Research classified by Journal of Economic Literature (JEL) codes

2015

• Paul A. Samuelson, 2015, "Proof that Properly Anticipated Prices Fluctuate Randomly," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 2, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• Benoit Mandelbrot, 2015, "The Variation of Certain Speculative Prices," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 3, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• Eugene F. Fama & Kenneth R. French, 2015, "Commodity Futures Prices: Some Evidence on Forecast Power, Premiums, and the Theory of Storage," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 4, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• Ramaprasad Bhar & A. G. Malliaris, 2015, "Volume and Volatility in Foreign Currency Futures Markets," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 5, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• Claude B. Erb & Campbell R. Harvey, 2015, "The Strategic and Tactical Value of Commodity Futures," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 6, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• Robert S. Steigerwald, 2015, "Central Counterparty Clearing and Systemic Risk Regulation," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 7, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• Barbara J. Mack, 2015, "The Fast Track to the Futures: Technological Innovation, Market Microstructure, Market Participants, and the Regulation of High-Frequency Trading," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 8, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• Paul E. Peterson & Jin Wook Choi, 2015, "Agricultural Futures Markets," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 9, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• Raj Aggarwal & Brian Lucey & Fergal O'Connor, 2015, "World Metal Markets," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 10, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• Bluford H. Putnam, 2015, "Interest Rate Futures: Elements of a Successful Financial Innovation," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 11, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• Tim Weithers, 2015, "Currency Futures," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 12, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• Betty Simkins & Yuecheng Jia, 2015, "Energy Futures Markets," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 13, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• Tom Nohel & Steven K. Todd, 2015, "Volatility as an Asset Class," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 14, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• Jin Wook Choi & Jin Man Lee, 2015, "Housing Futures Markets," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 15, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• Fotis Giannakoulis & Nikos Gavriilidis & Nikolas Arachovas, 2015, "Freight Futures Markets," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 16, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• Eirini Konstantinidi & Gkaren Papazian & George Skiadopoulos, 2015, "Modeling the Dynamics of Temperature with a View to Weather Derivatives," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 17, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• Paolo Falbo & Daniele Felletti & Silvana Stefani, 2015, "Electricity Futures," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 18, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• Rita l. D'Ecclesia, 2015, "Climate Futures Markets," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 19, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• Eleftherios I. Thalassinos & Theodoros Stamatopoulos & Pantelis E. Thalassinos, 2015, "The European Sovereign Debt Crisis and the Role of Credit Swaps," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 20, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• Alexandre Ziegler & William T. Ziemba, 2015, "Returns from Investing in S&P500 Futures Options, 1985–2010," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 21, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• Sebastien Lleo & William T. Ziemba, 2015, "How to Lose Money in Derivatives: Examples from Hedge Funds and Bank Trading Departments," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 22, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• W. William Woolsey & Scott Sumner, 2015, "Nominal GDP Futures Contract Targeting," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 23, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• Ingo Pies & Matthias Georg Will & Thomas Glauben & Sören Prehn, 2015, "The Ethics of Financial Speculation in Futures Markets," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 24, in: Anastasios G Malliaris & William T Ziemba, "THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS".
• Ruogu Li, 2015, "The Gold Standard," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 1, "Reform of the International Monetary System and Internationalization of the Renminbi".
• Ruogu Li, 2015, "The Gold-exchange Standard," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 2, "Reform of the International Monetary System and Internationalization of the Renminbi".
• Ruogu Li, 2015, "The Bretton Woods System," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 3, "Reform of the International Monetary System and Internationalization of the Renminbi".
• Ruogu Li, 2015, "Patterns in the Evolution of the International Monetary System," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 4, "Reform of the International Monetary System and Internationalization of the Renminbi".
• Ruogu Li, 2015, "Characteristics of the Current International Monetary System," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 5, "Reform of the International Monetary System and Internationalization of the Renminbi".
• Ruogu Li, 2015, "Appraisal of the Current International Monetary System," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 6, "Reform of the International Monetary System and Internationalization of the Renminbi".
• Ruogu Li, 2015, "Sustainability of the Current International Monetary System — An Analysis," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 7, "Reform of the International Monetary System and Internationalization of the Renminbi".
• Ruogu Li, 2015, "Causes, Development, and Impact of the Global Financial Crisis," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 8, "Reform of the International Monetary System and Internationalization of the Renminbi".
• Ruogu Li, 2015, "Global Financial Crisis' Impact on the International Monetary System," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 9, "Reform of the International Monetary System and Internationalization of the Renminbi".
• Ruogu Li, 2015, "Adjust Global Economic Imbalance and Reform the International Monetary System," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 10, "Reform of the International Monetary System and Internationalization of the Renminbi".
• Ruogu Li, 2015, "Proposals for Reforming the International Monetary System," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 11, "Reform of the International Monetary System and Internationalization of the Renminbi".
• Ruogu Li, 2015, "Realistic Choice for Reforming the International Monetary System," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 12, "Reform of the International Monetary System and Internationalization of the Renminbi".
• Ruogu Li, 2015, "China and Current International Monetary System Reform," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 13, "Reform of the International Monetary System and Internationalization of the Renminbi".
