Publications

by members of

School of Banking and Finance
Australian School of Business
University of New South Wales
Sydney, Australia

Working papers

2005

1. Brian M Lucey & Suk-Joong Kim & Eliza Wu, 2005. "Dynamics of Bond Market Integration between Existing And Accession EU Countries," The Institute for International Integration Studies Discussion Paper Series iiisdp025, IIIS. [Downloadable!]

2003

1. Robert de Rozario, 2003. "On Higher Derivatives of Expectations," Risk and Insurance 0308001, EconWPA. [Downloadable!]

2001

1. Peter L. Swan & Joakim Westerholm, 2001. "The Impact Of Transaction Costs On Turnover And Asset Prices; The Cases Of Sweden'S And Finland'S Security Transaction Tax Reductions," Departmental Working Papers 144, Tor Vergata University, CEIS. [Downloadable!]

1999

1. Kim, S.J. & Kortian, T. & Sheen, J., 1999. "Central Bank Intervention and Exchange Rate Volatility- Australian Evidence," Papers 99-05, Sydney - Department of Economics.
2. Kim, S.-J. & Sheen, J., 1999. "Minute-by-Minute Dynamics of the Australian Bond Futures Market in Response to New Macroeconomic Information," Papers 99-18, Sydney - Department of Economics.
3. Kim, S.-J. & Sheen, J., 1999. "The Determinants of Foreign Exchange Intervention by Central Banks: Evidence from Australia," Papers 99-19, Sydney - Department of Economics.

1998

1. Kim, S.-J. & Sheen, J., 1998. "International Linkages and Macroeconomic News Effects in Interest Rate Volatility -Australia and the US," Papers 98-11, Sydney - Department of Economics.

1996

1. Kim, S.J., 1996. "Testing the Rationality of Exchange and Interest Rate Expectations: An Empirical Study of Australian Survey Based Expectations," Papers 230, Sydney - Department of Economics.

1995

1. Kim, S.J., 1995. "Modelling Changes in Daily $A Exchange Rates: An Application of GARCH," Papers 217, Sydney - Department of Economics.

1993

1. Karfakis, C. & Kim, S.J., 1993. "Exchange Rates, Interest rates and Current Account News : Some Evidence from Australia," Papers 189, Sydney - Department of Economics.

Undated

1. Suk-Joong Kim & Jeffrey Sheen, . "The Determinants of Foreign Exchange Intervention by Central Banks: Evidence from Australia," Working Papers 9919, University of Sydney, Department of Economics. [Downloadable!]
2. Suk-Joong Kim & Jeffrey Sheen, . "Minute-by-Minute Dynamics of the Australian Bond Futures Market in Response to New Macroeconomic Information," Working Papers 9918, University of Sydney, Department of Economics. [Downloadable!]
3. S-J Kim, . "Modeling Changes in Daily $A Exchange Rates: An Application of GARCH," Working Papers 217, University of Sydney, Department of Economics.
4. C. Karfakis & S-J Kim, . "Exchange Rates, Interest Rates and Current Account News: Some Evidence from Australia," Working Papers 189, University of Sydney, Department of Economics.
5. S-J Kim, . "Inflation News in Australia: Its Effects on Exchange Rates and Interest Rates," Working Papers 210, University of Sydney, Department of Economics.
6. S-J Kim, . "Testing the Rationality of Exchange Rate and Interest Rate Expectations: An Empirical Study of Australian Survey Based Expectations," Working Papers 230, University of Sydney, Department of Economics.

Journal articles

2008

1. Eli M. Remolona & Michela Scatigna & Eliza Wu, 2008. "A ratings-based approach to measuring sovereign risk," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 13(1), pages 26-39. [Downloadable!]
2. Kim, Suk-Joong & Wu, Eliza, 2008. "Sovereign credit ratings, capital flows and financial sector development in emerging markets," Emerging Markets Review, Elsevier, vol. 9(1), pages 17-39, March. [Downloadable!] (restricted)
3. Hooper, Vince & Hume, Timothy & Kim, Suk-Joong, 2008. "Sovereign rating changes--Do they provide new information for stock markets?," Economic Systems, Elsevier, vol. 32(2), pages 142-166, June. [Downloadable!] (restricted)

