Research classified by Journal of Economic Literature (JEL) codes

2020

• Boros, Péter, 2020, "A hitelminősítői bejelentések fertőző hatásai és a hitelértékelési kiigazítás
  [Rating migration, credit risk contagion and Credit Valuation Adjustment]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), volume 0, issue 2, pages 140-163, DOI: 10.18414/KSZ.2020.2.140.
• Habis, Helga & Perge, Laura, 2020, "A tőkepiaci eszközárazási modell három időszakos kiterjesztése
  [The three-period capital-asset pricing model]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), volume 0, issue 4, pages 379-393, DOI: 10.18414/KSZ.2020.4.379.
• Neszveda, Gábor & Csillag, Balázs, 2020, "A gazdasági várakozások hatása a tőzsdei momentumstratégiára
  [The impact of economic expectations on the momentum trading strategy]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), volume 0, issue 11, pages 1093-1111, DOI: 10.18414/KSZ.2020.11.1093.
• Tanweer Akram & Huiqing Li, 2020, "The Empirics of UK Gilts' Yields," Economics Working Paper Archive, Levy Economics Institute, number wp_969, Sep.
• Tanweer Akram, 2020, "A Note Concerning Government Bond Yields," Economics Working Paper Archive, Levy Economics Institute, number wp_977, Nov.
• Linas Jurksas & Vitalijus Klincevicius, 2020, "Relevance of Sovereign Bond Valuations Topic in the Speeches of ECB Officials," Bank of Lithuania Discussion Paper Series, Bank of Lithuania, number 20, Jun.
• Valentin Jouvanceau & Ieva Mikaliunaite, 2020, "Euro Area Monetary Communications: Excess Sensitivity and Perception Shocks," Bank of Lithuania Working Paper Series, Bank of Lithuania, number 79, Oct.
• Michele Berardi, 2020, "Learning from Prices: Information Aggregation and Accumulation in an Asset Price Model," Economics Discussion Paper Series, Economics, The University of Manchester, number 2009, Jul.
• Peter Tillmann, 2020, "Financial Markets and Dissent in the ECB’s Governing Council," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 202048.
• J. Arismendi-Zambrano & R. Azevedo, 2020, "Implicit Entropic Market Risk-Premium from Interest Rate Derivatives," Economics Department Working Paper Series, Department of Economics, National University of Ireland - Maynooth, number n303-20.pdf.
• Massimo Guidolin & Martin Lozano & Juan Arismendi Zambrano, , "Multifactor Empirical Asset Pricing Under Higher-Order Moment Variations," Economics Department Working Paper Series, Department of Economics, National University of Ireland - Maynooth, number n304-20.pdf.
• Leo Julianto & Irwan Adi Ekaputra, 2020, "Max-Effect in the Indonesian Market," Capital Markets Review, Malaysian Finance Association, volume 28, issue 2, pages 19-27.
• Felicity K. Mathye & Collins C. Ngwakwe, 2020, "Women in Top Management and Corporate Share Price: The Mediating Role of Management Learning," Managing Global Transitions, University of Primorska, Faculty of Management Koper, volume 18, issue 2 (Summer, pages 111-126, DOI: 10.26493/1854-6935.18.111-126.
• Gianluca Cassese, 2020, "Complete and Competitive Financial Markets in a Complex World," Working Papers, University of Milano-Bicocca, Department of Economics, number 435, Mar, revised Mar 2020.
• Christoph E. Boehm & T. Niklas Kroner, 2020, "The US, Economic News, and the Global Financial Cycle," Working Papers, Research Seminar in International Economics, University of Michigan, number 677, Sep.
• Roman Horvath & Lorant Kaszab & Ales Marsal, 2020, "Equity Premium and Monetary Policy in a Model with Limited Asset Market Participation," MNB Working Papers, Magyar Nemzeti Bank (Central Bank of Hungary), number 2020/3.
• Bonsoo Koo & Davide La Vecchia & Oliver Linton, 2020, "Estimation of a Nonparametric Model for Bond Prices from Cross-Section and Time Series Information," Monash Econometrics and Business Statistics Working Papers, Monash University, Department of Econometrics and Business Statistics, number 4/20.
• Harminder B. Nath & Robert D. Brooks, 2020, "Investor-herding and risk-profiles: A State-Space Model-based Assessment," Monash Econometrics and Business Statistics Working Papers, Monash University, Department of Econometrics and Business Statistics, number 9/20.
• Marie-Claude Beaulieu & Jean-Marie Dufour & Lynda Khalaf, 2020, "Arbitrage Pricing, Weak Beta, Strong Beta: Identification-Robust and Simultaneous Inference," Cahiers de recherche, Centre interuniversitaire de recherche en économie quantitative, CIREQ, number 15-2020, Apr.
• Luis García-Feijóo & Benjamin A. Jansen, 2020, "Operating Leverage and Stock Returns: International Evidence," Working Papers, Middle Tennessee State University, Department of Economics and Finance, number 202002, Jan.
• Benjamin A. Jansen, 2020, "Cash Flow Growth and Stock Return," Working Papers, Middle Tennessee State University, Department of Economics and Finance, number 202004, Mar.
• Mikhail Anufriev & Aleksei Chernulich & Jan Tuinstra, 2020, "Asset Price Volatility and Investment Horizons: An Experimental Investigation," Working Papers, New York University Abu Dhabi, Department of Social Science, number 20200053, Aug, revised Aug 2020.
• Xiaohong Chen & Lars Peter Hansen & Peter G. Hansen, 2020, "Robust identification of investor beliefs," Proceedings of the National Academy of Sciences, Proceedings of the National Academy of Sciences, volume 117, issue 52, pages 33130-33140, December.
• Katarzyna Czech, 2020, "Speculative trading and its effect on the forward premium puzzle: new evidence from Japanese yen market," Bank i Kredyt, Narodowy Bank Polski, volume 51, issue 2, pages 167-188.
