Research classified by Journal of Economic Literature (JEL) codes

2018

• Jara-Moroni, Pedro, 2018, "Rationalizability and mixed strategies in large games," Economics Letters, Elsevier, volume 162, issue C, pages 153-156, DOI: 10.1016/j.econlet.2017.11.023.
• Gibbs, Christopher G., 2018, "Learning to believe in secular stagnation," Economics Letters, Elsevier, volume 163, issue C, pages 50-54, DOI: 10.1016/j.econlet.2017.11.019.
• Dibiasi, Andreas & Abberger, Klaus & Siegenthaler, Michael & Sturm, Jan-Egbert, 2018, "The effects of policy uncertainty on investment: Evidence from the unexpected acceptance of a far-reaching referendum in Switzerland," European Economic Review, Elsevier, volume 104, issue C, pages 38-67, DOI: 10.1016/j.euroecorev.2018.01.002.
• Eusepi, Stefano & Giannoni, Marc P. & Preston, Bruce, 2018, "Some implications of learning for price stability," European Economic Review, Elsevier, volume 106, issue C, pages 1-20, DOI: 10.1016/j.euroecorev.2018.03.002.
• Yan, Lei & Irwin, Scott H. & Sanders, Dwight R., 2018, "Mapping algorithms, agricultural futures, and the relationship between commodity investment flows and crude oil futures prices," Energy Economics, Elsevier, volume 72, issue C, pages 486-504, DOI: 10.1016/j.eneco.2018.04.005.
• Hammoudeh, Shawkat & Reboredo, Juan C., 2018, "Oil price dynamics and market-based inflation expectations," Energy Economics, Elsevier, volume 75, issue C, pages 484-491, DOI: 10.1016/j.eneco.2018.09.011.
• Orhun, A. Yeşim, 2018, "Perceived motives and reciprocity," Games and Economic Behavior, Elsevier, volume 109, issue C, pages 436-451, DOI: 10.1016/j.geb.2018.01.002.
• Heaton, J.B., 2018, "Risk aversion as risk-neutral pessimism: A simple proof," International Review of Law and Economics, Elsevier, volume 56, issue C, pages 70-72, DOI: 10.1016/j.irle.2018.07.002.
• Leiss, Matthias & Nax, Heinrich H., 2018, "Option-implied objective measures of market risk," Journal of Banking & Finance, Elsevier, volume 88, issue C, pages 241-249, DOI: 10.1016/j.jbankfin.2017.11.017.
• Haisken-DeNew, John & Hasan, Syed & Jha, Nikhil & Sinning, Mathias, 2018, "Unawareness and selective disclosure: The effect of school quality information on property prices," Journal of Economic Behavior & Organization, Elsevier, volume 145, issue C, pages 449-464, DOI: 10.1016/j.jebo.2017.11.015.
• Frydman, Roman & Stillwagon, Joshua R., 2018, "Fundamental factors and extrapolation in stock-market expectations: The central role of structural change," Journal of Economic Behavior & Organization, Elsevier, volume 148, issue C, pages 189-198, DOI: 10.1016/j.jebo.2018.02.017.
• Tortorice, Daniel L., 2018, "Equity return predictability, time varying volatility and learning about the permanence of shocks," Journal of Economic Behavior & Organization, Elsevier, volume 148, issue C, pages 315-343, DOI: 10.1016/j.jebo.2018.01.003.
• Jouini, Elyès & Karehnke, Paul & Napp, Clotilde, 2018, "Stereotypes, underconfidence and decision-making with an application to gender and math," Journal of Economic Behavior & Organization, Elsevier, volume 148, issue C, pages 34-45, DOI: 10.1016/j.jebo.2018.02.002.
• Claus, Edda & Nguyen, Viet Hoang, 2018, "Consumptor economicus: How do consumers form expectations on economic variables?," Journal of Economic Behavior & Organization, Elsevier, volume 152, issue C, pages 254-275, DOI: 10.1016/j.jebo.2018.04.016.
• Blaurock, Ivonne & Schmitt, Noemi & Westerhoff, Frank, 2018, "Market entry waves and volatility outbursts in stock markets," Journal of Economic Behavior & Organization, Elsevier, volume 153, issue C, pages 19-37, DOI: 10.1016/j.jebo.2018.03.022.
• Boone, Brecht & Quaghebeur, Ewoud, 2018, "Beyond rational expectations: The effects of heuristic switching in an Overlapping Generations model," Journal of Economic Behavior & Organization, Elsevier, volume 155, issue C, pages 349-364, DOI: 10.1016/j.jebo.2018.09.007.
• Rachmilevitch, Shiran, 2018, "The strategist and the tactician," Journal of Economic Behavior & Organization, Elsevier, volume 155, issue C, pages 427-434, DOI: 10.1016/j.jebo.2018.09.013.
• Kochov, Asen, 2018, "A behavioral definition of unforeseen contingencies," Journal of Economic Theory, Elsevier, volume 175, issue C, pages 265-290, DOI: 10.1016/j.jet.2018.01.018.
• Liu, Feng & Conlon, John R., 2018, "The simplest rational greater-fool bubble model," Journal of Economic Theory, Elsevier, volume 175, issue C, pages 38-57, DOI: 10.1016/j.jet.2018.01.001.
• Saghafian, Soroush, 2018, "Ambiguous partially observable Markov decision processes: Structural results and applications," Journal of Economic Theory, Elsevier, volume 178, issue C, pages 1-35, DOI: 10.1016/j.jet.2018.08.006.
• Drozd, Lukasz A. & Serrano-Padial, Ricardo, 2018, "Financial contracting with enforcement externalities," Journal of Economic Theory, Elsevier, volume 178, issue C, pages 153-189, DOI: 10.1016/j.jet.2018.09.002.
• Blume, Lawrence E. & Cogley, Timothy & Easley, David A. & Sargent, Thomas J. & Tsyrennikov, Viktor, 2018, "A case for incomplete markets," Journal of Economic Theory, Elsevier, volume 178, issue C, pages 191-221, DOI: 10.1016/j.jet.2018.09.004.
