Nicholas Mangee
Associate Professor of Finance Georgia Southern University
- Statesboro GA
Nicholas Mangee is an associate professor of finance in the Parker College of Business at Georgia Southern University.
Media
Biography
Areas of Expertise
Accomplishments
Outstanding Faculty Award
2016/17
College of Liberal Arts, Armstrong State University
Elizabeth Bogan Award for Highest Scholarship
2006/07
Dept. of Econ., Univ. of New Hampshire
Outstanding Graduate Student Teaching Award
2008/09
Dept. of Economics, Univ. of New Hampshire
Teaching Assistant of the Year
2006/07
Dept. of Economics, University of New Hampshire
Education
Certificate
University of Copenhagen
Advanced Macroeconometrics
2012
Ph.D.
University of New Hampshire
Economics with Cognate in College Teaching
2011
M.A.
University of New Hampshire
Economics
2007
B.A.
St. Lawrence University
Economics/Mathematics
2006
Affiliations
- Omicron Delta Epsilon, International Honors Society for Economics
Links
Media Appearances
Mangee: Dodd-Frank tough to dismantle
Savannah Morning News online
2017-02-10
The stringencies of financial regulation put into law following the global financial crisis, commonly known as the Dodd-Frank Act of 2010, are being explicitly targeted for repeal by the new administration.
Articles
Expectations Concordance and Stock Market Volatility: Knightian Uncertainty in the Year of the Pandemic
Journal of Risk and Financial ManagementThis study introduces a novel index based on expectations concordance for explaining stock-price volatility when novel events that are each somewhat unique cause unforeseeable change and Knightian uncertainty in the process driving outcomes. Expectations concordance measures the degree to which KU events are associated with directionally similar expectations of future returns.
How Market Sentiment Drives Forecasts of Stock Returns
Journal of Behavioral FinanceWe reveal a novel channel through which market participants’ sentiment influences how they forecast stock returns: their optimism (pessimism) affects the weights they assign to fundamentals. Our analysis yields four main findings. First, if good (bad) “news” about dividends and interest rates coincides with participants’ optimism (pessimism), the news about these fundamentals has a significant effect on participants’ forecasts of future returns and has the expected signs (positive for dividends and negative for interest rates).
A New Explanation for Samuelson’s Dictum and the Stock Market: Novel Events and Knightian Uncertainty
Series of Unsurprising Results in EconomicsSamuelson’s Dictum argues that aggregate stock markets do not convincingly reflect information on fundamentals, such as dividends or earnings, and are, thus, inefficient in setting prices. By contrast, firm-level stock prices share a much closer connection with fundamentals and are, therefore, deemed relatively efficient.
A Cointegrated VAR Analysis of Stock Price Models: Fundamentals, Psychology and Structural Change
Journal of Behavioral FinanceThis paper provides an empirical investigation of leading models of stock price fluctuations, including those based on canonical present value and behavioral considerations. It uses the cointegrated VAR framework to test the models’ competing predictions concerning the roles of fundamentals, psychology, and structural change in driving fluctuations.
Stock Returns and the Tone of Marketplace Information: Does Context Matter?
Journal of Behavioral FinanceThe author provides empirical evidence that marketplace context matters for understanding stock price behavior. Investor sentiment, as measured by the informational tone of stock market reports from the Wall Street Journal and Bloomberg News outlets, is compared across 2 classification dictionaries: the Harvard General Inquirer IV-4 dictionary and the financial context-specific dictionary of Loughran and McDonald [2011].
