Research classified by Journal of Economic Literature (JEL) codes

2020

• Liao, Gordon Y., 2020, "Credit migration and covered interest rate parity," Journal of Financial Economics, Elsevier, volume 138, issue 2, pages 504-525, DOI: 10.1016/j.jfineco.2020.06.002.
• Grullon, Gustavo & Kaba, Yamil & Núñez-Torres, Alexander, 2020, "When low beats high: Riding the sales seasonality premium," Journal of Financial Economics, Elsevier, volume 138, issue 2, pages 572-591, DOI: 10.1016/j.jfineco.2020.06.003.
• Hendershott, Terrence & Livdan, Dmitry & Rösch, Dominik, 2020, "Asset pricing: A tale of night and day," Journal of Financial Economics, Elsevier, volume 138, issue 3, pages 635-662, DOI: 10.1016/j.jfineco.2020.06.006.
• Ai, Hengjie & Li, Kai & Yang, Fang, 2020, "Financial intermediation and capital reallocation," Journal of Financial Economics, Elsevier, volume 138, issue 3, pages 663-686, DOI: 10.1016/j.jfineco.2020.06.017.
• Albuquerque, Rui & Song, Shiyun & Yao, Chen, 2020, "The price effects of liquidity shocks: A study of the SEC’s tick size experiment," Journal of Financial Economics, Elsevier, volume 138, issue 3, pages 700-724, DOI: 10.1016/j.jfineco.2020.07.002.
• Chabakauri, Georgy & Han, Brandon Yueyang, 2020, "Collateral constraints and asset prices," Journal of Financial Economics, Elsevier, volume 138, issue 3, pages 754-776, DOI: 10.1016/j.jfineco.2020.06.012.
• Liu, Bibo & Wang, Huijun & Yu, Jianfeng & Zhao, Shen, 2020, "Time-varying demand for lottery: Speculation ahead of earnings announcements," Journal of Financial Economics, Elsevier, volume 138, issue 3, pages 789-817, DOI: 10.1016/j.jfineco.2020.06.016.
• Kaviani, Mahsa S. & Kryzanowski, Lawrence & Maleki, Hosein & Savor, Pavel, 2020, "Policy uncertainty and corporate credit spreads," Journal of Financial Economics, Elsevier, volume 138, issue 3, pages 838-865, DOI: 10.1016/j.jfineco.2020.07.001.
• Martínez-García, Enrique & Grossman, Valerie, 2020, "Explosive dynamics in house prices? An exploration of financial market spillovers in housing markets around the world," Journal of International Money and Finance, Elsevier, volume 101, issue C, DOI: 10.1016/j.jimonfin.2019.102103.
• Gandré, Pauline, 2020, "US stock prices and recency-biased learning in the run-up to the Global Financial Crisis and its aftermath," Journal of International Money and Finance, Elsevier, volume 104, issue C, DOI: 10.1016/j.jimonfin.2020.102165.
• Andreou, Christoforos K. & Lambertides, Neophytos & Savvides, Andreas, 2020, "Sovereign credit risk and global equity fund returns in emerging markets," Journal of International Money and Finance, Elsevier, volume 107, issue C, DOI: 10.1016/j.jimonfin.2020.102218.
• Baltzer, Markus & Koehl, Alexandra & Reitz, Stefan, 2020, "Procyclical leverage in Europe and its role in asset pricing," Journal of International Money and Finance, Elsevier, volume 107, issue C, DOI: 10.1016/j.jimonfin.2020.102220.
• Schmidt, Jörg, 2020, "Risk, asset pricing and monetary policy transmission in Europe: Evidence from a threshold-VAR approach," Journal of International Money and Finance, Elsevier, volume 109, issue C, DOI: 10.1016/j.jimonfin.2020.102235.
• Kondo, Yoshihiro & Nakazono, Yoshiyuki & Ota, Rui & Sui, Qing-Yuan, 2020, "Heterogeneous impacts of Abenomics on the stock market: A Fund flow analysis," Journal of the Japanese and International Economies, Elsevier, volume 55, issue C, DOI: 10.1016/j.jjie.2019.101053.
• Tang, Yang & Zeng, Ting & Zhu, Shenghao, 2020, "Bubbles and house price dispersion in the United States during 1975–2017," Journal of Macroeconomics, Elsevier, volume 63, issue C, DOI: 10.1016/j.jmacro.2019.103163.
• Caines, Colin, 2020, "Can learning explain boom-bust cycles in asset prices? An application to the US housing boom," Journal of Macroeconomics, Elsevier, volume 66, issue C, DOI: 10.1016/j.jmacro.2020.103256.
• Lai, Karen M.Y. & Saffar, Walid & Zhu, Xindong (Kevin) & Liu, Yiye, 2020, "Political institutions, stock market liquidity and firm dividend policy: Some international evidence," Journal of Contemporary Accounting and Economics, Elsevier, volume 16, issue 1, DOI: 10.1016/j.jcae.2019.100180.
• Go, You-How & Lau, Wee-Yeap, 2020, "The impact of global financial crisis on informational efficiency: Evidence from price-volume relation in crude palm oil futures market," Journal of Commodity Markets, Elsevier, volume 17, issue C, DOI: 10.1016/j.jcomm.2018.10.003.
• Itemgenova, Aigerim & Sikveland, Marius, 2020, "The determinants of the price-earnings ratio in the Norwegian aquaculture industry," Journal of Commodity Markets, Elsevier, volume 17, issue C, DOI: 10.1016/j.jcomm.2019.04.001.
• Irwin, Scott H., 2020, "Trilogy for troubleshooting convergence: Manipulation, structural imbalance, and storage rates," Journal of Commodity Markets, Elsevier, volume 17, issue C, DOI: 10.1016/j.jcomm.2018.11.002.
• Adhikari, Ramesh & Putnam, Kyle J., 2020, "Comovement in the commodity futures markets: An analysis of the energy, grains, and livestock sectors," Journal of Commodity Markets, Elsevier, volume 18, issue C, DOI: 10.1016/j.jcomm.2019.04.002.
• Tvedt, Jostein, 2020, "Commodity market flexibility and financial derivatives," Journal of Commodity Markets, Elsevier, volume 18, issue C, DOI: 10.1016/j.jcomm.2019.100094.