• Ruogu Li, 2015, "Regional Currency Cooperation Theory," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 14, "Reform of the International Monetary System and Internationalization of the Renminbi".
• Ruogu Li, 2015, "European Currency Cooperation," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 15, "Reform of the International Monetary System and Internationalization of the Renminbi".
• Ruogu Li, 2015, "East Asian Currency Cooperation," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 16, "Reform of the International Monetary System and Internationalization of the Renminbi".
• Ruogu Li, 2015, "China and East Asian Currency Cooperation," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 17, "Reform of the International Monetary System and Internationalization of the Renminbi".
• Ruogu Li, 2015, "Currency Internationalization," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 18, "Reform of the International Monetary System and Internationalization of the Renminbi".
• Ruogu Li, 2015, "Internationalization of Major Currencies," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 19, "Reform of the International Monetary System and Internationalization of the Renminbi".
• Ruogu Li, 2015, "Current State of the Internationalization of the Renminbi," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 20, "Reform of the International Monetary System and Internationalization of the Renminbi".
• Ruogu Li, 2015, "Cost-benefit Analysis of the Internationalization of the Renminbi," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 21, "Reform of the International Monetary System and Internationalization of the Renminbi".
• Ruogu Li, 2015, "Pathway Towards Internationalizing the Renminbi," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 22, "Reform of the International Monetary System and Internationalization of the Renminbi".
• Stefan Trück & Rafal Weron, 2015, "Convenience yields and risk premiums in the EU-ETS - Evidence from the Kyoto commitment period," HSC Research Reports, Hugo Steinhaus Center, Wroclaw University of Science and Technology, number HSC/15/03.
• Julijana Angelovska, 2015, "Macedonian Small Investors’ Behavior Towards Stock Market," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, volume 18, issue 1, pages 51-60, May.
• Chen, Yu-Fu & Funke, Michael & Tao, Kunyu, 2015, "Financial market reform – A new driver for China's economic growth?," BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT), number 5/2015.
• Hasan, Iftekhar & Horvath, Roman & Mares, Jan, 2015, "What type of finance matters for growth? Bayesian model averaging evidence," Bank of Finland Research Discussion Papers, Bank of Finland, number 17/2015.
• Arnold, Eva A. & Größl, Ingrid & Koziol, Philipp, 2015, "Market discipline across bank governance models: Empirical evidence from German depositors," Discussion Papers, Deutsche Bundesbank, number 13/2015.
• Abbassi, Puriya & Fecht, Falko & Tischer, Johannes, 2015, "The intraday interest rate: What's that?," Discussion Papers, Deutsche Bundesbank, number 24/2015.
• Bednarek, Peter & Dinger, Valeriya & von Westernhagen, Natalja, 2015, "Fundamentals matter: Idiosyncratic shocks and interbank relations," Discussion Papers, Deutsche Bundesbank, number 44/2015.
• Agarwal, Vikas & Ma, Linlin & Mullally, Kevin, 2015, "Managerial multitasking in the mutual fund industry," CFR Working Papers, University of Cologne, Centre for Financial Research (CFR), number 13-10 [rev.].
• Baltzer, Markus & Jank, Stephan & Smajlbegovic, Esad, 2015, "Who trades on momentum?," CFR Working Papers, University of Cologne, Centre for Financial Research (CFR), number 15-01.
• Agarwal, Vikas & Arisoy, Y. Eser & Naik, Narayan Y., 2015, "Volatility of aggregate volatility and hedge funds returns," CFR Working Papers, University of Cologne, Centre for Financial Research (CFR), number 15-03.
• Agarwal, Vikas & Arisoy, Y. Eser & Naik, Narayan Y., 2015, "Volatility of aggregate volatility and hedge funds returns," CFR Working Papers, University of Cologne, Centre for Financial Research (CFR), number 15-03 [rev.].
• Kempf, Alexander & Mayston, Daniel & Gehde-Trapp, Monika & Yadav, Pradeep K., 2015, "Resiliency: A dynamic view of liquidity," CFR Working Papers, University of Cologne, Centre for Financial Research (CFR), number 15-04.
• Ederington, Louis & Guan, Wei & Yadav, Pradeep K., 2015, "Dealer spreads in the corporate bond market: Agent vs. market-making roles," CFR Working Papers, University of Cologne, Centre for Financial Research (CFR), number 15-11.
• Ben-Haim, Yakov & Demertzis, Maria, 2015, "Decision making in times of Knightian uncertainty: An info-gap perspective," Economics Discussion Papers, Kiel Institute for the World Economy, number 2015-42.
• Fecht, Falko & Reitz, Stefan & Weber, Patrick, 2015, "On the role of market makers for money market liquidity and tensions," Kiel Working Papers, Kiel Institute for the World Economy, number 2013.
• Schier, Michael & Voigtländer, Michael, 2015, "Immobilienpreise: Ist die Entwicklung am deutschen Wohnungsmarkt noch fundamental gerechtfertigt?," IW-Trends – Vierteljahresschrift zur empirischen Wirtschaftsforschung, Institut der deutschen Wirtschaft (IW) / German Economic Institute, volume 42, issue 1, pages 57-73, DOI: 10.2373/1864-810X.15-01-04.
