The Return of Return Dominance: Decomposing the Cross-section of Prices

The Wharton School's Jacobs Levy Center hosted a webinar featuring Sean Myers, assistant professor of finance at Wharton.
Professor Myers presented his paper The Return of Return Dominance: Decomposing the Cross-section of Prices, which tackles the fundamental question - why do stock prices differ so much between companies? Jonathan Lewellen of Dartmouth gave a discussion of the paper.
The paper won the 2023 Jacobs Levy Center Research Paper Prize for Best Paper.