• Dichtl, Hubert, 2020, "Forecasting excess returns of the gold market: Can we learn from stock market predictions?," Journal of Commodity Markets, Elsevier, volume 19, issue C, DOI: 10.1016/j.jcomm.2019.100106.
• Ahmed, Bouteska, 2020, "Understanding the impact of investor sentiment on the price formation process: A review of the conduct of American stock markets," The Journal of Economic Asymmetries, Elsevier, volume 22, issue C, DOI: 10.1016/j.jeca.2020.e00172.
• Merikas, Andreas & Merika, Anna & Penikas, Henry I. & Surkov, Mikhail A., 2020, "The Basel II internal ratings based (IRB) model and the transition impact on the listed Greek banks," The Journal of Economic Asymmetries, Elsevier, volume 22, issue C, DOI: 10.1016/j.jeca.2020.e00183.
• Su, Chi-Wei & Wang, Xiao-Qing & Zhu, Haotian & Tao, Ran & Moldovan, Nicoleta-Claudia & Lobonţ, Oana-Ramona, 2020, "Testing for multiple bubbles in the copper price: Periodically collapsing behavior," Resources Policy, Elsevier, volume 65, issue C, DOI: 10.1016/j.resourpol.2020.101587.
• Reboredo, Juan C. & Ugolini, Andrea, 2020, "Price spillovers between rare earth stocks and financial markets," Resources Policy, Elsevier, volume 66, issue C, DOI: 10.1016/j.resourpol.2020.101647.
• Qin, Meng & Su, Chi-Wei & Tao, Ran & Umar, Muhammad, 2020, "Is factionalism a push for gold price?," Resources Policy, Elsevier, volume 67, issue C, DOI: 10.1016/j.resourpol.2020.101679.
• Nguyen, Quynh Nga & Bedoui, Rihab & Majdoub, Najemeddine & Guesmi, Khaled & Chevallier, Julien, 2020, "Hedging and safe-haven characteristics of Gold against currencies: An investigation based on multivariate dynamic copula theory," Resources Policy, Elsevier, volume 68, issue C, DOI: 10.1016/j.resourpol.2020.101766.
• Nazif Çatık, Abdurrahman & Huyugüzel Kışla, Gül & Akdeni̇z, Coşkun, 2020, "Time-varying impact of oil prices on sectoral stock returns: Evidence from Turkey," Resources Policy, Elsevier, volume 69, issue C, DOI: 10.1016/j.resourpol.2020.101845.
• Hilber, Christian A.L. & Schöni, Olivier, 2020, "On the economic impacts of constraining second home investments," Journal of Urban Economics, Elsevier, volume 118, issue C, DOI: 10.1016/j.jue.2020.103266.
• Espinosa-Vega, Marco A. & Russell, Steven, 2020, "Interconnectedness, systemic crises, and recessions," Latin American Journal of Central Banking (previously Monetaria), Elsevier, volume 1, issue 1, DOI: 10.1016/j.latcb.2020.100008.
• Andreasen, Martin M. & Jørgensen, Kasper, 2020, "The Importance of Timing Attitudes in Consumption-Based Asset Pricing Models," Journal of Monetary Economics, Elsevier, volume 111, issue C, pages 95-117, DOI: 10.1016/j.jmoneco.2019.01.008.
• Chien, YiLi & Lustig, Hanno & Naknoi, Kanda, 2020, "Why are exchange rates so smooth? A household finance explanation," Journal of Monetary Economics, Elsevier, volume 112, issue C, pages 129-144, DOI: 10.1016/j.jmoneco.2019.02.003.
• Ward, Colin, 2020, "Is the IT revolution over? An asset pricing view," Journal of Monetary Economics, Elsevier, volume 114, issue C, pages 283-316, DOI: 10.1016/j.jmoneco.2019.04.007.
• Winkler, Fabian, 2020, "The role of learning for asset prices and business cycles," Journal of Monetary Economics, Elsevier, volume 114, issue C, pages 42-58, DOI: 10.1016/j.jmoneco.2019.03.002.
• Vural-Yavaş, Çiğdem, 2020, "Corporate risk-taking in developed countries: The influence of economic policy uncertainty and macroeconomic conditions," Journal of Multinational Financial Management, Elsevier, volume 54, issue C, DOI: 10.1016/j.mulfin.2020.100616.
• Wang, Weishen, 2020, "Shanghai-Hong Kong Stock Exchange Connect Program: A story of two markets and different groups of stocks," Journal of Multinational Financial Management, Elsevier, volume 55, issue C, DOI: 10.1016/j.mulfin.2020.100630.
• Li, Yuan & Ran, Jimmy, 2020, "Investor Sentiment and Stock Price Premium Validation with Siamese Twins from China," Journal of Multinational Financial Management, Elsevier, volume 57, issue , DOI: 10.1016/j.mulfin.2020.100655.
• Mudalige, Priyantha & Duong, Huu Nhan & Kalev, Petko S. & Gupta, Kartick, 2020, "Who trades in competing firms around earnings announcements," Pacific-Basin Finance Journal, Elsevier, volume 59, issue C, DOI: 10.1016/j.pacfin.2019.101219.
• Yang, Xiaolan & Zhu, Yu & Cheng, Teng Yuan, 2020, "How the individual investors took on big data: The effect of panic from the internet stock message boards on stock price crash," Pacific-Basin Finance Journal, Elsevier, volume 59, issue C, DOI: 10.1016/j.pacfin.2019.101245.
• Rong, Yuen & Tian, Cunzhi & Li, Lifang & Zheng, Xinwei, 2020, "Labor hiring and stock return: A model and new evidence from China," Pacific-Basin Finance Journal, Elsevier, volume 59, issue C, DOI: 10.1016/j.pacfin.2019.101256.
• Lou, Kuo-Ren & Lu, Yang-Kai & Shiu, Cheng-Yi, 2020, "Monitoring role of institutional investors and acquisition performance: Evidence from East Asian markets," Pacific-Basin Finance Journal, Elsevier, volume 59, issue C, DOI: 10.1016/j.pacfin.2019.101244.