• Buono, Ines & Formai, Sara, 2018, "New evidence on the evolution of the anchoring of inflation expectations," Journal of Macroeconomics, Elsevier, volume 57, issue C, pages 39-54, DOI: 10.1016/j.jmacro.2018.04.003.
• Binder, Carola Conces, 2018, "Inflation expectations and the price at the pump," Journal of Macroeconomics, Elsevier, volume 58, issue C, pages 1-18, DOI: 10.1016/j.jmacro.2018.08.006.
• Main, Scott & Irwin, Scott H. & Sanders, Dwight R. & Smith, Aaron, 2018, "Financialization and the returns to commodity investments," Journal of Commodity Markets, Elsevier, volume 10, issue C, pages 22-28, DOI: 10.1016/j.jcomm.2018.05.004.
• Van Parys, Jessica & Ash, Elliott, 2018, "Sequential decision-making with group identity," Journal of Economic Psychology, Elsevier, volume 69, issue C, pages 1-18, DOI: 10.1016/j.joep.2018.09.004.
• Evans, George W & McGough, Bruce, 2018, "Equilibrium selection, observability and backward-stable solutions," Journal of Monetary Economics, Elsevier, volume 98, issue C, pages 1-10, DOI: 10.1016/j.jmoneco.2018.04.004.
• Bleemer, Zachary & Zafar, Basit, 2018, "Intended college attendance: Evidence from an experiment on college returns and costs," Journal of Public Economics, Elsevier, volume 157, issue C, pages 184-211, DOI: 10.1016/j.jpubeco.2017.11.002.
• Filippini, Massimo & Hirl, Bettina & Masiero, Giuliano, 2018, "Habits and rational behaviour in residential electricity demand," Resource and Energy Economics, Elsevier, volume 52, issue C, pages 137-152, DOI: 10.1016/j.reseneeco.2018.01.002.
• Wan, Junmin, 2018, "Prevention and landing of bubble," International Review of Economics & Finance, Elsevier, volume 56, issue C, pages 190-204, DOI: 10.1016/j.iref.2017.10.024.
• Xu, Yingying & Liu, Zhixin & Ortiz, Jaime, 2018, "The relationship between media bias and inflation expectations in P.R. China," Research in International Business and Finance, Elsevier, volume 45, issue C, pages 402-412, DOI: 10.1016/j.ribaf.2017.07.171.
• Macchia, Lucía & Plagnol, Anke C. & Reimers, Stian, 2018, "Does experience with high inflation affect intertemporal decision making? Sensitivity to inflation rates in Argentine and british delay discounting choices," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, volume 75, issue C, pages 76-83, DOI: 10.1016/j.socec.2018.05.006.
• Timo Henckel & Gordon D. Menzies & Peter G. Moffatt & Daniel J. Zizzo, 2018, "Belief Adjustment: A Double Hurdle Model and Experimental Evidence," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2018-01, Jan.
• Samuel N. Cohen & Timo Henckel & Gordon D. Menzies & Johannes Muhle-Karbe & Daniel J. Zizzo, 2018, "Switching Cost Models as Hypothesis Tests," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2018-40, Sep.
• Dawson, Christopher & de Meza, David & Henley, Andrew & Arabsheibani, G. Reza, 2019, "Curb your enthusiasm: optimistic entrepreneurs earn less," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 90264, Jan.
• Eleni Iliopulos & Erica Perego & Thepthida Sopraseuth, 2018, "International business cycles: Information matters," Thema Working Papers, THEMA (Théorie Economique, Modélisation et Applications), CY Cergy-Paris University, ESSEC and CNRS, number 2018-13.
• Zelalem Yilma & Owen O’Donnell & Anagaw Mebratie & Getnet Alemu & Arjun S. Bedi, 2018, "Subjective Expectations of Medical Expenditures and Insurance in Rural Ethiopia," Contributions to Economic Analysis, Emerald Group Publishing Limited, "Health Econometrics", DOI: 10.1108/S0573-855520180000294002.
• Gabriela López Noria & Juan José Zamudio Fernández, 2018, "The effect of uncertainty on foreign direct investment: The case of Mexico," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, volume 33, issue 1, pages 117-149.
• Christopher D. Carroll & Edmund Crawley & Jiri Slacalek & Kiichi Tokuoka & Matthew N. White, 2018, "Sticky Expectations and Consumption Dynamics," Working Papers, eSocialSciences, number id:12563, Mar.
• Cheng CHEN & Tatsuro SENGA & Chang SUN & Hongyong ZHANG, 2018, "Uncertainty, Imperfect Information, and Expectation Formation over the Firm's Life Cycle," Discussion papers, Research Institute of Economy, Trade and Industry (RIETI), number 18010, Mar.
• Sandor Axelrod & David E. Lebow & Ekaterina V. Peneva, 2018, "Perceptions and Expectations of Inflation by U.S. Households," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2018-073, Oct, DOI: 10.17016/FEDS.2018.073.
• Lukasz A. Drozd & Ricardo Serrano-Padial, 2018, "Financial Contracting with Enforcement Externalities," Working Papers, Federal Reserve Bank of Philadelphia, number 18-21, Oct, DOI: https://doi.org/10.21799/frbp.wp.20.
• Brice Corgnet & Roberto Hernán-González & Praveen Kujal, 2018, "On Booms That Never Bust: Ambiguity in Experimental Asset Markets with Bubbles," Working Papers, Groupe d'Analyse et de Théorie Economique Lyon St-Etienne (GATE Lyon St-Etienne), Université de Lyon, number 1825.
• Adrian Penalver & Nobuyuki Hanaki & Eizo Akiyama & Yukihiko Funaki & Ryuichiro Ishikawa, 2018, "A Quantitative Easing Experiment," GREDEG Working Papers, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France, number 2018-10, Apr.
• Agnès Festré, 2018, "Hayek on Expectations: The Interplay between Two Complex Systems," GREDEG Working Papers, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France, number 2018-28, Oct.
• Sandrine Jacob Leal & Nobuyuki Hanaki, 2018, "Algorithmic Trading, What if It is Just an Illusion? Evidence from Experimental Financial Markets," GREDEG Working Papers, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France, number 2018-31, Nov, revised Jan 2020.
