Research classified by Journal of Economic Literature (JEL) codes

2004

• Rosa María Cáceres Apolinario & Juan García Boza, 2004, "Análisis Del Riesgo Beta En El Mercado Bursátil Español," 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 3, issue 2, pages 145-168, Junio 200.
• Alberto Naudon & Matías Tapia & Felipe Zurita, 2004, "Ignorance, Fixed Costs, and the Stock-Market Participation Puzzle," Documentos de Trabajo, Instituto de Economia. Pontificia Universidad Católica de Chile., number 262.
• Carlos Forner & Joaquín Marhuenda, 2004, "Beneficios Del Momentum En El Mercado Español: ¿Incorrecta Especificacion De Los Modelos De Valoración O Irracionalidad De Los Inversores?," Working Papers. Serie EC, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie), number 2004-20, Oct.
• Cobb-Clark, Deborah A. & Hildebrand, Vincent A., 2004, "The Wealth of Mexican Americans," IZA Discussion Papers, Institute of Labor Economics (IZA), number 1150, May.
• Soo-Jong Kim & Suyeol Ryu, 2004, "Comparative Statics Under Uncertainty With The Monotone Likelihood Ratio Order," Korean Economic Review, Korean Economic Association, volume 20, pages 293-304.
• Janecskó, Balázs, 2004, "A Bázel II. belső minősítésen alapuló módszerének közgazdasági-matematikai háttere és a granularitási korrekció elmélete
  [The economic and mathematical background to the Basel II internal ratings-b," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), volume 0, issue 3, pages 218-234.
• Thorsten Hens & Klaus Reiner Schenk-Hoppé, 2004, "Survival of the Fittest on Wall Street," Discussion Papers, University of Copenhagen. Department of Economics, number 04-03, Feb.
• Jaroslava HLOUSKOVA & Kurt SCHMIDHEINY & Martin WAGNER, 2004, "Multistep Predictions for Multivariate GARCH Models: Closed Form Solution and the Value for Portfolio Management," Cahiers de Recherches Economiques du Département d'économie, Université de Lausanne, Faculté des HEC, Département d’économie, number 04.10, Jun.
• Wiese, Jörg, 2004, "Unternehmensbewertung mit dem Nachsteuer-CAPM?," Discussion Papers in Business Administration, University of Munich, Munich School of Management, number 1894, Feb.
• Akhmad Bayhaqi, 2004, "Speculative Investment Drives Out Good Investment: Why it is Important to Minimize Speculative Investment of Real Estate in Singapore," Economics and Finance in Indonesia, Faculty of Economics and Business, University of Indonesia, volume 52, pages 81-101, August.
• Kaïs Dachraoui & Georges Dionne, 2004, "Conditions Ensuring the Separability of Asset Demand for All Risk-Averse Investors," Cahiers de recherche, CIRPEE, number 0411.
• Thomas Flavin, 2004, "The effect of the Euro on country versus industry portfolio diversification," Economics Department Working Paper Series, Department of Economics, National University of Ireland - Maynooth, number n1411004, Oct.
• Deborah A. Cobb-Clark & Vincent Hildebrand, 2004, "The Wealth of Mexican Americans," Social and Economic Dimensions of an Aging Population Research Papers, McMaster University, number 116, May.
• Sule Alan, 2004, "Precautionary Wealth and Portfolio Allocation: Evidence from Canadian Microdata," Social and Economic Dimensions of an Aging Population Research Papers, McMaster University, number 117, May.
• Kevin Milligan, 2004, "Life-cycle Asset Accumulation and Allocation in Canada," Social and Economic Dimensions of an Aging Population Research Papers, McMaster University, number 122, Oct.
• Barbara Berkel, 2004, "Institutional Determinants of International Equity Portfolios - A Country-Level Analysis," MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy, number 04061, Nov.
• Ken L. Bechmann, 2004, "Price and Volume Effects Associated with Changes in the Danish Blue-Chip Index: The KFX Index," Multinational Finance Journal, Multinational Finance Journal, volume 8, issue 1-2, pages 3-34, March-Jun.
• Hashem Pesaran & Paolo Zaffaroni & Banca d'Italia), 2004, "Model Averaging and Value-at-Risk based Evaluation of Large Multi Asset Volatility Models for Risk Management," Money Macro and Finance (MMF) Research Group Conference 2004, Money Macro and Finance Research Group, number 101, Sep.