• Lin, Chaonan & Xia, Chuanxin & Yang, Nien-Tzu & Yang, Sheng-Yung, 2020, "Enhancing momentum profits in the Taiwan Stock Market: The role of extreme absolute strength," Pacific-Basin Finance Journal, Elsevier, volume 59, issue C, DOI: 10.1016/j.pacfin.2019.101258.
• Li, Cong-Cong & Xu, Hai-Chuan & Zhou, Wei-Xing, 2020, "News coverage and portfolio returns: Evidence from China," Pacific-Basin Finance Journal, Elsevier, volume 60, issue C, DOI: 10.1016/j.pacfin.2020.101293.
• Liao, Wenbin & Du, Jianing & Sun, Ping-Wen, 2020, "Heterogeneous institutional preferences and informativeness: Evidence from China," Pacific-Basin Finance Journal, Elsevier, volume 60, issue C, DOI: 10.1016/j.pacfin.2020.101295.
• Wang, Jiazhen & Chen, Xin & Li, Xiaoxia & Yu, Jing & Zhong, Rui, 2020, "The market reaction to green bond issuance: Evidence from China," Pacific-Basin Finance Journal, Elsevier, volume 60, issue C, DOI: 10.1016/j.pacfin.2020.101294.
• Chae, Joon & Kim, Ryumi, 2020, "Contrarian profits of the firm-specific component on stock returns," Pacific-Basin Finance Journal, Elsevier, volume 61, issue C, DOI: 10.1016/j.pacfin.2019.101176.
• Zaremba, Adam & Szyszka, Adam & Long, Huaigang & Zawadka, Dariusz, 2020, "Business sentiment and the cross-section of global equity returns," Pacific-Basin Finance Journal, Elsevier, volume 61, issue C, DOI: 10.1016/j.pacfin.2020.101329.
• Azmi, Wajahat & Mohamad, Shamsher & Shah, Mohamed Eskandar, 2020, "Ethical investments and financial performance: An international evidence," Pacific-Basin Finance Journal, Elsevier, volume 62, issue C, DOI: 10.1016/j.pacfin.2019.05.005.
• Zaremba, Adam & Karathanasopoulos, Andreas & Maydybura, Alina & Czapkiewicz, Anna & Bagheri, Noushin, 2020, "Dissecting anomalies in Islamic stocks: Integrated or segmented pricing?," Pacific-Basin Finance Journal, Elsevier, volume 62, issue C, DOI: 10.1016/j.pacfin.2018.05.006.
• Nath, Harmindar B. & Brooks, Robert D., 2020, "Investor-herding and risk-profiles: A State-Space model-based assessment," Pacific-Basin Finance Journal, Elsevier, volume 62, issue C, DOI: 10.1016/j.pacfin.2020.101383.
• Zhang, Xuan & Xiao, Jun & Zhang, Zhekai, 2020, "An anatomy of commodity futures returns in China," Pacific-Basin Finance Journal, Elsevier, volume 62, issue C, DOI: 10.1016/j.pacfin.2020.101366.
• Lin, Hung-Wen & Huang, Jing-Bo & Lin, Kun-Ben & Zhang, Joyce & Chen, Shu-Heng, 2020, "Which is the better fourth factor in China? Reversal or turnover?," Pacific-Basin Finance Journal, Elsevier, volume 62, issue C, DOI: 10.1016/j.pacfin.2020.101347.
• Zhou, Hao & Kalev, Petko S. & Frino, Alex, 2020, "Algorithmic trading in turbulent markets," Pacific-Basin Finance Journal, Elsevier, volume 62, issue C, DOI: 10.1016/j.pacfin.2020.101358.
• Cheng, Hang & Shi, Yongdong, 2020, "Forecasting China's stock market variance," Pacific-Basin Finance Journal, Elsevier, volume 64, issue C, DOI: 10.1016/j.pacfin.2020.101421.
• Nartea, Gilbert V. & Bai, Hengyu & Wu, Ji, 2020, "Investor sentiment and the economic policy uncertainty premium," Pacific-Basin Finance Journal, Elsevier, volume 64, issue C, DOI: 10.1016/j.pacfin.2020.101438.
• Lee, Deok-Hyeon & Min, Byoung-Kyu & Xiao, Yuchao, 2020, "Testing the mood seasonality hypothesis: Evidence from down under," Pacific-Basin Finance Journal, Elsevier, volume 64, issue C, DOI: 10.1016/j.pacfin.2020.101440.
• Chuang, Yi-Wei & Tsai, Wei-Che & Weng, Pei-Shih, 2020, "The impact of weather on order submissions and trading performance," Pacific-Basin Finance Journal, Elsevier, volume 64, issue C, DOI: 10.1016/j.pacfin.2020.101456.
• Zhao, Ruwei, 2020, "Quantifying the correlation of media coverage and stock price crash risk: A panel study from China," Physica A: Statistical Mechanics and its Applications, Elsevier, volume 537, issue C, DOI: 10.1016/j.physa.2019.122378.
• Chen, Jia & Gao, Ya-Chun & Li, Qiang & Zeng, Yong, 2020, "Cash holdings, M&A decision and risk premium," Physica A: Statistical Mechanics and its Applications, Elsevier, volume 537, issue C, DOI: 10.1016/j.physa.2019.122571.
• Zhao, Ruwei, 2020, "Quantifying the cross sectional relation of daily happiness sentiment and stock return: Evidence from US," Physica A: Statistical Mechanics and its Applications, Elsevier, volume 538, issue C, DOI: 10.1016/j.physa.2019.122629.
• Wang, Haoyu & Di, Junpeng & Yang, Zhaojun & Han, Qing, 2020, "Assessment of mutual fund performance based on Ensemble Empirical Mode Decomposition," Physica A: Statistical Mechanics and its Applications, Elsevier, volume 538, issue C, DOI: 10.1016/j.physa.2019.122804.
• Yin, Kedong & Liu, Zhe & Jin, Xue, 2020, "Interindustry volatility spillover effects in China’s stock market," Physica A: Statistical Mechanics and its Applications, Elsevier, volume 539, issue C, DOI: 10.1016/j.physa.2019.122936.
