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Biography

Daniel Schmidt is Associate Professor of Finance at HEC Paris, where he teaches Financial Economics and Advanced Finance in the "Grande Ecole" programme. He earned his Ph.D. in Finance at INSEAD (France). His research interests concern information dissemination in financial markets, limited attention, market liquidity, short selling, and behavioral finance.

 

Scientific articles

Working papers

Scientific articles

Noise traders incarnate: Describing a realistic noise trading process

Journal of Financial Markets, June 2021, vol. 54, (in coll. with J. PERESS)

Glued to the TV: Distracted Noise Traders and Stock Market Liquidity

Journal of Finance, April 2020, vol. 75, n° 2, pp 1083-1133, (in coll. with J. PERESS)

Stock Market Rumors and Credibility

Review of Financial Studies, August 2020, vol. 33, n° 8, pp 3804-3853,

Distracted Institutional Investors

Journal of Financial and Quantitative Analysis, December 2019, vol. 54, n° 6, pp 2453-2491,

Working papers

Education

  • Ph.D. in Finance, INSEAD - France
  • M.Sc. in Management, INSEAD - France
  • Diplom-Volkswirt (M.Sc. in Economics equivalent)- specializations in econometrics and finance, Universität Münster - Westffälische Wilhelms - Germany

Academic appointments

Academic Responsibilities at HEC

  • 2024- Department Head, Finance HEC Paris
  • 2020- Member of GREGHEC, the joint research laboratory CNRS-HEC Paris HEC Paris
  • 2019- Associate Professor, Finance HEC Paris

Scientific Activities

Membership in Academic or Professional Organisation

  • Member, American Finance Association
  • Member, European Finance Association

Editorial activities

  • Reviewer, Review of Finance, Journal of Economics Behavior Organization