• Carl Singleton & J. James Reade & Alsdair Brown, 2018, "Going with your Gut: The (In)accuracy of Forecast Revisions in a Football Score Prediction Game," Working Papers, The George Washington University, The Center for Economic Research, number 2018-006, Nov.
• Nobuyuki Hanaki & Eizo Akiyama & Ryuichiro Ishikawa, 2018, "Behavioral uncertainty and the dynamics of traders' confidence in their price forecasts," Post-Print, HAL, number hal-01712301, Jan, DOI: 10.1016/j.jedc.2018.01.020.
• Nobuyuki Hanaki & Eizo Akiyama & Ryuichiro Ishikawa, 2018, "Effects of different ways of incentivizing price forecasts on market dynamics and individual decisions in asset market experiments," Post-Print, HAL, number hal-01712305, DOI: 10.1016/j.jedc.2018.01.018.
• Luc Arrondel, 2018, "Financial Literacy and Asset Behaviour: Poor Education and Zero for Conduct?," Post-Print, HAL, number hal-01784318, Mar, DOI: 10.1057/s41294-018-0053-9.
• Georges Prat & Remzi Uctum, 2018, "Term structure of interest rates: modelling the risk premium using a two-horizons framework," Post-Print, HAL, number hal-01828843.
• Georges Prat & Remzi Uctum, 2018, "Term structure of interest rates: modelling the risk premium using a two-horizons framework," Post-Print, HAL, number hal-01828854.
• Marine Charlotte André & Meixing Dai, 2018, "Learning, robust monetary policy and the merit of precaution," Post-Print, HAL, number hal-03030047, DOI: 10.1515/bejm-2016-0236.
• Paul Hubert & Mathilde Le Moigne, 2018, "La désinflation manquante : un phénomène américain uniquement ?," Post-Print, HAL, number hal-03501739, Dec, DOI: 10.3917/reof.160.0047.
• Damien Bol & André Blais & Jean-François Laslier, 2018, "A mixed-utility theory of vote choice regret," Post-Print, HAL, number halshs-01885418, Sep, DOI: 10.1007/s11127-018-0571-z.
• Luc Arrondel, 2018, "Financial Literacy and Asset Behaviour: Poor Education and Zero for Conduct?," PSE-Ecole d'économie de Paris (Postprint), HAL, number hal-01784318, Mar, DOI: 10.1057/s41294-018-0053-9.
• Damien Bol & André Blais & Jean-François Laslier, 2018, "A mixed-utility theory of vote choice regret," PSE-Ecole d'économie de Paris (Postprint), HAL, number halshs-01885418, Sep, DOI: 10.1007/s11127-018-0571-z.
• Paul Hubert & Mathilde Le Moigne, 2018, "La désinflation manquante : un phénomène américain uniquement ?," Sciences Po Economics Publications (main), HAL, number hal-03501739, Dec, DOI: 10.3917/reof.160.0047.
• Agnès Festré, 2018, "Hayek on expectations: The interplay between two complex systems," Working Papers, HAL, number hal-01931730, Nov.
• Bertrand Candelon & Laurent Ferrara & Marc Joëts, 2018, "Global Financial interconnectedness: A non-linear assessment of the uncertainty channel," Working Papers, HAL, number hal-04141798.
• Brice Corgnet & Roberto Hernán-Gonzalez & Praveen Kujal, 2018, "On Booms That Never Bust: Ambiguity in Experimental Asset Markets with Bubbles," Working Papers, HAL, number halshs-01898435.
• Dzsamila Vonnak, 2018, "Multidimensional global games and some applications," KRTK-KTI WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies, number 1803, Jan.
• Attanasio, Orazio & Molnar, Krisztina & Kovacs, Agnes, 2018, "Euler Equations, Subjective Expectations and Income Shocks," Discussion Paper Series in Economics, Norwegian School of Economics, Department of Economics, number 21/2018, Oct.
• Mele, Antonio & Molnar, Krisztina & Santoro, Sergio, 2018, "On the perils of stabilizing prices when agents are learning," Discussion Paper Series in Economics, Norwegian School of Economics, Department of Economics, number 22/2018, Oct.
• Holden , Stein T. & Tilahun , Mesfin, 2018, "Gender Differences in Risk Tolerance, Trust and Trustworthiness: Are They Related?," CLTS Working Papers, Norwegian University of Life Sciences, Centre for Land Tenure Studies, number 3/18, Mar, revised 16 Oct 2019.
• John J. Conlon & Laura Pilossoph & Matthew Wiswall & Basit Zafar, 2018, "Labor Market Search With Imperfect Information and Learning," Working Papers, Human Capital and Economic Opportunity Working Group, number 2018-068, Sep.
• Cormac O'Dea & David Sturrock, 2018, "Subjective expectations of survival and economic behaviour," IFS Working Papers, Institute for Fiscal Studies, number W18/14, Apr.
• Guber, Raphael & Kocher, Martin G. & Winter, Joachim, 2018, "Does Having Insurance Change Individuals' Self-confidence?," Economics Series, Institute for Advanced Studies, number 338, Mar.
• Stefano d¡¦Addona, 2018, "Rational Ignorance in Long-run Risk Models," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, volume 17, issue 1, pages 43-54, June.
• Roberto J. Santillán-Salgado & Melissa G. Ulin-Lastra & Luis Jacob Escobar-Saldivar, 2018, "Polls, Prediction Markets, and Financial Variables," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, volume 13, issue 3, pages 295-323, Julio-Sep.
• Utz Weitzel & Christoph Huber & Florian Lindner & Jürgen Huber & Julia Rose & Michael Kirchler, 2018, "Bubbles and financial professionals," Working Papers, Faculty of Economics and Statistics, Universität Innsbruck, number 2018-04, Mar, revised Oct 2018.
• Achim Zeileis & Christoph Leitner & Kurt Hornik, 2018, "Probabilistic forecasts for the 2018 FIFA World Cup based on the bookmaker consensus model," Working Papers, Faculty of Economics and Statistics, Universität Innsbruck, number 2018-09, May.