• Caginalp, Gunduz & DeSantis, Mark, 2020, "Nonlinear price dynamics of S&P 100 stocks," Physica A: Statistical Mechanics and its Applications, Elsevier, volume 547, issue C, DOI: 10.1016/j.physa.2019.122067.
• Gong, Xiaoye & Li, Ying & Wu, Yang-Che & Yang, Wan-Shiou, 2020, "Pricing various types of mortgage insurances with disposal and discount costs under a mean-reverting Lévy housing price process," Physica A: Statistical Mechanics and its Applications, Elsevier, volume 551, issue C, DOI: 10.1016/j.physa.2020.124561.
• Bueno-Guerrero, Alberto & Moreno, Manuel & Navas, Javier F., 2020, "Valuation of caps and swaptions under a stochastic string model," Physica A: Statistical Mechanics and its Applications, Elsevier, volume 559, issue C, DOI: 10.1016/j.physa.2020.125103.
• Caginalp, Carey & Caginalp, Gunduz, 2020, "Derivation of non-classical stochastic price dynamics equations," Physica A: Statistical Mechanics and its Applications, Elsevier, volume 560, issue C, DOI: 10.1016/j.physa.2020.125118.
• Magni, Carlo Alberto & Marchioni, Andrea, 2020, "Average rates of return, working capital, and NPV-consistency in project appraisal: A sensitivity analysis approach," International Journal of Production Economics, Elsevier, volume 229, issue C, DOI: 10.1016/j.ijpe.2020.107769.
• Rojo Suárez, Javier & Alonso Conde, Ana Belén & Ferrero Pozo, Ricardo, 2020, "European equity markets: Who is the truly representative investor?," The Quarterly Review of Economics and Finance, Elsevier, volume 75, issue C, pages 325-346, DOI: 10.1016/j.qref.2019.02.003.
• Clark, Ephraim & Qiao, Zhuo, 2020, "The value premium puzzle, behavior versus risk: New evidence from China," The Quarterly Review of Economics and Finance, Elsevier, volume 76, issue C, pages 12-21, DOI: 10.1016/j.qref.2019.04.007.
• Bouraoui, Taoufik, 2020, "The drivers of Bitcoin trading volume in selected emerging countries," The Quarterly Review of Economics and Finance, Elsevier, volume 76, issue C, pages 218-229, DOI: 10.1016/j.qref.2019.07.003.
• Gao, Jun & O’Sullivan, Niall & Sherman, Meadhbh, 2020, "An evaluation of Chinese securities investment fund performance," The Quarterly Review of Economics and Finance, Elsevier, volume 76, issue C, pages 249-259, DOI: 10.1016/j.qref.2019.08.007.
• Baig, Ahmed S. & Sabah, Nasim, 2020, "Does short selling affect the clustering of stock prices?," The Quarterly Review of Economics and Finance, Elsevier, volume 76, issue C, pages 270-277, DOI: 10.1016/j.qref.2019.08.008.
• Huerta-Sanchez, Daniel & Jafarinejad, Mohammad & Kim, Dongshin & Soyeh, Kenneth W., 2020, "Disentangling bubbles in equity REITs," The Quarterly Review of Economics and Finance, Elsevier, volume 76, issue C, pages 357-367, DOI: 10.1016/j.qref.2019.09.007.
• Bera, Anil Kumar & Uyar, Umut & Kangalli Uyar, Sinem Guler, 2020, "Analysis of the five-factor asset pricing model with wavelet multiscaling approach," The Quarterly Review of Economics and Finance, Elsevier, volume 76, issue C, pages 414-423, DOI: 10.1016/j.qref.2019.09.014.
• Bask, Mikael, 2020, "Pure announcement and time effects in the dividend-discount model," The Quarterly Review of Economics and Finance, Elsevier, volume 77, issue C, pages 266-270, DOI: 10.1016/j.qref.2019.10.009.
• Ayash, Brian, 2020, "The origin, ownership and use of cash flows in leveraged buyouts," The Quarterly Review of Economics and Finance, Elsevier, volume 77, issue C, pages 286-295, DOI: 10.1016/j.qref.2019.10.004.
• Bhuiyan, Erfan M. & Chowdhury, Murshed, 2020, "Macroeconomic variables and stock market indices: Asymmetric dynamics in the US and Canada," The Quarterly Review of Economics and Finance, Elsevier, volume 77, issue C, pages 62-74, DOI: 10.1016/j.qref.2019.10.005.
• Weigerding, Michael, 2020, "Seasonal liquidity effects and their determinants on the covered bond market," The Quarterly Review of Economics and Finance, Elsevier, volume 78, issue C, pages 288-303, DOI: 10.1016/j.qref.2020.04.003.
• Ahmed, Mohamed S. & Alhadab, Mohammad, 2020, "Momentum, asymmetric volatility and idiosyncratic risk-momentum relation: Does technology-sector matter?," The Quarterly Review of Economics and Finance, Elsevier, volume 78, issue C, pages 355-371, DOI: 10.1016/j.qref.2020.05.005.
• Balcilar, Mehmet & Ozdemir, Zeynel Abidin & Ozdemir, Huseyin & Wohar, Mark E., 2020, "Fed’s unconventional monetary policy and risk spillover in the US financial markets," The Quarterly Review of Economics and Finance, Elsevier, volume 78, issue C, pages 42-52, DOI: 10.1016/j.qref.2020.01.004.
• Luque, Jaime, 2020, "Assessing the role of TIF and LIHTC in an equilibrium model of affordable housing development," Regional Science and Urban Economics, Elsevier, volume 80, issue C, DOI: 10.1016/j.regsciurbeco.2018.06.005.
• Mason, Charles F. & Wilmot, Neil A., 2020, "Jumps in the convenience yield of crude oil," Resource and Energy Economics, Elsevier, volume 60, issue C, DOI: 10.1016/j.reseneeco.2020.101163.
• Chen, Sheng-Syan & Chen, Yan-Shing & Liang, Woan-lih & Wang, Yanzhi, 2020, "Public R&D spending and cross-sectional stock returns," Research Policy, Elsevier, volume 49, issue 1, DOI: 10.1016/j.respol.2019.103887.
