Congratulations to Leeds School of Business鈥� assistant professor Shrihari Santosh for winning the , published in 2020 by the听Journal of Financial Economics听in the areas of capital markets and asset pricing.
, 鈥淪hrinking the Cross Section鈥� co-authored by Santosh, Serhiy Kozak and Stefan Nagel, won first place in its category.
He and his co-authors used stochastic discount factors (SDFs) to summarize the cross-section of expected stock returns in a high-dimensional setting with a large number of characteristics and their interactions, using tools from machine learning combined with economically motivated objective functions.
鈥淧ersonally, I view the prize as important external validation of my work. It is a great source of pride,鈥� said Santosh.
The is voted on each year by the readers of the JFE. The award is named after听 as well as the investment advisory firm, Dimensional Fund Advisors. 听
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