Research classified by Journal of Economic Literature (JEL) codes

2025

• Prodosh Eugene Simlai, 2025, "Investor sophistication, investor sentiment, and cash-based operating profitability," Review of Quantitative Finance and Accounting, Springer, volume 64, issue 3, pages 1079-1103, April, DOI: 10.1007/s11156-024-01328-7.
• Keith Anderson & Anup Chowdhury & Moshfique Uddin, 2025, "Piotroski's Fscore under varying economic conditions," Review of Quantitative Finance and Accounting, Springer, volume 64, issue 3, pages 1261-1307, April, DOI: 10.1007/s11156-024-01331-y.
• Anh-Tuan Le & Henry Hongren Huang & Tzu-Chang Forrest Cheng, 2025, "Growing pains: geographic expansion and labor investment efficiency," Review of Quantitative Finance and Accounting, Springer, volume 65, issue 2, pages 619-659, August, DOI: 10.1007/s11156-024-01355-4.
• Yongdeng Xu, 2025, "The exponential HEAVY model: an improved approach to volatility modeling and forecasting," Review of Quantitative Finance and Accounting, Springer, volume 65, issue 2, pages 727-748, August, DOI: 10.1007/s11156-024-01358-1.
• Yingwei Han & Ping Li & Jie Li & Sanmang Wu, 2025, "Diversification benefits of green bonds in China: a dynamic robust optimization approach," Review of Quantitative Finance and Accounting, Springer, volume 65, issue 4, pages 1297-1325, November, DOI: 10.1007/s11156-024-01379-w.
• Dandan Wang & Jörg Prokop, 2025, "Gender homophily and local bias in equity crowdfunding," Small Business Economics, Springer, volume 64, issue 3, pages 805-836, March, DOI: 10.1007/s11187-024-00949-5.
• Jinjuan Yang & Jiayuan Xin & Yan Zeng & Pei Jose Liu, 2025, "Signaling and perceiving on equity crowdfunding decisions — a machine learning approach," Small Business Economics, Springer, volume 65, issue 1, pages 315-356, June, DOI: 10.1007/s11187-024-00991-3.
• Axel Buchner & Pia Helbing & Abdulkadir Mohamed & Hyungseok David Yoon, 2025, "Does the same investment team create value? Evidence from venture capital syndication," Small Business Economics, Springer, volume 65, issue 4, pages 2331-2360, December, DOI: 10.1007/s11187-025-01058-7.
• Nagy, Attila Zoltán, 2025, "A befektetési alapok tőkeáramlásai és a befektetői hangulat kapcsolata a magyar részvénypiacon
  [The relationship between mutual fund flows and investor sentiment in the Hungarian stock market]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), volume 0, issue 5, pages 465-487, DOI: 10.18414/KSZ.2025.5.465.
• Nagy, Attila Zoltán & Steiner, Beatrix, 2025, "Fenntarthatóság vagy hozam?. Mekkora áldozatot vállalnak a befektetők a felelős jövőért?
  [Sustainability or return?. How much are investors willing to sacrifice for a responsible future?]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), volume 0, issue 9, pages 919-938, DOI: 10.18414/KSZ.2025.0.919.
• Peter Albrecht & Evzen Kocenda, 2025, "Event-Driven Changes in Return Connectedness among Cryptocurrencies," KIER Working Papers, Kyoto University, Institute of Economic Research, number 1113, Mar.
• Magnolia Miriam Sosa Castro & Maria Alejandra Cabello Rosales & Edgar Ortiz Calisto, 2025, "Impactos de los Anuncios de Política Monetaria y del Vencimiento de Derivados sobre la Volatilidad del Tipo de Cambio del Peso Mexicano: Modelos GARCH y OCHL Range," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 103, pages 47-75, January, DOI: 10.17533/udea.le.n103a358443.
• Markuss Bergitis, 2025, "Assessment of Investment Regulation and its Effectiveness in the Latvian State Funded Pension Scheme," Discussion Papers, Latvijas Banka, number 2025/02, Oct.
• Sidharth J, 2025, "Assessing Market Liquidity Amidst Crisis: Evidence from Indian Stock Market," Working Papers, Madras School of Economics,Chennai,India, number 2025-283, Jun.
• Zerong Chen, 2025, "Evolutionary Finance: Models with Long-Lived Assets," Economics Discussion Paper Series, Economics, The University of Manchester, number 2501, Oct.
• Daniel Engler & Gunnar Gutsche & Andreas Ziegler, 2025, "Does the willingness to pay for sustainable investments differ between non-incentivized and incentivized choice experiments?," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 202515.
• Majid Asadi & Jeffrey S. Racine & Ehsan S. Soof & Shaomin Wu, 2025, "Financial Risk Under Shortfall Level Uncertainty," Department of Economics Working Papers, McMaster University, number 2025-04, May.
• ATM Adnan & Md Arif Hasan Khan & Md Tapan Mahmud & Sabira Kumkum & Abdullah Al-Mamun, 2025, "Geopolitical Shocks and Asset Pricing: Global Cross-Sectional Evidence from Defense and Aerospace Firms amid the Russia-Ukraine War," European Journal of Business Science and Technology, Mendel University in Brno, Faculty of Business and Economics, volume 11, issue 2.
• Jan Hanousek, Jr. & Jan Hanousek & Konstantin Sokolov, 2025, "X Bots and Earnings Announcements," MENDELU Working Papers in Business and Economics, Mendel University in Brno, Faculty of Business and Economics, number 2025-101, Mar.
• Daniel Pastorek & Peter Albrecht, 2025, "Risk Without Reward? The Introduction of Bitcoin Spot ETFs," MENDELU Working Papers in Business and Economics, Mendel University in Brno, Faculty of Business and Economics, number 2025-99, Mar.
• Yu-Wei Ma & Wee-Yeap Lau & Tien-Ming Yip, 2025, "Influence of ESG Rating on Stock Price Behavior: Evidence from Malaysian Public-Listed Companies," Capital Markets Review, Malaysian Finance Association, volume 33, issue 1, pages 87-104.
• Laszlo Csorba, 2025, "The Relationship between Competitiveness, Resilience and Risk Structure," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), volume 24, issue 3, pages 73-94.
• Anke D. Leroux & Vance L. Martin, 2025, "Life at the brink: Livelihood portfolios of the food insecure," Monash Economics Working Papers, Monash University, Department of Economics, number 2025-11, Jul.