• Raman Uppal & Lorenzo Garlappi & Tan Wang, 2004, "Portfolio Selection with Parameter and Model Uncertainty: A Multi-Prior Approach," Money Macro and Finance (MMF) Research Group Conference 2004, Money Macro and Finance Research Group, number 54, Sep.
• Guerdjikova, Ani, 2004, "Evolution of wealth and asset prices in markets with case-based investors," Papers, Sonderforschungsbreich 504, number 04-49.
• Klos, Alexander & Weber, Martin, 2004, "Portfolio choice in the presence of nontradeable income : an experimental analysis," Papers, Sonderforschungsbreich 504, number 04-01.
• Sévi, B., 2004, "On the exact minimum variance hedge of an un- certain quantity with flexibility," Cahiers du CREDEN (CREDEN Working Papers), CREDEN (Centre de Recherche en Economie et Droit de l'Energie), Faculty of Economics, University of Montpellier 1, number 04.12.53.
• Don U.A. Galagedera & Elizabeth A. Maharaj, 2004, "Wavelet timescales and conditional relationship between higher-order systematic co-moments and portfolio returns: evidence in Australian data," Monash Econometrics and Business Statistics Working Papers, Monash University, Department of Econometrics and Business Statistics, number 16/04, Oct.
• Mary Beth Combs, 2004, "The Price of Independence: How the 1870 Married Women's Property Act Altered the Investment Risks Faced by Lower Middle Class British Women," Journal of Economic Insight, Missouri Valley Economic Association, volume 30, issue 2, pages 1-26.
• Jeffrey R. Brown & Zoran Ivkovich & Paul A. Smith & Scott Weisbenner, 2004, "The Geography of Stock Market Participation: The Influence of Communities and Local Firms," NBER Working Papers, National Bureau of Economic Research, Inc, number 10235, Jan.
• Olivia S. Mitchell & John Piggott, 2004, "Unlocking Housing Equity in Japan," NBER Working Papers, National Bureau of Economic Research, Inc, number 10340, Mar.
• William N. Goetzmann & Massimo Massa & Andrei Simonov, 2004, "Portfolio Diversification and City Agglomeration," NBER Working Papers, National Bureau of Economic Research, Inc, number 10343, Mar.
• Jeffrey R. Brown & Nellie Liang & Scott Weisbenner, 2004, "401(k) Matching Contributions in Company Stock: Costs and Benefits for Firms and Workers," NBER Working Papers, National Bureau of Economic Research, Inc, number 10419, Apr.
• Zoran Ivkovich & Scott Weisbenner, 2004, "Information Diffusion Effects in Individual Investors' Common Stock Purchases: Covet Thy Neighbors' Investment Choices," NBER Working Papers, National Bureau of Economic Research, Inc, number 10436, Apr.
• Gopal K. Basak & Ravi Jagannathan & Tongshu Ma, 2004, "A Jackknife Estimator for Tracking Error Variance of Optimal Portfolios Constructed Using Estimated Inputs1," NBER Working Papers, National Bureau of Economic Research, Inc, number 10447, Apr.
• Gary Gorton & K. Geert Rouwenhorst, 2004, "Facts and Fantasies about Commodity Futures," NBER Working Papers, National Bureau of Economic Research, Inc, number 10595, Jun.
• Zoran Ivkovich & Clemens Sialm & Scott Weisbenner, 2004, "Portfolio Concentration and the Performance of Individual Investors," NBER Working Papers, National Bureau of Economic Research, Inc, number 10675, Aug.
• Ravi Bansal & Magnus Dahlquist & Campbell R. Harvey, 2004, "Dynamic Trading Strategies and Portfolio Choice," NBER Working Papers, National Bureau of Economic Research, Inc, number 10820, Oct.
• Kevin Milligan, 2004, "Life-Cycle Asset Accumulation and Allocation in Canada," NBER Working Papers, National Bureau of Economic Research, Inc, number 10860, Oct.
• Raj Chetty & Adam Szeidl, 2004, "Consumption Commitments and Habit Formation," NBER Working Papers, National Bureau of Economic Research, Inc, number 10970, Dec.
• Anthony W. Lynch & Sinan Tan, 2004, "Explaining the Magnitude of Liquidity Premia: The Roles of Return Predictability, Wealth Shocks and State-Dependent Transaction Costs," NBER Working Papers, National Bureau of Economic Research, Inc, number 10994, Dec.
• Anthony W. Lynch & Sinan Tan, 2004, "Labor Income Dynamics at Business-Cycle Frequencies: Implications for Portfolio Choice," NBER Working Papers, National Bureau of Economic Research, Inc, number 11010, Dec.
