Publications

by members of

Institut Européen d'Administration (INSEAD)
Fontainebleau, France

(European Institute of Business Administration))

Working papers

2008

1. Harald Hau & Helene Rey, 2008. "Global Portfolio Rebalancing Under the Microscope," NBER Working Papers 14165, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
2. Harald Hau & Helene Rey, 2008. "Home Bias at the Fund Level," NBER Working Papers 14172, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
3. Hau, Harald & Rey, Hélène, 2008. "Home Bias at the Fund Level," CEPR Discussion Papers 6721, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)

2007

1. Hau, Harald, 2007. "A Generalized Portfolio Approach to Limited Risk Arbitrage: Evidence from the MSCI Global Index Change," CEPR Discussion Papers 6094, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
2. Lucian A. Bebchuk & Martijn Cremers & Urs Peyer, 2007. "CEO Centrality," NBER Working Papers 13701, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
3. Benjamin Warr & Heinz Schandl & Robert U Ayres, 2007. "Long Term Trends in Resource Exergy Consumption and Useful Work Supplies in the UK, 1900-2000," Socio-Economics and the Environment in Discussion (SEED) Working Paper Series 2007-08, CSIRO sustainable Ecosystems. [Downloadable!]

2006

1. Lucian A. Bebchuk & Yaniv Grinstein & Urs Peyer, 2006. "Lucky CEOs," NBER Working Papers 12771, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
2. Lucian A. Bebchuk & Yaniv Grinstein & Urs Peyer, 2006. "Lucky Directors," NBER Working Papers 12811, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)

2005

1. Hau, Harald & Massa, Massimo & Peress, Joël, 2005. "Do Demand Curves for Currencies Slope Down? Evidence from the MSCI Global Index Change," CEPR Discussion Papers 4862, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
2. Joel Peress, 2005. "The Stock Market and the Allocation of Capital in a Production Economy," 2005 Meeting Papers 534, Society for Economic Dynamics.
3. Massa, Massimo & Peyer, Urs & Tong, Zhenxu, 2005. "Limits of Arbitrage and Corporate Financial Policy," CEPR Discussion Papers 4829, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)

2004

1. Hau, Harald & Rey, Hélène, 2004. "Can Portfolio Rebalancing Explain the Dynamics of Equity Returns, Equity Flows and Exchange Rates?," CEPR Discussion Papers 4517, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
2. Dunne, Peter & Hau, Harald & Moore, Michael, 2004. "Macroeconomic Order Flows: Explaining Equity and Exchange Rate Returns," CEPR Discussion Papers 4806, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
3. Harald Hau & Helene Rey, 2004. "Can Portfolio Rebalancing Explain the Dynamics of Equity Returns, Equity Flows, and Exchange Rates?," NBER Working Papers 10476, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
4. Helene Rey (Princeton) & Harald Hau (INSEAD), 2004. "Exchange rates, equity returns and capital flows," Econometric Society 2004 North American Winter Meetings 623, Econometric Society. [Downloadable!]

2003

1. Hau, Harald & Rey, Hélène, 2003. "Exchange Rates, Equity Prices and Capital Flows," CEPR Discussion Papers 3735, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
2. H.Hau & W.Killeen & M.Moore, 2003. "How has the euro Changed the Foreign Exchange Market?," DNB Staff Reports (discontinued) 79, Netherlands Central Bank. [Downloadable!]

2002

1. Hau, Harald, 2002. "The Role of Transaction Costs for Financial Volatility: Evidence from the Paris Bourse," CEPR Discussion Papers 3651, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
2. Harald Hau & Helene Rey, 2002. "Exchange Rate, Equity Prices and Capital Flows," NBER Working Papers 9398, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)

2000

1. Hau, Harald, 2000. "Real Exchange Rate Volatility and Economic Openness: Theory and Evidence," CEPR Discussion Papers 2356, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
2. Hau, Harald & Killeen, William & Moore, Michael J, 2000. "The Euro as an International Currency: Explaining Puzzling First Evidence," CEPR Discussion Papers 2510, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)

1999

1. David Ikenberry & Josef Lakonishok & Theo Vermaelen, 1999. "Stock Repurchases in Canada: Performance and Strategic Trading," NBER Working Papers 7325, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
2. Hau, Harald, 1999. "Information and Geography: Evidence from the German Stock Market," CEPR Discussion Papers 2297, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)

1997

1. Hawawini, G. & Keim, D.B., 1997. "The Cross Section of Common Stock Returns: A Review of the Evidence and Some New Findings," INSEAD 97/66, INSEAD, Centre for the Management of Environmental Resources. The European Institute of Business Administration..

