LOUIS PICCOTTI

Department of Finance
William S. Spears Chair
Associate Professor

BUSINESS BUILDING
STILLWATER, OK 74078-4011
Phone: 405-744-8666

louis.r.piccotti@okstate.edu

Education

• Ph D, Rutgers Business School, Finance, 2014
• BA, Auburn University, Economics, 2008
• BS, Auburn University, Finance, 2008

Publications

• Louis R. Piccotti. (2024). "Utility-implied term structures of equity risk premia". Economics Letters. (244), 111947.
• Isarin Durongkadej and Louis R. Piccotti. "Bond market structure and volatility". International Review of Finance (Forthcoming).
• Yifan Liu and Louis R. Piccotti. "Synthetic long stock and option trading: evidence from stock splits". Journal of Financial Research (Forthcoming).
• Sharif Mazumder and Louis R. Piccotti. (2023). "Systemic risk: bank characteristics matter". Journal of Financial Services Research. (64), 265-301.
• Louis R. Piccotti and Emily Wang. (2023). "Informed Trading in Options Markets Surrounding Data Breaches". Global Finance Journal. (56), May, 100774.
• Rita Biswas, Xiao Li, and Louis R. Piccotti. (2023). "Do Macroeconomic Variables Drive Exchange Rates Independently?". Finance Research Letters. (52), 103524.
• Louis R. Piccotti. (2022). "Portfolio Returns and Consumption Growth Covariation in the Frequency Domain, Real Economic Activity, and Expected Returns". Journal of Financial Research. (45), 3, 513-549.
• Rita Biswas, Louis R Piccotti, and Ben Z Schreiber. (2021). "Differential risk premiums and the uip puzzle". Financial Management. (50), 139-167.
• Louis R. Piccotti and Ben Z. Schreiber. (2020). "Information shares in a two-tier fx market". Journal of Empirical Finance. (58), 19-35.
• Na Dai and Louis R. Piccotti. (2020). "Required return on equity when capital structure is dynamic". Financial Management. (49), 265-289.
• Louis R. Piccotti. (2020). "Strategic trade when securitized portfolio values are unknown". Journal of Banking & Finance. (115), Article 105816.
• Louis R. Piccotti. (2018). "ETF premiums and liquidity segmentation". Financial Review. (53), 117-152.
• Louis R. Piccotti. (2018). "Jumps, cojumps, and efficiency in the spot foreign exchange market". Journal of Banking and Finance. (87), 49-67.
• Dilip Patro, Louis R. Piccotti, and Yangru Wu. (2017). "Exploiting closed-end fund discounts: a systematic examination of alphas". Journal of Financial Research. (40), 223-248.
• Louis R. Piccotti. (2017). "Financial contagion risk and the stochastic discount factor". Journal of Banking and Finance. (77), 230-248.
• Louis R. Piccotti. (2016). "Pricing errors and the geography of trade in the foreign exchange market". Journal of Financial Markets. (28), 46-69.
• Louis R. Piccotti and Ben Z Schreiber. (2015). "Information shares of two parallel currency options markets: trading costs versus transparency/tradability". Journal of Empirical Finance. (32), 210-229.