• Miguel Lebre de Freitas, 2004, "Currency Substitution, portfolio Diversification and Money Demand," NIPE Working Papers, NIPE - Universidade do Minho, number 9/2004.
• Darren Massey, 2004, "Is the Risk Profile of Australian Superannuation Funds Changing?," Taxation, ATAX, University of New South Wales, number 101, Nov.
• John Quah, 2004, "The aggregate weak axiom in a financial economy through dominant substitution effects," Economics Papers, Economics Group, Nuffield College, University of Oxford, number 2004-W18, Aug.
• Michael Ben-Gad, 2004, "The Welfare Effects of the Reagan Deficits: A Portfolio Choice Approach," Economic Inquiry, Western Economic Association International, volume 42, issue 3, pages 441-454, July.
• Andrew J. Patton, 2004, "On the Out-of-Sample Importance of Skewness and Asymmetric Dependence for Asset Allocation," Journal of Financial Econometrics, Oxford University Press, volume 2, issue 1, pages 130-168.
• Dimitrios P Tsomocos & Charles A.E. Goodhart & Bank of England & London School of Economics & and Financial Markets Group & Pojanart Sunirand & Bank of England, 2004, "A Time Series Analysis of Financial Fragility in the UK Banking System," Economics Series Working Papers, University of Oxford, Department of Economics, number 2004-FE-18, Sep.
• Anjum Aqeel & Mohammed Nishat, 2004, "The Determinants of Foreign Direct Investment in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, volume 43, issue 4, pages 651-664.
• Shahbaz Nasir & Mahmood Khalid, 2004, "Saving-investment Behaviour in Pakistan: An Empirical Investigation," The Pakistan Development Review, Pakistan Institute of Development Economics, volume 43, issue 4, pages 665-682.
• Zeshan Atique & Mohsin Hasnain Ahmad & Usman Azhar, 2004, "The Impact of FDI on Economic Growth under Foreign Trade Regimes: A Case Study of Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, volume 43, issue 4, pages 707-718.
• Carlos Alves & Victor Mendes, 2004, "Self-Interest on Mutual Fund Management: Evidence from the Portuguese Market," FEP Working Papers, Universidade do Porto, Faculdade de Economia do Porto, number 162, Nov.
• Taboga, Marco, 2004, "A Simple Model of Robust Portfolio Selection," MPRA Paper, University Library of Munich, Germany, number 16472, Jun.
• Gilroy, Bernard Michael & Lukas, Elmar, 2004, "Optionen der Internationalisierung: Motive ausländischer Direktinvestitionen in einem neuen Licht
  [Options of internationalisation: motives for foreign direct invetsment in a new light]," MPRA Paper, University Library of Munich, Germany, number 21539.
• Ji, Tingting, 2004, "Essays on consumer portfolio choice and credit risk," MPRA Paper, University Library of Munich, Germany, number 3161, Oct.
• Ji, Tingting, 2004, "Consumer Credit Delinquency And Bankruptcy Forecasting Using Advanced Econometrc Modeling," MPRA Paper, University Library of Munich, Germany, number 3187, Oct.
• Lucena, Pierre & Fugueiredo, Antonio Carlos, 2004, "Pressupostos de Eficiência de Mercado: um estudo empírico na Bovespa
  [Assumptions of Market Efficiency: an empirical analysis at Bovespa/Brazil]," MPRA Paper, University Library of Munich, Germany, number 40884.
• Fellner, Gerlinde & Guth, Werner & Maciejovsky, Boris, 2004, "Illusion of expertise in portfolio decisions: an experimental approach," Journal of Economic Behavior & Organization, Elsevier, volume 55, issue 3, pages 355-376, November.
• Kassar, Ilhem & Lasserre, Pierre, 2004, "Species preservation and biodiversity value: a real options approach," Journal of Environmental Economics and Management, Elsevier, volume 48, issue 2, pages 857-879, September.
• Rosen, H.S.Harvey S. & Wu, Stephen, 2004, "Portfolio choice and health status," Journal of Financial Economics, Elsevier, volume 72, issue 3, pages 457-484, June.
• Flavin, Thomas J., 2004, "The effect of the Euro on country versus industry portfolio diversification," Journal of International Money and Finance, Elsevier, volume 23, issue 7-8, pages 1137-1158.
• Mitchell, Olivia S. & Piggott, John, 2004, "Unlocking housing equity in Japan," Journal of the Japanese and International Economies, Elsevier, volume 18, issue 4, pages 466-505, December.
