A selection of academic papers, working papers, and institutional research that have utilized our research and data.

• Downside Risk to the Stock Market and Consumption
  Indrajit Mitra & David Rapach
  Federal Reserve Bank of Atlanta, Policy Hub Series No. 6-2026 — September 2026
• Democratic Governance & Equity Valuations
  Bahram Adrangi, Yosef Bonaparte, Arjun Chatrath & Rohan Christie David
  The Quarterly Review of Economics and Finance, Volume 107 — June 2026
• Political and Economic Freedoms and Global Equity Valuations
  Bahram Adrangi, Arjun Chatrath & Decclan McLean
  The American Economist, Volume 71, Issue 1 — March 2026
• Passive Investing and the Rise of Mega-Firms
  Hao Jiang, Dimitri Vayanos & Lu Zheng
  The Review of Financial Studies, Volume 38, Issue 12 — December 2025
• Causal Inference in Financial Event Studies
  Tianshu Lyu & Paul Goldsmith-Pinkham
  Yale University Working Paper — December 2025
• The predictive power of option prices for stock returns & nonfundamental shocks
  Asli Eksi & Saurabh Roy
  The Journal of Financial Research, Volume 48, Issue 4 — December 2025
• Forecasting Stock Prices: Exploring the Potential of ARIMA Model for Short Term Predictions
  Hafiz Raza, Gulfam Haider & Syed Zeeshan Haider
  International Journal of Management Research and Emerging Sciences, Vol. 14, No. 4 — December 2024, pp. 01-21
• The Effect of Market Asset Returns, Economic Conditions, and Firm Fundamentals on Net Lease Capitalization Rates
  Stacy Sirmans, Greg Smersh & Daniel Winkler
  Journal of Real Estate Research, Volume 46, Issue 4 — December 2024
• The Passive Ownership Share is Double What You Think It Is
  Alex Chinco & Marco Sammon
  Journal of Financial Economics, Volume 157 — July 2024
• Passive Investing in a Warming World – An Evaluation of Fossil Fuel Impacts on Equity Portfolios
  Connor Chung & Dan Cohn
  Institute for Energy Economics & Financial Analysis — February 2024
• The Disappearing Index Effect
  Robin Greenwood & Marco Sammon
  Harvard Business School Working Paper 23-025 — November 2023
• Industry variance risk premium, cross-industry correlation, and expected returns
  Yabei Zhu, Xingguo Luo & Qi Xu
  The Journal of Futures Markets, Volume 43, Issue 1 — January 2023
• The Avoidable Costs of Index Rebalancing
  Robert Arnott, Chris Brightman, Vitali Kalesnik & Lillian Wu
  Social Science Research Network — May 2022
• Is Stock Index Membership for Sale?
  Kun Li, Shang-Jin Wei & Xin Liu
  National Bureau of Economic Research, NBER Working Paper Series — October 2021
• Climate Change Risk Disclosures and the Securities and Exchange Commission
  Rena S. Miller, Gary Shorter & Nicole Vanatko
  Congressional Research Service — April 2021
• More Stories of Unconventional Monetary Policy
  Evan Karson & Christopher J. Neely
  Federal Reserve Bank of St. Louis Working Paper — October 2020
• Does Joining a Major Index Hurt Firms?
  Benjamin Bennett, René M. Stulz & Zexi Wang
  National Bureau of Economic Research, NBER Working Paper Series — July 2020
• Modern Portfolio Theory And The Efficient Markets Hypothesis
  Jim Fischer
  12th Economics and Finance Conference, International Institute for Social and Economic Sciences — October 2019
• Index Affiliation and Stock Price Informativeness
  Shinhua Liu
  Journal of Behavioral Finance — October 2019
• Es-CAPE Velocity: Value-Driven Sector Rotation
  Corey Hoffstein
  Newfound Research — August 2019
• Asset volatility with prospect theory investors
  Jeremias Bekierman
  Quantitative Finance, Volume 19, Issue 4 — December 2018
• Buy High and Sell Low with Index Funds
  Rob Arnott, Vitali Kalesnik & Lillian Wu
  Research Affiliates — June 2018
• Equity Valuation Science, Art, or Craft?
  Frank J. Fabozzi, Sergio M. Focardi & Caroline Jonas
  CFA Institute Research Foundation Publications, Volume 2017, Issue 4 — December 2017
• Intangibles: The Impaired Accounting Challenge
  John H. Nugen, Alex Pomelnikov & Kerry Webb
  Journal of Business & Economic Policy, Volume 4, Issue 1 — March 2017