• Nicolae B. Gârleanu & Stavros Panageas, 2020, "Heterogeneity and Asset Prices: A Different Approach," NBER Working Papers, National Bureau of Economic Research, Inc, number 26607, Jan.
• Takatoshi Ito & Kenta Yamada & Misako Takayasu & Hideki Takayasu, 2020, "Execution Risk and Arbitrage Opportunities in the Foreign Exchange Markets," NBER Working Papers, National Bureau of Economic Research, Inc, number 26706, Jan.
• James J. Choi & Kevin Zhao, 2020, "Did Mutual Fund Return Persistence Persist?," NBER Working Papers, National Bureau of Economic Research, Inc, number 26707, Jan.
• Valentin Haddad & Serhiy Kozak & Shrihari Santosh, 2020, "Factor Timing," NBER Working Papers, National Bureau of Economic Research, Inc, number 26708, Jan.
• Matteo Leombroni & Monika Piazzesi & Martin Schneider & Ciaran Rogers, 2020, "Inflation and the Price of Real Assets," NBER Working Papers, National Bureau of Economic Research, Inc, number 26740, Feb.
• Ricardo Lagos & Shengxing Zhang, 2020, "The Limits of onetary Economics: On Money as a Latent Medium of Exchange," NBER Working Papers, National Bureau of Economic Research, Inc, number 26756, Feb.
• Hanming Fang & Yongqin Wang & Xian Wu, 2020, "The Collateral Channel of Monetary Policy: Evidence from China," NBER Working Papers, National Bureau of Economic Research, Inc, number 26792, Feb.
• Mehran Ebrahimian & Jessica Wachter, 2020, "Risks to Human Capital," NBER Working Papers, National Bureau of Economic Research, Inc, number 26823, Mar.
• Julien Pénasse & Luc Renneboog & José A. Scheinkman, 2020, "When a Master Dies: Speculation and Asset Float," NBER Working Papers, National Bureau of Economic Research, Inc, number 26831, Mar.
• Scott R. Baker & Nicholas Bloom & Steven J. Davis & Kyle J. Kost & Marco C. Sammon & Tasaneeya Viratyosin, 2020, "The Unprecedented Stock Market Impact of COVID-19," NBER Working Papers, National Bureau of Economic Research, Inc, number 26945, Apr.
• Laura Alfaro & Anusha Chari & Andrew N. Greenland & Peter K. Schott, 2020, "Aggregate and Firm-Level Stock Returns During Pandemics, in Real Time," NBER Working Papers, National Bureau of Economic Research, Inc, number 26950, Apr.
• Leonid Kogan & Dimitris Papanikolaou & Lawrence D. W. Schmidt & Jae Song, 2020, "Technological Innovation and Labor Income Risk," NBER Working Papers, National Bureau of Economic Research, Inc, number 26964, Apr.
• Patrick Bolton & Marcin Kacperczyk, 2020, "Do Investors Care about Carbon Risk?," NBER Working Papers, National Bureau of Economic Research, Inc, number 26968, Apr.
• Tarek Alexander Hassan & Stephan Hollander & Laurence van Lent & Markus Schwedeler & Ahmed Tahoun, 2020, "Firm-Level Exposure to Epidemic Diseases: COVID-19, SARS, and H1N1," NBER Working Papers, National Bureau of Economic Research, Inc, number 26971, Apr.
• Stavros Panageas, 2020, "The Implications of Heterogeneity and Inequality for Asset Pricing," NBER Working Papers, National Bureau of Economic Research, Inc, number 26974, Apr.
• William Belmont & Bruce Sacerdote & Ranjan Sehgal & Ian Van Hoek, 2020, "Relief Rally: Senators As Feckless As the Rest of Us at Stock Picking," NBER Working Papers, National Bureau of Economic Research, Inc, number 26975, Apr.
• Jonathan S. Hartley & Urban Jermann, 2020, "Should the U.S. Government Issue Floating Rate Notes?," NBER Working Papers, National Bureau of Economic Research, Inc, number 27065, Apr.
• Harrison Hong & Neng Wang & Jinqiang Yang, 2020, "Mitigating Disaster Risks in the Age of Climate Change," NBER Working Papers, National Bureau of Economic Research, Inc, number 27066, Apr.
• Sergey Chernenko & Adi Sunderam, 2020, "Measuring the Perceived Liquidity of the Corporate Bond Market," NBER Working Papers, National Bureau of Economic Research, Inc, number 27092, May.
• Geert Bekaert & Eric Engstrom & Andrey Ermolov, 2020, "The Variance Risk Premium in Equilibrium Models," NBER Working Papers, National Bureau of Economic Research, Inc, number 27108, May.
• Richard K. Lyons & Ganesh Viswanath-Natraj, 2020, "What Keeps Stablecoins Stable?," NBER Working Papers, National Bureau of Economic Research, Inc, number 27136, May.
• Nicholas C. Barberis & Lawrence J. Jin & Baolian Wang, 2020, "Prospect Theory and Stock Market Anomalies," NBER Working Papers, National Bureau of Economic Research, Inc, number 27155, May.
• Valentin Haddad & Alan Moreira & Tyler Muir, 2020, "When Selling Becomes Viral: Disruptions in Debt Markets in the COVID-19 Crisis and the Fed’s Response," NBER Working Papers, National Bureau of Economic Research, Inc, number 27168, May.
• Jonathan T. Vu & Benjamin K. Kaplan & Shomesh Chaudhuri & Monique K. Mansoura & Andrew W. Lo, 2020, "Financing Vaccines for Global Health Security," NBER Working Papers, National Bureau of Economic Research, Inc, number 27212, May.
• Gonzalo Asis & Anusha Chari & Adam Haas, 2020, "In Search of Distress Risk in Emerging Markets," NBER Working Papers, National Bureau of Economic Research, Inc, number 27213, May.
