Content
April 2014, Volume 38, Issue 2
- 235-268 Investigating the PPP hypothesis using constructed U.S. dollar equilibrium exchange rate misalignments over the post-bretton woods period
by Axel Grossmann & Marc Simpson & Teofilo Ozuna - 269-286 Acquisitions of family owned firms: boon or bust?
by Kimberly Gleason & Anita Pennathur & Joan Wiggenhorn - 287-301 The determinants of business start-ups in tertiary education: evidence for Greece through a panel data approach
by Nicholas Apergis & Irene Fafaliou - 302-320 Stock markets, banks and the sources of economic growth in low and high income countries
by Felix Rioja & Neven Valev - 321-344 Subprime lending over time: the role of race
by Marvin Smith & Christy Hevener - 345-358 A road to assimilation: immigrants and financial markets
by Swarnankur Chatterjee & Velma Zahirovic-Herbert
January 2014, Volume 38, Issue 1
- 1-26 Euro conversion and return dynamics of European financial markets: a frequency domain approach
by Axel Grossmann & Emiliano Giudici & Marc Simpson - 27-52 The influence of industry concentration on merger motives—empirical evidence from machinery industry mergers
by Florian Geiger & Dirk Schiereck - 53-70 The impact of governance characteristics on the stock price of cross listed companies
by Inga Chira - 71-83 Budget deficits and real interest rates: a regime-switching reflection on Ricardian Equivalence
by Daniel Choi & Mark Holmes - 84-95 Interest-rate and calendar-time effects in money market fund and bank deposit cash flows
by Vladimir Kotomin & Stanley Smith & Drew Winters - 96-118 OPEC and political considerations when deciding on oil extraction
by Khalid Kisswani - 119-132 A nonparametric approach to market timing: evidence from Spanish mutual funds
by José Alvarez & Laura Andreu & Cristina Ortiz & José Sarto - 133-149 Hedge funds, fund attributes and risk adjusted returns
by Gökçe Soydemir & Jan Smolarski & Sangheon Shin - 150-163 Similarities in fan preferences for minor-league baseball across the American Southeast
by Tyler Anthony & Tim Kahn & Briana Madison & Rodney Paul & Andrew Weinbach - 164-180 Empirical analysis of the impact of cigarette excise taxes on cigarette consumption: estimates from recent state-level data
by Richard Cebula & Maggie Foley & Robert Houmes
October 2013, Volume 37, Issue 4
- 479-494 Simultaneous dependence between firm-level stock returns
by Kenneth Moon & James LeSage - 495-510 A comparison of corporate versus government bond funds
by George Comer & Javier Rodriguez - 511-527 Are commercial bank lending propensities useful in understanding small firm finance?
by James McNulty & Marina Murdock & Nivine Richie - 528-546 The effect of banking market structure on the volatility of growth of manufacturing sectors in developing countries
by Indrit Hoxha - 547-559 Dividend growth, stock valuation, and long-run risk
by Claude Bergeron - 560-583 Top performing banks: the benefits to investors
by Greg Filbeck & Dianna Preece & Xin Zhao - 584-605 The effects of listing changes between NASDAQ market segments
by Wenbin Tang & Hoang Nguyen & Van Nguyen - 606-621 The role of fixed capital depreciations for TFP growth: evidence from firm level panel data estimates
by Nicholas Apergis & John Sorros - 622-636 Gender dynamics and smoking prevalence in Japan
by Rajeev Goel & Xingyuan Zhang
July 2013, Volume 37, Issue 3
- 319-338 FDI activity and worker compensation: evidence from US non-manufacturing industries
by Özlem Eren & James Peoples - 339-374 Investment banks advising takeover targets
by Qingzhong Ma - 375-401 Myopia and pensions in general equilibrium
by Frank Caliendo & Emin Gahramanov - 402-423 Carry-trades on the yen and the Swiss franc: are they different?