• Acheson, Graeme G. & Campbell, Gareth & Turner, John D., 2015, "Who financed the expansion of the equity market? Shareholder clienteles in Victorian Britain," QUCEH Working Paper Series, Queen's University Belfast, Queen's University Centre for Economic History, number 15-07.
• Kraft, Holger & Munk, Claus & Wagner, Sebastian, 2015, "Housing habits and their implications for life-cycle consumption and investment," SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE, number 85, revised 2015, DOI: 10.2139/ssrn.2568518.
• Härdle, Wolfgang Karl & Trimborn, Simon, 2015, "CRIX or evaluating blockchain based currencies," SFB 649 Discussion Papers, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk, number 2015-048.
• Baltzer, Markus & Jank, Stephan & Smajlbegovic, Esad, 2015, "Who trades on momentum?," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association, number 112872.
• Focke, Florens & Ruenzi, Stefan & Ungeheuer, Michael, 2015, "Advertising, Attention, and Financial Markets," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association, number 113032.
• Siemroth, Christoph, 2015, "The impossibility of informationally efficient markets when forecasts are self-defeating," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association, number 113110.
• Scholtens, Bert & Veldhuis, Rineke, 2015, "How does the development of the financial industry advance renewable energy? A panel regression study of 198 countries over three decades," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association, number 113114.
• Jank, Stephan, 2015, "Specialized human capital, unemployment risk, and the value premium," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association, number 113214.
• Posch, Peter N. & Löffler, Gunter & Kranz, Sebastian, 2015, "Predatory Short Sales and Bailouts," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association, number 114734.
• Giovanni Dosi & Giorgio Fagiolo & Mauro Napoletano & Andrea Roventini & Tania Treibich, 2015, "Fiscal and monetary policies in complex evolving economies," Post-Print, HAL, number halshs-01241658, DOI: 10.1016/j.jedc.2014.11.014.
• André Orléan, 2015, "La valeur économique comme fait social : la preuve par les évaluations boursières," Post-Print, HAL, number halshs-01313727, Oct.
• Bruno Biais & Thierry Foucault & Sophie Moinas, 2015, "Equilibrium fast trading," Post-Print, HAL, number halshs-01400252, DOI: 10.1016/j.jfineco.2015.03.004.
• Nathalie Oriol & Alexandra Rufini & Dominique Torre, 2015, "Heterogeneous investors and trading platforms competition," Post-Print, HAL, number halshs-01444793, Oct, DOI: 10.1108/JRF-11-2014-0169.
• Giovanni Favara & Jean Imbs, 2015, "Credit Supply and the Price of Housing," PSE-Ecole d'économie de Paris (Postprint), HAL, number hal-01301589, Mar, DOI: 10.1257/aer.20121416.
• Jérôme Creel & Paul Hubert & Fabien Labondance, 2015, "The Intertwining of financialisation and financial instability," Sciences Po Economics Publications (main), HAL, number hal-01157936, May.
• Jérôme Creel & Paul Hubert & Fabien Labondance, 2015, "Financial stability and economic performance in Europe," Sciences Po Economics Publications (main), HAL, number hal-03459729, Aug, DOI: 10.1016/j.econmod.2014.10.025.
• Laurence Lescourret & Sophie Moinas, 2015, "Liquidity Supply across Multiple Trading Venues," Working Papers, HAL, number hal-01137813, Mar.
• Jérôme Creel & Paul Hubert & Fabien Labondance, 2015, "The Intertwining of financialisation and financial instability," Working Papers, HAL, number hal-01157936, May.
• Delphine Lahet & Anne-Gaël Vaubourg, 2015, "Banks' shareholding in multilateral trading facilities: A two-sided market perspective," Working Papers, HAL, number hal-01193061, Sep.
• Michael Cooper & Alexei Ovtchinnikov, 2015, "Geographical Vibrancy and Firm Performance," Working Papers, HAL, number hal-02002786, Mar.
• Lauren Stagnol, 2015, "Designing a corporate bond index on solvency criteria," Working Papers, HAL, number hal-04141378.
• Relwende Sawadogo & Samuel Guérineau, 2015, "Does Insurance Development Affect the Financial Markets in developing countries?," Working Papers, HAL, number halshs-01178840, Jul.
• Peter Csoka, 2015, "Fair risk allocation in illiquid markets," KRTK-KTI WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies, number 1509, Feb.
• Daniel Havran & Kata Varadi, 2015, "Price Impact and the Recovery of the Limit Order Book: Why Should We Care About Informed Liquidity Providers?," KRTK-KTI WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies, number 1540, Aug.
• Eva A. Arnold & Ingrid Größl & Philipp Koziol, 2015, "Market Discipline Across Bank Governance Models. Empirical Evidence from German Depositors," Macroeconomics and Finance Series, University of Hamburg, Department of Socioeconomics, number 201502, Mar.
• Hearn, Bruce & Oxelheim, Lars & Randøy, Trond, 2015, "The Institutional Determinants of Private Equity Involvement in Business Groups: The Case of Africa," Working Paper Series, Research Institute of Industrial Economics, number 1082, Sep.