• Harrison Hong & Neng Wang & Jinqiang Yang, 2020, "Implications of Stochastic Transmission Rates for Managing Pandemic Risks," NBER Working Papers, National Bureau of Economic Research, Inc, number 27218, May.
• Lin William Cong & Ye Li & Neng Wang, 2020, "Tokenomics: Dynamic Adoption and Valuation," NBER Working Papers, National Bureau of Economic Research, Inc, number 27222, May.
• Alexander M. Chinco & Samuel M. Hartzmark & Abigail B. Sussman, 2020, "Necessary Evidence For A Risk Factor’s Relevance," NBER Working Papers, National Bureau of Economic Research, Inc, number 27227, May.
• Patrick Augustin & Mikhail Chernov & Lukas Schmid & Dongho Song, 2020, "The Term Structure of Covered Interest Rate Parity Violations," NBER Working Papers, National Bureau of Economic Research, Inc, number 27231, May.
• Xiaohong Chen & Lars P. Hansen & Peter G. Hansen, 2020, "Robust Identification of Investor Beliefs," NBER Working Papers, National Bureau of Economic Research, Inc, number 27257, May.
• Stefano Giglio & Matteo Maggiori & Johannes Stroebel & Stephen Utkus, 2020, "Inside the Mind of a Stock Market Crash," NBER Working Papers, National Bureau of Economic Research, Inc, number 27272, May.
• Pedro Bordalo & Nicola Gennaioli & Rafael La Porta & Andrei Shleifer, 2020, "Belief Overreaction and Stock Market Puzzles," NBER Working Papers, National Bureau of Economic Research, Inc, number 27283, May.
• Ricardo J. Caballero & Alp Simsek, 2020, "Monetary Policy with Opinionated Markets," NBER Working Papers, National Bureau of Economic Research, Inc, number 27313, Jun.
• Ralph S. J. Koijen & Motohiro Yogo, 2020, "Exchange Rates and Asset Prices in a Global Demand System," NBER Working Papers, National Bureau of Economic Research, Inc, number 27342, Jun.
• Pierre-Olivier Weill, 2020, "The search theory of OTC markets," NBER Working Papers, National Bureau of Economic Research, Inc, number 27354, Jun.
• Mahyar Kargar & Benjamin Lester & David Lindsay & Shuo Liu & Pierre-Olivier Weill & Diego Zúñiga, 2020, "Corporate Bond Liquidity During the COVID-19 Crisis," NBER Working Papers, National Bureau of Economic Research, Inc, number 27355, Jun.
• Jules H. van Binsbergen, 2020, "Duration-Based Stock Valuation: Reassessing Stock Market Performance and Volatility," NBER Working Papers, National Bureau of Economic Research, Inc, number 27367, Jun.
• Samuel M. Hartzmark & David H. Solomon, 2020, "Reconsidering Returns," NBER Working Papers, National Bureau of Economic Research, Inc, number 27380, Jun.
• Bryan T. Kelly & Semyon Malamud & Lasse H. Pedersen, 2020, "Principal Portfolios," NBER Working Papers, National Bureau of Economic Research, Inc, number 27388, Jun.
• Jacob Boudoukh & Ronen Israel & Matthew P. Richardson, 2020, "Biases in Long-Horizon Predictive Regressions," NBER Working Papers, National Bureau of Economic Research, Inc, number 27410, Jun.
• Julian Kozlowski & Laura Veldkamp & Venky Venkateswaran, 2020, "Scarring Body and Mind: The Long-Term Belief-Scarring Effects of COVID-19," NBER Working Papers, National Bureau of Economic Research, Inc, number 27439, Jun.
• Alexander F. Wagner & Richard J. Zeckhauser & Alexandre Ziegler, 2020, "The Tax Cuts and Jobs Act: Which Firms Won? Which Lost?," NBER Working Papers, National Bureau of Economic Research, Inc, number 27470, Jul.
• Antoinette Schoar & Kelvin Yeung & Luo Zuo, 2020, "The Effect of Managers on Systematic Risk," NBER Working Papers, National Bureau of Economic Research, Inc, number 27487, Jul.
• Mikhail Chernov & Drew D. Creal & Peter Hördahl, 2020, "Sovereign Credit and Exchange Rate Risks: Evidence from Asia-Pacific Local Currency Bonds," NBER Working Papers, National Bureau of Economic Research, Inc, number 27500, Jul.
• Andrew N. Greenland & Mihai Ion & John W. Lopresti & Peter K. Schott, 2020, "Using Equity Market Reactions to Infer Exposure to Trade Liberalization," NBER Working Papers, National Bureau of Economic Research, Inc, number 27510, Jul.
• Daniel L. Tortorice & David E. Bloom & Paige Kirby & John Regan, 2020, "A Theory of Social Impact Bonds," NBER Working Papers, National Bureau of Economic Research, Inc, number 27527, Jul.
• Itay Goldstein & Shijie Yang & Luo Zuo, 2020, "The Real Effects of Modern Information Technologies: Evidence from the EDGAR Implementation," NBER Working Papers, National Bureau of Economic Research, Inc, number 27529, Jul.
• Lubos Pastor & M. Blair Vorsatz, 2020, "Mutual Fund Performance and Flows During the COVID-19 Crisis," NBER Working Papers, National Bureau of Economic Research, Inc, number 27551, Jul.
• Robin Greenwood & Samuel G. Hanson & Jeremy C. Stein & Adi Sunderam, 2020, "A Quantity-Driven Theory of Term Premia and Exchange Rates," NBER Working Papers, National Bureau of Economic Research, Inc, number 27615, Jul.
• Söhnke M. Bartram & Mark Grinblatt & Yoshio Nozawa, 2020, "Book-to-Market, Mispricing, and the Cross-Section of Corporate Bond Returns," NBER Working Papers, National Bureau of Economic Research, Inc, number 27655, Aug.