• Wing-Keung Wong & Chenghu Ma & Zhuo Qiao & Udo Broll & Joao Paulo Vieito, 2025, "New stochastic dominance theory for investors with risk-averse and risk-seeking utilities with applications including solutions for the Friedman-Savage paradox and the diversification puzzle," Economic Growth Centre Working Paper Series, Nanyang Technological University, School of Social Sciences, Economic Growth Centre, number 2506, Jun.
• Abdullah Mamoon, 2025, "The impact of central bank independence on the cost of capital: a cross-country analysis," Bank i Kredyt, Narodowy Bank Polski, volume 56, issue 1, pages 45-80.
• Juliusz Jabłecki, 2025, "From theory to practice: Polish equity risk factors and their implementation costs," Bank i Kredyt, Narodowy Bank Polski, volume 56, issue 5, pages 515-542.
• Michał Łesyk & Grzegorz Wesołowski, 2025, "Household demand for treasury bonds and time deposits in a small open economy," NBP Working Papers, Narodowy Bank Polski, number 378.
• Bryan T. Kelly & Boris Kuznetsov & Semyon Malamud & Teng Andrea Xu, 2025, "Artificial Intelligence Asset Pricing Models," NBER Working Papers, National Bureau of Economic Research, Inc, number 33351, Jan.
• Robert Novy-Marx & Mihail Z. Velikov, 2025, "AI-Powered (Finance) Scholarship," NBER Working Papers, National Bureau of Economic Research, Inc, number 33363, Jan.
• Hee Seo Han & David Hirshleifer & Jinfei Sheng & Zheng Sun, 2025, "Trading in Twilight: Sleep, Mental Alertness, and Stock Market Trading," NBER Working Papers, National Bureau of Economic Research, Inc, number 33477, Feb.
• Brian Greaney & Andrii Parkhomenko & Stijn Van Nieuwerburgh, 2025, "Dynamic Urban Economics," NBER Working Papers, National Bureau of Economic Research, Inc, number 33512, Feb.
• Ravi Jagannathan & Iwan Meier & Valeri Sokolovski, 2025, "Dirty Business: Transition Risk of Factor Portfolios," NBER Working Papers, National Bureau of Economic Research, Inc, number 33535, Feb.
• Gillian Brunet & Eric Hilt & Matthew S. Jaremski, 2025, "‘Invest!’: Liberty Bonds and Stock Ownership over the Twentieth Century," NBER Working Papers, National Bureau of Economic Research, Inc, number 33541, Mar.
• Abhishek Bhardwaj & Abhinav Gupta & Sabrina T. Howell & Kyle Zimmerschied, 2025, "Does Fund Size Affect Private Equity Performance? Evidence from Donation Inflows to Private Universities," NBER Working Papers, National Bureau of Economic Research, Inc, number 33596, Mar.
• Toomas Laarits & Jeffrey Wurgler, 2025, "The Research Behavior of Individual Investors," NBER Working Papers, National Bureau of Economic Research, Inc, number 33625, Mar.
• Ege Y. Ercan & Steven N. Kaplan & Ilya A. Strebulaev, 2025, "Interim Valuations, Predictability, and Outcomes in Private Equity," NBER Working Papers, National Bureau of Economic Research, Inc, number 33637, Apr.
• Bryan Gutierrez Cortez & Victoria Ivashina & Juliana Salomao, 2025, "Performance Capital Flows in DC Pensions," NBER Working Papers, National Bureau of Economic Research, Inc, number 33693, Apr.
• Sebastian Di Tella & Cedomir Malgieri & Christopher Tonetti, 2025, "Risk Markups," NBER Working Papers, National Bureau of Economic Research, Inc, number 33778, May.
• Harrison Hong & Jeffrey D. Kubik & Edward P. Shore, 2025, "Renewable Asset Price Volatility and Its Implications for Decarbonization," NBER Working Papers, National Bureau of Economic Research, Inc, number 33789, May.
• Jose Portela & Eduardo S. Schwartz & Jaime Aparicio Garcia, 2025, "Litigation Risk and the Valuation of Legal Claims: A Real Option Approach," NBER Working Papers, National Bureau of Economic Research, Inc, number 33790, May.
• Michael P. Keane & Xiangling Liu, 2025, "Tax Preferences and Housing Affordability: Explorations using a Life-Cycle Model," NBER Working Papers, National Bureau of Economic Research, Inc, number 33809, May.
• Jian Jia & Ginger Zhe Jin & Mario Leccese & Liad Wagman, 2025, "How Does Privacy Regulation Affect Transatlantic Venture Investment? Evidence from GDPR," NBER Working Papers, National Bureau of Economic Research, Inc, number 33909, Jun.
• Vanya Horneff & Raimond Maurer & Olivia S. Mitchell, 2025, "Defaulting 401(k) Assets into Payout Annuities for “Pretty Good” Lifetime Incomes," NBER Working Papers, National Bureau of Economic Research, Inc, number 33915, Jun.
• Xiaoyong (Jack) Fu & Lucian A. Taylor, 2025, "Due Diligence and the Allocation of Venture Capital," NBER Working Papers, National Bureau of Economic Research, Inc, number 33987, Jul.
• Andrew W. Lo & Egor V. Matveyev & Stefan Zeume, 2025, "The Risk, Reward, and Asset Allocation of Nonprofit Endowment Funds," NBER Working Papers, National Bureau of Economic Research, Inc, number 34078, Jul.
• Patrick Luo & Enrichetta Ravina & Marco C. Sammon & Luis M. Viceira, 2025, "Retail Investors’ Contrarian Behavior Around News, Attention, and the Momentum Effect," NBER Working Papers, National Bureau of Economic Research, Inc, number 34086, Aug.
• Andreas Fagereng & Luigi Guiso & Luigi Pistaferri & Marius A. K. Ring, 2025, "Insuring Labor Income Shocks: The Role of the Dynasty," NBER Working Papers, National Bureau of Economic Research, Inc, number 34253, Sep.
• Jules H. van Binsbergen & João F. Cocco & Marco Grotteria & S. Lakshmi Naaraayanan, 2025, "The Impact of Carcinogenic Risk Exposure on Housing Values: Estimates From Chemical Reclassifications," NBER Working Papers, National Bureau of Economic Research, Inc, number 34305, Sep.
• Alexandra M. Tabova & Francis E. Warnock, 2025, "Exorbitant Changes in Three Parts," NBER Working Papers, National Bureau of Economic Research, Inc, number 34372, Oct.
• Narayana R. Kocherlakota, 2025, "Log-Linear Relative Asset Demand," NBER Working Papers, National Bureau of Economic Research, Inc, number 34395, Oct.