• Alhassan, Abdulrahman & Naka, Atsuyuki, 2020, "Corporate future investments and stock liquidity: Evidence from emerging markets," International Review of Economics & Finance, Elsevier, volume 65, issue C, pages 69-83, DOI: 10.1016/j.iref.2019.10.002.
• Wu, Qinin & Lu, Jing, 2020, "Air pollution, individual investors, and stock pricing in China," International Review of Economics & Finance, Elsevier, volume 67, issue C, pages 267-287, DOI: 10.1016/j.iref.2020.02.001.
• Kim, Young Min & Kang, Kyu Ho & Ka, Kook, 2020, "Do bond markets find inflation targets credible? Evidence from five inflation-targeting countries," International Review of Economics & Finance, Elsevier, volume 67, issue C, pages 66-84, DOI: 10.1016/j.iref.2019.12.007.
• Lv, Xin & Lien, Donald & Yu, Chang, 2020, "Who affects who? Oil price against the stock return of oil-related companies: Evidence from the U.S. and China," International Review of Economics & Finance, Elsevier, volume 67, issue C, pages 85-100, DOI: 10.1016/j.iref.2020.01.002.
• Alemany, Nuria & Aragó, Vicent & Salvador, Enrique, 2020, "Lead-lag relationship between spot and futures stock indexes: Intraday data and regime-switching models," International Review of Economics & Finance, Elsevier, volume 68, issue C, pages 269-280, DOI: 10.1016/j.iref.2020.03.009.
• Nazlioglu, Saban & Gupta, Rangan & Bouri, Elie, 2020, "Movements in international bond markets: The role of oil prices," International Review of Economics & Finance, Elsevier, volume 68, issue C, pages 47-58, DOI: 10.1016/j.iref.2020.03.004.
• Hu, Yingyi & Zhao, Tiao & Zhang, Lin, 2020, "Noise trading, institutional trading, and opinion divergence: Evidence on intraday data in the Chinese stock market," International Review of Economics & Finance, Elsevier, volume 68, issue C, pages 74-89, DOI: 10.1016/j.iref.2020.03.012.
• Huang, Yong & Yan, Chao, 2020, "Global accounting standards, financial statement comparability, and the cost of capital," International Review of Economics & Finance, Elsevier, volume 69, issue C, pages 301-318, DOI: 10.1016/j.iref.2020.05.019.
• Gao, Bin & Liu, Xihua, 2020, "Intraday sentiment and market returns," International Review of Economics & Finance, Elsevier, volume 69, issue C, pages 48-62, DOI: 10.1016/j.iref.2020.03.010.
• Zhu, Zhaobo & Harrison, DavidM. & Seiler, MichaelJ., 2020, "Preference for lottery features in real estate investment trusts," International Review of Economics & Finance, Elsevier, volume 69, issue C, pages 599-613, DOI: 10.1016/j.iref.2020.05.012.
• Dimitriou, Dimitrios & Kenourgios, Dimitris & Simos, Theodore, 2020, "Are there any other safe haven assets? Evidence for “exotic” and alternative assets," International Review of Economics & Finance, Elsevier, volume 69, issue C, pages 614-628, DOI: 10.1016/j.iref.2020.07.002.
• Ma, Yao & Yang, Baochen & Su, Yunpeng, 2020, "Technical trading index, return predictability and idiosyncratic volatility," International Review of Economics & Finance, Elsevier, volume 69, issue C, pages 879-900, DOI: 10.1016/j.iref.2020.07.006.
• Dai, Yiqing & Haque, Tariq & Zurbruegg, Ralf, 2020, "Factor return forecasting using cashflow spreads," International Review of Economics & Finance, Elsevier, volume 69, issue C, pages 917-931, DOI: 10.1016/j.iref.2020.06.018.
• Blitz, David & Hanauer, Matthias X. & Vidojevic, Milan, 2020, "The idiosyncratic momentum anomaly," International Review of Economics & Finance, Elsevier, volume 69, issue C, pages 932-957, DOI: 10.1016/j.iref.2020.05.008.
• Miyakoshi, Tatsuyoshi & Li, Kui-Wai & Shimada, Junji & Tsukuda, Yoshihiko, 2020, "The impact of quantitative easing and carry trade on the real estate market in Hong Kong," International Review of Economics & Finance, Elsevier, volume 69, issue C, pages 958-976, DOI: 10.1016/j.iref.2020.05.006.
• Ferreira, Alex & Matos, Paulo, 2020, "Precautionary risks for an open economy," International Review of Economics & Finance, Elsevier, volume 70, issue C, pages 154-167, DOI: 10.1016/j.iref.2020.06.034.
• Jian, Zhihong & Zhu, Zhican & Zhou, Jie & Wu, Shuai, 2020, "Intraday price jumps, market liquidity, and the magnet effect of circuit breakers," International Review of Economics & Finance, Elsevier, volume 70, issue C, pages 168-186, DOI: 10.1016/j.iref.2020.06.029.
• Sankar, Ganesh & Ramachandran, Shankar & Lukose P J, Jijo, 2020, "Dynamics of variance risk premium: Evidence from India," International Review of Economics & Finance, Elsevier, volume 70, issue C, pages 321-334, DOI: 10.1016/j.iref.2020.06.010.
• Mishra, Ajay Kumar & Parikh, Bhavik & Spahr, Ronald W., 2020, "Stock market liquidity, funding liquidity, financial crises and quantitative easing," International Review of Economics & Finance, Elsevier, volume 70, issue C, pages 456-478, DOI: 10.1016/j.iref.2020.08.013.
• Wattanatorn, Woraphon & Padungsaksawasdi, Chaiyuth & Chunhachinda, Pornchai & Nathaphan, Sarayut, 2020, "Mutual fund liquidity timing ability in the higher moment framework," Research in International Business and Finance, Elsevier, volume 51, issue C, DOI: 10.1016/j.ribaf.2019.101105.
• Díaz, Antonio & Escribano, Ana, 2020, "Measuring the multi-faceted dimension of liquidity in financial markets: A literature review," Research in International Business and Finance, Elsevier, volume 51, issue C, DOI: 10.1016/j.ribaf.2019.101079.
• Harper, Joel & Johnson, Grace & Sun, Li, 2020, "Stock price crash risk and CEO power: Firm-level analysis," Research in International Business and Finance, Elsevier, volume 51, issue C, DOI: 10.1016/j.ribaf.2019.101094.