• Zhiguo He & Maggie Rong Hu & Zhenping Wang & Vincent Yao, 2020, "Valuing Long-Term Property Rights with Anticipated Political Regime Shifts," NBER Working Papers, National Bureau of Economic Research, Inc, number 27665, Aug.
• Shumiao Ouyang & Jiaheng Yu & Ravi Jagannathan, 2020, "Return to Venture Capital in the Aggregate," NBER Working Papers, National Bureau of Economic Research, Inc, number 27690, Aug.
• Ricardo J. Caballero & Alp Simsek, 2020, "Monetary Policy and Asset Price Overshooting: A Rationale for the Wall/Main Street Disconnect," NBER Working Papers, National Bureau of Economic Research, Inc, number 27712, Aug.
• Erol Akcay & David Hirshleifer, 2020, "Social Finance: Cultural Evolution, Transmission Bias and Market Dynamics," NBER Working Papers, National Bureau of Economic Research, Inc, number 27745, Aug.
• Josue Cox & Daniel L. Greenwald & Sydney C. Ludvigson, 2020, "What Explains the COVID-19 Stock Market?," NBER Working Papers, National Bureau of Economic Research, Inc, number 27784, Sep.
• Zhengyang Jiang & Hanno Lustig & Stijn Van Nieuwerburgh & Mindy Z. Xiaolan, 2020, "Manufacturing Risk-free Government Debt," NBER Working Papers, National Bureau of Economic Research, Inc, number 27786, Sep.
• Harrison Hong & Jeffrey D. Kubik & Neng Wang & Xiao Xu & Jinqiang Yang, 2020, "Pandemics, Vaccines and an Earnings Damage Function," NBER Working Papers, National Bureau of Economic Research, Inc, number 27829, Sep.
• Jules H. van Binsbergen & Xiao Han & Alejandro Lopez-Lira, 2020, "Man vs. Machine Learning: The Term Structure of Earnings Expectations and Conditional Biases," NBER Working Papers, National Bureau of Economic Research, Inc, number 27843, Sep.
• Kimberly A. Berg & Nelson C. Mark, 2020, "Uncertainty, Long-Run, and Monetary Policy Risks in a Two-Country Macro Model," NBER Working Papers, National Bureau of Economic Research, Inc, number 27844, Sep.
• Tarek Alexander Hassan & Tony Zhang, 2020, "The Economics of Currency Risk," NBER Working Papers, National Bureau of Economic Research, Inc, number 27847, Sep.
• Carolin Pflueger & Gianluca Rinaldi, 2020, "Why Does the Fed Move Markets so Much? A Model of Monetary Policy and Time-Varying Risk Aversion," NBER Working Papers, National Bureau of Economic Research, Inc, number 27856, Sep.
• Milton Harris & Christian Opp & Marcus Opp, 2020, "The Aggregate Demand for Bank Capital," NBER Working Papers, National Bureau of Economic Research, Inc, number 27858, Sep.
• Ravi Jagannathan & Yang Zhang, 2020, "A Return Based Measure of Firm Quality," NBER Working Papers, National Bureau of Economic Research, Inc, number 27859, Sep.
• Erica X.N. Li & Tao Zha & Ji Zhang & Hao Zhou, 2020, "Does Fiscal Policy Matter for Stock-Bond Return Correlation?," NBER Working Papers, National Bureau of Economic Research, Inc, number 27861, Sep.
• Steven J. Davis & Stephen Hansen & Cristhian Seminario-Amez, 2020, "Firm-Level Risk Exposures and Stock Returns in the Wake of COVID-19," NBER Working Papers, National Bureau of Economic Research, Inc, number 27867, Sep.
• Derek Lemoine, 2020, "Incentivizing Negative Emissions Through Carbon Shares," NBER Working Papers, National Bureau of Economic Research, Inc, number 27880, Oct.
• Itamar Drechsler & Alan Moreira & Alexi Savov, 2020, "Liquidity and Volatility," NBER Working Papers, National Bureau of Economic Research, Inc, number 27959, Oct.
• Svetlana Bender & James J. Choi & Danielle Dyson & Adriana Z. Robertson, 2020, "Millionaires Speak: What Drives Their Personal Investment Decisions?," NBER Working Papers, National Bureau of Economic Research, Inc, number 27969, Oct.
• Hang Bai & Lu Zhang, 2020, "Searching for the Equity Premium," NBER Working Papers, National Bureau of Economic Research, Inc, number 28001, Oct.
• Robert J. Barro, 2020, "r Minus g," NBER Working Papers, National Bureau of Economic Research, Inc, number 28002, Oct.
• Anil K Kashyap & Natalia Kovrijnykh & Jian Li & Anna Pavlova, 2020, "Is There Too Much Benchmarking in Asset Management?," NBER Working Papers, National Bureau of Economic Research, Inc, number 28020, Oct.
• Jonathan A. Parker & Antoinette Schoar & Yang Sun, 2020, "Retail Financial Innovation and Stock Market Dynamics: The Case of Target Date Funds," NBER Working Papers, National Bureau of Economic Research, Inc, number 28028, Oct.
• Matthias Fleckenstein & Francis A. Longstaff, 2020, "The Market Risk Premium for Unsecured Consumer Credit Risk," NBER Working Papers, National Bureau of Economic Research, Inc, number 28029, Oct.
• Justin Birru & Sinan Gokkaya & Xi Liu & René M. Stulz, 2020, "Who Benefits from Analyst “Top Picks”?," NBER Working Papers, National Bureau of Economic Research, Inc, number 28038, Oct.
• Andrea L. Eisfeldt & Edward Kim & Dimitris Papanikolaou, 2020, "Intangible Value," NBER Working Papers, National Bureau of Economic Research, Inc, number 28056, Nov.
• Kaiji Chen & Qing Wang & Tong Xu & Tao Zha, 2020, "Aggregate and Distributional Impacts of LTV Policy in China," NBER Working Papers, National Bureau of Economic Research, Inc, number 28092, Nov.