• Aaronson, Daniel & Bostic, Raphael W. & Huck, Paul & Townsend, Robert, 2004, "Supplier relationships and small business use of trade credit," Journal of Urban Economics, Elsevier, volume 55, issue 1, pages 46-67, January.
• Aliprantis, C. D. & Florenzano, M. & Martins-da-Rocha, V. F. & Tourky, R., 2004, "Equilibrium analysis in financial markets with countably many securities," Journal of Mathematical Economics, Elsevier, volume 40, issue 6, pages 683-699, September.
• Reynard, Samuel, 2004, "Financial market participation and the apparent instability of money demand," Journal of Monetary Economics, Elsevier, volume 51, issue 6, pages 1297-1317, September.
• Bauer, Rob & Derwall, Jeroen & Molenaar, Roderick, 2004, "The real-time predictability of the size and value premium in Japan," Pacific-Basin Finance Journal, Elsevier, volume 12, issue 5, pages 503-523, November.
• Shoven, John B. & Sialm, Clemens, 2004, "Asset location in tax-deferred and conventional savings accounts," Journal of Public Economics, Elsevier, volume 88, issue 1-2, pages 23-38, January.
• Auerbach, Alan J. & Bradford, David F., 2004, "Generalized cash-flow taxation," Journal of Public Economics, Elsevier, volume 88, issue 5, pages 957-980, April.
• Patrick Coggi & Bogdan Manescu, 2004, "A multifactor model of stock returns with endogenous regime switching," University of St. Gallen Department of Economics working paper series 2004, Department of Economics, University of St. Gallen, number 2004-01, Jan.
• David Colwell & Nadima El-Hassan & Oh-Kang Kwon, 2004, "Hedging Diffusion Processes by Local Risk-Minimisation with Applications to Index Tracking," Research Paper Series, Quantitative Finance Research Centre, University of Technology, Sydney, number 119, Feb.
• Saltuk Ozerturk, 2004, "Direct sale of information when precision is unobservable," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, volume 37, issue 2, pages 269-293, May, DOI: 10.1111/j.0008-4085.2004.00002.x.
• Vladislav KArgin, 2004, "Optimal Convergence Trading," Finance, University Library of Munich, Germany, number 0401003, Jan.
• Capocci Daniel & Corhay Albert & Hübner Georges, 2004, "Hedge Fund Performance and Persistence in Bull and Bear Markets," Finance, University Library of Munich, Germany, number 0402018, Feb.
• Don U.A. Galagedera & Roland Shami, 2004, "Association between Markov regime-switching market volatility and beta risk: Evidence from Dow Jones industrial securities," Finance, University Library of Munich, Germany, number 0406011, Jun.
• Don U.A. Galagedera, 2004, "A Survey On Investment Performance Appraisal Methods With Special Reference To Data Envelopment Analysis," Finance, University Library of Munich, Germany, number 0406013, Jun.
• Sandeep Kapur & Allan Timmermann, 2004, "Relative Performance Evaluation Contracts and Asset Market Equilibrium," Finance, University Library of Munich, Germany, number 0408001, Aug.
• Cornelis A. Los, 2004, "Optimal Asian Multi-Currency Strategy Portfolios with Exact Risk Attribution," Finance, University Library of Munich, Germany, number 0409038, Sep.
• Cornelis A. Los, 2004, "Optimal Multi-Currency Investment Strategies with Exact Attribution in Three Asian Countries," Finance, University Library of Munich, Germany, number 0409047, Sep.
• Don U.A. Galagedera & Elizabeth A. Maharaj, 2004, "Wavelet timescales and conditional relationship between higher- order systematic co-moments and portfolio returns: evidence in Australian data," Finance, University Library of Munich, Germany, number 0409056, Sep.
• Fernando Rubio, 2004, "Data Mining Sobre El Beta En España," Finance, University Library of Munich, Germany, number 0410011, Oct.
• Julius Moschitz, 2004, "Spillovers across High Yield Markets," Finance, University Library of Munich, Germany, number 0412024, Dec.
• Valeri Zakamouline, 2004, "A Unified Approach to Portfolio Optimization with Linear Transaction Costs," GE, Growth, Math methods, University Library of Munich, Germany, number 0404003, Apr, revised 28 Apr 2004.
• Sujit Chakravorti & Subir Lall, 2004, "Managerial Incentives and Financial Contagion," International Finance, University Library of Munich, Germany, number 0408003, Aug.