• Kucheev, Yury O. & Ruiz, Felipe & Sorensson, Tomas, 2015, "Star sell-side analysts listed by Institutional Investor, The Wall Street Journal and StarMine. Whose recommendations are most profitable?," INDEK Working Paper Series, Royal Institute of Technology, Department of Industrial Economics and Management, number 2015/11, Jun.
• Byström, Hans, 2015, "Credit-Implied Forward Volatility and Volatility Expectations," Working Papers, Lund University, Department of Economics, number 2015:34, Sep.
• Aase, Knut K., 2015, "Recursive utility and jump-diffusions," Discussion Papers, Norwegian School of Economics, Department of Business and Management Science, number 2015/6, Jan.
• Chronopoulos, Michail & Hagspiel, Verena & Fleten, Stein–Erik, 2015, "Stepwise Investment and Capacity Sizing under Uncertainty," Discussion Papers, Norwegian School of Economics, Department of Business and Management Science, number 2015/10, Feb.
• Aase, Knut K. & Lillestøl, Jostein, 2015, "Beyond the local mean-variance analysis in continuous time: The problem of non-normality," Discussion Papers, Norwegian School of Economics, Department of Business and Management Science, number 2015/11, Feb.
• Aase, Knut K., 2015, "The equity premium in a production economy; A new perspective involving recursive utility," Discussion Papers, Norwegian School of Economics, Department of Business and Management Science, number 2015/15, Apr.
• Nordvig, Jens, 2015, "Legal Risk Premia During the Euro-Crisis: The Role of Credit and Redenomination Risk," Discussion Papers on Economics, University of Southern Denmark, Department of Economics, number 10/2015, May.
• Odegaard, Bernt Arne, 2015, "Empirics of the Oslo Stock Exchange. Basic, descriptive, results 1980-2014," UiS Working Papers in Economics and Finance, University of Stavanger, number 2015/3, Jan.
• Eckbo, B Espen & Odegaard, Bernt Arne, 2015, "Metoder for evaluering av aktiv fondsforvaltning," UiS Working Papers in Economics and Finance, University of Stavanger, number 2015/8, Nov.
• Hoffmann, Mathias & Stewen, Iryna, 2015, "Holes in the Dike: the global savings glut, U.S. house prices and the long shadow of banking deregulation," HIT-REFINED Working Paper Series, Institute of Economic Research, Hitotsubashi University, number 27, Jun.
• Tatiana Didier & Ross Levine & Sergio L. Schmukler, 2015, "Capital Market Financing, Firm Growth, and Firm Size Distribution," Working Papers, Hong Kong Institute for Monetary Research, number 172015, Aug.
• Xi Li & Mingyi Hung & Shiheng Wang, 2015, "Post-Earnings-Announcement Drift in Global Markets: Evidence from an Information Shock," HKUST IEMS Working Paper Series, HKUST Institute for Emerging Market Studies, number 2015-17, Mar, revised Mar 2015.
• Tarek Bouchaddekh & Abdelfatteh Bouri & Makram Nouaili, 2015, "Asset Pricing and Probability of Information-based Trading: Application to the Tunisian Stock Market," Oblik i finansi, Institute of Accounting and Finance, issue 1, pages 58-65, March.
• Lynda S. Livingston & Samantha A. Anders & Hiroki Tokuyama, 2015, "Viability Of A Peer-To-Peer Loan Market For Students And The Underbanked," Global Journal of Business Research, The Institute for Business and Finance Research, volume 9, issue 4, pages 53-66.
• Nicholas Apergis & Christis Hassapis & Christina Christou & Steve Johnson, 2015, "International Earnings To Price Ratio Convergence: Evidence From The European Union," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, volume 9, issue 5, pages 37-55.
• Daniel Folkinshteyn & Gulser Meric & Ilhan Meric, 2015, "Investor Reaction In Stock Market Crashes And Post-Crash Market Reversals," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, volume 9, issue 5, pages 57-70.
• Laetitia Pozniak, 2015, "Unregulated Markets And Internet Financial Communication: Qualitative And Quantitative Approaches," Review of Business and Finance Studies, The Institute for Business and Finance Research, volume 6, issue 1, pages 109-120.
• Hector Hugo Perez Villarreal & Mario Alberto Lagunes Perez & Sofia Elba Vazquez Herrera & Jesus Igor Heberto Barahona Torres, 2015, "Perceptions Of Customerâ´S Satisfaction In Financial Institutions: Evidence At Puebla, Mexico, Las Percepciones De La Satisfaccion Del Cliente En Las Entidades Financieras: Evidencia De Puebla, Mexico," Revista Internacional Administracion & Finanzas, The Institute for Business and Finance Research, volume 8, issue 6, pages 29-38.
• García-Machado, Juan J. & Rybczynski, Jaroslaw, 2015, "Three-Point Volatility Smile Classification: Evidence From The Warsow Stock Exchange During Volatile Summer 2011 / Clasificación De Las Sonrisas De Volatilidad Según Tres Puntos De Monetización: Evidencia Empírica Para La Bolsa De Varsovia Durante El," Investigaciones Europeas de Dirección y Economía de la Empresa (IEDEE), Academia Europea de Dirección y Economía de la Empresa (AEDEM), volume 21, issue 1, pages 17-25.