• Michael D. Bordo & John V. Duca, 2020, "How New Fed Corporate Bond Programs Dampened the Financial Accelerator in the Covid-19 Recession," NBER Working Papers, National Bureau of Economic Research, Inc, number 28097, Nov.
• Lars A. Lochstoer & Tyler Muir, 2020, "Volatility Expectations and Returns," NBER Working Papers, National Bureau of Economic Research, Inc, number 28102, Nov.
• Sebastian Infante & Guillermo Ordoñez, 2020, "The Collateral Link between Volatility and Risk Sharing," NBER Working Papers, National Bureau of Economic Research, Inc, number 28119, Nov.
• Viral V. Acharya & Timothy Johnson & Suresh Sundaresan & Steven Zheng, 2020, "The Value of a Cure: An Asset Pricing Perspective," NBER Working Papers, National Bureau of Economic Research, Inc, number 28127, Nov.
• Matthias Fleckenstein & Francis A. Longstaff, 2020, "Private Equity Returns: Empirical Evidence from the Business Credit Card Securitization Market," NBER Working Papers, National Bureau of Economic Research, Inc, number 28134, Nov.
• Yacine Aït-Sahalia & Jean Jacod & Dacheng Xiu, 2020, "Inference on Risk Premia in Continuous-Time Asset Pricing Models," NBER Working Papers, National Bureau of Economic Research, Inc, number 28140, Nov.
• Jie Cao & Sheridan Titman & Xintong Zhan & Weiming Zhang, 2020, "ESG Preference, Institutional Trading, and Stock Return Patterns," NBER Working Papers, National Bureau of Economic Research, Inc, number 28156, Nov.
• Anna Cieslak & Hao Pang, 2020, "Common Shocks in Stocks and Bonds," NBER Working Papers, National Bureau of Economic Research, Inc, number 28184, Dec.
• Bernard Dumas & Marcel Savioz, 2020, "A Theory of the Nominal Character of Stock Securities," NBER Working Papers, National Bureau of Economic Research, Inc, number 28186, Dec.
• Akshaya Jha & Stephen A. Karolyi & Nicholas Z. Muller, 2020, "Polluting Public Funds: The Effect of Environmental Regulation on Municipal Bonds," NBER Working Papers, National Bureau of Economic Research, Inc, number 28210, Dec.
• Mikhail Chernov & Magnus Dahlquist & Lars A. Lochstoer, 2020, "Pricing Currency Risks," NBER Working Papers, National Bureau of Economic Research, Inc, number 28260, Dec.
• Roger Farmer & Jean-Philippe Bouchaud, 2020, "Self-Fulfilling Prophecies, Quasi Non-Ergodicity & Wealth Inequality," NBER Working Papers, National Bureau of Economic Research, Inc, number 28261, Dec.
• Annette Vissing-Jorgensen, 2020, "Informal Central Bank Communication," NBER Working Papers, National Bureau of Economic Research, Inc, number 28276, Dec.
• Panageas, Stavros, 2020, "The Implications of Heterogeneity and Inequality for Asset Pricing," Foundations and Trends(R) in Finance, now publishers, volume 12, issue 3, pages 199-275, November, DOI: 10.1561/0500000057.
• Baker, Andrew & Gelbach, Jonah B., 2020, "Machine Learning and Predicted Returns for Event Studies in Securities Litigation," Journal of Law, Finance, and Accounting, now publishers, volume 5, issue 2, pages 231-272, September, DOI: 10.1561/108.00000047.
• Mihir Dash, 2020, "Firm-Level Determinants of Cost Structure of the Indian Sugar Industry," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, volume 9, issue 2, pages 55-62, June.
• Berardino Palazzo & Ram Yamarthy, 2020, "Credit Risk and the Transmission of Interest Rate Shocks," Working Papers, Office of Financial Research, US Department of the Treasury, number 20-05, Dec.
• LĂCĂTUŞ (BELE) Alexandra Maria, 2020, "Green Bonds: The Most Innovative Financial Instruments On The Stock Exchange," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, volume 1, issue 1, pages 264-273, July.
• Xiao, Tim, 2020, "The Valuation of Financial Derivatives Subject to Counterparty Risk and Credit Value Adjustment," arabixiv.org, Center for Open Science, number ep9dn, Jun, DOI: 10.31219/osf.io/ep9dn.
• Huber, Christoph & Rose, Julia, 2020, "Do individual attitudes towards imprecision survive in experimental asset markets?," OSF Preprints, Center for Open Science, number bw8fc, Sep, DOI: 10.31219/osf.io/bw8fc.
• Xiao, Tim, 2020, "The Valuation of Financial Derivatives Subject to Counterparty Risk and Credit Value Adjustment," SocArXiv, Center for Open Science, number jc43a, Jun, DOI: 10.31219/osf.io/jc43a.
• Cookson, J. Anthony & Engelberg, Joseph E. & Mullins, William, 2020, "Does Partisanship Shape Investor Beliefs? Evidence from the COVID-19 Pandemic," SocArXiv, Center for Open Science, number rwhse, Jun, DOI: 10.31219/osf.io/rwhse.
• Olivier Scaillet & Adrien Treccani & Christopher Trevisan, 2020, "High-Frequency Jump Analysis of the Bitcoin Market," Journal of Financial Econometrics, Oxford University Press, volume 18, issue 2, pages 209-232.
• Patrick Gagliardini & Diego Ronchetti, 2020, "Comparing Asset Pricing Models by the Conditional Hansen-Jagannathan Distance," Journal of Financial Econometrics, Oxford University Press, volume 18, issue 2, pages 333-394.
• Bruno Feunou & Ricardo Lopez Aliouchkin & Roméo Tédongap & Lai Xu, 2020, "The Term Structures of Expected Loss and Gain Uncertainty," Journal of Financial Econometrics, Oxford University Press, volume 18, issue 3, pages 473-501.