• Alexander Harin, 2004, "Arrangement Infringement Possibility Approach: Some Economic Features of Large-Scale Events," Risk and Insurance, University Library of Munich, Germany, number 0409002, Sep.
• Peter G. Zhang, 2004, "Chinese Yuan Revaluation and Derivative Products," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 1, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "Open-Door Policy and a Quarter-Century Reform," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 2, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "The Chinese Economy," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 3, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "Banking System in China," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 4, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "The Chinese Capital Markets," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 5, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "Foreign Exchange Administration," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 6, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "Foreign Exchange Market," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 7, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "Foreign Exchange Forwards and Swaps," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 8, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "Non-Deliverable Forwards and Swaps," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 9, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "Foreign Exchange Futures," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 10, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "Foreign Exchange Options," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 11, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "The Asian Financial Crisis," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 12, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "FX Forwards and Futures during the Asian Crisis," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 13, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "NDFs during the Asian Financial Crisis," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 14, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "Swaps," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 15, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "Options, Structured Notes, and Other Products," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 16, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "CNY Forwards," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 17, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "CNY NDFs," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 18, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "Uses of CNY NDFs," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 19, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "Chinese Yuan Swaps," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 20, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "CNY Nondeliverable Options," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 21, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "Structured Deposits Related to CNY," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 22, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "CNY Structured Notes," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 23, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "Onshore Products and Offshore Derivatives," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 24, "Chinese Yuan (Renminbi) Derivative Products".
• Peter G. Zhang, 2004, "Future Development of CNY Derivatives in China," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 25, "Chinese Yuan (Renminbi) Derivative Products".
• Klos, Alexander & Weber, Martin, 2004, "Portfolio Choice in the Presence of Nontradeable Income: An Experimental Analysis," Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim, number 04-01, Feb.
• N/A, 2004, "Stock Price Volatility in a Multiple Security Overlapping," Yale School of Management Working Papers, Yale School of Management, number ysm156, Jul.
• William N. Goetzmann & Alok Kumar, 2004, "Equity Portfolio Diversification," Yale School of Management Working Papers, Yale School of Management, number ysm17, Mar.
• Amit Goyal & Ivo Welch, 2004, "A Comprehensive Look at the Empirical Performance of Equity Premium Prediction," Yale School of Management Working Papers, Yale School of Management, number amz2412, Apr, revised 01 Jan 2006.
• Luis Ferruz Agudo & Mar�a S. Vargas Magall�n, 2004, "Persistencia en la performance de los fondos de inversi�n espa�oles de renta variable nacional (1994-2002)," Documentos de Trabajo, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza, number dt2004-01, Jan.
• Kempf, Alexander & Kreuzberg, Klaus, 2004, "Portfolio disclosure, portfolio selection and mutual fund performance evaluation," CFR Working Papers, University of Cologne, Centre for Financial Research (CFR), number 04-09.
• Winker, Peter & Maringer, Dietmar, 2004, "The Hidden Risks of Optimizing Bond Portfolios under VaR," Research Notes, Deutsche Bank Research, number 13.
• Wiebelt, Manfred, 2004, "GEM-PIA: A real-financial general equilibrium model for poverty impact analysis technical description," Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel), number 1230.
• Berneburg, Marian, 2004, "Are European Equity Style Indexes Mean Reverting? Testing the Validity of the Efficient Market Hypothesis," IWH Discussion Papers, Halle Institute for Economic Research (IWH), number 193/2004.
• Breuer, Wolfgang & Gürtler, Marc, 2004, "Investors' direct stock holdings and performance evaluation for mutual funds," Working Papers, Technische Universität Braunschweig, Institute of Finance, number FW06V4.
• Breuer, Wolfgang & Gürtler, Marc, 2004, "Two-Fund separation and positive marginal utility," Working Papers, Technische Universität Braunschweig, Institute of Finance, number FW11V3.
• Westerheide, Peter, 2004, "Auswirkungen von Erbschaften und Schenkungen auf die Vermögensbildung privater Personen und Haushalte: Eine ökonometrische Analyse auf der Basis des Sozio-oekonomischen Panels," ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research, number 04-28.
• Müller, Elisabeth, 2004, "Underdiversification in Private Companies: Required Returns and Incentive Effects," ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research, number 04-29.