• Stefano Giglio & Matteo Maggiori & Joachim Rillo & Johannes Stroebel & Stephen P. Utkus & Xiao Xu, 2025, "Investor Beliefs and Expectation Formation," NBER Working Papers, National Bureau of Economic Research, Inc, number 34446, Nov.
• Zhiguo He & Péter Kondor & Jessica S. Li, 2025, "Demand Elasticity in Dynamic Asset Pricing," NBER Working Papers, National Bureau of Economic Research, Inc, number 34450, Nov.
• Vanya Horneff & Raimond Maurer & Olivia S. Mitchell & Julius Odenbreit, 2025, "Optimizing Retirement Financial Strategies: Integrating Annuities, Defined Contribution Plans, and Long-Term Care Costs," NBER Working Papers, National Bureau of Economic Research, Inc, number 34460, Nov.
• Javier Bianchi & Saki Bigio, 2025, "Portfolio Choice and Settlement Frictions: A Theory of Endogenous Convenience Yields," NBER Working Papers, National Bureau of Economic Research, Inc, number 34474, Nov.
• Johannes Beutel & Michael Weber, 2025, "Beliefs and Portfolios: Causal Evidence," NBER Working Papers, National Bureau of Economic Research, Inc, number 34489, Nov.
• Caroline Flammer & Thomas Giroux & Geoffrey Heal & Marcella Lucchetta, 2025, "Ambiguity vs. Risk in Investment Decisions: An Illustration from Green Finance," NBER Working Papers, National Bureau of Economic Research, Inc, number 34516, Nov.
• Clemens Sialm & David X. Xu, 2025, "Information Acquisition By Mutual Fund Investors: Evidence from Stock Trading Suspensions," NBER Working Papers, National Bureau of Economic Research, Inc, number 34520, Nov.
• Anusha Chari & Peter Blair Henry & Yanru Lee & Paolo Mauro, 2025, "Financial Returns to Equity Investments in Infrastructure in Emerging-Market and Developing Economies," NBER Working Papers, National Bureau of Economic Research, Inc, number 34537, Dec.
• Balash, V. & Faizliev, A., 2025, "Volatility spillovers in the Russian stock market: Responses to exogenous shocks," Journal of the New Economic Association, New Economic Association, volume 67, issue 2, pages 65-84, DOI: 10.31737/22212264_2025_2_65-84.
• Stanislava Petrova, 2025, "Cryptocurrencies As An Investment Tool And A Means To Hide The Origin Of Money," Entrepreneurship, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, volume 13, issue 2, pages 118-134, DOI: 10.37708/ep.swu.v13i2.7.
• knut Anton Mork & Frida Nymark Engelstad, 2025, "Dynamic Spending and Portfolio Decisions with an Internal Soft Habit," Working Paper Series, Department of Economics, Norwegian University of Science and Technology, number 20125, Feb.
• Dirin Mchirgui & Bashar Yaser Almansour, 2025, "Maritime Resilience in Crisis: Unraveling the Interconnectedness Dynamics of Oil and Gas Volatility Across Sectors," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 4, pages 1231-1256, Desember.
• Ibrahim Salah Ali Alkhadrawi & Dirin Mchirgui & Younes Boujelbene, 2025, "On the Connectedness Between Bitcoin, Gold, Gold-Backed Cryptocurrencies and the G7 Banking Sector Stock Indices During Crises: Evidence from Quantile Vector Autoregression and Temporal Frequency Conn," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 4, pages 990-1025, Desember.
• Luisa Dressler & Ross Warwick, 2025, "Corporate income tax, investment, and the Net-Zero Transition: Issues for consideration," OECD Taxation Working Papers, OECD Publishing, number 73, Mar.
• Pirmin Fessler & Beat Weber, 2025, "Crypto assets in Austria: robust evidence from HFCS wave 5 on ownership, motives and portfolio implications," OeNB Bulletin, Oesterreichische Nationalbank (Austrian Central Bank), issue Q4/25-2, pages 1-28.
• Pirmin Fessler & Beat Weber, 2025, "Crypto assets in Austria: robust evidence from HFCS wave 5 on ownership, motives and portfolio implications," OeNB Bulletin, Oesterreichische Nationalbank (Austrian Central Bank), issue Q4/25-2, pages 1-28.
• Shoko Yamane & Hiroko Araki & Takashi Noda, 2025, "Big Five Personality Traits and Investment Behavior: An Empirical Investigation of Japanese Investors," Discussion Papers in Economics and Business, Osaka University, Graduate School of Economics, number 25-12, Sep.
• Junghum Park, 2025, "Overconfidence and Correlated Information Structures," The Economic Journal, Royal Economic Society, volume 135, issue 668, pages 1300-1340.
• Anisha Ghosh & Christian Julliard & Alex P Taylor, 2025, "An Information-Theoretic Asset Pricing Model," Journal of Financial Econometrics, Oxford University Press, volume 23, issue 1, pages 499-547.
• Simon T Bodilsen, 2025, "Large-Dimensional Portfolio Selection with a High-Frequency-Based Dynamic Factor Model," Journal of Financial Econometrics, Oxford University Press, volume 23, issue 2, pages 384-399.
• Karsten Müller & Simon N M Schmickler, 2025, "Interacting Anomalies," The Review of Asset Pricing Studies, Society for Financial Studies, volume 15, issue 2, pages 162-216.
• Stefano Mengoli & Marco Pagano & Pierpaolo Pattitoni, 2025, "The Geography of Investor Attention," The Review of Corporate Finance Studies, Society for Financial Studies, volume 14, issue 3, pages 752-803.
• Andreas Johansson & Riccardo Sabbatucci & Andrea Tamoni, 2025, "Tradable Risk Factors for Institutional and Retail Investors," Review of Finance, European Finance Association, volume 29, issue 1, pages 103-139.
• Jungkyu Ahn, 2025, "Margin constraints and asset prices," Review of Finance, European Finance Association, volume 29, issue 1, pages 141-168.
• Maximilian Germann & Lukas Mertes & Martin Weber & Benjamin Loos, 2025, "Trust and delegated investing: a Money Doctors experiment," Review of Finance, European Finance Association, volume 29, issue 1, pages 75-102.
• Itzhak Ben-David & Mark J. Johnson & René M. Stulz, 2025, "Models behaving badly: The limits of data-driven lending," Review of Finance, European Finance Association, volume 29, issue 3, pages 711-745.
