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Haze, investor attention and China's stock markets: Evidence from internet...

Publication date: December 2019Source: Finance Research Letters, Volume 31Author(s): Yihao Zhang, Lingfeng TaoAbstractThis paper investigates the impact of haze on China's stock markets and the...

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Operating leases, operating leverage, operational inflexibility and sticky costs

Publication date: December 2019Source: Finance Research Letters, Volume 31Author(s): Douglas O. Cook, Robert Kieschnick, Rabih MoussawiAbstractWe show that a firm's operating lease expenses are the...

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Bitcoin price–volume: A multifractal cross-correlation approach

Publication date: December 2019Source: Finance Research Letters, Volume 31Author(s): Marwane El Alaoui, Elie Bouri, David RoubaudAbstractWe study the price–volume cross-correlation in the Bitcoin...

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Effect of bifurcation on the interaction between Bitcoin and Litecoin

Publication date: December 2019Source: Finance Research Letters, Volume 31Author(s): Zhiyong Tu, Changyong XueAbstractThis paper studied the effect of the bifurcation of Bitcoin on its interactions...

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Sectoral contributions to systemic risk in the Chinese stock market

Publication date: December 2019Source: Finance Research Letters, Volume 31Author(s): Fei WuAbstractThis paper investigates the question of how much each sector contributes to systemic risk in the...

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Analysing dynamic dependence between gold and stock returns: Evidence using...

Publication date: December 2019Source: Finance Research Letters, Volume 31Author(s): Gideon Boako, Aviral Kumar Tiwari, Muazu Ibrahim, Qiang JiAbstractIn this paper, we apply a battery of stochastic...

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The gender gap in over-indebtedness

Publication date: December 2019Source: Finance Research Letters, Volume 31Author(s): Tobias Meyll, Thomas PaulsAbstractWe document a significant gender gap in over-indebtedness, as we find women to be...

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Inflation expectation, monetary policy credibility, and exchange rates

Publication date: December 2019Source: Finance Research Letters, Volume 31Author(s): Seojin Lee, Young Min KimAbstractBased on the affine term structure model, we estimate the expected inflation and...

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Advance notice labor conflicts and firm value—An event study analysis...

Publication date: December 2019Source: Finance Research Letters, Volume 31Author(s): Zvika Afik, Roi Haim, Yaron LahavAbstractThe Israeli law has a special requirement—unions must announce a...

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Bitcoin and the day-of-the-week effect

Publication date: December 2019Source: Finance Research Letters, Volume 31Author(s): David Yechiam Aharon, Mahmoud QadanAbstractThe day-of-the-week effect is a well-known phenomenon in financial...

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Capital-market effects of securities regulation: Prior conditions,...

Publication date: December 2019Source: Finance Research Letters, Volume 31Author(s): Douglas Cumming, Sofia JohanAbstractWhile it is not clear from Christensen, Hail, and Leuz (2016), the market abuse...

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Banking crises in developing countries–What crucial role of exchange...

Publication date: December 2019Source: Finance Research Letters, Volume 31Author(s): Brahim Gaies, Stéphane Goutte, Khaled GuesmiAbstractWe examine the determinants of banking crises occurrence in...

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A readily computable commodity price index: 1900–2016

Publication date: December 2019Source: Finance Research Letters, Volume 31Author(s): Viviana FernandezAbstractThis article presents an extended version of Grilli and Yang (1988)’s non-fuel commodity...

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A note of techniques that mitigate floating-point errors in PIN estimation

Publication date: December 2019Source: Finance Research Letters, Volume 31Author(s): Wen-Chyan Ke, Hueiling Chen, Hsiou-Wei William LinSummaryThis study aims at the estimation of the probability of...

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How do independent directors view powerful executive risk-taking incentives?...

Publication date: December 2019Source: Finance Research Letters, Volume 31Author(s): Viput Ongsakul, Pornsit JirapornAbstractWe explore how independent directors view managerial risk-taking incentives...

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Estimating the monetary policy interest-rate-to-performance sensitivity of...

Publication date: December 2019Source: Finance Research Letters, Volume 31Author(s): Bernd Hayo, Kai Henseler, Marc Steffen RappAbstractUsing an event-study design, we investigate monetary policy...

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Herding and flash events: Evidence from the 2010 Flash Crash

Publication date: December 2019Source: Finance Research Letters, Volume 31Author(s): Rıza Demirer, Karyl B. Leggio, Donald LienAbstractUsing intraday data on individual stocks included in the S&P...

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Do bullet trains affect earnings management? Evidence from China

Publication date: December 2019Source: Finance Research Letters, Volume 31Author(s): Bin Li, Wen Zheng, Chen MaAbstractThis study focuses on the relationship between bullet trains and earnings...

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Bond Pricing and Yield Curve Modeling: A Structural Approach

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Popularity Asset Pricing Model

Professor Roger Ibbotson is one of the most respected and influential researchers of the current era. His book "Stocks, Bonds, Bills, and Inflation" is a classic and often serves as a reference for...

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