Weekly Top 5 Papers – May 1, 2015

ssrn_toppapersheader 1. Fact, Fiction, and

Value Investing by Clifford S. Asness (AQR Capital Management, LLC), by Andrea Frazzini (AQR Capital Management, LLC), Ronen Israel (AQR Capital Management, LLC) and Tobias J. Moskowitz (University of Chicago – Booth School of Business) 2. Making Sense Out of Variable Spending Strategies for Retirees by Wade D. Pfau (The American College) 3. China’s Ideological Spectrum by Jennifer Pan (Harvard University – Graduate School of Arts and Sciences) and Yiqing Xu (Massachusetts Institute of Technology (MIT) – Department of Political Science) 4. Expected and Required Returns: Very Different Concepts by Pablo Fernandez (University of Navarra) and Isabel Fernández Acín (University of Navarra) 5. Discount Rate (Risk-Free Rate and Market Risk Premium) Used for 41 Countries in 2015: A Survey by Pablo Fernandez (University of Navarra), Alberto Ortiz Pizarro (University of Navarra) and Isabel Fernández Acín (University of Navarra)