Robert Novy-Marx

Reversals and the returns to liquidity provision
(with Wei Dai, Mamdouh Medhat, and Savina Rizova)

Financial Analysts Journal 80 (2), 122–151, 2024.

Model comparison with transaction costs
(with Andrew Detzel and Mihail Velikov)

Journal of Finance 78 (3), 1743-1775, 2023.

Betting Against Betting Against Beta
(with Mihail Velikov)

Journal of Financial Economics 143 (1), 2022, 80-106.

• 2019 Roger F. Murray Prize (Second place) awarded to individuals who present outstanding research at the Q Group's semi-annual seminar. [link]

Comparing Cost-Mitigation Techniques
(with Mihail Velikov)

Financial Analysts Journal 75 (1), 2019, 85-102.

• 2019 Graham and Dodd Scroll Award for excellence in research and financial writing in the FAJ. [link]

Liquidity risk and asset pricing
(with Hongtao Li and Mihail Velikov)

Critical Review of Finance 8 (2), 2019.

A Taxonomy of Anomalies and their Trading Costs
(with Mihail Velikov)

Review of Financial Studies 29 (1), 2016, 104-147

Predicting Anomaly Performance with Politics, the Weather, Global Warming, Sunspots, and the Stars

Journal of Financial Economics 112 (2), 2014, 137-146.

The Other Side of Value: The Gross Profitability Premium

Journal of Financial Economics 108 (1), 2013, 1-28.

• 2014 Whitebox Advisors Selected Research Prize for outstanding contribution (published the year prior) to the art and science of investing • 2013 Fama-DFA Prize for the best capital markets/asset pricing paper in the JFE. [link] • 2012 AQR Insight Award Distinguished Paper Prize. [link]

Logical Implications of GASB's Methodology for Valuing Pension Liabilities

Financial Analysts Journal 69 (1), 2013, 26-32.

Is Momentum Really Momentum?

Journal of Financial Economics 103 (3), 2012, 429-453.

• 2012 Fama-DFA Prize for the best capital markets/asset pricing paper in the JFE. [link] • 2012 Whitebox Advisors Selected Research Prize for outstanding contribution (published the year prior) to the art and science of investing (second place)

Public Pension Promises: How Big Are They and What Are They Worth?
(with Joshua D. Rauh)

Journal of Finance 66 (4), 2011, 1211-1249.

Operating leverage

Review of Finance 15 (1), 2011, 103-134.

• 2011 Spängler IQAM Prize for the best paper in the Review of Finance

Hot and cold markets

Real Estate Economics 37(1), 2009, 1-22.

• 2009 Mills Prize for the best paper in Real Estate Economics

The Liabilities and Risks of State-Sponsored Pension Plans
(with Joshua D. Rauh)

Journal of Economic Perspectives 23 (4), 2009, 191-210.

An equilibrium model of investment under uncertainty

Review of Financial Studies 20 (5), 2007, 1461-1502.

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