1995

1. Christoff Loch, 1995. "Collaboration, Motivation, and the Size of Organizations," Working Papers _005, Xerox Research Park. [Downloadable!]

1994

1. David Ikenberry & Josef Lakonishok & Theo Vermaelen, 1994. "Market Underreaction to Open Market Share Repurchases," NBER Working Papers 4965, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)

Undated

1. Gabriel Hawawini, . "Market Efficiency and Equity Pricing: International Evidence and Implications for Global Investing," Rodney L. White Center for Financial Research Working Papers 08-88, Wharton School Rodney L. White Center for Financial Research.
2. Gabriel Hawawini & Donald B. Keim, . "The Cross Section of Common Stock Returns: A Review of the Evidence and Some New Findings," Rodney L. White Center for Financial Research Working Papers 8-99, Wharton School Rodney L. White Center for Financial Research. [Downloadable!]
3. Gabriel Hawawini & Donald B. Keim, . "On the Predictability of Common Stock Returns: World-Wide Evidence (Revised: 22-94)," Rodney L. White Center for Financial Research Working Papers 23-92, Wharton School Rodney L. White Center for Financial Research.
4. Gabriel Hawawini, . "Market Efficiency and Equity Pricing: International Evidence and Implications for Global Investing," Rodney L. White Center for Financial Research Working Papers 8-88, Wharton School Rodney L. White Center for Financial Research.
5. Gabriel Hawawini & Donald B. Keim, . "The Cross Section of Common Stock Returns: A Review of the Evidence and Some New Findings," Rodney L. White Center for Financial Research Working Papers 08-99, Wharton School Rodney L. White Center for Financial Research. [Downloadable!]
6. Gabriel Hawawini & Donald B. Keim, . "The Cross Section of Common Stock Returns: A Review of the Evidence and Some New Findings," Rodney L. White Center for Financial Research Working Papers 07-97, Wharton School Rodney L. White Center for Financial Research.
7. Gabriel Hawawini & Pierre Michel & Albert Corhay, . "A Look at the Validity of the CAPM in Light of Equity Market Anomalies: The Case of Belgian Common Stocks," Rodney L. White Center for Financial Research Working Papers 10-88, Wharton School Rodney L. White Center for Financial Research.
8. Gabriel Hawawini & Donald B. Keim, . "The Cross Section of Common Stock Returns: A Review of the Evidence and Some New Findings," Rodney L. White Center for Financial Research Working Papers 7-97, Wharton School Rodney L. White Center for Financial Research.
9. Gabriel Hawawini & Claude Viallet, . "Seasonality, Size Premium and the Relationship Between the Risk and the Return of French Common Stocks," Rodney L. White Center for Financial Research Working Papers 09-88, Wharton School Rodney L. White Center for Financial Research.
10. Gabriel Hawawini & Claude Viallet, . "Seasonality, Size Premium and the Relationship Between the Risk and the Return of French Common Stocks," Rodney L. White Center for Financial Research Working Papers 9-88, Wharton School Rodney L. White Center for Financial Research.
11. Gabriel Hawawini & Donald B. Keim, . "On the Predictability of Common Stock Returns: World-Wide Evidence (Revision of 23-92) (Reprint 054)," Rodney L. White Center for Financial Research Working Papers 22-94, Wharton School Rodney L. White Center for Financial Research.

Journal articles

2007

1. Elizabeth Demers & Philip Joos, 2007. "IPO Failure Risk," Journal of Accounting Research, Blackwell Publishing, vol. 45(2), pages 333-371, 05. [Downloadable!] (restricted)
2. Massa, Massimo & Rehman, Zahid & Vermaelen, Theo, 2007. "Mimicking repurchases," Journal of Financial Economics, Elsevier, vol. 84(3), pages 624-666, June. [Downloadable!] (restricted)

2006

1. Harald Hau & Hélène Rey, 2006. "Exchange Rates, Equity Prices, and Capital Flows," Review of Financial Studies, Oxford University Press for Society for Financial Studies, vol. 19(1), pages 273-317. [Downloadable!] (restricted)
2. Harald Hau, 2006. "The Role of Transaction Costs for Financial Volatility: Evidence from the Paris Bourse," Journal of the European Economic Association, MIT Press, vol. 4(4), pages 862-890, 06. [Downloadable!] (restricted)
3. Warr, Benjamin & Ayres, Robert, 2006. "REXS: A forecasting model for assessing the impact of natural resource consumption and technological change on economic growth," Structural Change and Economic Dynamics, Elsevier, vol. 17(3), pages 329-378, September. [Downloadable!] (restricted)