2003

• Ariane Chapelle & Marie-Paule Laurent & Ariane Szafarz, 2003, "L'effet de l'âge de l'investisseur sur le niveau de risque de son portefeuille," ULB Institutional Repository, ULB -- Universite Libre de Bruxelles, number 2013/715.
• Herings, P.J.J. & Kubler, F., 2003, "Approximate CAPM when preferences are CRRA," Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR), number 040, Jan, DOI: 10.26481/umamet.2003040.
• Olivier Ledoit & Michael Wolf, 2003, "Honey, I shrunk the sample covariance matrix," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 691, Jun.
• Juan-Pedro Gómez & Richard Priestly & Fernando Zapatero, 2003, "Keeping up with the Joneses: An international asset pricing model," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 694, Jun.
• José Penalva, 2003, "Implications of dynamic trading for insurance markets," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 720, Dec.
• Carlos Alós-Ferrer & Ana B. Ania, 2003, "The Asset Market Game," Vienna Economics Papers, University of Vienna, Department of Economics, number vie0320, Dec.
• Posthuma, Nolke & Sluis, Pieter Jelle van der, 2003, "A Reality Check on Hedge Funds Returns," Serie Research Memoranda, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics, number 0017.
• Gabriele Galati & Kostas Tsatsaronis, 2003, "The impact of the euro on Europe's financial markets," Financial Markets, Institutions & Instruments, John Wiley & Sons, volume 12, issue 3, pages 165-222, August, DOI: 10.1111/1468-0416.00064.
• T.J. Flavin & M.R. Wickens, 2003, "Macroeconomic influences on optimal asset allocation," Review of Financial Economics, John Wiley & Sons, volume 12, issue 2, pages 207-231, DOI: 10.1016/S1058-3300(02)00072-1.
• Axel Dreher & Lars-H.R. Siemers, 2003, "The Intriguing Nexus Between Corruption and Capital Account Restrictions," Development and Comp Systems, University Library of Munich, Germany, number 0306004, Jun, revised 07 Jul 2005.
• Long Nguyen-Thanh, 2003, "Utility Maximization in Imperfected Markets," Finance, University Library of Munich, Germany, number 0301007, Jan, revised 23 Mar 2003.
• Robert A. Korajczyk & Ronnie Sadka, 2003, "Are Momentum Profits Robust to Trading Costs?," Finance, University Library of Munich, Germany, number 0308004, Aug.
• Vladislav Kargin, 2003, "Portfolio Management for a Random Field of Bond Returns," Finance, University Library of Munich, Germany, number 0310007, Oct.
• Valeri Zakamouline, 2003, "European Option Pricing and Hedging with both Fixed and Proportional Transaction Costs," Finance, University Library of Munich, Germany, number 0311009, Nov.
• Valeri Zakamouline, 2003, "American Option Pricing with Transaction Costs," Finance, University Library of Munich, Germany, number 0311012, Nov.
• Christian Julliard, 2003, "The international diversification puzzle is not worse than you think," International Finance, University Library of Munich, Germany, number 0301004, Jan.
• Ralf Korn & Holger Kraft, 2003, "Optimal Portfolios With Defaultable Securities A Firm Value Approach," International Journal of Theoretical and Applied Finance (IJTAF), World Scientific Publishing Co. Pte. Ltd., volume 6, issue 08, pages 793-819, DOI: 10.1142/S0219024903002213.
• Alok Kumar & William N. Goetzmann, 2003, "Diversification Decisions of Individual Investors and Asset Prices," Yale School of Management Working Papers, Yale School of Management, number ysm441, Nov.
• Schmidt, Daniel, 2003, "Private equity-, stock- and mixed asset-portfolios: A bootstrap approach to determine performance characteristics, diversification benefits and optimal portfolio allocations," CFS Working Paper Series, Center for Financial Studies (CFS), number 2004/12.
• Haberer, Markus, 2003, "Portfolio Choice and Transactions Taxes," CoFE Discussion Papers, University of Konstanz, Center of Finance and Econometrics (CoFE), number 03/09.
• Kluß, Norbert & König, Markus & Cremers, Heinz, 2003, "Incentive Fees: erfolgsabhängige Vergütungsmodelle deutscher Publikumsfonds," Frankfurt School - Working Paper Series, Frankfurt School of Finance and Management, number 45.
• Weber, Stefan, 2003, "Distribution-Invariant Dynamic Risk Measures," SFB 373 Discussion Papers, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes, number 2003,53.
