages 51-62. (with Ronnie Sadka)
  5. Horizon PricingJournal of Financial and Quantitative Analysis, Volume 51, Issue 6,  December 2016, pp. 1769-1793. (with Avraham Kamara, Robert Korajczyk, and Ronnie Sadka)
  6. Invisible Costs and ProfitabilityPortfolio Construction, Measurement, and Efficiency: Essays in Honor of Jack Treynor, Springer 2016 (with Ronnie Sadka)
  7. Flow-Induced Trading Pressure and Corporate Investment. Journal of Financial and Quantitative Analysis, forthcoming (with Albert Wang)
  8. Price Impact or Trading Volume: Why is the Amihud (2002) Measure Priced? Review of Financial Studies, forthcoming (with Tao Shu)
  9. Media Reinforcement in International Financial Markets, (with Ken Froot, Gideon Ozik, Ronnie Sadka, and Siyi Shen)
  10. Short-Horizon Beta or Long-Horizon Alpha?  (with Avraham Kamara, Robert Korajczyk, and Ronnie Sadka)
  11. Enforcement Waves and Spillover Effects. (with Hae Mi Choi, Jonathan Karpoff)
  12. Expected Earnings and the Post-Earnings-Announcement Drift. (with Yaniv Konchitchki, Gil Sadka, and Ronnie Sadka)
  13. Can Liquidity Events Explain the Low-short-interest Puzzle? Implication from the Options Market (with Jefferson Duarte and Ronnie Sadka)