• Al Muntasir, 2015, "Cross Border Portfolio Investment and the Volatility of Stock Market Index and Rupiah's Rate," Bulletin of Monetary Economics and Banking, Bank Indonesia, volume 17, issue 4, pages 403-432, April, DOI: https://doi.org/10.21098/bemp.v17i4.
• Oliver Linton & Katja Smetanina, 2015, "Mean Ratio Statistic for measuring predictability," CeMMAP working papers, Centre for Microdata Methods and Practice, Institute for Fiscal Studies, number CWP08/15, Feb.
• Seok Young Hong & Oliver Linton & Hui Jun Zhang, 2015, "An investigation into multivariate variance ratio statistics and their application to stock market predictability," CeMMAP working papers, Centre for Microdata Methods and Practice, Institute for Fiscal Studies, number CWP13/15, Mar.
• William R. Cline, 2015, "Further Statistical Debate on "Too Much Finance"," Working Paper Series, Peterson Institute for International Economics, number WP15-16, Oct.
• Celal Barkan GÜRAN & Oktay TAŞ, 2015, "Making Second Order Stochastic Dominance inefficient Mean Variance Portfolio efficient: Application in Turkish BIST-30 Index," Iktisat Isletme ve Finans, Bilgesel Yayincilik, volume 30, issue 348, pages 69-94.
• Yiğit ATILGAN & K.Özgür DEMİRTAŞ & Alper ERDOĞAN, 2015, "Macroeconomic factors and equity returns in Borsa İstanbul," Iktisat Isletme ve Finans, Bilgesel Yayincilik, volume 30, issue 349, pages 09-30.
• Vasif ABİYEV, 2015, "Time-Varying Beta Risk and Its Modeling Techniques for Turkish Industry Portfolios," Iktisat Isletme ve Finans, Bilgesel Yayincilik, volume 30, issue 352, pages 79-108.
• Vivek Ghosal & Yang Ye, 2015, "Uncertainty and the Employment Dynamics of Small and Large Businesses," IMF Working Papers, International Monetary Fund, number 2015/004, Jan.
• Gordon Burtch & Anindya Ghose & Sunil Wattal, 2015, "The Hidden Cost of Accommodating Crowdfunder Privacy Preferences: A Randomized Field Experiment," Management Science, INFORMS, volume 61, issue 5, pages 949-962, May, DOI: 10.1287/mnsc.2014.2069.
• Hatice Gaye Gencer, 2015, "Flight-to-quality or contagion effect? An analysis from the Turkish and the US financial markets," Financial Theory and Practice, Institute of Public Finance, volume 39, issue 3, pages 325-340.
• Helena Chuliá & Montserrat Guillén & Jorge M. Uribe, 2015, "“Measuaring Uncertainty in the Stock Market”," IREA Working Papers, University of Barcelona, Research Institute of Applied Economics, number 201524, Nov, revised Nov 2015.
• Carrillo-Tudela, Carlos & Graber, Michael & Wälde, Klaus, 2015, "Unemployment and Vacancy Dynamics with Imperfect Financial Markets," IZA Discussion Papers, IZA Network @ LISER, number 9525, Nov.
• Pyemo N. Afego, 2015, "Market efficiency in developing African stock markets: what do we know?," Journal of Developing Areas, Tennessee State University, College of Business, volume 49, issue 1, pages 243-266, January-M.
• Olayeni O. Richard* & Olofin O. Philip*, 2015, "Spillover from oil market to stock market in Nigeria: Evidence from granger causality in risk," Journal of Developing Areas, Tennessee State University, College of Business, volume 49, issue 3, pages 81-101, July-Sepe.
• Aftab Parvez Khan & Sarkar Humayun Kabir & Omar K M R Bashar & A. Mansur M. Masih, 2015, "Time Varying Correlation Between Islamic Equity and Commodity Returns: Implications for Portfolio Diversification," Journal of Developing Areas, Tennessee State University, College of Business, volume 49, issue 5, pages 115-128, Special I.
• Dilip Madan, 2015, "Asset pricing theory for two price economies," Annals of Finance, Springer, volume 11, issue 1, pages 1-35, February, DOI: 10.1007/s10436-014-0255-8.
• Benjamin Jourdain & Julien Reygner, 2015, "Capital distribution and portfolio performance in the mean-field Atlas model," Annals of Finance, Springer, volume 11, issue 2, pages 151-198, May, DOI: 10.1007/s10436-014-0258-5.
• Przemysław Rola, 2015, "Arbitrage in markets with bid-ask spreads," Annals of Finance, Springer, volume 11, issue 3, pages 453-475, November, DOI: 10.1007/s10436-015-0266-0.
• Jan Baldeaux & Eckhard Platen, 2015, "Credit Derivative Evaluation and CVA Under the Benchmark Approach," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, volume 22, issue 3, pages 305-331, September, DOI: 10.1007/s10690-015-9204-4.
• Ke Liu & Kin Lai & Jerome Yen & Qing Zhu, 2015, "A Model of Stock Manipulation Ramping Tricks," Computational Economics, Springer;Society for Computational Economics, volume 45, issue 1, pages 135-150, January, DOI: 10.1007/s10614-013-9412-9.
