Prof. David Yechiam Aharon

Professor of Finance and Capital Markets and Head of the Business Administration Research Center

Contact

לעמוד המרצה בעברית

About

Professor David Yechiam Aharon specializes in market microstructure, the dynamics of liquidity and volatility, and financial market connectedness. His research explores the impact of uncertainty and extreme market conditions on trading efficiency, market behavior, and asset pricing. He has a strong track record of high-quality publications in leading finance journals and is actively engaged in international collaborations and academic conferences. He serves as Senior Editor at the International Journal of Emerging Markets and as Associate Editor at the Emerging Markets Review and the Eurasian Economic Review.

Education

Ph.D. in Business Administration

University of Haifa, Faculty of Management, Department of Business Administration (2016)

MBA in Business Administration (Magna Cum Laude)

Ben-Gurion University of the Negev, Faculty of Management (2009)

B.A. in Banking and Capital Markets (Magna Cum Laude)

Netanya Academic College (2006)

Teaching Areas

Financial Markets and Institutions Market Microstructure Financial Risk Management and Derivatives Financial Econometrics Portfolio Management Financial Modeling

Research interests

Market Microstructure; Liquidity and Volatility Dynamics; Event Studies in Financial Markets; Asset Pricing and Information Transmission; Asset Class Connectedness and Systemic Risk; Cryptocurrencies, Blockchain, and Alternative Investments

Selected Publications

Aharon, D. Y., Baig, A. S., & DeLisle, J. (2025)
The Effects of Country-Level Governance Quality on the Stability of Equity Markets: Evidence from Cross-Listed Securities. International Review of Finance, 25(3), e70033
Aharon, D.Y., Shoaib, A., Brahim, M. (2024)
“Connectedness at Extremes between Real Estate Tokens and Real Estate Stocks". International Review of Financial Analysis, Volume 95, Part B, October 2024, 103425.
Aharon, D.Y., Baig, A., Jacoby, G., and Zhenyu, W. (2023)
“Greenhouse Gas Emissions, Air Pollution, and the Stability of Equity Markets: International Evidence". Journal of International Financial Markets, Institutions & Money, Volume 92, April 2024, 101952.
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, 86, 101805
Aharon, D.Y., (2020)
"Uncertainty, Fear and Herding Behavior: Evidence from Size-Ranked Portfolios", Journal of Behavioral Finance, 22(3), 320-337.

CV

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