Ron Kaniel is the Jay S. and Jeanne P. Benet Professor of Finance at the Simon Business School, University of Rochester. Kaniel is a former Co-Editor, and current Advisory editor, of the Journal of Financial Economics, and is one of the founding editors of Finance Theory Insights. He has served as the President of the Finance Theory Group. He is a Research Fellow of the Center for Economic Policy Research, an honorary visiting professor at Gothenburg University, and a special term visiting professor at Fudan International School of Finance.
Kaniel has research interests in the areas of asset pricing, financial intermediation, relative wealth considerations, investments, and AI. His research has been published in leading academic journals including Journal of Finance, American Economic Review, Review of Financial Studies, and Journal of Financial Economics, among others. His papers have won multiple (12) best paper awards.
Before joining Simon, Kaniel was a faculty member at Duke University and the University of Texas at Austin, and was a visiting scholar at Stanford University. He received a Ph.D. in finance in 1999 from the Wharton School of the University of Pennsylvania, an M.Sc. (Summa Cum Laude) in computer science in 1994 and B.Sc. (Summa Cum Laude) in mathematics and computer science in 1992 from the Hebrew University of Jerusalem. He received a European Research Council Starting Grant. He has been named to the Simon School Dean’s Teaching Honor roll numerous times.
Professor Kaniel has research interests in the areas of asset pricing, financial intermediation and investments. His research is focused on understanding mutual funds investment decisions and how they impact security prices, the impact of endogenous community effects on investors’ investment decisions and equilibrium prices, and the predictive role of changes in trading volume and investors’ order flow on security returns.
Asset Pricing