• Edward Sun & Timm Kruse & Min-Teh Yu, 2015, "Financial Transaction Tax: Policy Analytics Based on Optimal Trading," Computational Economics, Springer;Society for Computational Economics, volume 46, issue 1, pages 103-141, June, DOI: 10.1007/s10614-014-9473-4.
• Krzysztof Waśniewski, 2015, "Discretionary freedom of choice and risk in alternative capital markets," European Journal of Law and Economics, Springer, volume 39, issue 3, pages 573-605, June, DOI: 10.1007/s10657-012-9316-5.
• Po-Chin Wu & Sheng-Chieh Pan & Xue-Ling Tai, 2015, "Non-linearity, persistence and spillover effects in stock returns: the role of the volatility index," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, volume 42, issue 3, pages 597-613, August, DOI: 10.1007/s10663-014-9266-y.
• Thomas Stöckl & Jürgen Huber & Michael Kirchler, 2015, "Multi-period experimental asset markets with distinct fundamental value regimes," Experimental Economics, Springer;Economic Science Association, volume 18, issue 2, pages 314-334, June, DOI: 10.1007/s10683-014-9404-1.
• Caterina Liberati & Massimiliano Marzo & Paolo Zagaglia & Paola Zappa, 2015, "Drivers of demand and supply in the Euro interbank market: the role of “Key Players” during the recent turmoil," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, volume 29, issue 3, pages 207-250, August, DOI: 10.1007/s11408-015-0251-7.
• Ansgar Belke & Christian Dreger & Richard Ochmann, 2015, "Do wealthier households save more? The impact of the demographic factor," International Economics and Economic Policy, Springer, volume 12, issue 2, pages 163-173, June, DOI: 10.1007/s10368-014-0275-x.
• S. Price & Jesus Salas & C. Sirmans, 2015, "Governance, Conference Calls and CEO Compensation," The Journal of Real Estate Finance and Economics, Springer, volume 50, issue 2, pages 181-206, February, DOI: 10.1007/s11146-014-9457-0.
• Beatrice Simo-Kengne & Stephen Miller & Rangan Gupta & Goodness Aye, 2015, "Time-Varying Effects of Housing and Stock Returns on U.S. Consumption," The Journal of Real Estate Finance and Economics, Springer, volume 50, issue 3, pages 339-354, April, DOI: 10.1007/s11146-014-9470-3.
• Robert Vermeulen & Marco Hoeberichts & Bořek Vašíček & Diana Žigraiová & Kateřina Šmídková & Jakob Haan, 2015, "Financial Stress Indices and Financial Crises," Open Economies Review, Springer, volume 26, issue 3, pages 383-406, July, DOI: 10.1007/s11079-015-9348-x.
• Naomi Boyd, 2015, "Market making and risk management in options markets," Review of Derivatives Research, Springer, volume 18, issue 1, pages 1-27, April, DOI: 10.1007/s11147-014-9101-4.
• Benjamin Blau & Tyler Brough, 2015, "Are put-call ratios a substitute for short sales?," Review of Derivatives Research, Springer, volume 18, issue 1, pages 51-73, April, DOI: 10.1007/s11147-014-9102-3.
• Meichi Huang & Chih-Chiang Wu, 2015, "Economic benefits and determinants of extreme dependences between REIT and stock returns," Review of Quantitative Finance and Accounting, Springer, volume 44, issue 2, pages 299-327, February, DOI: 10.1007/s11156-013-0407-3.
• Hsien-Li Lee & Hua Lee, 2015, "Effect of information disclosure and transparency ranking system on mispricing of accruals of Taiwanese firms," Review of Quantitative Finance and Accounting, Springer, volume 44, issue 3, pages 445-471, April, DOI: 10.1007/s11156-013-0413-5.
• Moonsoo Kang & Kiseok Nam, 2015, "Informed trade and idiosyncratic return variation," Review of Quantitative Finance and Accounting, Springer, volume 44, issue 3, pages 551-572, April, DOI: 10.1007/s11156-013-0417-1.
• Sung Kwon & Jennifer Yin, 2015, "A comparison of earnings persistence in high-tech and non-high-tech firms," Review of Quantitative Finance and Accounting, Springer, volume 44, issue 4, pages 645-668, May, DOI: 10.1007/s11156-013-0421-5.
• Thomas Chiang & Jiandong Li & Sheng-Yung Yang, 2015, "Dynamic stock–bond return correlations and financial market uncertainty," Review of Quantitative Finance and Accounting, Springer, volume 45, issue 1, pages 59-88, July, DOI: 10.1007/s11156-013-0430-4.
• Vivek Ghosal & Yang Ye, 2015, "Uncertainty and the employment dynamics of small and large businesses," Small Business Economics, Springer, volume 44, issue 3, pages 529-558, March, DOI: 10.1007/s11187-014-9614-0.
• Takuji Arai & Ryoichi Suzuki, 2015, "Local risk-minimization for Barndorff-Nielsen and Shephard models," Keio-IES Discussion Paper Series, Institute for Economics Studies, Keio University, number 2015-003, Mar.
• Emmanuel Kofi Gavu & Kahad Adamu, 2015, "The Growth and Challenges of Mortgage Origination in Ghana," World of Real Estate Journal (Swiat Nieruchomosci), Fundacja Uniwersytetu Ekonomicznego w Krakowie, issue 94, pages 29-36, December, DOI: 10.14659/worej.2015.94.05.
