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Maryam H

Student Seminar #9: Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency

Sunday, August 11, 2019
(20 Mordad 1398)
12:30 – 13:30Mohammadreza SalehiKhatam University (@ 17 Daneshvar), 7th Floor, Seminar Room

“This paper documents that strategies which buy stocks that have performed well in the past and sell stocks that have performed poorly in the past generate significant positive returns over 3‐to 12‐month holding periods. We find that the profitability of these strategies are not due to their systematic risk or to delayed stock price reactions to common factors. However, part of the abnormal returns generated in the first year after portfolio formation dissipates in the following two years. A similar pattern of returns around the earnings announcements of past winners and losers is also documented.”

Required Reading(s)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency


Student Seminar #8: The Rate of Return on Everything, 1870–2015

Sunday, August 04, 2019
(13 Mordad 1398)
12:30 – 13:30Vahid RostamKhatam University (@ 17 Daneshvar), 7th Floor, Seminar Room

“What is the aggregate real rate of return in the economy? Is it higher than the growth rate of the economy and, if so, by how much? Is there a tendency for returns to fall in the long run? Which particular assets have the highest long-run returns? We answer these questions on the basis of a new and comprehensive data set for all major asset classes, including housing. The annual data on total returns for equity, housing, bonds, and bills cover 16 advanced economies from 1870 to 2015, and our new evidence reveals many new findings and puzzles.”

Required Reading(s)The Rate of Return on Everything, 1870-2015


International Trade II Summer School 2019

iran is the largest economy in the world that is still outside the World Trade Organization. What are the gains and challenges of integrating to the world economy for the Iranian consumers and producers? How would labor markets and consequently political parties respond to international trade?

To answer these policy questions, it is imperative to understand the global economy and its institutions from both theoretical and empirical perspectives. The objective of this summer school is to bring interested Iranian scholars up to speed with the advancements in International Trade Theory with an emphasis on “Tariff Wars” and “Political Polarization”. It will also briefly review models used and developed by modern trade economists to measure the effects of different policy schemes.


The intended audience of the summer school are researchers and graduate students with some research background in Economics, Finance and Public Policy or closely related fields.

Gender Discrimination Reading Group 2019


During this 10-week reading group, both classical and new evidence on discriminations mostly gender discrimination in labor markets will be presented and discussed. We intend to review and explore the role of firms and occupations, norms and stereotypes, family demographics and institutions in driving and seek ways which alleviates them. Both theories and recent empirical findings on discrimination will be reviewed. We also intend to review empirical works related to gender gap in the labor market of Iran.

Time: Mondays, 14:00-16:00
Location: Meeting room, 6th floor, Khatam University (2nd Building)

More information

Introduction to TeIAS


  • Your Konkoor Rank is Less than 100

  • Your Olympiad is Less than 15

  • You are an Exceptional Talent in Your University

Please fill the application form and join us for the 3rd annual Introduction to TeIAS gathering.

Application Form

New Faculty Member Hiring

Hossein Joshaghani

Ph.D. Economics, University of Chicago
Tehran Institute for Advanced Studies (TeIAS) is delighted to announce that Hosein Joshaghani has joined the Economics Department from Spring 2019.
Hosein is an empirical economist, interested in using big data to better understand labor markets and the macroeconomy. His current research is mainly on identifying mechanisms through which discrimination takes place in the labor market, role of gig economy as a shock absorber and the optimal design and reform of labor markets.
He has joined TeIAS to make a dream come true to establish a leading world-class research institute that helps identify and propose solutions to complexities and challenges in Iran and many other developing nations.

APA Study Paper at Organizational Composition

It was printed at an undergrad level to serve as an example for the Ultius internet site. A third conceivable organizational composition for the daycare is actually a corporation. Virtually any profits from the daycare might be taxed, and any salary from the daycare to the shareholders would also be taxed. APA Study Paper at Organizational Composition

The purpose of the following APA research paper is usually to evaluate the distinct organizational set ups for a turtle daycare and evaluate for what reason having an LLC is the best organization structure. The primary intent behind an company structure is always that it will allow multiple visitors to have an possession interest in the firm.

A fabulous sole proprietorship would mean that daycare will have a business and access to business enterprise benefits, however owner features all duty liability along with personal fault for the corporation. Continue Reading