• Jennifer Conrad & Robert F Dittmar & Allaudeen Hameed, 2020, "Implied Default Probabilities and Losses Given Default from Option Prices," Journal of Financial Econometrics, Oxford University Press, volume 18, issue 3, pages 629-652.
• Bastian von Beschwitz & Donald B Keim & Massimo Massa, 2020, "First to “Read” the News: News Analytics and Algorithmic Trading," The Review of Asset Pricing Studies, Society for Financial Studies, volume 10, issue 1, pages 122-178.
• Brad M Barber & Yi-Tsung Lee & Yu-Jane Liu & Terrance Odean & Ke Zhang, 2020, "Learning, Fast or Slow," The Review of Asset Pricing Studies, Society for Financial Studies, volume 10, issue 1, pages 61-93.
• Pierluigi Balduzzi & I-Hsuan Ethan Chiang, 2020, "Real Exchange Rates and Currency Risk Premiums," The Review of Asset Pricing Studies, Society for Financial Studies, volume 10, issue 1, pages 94-121.
• Andrew Y Chen & Tom Zimmermann & Jeffrey Pontiff, 2020, "Publication Bias and the Cross-Section of Stock Returns," The Review of Asset Pricing Studies, Society for Financial Studies, volume 10, issue 2, pages 249-289.
• Chris Kirby & Nikolai Roussanov, 2020, "Firm Characteristics, Cross-Sectional Regression Estimates, and Asset Pricing Tests," The Review of Asset Pricing Studies, Society for Financial Studies, volume 10, issue 2, pages 290-334.
• Chunhua Lan & Nikolai Roussanov, 2020, "Stock Price Movements: Business-Cycle and Low-Frequency Perspectives," The Review of Asset Pricing Studies, Society for Financial Studies, volume 10, issue 2, pages 335-395.
• Jan Bena & Lorenzo Garlappi, 2020, "Corporate Innovation and Returns
  [Last-in first-out oligopoly dynamics]," The Review of Corporate Finance Studies, Society for Financial Studies, volume 9, issue 2, pages 340-383.
• Rui Albuquerque & Yrjo Koskinen & Shuai Yang & Chendi Zhang, 2020, "Resiliency of Environmental and Social Stocks: An Analysis of the Exogenous COVID-19 Market Crash," The Review of Corporate Finance Studies, Society for Financial Studies, volume 9, issue 3, pages 593-621.
• Stefano Ramelli & Alexander F Wagner, 2020, "Feverish Stock Price Reactions to COVID-19," The Review of Corporate Finance Studies, Society for Financial Studies, volume 9, issue 3, pages 622-655.
• David Berger & Ian Dew-Becker & Stefano Giglio, 2020, "Uncertainty Shocks as Second-Moment News Shocks," The Review of Economic Studies, Review of Economic Studies Ltd, volume 87, issue 1, pages 40-76.
• Julien Hugonnier & Benjamin Lester & Pierre-Olivier Weill, 2020, "Frictional Intermediation in Over-the-Counter Markets," The Review of Economic Studies, Review of Economic Studies Ltd, volume 87, issue 3, pages 1432-1469.
• Anna Scherbina & Bernd Schlusche, 2020, "Follow the Leader: Using the Stock Market to Uncover Information Flows between Firms
  [Trade credit and cross-country predictable firm returns]," Review of Finance, European Finance Association, volume 24, issue 1, pages 189-225.
• Aaron L Bodoh-Creed, 2020, "Mood, Memory, and the Evaluation of Asset Prices
  [Option pricing by students and professional traders: a behavioural investigation]," Review of Finance, European Finance Association, volume 24, issue 1, pages 227-262.
• Jing-Zhi Huang & Zhan Shi & Hao Zhou, 2020, "Specification Analysis of Structural Credit Risk Models
  [Corporate bond valuation and hedging with stochastic interest rates and endogenous bankruptcy]," Review of Finance, European Finance Association, volume 24, issue 1, pages 45-98.
• Francesca Brusa & Pavel Savor & Mungo Wilson, 2020, "One Central Bank to Rule Them All," Review of Finance, European Finance Association, volume 24, issue 2, pages 263-304.
• Florian Nagler, 2020, "Yield Spreads and the Corporate Bond Rollover Channel," Review of Finance, European Finance Association, volume 24, issue 2, pages 345-379.
• Teodor Dyakov & Hao Jiang & Marno Verbeek, 2020, "Trade Less and Exit Overcrowded Markets: Lessons from International Mutual Funds," Review of Finance, European Finance Association, volume 24, issue 3, pages 677-731.
• Prachi Deuskar & Nitin Kumar & Jeramia Allan Poland, 2020, "Signal on the Margin: Behavior of Levered Investors and Future Economic Conditions," Review of Finance, European Finance Association, volume 24, issue 5, pages 1039-1077.
• Rajna Gibson Brandon & Songtao Wang, 2020, "Earnings Belief Risk and the Cross-Section of Stock Returns," Review of Finance, European Finance Association, volume 24, issue 5, pages 1107-1158.
• George Panayotov, 2020, "Global Risks in the Currency Market," Review of Finance, European Finance Association, volume 24, issue 6, pages 1237-1270.
• Philipp Adämmer & Rainer A Schüssler, 2020, "Forecasting the Equity Premium: Mind the News!," Review of Finance, European Finance Association, volume 24, issue 6, pages 1313-1355.
• Giglio, Stefano & Feng, Guanhao & Xiu, Dacheng, 2020, "Taming the Factor Zoo: A Test of New Factors," CEPR Discussion Papers, Centre for Economic Policy Research, number 14266, Jan.
• Weill, Pierre-Olivier & Hugonnier, Julien & Lester, Benjamin, 2020, "Heterogeneity in Decentralized Asset Markets," CEPR Discussion Papers, Centre for Economic Policy Research, number 14274, Jan.