• Wu, Long & Xu, Lei, 2020, "The role of venture capital in SME loans in China," Research in International Business and Finance, Elsevier, volume 51, issue C, DOI: 10.1016/j.ribaf.2019.101081.
• Berggrun, Luis & Cardona, Emilio & Lizarzaburu, Edmundo, 2020, "Firm profitability and expected stock returns: Evidence from Latin America," Research in International Business and Finance, Elsevier, volume 51, issue C, DOI: 10.1016/j.ribaf.2019.101119.
• Luo, Yan & Zhang, Chenyang, 2020, "Economic policy uncertainty and stock price crash risk," Research in International Business and Finance, Elsevier, volume 51, issue C, DOI: 10.1016/j.ribaf.2019.101112.
• Premti, Arjan & Smith, Garrett, 2020, "Earnings management in the pre-IPO process: Biases and predictors," Research in International Business and Finance, Elsevier, volume 52, issue C, DOI: 10.1016/j.ribaf.2019.101120.
• Nadler, Philip & Guo, Yike, 2020, "The fair value of a token: How do markets price cryptocurrencies?," Research in International Business and Finance, Elsevier, volume 52, issue C, DOI: 10.1016/j.ribaf.2019.101108.
• Dang, Tung Lam & Nguyen, Thi Minh Hue, 2020, "Liquidity risk and stock performance during the financial crisis," Research in International Business and Finance, Elsevier, volume 52, issue C, DOI: 10.1016/j.ribaf.2019.101165.
• Zhu, Sheng & Gao, Jun & Sherman, Meadhbh, 2020, "The role of future economic conditions in the cross-section of stock returns: Evidence from the US and UK," Research in International Business and Finance, Elsevier, volume 52, issue C, DOI: 10.1016/j.ribaf.2020.101193.
• Nguyen, Cuong & Hoang, Lai & Shim, Jungwook & Truong, Phuong, 2020, "Internet search intensity, liquidity and returns in emerging markets," Research in International Business and Finance, Elsevier, volume 52, issue C, DOI: 10.1016/j.ribaf.2019.101166.
• Plastun, Alex & Sibande, Xolani & Gupta, Rangan & Wohar, Mark E., 2020, "Historical evolution of monthly anomalies in international stock markets," Research in International Business and Finance, Elsevier, volume 52, issue C, DOI: 10.1016/j.ribaf.2019.101127.
• Ge, Yao & Liu, Yangshu & Qiao, Zheng & Shen, Zhe, 2020, "State ownership and the cost of debt: Evidence from corporate bond issuances in China," Research in International Business and Finance, Elsevier, volume 52, issue C, DOI: 10.1016/j.ribaf.2019.101164.
• Wattanatorn, Woraphon & Padungsaksawasdi, Chaiyuth, 2020, "Coskewness timing ability in the mutual fund industry," Research in International Business and Finance, Elsevier, volume 53, issue C, DOI: 10.1016/j.ribaf.2020.101224.
• Yin, Libo & Wei, Ya & Han, Liyan, 2020, "Firms' profit instability and the cross-section of stock returns: Evidence from China," Research in International Business and Finance, Elsevier, volume 53, issue C, DOI: 10.1016/j.ribaf.2020.101203.
• Chen, Xiaoyu & Chiang, Thomas C., 2020, "Empirical investigation of changes in policy uncertainty on stock returns—Evidence from China’s market," Research in International Business and Finance, Elsevier, volume 53, issue C, DOI: 10.1016/j.ribaf.2020.101183.
• Ben Ammar, Imen & Hellara, Slaheddine & Ghadhab, Imen, 2020, "High-frequency trading and stock liquidity: An intraday analysis," Research in International Business and Finance, Elsevier, volume 53, issue C, DOI: 10.1016/j.ribaf.2020.101235.
• Yang, Haijun & Ge, Hengshun & Luo, Ying, 2020, "The optimal bid-ask price strategies of high-frequency trading and the effect on market liquidity," Research in International Business and Finance, Elsevier, volume 53, issue C, DOI: 10.1016/j.ribaf.2020.101194.
• Lee, Seungho & Meslmani, Nabil El & Switzer, Lorne N., 2020, "Pricing Efficiency and Arbitrage in the Bitcoin Spot and Futures Markets," Research in International Business and Finance, Elsevier, volume 53, issue C, DOI: 10.1016/j.ribaf.2020.101200.
• González-Sánchez, Mariano & Nave, Juan & Rubio, Gonzalo, 2020, "Effects of uncertainty and risk aversion on the exposure of investment-style factor returns to real activity," Research in International Business and Finance, Elsevier, volume 53, issue C, DOI: 10.1016/j.ribaf.2020.101236.
• Shi, Yongjing & Tiwari, Aviral Kumar & Gozgor, Giray & Lu, Zhou, 2020, "Correlations among cryptocurrencies: Evidence from multivariate factor stochastic volatility model," Research in International Business and Finance, Elsevier, volume 53, issue C, DOI: 10.1016/j.ribaf.2020.101231.
• de Jesus, Diego Pitta & Lenin Souza Bezerra, Bruno Felipe & da Nóbrega Besarria, Cássio, 2020, "The non-linear relationship between oil prices and stock prices: Evidence from oil-importing and oil-exporting countries," Research in International Business and Finance, Elsevier, volume 54, issue C, DOI: 10.1016/j.ribaf.2020.101229.
• Ahmed, Walid M.A., 2020, "Stock market reactions to domestic sentiment: Panel CS-ARDL evidence," Research in International Business and Finance, Elsevier, volume 54, issue C, DOI: 10.1016/j.ribaf.2020.101240.
• Zhang, Wei & Wang, Pengfei & Li, Yi, 2020, "Intraday momentum in Chinese commodity futures markets," Research in International Business and Finance, Elsevier, volume 54, issue C, DOI: 10.1016/j.ribaf.2020.101278.
• Naeem, Muhammad Abubakr & Farid, Saqib & Faruk, Balli & Shahzad, Syed Jawad Hussain, 2020, "Can happiness predict future volatility in stock markets?," Research in International Business and Finance, Elsevier, volume 54, issue C, DOI: 10.1016/j.ribaf.2020.101298.