2005

1. Peyer, Urs C. & Vermaelen, Theo, 2005. "The many facets of privately negotiated stock repurchases," Journal of Financial Economics, Elsevier, vol. 75(2), pages 361-395, February. [Downloadable!] (restricted)
2. Tod Perry & Urs Peyer, 2005. "Board Seat Accumulation by Executives: A Shareholder's Perspective," Journal of Finance, American Finance Association, vol. 60(4), pages 2083-2123, 08. [Downloadable!] (restricted)
3. Ayres, Robert U. & Warr, Benjamin, 2005. "Accounting for growth: the role of physical work," Structural Change and Economic Dynamics, Elsevier, vol. 16(2), pages 181-209, June. [Downloadable!] (restricted)

2004

1. Hillion, Pierre & Vermaelen, Theo, 2004. "Death spiral convertibles," Journal of Financial Economics, Elsevier, vol. 71(2), pages 381-415, February. [Downloadable!] (restricted)
2. Joël Peress, 2004. "Wealth, Information Acquisition, and Portfolio Choice," Review of Financial Studies, Oxford University Press for Society for Financial Studies, vol. 17(3), pages 879-914. [Downloadable!] (restricted)
3. Harald Hau & Helene Rey, 2004. "Can Portfolio Rebalancing Explain the Dynamics of Equity Returns, Equity Flows, and Exchange Rates?," American Economic Review, American Economic Association, vol. 94(2), pages 126-133, May. [Downloadable!] (restricted)
4. Triantafilis, J. & Odeh, I. O. A. & Warr, B. & Ahmed, M. F., 2004. "Mapping of salinity risk in the lower Namoi valley using non-linear kriging methods," Agricultural Water Management, Elsevier, vol. 69(3), pages 203-231, October. [Downloadable!] (restricted)

2003

1. Demers, Elizabeth & Lewellen, Katharina, 2003. "The marketing role of IPOs: evidence from internet stocks," Journal of Financial Economics, Elsevier, vol. 68(3), pages 413-437, June. [Downloadable!] (restricted)
2. van Bommel, Jos & Vermaelen, Theo, 2003. "Post-IPO capital expenditures and market feedback," Journal of Banking & Finance, Elsevier, vol. 27(2), pages 275-305, February. [Downloadable!] (restricted)

2002

1. Elizabeth Demers, 2002. "Discussion of High-Technology Intangibles and Analysts' Forecasts," Journal of Accounting Research, Blackwell Publishing, vol. 40(2), pages 313-319, 05. [Downloadable!] (restricted)
2. P. Raghavendra Rau & Theo Vermaelen, 2002. "Regulation, Taxes, and Share Repurchases in the United Kingdom," Journal of Business, University of Chicago Press, vol. 75(2), pages 245-282, April. [Downloadable!]
3. Hau, Harald, 2002. "Real Exchange Rate Volatility and Economic Openness: Theory and Evidence," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 34(3), pages 611-30, August.
4. Hau, Harald & Killeen, William & Moore, Michael, 2002. "The euro as an international currency: explaining puzzling first evidence from the foreign exchange markets," Journal of International Money and Finance, Elsevier, vol. 21(3), pages 351-383, June. [Downloadable!] (restricted)
5. Harald Hau & William Killeen & Michael Moore, 2002. "How has the euro changed the foreign exchange market?," Economic Policy, CEPR, CES, MSH, vol. 17(34), pages 149-192, 04. [Downloadable!] (restricted)

2001

1. Kevin MJ Kaiser & Aris Stouraitis, 2001. "Reversing Corporate Diversification and the Use of the Proceeds from Asset Sales: The Case of Thorn EMI," Financial Management, Financial Management Association, vol. 30(4), Winter.
2. Hau, Harald, 2001. "Geographic patterns of trading profitability in Xetra," European Economic Review, Elsevier, vol. 45(4-6), pages 757-769, May. [Downloadable!] (restricted)
3. Harald Hau, 2001. "Location Matters: An Examination of Trading Profits," Journal of Finance, American Finance Association, vol. 56(5), pages 1959-1983, October. [Downloadable!] (restricted)
4. Peyer, Urs C. & Shivdasani, Anil, 2001. "Leverage and internal capital markets: evidence from leveraged recapitalizations," Journal of Financial Economics, Elsevier, vol. 59(3), pages 477-515, March. [Downloadable!] (restricted)