• Chambers, David & , & Spaenjers, Christophe, 2020, "Art as an Asset: Evidence from Keynes the Collector," CEPR Discussion Papers, Centre for Economic Policy Research, number 14357, Jan.
• ÅžimÅŸek, Alp & Iachan, Felipe Saraiva & Nenov, Plamen T., 2020, "The Choice Channel of Financial Innovation," CEPR Discussion Papers, Centre for Economic Policy Research, number 14361, Jan.
• Gambacorta, Leonardo & Mayordomo, Sergio & Serena Garralda, Jose-Maria, 2020, "Dollar borrowing, firm-characteristics, and FX-hedged funding opportunities," CEPR Discussion Papers, Centre for Economic Policy Research, number 14419, Feb.
• Opp, Marcus & Harris, Milton & Opp, Christian, 2020, "The aggregate demand for bank capital," CEPR Discussion Papers, Centre for Economic Policy Research, number 14524, Mar.
• Braggion, Fabio & Frehen, Rik & Jerphanion, Emiel, 2020, "Credit Provision and Stock Trading: Evidence from the South Sea Bubble," CEPR Discussion Papers, Centre for Economic Policy Research, number 14532, Mar.
• Kacperczyk, Marcin & Bolton, Patrick, 2020, "Carbon Premium around the World," CEPR Discussion Papers, Centre for Economic Policy Research, number 14567, Apr.
• Kacperczyk, Marcin & Bolton, Patrick, 2020, "Do Investors Care about Carbon Risk?," CEPR Discussion Papers, Centre for Economic Policy Research, number 14568, Apr.
• Zechner, Josef & Chaderina, Maria & Weiss, Patrick, 2020, "The Maturity Premium," CEPR Discussion Papers, Centre for Economic Policy Research, number 14570, Apr.
• Kaniel, Ron & Israeli, Doron & Sridharan, Suhas A., 2020, "The Real Side of the High-Volume Return Premium," CEPR Discussion Papers, Centre for Economic Policy Research, number 14587, Apr.
• de Groot, Oliver & Richter, Alexander W. & Throckmorton, Nathaniel, 2020, "Valuation Risk Revalued," CEPR Discussion Papers, Centre for Economic Policy Research, number 14588, Apr.
• Auer, Raphael & Claessens, Stijn, 2020, "Cryptocurrency market reactions to regulatory news," CEPR Discussion Papers, Centre for Economic Policy Research, number 14602, Apr.
• Albuquerque, Rui & Koskinen, Yrjo & Yang, Shuai & Zhang, Chendi, 2020, "Love in the Time of COVID-19: The Resiliency of Environmental and Social Stocks," CEPR Discussion Papers, Centre for Economic Policy Research, number 14661, Apr.
• Cieslak, Anna & Pang, Hao, 2020, "Common shocks in stocks and bonds," CEPR Discussion Papers, Centre for Economic Policy Research, number 14708, May.
• Ehrmann, Michael & Jansen, David-Jan, 2020, "Stock Return Comovement when Investors are Distracted: More, and More Homogeneous," CEPR Discussion Papers, Centre for Economic Policy Research, number 14713, May.
• Van Nieuwerburgh, Stijn & Landvoigt, Tim & Elenev, Vadim, 2020, "Can the Covid Bailouts Save the Economy?," CEPR Discussion Papers, Centre for Economic Policy Research, number 14714, May.
• Zechner, Josef & Pagano, Marco & Wagner, Christian, 2020, "Disaster Resilience and Asset Prices," CEPR Discussion Papers, Centre for Economic Policy Research, number 14773, May.
• Chernov, Mikhail & Augustin, Patrick & Schmid, Lukas & Song, Dongho, 2020, "The term structure of CIP violations," CEPR Discussion Papers, Centre for Economic Policy Research, number 14774, May.
• Giglio, Stefano & Maggiori, Matteo & Ströbel, Johannes & Utkus, Stephen P., 2020, "Inside the Mind of a Stock Market Crash," CEPR Discussion Papers, Centre for Economic Policy Research, number 14813, May.
• Caballero, Ricardo & Simsek, Alp, 2022, "Monetary Policy with Opinionated Markets," CEPR Discussion Papers, Centre for Economic Policy Research, number 14830, Jun.
• Rebucci, Alessandro & Hartley, Jonathan, 2020, "An Event Study of COVID-19 Central Bank Quantitative Easing in Advanced and Emerging Economies," CEPR Discussion Papers, Centre for Economic Policy Research, number 14841, Jun.
• Weill, Pierre-Olivier, 2020, "The search theory of OTC markets," CEPR Discussion Papers, Centre for Economic Policy Research, number 14847, Jun.
• van der Ploeg, Frederick & Hambel, Christoph & Kraft, Holger, 2020, "Asset diversification versus climate action," CEPR Discussion Papers, Centre for Economic Policy Research, number 14863, Jun.
• Koijen, Ralph & Yogo, Motohiro, 2020, "Exchange Rates and Asset Prices in a Global Demand System," CEPR Discussion Papers, Centre for Economic Policy Research, number 14874, Jun.
• Koijen, Ralph & Gormsen, Niels Joachim, 2020, "Coronavirus: Impact on Stock Prices and Growth Expectations," CEPR Discussion Papers, Centre for Economic Policy Research, number 14875, Jun.
• Wagner, Alexander F. & Zeckhauser, Richard & Ziegler, Alexandre, 2020, "The Tax Cuts and Jobs Act: Which Firms Won? Which Lost?," CEPR Discussion Papers, Centre for Economic Policy Research, number 14950, Jun.
• Chernov, Mikhail & Creal, Drew & Hördahl, Peter, 2020, "Sovereign credit and exchange rate risks: Evidence from Asia-Pacific local currency bonds," CEPR Discussion Papers, Centre for Economic Policy Research, number 14986, Jul.