• Martin Geiger & Johann Scharler, 2018, "How do people interpret macroeconomic shocks? Evidence from U.S. survey data," Working Papers, Faculty of Economics and Statistics, Universität Innsbruck, number 2018-12, Jul.
• Martin Geiger & Johann Scharler, 2018, "How do consumers interpret the macroeconomic effects of oil price fluctuations? Evidence from U.S. survey data," Working Papers, Faculty of Economics and Statistics, Universität Innsbruck, number 2018-13, Jul.
• Bubonya, Melisa & Cobb-Clark, Deborah A. & Christensen, Daniel & Johnson, Sarah E. & Zubrick, Stephen R., 2018, "The Great Recession and Children's Mental Health in Australia," IZA Discussion Papers, IZA Network @ LISER, number 11891, Oct.
• D'Haultfoeuille, Xavier & Gaillac, Christophe & Maurel, Arnaud, 2018, "Rationalizing Rational Expectations? Tests and Deviations," IZA Discussion Papers, IZA Network @ LISER, number 11989, Nov.
• Velásquez, Daniel & Medina, Santiago & Yamada, Gustavo & Lavado, Pablo & Núñez, Miguel & Alatrista, Hugo & Morzan, Juandiego, 2018, "I Read the News Today, Oh Boy: The Effect of Crime News Coverage on Crime Perception and Trust," IZA Discussion Papers, IZA Network @ LISER, number 12056, Dec.
• David Vidal-Tomás & Simone Alfarano, 2018, "An agent based early warning indicator for financial market instability," Working Papers, Economics Department, Universitat Jaume I, Castellón (Spain), number 2018/12.
• ŞTEFAN George Marian & VOLINTIRU Clara & VOLINTIRU Mihai, 2018, "Young Romanians: Entrepreneurs in their Home Country?," European Journal of Interdisciplinary Studies, Bucharest Economic Academy, issue 02, June.
• Ziebarth Nicolas R., 2018, "Biased Lung Cancer Risk Perceptions: Smokers are Misinformed," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, volume 238, issue 5, pages 395-421, September, DOI: 10.1515/jbnst-2018-0017.
• Filip Stanek & Jiri Kukacka, 2018, "The Impact of the Tobin Tax in a Heterogeneous Agent Model of the Foreign Exchange Market," Computational Economics, Springer;Society for Computational Economics, volume 51, issue 4, pages 865-892, April, DOI: 10.1007/s10614-017-9649-9.
• Ciril Bosch-Rosa & Thomas Meissner & Antoni Bosch-Domènech, 2018, "Cognitive bubbles," Experimental Economics, Springer;Economic Science Association, volume 21, issue 1, pages 132-153, March, DOI: 10.1007/s10683-017-9529-0.
• Ibrahim Filiz & Thomas Nahmer & Markus Spiwoks & Kilian Bizer, 2018, "Portfolio diversification: the influence of herding, status-quo bias, and the gambler’s fallacy," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, volume 32, issue 2, pages 167-205, May, DOI: 10.1007/s11408-018-0311-x.
• M. C. Ramos-Herrera & S. Sosvilla-Rivero, 2018, "Headline and Core Inflation: An Empirical Analysis Based on the ECB Survey of Professional Forecasters," International Advances in Economic Research, Springer;International Atlantic Economic Society, volume 24, issue 2, pages 207-208, May, DOI: 10.1007/s11294-018-9686-8.
• P. Wesley Routon, 2018, "The Probability of Teenage Parenthood: Parental Predictions and Their Accuracy," Journal of Family and Economic Issues, Springer, volume 39, issue 4, pages 647-661, December, DOI: 10.1007/s10834-018-9583-6.
• Damien Bol & André Blais & Jean-François Laslier, 2018, "A mixed-utility theory of vote choice regret," Public Choice, Springer, volume 176, issue 3, pages 461-478, September, DOI: 10.1007/s11127-018-0571-z.
• Habis, Helga & Perge, Laura, 2018, "Pató Pál úr modellezése. Irracionalitás az intertemporális döntéshozatalban
  [Pál Pató-style modelling. Irrationality in inter-temporal decision-making]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), volume 0, issue 6, pages 619-631, DOI: 10.18414/KSZ.2018.6.619.
• Estelle Cantillon & Aurelie Cecile Dominique Slechten, 2018, "Information Aggregation in Emissions Markets with Abatement," Working Papers, Lancaster University Management School, Economics Department, number 251505309.
• Akvile Bertasiute & Domenico Massaro & Matthias Weber, 2018, "The behavioral economics of currency unions: Economic integration and monetary policy," Bank of Lithuania Working Paper Series, Bank of Lithuania, number 49, Apr.
• Kuusi Tero, 2018, "Output Gap Uncertainty and the Optimal Fiscal Policy in the EU," Review of Economics, De Gruyter, volume 69, issue 2, pages 111-146, August, DOI: 10.1515/roe-2018-0014.
• Michele Berardi, 2018, "Discrete beliefs space and equilibrium: a cautionary note," Centre for Growth and Business Cycle Research Discussion Paper Series, Economics, The University of Manchester, number 242.
• Utz Weitzel & Christoph Huber & Jürgen Huber & Michael Kirchler & Florian Lindner & Julia Rose, 2018, "Bubbles and Financial Professionals," Discussion Paper Series of the Max Planck Institute for Behavioral Economics, Max Planck Institute for Behavioral Economics, number 2018_09, Jun, revised Mar 2019.
• Martin Hellwig, 2018, "Bargeld, Giralgeld, Vollgeld: Zur Diskussion um das Geldwesen nach der Finanzkrise," Discussion Paper Series of the Max Planck Institute for Behavioral Economics, Max Planck Institute for Behavioral Economics, number 2018_10, Jun.
• Pamela Giustinelli & Matthew D. Shapiro, 2018, "SeaTE: Subjective ex ante Treatment Effect of Health on Retirement," Working Papers, University of Michigan, Michigan Retirement Research Center, number wp382, Feb.
