Christopher A. Parsons
Foster School of Business, University of Washington. Co-author of the geographic lead-lag paper (SSRN 2780139).
Affiliations
- Foster School of Business, University of Washington — corresponding author of Geographic Lead-Lag Effects (SSRN 2780139).
- Email: cap1975@uw.edu (per SSRN paper).
Key contributions
- Geographic Lead-Lag Effects (Parsons, Sabbatucci & Titman, 2016/2018, Parsons, Sabbatucci & Titman 2016/2018 — 地理引线-滞后效应) — identifies lead-lag returns between co-headquartered firms operating in different sectors; proposes the "analyst coverage overlap" mechanism for why geographic lead-lag does not decay with analyst coverage (in contrast to industry lead-lag).
Research themes
- Lead-lag structures beyond industry: extends Cross-Sectional Momentum's framework (Moskowitz-Grinblatt 1999) to geographic peers, separating "individual coverage" from "joint coverage" as the relevant attention proxy.
- Analyst organization & price efficiency: papers in the lineage of Hong-Kubik-Stein (2005) and Petersen-Sekerkaya, focused on the structure rather than the level of analyst coverage.