• Havran, Dániel & Erb, Tamás, 2015, "Mit veszítünk a piaci súrlódásokkal?. A pénzügyi piacok mikrostruktúrája
  [Trading mechanisms and market frictions. Microstructure of the financial markets]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), volume 0, issue 3, pages 229-262.
• Tai-Yuen HON & Richard C. LAM, 2015, "Decision-Making in the Hong Kong Bank Stock Market," Journal of Economics and Political Economy, KSP Journals, volume 2, issue 4, pages 481-493, December.
• Tai-Yuen HON, 2015, "A Factor Analysis of Investment Behaviour for Small Investors in the Hong Kong Stock Market," Journal of Economics Library, KSP Journals, volume 2, issue 2, pages 68-78, June.
• Tai-Yuen HON, 2015, "The Preferences and Investment Behaviour of Small Investors in the Hong Kong Bank Stock Market," Journal of Economics Bibliography, KSP Journals, volume 2, issue 2, pages 39-47, June.
• Tai-Yuen HON, 2015, "Rank Correlation Analysis of Investment Decisionfor Small Investors in the Hong Kong Derivatives Markets," Journal of Economics Bibliography, KSP Journals, volume 2, issue 3, pages 106-116, September.
• Delphine Lahet & Anne-Gaël Vaubourg, 2015, "The aim of this paper is to account for the observation that banks are both owners and clients of Multilateral Trading Facilities (MTFs) which were created in Europe after the implementation of the Markets in Financial Instruments Directive (MiFID). ," Larefi Working Papers, Larefi, Université Bordeaux 4, number 1503, Sep.
• Emilio Rojas Olea & Werner Kristjanpoller Rodríguez, 2015, "Price-volume ratio analysis by causality and day-of-the-week effect for the Latin American stock markets," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 83, pages 9-31, Julio - D, DOI: 10.17533/udea.le.n83a01.
• Yeva Nersisyan, 2015, "The Repeal of the Glass-Steagall Act and the Federal Reserve's Extraordinary Intervention during the Global Financial Crisis," Economics Working Paper Archive, Levy Economics Institute, number wp_829, Jan.
• Onem Ozocak, 2015, "Price impact of informed trades in the U.S. treasury markets," Journal of Economic and Financial Studies (JEFS), LAR Center Press, volume 3, issue 3, pages 29-40, June.
• Abdelmajid Ibenrissoul & Zouigui Maroua, 2015, "Impact of Financial Risks on the Value of Moroccan Companies," International Journal of Business and Social Research, LAR Center Press, volume 5, issue 3, pages 82-94, March.
• Stefania Cosci & Valentina Meliciani & Valentina Sabato, 2015, "Relationship Lending And Innovation: Empirical Evidence On A Sample Of European Firms," CERBE Working Papers, CERBE Center for Relationship Banking and Economics, number wpC04, Mar.
• Nadezda Sinenko & Olga Lielkalne, 2015, "Cobweb diagram as a tool for assesing changes in the most important financial stability risks," Discussion Papers, Latvijas Banka, number 2015/01, Jul.
• Thomas Flavin & Lisa Sheenan, 2015, "The role of U.S. subprime mortgage-backed assets in propagating the crisis:contagion or interdependence?," Economics Department Working Paper Series, Department of Economics, National University of Ireland - Maynooth, number n260-15.pdf.
• Zare, Roohollah, 2015, "Asymmetric Effects of Monetary Policy and Business Cycles in Iran using Markov-Switching Models," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, volume 10, issue 4, pages 125-142, October.
• Aftab Parvez Khan & Obiyathulla Ismath Bacha & Abul Mansur Mohammed Masih, 2015, "Performance and Trading Characteristics of Exchange Traded Funds: Developed vs Emerging Markets," Capital Markets Review, Malaysian Finance Association, volume 23, issue 1&2, pages 40-64.
• Abdelmajid Ibenrissoul & Zouigui Maroua, 2015, "Impact of Financial Risks on the Value of Moroccan Companies," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, volume 5, issue 3, pages 82-94, March.
• Chiara Pederzoli & Costanza Torricelli, 2015, "Systemic risk measures and macroprudential stress tests. An assessment over the 2014 EBA exercise," Centro Studi di Banca e Finanza (CEFIN) (Center for Studies in Banking and Finance), Universita di Modena e Reggio Emilia, Dipartimento di Economia "Marco Biagi", number 0054, Jul.
• Hyejin Cho, 2015, "The Bank Capital Regulation (BCR) Model," Documents de travail du Centre d'Economie de la Sorbonne, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne, number 15021, Feb.
• Stefano Bosi & Cuong Le Van & Ngoc-Sang Pham, 2015, "Intertemporal equilibrium with heterogeneous agents, endogenous dividends and borrowing constraints," Documents de travail du Centre d'Economie de la Sorbonne, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne, number 15067, Sep.
• Stefano Bosi & Cuong Le Van & Ngoc-Sang Pham, 2015, "Intertemporal equilibrium with heterogeneous agents, endogenous dividends and collateral constraints," Documents de travail du Centre d'Economie de la Sorbonne, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne, number 15067r, Sep, revised Feb 2017.
