Rate My Professor Patrick Kelly

Kelly specializes in the impact of media on asset prices and corporate governance, market efficiency, behavioral finance, and empirical asset pricing. He has published in top journals including the Review of Financial Studies, Journal of Banking & Finance, Financial Management, and Quarterly Journal of Finance. Notable publications are: Griffin, J.M., Kelly, P.J., & Nardari, F. (2010). “Do Market Efficiency Measures Yield Correct Inferences? A Comparison of Developed and Emerging Markets.” Review of Financial Studies, 23(8), 3225-3277; Kelly, P.J., & Meschke, F. (2010). “Sentiment and Stock Returns: The SAD Anomaly Revisited.” Journal of Banking & Finance, 34(6), 1308-1326; Griffin, J.M., Hirschey, N.H., & Kelly, P.J. (2011). “How Important is the Financial Media in Global Markets?” Review of Financial Studies, 24(12), 3941-3992; Kelly, P.J. (2014). “Information Efficiency and Firm-Specific Return Variation.” Quarterly Journal of Finance, 4(4); Bergbrant, M.C., & Kelly, P.J. (2016). “Macroeconomic Expectations and the Size, Value and Momentum Factors.” Financial Management, 45(4), 809-844 (lead article, best paper Winter 2016); among others such as Bergbrant et al. (2018), Francis et al. (2020), and Gorovyy et al. (2022) in Journal of Banking & Finance.