2007

1. Chan, Pak To & Moshirian, Fariborz & Ng, David & Wu, Eliza, 2007. "The underperformance of the growth enterprise market in Hong Kong," Research in International Business and Finance, Elsevier, vol. 21(3), pages 428-446, September. [Downloadable!] (restricted)
2. Eli M Remolona & Michela Scatigna & Eliza Wu, 2007. "Interpreting sovereign spreads," BIS Quarterly Review, Bank for International Settlements, March. [Downloadable!]
3. Kim, Suk-Joong, 2007. "Intraday evidence of efficacy of 1991-2004 Yen intervention by the Bank of Japan," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 17(4), pages 341-360, October. [Downloadable!] (restricted)
4. McKenzie, Michael D. & Kim, Suk-Joong, 2007. "Evidence of an asymmetry in the relationship between volatility and autocorrelation," International Review of Financial Analysis, Elsevier, vol. 16(1), pages 22-40. [Downloadable!] (restricted)
5. Hooper, Vince & Kim, Suk-Joong, 2007. "The determinants of capital inflows: Does opacity of recipient country explain the flows?," Economic Systems, Elsevier, vol. 31(1), pages 35-48, March. [Downloadable!] (restricted)

2006

1. Rachel Merhebi & Kerry Pattenden & Peter L. Swan & Xianming Zhou, 2006. "Australian chief executive officer remuneration: pay and performance," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 46(3), pages 481-497. [Downloadable!] (restricted)
2. Kim, Suk-Joong & Lucey, Brian M. & Wu, Eliza, 2006. "Dynamics of bond market integration between established and accession European Union countries," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 16(1), pages 41-56, February. [Downloadable!] (restricted)
3. Kim, Suk-Joong & Moshirian, Fariborz & Wu, Eliza, 2006. "Evolution of international stock and bond market integration: Influence of the European Monetary Union," Journal of Banking & Finance, Elsevier, vol. 30(5), pages 1507-1534, May. [Downloadable!] (restricted)
4. Kim, Suk-Joong & Sheen, Jeffrey, 2006. "Interventions in the Yen-dollar spot market: A story of price, volatility and volume," Journal of Banking & Finance, Elsevier, vol. 30(11), pages 3191-3214, November. [Downloadable!] (restricted)
5. Kim, Suk-Joong & Pham, Cyril Minh Dao, 2006. "Is foreign exchange intervention by central banks bad news for debt markets?: A case of Reserve Bank of Australia's interventions 1986-2003," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 16(5), pages 446-467, December. [Downloadable!] (restricted)

2005

1. Kim, Suk Joong & Moshirian, Fariborz & Wu, Eliza, 2005. "Dynamic stock market integration driven by the European Monetary Union: An empirical analysis," Journal of Banking & Finance, Elsevier, vol. 29(10), pages 2475-2502, October. [Downloadable!] (restricted)
2. Kim, Suk-Joong, 2005. "Information leadership in the advanced Asia-Pacific stock markets: Return, volatility and volume information spillovers from the US and Japan," Journal of the Japanese and International Economies, Elsevier, vol. 19(3), pages 338-365, September. [Downloadable!] (restricted)

2004

1. Kim, Suk-Joong & McKenzie, Michael D. & Faff, Robert W., 2004. "Macroeconomic news announcements and the role of expectations: evidence for US bond, stock and foreign exchange markets," Journal of Multinational Financial Management, Elsevier, vol. 14(3), pages 217-232, July. [Downloadable!] (restricted)
2. Bhar, Ramprasad & Kim, Suk-Joong & Pham, Toan M., 2004. "Exchange rate volatility and its impact on the transaction costs of covered interest rate parity," Japan and the World Economy, Elsevier, vol. 16(4), pages 503-525, December. [Downloadable!] (restricted)

2003

1. Xianming Zhou & Peter L. Swan, 2003. "Performance Thresholds in Managerial Incentive Contracts," Journal of Business, University of Chicago Press, vol. 76(4), pages 665-696, October. [Downloadable!]
2. Kim, Suk-Joong, 2003. "The spillover effects of US and Japanese public information news in advanced Asia-Pacific stock markets," Pacific-Basin Finance Journal, Elsevier, vol. 11(5), pages 611-630, November. [Downloadable!] (restricted)

2002

1. Kim, Suk-Joong & Sheen, Jeffrey, 2002. "The determinants of foreign exchange intervention by central banks: evidence from Australia," Journal of International Money and Finance, Elsevier, vol. 21(5), pages 619-649, October. [Downloadable!] (restricted)