• Te Bao & Jichuan Zong, 2018, "The Impact of Interest Rate Policy on Individual Expectations and Asset Bubbles in Experimental Markets," Economic Growth Centre Working Paper Series, Nanyang Technological University, School of Social Sciences, Economic Growth Centre, number 1802, Feb.
• Jiahua Zhu & Te Bao & Wai Mun Chia, 2018, "Evolutionary Selection of Forecasting and Quantity Decision Rules in Experimental Asset Markets," Economic Growth Centre Working Paper Series, Nanyang Technological University, School of Social Sciences, Economic Growth Centre, number 1807, Jul.

2017

• Roman Frydman & Søren Johansen & Anders Rahbek & Morten Nyboe Tabor, 2017, "The Qualitative Expectations Hypothesis: Model Ambiguity, Consistent Representations of Market Forecasts, and Sentiment," CREATES Research Papers, Department of Economics and Business Economics, Aarhus University, number 2017-23, Jun.
• In-Koo Cho & Kenneth Kasa, 2017, "Gresham's Law of Model Averaging," American Economic Review, American Economic Association, volume 107, issue 11, pages 3589-3616, November.
• Tarek A. Hassan & Thomas M. Mertens, 2017, "The Social Cost of Near-Rational Investment," American Economic Review, American Economic Association, volume 107, issue 4, pages 1059-1103, April.
• Klaus Adam & Albert Marcet & Johannes Beutel, 2017, "Stock Price Booms and Expected Capital Gains," American Economic Review, American Economic Association, volume 107, issue 8, pages 2352-2408, August.
• Alberto Cavallo & Guillermo Cruces & Ricardo Perez-Truglia, 2017, "Inflation Expectations, Learning, and Supermarket Prices: Evidence from Survey Experiments," American Economic Journal: Macroeconomics, American Economic Association, volume 9, issue 3, pages 1-35, July.
• Massimo Morelli & Tommaso Sonno, 2017, "On Economic Interdependence and War," Journal of Economic Literature, American Economic Association, volume 55, issue 3, pages 1084-1097, September.
• María del Carmen Ramos-Herrera & Simón Sosvilla-Rivero, 2017, "Inflation, real economic growth and unemployment expectations: An empirical analysis based on the ECB Survey of Professional Forecasters," Working Papers, Asociación Española de Economía y Finanzas Internacionales, number 17-02, Feb.
• Yara de Almeida Campos Cordeiro & Wagner Piazza Gaglianone & João Victor Issler, 2017, "Inattention in individual expectations," Economia, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], volume 17, issue 1, pages 40-59.
• David L. Dickinson & Ananish Chaudhuri & Ryan Greenaway-McGrevy, 2017, "Trading while sleepy? Circadian mismatch and excess volatility in a global experimental asset market," Working Papers, Department of Economics, Appalachian State University, number 17-06.
• Reinhard Ellwanger, 2017, "On the Tail Risk Premium in the Oil Market," Staff Working Papers, Bank of Canada, number 17-46, DOI: 10.34989/swp-2017-46.
• Urrutia-Montoya, Miguel, 2017, "Políticas para evitar burbujas especulativas en finca raíz," Chapters, Banco de la Republica de Colombia, chapter 9, in: Meisel-Roca, Adolfo & Ramírez-Giraldo, María Teresa, "Tres banqueros centrales", DOI: 10.32468/Ebook.664-367-2.
• Deicy Cristiano-Botia & Eliana González-Molano & Carlos Huertas-Campos, 2017, "Evaluación de la transmisión de la tasa de interés de referencia a las tasas de interés del sistema financiero considerando las expectativas de los agentes," Borradores de Economia, Banco de la Republica de Colombia, number 988, Mar, DOI: 10.32468/be.988.
• Adrian Penalver & Nobuyuki Hanaki & Eizo Akiyama & Yukihiko Funaki & Ryuichiro Ishikawa, 2017, "A Quantitative Easing Experiment," Working papers, Banque de France, number 651.
• Rougès, D. & Strauss-Kahn, M.-O., 2017, "Sondage 2016 sur les Français et l’économie : comportements, préoccupations et attentes," Bulletin de la Banque de France, Banque de France, issue 209, pages 15-23.
• Matthieu Bussière & Laurent Ferrara & Juliana Milovich, 2017, "Explaining the recent slump in investment: the role of expected demand and uncertainty," Rue de la Banque, Banque de France, issue 44, may..
• Serafín Frache & Rodrigo Lluberas, 2017, "New information and inflation expectations among firms," Documentos de trabajo, Banco Central del Uruguay, number 2017013.
• Jian Li & Chongguang Li & Jean-Paul Chavas, 2017, "Food Price Bubbles and Government Intervention: Is China Different?," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, volume 65, issue 1, pages 135-157, March.
• Sophocles N. Brissimis & Nicholas S. Magginas, 2017, "Monetary Policy Rules Under Heterogeneous Inflation Expectations," Economic Inquiry, Western Economic Association International, volume 55, issue 3, pages 1400-1415, July.
• Ryan Chahrour & Robert Ulbricht, 2017, "Robust Predictions for DSGE Models with Incomplete Information," Boston College Working Papers in Economics, Boston College Department of Economics, number 925, Mar, revised 10 Jun 2021.
• Ryan Chahrour & Kyle Jurado, 2017, "Recoverability," Boston College Working Papers in Economics, Boston College Department of Economics, number 935, Nov.
• John Barrdear, 2017, "The calm policymaker," Bank of England working papers, Bank of England, number 653, Mar.
• Maiko Koga & Haruko Kato, 2017, "Behavioral Biases in Firms' Growth Expectations," Bank of Japan Working Paper Series, Bank of Japan, number 17-E-9, Jul.
• Naiditch Claire & Vranceanu Radu, 2017, "The Legal Grounds of Irregular Migration: A Global Game Approach," The B.E. Journal of Economic Analysis & Policy, De Gruyter, volume 17, issue 2, pages 1-10, April, DOI: 10.1515/bejeap-2015-0259.
• Binder Carola Conces, 2017, "Economic policy uncertainty and household inflation uncertainty," The B.E. Journal of Macroeconomics, De Gruyter, volume 17, issue 2, pages 1-20, June, DOI: 10.1515/bejm-2016-0048.