• Stefano Bosi & Cuong Le Van & Ngoc-Sang Pham, 2015, "Intertemporal equilibrium with heterogeneous agents, endogenous dividends and collateral constraints," Documents de travail du Centre d'Economie de la Sorbonne, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne, number 15067rr, Sep, revised Mar 2018, DOI: 10.1016/j.jmateco.2018.01.006.
• Fabozzi, Frank J., 2015, "Capital Markets: Institutions, Instruments, and Risk Management, Fifth Edition," MIT Press Books, The MIT Press, number 0262029480, edition 5, ISBN: ARRAY(0x66b199a0), December.
• Henriëtte Prast & Mariacristina Rossi & Costanza Torricelli & Dario Sansone, 2015, "Do Women Prefer Pink? The Effect of a Gender Stereotypical Stock Portfolio on Investing Decisions," Politica economica, Società editrice il Mulino, issue 3, pages 377-420.
• Tomasz Skoczylas, 2015, "Log-volatility enhanced GARCH models for single asset returns," Bank i Kredyt, Narodowy Bank Polski, volume 46, issue 5, pages 411-432.
• George M. Constantinides & Lei Lian, 2015, "The Supply and Demand of S&P 500 Put Options," NBER Working Papers, National Bureau of Economic Research, Inc, number 21161, May.
• Robert P. Bartlett, III & Justin McCrary, 2015, "Dark Trading at the Midpoint: Pricing Rules, Order Flow, and High Frequency Liquidity Provision," NBER Working Papers, National Bureau of Economic Research, Inc, number 21286, Jun.
• Ravi Jagannathan & Binying Liu, 2015, "Dividend Dynamics, Learning, and Expected Stock Index Returns," NBER Working Papers, National Bureau of Economic Research, Inc, number 21557, Sep.
• William Goetzmann & Simon Huang, 2015, "Momentum in Imperial Russia," NBER Working Papers, National Bureau of Economic Research, Inc, number 21700, Nov.
• Carola Frydman & Dimitris Papanikolaou, 2015, "In Search of Ideas: Technological Innovation and Executive Pay Inequality," NBER Working Papers, National Bureau of Economic Research, Inc, number 21795, Dec.
• Mirkin, Yu., 2015, "Finance According to Greenspan," Journal of the New Economic Association, New Economic Association, volume 25, issue 1, pages 212-217.
• Sourafel Girma & Sandra Lancheros & Alejandro Riano, 2015, "Global Engagement and Returns Volatility," Discussion Papers, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM), number 2015/12.
• Agarwal, Vikas & Mullally, Kevin A. & Naik, Narayan Y., 2015, "The Economics and Finance of Hedge Funds: A Review of the Academic Literature," Foundations and Trends(R) in Finance, now publishers, volume 10, issue 1, pages 1-111, December, DOI: 10.1561/0500000047.
• Nicolae-Marius JULA, 2015, "Modelling loans and deposits during electoral years in Romania," Computational Methods in Social Sciences (CMSS), "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences, volume 3, issue 1, pages 43-48, June.
• Viktoria Baklanova & Adam Copeland & Rebecca McCaughrin, 2015, "Reference Guide to U.S. Repo and Securities Lending Markets," Working Papers, Office of Financial Research, US Department of the Treasury, number 15-17, Sep.
• Chiriac Silviu-Cornel-Virgil & Ofileanu Dimi, 2015, "Modern Options For The Financing Of The Real Estate Investments," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, volume 1, issue 1, pages 873-881, July.
• Andone Diana, 2015, "Aggregate Rating Model In Romanian Tourism," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, volume 1, issue 2, pages 361-369, December.
• Dilip B. Madan, 2015, "Recovering Statistical Theory in the Context of Model Calibrations," Journal of Financial Econometrics, Oxford University Press, volume 13, issue 2, pages 260-292.
• Janine Balter, 2015, "Quarticity Estimation on ohlc Data," Journal of Financial Econometrics, Oxford University Press, volume 13, issue 2, pages 505-519.
• Marine Carrasco & Rachidi Kotchoni, 2015, "Adaptive Realized Kernels," Journal of Financial Econometrics, Oxford University Press, volume 13, issue 4, pages 757-797.
• Eric Budish & Peter Cramton & John Shim, 2015, "Editor's Choice The High-Frequency Trading Arms Race: Frequent Batch Auctions as a Market Design Response," The Quarterly Journal of Economics, President and Fellows of Harvard College, volume 130, issue 4, pages 1547-1621.
• Hitesh Doshi & Redouane Elkamhi & Mikhail Simutin, 2015, "Managerial Activeness and Mutual Fund Performance," The Review of Asset Pricing Studies, Society for Financial Studies, volume 5, issue 2, pages 156-184.
• Agostino Capponi & Martin Larsson, 2015, "Price Contagion through Balance Sheet Linkages," The Review of Asset Pricing Studies, Society for Financial Studies, volume 5, issue 2, pages 227-253.
• Hans Degryse & Frank de Jong & Vincent van Kervel, 2015, "The Impact of Dark Trading and Visible Fragmentation on Market Quality," Review of Finance, European Finance Association, volume 19, issue 4, pages 1587-1622.