2001

1. Kim, Suk-Joong & Sheen, Jeffrey, 2001. "Minute-by-minute dynamics of the Australian bond futures market in response to new macroeconomic information," Journal of Multinational Financial Management, Elsevier, vol. 11(2), pages 117-137, April. [Downloadable!] (restricted)

2000

1. Kim, Suk-Joong & Sheen, Jeffrey, 2000. "International linkages and macroeconomic news effects on interest rate volatility -- Australia and the US," Pacific-Basin Finance Journal, Elsevier, vol. 8(1), pages 85-113, March. [Downloadable!] (restricted)
2. Kim, Suk-Joong & Kortian, Tro & Sheen, Jeffrey, 2000. "Central bank intervention and exchange rate volatility -- Australian evidence," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 10(3-4), pages 381-405, December. [Downloadable!] (restricted)

1999

1. Kim, Suk-Joong, 1999. "Do Macro-economic News Announcements Affect the Volatility of Foreign Exchange Rates? Some Evidence from Australia," Applied Economics, Taylor and Francis Journals, vol. 31(12), pages 1511-21, December. [Downloadable!] (restricted)

1998

1. Michael J. Aitken & Alex Frino & Michael S. McCorry & Peter L. Swan, 1998. "Short Sales Are Almost Instantaneously Bad News: Evidence from the Australian Stock Exchange," Journal of Finance, American Finance Association, vol. 53(6), pages 2205-2223, December. [Downloadable!] (restricted)

1997

1. Kim, Suk-Joong, 1997. "Testing the Rationality of Exchange Rate and Interest Rate Expectations: An Empirical Study of Australian Survey-Based Expectations," Applied Economics, Taylor and Francis Journals, vol. 29(8), pages 1011-22, August. [Downloadable!] (restricted)

1996

1. Kim, Suk-Joong, 1996. "Inflation News in Australia: Its Effects on Exchange Rates and Interest Rates," Applied Financial Economics, Taylor and Francis Journals, vol. 6(3), pages 225-31, June. [Downloadable!] (restricted)

1995

1. Garvey, Gerald T & Swan, Peter L, 1995. "Shareholder Activism, "Voluntary" Restructuring, and Internal Labor Markets," Journal of Economics & Management Strategy, Blackwell Publishing, vol. 4(4), pages 591-621, Winter.
2. Aitken, Michael J & Garvey, Gerald T & Swan, Peter L, 1995. "How Brokers Facilitate Trade for Long-Term Clients in Competitive Securities Markets," Journal of Business, University of Chicago Press, vol. 68(1), pages 1-33, January. [Downloadable!] (restricted)
3. Karfakis, Costas & Kim, Suk-Joong, 1995. "Exchange rates, interest rates and current account news: some evidence from Australia," Journal of International Money and Finance, Elsevier, vol. 14(4), pages 575-595, August. [Downloadable!] (restricted)

1994

1. Garvey, Gerald T. & Swan, Peter L., 1994. "The economics of corporate governance: Beyond the Marshallian firm," Journal of Corporate Finance, Elsevier, vol. 1(2), pages 139-174, August. [Downloadable!] (restricted)

1993

1. Marks, Robert E. & Swan, Peter L., 1993. "Exhaustibility and the reserves/production ratio," Economics Letters, Elsevier, vol. 42(1), pages 117-119. [Downloadable!] (restricted)

1992

1. Garvey, Gerald T & Swan, Peter L, 1992. "Managerial Objectives, Capital Structure, and the Provision of Worker Incentives," Journal of Labor Economics, University of Chicago Press, vol. 10(4), pages 357-79, October. [Downloadable!] (restricted)
2. Garvey, Gerald & Swan, Peter L., 1992. "Optimal capital structure for a hierarchical firm," Journal of Financial Intermediation, Elsevier, vol. 2(4), pages 376-400, December. [Downloadable!] (restricted)
3. Garvey, Gerald T. & Swan, Peter L., 1992. "The interaction between financial and employment contracts: A formal model of Japanese Corporate Governance," Journal of the Japanese and International Economies, Elsevier, vol. 6(3), pages 247-274, September. [Downloadable!] (restricted)

1990

1. Swan, Peter L, 1990. "Real Rates of Return in Electricity Supply: New South Wales, Tasmania and Victoria," The Economic Record, The Economic Society of Australia, vol. 66(193), pages 93-109, June.
2. Swan, Peter L, 1990. " Inflation Drag or Taxation in Drag: Responsible for the Rising Share of Government in Australian GDP?," Public Choice, Springer, vol. 65(2), pages 143-56, May.