• Ajevskis Viktors, 2017, "Semi-global solutions to DSGE models: perturbation around a deterministic path," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, volume 21, issue 2, pages 1-28, April, DOI: 10.1515/snde-2016-0065.
• Régis Breton & Sébastien Galanti & Christophe Hurlin & Anne-Gaël Vaubourg, 2017, "La relation firme-analyste explique-t-elle les erreurs de prévision des analystes ?," Revue économique, Presses de Sciences-Po, volume 68, issue 6, pages 1033-1062.
• J. Daniel Aromí, 2017, "Conventional views and asset prices: What to expect after times of extreme opinions," Journal of Applied Economics, Universidad del CEMA, volume 20, pages 49-73, May.
• Sandro Ambuehl, 2017, "An Offer You Can't Refuse? Testing Undue Inducement," CESifo Working Paper Series, CESifo, number 6296.
• Topi Miettinen & Michael Kosfeld & Ernst Fehr & Jörgen W. Weibull, 2017, "Revealed Preferences in a Sequential Prisoners' Dilemma: A Horse-Race Between Six Utility Functions," CESifo Working Paper Series, CESifo, number 6358.
• Jannis Engel & Nora Szech, 2017, "A Little Good is Good Enough: Ethical Consumption, Cheap Excuses, and Moral Self-Licensing," CESifo Working Paper Series, CESifo, number 6434.
• Simon Gaechter & Lingbo Huang & Martin Sefton, 2017, "Disappointment Aversion and Social Comparisons in a Real-Effort Competition," CESifo Working Paper Series, CESifo, number 6489.
• Lukas Buchheim & Sebastian Link, 2017, "The Effect of Disaggregate Information on the Expectation Formation of Firms," CESifo Working Paper Series, CESifo, number 6768.
• Ricardo M. Masolo & Francesca Monti, 2017, "Ambiguity, Monetary Policy and Trend Inflation," Discussion Papers, Centre for Macroeconomics (CFM), number 1709, Feb.
• Marco Bassetto & Carlo Galli, 2017, "Is Inflation Default? The Role of Information in Debt Crises," Discussion Papers, Centre for Macroeconomics (CFM), number 1715, Apr.
• Juan Beccuti & Christian Jaag, 2017, "The Bitcoin Mining Game: On the Optimality of Honesty in Proof-of-work Consensus Mechanism," Working Papers, Swiss Economics, number 0060, Aug.
• Roc√≠o Moreno-S√°nchez & Vanesa MartÔøΩnez & Jorge H. Maldonado & Arturo RodrÔøΩguez, 2017, "Cambios en bienestar subjetivo, aspiraciones y expectativas en participantes de programas de alivio a la pobreza: un an√°lisis cualitativo de Produciendo por mi futuro en Colombia," Documentos CEDE, Universidad de los Andes, Facultad de Economía, CEDE, number 15818, Nov.
• Nagel, Stefan & Malmendier, Ulrike M. & Yan, Zhen, 2017, "The Making of Hawks and Doves: Inflation Experiences on the FOMC," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11902, Mar.
• Schlafmann, Kathrin & rozsypal, filip, 2017, "Overpersistence Bias in Individual Income Expectations and its Aggregate Implications," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12028, May.
• Ströbel, Johannes & Kuchler, Theresa & Dávila, Eduardo & Bailey, Michael, 2017, "House Price Beliefs And Mortgage Leverage Choice," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12476, Dec.
• Michele Tettamanzi, 2017, "E Many Pluribus Unum: A Behavioural Macro-Economic Agent Based Model," DISCE - Working Papers del Dipartimento di Economia e Finanza, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE), number def062, Nov.
• Antoniou, Constantinos & Harrison, Glenn W. & Lau, Morten I. & Read, Daniel, 2017, "Information Characteristics and Errors in Expectations: Experimental Evidence," Journal of Financial and Quantitative Analysis, Cambridge University Press, volume 52, issue 2, pages 737-750, April.
• Estrada, Ricardo & Gignoux, Jérémie, 2017, "Benefits to Elite Schools and the Expected Returns to Education: Evidence from Mexico City," Research Department working papers, CAF Development Bank Of Latinamerica, number 1017.
• Michael Walter & Lydia Welbers, 2017, "Wie „ticken“ Kleinanleger auf dem Finanzmarkt? Einblicke in ein qualitatives Forschungsprojekt," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, volume 86, issue 4, pages 67-82, DOI: 10.3790/vjh.86.4.67.
• Lovo, Stefano & Spaenjers, Christophe, 2014, "A Model of Trading in the Art Market," HEC Research Papers Series, HEC Paris, number 1150, Mar, revised 22 Sep 2017.
• Colliard, Jean-Edouard, 2017, "Strategic Selection of Risk Models and Bank Capital Regulation," HEC Research Papers Series, HEC Paris, number 1229, Sep, revised 29 Nov 2017.
• Zeynep Gizem Can & Süleyman Deðirmen, 2017, "Spor Organizasyonlarýnýn Ekonomik Açýdan Ýncelenmesi: Mersin Ýli Örneði," Isletme ve Iktisat Calismalari Dergisi, Econjournals, volume 5, issue 4, pages 91-105.
• Alessia De Stefani, 2017, "Waves of Optimism: House Price History, Biased Expectations and Credit Cycles," Edinburgh School of Economics Discussion Paper Series, Edinburgh School of Economics, University of Edinburgh, number 282, Jul.
• Pak, Tae-Young & Choung, Youngjoo, 2017, "Rationality of longevity expectations: Evidence from the Korean Longitudinal Study of Aging," Journal of Behavioral and Experimental Finance, Elsevier, volume 13, issue C, pages 51-61, DOI: 10.1016/j.jbef.2017.02.005.
• Gerhard, Patrick & Hoffmann, Arvid O.I. & Post, Thomas, 2017, "Past performance framing and investors’ belief updating: Is seeing long-term returns always associated with smaller belief updates?," Journal of Behavioral and Experimental Finance, Elsevier, volume 15, issue C, pages 38-51, DOI: 10.1016/j.jbef.2017.07.007.