by André Mollick & Tibebe Assefa - 424-441 Remittances and economic growth in Africa, Asia, and Latin American-Caribbean countries: a panel unit root and panel cointegration analysis
by Christian Nsiah & Bichaka Fayissa - 442-452 Exchange rate volatility and demand for money in less developed countries
by Sahar Bahmani - 453-462 The influence of ETFs on the price discovery of gold, silver and oil
by Stoyu Ivanov - 463-477 Broadcast meteorology and the supply of weather forecasts: an exploration
by Daniel Sutter
April 2013, Volume 37, Issue 2
- 159-172 An examination of ex-ante factors and their influence on equity carve-out long-term performance
by Thomas Thompson - 173-187 Economic freedom and the mispricing of single-state municipal bond closed-end funds
by Samuel Jones & Michael Stroup - 188-199 The effects of cash holdings on corporate performance during a credit crunch: evidence from the sub-prime mortgage crisis
by Frederick Adjei - 200-215 Economic policy and the presidential election cycle in stock returns
by Ray Sturm - 216-239 Stochastic volatility model under a discrete mixture-of-normal specification
by Dinghai Xu & John Knight - 240-252 Expectancy balance model for cash flow
by Marcos Melo & Feruccio Bilich - 253-273 Daily momentum profits with firm characteristics and investors’ optimism in the Taiwan market
by Chiao-Yi Chang - 274-292 Cross-listing in the home market after going public in the U.S
by Yaseen Alhaj-Yaseen - 293-307 Volatility, trade size, and order imbalance in China and Japan exchange traded funds
by Valeria Martinez & Yiuman Tse & Jullavut Kittiakarasakun - 308-317 Do MNCs spur financial markets in corrupt host countries?
by Mohsen Bahmani-Oskooee & Shady Kholdy & Ahmad Sohrabian
January 2013, Volume 37, Issue 1
- 1-32 Financial liberalization and firms’ capital structure adjustments evidence from Southeast Asia and South America
by Rashid Ameer - 33-61 Information markets, product markets and vertical merger
by Jihui Chen & Qihong Liu - 62-79 Uncertainty and risk premium puzzle
by Heeho Kim - 80-99 Informational externalities of initial public offerings: Does venture capital backing matter?
by Carmen Cotei & Joseph Farhat - 100-121 Crack spread option pricing with copulas
by Hemantha Herath & Pranesh Kumar & Amin Amershi - 122-135 The productivity and performance of Australia’s major banks since deregulation
by Malcolm Abbott & Su Wu & Wei Wang - 136-149 The Fed’s TRAP
by Alexander Erler & Christian Drescher & Damir Križanac - 150-157 A note on the evaluation of long-run investment decisions using the sharpe ratio
by Ken Johnston & John Hatem & Elton Scott
October 2012, Volume 36, Issue 4
- 781-821 Incentive to manipulate earnings and its connection to analysts’ forecasts, trading, and corporate governance
by Deniz Igan & Marcelo Pinheiro - 822-849 Information effects of announced stock index additions: evidence from S&P 400
by Marek Marciniak - 850-867 Information dynamics effects from major world markets to SAARC nations
by Vivek Bhargava & Akash Dania - 868-881 A model for risky cash flows and tax shields
by Howard Qi & Sheen Liu & Dean Johnson - 882-899 Managerial hedging ability and firm risk
by Lee Dunham - 900-924 Does mandatory disclosure affect subprime lending to minority neighborhoods?
by Zsuzsa Huszár & George Lentz & Wei Yu - 925-936 Recent evidence on determinants of per residential customer electricity consumption in the U.S.: 2001-2005
by Richard Cebula
July 2012, Volume 36, Issue 3
- 521-554 Dutch-auction IPOs: institutional development and underpricing performance
by Mary Robinson & Richard Robinson - 555-586 Impact of exchange rate volatility on commodity trade between U.S. and China: is there a third country effect
by Mohsen Bahmani-Oskooee & Jia Xu - 587-612 Why do banks acquire non-banks?
by Maretno Harjoto & Ha-Chin Yi & Tosporn Chotigeat - 613-633 Re-examination of industry effects due to withdrawn mergers
by Jeff Madura & Thanh Ngo - 634-661 Explanation for market response to seasoned equity offerings
by Robert Hull & Sungkyu Kwak & Rosemary Walker - 662-674 Bankruptcy behavior in the NFL: does the overtime structure change the strategy of the game?