2000

1. Loch, Christoph H. & Huberman, Bernardo A. & Stout, Suzanne, 2000. "Status competition and performance in work groups," Journal of Economic Behavior & Organization, Elsevier, vol. 43(1), pages 35-55, September. [Downloadable!] (restricted)
2. David Ikenberry & Josef Lakonishok & Theo Vermaelen, 2000. "Stock Repurchases in Canada: Performance and Strategic Trading," Journal of Finance, American Finance Association, vol. 55(5), pages 2373-2397, October. [Downloadable!] (restricted)
3. Hau, Harald, 2000. "Exchange rate determination: The role of factor price rigidities and nontradeables," Journal of International Economics, Elsevier, vol. 50(2), pages 421-447, April. [Downloadable!] (restricted)
4. Harald Hau & Marcel Thum, 2000. "Lawyers, Legislation and Social Welfare," European Journal of Law and Economics, Springer, vol. 9(3), pages 231-254, May. [Downloadable!] (restricted)

1998

1. Raghavendra Rau, P. & Vermaelen, Theo, 1998. "Glamour, value and the post-acquisition performance of acquiring firms1," Journal of Financial Economics, Elsevier, vol. 49(2), pages 223-253, August. [Downloadable!] (restricted)
2. Hau, Harald, 1998. "Privatization under political interference: Evidence from Eastern Germany," European Economic Review, Elsevier, vol. 42(7), pages 1177-1201, July. [Downloadable!] (restricted)
3. Hau, Harald, 1998. "Competitive Entry and Endogenous Risk in the Foreign Exchange Market," Review of Financial Studies, Oxford University Press for Society for Financial Studies, vol. 11(4), pages 757-87.

1996

1. Kevin M.J. Kaiser, 1996. "European Bankruptcy Laws: Implications for Corporations Facing Financial Distress," Financial Management, Financial Management Association, vol. 25(3), Fall.
2. Kabir, Rezaul & Vermaelen, Theo, 1996. "Insider trading restrictions and the stock market: Evidence from the Amsterdam Stock Exchange," European Economic Review, Elsevier, vol. 40(8), pages 1591-1603, November. [Downloadable!] (restricted)
3. David L. Ikenberry & Theo Vermaelen, 1996. "The Option to Repurchase Stock," Financial Management, Financial Management Association, vol. 25(4), Winter.

1995

1. Ikenberry, David & Lakonishok, Josef & Vermaelen, Theo, 1995. "Market underreaction to open market share repurchases," Journal of Financial Economics, Elsevier, vol. 39(2-3), pages 181-208. [Downloadable!] (restricted)

1994

1. Hawawini, Gabriel, 1994. "Equity price behavior: Some evidence from markets around the world," Journal of Banking & Finance, Elsevier, vol. 18(4), pages 603-620, September. [Downloadable!] (restricted)

1991

1. Hulle, Cynthia Van & Vermaelen, Theo & Wouters, Paul de, 1991. "Regulation, taxes and the market for corporate control in Belgium," Journal of Banking & Finance, Elsevier, vol. 15(6), pages 1143-1170, December. [Downloadable!] (restricted)

1990

1. Lakonishok, Josef & Vermaelen, Theo, 1990. " Anomalous Price Behavior around Repurchase Tender Offers," Journal of Finance, American Finance Association, vol. 45(2), pages 455-77, June. [Downloadable!] (restricted)

1987

1. Corhay, Albert & Hawawini, Gabriel & Michel, Pierre, 1987. " Seasonality in the Risk-Return Relationship: Some International Evidence," Journal of Finance, American Finance Association, vol. 42(1), pages 49-68, March. [Downloadable!] (restricted)
2. Vanthienen, Lambert & Vermaelen, Theo, 1987. "The effect of personal taxes on common stock prices : The case of a Belgian tax reform," Journal of Banking & Finance, Elsevier, vol. 11(2), pages 223-244, June. [Downloadable!] (restricted)

1986

1. Hawawini, Gabriel, 1986. "The geometry of risk aversion: A Pedagogic note," Journal of Economics and Business, Elsevier, vol. 38(2), pages 93-104, May. [Downloadable!] (restricted)
2. Eckel, Catherine C & Vermaelen, Theo, 1986. "Internal Regulation: The Effects of Government Ownership on the Value of the Firm," Journal of Law & Economics, University of Chicago Press, vol. 29(2), pages 381-403, October.
3. Lakonishok, Josef & Vermaelen, Theo, 1986. "Tax-induced trading around ex-dividend days," Journal of Financial Economics, Elsevier, vol. 16(3), pages 287-319, July. [Downloadable!] (restricted)