• Lutz, Stefan H., 2003, "Europäische Steuerkoordination und die Schweiz," ZEI Working Papers, University of Bonn, ZEI - Center for European Integration Studies, number B 03-2003.
• Schröder, Michael, 2003, "Socially Responsible Investments in Germany, Switzerland and the United States: An Analysis of Investment Funds and Indices," ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research, number 03-10.
• Magni, Carlo Alberto, 2003, "Opportunity cost, excess profit, and counterfactual conditionals," MPRA Paper, University Library of Munich, Germany, number 5695.
• Gomes Santana Félix, Elisabete, 2003, "Opções reais: tipologias e sua avaliação
  [Real options: typologies and its evaluation]," MPRA Paper, University Library of Munich, Germany, number 6186.
• Jonathan A. Parker & Christian Julliard, 2003, "Consumption Risk And Expected Stock Returns," Working Papers, Princeton University, School of Public and International Affairs, Discussion Papers in Economics, number 144, Jan.
• Carol Alexander & Anca Dimitriu, 2003, "Equity Indexing: Conitegration and Stock Price Dispersion: A Regime Switiching Approach to market Efficiency," ICMA Centre Discussion Papers in Finance, Henley Business School, University of Reading, number icma-dp2003-02, Oct.
• Carol Alexander & Anca Dimitriu, 2003, "Sources of Over-performance in Equity Markets: Mean Reversion, Common Trends and Herding," ICMA Centre Discussion Papers in Finance, Henley Business School, University of Reading, number icma-dp2003-08, May, revised Oct 2003.
• Francisco Gomes & Alexander Michaelides, 2003, "Portfolio Choice With Internal Habit Formation: A Life-Cycle Model With Uninsurable Labor Income Risk," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, volume 6, issue 4, pages 729-766, October, DOI: 10.1016/S1094-2025(03)00059-0.
• Francesco Menoncin, 2003, "Optimal Asset Allocation for HARA Consumers with Labour Income," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, volume 56, issue 3, pages 357-381.
• Damir Tokic, 2003, "Why interest rate cuts may be ineffective in the new economy," Journal of Financial Transformation, Capco Institute, volume 7, pages 13-16.
• Palomino, Frederic & Prat, Andrea, 2003, "Risk Taking and Optimal Contracts for Money Managers," RAND Journal of Economics, The RAND Corporation, volume 34, issue 1, pages 113-137, Spring.
• Darasteanu, Catalin Cristian, 2003, "Delineating Efficient Portfolios And Forecasting The Conditional Variance: The Case Of The Bucharest Stock Exchange," Journal for Economic Forecasting, Institute for Economic Forecasting, volume 0, issue 3, pages 49-71, September.
• Hyoung-Seok Lim & Masao Ogaki, 2003, "A Theory of Exchange Rates and the Term Structure of Interest Rates," RCER Working Papers, University of Rochester - Center for Economic Research (RCER), number 504, Nov.
• Alessandro Bucciol, 2003, "Household Portfolios Efficiency in the Presence of Restrictions on Investment Opportunities," Rivista di Politica Economica, SIPI Spa, volume 93, issue 6, pages 29-67, November-.
• Markus Glaser & Martin Weber, 2003, "Momentum and Turnover: Evidence from the German Stock Market," Schmalenbach Business Review (sbr), LMU Munich School of Management, volume 55, issue 2, pages 108-135, April.
• Turalay Kenc & Sel Dibooglu, 2003, "How does the spirit of capitalism affect stock market prices in a small-open economy," Computing in Economics and Finance 2003, Society for Computational Economics, number 196, Aug.
• Christopher Rude, 2003, "Security Prices as Probabilities," Computing in Economics and Finance 2003, Society for Computational Economics, number 198, Aug.
• Bakhodir A Ergashev, 2003, "On a CAPM monitoring based on the EWMA process control," Computing in Economics and Finance 2003, Society for Computational Economics, number 283, Aug.
• Ya-Chi Huang & Shu-Heng Chen, 2003, "Simulating the Evolution of Portfolio Behavior in a Multiple-Asset Agent-Based Artificial Stock Market," Computing in Economics and Finance 2003, Society for Computational Economics, number 62, Aug.
• Dimitris Balios & Manolis Xanthakis, 2003, "International interdependence and dynamic linkages between developed stock markets," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, volume 1, issue 1, pages 105-130.
• Konstantina Pendaraki & Michael Doumpos & Constantin Zopounidis, 2003, "Assessing Equity Mutual Funds' Performance Using a Multicriteria Methodology: A Comparative Analysis," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, volume 1, issue 1, pages 85-104.