by Kurt Rotthoff - 675-690 An empirical analysis of mean reversion of the S&P 500’s P/E ratios
by Ralf Becker & Junsoo Lee & Benton Gup - 691-711 Currency depreciation effects on ADR returns: evidence from Latin America
by Omar Esqueda & Dave Jackson - 712-727 Sudden equity price declines and the flight-to-safety phenomenon: additional evidence using daily data
by Joe Brocato & Kenneth Smith - 728-749 An entropy approach to size and variance heterogeneity in U.S. commercial banks
by Lakshmi Balasubramanyan & Spiro Stefanou & Jeffrey Stokes - 750-765 Principal component analysis of yield curve movements
by Joel Barber & Mark Copper - 766-779 Oil prices and exchange rates in oil-exporting countries: evidence from TAR and M-TAR models
by Hassan Mohammadi & Mohammad Jahan-Parvar
April 2012, Volume 36, Issue 2
- 261-281 The impact of security concentration on adverse selection costs and liquidity: an examination of exchange traded funds
by Kenneth Small & James Wansley & Matthew Hood - 282-302 Stock market return and volatility: day-of-the-week effect
by M. Berument & Nukhet Dogan - 303-318 A model of promotion and relegation in league sports
by John Jasina & Kurt Rotthoff - 319-334 On the feasibility of monetary union among Gulf Cooperation Council (GCC) countries: does the symmetry of shocks extend to the non-oil sector?
by Rosmy Jean Louis & Faruk Balli & Mohamed Osman - 335-350 A panel data analysis for housing affordability in Taiwan
by I-Chun Tsai & Chien-Wen Peng - 351-370 A vector-autoregression analysis of credit and liquidity factor dynamics in US LIBOR and Euribor swap markets
by Finbarr Murphy & Bernard Murphy - 371-399 Executive compensation and gender: S&P 1500 listed firms
by João Vieito & Walayet Khan - 400-423 Long-term reactions to large stock price declines and increases in the European stock market: a note on market efficiency
by Achim Himmelmann & Dirk Schiereck & Marc Simpson & Moritz Zschoche - 424-442 Determinants of the medium of payment used to acquire privately-held targets
by Jeff Madura & Thanh Ngo - 443-462 Not paying dividends? A decomposition of the decline in dividend payers
by Candra Chahyadi & Jesus Salas - 463-480 On the cointegration of international stock indices
by Richard Fu & Marco Pagani - 481-498 The effects of age, experience and managers upon baseball performance
by Berna Demiralp & Christopher Colburn & James Koch - 499-519 How do quotes and prices evolve around isolated informed trades?
by A. Inci & H. Seyhun - 520-520 Erratum to: The interaction of corporate dividend policy and capital structure decisions under differential tax regimes
by Ufuk Ince & James Owers
January 2012, Volume 36, Issue 1
- 1-32 Analysing contagion and bailout effects with copulae
by Gregor Weiß - 33-57 The interaction of corporate dividend policy and capital structure decisions under differential tax regimes
by Ufuk Ince & James Owers - 58-92 Financing professional partnerships
by Linus Wilson - 93-105 Which implied volatility provides the best measure of future volatility?
by Guan Wang & Pierre Yourougou & Yue Wang - 106-122 Speculating on presidential success: exploring the link between the price–earnings ratio and approval ratings
by Tomasz Wisniewski & Geoffrey Lightfoot & Simon Lilley - 123-135 Sportsbook pricing and the behavioral biases of bettors in the NHL
by Rodney Paul & Andrew Weinbach - 136-147 The nexus between exchange rates and stock markets: evidence from the euro-dollar rate and composite European stock indices using rolling analysis
by Christos Kollias & Nikolaos Mylonidis & Suzanna-Maria Paleologou - 148-161 Revisiting the forward—spot relation: an application of the nonparametric long-run correlation coefficient
by Angelos Kanas & Christos Ioannidis - 162-175 The value of the option to preserve farm real estate
by Jeffrey Stokes - 176-189 Debt dependence and corporate performance in a financial crisis: evidence from the sub-prime mortgage crisis
by Frederick Adjei - 190-200 Social identity and schooling inequality
by Edward Nissan & George Carter - 201-210 The effect of the Kyoto Protocol on carbon dioxide emissions
by Risa Kumazawa & Michael Callaghan - 211-225 The housing bubble in real-time: the end of innocence
by Rolando Peláez - 226-237 GDP trend deviations and the yield spread: the case of eight E.U. countries
by Periklis Gogas & Ioannis Pragidis - 238-248 Migration and public policies: a further empirical analysis
by Richard Cebula & Usha Nair-Reichert - 249-260 Relating economic infrastructure indexes to investor protection for selected emerging economies
by Farhang Niroomand & Edward Nissan
October 2011, Volume 35, Issue 4
- 371-381 Dangers of commitment under rational expectations
by George Waters - 382-416 Market impact of international sporting and cultural events
by António Martins & Ana Serra - 417-433 Predictability of the U.S. Dollar Index using a U.S. export and import price index-based relative PPP model
by Axel Grossmann & Marc Simpson - 434-455 The patterns of cross-border portfolio investments in the GCC region: do institutional quality and the number of expatriates play a role?