• Hillenbrand, Adrian & Schmelzer, André, 2017, "Beyond information: Disclosure, distracted attention, and investor behavior," Journal of Behavioral and Experimental Finance, Elsevier, volume 16, issue C, pages 14-21, DOI: 10.1016/j.jbef.2017.08.002.
• Berardi, Michele & Galimberti, Jaqueson K., 2017, "On the initialization of adaptive learning in macroeconomic models," Journal of Economic Dynamics and Control, Elsevier, volume 78, issue C, pages 26-53, DOI: 10.1016/j.jedc.2017.03.002.
• Kukacka, Jiri & Barunik, Jozef, 2017, "Estimation of financial agent-based models with simulated maximum likelihood," Journal of Economic Dynamics and Control, Elsevier, volume 85, issue C, pages 21-45, DOI: 10.1016/j.jedc.2017.09.006.
• Zheng, Min & Wang, Hefei & Wang, Chengzhang & Wang, Shouyang, 2017, "Speculative behavior in a housing market: Boom and bust," Economic Modelling, Elsevier, volume 61, issue C, pages 50-64, DOI: 10.1016/j.econmod.2016.11.021.
• Dong, Baomin & Gu, Xinhua & Song, Huasheng, 2017, "Capital market liberalization: Optimal tradeoff and bargaining delay," The North American Journal of Economics and Finance, Elsevier, volume 39, issue C, pages 78-88, DOI: 10.1016/j.najef.2016.12.003.
• Pecora, Nicolò & Spelta, Alessandro, 2017, "Managing monetary policy in a New Keynesian model with many beliefs types," Economics Letters, Elsevier, volume 150, issue C, pages 53-58, DOI: 10.1016/j.econlet.2016.11.007.
• McGee, Richard J. & Johnson, Johnnie E.V., 2017, "Everyone’s a winner: The market impact of technologically advantaged agents," Economics Letters, Elsevier, volume 156, issue C, pages 95-98, DOI: 10.1016/j.econlet.2017.04.021.
• Kuang, Pei & Yao, Yao, 2017, "Are rational explosive solutions learnable?," Economics Letters, Elsevier, volume 157, issue C, pages 62-66, DOI: 10.1016/j.econlet.2017.05.038.
• Binder, Carola, 2017, "Consumer forecast revisions: Is information really so sticky?," Economics Letters, Elsevier, volume 161, issue C, pages 112-115, DOI: 10.1016/j.econlet.2017.09.029.
• Holt, Charles A. & Porzio, Megan & Song, Michelle Yingze, 2017, "Price bubbles, gender, and expectations in experimental asset markets," European Economic Review, Elsevier, volume 100, issue C, pages 72-94, DOI: 10.1016/j.euroecorev.2017.05.005.
• Razen, Michael & Huber, Jürgen & Kirchler, Michael, 2017, "Cash inflow and trading horizon in asset markets," European Economic Review, Elsevier, volume 92, issue C, pages 359-384, DOI: 10.1016/j.euroecorev.2016.11.010.
• Penczynski, Stefan P., 2017, "The nature of social learning: Experimental evidence," European Economic Review, Elsevier, volume 94, issue C, pages 148-165, DOI: 10.1016/j.euroecorev.2017.01.010.
• Estrada, Ricardo & Gignoux, Jérémie, 2017, "Benefits to elite schools and the expected returns to education: Evidence from Mexico City," European Economic Review, Elsevier, volume 95, issue C, pages 168-194, DOI: 10.1016/j.euroecorev.2017.03.007.
• Binswanger, Johannes & Salm, Martin, 2017, "Does everyone use probabilities? The role of cognitive skills," European Economic Review, Elsevier, volume 98, issue C, pages 73-85, DOI: 10.1016/j.euroecorev.2017.06.009.
• Diaz-Rainey, Ivan & Roberts, Helen & Lont, David H., 2017, "Crude inventory accounting and speculation in the physical oil market," Energy Economics, Elsevier, volume 66, issue C, pages 508-522, DOI: 10.1016/j.eneco.2017.03.029.
• Page, Lionel & Siemroth, Christoph, 2017, "An experimental analysis of information acquisition in prediction markets," Games and Economic Behavior, Elsevier, volume 101, issue C, pages 354-378, DOI: 10.1016/j.geb.2015.11.002.
• He, Xue-Zhong & Shi, Lei, 2017, "Index portfolio and welfare analysis under heterogeneous beliefs," Journal of Banking & Finance, Elsevier, volume 75, issue C, pages 64-79, DOI: 10.1016/j.jbankfin.2016.11.001.
• Schmitt, Noemi & Tuinstra, Jan & Westerhoff, Frank, 2017, "Side effects of nonlinear profit taxes in an evolutionary market entry model: Abrupt changes, coexisting attractors and hysteresis problems," Journal of Economic Behavior & Organization, Elsevier, volume 135, issue C, pages 15-38, DOI: 10.1016/j.jebo.2017.01.008.
• Dawson, Chris, 2017, "The upside of pessimism − Biased beliefs and the paradox of the contented female worker," Journal of Economic Behavior & Organization, Elsevier, volume 135, issue C, pages 215-228, DOI: 10.1016/j.jebo.2017.02.004.
• Xiao, Erte, 2017, "Justification and conformity," Journal of Economic Behavior & Organization, Elsevier, volume 136, issue C, pages 15-28, DOI: 10.1016/j.jebo.2017.01.015.
• Proto, Eugenio & Sgroi, Daniel, 2017, "Biased beliefs and imperfect information," Journal of Economic Behavior & Organization, Elsevier, volume 136, issue C, pages 186-202, DOI: 10.1016/j.jebo.2017.01.020.
• Zhang, Mu & Zheng, Jie, 2017, "A robust reference-dependent model for speculative bubbles," Journal of Economic Behavior & Organization, Elsevier, volume 137, issue C, pages 232-258, DOI: 10.1016/j.jebo.2017.03.015.
• da Gama Batista, João & Massaro, Domenico & Bouchaud, Jean-Philippe & Challet, Damien & Hommes, Cars, 2017, "Do investors trade too much? A laboratory experiment," Journal of Economic Behavior & Organization, Elsevier, volume 140, issue C, pages 18-34, DOI: 10.1016/j.jebo.2017.05.013.