• Giorgia Simion & Ugo Rigoni, 2025, "Understanding households’ bank bond holdings," Review of Finance, European Finance Association, volume 29, issue 3, pages 819-850.
• Brad Cannon & John Lynch, 2025, "Return extrapolation and dividends," Review of Finance, European Finance Association, volume 29, issue 4, pages 1009-1042.
• Bastian von Beschwitz & Pekka Honkanen & Daniel Schmidt, 2025, "Passive ownership and short selling," Review of Finance, European Finance Association, volume 29, issue 4, pages 1137-1188.
• Alessandro Moro & Andrea Zaghini, 2025, "The green sin: how exchange rate volatility and financial openness affect green premia," Review of Finance, European Finance Association, volume 29, issue 4, pages 1189-1217.
• Christoph Merkle & Michael Ungeheuer, 2025, "Beliefs about beta: upside participation and downside protection," Review of Finance, European Finance Association, volume 29, issue 5, pages 1397-1436.
• Jan Müller-Dethard & Niklas Reinhardt & Martin Weber, 2025, "Reinvesting or Consuming Dividends: Account Structure Matters," Review of Finance, European Finance Association, volume 29, issue 5, pages 1467-1495.
• Ran Duchin & David H Solomon & Jun Tu & Xi Wang, 2025, "The cryptocurrency elephant in the room," Review of Finance, European Finance Association, volume 29, issue 6, pages 1721-1767.
• Annika Bacher, 2025, "The Gender Investment Gap over the Life Cycle," The Review of Financial Studies, Society for Financial Studies, volume 38, issue 11, pages 3205-3244.
• Charline Uhr, 2025, "When Financial Advice Leads to Positive Performance: Evidence from Repeated Client–Advisor Interactions," The Review of Financial Studies, Society for Financial Studies, volume 38, issue 11, pages 3245-3283.
• Joost Driessen & Sebastian Ebert & Joren Koëter, 2025, "Π-CAPM: The Classical CAPM with Probability Weighting and Skewed Assets," The Review of Financial Studies, Society for Financial Studies, volume 38, issue 12, pages 3497-3541.
• Hailiang Chen & Byoung-Hyoun Hwang & Zhuozhen Peng, 2025, "Why Do Investors Like Short-leg Securities? Evidence from a Textual Analysis of Buy Recommendations," The Review of Financial Studies, Society for Financial Studies, volume 38, issue 12, pages 3729-3767.
• Gordon Y Liao & Tony Zhang, 2025, "The Hedging Channel of Exchange Rate Determination," The Review of Financial Studies, Society for Financial Studies, volume 38, issue 1, pages 1-38.
• Kristy A E Jansen, 2025, "Long-Term Investors, Demand Shifts, and Yields," The Review of Financial Studies, Society for Financial Studies, volume 38, issue 1, pages 114-157.
• David Hirshleifer & Dat Mai & Kuntara Pukthuanthong, 2025, "War Discourse and Disaster Premium: 160 Years of Evidence from the Stock Market," The Review of Financial Studies, Society for Financial Studies, volume 38, issue 2, pages 457-506.
• José Mustre-del-Río & Juan M Sánchez & Ryan Mather & Kartik Athreya, 2025, "The Effects of Macroeconomic Shocks: Household Financial Distress Matters," The Review of Financial Studies, Society for Financial Studies, volume 38, issue 2, pages 564-604.
• David Hirshleifer & Lin Peng & Qiguang Wang, 2025, "News Diffusion in Social Networks and Stock Market Reactions," The Review of Financial Studies, Society for Financial Studies, volume 38, issue 3, pages 883-937.
• Maryam Farboodi & Dhruv Singal & Laura Veldkamp & Venky Venkateswaran, 2025, "Valuing Financial Data," The Review of Financial Studies, Society for Financial Studies, volume 38, issue 3, pages 938-980.
• Mattia Landoni & Stephen P Zeldes, 2025, "Should the Government Be Paying Investment Fees on $3 Trillion of Tax-Deferred Retirement Assets?," The Review of Financial Studies, Society for Financial Studies, volume 38, issue 4, pages 1014-1066.
• Kevin Mullally & Andrea Rossi, 2025, "Moving the Goalposts? Mutual Fund Benchmark Changes and Relative Performance Manipulation," The Review of Financial Studies, Society for Financial Studies, volume 38, issue 4, pages 1067-1119.
• Ron Kaniel & Pingle Wang, 2025, "Unmasking Mutual Fund Derivative Use," The Review of Financial Studies, Society for Financial Studies, volume 38, issue 4, pages 1120-1166.
• Augustin Landier & Stefano Lovo, 2025, "Socially Responsible Finance: How to Optimize Impact," The Review of Financial Studies, Society for Financial Studies, volume 38, issue 4, pages 1211-1258.
• Christopher Hansman & Harrison Hong & Wenxi Jiang & Yu-Jane Liu & Juan-Juan Meng, 2025, "Effects of Credit Expansions on Stock Market Booms and Busts," The Review of Financial Studies, Society for Financial Studies, volume 38, issue 5, pages 1502-1544.
• Marianne Andries & Milo Bianchi & Karen K Huynh & Sébastien Pouget, 2025, "Return Predictability, Expectations, and Investment: Experimental Evidence," The Review of Financial Studies, Society for Financial Studies, volume 38, issue 6, pages 1687-1729.
• Amit Goyal & Alessio Saretto, 2025, "Can Equity Option Returns Be Explained by a Factor Model? IPCA Says Yes," The Review of Financial Studies, Society for Financial Studies, volume 38, issue 6, pages 1783-1821.
• Xiang Fang & Bryan Hardy & Karen K Lewis, 2025, "Who Holds Sovereign Debt and Why It Matters," The Review of Financial Studies, Society for Financial Studies, volume 38, issue 8, pages 2326-2361.
• Mahtab Athari & Atsuyuki Naka & Abdullah Noman, 2025, "Forecasting stock returns with sum-of-the-parts methodology: international evidence," Journal of Asset Management, Palgrave Macmillan, volume 26, issue 1, pages 91-114, February, DOI: 10.1057/s41260-024-00380-1.
• Hassan Zada & Mirzat Ullah & Kazi Sohag, 2025, "Examining the role of jumps on the returns and integrated volatility of emerging Asian stock markets during global financial crises and Covid-19: an application of the swap variance jump approach," Journal of Asset Management, Palgrave Macmillan, volume 26, issue 1, pages 30-43, February, DOI: 10.1057/s41260-025-00395-2.
