Dr Gabriele Lepori

Title: Lecturer in Finance
Phone: +44 (0)1782 733889
Email: g.lepori@keele.ac.uk
Location: DW1.56
Role:
Contacting me:

I joined Keele Management School in September 2013 as a Lecturer in Finance. Prior to this, I worked as an Assistant Professor of Finance at Copenhagen Business School, in Denmark. I hold a PhD in Economics from Michigan State University, USA.

My research agenda focuses on asset pricing and behavioural finance. I'm particularly interested in investigating the role of psychological and sociological forces in the context of the investment decision making process and their impact on the dynamics of financial markets.

Current research themes include:

  • How investment decisions and aggregate asset prices are influenced by such factors as investor sentiment, superstition, and patriotism.
  • How macroeconomic news and firm-specific news affect the dynamics (i.e. returns, volatility, and liquidity) of stock markets.

My research has been frequently featured in the financial press and on the radio, including The Economist, The Wall Street Journal, Investors Chronicle, Corporate Board Member, and NPR Morning Edition.

Selected Publications

  • Lepori G. 2016. Asset price formation and behavioral biases. Review of Behavioral Finance, vol. 8(2), 137-155. doi>
  • Lepori G. 2016. Air pollution and stock returns: Evidence from a natural experiment. Journal of Empirical Finance, vol. 35, 25-42. doi> link>
  • Lepori G. 2015. Investor mood and demand for stocks: Evidence from popular TV series finales. Journal of Economic Psychology, vol. 48, 33-47. doi>
  • Lepori G. 2015. Positive mood and investment decisions: Evidence from comedy movie attendance in the US. Research in International Business and Finance, vol. 34, 142-163. doi>

Full Publications List show

Journal Articles

  • Lepori G. 2016. Asset price formation and behavioral biases. Review of Behavioral Finance, vol. 8(2), 137-155. doi>
  • Lepori G. 2016. Air pollution and stock returns: Evidence from a natural experiment. Journal of Empirical Finance, vol. 35, 25-42. doi> link>
  • Lepori G. 2015. Investor mood and demand for stocks: Evidence from popular TV series finales. Journal of Economic Psychology, vol. 48, 33-47. doi>
  • Lepori G. 2015. Positive mood and investment decisions: Evidence from comedy movie attendance in the US. Research in International Business and Finance, vol. 34, 142-163. doi>
  • FIN-40019 Financial Derivatives (postgraduate).
    In this module students examine in depth the pricing of options, forwards, futures, and swaps; they also learn how derivatives can be employed by firms and financial institutions for risk management, speculation, and arbitrage.
  • ECO-30040 Options and Futures (undergraduate)
    In this module students analyse the basic mechanics of derivatives - options, forwards, and futures - and learn how firms and investors use said instruments for risk management, speculation, and arbitrage.
  • ECO-20045 Banking (undergraduate)
    In this module students explore how the financial system works, how commercial banks operate, and how central banks employ the tools at their disposal to conduct their monetary policies and achieve a range of goals concerning inflation, economic activity, and the stability of financial markets.

Previously, I've also taught:

  • Corporate Finance - at Copenhagen Business School, Denmark.
  • Risk Management & Corporate Finance - at Copenhagen Business School, Denmark.
  • Microeconomics - at Michigan State University, and at the University of Nevada-Reno, USA.
  • Macroeconomics - at Michigan State University, USA.
  • Money, Banking & Financial Markets - at Michigan State University, USA.
MSc and PhD supervision

I am willing to supervise PhD students conducting research in the field of behavioural finance. I can also supervise graduate students writing a Master’s dissertation on one of the following topics:

  • The performance of mutual funds.
  • The Black‐Scholes option pricing model.
  • The put-call option parity condition.
  • The predictive power of technical trading rules in financial markets.