• Weber, Martin & Mueller-Dethard, Jan, 2020, "The Portfolio Composition Effect," CEPR Discussion Papers, Centre for Economic Policy Research, number 15012, Jul.
• Pástor, LuboÅ¡ & Vorsatz, Blair, 2020, "Mutual Fund Performance and Flows During the COVID-19 Crisis," CEPR Discussion Papers, Centre for Economic Policy Research, number 15033, Jul.
• Taylor, Mark & Filippou, Ilias & Gozluklu, Arie & Nguyen, My, 2020, "U.S. Populist Rhetoric and Currency Returns," CEPR Discussion Papers, Centre for Economic Policy Research, number 15054, Jul.
• Glossner, Simon & Matos, Pedro Pinto & Ramelli, Stefano & Wagner, Alexander F., 2022, "Do institutional investors stabilize equity markets in crisis periods? Evidence from COVID-19," CEPR Discussion Papers, Centre for Economic Policy Research, number 15070, May.
• Bergemann, Dirk & Morris, Stephen & Heumann, Tibor, 2020, "Information, Market Power and Price Volatility," CEPR Discussion Papers, Centre for Economic Policy Research, number 15104, Jul.
• Cao, Shuo & Crump, Richard K. & ,, 2020, "Fundamental Disagreement about Monetary Policy and the Term Structure of Interest Rates," CEPR Discussion Papers, Centre for Economic Policy Research, number 15122, Aug.
• Caballero, Ricardo & Simsek, Alp, 2022, "Monetary Policy and Asset Price Overshooting: A Rationale for the Wall/Main Street Disconnect," CEPR Discussion Papers, Centre for Economic Policy Research, number 15163, Jun.
• Schürhoff, Norman & Hendershott, Terrence & Livdan, Dmitry & Li, Dan, 2020, "True Cost of Immediacy," CEPR Discussion Papers, Centre for Economic Policy Research, number 15205, Aug.
• Weill, Pierre-Olivier & Kargar, Mahyar & Lester, Benjamin & Lindsay, David & Liu, Shuo & Zúñiga, Diego, 2020, "Corporate Bond Liquidity During the COVID-19 Crisis," CEPR Discussion Papers, Centre for Economic Policy Research, number 15231, Aug.
• Giglio, Stefano & Dew-Becker, Ian & Kelly, Bryan, 2020, "Hedging macroeconomic and financial uncertainty and volatility," CEPR Discussion Papers, Centre for Economic Policy Research, number 15239, Aug.
• Zakrajsek, Egon & Gilchrist, Simon & Wei, Bin & Yue, Vivian, 2020, "The Fed Takes on Corporate Credit Risk: An Analysis of the Efficacy of the SMCCF," CEPR Discussion Papers, Centre for Economic Policy Research, number 15258, Sep.
• Taylor, Mark & Filippou, Ilias & Rapach, David & Zhou, Guofu, 2020, "Exchange Rate Prediction with Machine Learning and a Smart Carry Trade Portfolio," CEPR Discussion Papers, Centre for Economic Policy Research, number 15305, Sep.
• Taylor, Mark & Xu, Qi & Kozhan, Roman, 2020, "Prospect Theory and Currency Returns: Empirical Evidence," CEPR Discussion Papers, Centre for Economic Policy Research, number 15306, Sep.
• Hassan, Tarek & Zhang, Tony, 2020, "The Economics of Currency Risk," CEPR Discussion Papers, Centre for Economic Policy Research, number 15313, Sep.
• Hansen, Stephen & Davis, Steven & Seminario-Amez, Cristhian, 2020, "Firm-level Risk Exposures and Stock Returns in the Wake of COVID-19," CEPR Discussion Papers, Centre for Economic Policy Research, number 15314, Sep.
• Korniotis, George & Bonaparte, Yosef & Kumar, Alok, 2020, "Income Risk and Stock Market Entry/Exit Decisions," CEPR Discussion Papers, Centre for Economic Policy Research, number 15370, Oct.
• Boyarchenko, Nina & Kovner, Anna & Shachar, Or, 2020, "It’s what you say and what you buy: A holistic evaluation of the Corporate Credit Facilities," CEPR Discussion Papers, Centre for Economic Policy Research, number 15432, Nov.
• van Wijnbergen, Sweder & Olijslagers, Stan & de Vette, Nander, 2020, "Debt sustainability when r - g," CEPR Discussion Papers, Centre for Economic Policy Research, number 15478, Nov.
• Dumas, Bernard & Savioz, Marcel René, 2020, "A Theory of the Nominal Character of Stock Securities," CEPR Discussion Papers, Centre for Economic Policy Research, number 15507, Dec.
• Ongena, Steven & Antoniou, Fabio & Delis, Manthos & Tsoumas, Christos, 2020, "Pollution permits and financing costs," CEPR Discussion Papers, Centre for Economic Policy Research, number 15517, Dec.
• Dahlquist, Magnus & Ibert, Markus & Wilke, Felix, 2020, "Expectations of Active Mutual Fund Performance," CEPR Discussion Papers, Centre for Economic Policy Research, number 15548, Dec.
• Acharya, Viral & Johnson, Timothy & Sundaresan, Suresh & Zheng, Steven, 2020, "The Value of a Cure: An Asset Pricing Perspective," CEPR Discussion Papers, Centre for Economic Policy Research, number 15558, Dec.
• Vayanos, Dimitri & Jiang, Hao & Zheng, Lu, 2020, "Tracking Biased Weights: Asset Pricing Implications of Value-Weighted Indexing," CEPR Discussion Papers, Centre for Economic Policy Research, number 15563, Dec.
• Della Corte, Pasquale & Cenedese, Gino & Wang, Tianyu, 2020, "Currency Mispricing and Dealer Balance Sheets," CEPR Discussion Papers, Centre for Economic Policy Research, number 15569, Dec.