• Shi, Jinyan & Yu, Conghui & Liu, Xiangkun & Li, Yanxi, 2020, "Predicting firm stock returns with customer stock returns: Moderating effects of customer characteristics," Research in International Business and Finance, Elsevier, volume 54, issue C, DOI: 10.1016/j.ribaf.2020.101280.
• Dierkes, Maik & Germer, Stephan & Sejdiu, Vulnet, 2020, "Probability distortion, asset prices, and economic growth," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, volume 84, issue C, DOI: 10.1016/j.socec.2019.101476.
• David-Pur, Lior & Galil, Koresh & Rosenboim, Mosi, 2020, "To decrease or not to decrease: The impact of zero and negative interest rates on investment decisions," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, volume 87, issue C, DOI: 10.1016/j.socec.2020.101571.
• Bregu, Klajdi, 2020, "Overconfidence and (Over)Trading: The Effect of Feedback on Trading Behavior," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, volume 88, issue C, DOI: 10.1016/j.socec.2020.101598.
• Su, Chi-Wei & Qin, Meng & Tao, Ran & Umar, Muhammad, 2020, "Financial implications of fourth industrial revolution: Can bitcoin improve prospects of energy investment?," Technological Forecasting and Social Change, Elsevier, volume 158, issue C, DOI: 10.1016/j.techfore.2020.120178.
• Su, Chi-Wei & Qin, Meng & Tao, Ran & Shao, Xue-Feng & Albu, Lucian Liviu & Umar, Muhammad, 2020, "Can Bitcoin hedge the risks of geopolitical events?," Technological Forecasting and Social Change, Elsevier, volume 159, issue C, DOI: 10.1016/j.techfore.2020.120182.
• Juan Arismendi-Zambrano & Massimo Guidolin & Alessia Paccagnini, 2020, "Federal Reserve Chair Communication Sentiments' Heterogeneity, Personal Characteristics and their Impact on Target Rate Discovery," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2020-105, Dec.
• Markus Brueckner & Joaquin Vespignani, 2020, "Covid-19 Infections and the Performance of the Stock Market: An Empirical Analysis for Australia," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2020-56, Jun.
• Eli Remolona & James Yetman, 2020, "De Jure Benchmark Bonds," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2020-84, Sep.
• Cho, Thummim, 2020, "Turning alphas into betas: arbitrage and endogenous risk," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 102085, Aug.
• Chabakauri, Georgy & Yueyang Han, Brandon, 2020, "Collateral constraints and asset prices," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 102699, Dec.
• Phelan, C. E. & Marazzina, D. & Germano, G., 2020, "Pricing methods for α-quantile and perpetual early exercise options based on Spitzer identities," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 103780, Jun.
• Hilber, Christian A. L. & Schöni, Olivier, 2020, "On the economic impacts of constraining second home investments," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 104697, Jul.
• Lagos, Ricardo & Zhang, Shengxing, 2020, "Turnover liquidity and the transmission of monetary policy," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 105095, Jun.
• Hilber, Christian A. L. & Schöni, Olivier, 2020, "On the economic impacts of constraining second home investments," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 105149, Jun.
• Agrawal, Ashwini & Hacamo, Isaac & Hu, Zhongchen, 2021, "Information dispersion across employees and stock returns," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 106491, Oct.
• Gostlow, Glen, 2020, "The materiality and measurement of physical climate risk: evidence from Form 8-K," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 107045, Oct.
• Jiang, Hao & Vayanos, Dimitri & Zheng, Lu, 2020, "Tracking biased weights: asset pricing implications of value-weighted indexing," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 118847, Dec.
• Ergun, Lerby & Uthemann, Andreas, 2020, "Higher-order uncertainty in financial markets: evidence from a consensus pricing service," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 118893, Jun.
• Chabakauri, Georgy & Rytchkov, Oleg, 2020, "Asset pricing with index investing," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 118895, Jun.
• Ibikunle, Gbenga & Rzayev, Khaladdin, 2020, "Volatility, dark trading and market quality: evidence from the 2020 COVID-19 pandemic-driven market volatility," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 118914, Apr.
• Agrawal, Ashwini & Hacamo, Isaac & Hu, Zhongchen, 2020, "Information dispersion across employees and stock returns," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 118922, Jan.
• Bryzgalova, Svetlana & Huang, Jiantao & Julliard, Christian, 2020, "Bayesian solutions for the factor zoo: we just ran two quadrillion models," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 118924, Jan.
• Marco Pagano & Christian Wagner & Josef Zechner, 2020, "Disaster Resilience and Asset Prices," EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF), number 2008, revised Nov 2021.
• Marie Scholer & Lazaro Cuesta Barbera, 2020, "The EU sustainable finance taxonomy from the perspective of the insurance and reinsurance sector," EIOPA Financial Stability Report - Thematic Articles, EIOPA, Risks and Financial Stability Department, number 17, Jul.
• Petr Jakubik, 2020, "The impact of EIOPA statement on insurers dividends: evidence from equity market," EIOPA Financial Stability Report - Thematic Articles, EIOPA, Risks and Financial Stability Department, number 18, Jul.
• Guanming He & David Marginson, 2020, "The impact of insider trading on analyst coverage and forecasts," Accounting Research Journal, Emerald Group Publishing Limited, volume 33, issue 3, pages 499-521, June, DOI: 10.1108/ARJ-08-2019-0148.
• Xiyang Li & Bin Li & Tarlok Singh & Kan Shi, 2020, "Predicting stock market returns in the US: evidence from an average correlation approach," Accounting Research Journal, Emerald Group Publishing Limited, volume 33, issue 2, pages 411-433, February, DOI: 10.1108/ARJ-10-2018-0168.
• Qianqian Mao & Yanjun Ren & Jens-Peter Loy, 2020, "Price bubbles in agricultural commodity markets and contributing factors: evidence for corn and soybeans in China," China Agricultural Economic Review, Emerald Group Publishing Limited, volume 13, issue 1, pages 22-53, September, DOI: 10.1108/CAER-10-2019-0190.
