Dr. David Yechiam Aharon

Senior researcher and lecturer

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לעמוד המרצה בעברית

About

Dr. David Yechiam Aharon holds the position of senior researcher and lecturer at Ono Academic College. Within the institution, he serves as the deputy head of the finance specialization for both bachelor’s and master’s degree programs. Additionally, he is responsible for overseeing the research budget for faculty members in the Faculty of Business Administration and instructs courses in finance and research methods.

Dr. Aharon’s research pursuits are centered on comprehending the structure and operations of financial markets, examining the efficiency of capital markets, exploring alternative investment strategies, and studying investor behavior. His contributions to the field are reflected in numerous publications in renowned international journals specializing in economics and finance, which include the Journal of Portfolio Management, Finance Research Letters, Energy Economics, Pacific Basin Finance Journal, International Review of Financial Analysis, among others.

Education

PhD in Finance

PhD in Finance, University of Haifa, 2016.

MBA in Finance

Ben Gurion University of the Negev, 2009

BA in Banking and the Capital Market

Netanya Academic College, 2006

Teaching Areas

Foundations of Finance Financial Modeling Portfolio Management Financial Markets and Institutions

Research interests

Cryptocurrency and Digital Assets Market Efficiency, Anomalies and Calendar Effects International Finance and Cross-Border Investments Behavioral Finance and Sentiment Analysis Government Interventions and Financial Markets Macroeconomic Factors and Financial Markets Market Microstructure

Selected Publications

Aharon, D.Y., Gavious, Y., Yosef, R. (2010) "Stock Market Bubble Effects on Mergers and Acquisitions". The Quarterly Review of Economics and Finance, Volume 50, Issue 4, November, Pages 456-470.
Aharon, D.Y., Gurshgoren, G, Sharabi, E., Zelekha, Y. (2017), "Market Makers under Extreme Market Conditions: Does Timing Matter?" Journal of Trading, 12(3), 14-29.
Aharon, D.Y., Qadan M. (2018), "What Drives the Demand for Information in the Commodity Market", Resources Policy, Volume 59, December 2018, Pages 532-543.
Qadan, M., Aharon, D.Y., (2018), "How Much Happiness Can We Find in The U.S. Fear Index", Finance Research Letters, Volume 30, September 2019, Pages 246-258.
Aharon, D.Y., Qadan M. (2018), "Bitcoin and the Day-of-the-Week Effect", Finance Research Letters, Volume 31, December 2019.
Aharon, D.Y., Qadan M., (2018), "The Size Effect is Alive and Well, and Hiding behind Calendar Anomalies", Journal of Portfolio Management, 45(6), 61-74.
Qadan, M., Aharon, D.Y., (2019), "The Length of the Trading Day and Trading Volume", Eurasian Business Review, 9(2), 137-156.
Qadan, M., Aharon, D.Y., (2019), "Can Investor Sentiment Predict the Size Premium", International Review of Financial Analysis, 63, 10-26.
Aharon, D.Y., Yagil Y. (2019), "The Impact of Financial Leverage on the Cost of Equity", International Journal of Economics & Financial Issues, 9(2), 175-188.
Aharon, D.Y, Kroll, Y., Riff, S., (2019), "The Degree of Free Cash Flow and Valuation", Review of Accounting and Finance, Vol. 18 No. 3, pp. 346-365.
Aharon, D.Y., Yagil Y. (2019), "The Impact of Financial Leverage on the Variance of Stock Returns", International Journal of Financial Studies, 7(1), 14
Qadan, M., Aharon, D.Y., Eichel, R. (2019), "Seasonal Patterns and Calendar Anomalies in the Commodity Market for Natural Resources", Resources Policy, 63, 101435.
Aharon, D.Y., Yagil Y. (2019), "The Impact of Financial Leverage on Shareholders’ Systematic Risk", Sustainability, 11(3), 6548.
Qadan, M., Aharon, D.Y., Cohen, G. (2020), "Everybody Likes Shopping, Including the US Capital Market", Physica A: Statistical Mechanics and its Applications, Accepted.
Aharon, D.Y., Baig, A.S, Butt, H.A, (2023)
"The Role of Education in Capital Markets’ Liquidity “. Journal of International Financial Markets, Institutions & Money, Accepted
Aharon, D.Y., Demir, E., Ersan, O., (2023)
"Where Do Tourism Tokens Travel To and From?". Current Issues in Tourism, Accepted.
Aharon, D.Y., Shoaib, A., Naveed, M., (2023)
"Too Big to Fail: The Aftermath of Silicon Valley Bank (SVB) Collapse and Its Impact on Financial Markets". Research in International Business and Finance, Accepted.
Aharon, D.Y., Aziz, M.I.A., Nor S.M., (2023)
"Cross-country Study of the Linkages between COVID-19, Oil Prices, and Inflation in the G7 Countries", Finance Research Letters, Accepted.
Aharon, D.Y., Aziz, M.I.A., Kalir, I., (2023)
"Oil Price Shocks and Inflation: A Cross-National Examination in the ASEAN5+3 Countries", Resources Policy, Accepted.
Aharon, D.Y, Butt, H., Jaffri, A., Nichols, B., (2023)
"Asymmetric volatility in the cryptocurrency market: New evidence from models with structural breaks?", International Review of Financial Analysis, Accepted.

CV

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