• Marie-Paule Laurent, 2003, "Indices as diversification instruments in Europe," Working Papers CEB, ULB -- Universite Libre de Bruxelles, number 03-004.RS.
• Marie-Paule Laurent, 2003, "The effect of earnings release for Belgian listed companies," Working Papers CEB, ULB -- Universite Libre de Bruxelles, number 03-005.RS.
• Ariane Chapelle & Marie-Paule Laurent & Ariane Szafarz, 2003, "L'effet de l'âge de l'investisseur sur le niveau de risque de son portefeuille," Working Papers CEB, ULB -- Universite Libre de Bruxelles, number 03-006.RS, Mar.
• Stéphanie Duchemin & Marie-Paule Laurent & Mathias Schmit, 2003, "Asset return correlation: The case of automotive lease portfolios," Working Papers CEB, ULB -- Universite Libre de Bruxelles, number 03-007.RS.
• F. Gerard Adams & Peter A. Prazmowski, 2003, "Why are saving rates in East Asia so high? Reviving the life cycle hypothesis," Empirical Economics, Springer, volume 28, issue 2, pages 275-289, April, DOI: 10.1007/s001810200130.
• Andrew C. Worthington & Helen Higgs, 2003, "Art as an investment: Short and long-term comovements in major painting markets," Empirical Economics, Springer, volume 28, issue 4, pages 649-668, November, DOI: 10.1007/s00181-003-0152-x.
• Huyên Pham, 2003, "A large deviations approach to optimal long term investment," Finance and Stochastics, Springer, volume 7, issue 2, pages 169-195.
• Jianming Xia, 2003, "Dividing gains between a client and her agent," Finance and Stochastics, Springer, volume 7, issue 2, pages 219-230.
• Igor V. Evstigneev & Michal A. H. Dempster & Klaus R. Schenk-Hoppé, 2003, "Exponential growth of fixed-mix strategies in stationary asset markets," Finance and Stochastics, Springer, volume 7, issue 2, pages 263-276.
• David A. Hennessy & Harvey E. Lapan, 2003, "An algebraic theory of portfolio allocation," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), volume 22, issue 1, pages 193-210, August, DOI: 10.1007/s00199-002-0284-9.
• Andreas Wagener, 2003, "Pensions as a portfolio problem: fixed contribution rates vs. fixed replacement rates reconsidered," Journal of Population Economics, Springer;European Society for Population Economics, volume 16, issue 1, pages 111-134, February, DOI: 10.1007/s001480100115.
• Holger Kraft, 2003, "Elasticity approach to portfolio optimization," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), volume 58, issue 1, pages 159-182, September, DOI: 10.1007/s001860300296.
• Helmut Gründl & Richard Stehle & Thorsten Waldow, 2003, "Zur Vorteilhaftigkeit von Kapitallebensversicherungen gegenüber alternativen Anlageformen — Eine Analyse aus Anlegersicht," Schmalenbach Journal of Business Research, Springer, volume 55, issue 6, pages 549-577, September, DOI: 10.1007/BF03372715.
• Palomino, F.A. & Sadrieh, A., 2003, "Overconfidence and Delegated Portfolio Management," Discussion Paper, Tilburg University, Center for Economic Research, number 2003-54.
• Swinkels, L.A.P. & van der Sluis, P.J. & Verbeek, M.J.C.M., 2003, "Market Timing : A Decomposition of Mutual Fund Returns," Discussion Paper, Tilburg University, Center for Economic Research, number 2003-95.
• Nijman, T.E. & Swinkels, L.A.P., 2003, "Strategic and Tactical Allocation to Commodities for Retirement Savings Schemes," Discussion Paper, Tilburg University, Center for Economic Research, number 2003-20.
• van den Goorbergh, R.W.J. & de Roon, F.A. & Werker, B.J.M., 2003, "Economic Hedging Portfolios," Discussion Paper, Tilburg University, Center for Economic Research, number 2003-102.
• Palomino, F.A. & Sadrieh, A., 2003, "Overconfidence and Delegated Portfolio Management," Other publications TiSEM, Tilburg University, School of Economics and Management, number 2b77ad1e-8a6d-420a-b6b3-9.
• Olivier Ledoit & Pedro Santa-Clara & Michael Wolf, 2003, "Flexible Multivariate GARCH Modeling with an Application to International Stock Markets," The Review of Economics and Statistics, MIT Press, volume 85, issue 3, pages 735-747, August.