Team

Prof. Dr. Heiko Jacobs

Lehrstuhlinhaber

Prof. Dr. Heiko Jacobs

Raum:
R09 R00 H16
Telefon:
+49 201 18-33894
Fax:
+49 201 18-34974
E-Mail:
Sprechstunde:
nach Vereinbarung
Homepage:
Private Homepage mit ausführlichen Informationen zur Person und zur Forschung

Lebenslauf:

seit 10/2017Professor für Finanzierung, Universität Duisburg-Essen
02/2012-9/2017Universität Mannheim, Habilitand am Lehrstuhl von Prof. Dr. Dr. h.c. Martin Weber 
10/2013-12/2013Gastforscher, UNSW Business School, University of New South Wales, Sydney
11/2011Universität Mannheim, Dissertation zum Thema: "Empirical Essays on the Stock Market Impact of Limited Investor Attention"
09/2007-01/2012Universität Mannheim, wissenschaftlicher Mitarbeiter und Doktorand am Lehrstuhl von Prof. Dr. Dr. h.c. Martin Weber 
2/2007-8/2007 University of Technology Sydney
2002-2006Universität des Saarlandes, Diplom-Kaufmann mit Schwerpunkten Finanzwirtschaft und Informationssysteme
2001Ludwigsgymnasium Saarbrücken, Abitur

Forschungsgebiete:

Empirische Kapitalmarktforschung, Behavioral Finance, Asset Management, Asset Pricing, Anomalien und Markteffizienz 

Projekte:

Details zu allen Publikationen (inklusive Links zu den Studien) siehe https://sites.google.com/site/heikojacobsfinance/research

Ausgewählte Veröffentlichungen

"Anomalies Across the Globe: Once Public, No Longer Existent?", with S. Müller, forthcoming at the Journal of Financial Economics, 2018.

  • Reseach awards: ACATIS Value Award (First Prize)
  • What it is about: The post-publication drop in anomaly profitability exists in the U.S. market only, suggesting that anomalies are real and that there are cross-country barriers to arbitrage trading.

"Market Maturity and Mispricing", Journal of Financial Economics, 122, 270-287, 2016. 

  • Research Awards: Asia Asset Management - CAMRI Prize in Asset Management, IQ-Kap Research Award (Second Prize), ACATIS Value Award, Research Award of Bundesverband Alternative Investments
  • What it's about: Don't judge the book by its cover: Mispricing appears to be at least as prevalent in developed stock markets as in emerging stock markets.

"Media Makes Momentum", with A. Hillert and S. Müller, Review of Financial Studies, 27, 3467-3501, 2014.

  • Research Awards: Young Talent Award, German Academic Association for Business Research ("Nachwuchspreis", Verband der Hochschullehrer für Betriebswirtschaft), Award for Innovation, association of businesses in the Hamburg financial community (Second Prize, "Innovationspreis des Finanzplatz Hamburg e.V"), ACATIS Value Award
  • What it's about: In the spotlight: Firms that are excessively covered by the media exhibit stronger overreaction-driven momentum.

"Alphabetic bias, Investor recognition, and trading behavior", with A. Hillert, Review of Finance, 20, 693-723, 2016.

  • (previously entitled "The power of primacy: Alphabetic bias, investor recognition, and market outcomes")
  • Selected conferences: AFA 2016, EFA 2015, Helsinki Finance Summit
  • Selected press coverage: Wall Street Journal, Frankfurter Allgemeine Zeitung, CFA Digest
  • What it's about: The power of primacy: There are ordering effects in financial decision making and economic aggregates.

"The trading voume Impact of local bias". Evidence from a natural Experiment", with M. Weber, in: Review of Finance (lead article), 16, 867-901, 2012. 

  • What it's about: Home, sweet home: Investor preference for local stocks accounts for a substantial fraction of trading activity in the German stock market.

Betreute Abschlussarbeiten:

  • Die Beta-Anomalie auf dem deutschen Aktienmarkt (Masterarbeit Betriebswirtschaftslehre)