by Faruk Balli & Rosmy Louis & Mohammad Osman - 456-472 Dynamics of floating exchange rate: how important are capital flows relative to macroeconomic fundamentals?
by Wei Sun & Lian An - 473-483 Credit ratings and long-term IPO performance
by Kam Chan & Yung Lo - 484-489 Will export taxes replace VERs?
by David Franck & Nadeem Naqvi
July 2011, Volume 35, Issue 3
- 239-259 Business cycle and aggregate industry mergers
by Srdan Komlenovic & Abdullah Mamun & Dev Mishra - 260-273 Temporary open market operation on MBS repos: any foreshadowing of the financial crisis of 2008?
by Ozgur Akay & Drew Winters - 274-295 Minimax price bounds in incomplete markets
by Unyong Pyo - 296-308 Mean reversion and long memory in African stock market prices
by Emmanuel Anoruo & Luis Gil-Alana - 309-331 Jump risk and cross section of stock returns: evidence from China’s stock market
by Haigang Zhou & John Zhu - 332-347 Monday returns and asset pricing
by Jorge Brusa & Wayne Lee & Pu Liu - 348-360 Financial development and economic growth in Vietnam
by Sajid Anwar & Lan Nguyen - 361-369 Bank loan commitments and Material Adverse Change clause
by Chung Baek & Jongwook Reem & Thomas Jackman
April 2011, Volume 35, Issue 2
- 123-148 A Bayesian analysis of market information linkages among NAFTA countries using a multivariate stochastic volatility model
by Petra Fleischer & Ross Maller & Gernot Müller - 149-163 On the financial characteristics of firms that initiated new dividends during a period of economic recession and financial market turmoil
by Bruce Payne - 164-180 The wisdom of the few or the wisdom of the many? An indirect test of the marginal trader hypothesis
by Calvin Blackwell & Robert Pickford - 181-197 The exchange traded funds’ pricing deviation: analysis and forecasts
by Richard DeFusco & Stoyu Ivanov & Gordon Karels - 198-210 Timing of price clustering and trader behavior in the foreign exchange market: evidence from Taiwan
by Hao-Chen Liu - 211-237 Sarbanes-Oxley wealth effects: focus on technology firms
by Aigbe Akhigbe & Anna Martin & Melinda Newman
January 2011, Volume 35, Issue 1
- 1-21 Do size and unobservable company factors explain stock price reversals?
by Robert Cressy & Hisham Farag - 22-40 Some causes of interstate differences in community bank performance
by Albert DePrince & William Ford & Pamela Morris - 41-70 Can overconfidence explain the consumption hump?
by Shantanu Bagchi - 71-78 News and noise: do investors react to stock split announcements differently during periods of high and low market volatility?
by Steve Johnson & Robert Stretcher - 79-92 The sub-prime mortgage crisis and the changing value of cash
by Frederick Adjei - 93-103 Golden eggs versus plastic eggs: hyperbolic preferences and the persistence of debit
by Amanda King & John King - 104-115 Board independence and market reactions around news of stock option backdating
by Zahid Iqbal & Kun Wang & Sewon O - 116-122 Regional information and market efficiency: the case of spread betting in United States college football
by Daniel Kuester & Shane Sanders
October 2010, Volume 34, Issue 4
- 365-390 Patent citations, technology diffusion, and international trade: evidence from Asian countries
by Shoji Haruna & Naoto Jinji & Xingyuan Zhang - 391-414 Modeling the time to an initial public offering: When does the fruit ripen?