1985

1. Hawawini, Gabriel A. & Michel, Pierre A. & Corhay, Albert, 1985. "New evidence on beta stationarity and forecast for belgian common stocks," Journal of Banking & Finance, Elsevier, vol. 9(4), pages 553-560, December. [Downloadable!] (restricted)
2. Langohr, Herwig & Santomero, Anthony M, 1985. "The Extent of Equity Investment by European Banks: A Note," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 17(2), pages 243-52, May. [Downloadable!] (restricted)

1984

1. Hawawini, Gabriel, 1984. "Uncertainty and the Production Decisions of Owner-Managed and Labor-Managed Firms," Oxford Economic Papers, Oxford University Press, vol. 36(1), pages 119-30, March. [Downloadable!] (restricted)
2. Hawawini, Gabriel, 1984. "On the relationship between Macaulay's bond duration and the term to maturity," Economics Letters, Elsevier, vol. 16(3-4), pages 331-337. [Downloadable!] (restricted)

1983

1. Hawawini, Gabriel A. & Vora, Ashok, 1983. "Temporal aggregation and the strength of the association between securities' risk and return," Economics Letters, Elsevier, vol. 11(3), pages 269-278. [Downloadable!] (restricted)
2. Hawawini, Gabriel A. & Michel, Pierre A., 1983. "The effect of production uncertainty on the labor-managed firm," Journal of Comparative Economics, Elsevier, vol. 7(1), pages 25-42, March. [Downloadable!] (restricted)
3. Cohen, Kalman J. & Hawawini, Gabriel A. & Maier, Steven F. & Schwartz, Robert A. & Whitcomb, David K., 1983. "Friction in the trading process and the estimation of systematic risk," Journal of Financial Economics, Elsevier, vol. 12(2), pages 263-278, August. [Downloadable!] (restricted)
4. Lakonishok, Josef & Vermaelen, Theo, 1983. " Tax Reform and Ex-Dividend Day Behavior," Journal of Finance, American Finance Association, vol. 38(4), pages 1157-79, September. [Downloadable!] (restricted)
5. Bjerring, James H & Lakonishok, Josef & Vermaelen, Theo, 1983. " Stock Prices and Financial Analysts' Recommendations," Journal of Finance, American Finance Association, vol. 38(1), pages 187-204, March. [Downloadable!] (restricted)

1982

1. Hawawini, Gabriel A & Vora, Ashok, 1982. " Yield Approximations: A Historical Perspective," Journal of Finance, American Finance Association, vol. 37(1), pages 145-56, March. [Downloadable!] (restricted)
2. Hawawini, Gabriel A. & Michel, Pierre A., 1982. "The pricing of risky assets on the Belgian stock market," Journal of Banking & Finance, Elsevier, vol. 6(2), pages 161-178, June. [Downloadable!] (restricted)
3. Langohr, Herwig, 1982. "Eurobanking, open market operations and the monetary base," European Economic Review, Elsevier, vol. 17(2), pages 231-251. [Downloadable!] (restricted)

1981

1. Vermaelen, Theo, 1981. "Common stock repurchases and market signalling : An empirical study," Journal of Financial Economics, Elsevier, vol. 9(2), pages 139-183, June. [Downloadable!] (restricted)

1980

1. Hawawini, Gabriel A. & Vora, Ashok, 1980. "Temporal aggregation and the estimation of the market price of risk," Economics Letters, Elsevier, vol. 5(2), pages 165-170. [Downloadable!] (restricted)
2. Hawawini, Gabriel A., 1980. "Multiple variable factors, demand uncertainty, and the cooperative firm," Economics Letters, Elsevier, vol. 5(1), pages 15-19. [Downloadable!] (restricted)

1979

1. Hawawini, Gabriel A., 1979. "The time-covariance function : Properties and application," Economics Letters, Elsevier, vol. 2(3), pages 235-238. [Downloadable!] (restricted)

1978

1. Hawawini, Gabriel A., 1978. "A note on temporal aggregation and serial correlation," Economics Letters, Elsevier, vol. 1(3), pages 237-242. [Downloadable!] (restricted)

Software components

2008

1. Amine Ouazad, 2008. "A2REG: Stata module to estimate models with two fixed effects," Statistical Software Components S456942, Boston College Department of Economics. [Downloadable!]
2. Amine Ouazad, 2008. "_PEERS: Stata module to allow egen to compute the average characteristics of peers in a given unit (school, firm, etc.) specified by by()," Statistical Software Components S45696, Boston College Department of Economics. [Downloadable!]

This page was last updated on 2008-8-3.