• Malick Fall, 2025, "Portfolio optimization in deformed time," Journal of Asset Management, Palgrave Macmillan, volume 26, issue 2, pages 176-185, March, DOI: 10.1057/s41260-024-00378-9.
• Kevin Birk & Stefan Jacob & Marco Wilkens, 2025, "What attracts sustainable fund flows? Prospectus versus ratings," Journal of Asset Management, Palgrave Macmillan, volume 26, issue 2, pages 216-237, March, DOI: 10.1057/s41260-024-00389-6.
• Maneesh Gupta & Vipul Kumar Singh & Pawan Kumar, 2025, "Resilience of green bonds in portfolio diversification: evidence from crisis periods," Journal of Asset Management, Palgrave Macmillan, volume 26, issue 3, pages 298-315, May, DOI: 10.1057/s41260-024-00393-w.
• Pyemo N. Afego & Ernest N. Biktimirov, 2025, "Market reactions of African and non-African firms to changes in the S&P Africa 40 index," Journal of Asset Management, Palgrave Macmillan, volume 26, issue 4, pages 355-376, July, DOI: 10.1057/s41260-024-00385-w.
• Xinyang Li, 2025, "Tail risk and Flight-to-Safety," Journal of Asset Management, Palgrave Macmillan, volume 26, issue 4, pages 386-410, July, DOI: 10.1057/s41260-025-00407-1.
• Pujian Yang & Liu Yang, 2025, "Change of the disposition effect and investor sentiment," Journal of Asset Management, Palgrave Macmillan, volume 26, issue 5, pages 489-505, September, DOI: 10.1057/s41260-025-00412-4.
• Abbas Valadkhani, 2025, "Inflation-driven instability in US sectoral betas," Journal of Asset Management, Palgrave Macmillan, volume 26, issue 5, pages 506-513, September, DOI: 10.1057/s41260-025-00413-3.
• Kezhong Chen & Constantinos Alexiou, 2025, "Cointegration-based pairs trading: identifying and exploiting similar exchange-traded funds," Journal of Asset Management, Palgrave Macmillan, volume 26, issue 5, pages 464-488, September, DOI: 10.1057/s41260-025-00416-0.
• Moritz Wehking & Tim Alexander Herberger, 2025, "Sector-based portfolio changes of private equity funds during economic shocks," Journal of Asset Management, Palgrave Macmillan, volume 26, issue 6, pages 697-706, October, DOI: 10.1057/s41260-025-00406-2.
• Lagan Jindal, 2025, "Performance and investment styles of green mutual funds: a cross-country analysis," Journal of Asset Management, Palgrave Macmillan, volume 26, issue 7, pages 725-740, December, DOI: 10.1057/s41260-025-00403-5.
• Janusz Brzeszczyński & Jerzy Gajdka & Piotr Pietraszewski & Tomasz Schabek, 2025, "A Refinement to the Treynor Ratio," Journal of Asset Management, Palgrave Macmillan, volume 26, issue 7, pages 711-724, December, DOI: 10.1057/s41260-025-00417-z.
• Mario Bajo Traver, 2025, "Enhancing diversification in fixed-income portfolios: an entropy-based optimization framework," Journal of Asset Management, Palgrave Macmillan, volume 26, issue 7, pages 863-882, December, DOI: 10.1057/s41260-025-00428-w.
• Matteo Maggiori & Brent Neiman & Jesse Schreger, 2025, "Corporate Debt Structure with Home and International Currency Bias," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, volume 73, issue 2, pages 433-456, June, DOI: 10.1057/s41308-024-00254-x.
• Javier Vidal-García & Marta Vidal & Laura Molero González & Juan E. Trinidad-Segovia, 2025, "Global tournaments," Risk Management, Palgrave Macmillan, volume 27, issue 1, pages 1-13, February, DOI: 10.1057/s41283-024-00157-1.
• Sascha Raithel, 2025, "The temporal volatility of nonfinancial performance and stock return," Risk Management, Palgrave Macmillan, volume 27, issue 4, pages 1-22, December, DOI: 10.1057/s41283-025-00173-9.
• Kulcsár, Edina & Veres, Edit & Fogarasi, József, 2025, "Performance Evaluation and Portfolio Optimization in Emerging European Stock Markets: Evidence from Hungary and Romania," Public Finance Quarterly, Corvinus University of Budapest, volume 71, issue 3, pages 65-93, DOI: https://doi.org/10.35551/PFQ_2025_3.
• Tatiana Dănescu & Diana Andreea Todea & Roxana Maria Stejerean, 2025, "ESG Practices and Corporate Risk: Evidence from Romanian Listed Companies," Acta Marisiensis. Series Oeconomica, "George Emil Palade" University of Medicine, Pharmacy, Sciences and Technology of Târgu-Mureș, România - Faculty of Economics and Law, volume 1, pages 23-34, December.
• Tatiana Dănescu & Alexandru Diana-Karina, 2025, "Assessing the Integrity of Financial Reporting in Romanian Real Estate Companies: an Integrated Approach Based on Statistical Models," Acta Marisiensis. Series Oeconomica, "George Emil Palade" University of Medicine, Pharmacy, Sciences and Technology of Târgu-Mureș, România - Faculty of Economics and Law, volume 1, pages 59-72, December.
• Spătăcean Ioan-Ovidiu & Sárdi Tamara, 2025, "Trading Algorithm Based on Technical Indicators and Artificial Intelligence," Acta Marisiensis. Series Oeconomica, "George Emil Palade" University of Medicine, Pharmacy, Sciences and Technology of Târgu-Mureș, România - Faculty of Economics and Law, volume 1, pages 89-96, December.
• Joern Block & Miriam Gnad & Alexander S. Kritikos & Caroline Stiel, 2025, "Decline in Job Satisfaction and How it Relates to Investment Decisions of the Self-Employed," CEPA Discussion Papers, Center for Economic Policy Analysis, number 93, Oct, DOI: 10.25932/publishup-68849.
• Guo, Naijia & Leung, Charles Ka Yui & Zhang, Shumeng, 2025, "From Pandemics to Portfolios: Long-Term Impacts of the 2009 H1N1 Outbreak on Household Investment Choices," MPRA Paper, University Library of Munich, Germany, number 123534, Feb.
• NEIFAR, MALIKA & HarzAllah, AMIRA, 2025, "Integration, Contagion and Turmoils; Evidence from Emerging markets," MPRA Paper, University Library of Munich, Germany, number 123775, Feb, revised 25 Feb 2025.