by Yamin Ahmad & Russell Kashian - 415-429 How well is productivity being priced?
by Lakshmi Balasubramanyan & Ramesh Mohan - 430-454 Contrarian strategies and investor overreaction under price limits
by Anchor Lin & Peggy Swanson - 455-467 Price discovery in the Indian gold futures market
by Pantisa Pavabutr & Piyamas Chaihetphon - 468-470 Introduction to the symposium on mathematics and economics: some perspectives from the Mathematical Association of America Curriculum Foundation seminar
by Richard Vogel & James Payne - 471-476 The state of mathematics education today: what happens in the math classroom
by Sheldon Gordon - 477-483 Problem-based learning: merging of economics and mathematics
by Rae Goodman - 484-488 Teaching across disciplines: using collaborative instruction in undergraduate education
by Roberta Schroder
July 2010, Volume 34, Issue 3
- 229-256 The economic profitability of pre-IPO earnings management and IPO underperformance
by Yan Xiong & Haiyan Zhou & Sanjay Varshney - 257-268 An investigation of the weekend effect during different market orientations
by Denis Boudreaux & Spuma Rao & Phillip Fuller - 269-283 Bequest motives and household money demand
by Jan Tin - 284-300 Autocorrelation, return horizons, and momentum in stock returns
by Ming-Shiun Pan - 301-307 Recent evidence on the impact of government budget deficits on the ex ante real interest rate yield on Moody’s Baa-rated corporate bonds
by Richard Cebula & Pablo Cuellar - 308-325 The joint decision to manage earnings through discretionary accruals and asset sales around insider trading: Taiwan evidence
by Chih-Jen Huang - 326-348 New evidence on shareholder wealth effects in bank mergers during 1980-2000
by Adel Al-Sharkas & M. Hassan - 349-364 The strength and source of asymmetric international diversification
by Leyuan You & Robert Daigler
April 2010, Volume 34, Issue 2
- 113-141 Open interest, volume, and volatility: evidence from Taiwan futures markets
by Stéphane Yen & Ming-Hsiang Chen - 142-149 Unemployment and compensating wages: an analysis of shift work
by Ronald DeBeaumont & Christian Nsiah - 150-172 An analysis of Australian exchange traded options and warrants
by William Bertin & Paul Fowler & David Michayluk & Laurie Prather - 173-186 Distribution of income and expenditures across nations
by Edward Nissan & Farhang Niroomand - 187-195 Covariance estimation: do new methods outperform old ones?
by Lan Liu & Hao Lin - 196-217 Do Wall Street economists believe in Okun’s Law and the Taylor Rule?
by Karlyn Mitchell & Douglas Pearce - 218-227 Openness and the speed of adjustment in the money market
by Sahar Bahmani
January 2010, Volume 34, Issue 1
- 1-22 Mad Money stock recommendations: market reaction and performance
by Terrill Keasler & Chris McNeil - 23-29 Income smoothing and foreign asset holdings
by Faruk Balli & Rosmy Louis & Mohammad Osman - 30-45 Market undervaluation of risky convertible offerings: Evidence from the airline industry
by Vitaly Guzhva & Kseniya Beltsova & Vladimir Golubev - 46-60 Academic content, research productivity, and tenure
by Jorge Brusa & Michael Carter & George Heilman - 61-88 The long-term success of M&A in the automotive supply industry: determinants of capital market performance
by Jan-Peer Laabs & Dirk Schiereck - 89-95 A note on the relation between the equity risk premium and the term structure
by Angelos Kanas - 96-112 Are day traders bias free?—evidence from internet stock message boards
by Ying Zhang & Peggy Swanson
October 2009, Volume 33, Issue 4
- 331-363 Spillover effects on government bond yields in euro zone. Does full financial integration exist in European government bond markets?