• Matthew Allen-Coghlan & Kieran Michael McQuinn, 2020, "The potential impact of Covid-19 on the Irish housing sector," International Journal of Housing Markets and Analysis, Emerald Group Publishing Limited, volume 14, issue 4, pages 636-651, August, DOI: 10.1108/IJHMA-05-2020-0065.
• Yafeng Qin & Zikai Yang & Min Bai, 2020, "Heterogeneous firm-level responses to the US 2018 tariff announcement," International Journal of Managerial Finance, Emerald Group Publishing Limited, volume 18, issue 1, pages 94-117, December, DOI: 10.1108/IJMF-08-2020-0437.
• Mehmet Emin Yildiz & Yaman Omer Erzurumlu & Bora Kurtulus, 2020, "Comparative analyses of mean-variance and mean-semivariance approaches on global and local single factor market model for developed and emerging markets," International Journal of Emerging Markets, Emerald Group Publishing Limited, volume 17, issue 1, pages 325-350, September, DOI: 10.1108/IJOEM-01-2020-0110.
• Nadia Anjum & Suresh Kumar Oad Rajput, 2020, "Forecasting Islamic equity indices alpha," International Journal of Islamic and Middle Eastern Finance and Management, Emerald Group Publishing Limited, volume 14, issue 1, pages 183-203, September, DOI: 10.1108/IMEFM-02-2019-0068.
• Silvio John Camilleri & Semiramis Vassallo & Ye Bai, 2020, "Predictability in securities price formation: differences between developed and emerging markets," Journal of Capital Markets Studies, Emerald Group Publishing Limited, volume 4, issue 2, pages 145-166, November, DOI: 10.1108/JCMS-07-2020-0025.
• Carlos Colón De Armas & Javier Rodriguez & Herminio Romero, 2020, "The behaviour of US investors during presidential elections," Journal of Economic and Administrative Sciences, Emerald Group Publishing Limited, volume 37, issue 4, pages 730-740, October, DOI: 10.1108/JEAS-10-2019-0111.
• Nicholas Apergis & Mobeen Ur Rehman & Arusha Cooray, 2020, "Do fiscal shocks explain bond yield in high- and low-debt economies?," Journal of Economic Studies, Emerald Group Publishing Limited, volume 48, issue 2, pages 468-494, June, DOI: 10.1108/JES-05-2019-0229.
• Abdulnasser Hatemi-J & Youssef El-Khatib, 2020, "The nexus of trade-weighted dollar rates and the oil prices: an asymmetric approach," Journal of Economic Studies, Emerald Group Publishing Limited, volume 47, issue 7, pages 1579-1589, April, DOI: 10.1108/JES-06-2019-0266.
• Rahul Roy & Santhakumar Shijin, 2020, "The nexus of asset pricing, volatility and the business cycle," Journal of Economic Studies, Emerald Group Publishing Limited, volume 48, issue 1, pages 79-101, May, DOI: 10.1108/JES-08-2019-0357.
• Guglielmo Maria Caporale & Alex Plastun, 2020, "Daily abnormal price changes and trading strategies in the FOREX," Journal of Economic Studies, Emerald Group Publishing Limited, volume 48, issue 1, pages 211-222, September, DOI: 10.1108/JES-11-2019-0503.
• Hechem Ajmi & Nadia Arfaoui, 2020, "Effects of the political risk on Bitcoin return and volatility: evidence from the 2016 US presidential election," Journal of Financial Economic Policy, Emerald Group Publishing Limited, volume 13, issue 1, pages 94-115, August, DOI: 10.1108/JFEP-01-2020-0010.
• Mohamad Hassan & Evangelos Giouvris, 2019, "Financial institutions mergers: a strategy choice of wealth maximisation and economic value," Journal of Financial Economic Policy, Emerald Group Publishing Limited, volume 12, issue 4, pages 495-529, December, DOI: 10.1108/JFEP-06-2019-0113.
• Corey Garriott & Sophie Lefebvre & Guillaume Nolin & Francisco Rivadeneyra & Adrian Walton, 2020, "Alternative futures for Government of Canada debt management," Journal of Financial Economic Policy, Emerald Group Publishing Limited, volume 12, issue 4, pages 659-685, January, DOI: 10.1108/JFEP-07-2019-0149.
• Fahad Almudhaf & Bader Alhashel, 2020, "Pricing efficiency of Saudi exchange traded funds (ETFs)," Journal of Islamic Accounting and Business Research, Emerald Group Publishing Limited, volume 11, issue 4, pages 793-809, January, DOI: 10.1108/JIABR-06-2017-0082.
• Mohamad Hafiz Hazny & Haslifah Mohamad Hasim & Aida Yuzy Yusof, 2020, "Mathematical modelling of ashariah-compliant capital asset pricing model," Journal of Islamic Accounting and Business Research, Emerald Group Publishing Limited, volume 11, issue 1, pages 90-109, January, DOI: 10.1108/JIABR-07-2016-0083.
• Savva Shanaev & Nikita Shimkus & Binam Ghimire & Satish Sharma, 2020, "Children’s toy or grown-ups’ gamble? LEGO sets as an alternative investment," Journal of Risk Finance, Emerald Group Publishing Limited, volume 21, issue 5, pages 577-620, November, DOI: 10.1108/JRF-02-2020-0021.
• Mariano Gonzalez Sanchez & Sonia Rodriguez-Sanchez, 2020, "Comparative analysis of interest rate term structures in the Solvency II environment," Journal of Risk Finance, Emerald Group Publishing Limited, volume 22, issue 1, pages 16-33, July, DOI: 10.1108/JRF-04-2020-0067.
• Ivan Mugarura Tusiime & Man Wang, 2020, "Are Islamic stocks subject to oil price risk exposure?," Journal of Risk Finance, Emerald Group Publishing Limited, volume 21, issue 2, pages 181-200, May, DOI: 10.1108/JRF-05-2019-0076.
• Mashukudu Hartley Molele & Janine Mukuddem-Petersen, 2020, "Emerging market currency risk exposure: evidence from South Africa," Journal of Risk Finance, Emerald Group Publishing Limited, volume 21, issue 2, pages 159-179, May, DOI: 10.1108/JRF-07-2019-0123.