• Schweri, Juerg & Hartog, Joop, 2017, "Do wage expectations predict college enrollment? Evidence from healthcare," Journal of Economic Behavior & Organization, Elsevier, volume 141, issue C, pages 135-150, DOI: 10.1016/j.jebo.2017.06.010.
• Conlin, Michael & Dickert-Conlin, Stacy, 2017, "Inference by college admission departments," Journal of Economic Behavior & Organization, Elsevier, volume 141, issue C, pages 14-28, DOI: 10.1016/j.jebo.2017.06.001.
• Grimm, Veronika & Utikal, Verena & Valmasoni, Lorenzo, 2017, "In-group favoritism and discrimination among multiple out-groups," Journal of Economic Behavior & Organization, Elsevier, volume 143, issue C, pages 254-271, DOI: 10.1016/j.jebo.2017.08.015.
• Kogan, Leonid & Ross, Stephen A. & Wang, Jiang & Westerfield, Mark M., 2017, "Market selection," Journal of Economic Theory, Elsevier, volume 168, issue C, pages 209-236, DOI: 10.1016/j.jet.2016.12.002.
• Huang, Chong, 2017, "Defending against speculative attacks: The policy maker's reputation," Journal of Economic Theory, Elsevier, volume 171, issue C, pages 1-34, DOI: 10.1016/j.jet.2017.06.003.
• Kuhnen, Camelia M. & Miu, Andrei C., 2017, "Socioeconomic status and learning from financial information," Journal of Financial Economics, Elsevier, volume 124, issue 2, pages 349-372, DOI: 10.1016/j.jfineco.2017.03.002.
• Glaeser, Edward L. & Nathanson, Charles G., 2017, "An extrapolative model of house price dynamics," Journal of Financial Economics, Elsevier, volume 126, issue 1, pages 147-170, DOI: 10.1016/j.jfineco.2017.06.012.
• Lansing, Kevin J. & Ma, Jun, 2017, "Explaining exchange rate anomalies in a model with Taylor-rule fundamentals and consistent expectations," Journal of International Money and Finance, Elsevier, volume 70, issue C, pages 62-87, DOI: 10.1016/j.jimonfin.2016.08.004.
• Binding, Garret & Dibiasi, Andreas, 2017, "Exchange rate uncertainty and firm investment plans evidence from Swiss survey data," Journal of Macroeconomics, Elsevier, volume 51, issue C, pages 1-27, DOI: 10.1016/j.jmacro.2016.11.004.
• Binder, Carola, 2017, "Fed speak on main street: Central bank communication and household expectations," Journal of Macroeconomics, Elsevier, volume 52, issue C, pages 238-251, DOI: 10.1016/j.jmacro.2017.05.003.
• Acedański, Jan, 2017, "Heterogeneous expectations and the distribution of wealth," Journal of Macroeconomics, Elsevier, volume 53, issue C, pages 162-175, DOI: 10.1016/j.jmacro.2017.06.009.
• Burdina, Mariya & Hiller, R. Scott & Metz, Neil E., 2017, "Goal attainability and performance: Evidence from Boston marathon qualifying standards," Journal of Economic Psychology, Elsevier, volume 58, issue C, pages 77-88, DOI: 10.1016/j.joep.2017.01.001.
• Bruine de Bruin, Wändi & van der Klaauw, Wilbert & van Rooij, Maarten & Teppa, Federica & de Vos, Klaas, 2017, "Measuring expectations of inflation: Effects of survey mode, wording, and opportunities to revise," Journal of Economic Psychology, Elsevier, volume 59, issue C, pages 45-58, DOI: 10.1016/j.joep.2017.01.011.
• de Mendonça, Helder Ferreira & Nicolay, Rodolfo Tomás da Fonseca, 2017, "Is communication clarity from fiscal authority useful? Evidence from an emerging economy," Journal of Policy Modeling, Elsevier, volume 39, issue 1, pages 35-51, DOI: 10.1016/j.jpolmod.2016.10.004.
• Kassenboehmer, Sonja C. & Schatz, Sonja G., 2017, "Re-employment expectations and realisations: Prediction errors and behavioural responses," Labour Economics, Elsevier, volume 44, issue C, pages 161-176, DOI: 10.1016/j.labeco.2016.12.005.
• Nagel, Rosemarie & Bühren, Christoph & Frank, Björn, 2017, "Inspired and inspiring: Hervé Moulin and the discovery of the beauty contest game," Mathematical Social Sciences, Elsevier, volume 90, issue C, pages 191-207, DOI: 10.1016/j.mathsocsci.2016.09.001.
• Binder, Carola C., 2017, "Measuring uncertainty based on rounding: New method and application to inflation expectations," Journal of Monetary Economics, Elsevier, volume 90, issue C, pages 1-12, DOI: 10.1016/j.jmoneco.2017.06.001.
• Khaw, Mel Win & Stevens, Luminita & Woodford, Michael, 2017, "Discrete adjustment to a changing environment: Experimental evidence," Journal of Monetary Economics, Elsevier, volume 91, issue C, pages 88-103, DOI: 10.1016/j.jmoneco.2017.09.001.
• Łyziak, Tomasz & Paloviita, Maritta, 2017, "Anchoring of inflation expectations in the euro area: Recent evidence based on survey data," European Journal of Political Economy, Elsevier, volume 46, issue C, pages 52-73, DOI: 10.1016/j.ejpoleco.2016.11.001.
• Lin, Yo-Long, 2017, "Is the price path learnable under a fixed exchange rate regime?," International Review of Economics & Finance, Elsevier, volume 48, issue C, pages 355-366, DOI: 10.1016/j.iref.2016.12.005.
• Nadal, Raquel & Szklo, Alexandre & Lucena, André, 2017, "Time-varying impacts of demand and supply oil shocks on correlations between crude oil prices and stock markets indices," Research in International Business and Finance, Elsevier, volume 42, issue C, pages 1011-1020, DOI: 10.1016/j.ribaf.2017.07.037.