• Okere, Charles & Ubi-Abai, Itoro, 2025, "Investment response to business environment and governance: evidence from select quoted companies in Nigeria," MPRA Paper, University Library of Munich, Germany, number 123957, Mar.
• Jinno, Masatoshi, 2025, "An Elementary Approach to GPIF Investment Allocation Optimization: A Basic Risk-Return Evaluation Perspective," MPRA Paper, University Library of Munich, Germany, number 124093, Mar.
• Dwumfour, Richard Adjei & Pan, Lei & Nsafoah, Dennis, 2025, "Dynamic spillovers and portfolio optimization in tourism, Fintech, and cryptocurrency," MPRA Paper, University Library of Munich, Germany, number 124157.
• Olkhov, Victor, 2025, "Market-Based Portfolio Variance," MPRA Paper, University Library of Munich, Germany, number 125083, Jun.
• Aslanidis, Nektarios & Bariviera, Aurelio & Kapetanios, George & Sarafidis, Vasilis, 2025, "Heterogeneous Exposures to Systematic and Idiosyncratic Risk across Crypto Assets: A Divide-and-Conquer Approach," MPRA Paper, University Library of Munich, Germany, number 125124, Jun.
• Olkhov, Victor, 2025, "Markowitz Variance May Vastly Undervalue or Overestimate Portfolio Variance and Risks," MPRA Paper, University Library of Munich, Germany, number 125508, Jul.
• Tony Paul, Nitin, 2025, "State-Contingent Optimality: A Principle for Portfolio Selection," MPRA Paper, University Library of Munich, Germany, number 125652, Aug.
• Olkhov, Victor, 2025, "Unwitting Markowitz’ Simplification of Portfolio Random Returns," MPRA Paper, University Library of Munich, Germany, number 125723, Aug.
• Yee, Brandon, 2025, "Beyond the Event Horizon: Peak Risk-Adjusted Performance in Post-Event Markets," MPRA Paper, University Library of Munich, Germany, number 125993, May.
• Kandukuri, Vishwesh & Jain, Kashish & Anand, Pratik, 2025, "Beyond the Benchmark: Magic Formula Outperformance in Indian Equity Markets," MPRA Paper, University Library of Munich, Germany, number 126237, Aug.
• Whelan, Karl, 2025, "Ruin Probabilities for Strategies with Asymmetric Risk," MPRA Paper, University Library of Munich, Germany, number 126349, Jul.
• Eiblmeier, Sebastian, 2025, "The Post-2015 German Lending Surge: What Role for QE?," MPRA Paper, University Library of Munich, Germany, number 126431, Aug.
• Konradt, Maximilian, 2025, "Interest Rates and Pension Fund Risk-Taking: New Cross-Country Evidence," MPRA Paper, University Library of Munich, Germany, number 126443.
• Olkhov, Victor, 2025, "Market-based variance of market portfolio and of entire market," MPRA Paper, University Library of Munich, Germany, number 126487, Oct.
• Li, Mingzhe, 2025, "A Theory of Portfolio Choice for Heterogeneous Investors," MPRA Paper, University Library of Munich, Germany, number 126642, Jun, revised 29 Oct 2025.
• Rubenstein, Elias, 2025, "Safe-Haven Currency and Sequence Risk: A State-Dependent Swiss Franc Overlay for Global Portfolios," MPRA Paper, University Library of Munich, Germany, number 126680, Nov.
• Antonio Jose, Alfazema, 2025, "Risk Aversion, Exposure, and Management; organizational aspects in Emerging Markets," MPRA Paper, University Library of Munich, Germany, number 126759, Nov.
• Roudari, Soheil & Ahmadian- Yazdi, Farzaneh & Namazizadeh, Ehsan & Chenarani, Hasan, 2025, "بررسی عملکرد مدیریت سرمایه گذاری در وزارت تعاون، کار و رفاه اجتماعی: شواهدی جدید از هلدینگ¬های تابعه
  [Assessment of Investment Management Performance in the Ministry of Cooperatives, Labor, and Soc," MPRA Paper, University Library of Munich, Germany, number 126954, May.
• Chenarani, Hasan & Roudari, Soheil, 2025, "اولویت بندی واگذاری بنگاه¬های اقتصادی زیر مجموعه صندوق¬های بازنشستگی با تاکید بر مدیریت سرمایه¬گذاری: شواهدی جدید از رویکرد DCC-GARCH R2 decomposed connectedness
  [Prioritizing the Divestment of Pen," MPRA Paper, University Library of Munich, Germany, number 126973, Aug, revised 14 Oct 2025.
• Garriott, Corey & van Kervel, Vincent & Zoican, Marius, 2025, "Queuing and inventories in limit order markets," Journal of Financial Markets, Elsevier, volume 75, issue C, DOI: 10.1016/j.finmar.2025.100982.
• Qin, Lu & Autore, Don M. & Jiang, Danling & Zhu, Hongquan, 2025, "Faster than flying: High-speed rail, investors, and firms," Journal of Financial Markets, Elsevier, volume 75, issue C, DOI: 10.1016/j.finmar.2025.100984.
• Fan, Yinghua & Feng, Guanhao & Qiao, Xiao & Baronyan, Sayad, 2025, "Institutional granular impact is benign on asset sales and price efficiency," Journal of Financial Markets, Elsevier, volume 75, issue C, DOI: 10.1016/j.finmar.2025.100987.
• Jiang, Danling & Liu, Baixiao & Xiao, Steven Chong, 2025, "Social norms and stock lending," Journal of Financial Markets, Elsevier, volume 76, issue C, DOI: 10.1016/j.finmar.2025.100991.
• Hogen, Yoshihiko & Kasai, Yoshiyasu & Shinozaki, Yuji, 2025, "Rise of NBFIs and the global structural change in the transmission of market shocks," Journal of Financial Stability, Elsevier, volume 79, issue C, DOI: 10.1016/j.jfs.2025.101419.
• Grigis, Federico & Ortobelli Lozza, Sergio & Vitali, Sebastiano, 2025, "Computing agents' reputation within a network," Games and Economic Behavior, Elsevier, volume 150, issue C, pages 312-333, DOI: 10.1016/j.geb.2025.01.002.
• Neugebauer, Tibor & Sadrieh, Abdolkarim & Selten, Reinhard, 2025, "Taming selten's horse with impulse response," Games and Economic Behavior, Elsevier, volume 150, issue C, pages 71-92, DOI: 10.1016/j.geb.2024.11.014.
• Nguyen, Harvey & Pham, Anh Viet & Pham, Man Duy (Marty) & Pham, Mia Hang, 2025, "Climate change and corporate credit worthiness: International evidence," Global Finance Journal, Elsevier, volume 64, issue C, DOI: 10.1016/j.gfj.2024.101073.
