irs

Individual Research Summaries: You are required to identify 1 practitioner-friendly articles published in the Journal of Finance, the RFS, the JFE, or JFQA, and draft a summary (3 pages, max) that covers the following elements:

•Strategy Overview

How does the strategy work? How does it perform?

•Data Requirements

What data is required to implement? What data was used to backtest?

•Discussion

What is the economics behind the strategy? Why does it work? Why are the markets inefficient?

•Commentary

Are there any implementation issues? Liquidity? Short-sell constraints? Are there environments in which the strategy will thrive or suffer?