by Faruk Balli - 364-375 Multiple shifts and fractional integration in the US and UK unemployment rates
by Guglielmo Caporale & Luis Gil-Alana - 376-392 Does time have value? An empirical examination of the put option embedded in refundable U.S. air fares
by Ray Sturm & Drew Winters - 393-409 Real exchange rate, stationarity, and economic fundamentals
by Angelos Kanas - 410-421 Predicting stock splits with the help of firm-specific experiences
by Kevin Krieger & David Peterson - 422-436 Age, investing horizon and asset allocation
by James Dow
July 2009, Volume 33, Issue 3
- 223-245 Market reactions to announcements to expense options
by Larry Prather & Ting-Heng Chu & Paul Bayes - 246-258 Economic freedom: a comparative study
by Rolando Peláez - 259-272 Deposit rate sensitivity of credit union shares
by Liliana Stern & Steve Swidler & Christoph Hinkelmann - 273-287 US elections and monthly stock market returns
by Steven Jones & Kevin Banning - 288-315 Structural changes, market growth and productivity gains of the US real estate investment trusts in the 1990s
by John Topuz & Ihsan Isik - 316-323 Foreign direct investment and its impact on the Thai economy: the role of financial development
by James Ang - 324-329 The Obama effect
by Dennis Halcoussis & Anton Lowenberg & G. Phillips
April 2009, Volume 33, Issue 2
- 111-127 The relation between the equity risk premium and the bond maturity premium in the UK: 1900–2006
by Angelos Kanas - 128-147 An examination of the performance and prospects for the future of internet-primary banks
by Ken Cyree & Natalya Delcoure & Ross Dickens - 148-160 Specialization of state sectoral employment
by Edward Nissan & George Carter - 161-175 Entrenched management, capital structure changes and firm value
by Leonard Lundstrum - 176-188 The Feldstein–Horioka puzzle in Latin American and Caribbean countries: a panel cointegration analysis
by N. Vasudeva Murthy - 189-221 Convertibles and milestones in staged financing
by Lanfang Wang & Susheng Wang
January 2009, Volume 33, Issue 1
- 1-12 Do liquidity induced changes in aggregate dividends signal aggregate future earnings growth?
by Christi Wann & D. Long - 13-26 A multivariate unobserved component analysis of US housing market
by Mohamadou Fadiga & Yongsheng Wang - 27-42 Agency problems in tracking stock and minority carve-out decisions: Explaining the discrepancy in short- and long-term performances
by Wei He & Tarun Mukherjee & Peihwang Wei - 43-59 The permanent income hypothesis in five major industrial countries: a multivariate trend-cycle decomposition test
by Hassan Shirvani & Barry Wilbratte - 60-70 How useful are signals? A micro-structure analysis
by Michele O’Neill & Judith Swisher - 71-79 Equilibrium exchange rates in oil-exporting countries
by Iikka Korhonen & Tuuli Juurikkala - 80-99 On understanding mutual fund terminations
by Qiang Bu & Nelson Lacey - 100-110 Inter-industry differences in layoff announcement effects for financial institutions
by Julie Cagle & Amit Sen & James Pawlukiewicz
October 2008, Volume 32, Issue 4
- 311-323 How to value a life
by W. Viscusi - 324-329 Introduction to the special issue in honor of Richard Abel Musgrave
by Attiat Ott & Richard Cebula - 330-333 A tribute to Richard Abel Musgrave
by Attiat Ott & Robert Solow & Henry Aaron & Martin Feldstein & Oliver Oldman & Paul Samuelson - 334-339 Public finance and three branch model
by Richard Musgrave - 340-347 Comments on two Musgravian concepts
by Peggy Musgrave - 348-355 Musgrave’s vision of the public sector: the complex relationship between individual, society and state in public good theory
by Karl Case - 356-367 The public economics of self control
by Sang Bae & Attiat Ott - 368-379 The relative decline of a Musgrave ‘Merit Good:’ the case of public support of flagship public universities
by James Koch - 380-393 State-imposed solutions to negative externalities: employment impact of pollution abatement policy
by Richard Cebula & Jay Carmichael & Holly Meads - 394-408 “A reappraisal of social security financing”—revisited
by Alicia Munnell - 409-425 The behavioral justification for public pensions: a survey
by T. Findley & Frank Caliendo