1989

1. Bateson, Jeff & Swan, Peter L, 1989. "Economies of Scale and Utilization: An Analysis of the Multi-plant Generation Costs of the Electricity Commission of New South Wales, 1970/71-1984/85," The Economic Record, The Economic Society of Australia, vol. 65(191), pages 329-44, December.

1983

1. Swan, Peter L, 1983. "The Marginal Cost of Base-Load Power: An Application to Alcoa's Portland Smelter," The Economic Record, The Economic Society of Australia, vol. 59(167), pages 332-44, December.
2. Hillman, Arye L. & Swan, Peter L., 1983. "Participation rules for Pareto-optimal clubs," Journal of Public Economics, Elsevier, vol. 20(1), pages 55-76, February. [Downloadable!] (restricted)

1981

1. Swan, Peter L, 1981. "Durability and Taxes: Market Structure and Quasi-Capital Market Distortion," Econometrica, Econometric Society, vol. 49(2), pages 425-35, March. [Downloadable!] (restricted)

1980

1. Swan, Peter L, 1980. "The Mathews Report on Business Taxation: Rejoinder," The Economic Record, The Economic Society of Australia, vol. 56(154), pages 270-77, September.
2. Swan, Peter L, 1980. "Alcoa: The Influence of Recycling on Monopoly Power," Journal of Political Economy, University of Chicago Press, vol. 88(1), pages 76-99, February. [Downloadable!] (restricted)

1979

1. Hillman, A. L. & Swan, P. L., 1979. "Club participation under uncertainty," Economics Letters, Elsevier, vol. 4(4), pages 307-312. [Downloadable!] (restricted)

1978

1. Swan, Peter L, 1978. "The Mathews Report on Business Taxation," The Economic Record, The Economic Society of Australia, vol. 54(145), pages 1-16, April.

1977

1. Swan, Peter L, 1977. "Product Durability under Monopoly and Competition: Comment," Econometrica, Econometric Society, vol. 45(1), pages 229-35, January. [Downloadable!] (restricted)

1976

1. Swan, Peter L, 1976. "Income Taxes, Profit Taxes and Neutrality of Optimizing Decisions," The Economic Record, The Economic Society of Australia, vol. 52(138), pages 166-81, June.
2. Swan, Peter L, 1976. "Optimum Replacement of Capital Goods with Labor-saving Technical Progress: A Comparison of the Early New England and British Textile Firm," Journal of Political Economy, University of Chicago Press, vol. 84(6), pages 1293-1303, December. [Downloadable!] (restricted)

1975

1. Swan, Peter L, 1975. "The Coase Theorem and 'Sequential' Pareto Optimality," The Economic Record, The Economic Society of Australia, vol. 51(134), pages 268-71, June.

1973

1. Sieper, E & Swan, P L, 1973. "Monopoly and Competition in the Market for Durable Goods," Review of Economic Studies, Blackwell Publishing, vol. 40(3), pages 333-51, July. [Downloadable!] (restricted)

1972

1. Swan, Peter L, 1972. "Monopoly and Product Innovation: Rejoinder," The Quarterly Journal of Economics, MIT Press, vol. 86(2), pages 346-49, May. [Downloadable!] (restricted)
2. Swan, Peter L, 1972. "Optimum Durability, Second-Hand Markets, and Planned Obsolescence," Journal of Political Economy, University of Chicago Press, vol. 80(3), pages 575-85, May-June. [Downloadable!] (restricted)

1971

1. Peter L. Swan, 1971. "The Durability of Goods and Regulation of Monopoly," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 347-357, Spring. [Downloadable!] (restricted)

1970

1. Swan, Peter L, 1970. "Durability of Consumption Goods," American Economic Review, American Economic Association, vol. 60(5), pages 884-94, December. [Downloadable!] (restricted)
2. Swan, Peter L, 1970. "Market Structure and Technological Progress: The Influence of Monopoly on Product Innovation," The Quarterly Journal of Economics, MIT Press, vol. 84(4), pages 627-38, November. [Downloadable!] (restricted)

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