• Shi, Huai-Long & Chen, Huayi, 2025, "Quantile return connectedness of theme factors and portfolio implications: Evidence from the US and China," Global Finance Journal, Elsevier, volume 64, issue C, DOI: 10.1016/j.gfj.2025.101079.
• Byrka-Kita, Katarzyna & Czerwiński, Mateusz & Ferris, Stephen P. & Preś-Perepeczo, Agnieszka & Wiśniewski, Tomasz, 2025, "CEO casting call: Investor attention to corporate leadership appointments," Global Finance Journal, Elsevier, volume 64, issue C, DOI: 10.1016/j.gfj.2025.101083.
• DeCoste, Joseph, 2025, "Comovement and S&P 500 membership," Global Finance Journal, Elsevier, volume 65, issue C, DOI: 10.1016/j.gfj.2025.101110.
• Lalwani, Vaibhav, 2025, "Mean-variance optimization and the cross-section of stock returns," Global Finance Journal, Elsevier, volume 66, issue C, DOI: 10.1016/j.gfj.2025.101130.
• AlKhazali, Osamah & Kirimhan, Destan & Rabbani, Mustafa Raza & Billah, Syed Mabruk & Shaik, Muneer, 2025, "Cryptocurrencies and alternative bonds: Novel evidence on co-movement and risk sharing," Global Finance Journal, Elsevier, volume 67, issue C, DOI: 10.1016/j.gfj.2025.101149.
• Papathanasiou, Spyros & Syriopoulos, Theodore & Kenourgios, Dimitris & Koutsokostas, Drosos, 2025, "Sailing through uncertainty: Shipping's role in financial shock transmission and hedging strategies," Global Finance Journal, Elsevier, volume 67, issue C, DOI: 10.1016/j.gfj.2025.101159.
• Yuan, Ying & Qu, Yong & Qiao, Sijia, 2025, "Equity premium prediction: A constraint-based predictor decomposition approach," Global Finance Journal, Elsevier, volume 68, issue C, DOI: 10.1016/j.gfj.2025.101199.
• Wang, Zhen & Wu, Kai, 2025, "How do institutional investors respond to climate change exposure? International evidence," Global Finance Journal, Elsevier, volume 68, issue C, DOI: 10.1016/j.gfj.2025.101202.
• Bush, Georgia & Cañón, Carlos, 2025, "Capital flows: The role of investment fund portfolio managers," Journal of International Economics, Elsevier, volume 154, issue C, DOI: 10.1016/j.jinteco.2025.104062.
• Peng, Xingchun & Luo, Liuling, 2025, "Optimal investment strategy for DC pension with mean-weighted variance-CVaR criterion under partial information," Insurance: Mathematics and Economics, Elsevier, volume 120, issue C, pages 302-324, DOI: 10.1016/j.insmatheco.2024.12.006.
• Yang, Yang & Wang, Guojing & Yao, Jing & Xie, Hengyue, 2025, "A generalized tail mean-variance model for optimal capital allocation," Insurance: Mathematics and Economics, Elsevier, volume 122, issue C, pages 157-179, DOI: 10.1016/j.insmatheco.2025.03.003.
• Fießinger, Felix & Stadje, Mitja, 2025, "Mean-variance optimization for participating life insurance contracts," Insurance: Mathematics and Economics, Elsevier, volume 122, issue C, pages 230-248, DOI: 10.1016/j.insmatheco.2025.03.005.
• Chen, Lv & Li, Danping & Wang, Yumin & Zhu, Xiaobai, 2025, "Equilibrium intergenerational risk-sharing design for a target benefit pension plan," Insurance: Mathematics and Economics, Elsevier, volume 122, issue C, pages 275-299, DOI: 10.1016/j.insmatheco.2025.03.008.
• Huang, Daxin & Liu, Yang, 2025, "Portfolio benchmarks in defined contribution pension plan management," Insurance: Mathematics and Economics, Elsevier, volume 123, issue C, DOI: 10.1016/j.insmatheco.2025.04.002.
• Wang, Ning & Zhang, Yumo, 2025, "Robust asset-liability management games in a stochastic market with stochastic cash flows under HARA utility," Insurance: Mathematics and Economics, Elsevier, volume 124, issue C, DOI: 10.1016/j.insmatheco.2025.103125.
• Asimit, Vali & Chong, Wing Fung & Tunaru, Radu & Zhou, Feng, 2025, "Portfolio selection and risk sharing via risk budgeting," Insurance: Mathematics and Economics, Elsevier, volume 125, issue C, DOI: 10.1016/j.insmatheco.2025.103139.
• Li, Wenyuan & Wei, Pengyu, 2025, "Optimal life insurance and annuity decisions under money illusion," Insurance: Mathematics and Economics, Elsevier, volume 125, issue C, DOI: 10.1016/j.insmatheco.2025.103141.
• Chen, Zheng & Li, Zhongfei & Zeng, Yan & Shen, Yang, 2025, "Dynamic derivative-based pension investment with stochastic volatility: A behavioral perspective," Insurance: Mathematics and Economics, Elsevier, volume 125, issue C, DOI: 10.1016/j.insmatheco.2025.103158.
• Ng, Tak Wa & Nguyen, Thai, 2025, "Individual survivor fund account: The impact of bequest motives on tontine participation," Insurance: Mathematics and Economics, Elsevier, volume 125, issue C, DOI: 10.1016/j.insmatheco.2025.103161.
• Li, Shuang & Meng, Hui & Zhou, Ming, 2025, "Optimal consumption-leisure-investment and retirement choices with nonconcave aspirational utility," Insurance: Mathematics and Economics, Elsevier, volume 125, issue C, DOI: 10.1016/j.insmatheco.2025.103165.
• Jin, Youliang & Feng, Xuan & Zeng, Huixiang, 2025, "Does tax incentive improve corporate resilience?A quasi-natural experiment based on value-added tax retained rebate policy," International Economics, Elsevier, volume 183, issue C, DOI: 10.1016/j.inteco.2025.100617.
• Berle, Erika & He, Wanwei (Angela) & Ødegaard, Bernt Arne, 2025, "The stock market and corporate consequences of ethical exclusions by the world’s largest fund," Journal of International Financial Markets, Institutions and Money, Elsevier, volume 102, issue C, DOI: 10.1016/j.intfin.2025.102174.
• Kedar-Levy, Haim & Kim, Joon-Seok & Yoo, Sean Sehyun, 2025, "Predictable liquidity properties in a Segmented, inelastic stock market," Journal of International Financial Markets, Institutions and Money, Elsevier, volume 103, issue C, DOI: 10.1016/j.intfin.2025.102181.
• Vidal-Tomás, David, 2025, "Centralized exchanges & proof-of-solvency: The guardians of trust," Journal of International Financial Markets, Institutions and Money, Elsevier, volume 103, issue C, DOI: 10.1016/j.intfin.2025.102183.
• Islam, Md Jaber Al & Moreira, Fernando & Douch, Mustapha, 2025, "Does banks’ environmental engagement impact funding costs?," Journal of International Financial Markets, Institutions and Money, Elsevier, volume 103, issue C, DOI: 10.1016/j.intfin.2025.102184.
• Ben Ameur, Hachmi & Ftiti, Zied & Louhichi, Wael, 2025, "Do ESG investments improve portfolio diversification and risk management during times of uncertainty," Journal of International Financial Markets, Institutions and Money, Elsevier, volume 103, issue C, DOI: 10.1016/j.intfin.2025.102199.
• Xu, Dezhong & Li, Bin & Singh, Tarlok & Chen, Xiaoyue & Li, Jinze, 2025, "Cross-market overnight time-series momentum," Journal of International Financial Markets, Institutions and Money, Elsevier, volume 105, issue C, DOI: 10.1016/j.intfin.2025.102239.
• Perras, Patrizia & Wagner, Niklas, 2025, "Give me a break: What does the equity premium compensate for?," Journal of International Financial Markets, Institutions and Money, Elsevier, volume 99, issue C, DOI: 10.1016/j.intfin.2024.102103.
• Bauwens, Luc & Xu, Yongdeng, 2025, "The contribution of realized variance–covariance models to the economic value of volatility timing," International Journal of Forecasting, Elsevier, volume 41, issue 3, pages 1165-1183, DOI: 10.1016/j.ijforecast.2024.11.010.
• Degiannakis, Stavros & Kafousaki, Eleftheria, 2025, "Disaggregating VIX," International Journal of Forecasting, Elsevier, volume 41, issue 4, pages 1559-1588, DOI: 10.1016/j.ijforecast.2025.01.007.
• Hagenberg, Thomas C., 2025, "Transaction-level transparency and portfolio mimicking," Journal of Accounting and Economics, Elsevier, volume 79, issue 1, DOI: 10.1016/j.jacceco.2024.101713.
• Al-Fayoumi, Nedal & Abuzayed, Bana & Bouri, Elie, 2025, "Gold for global airline stock indices during COVID-19: Hedge or safe-haven asset?," Journal of Air Transport Management, Elsevier, volume 127, issue C, DOI: 10.1016/j.jairtraman.2025.102791.
• Kim, Somyung & Ohk, Kiyool, 2025, "Regret aversion in Japanese and U.S. stock markets: Analyzing the effects of market conditions," Japan and the World Economy, Elsevier, volume 74, issue C, DOI: 10.1016/j.japwor.2025.101311.
• Iwanaga, Yasuhiro, 2025, "Decomposing the reversal effect: Exploring low-to-price and other indicators," Japan and the World Economy, Elsevier, volume 76, issue C, DOI: 10.1016/j.japwor.2025.101334.
• Cakici, Nusret & Fieberg, Christian & Metko, Daniel & Zaremba, Adam, 2025, "Factor momentum versus price momentum: Insights from international markets," Journal of Banking & Finance, Elsevier, volume 170, issue C, DOI: 10.1016/j.jbankfin.2024.107332.
• Argyropoulos, Christos & Panopoulou, Ekaterini & Vrontos, Spyridon, 2025, "Downside risk and hedge fund returns," Journal of Banking & Finance, Elsevier, volume 171, issue C, DOI: 10.1016/j.jbankfin.2024.107345.
• Huang, Yichu & Bose, Udichibarna & Li, Zeguang & Liu, Frank Hong, 2025, "Trading without meeting friends: Empirical evidence from the wuhan lockdown in 2020," Journal of Banking & Finance, Elsevier, volume 171, issue C, DOI: 10.1016/j.jbankfin.2024.107355.
• Ge, Shuyi & Li, Shaoran & Zheng, Hanyu, 2025, "Diamond cuts diamond: News co-mention momentum spillover prevails in China," Journal of Banking & Finance, Elsevier, volume 171, issue C, DOI: 10.1016/j.jbankfin.2024.107356.
• Sheng, Jiliang & Yang, Yanyan & Yang, Jun, 2025, "Optimal delegation contract with portfolio risk," Journal of Banking & Finance, Elsevier, volume 171, issue C, DOI: 10.1016/j.jbankfin.2024.107357.
• Fieberg, Christian & Liedtke, Gerrit & Zaremba, Adam & Cakici, Nusret, 2025, "A factor model for the cross-section of country equity risk premia," Journal of Banking & Finance, Elsevier, volume 171, issue C, DOI: 10.1016/j.jbankfin.2024.107373.
• Deschamps, Bruno & Fei, Tianlun & Jiang, Ying & Liu, Xiaoquan, 2025, "Uncertainty and cross-sectional stock returns: Evidence from China," Journal of Banking & Finance, Elsevier, volume 171, issue C, DOI: 10.1016/j.jbankfin.2024.107374.
• Zhuang, Zhuang & Hsin-han Shen, Carl & Yao, Juan, 2025, "Conflict of interest to declare? A study of individual-controlled funds in China," Journal of Banking & Finance, Elsevier, volume 171, issue C, DOI: 10.1016/j.jbankfin.2024.107376.
• Ulrych, Urban & Vasiljević, Nikola, 2025, "Global currency hedging with ambiguity," Journal of Banking & Finance, Elsevier, volume 172, issue C, DOI: 10.1016/j.jbankfin.2024.107366.
• Cheng, Tzu-Chang Forrest & Huang, Hsuan-Hua & Lin, Tse-Chun & Yang, Tzu-Ting & Zhu, Jian-Da, 2025, "Windfall gains and stock market participation: Evidence from shopping receipt lottery," Journal of Banking & Finance, Elsevier, volume 172, issue C, DOI: 10.1016/j.jbankfin.2024.107378.
• Beare, Brendan K. & Seo, Juwon & Zheng, Zhongxi, 2025, "Stochastic arbitrage with market index options," Journal of Banking & Finance, Elsevier, volume 173, issue C, DOI: 10.1016/j.jbankfin.2025.107395.