Research classified by Journal of Economic Literature (JEL) codes

2025

• Tom Doan, 2025, "LOGSKEWGEDDENSITY: RATS procedure to compute log density of skew-GED distribution," Statistical Software Components, Boston College Department of Economics, number RTS00258, revised .
• Tom Doan, 2025, "LOGSKEWGEDGARCH: RATS procedure to compute the log density of skew-GED distribution for use with GARCH," Statistical Software Components, Boston College Department of Economics, number RTS00259, revised .
• Mahmoud Fatouh & Simone Giansante & Meryem Duygun, 2025, "The real economy effects of QE through the corporate bond market," Bank of England Staff Working Paper series, Bank of England, number 1134, Jul.
• Gerardo Ferrera & Helene Hall, 2025, "Trading relationships in FX derivatives: lessons from Credit Suisse’s collapse," Bank of England Staff Working Paper series, Bank of England, number 1154, Nov.
• Iryna Kaminska & Alex Kontoghiorghes & Walker Ray, 2025, "QT versus QE: who is in when the central bank is out?," Bank of England Staff Working Paper series, Bank of England, number 1108, Jan.
• Robert Czech & Win Monroe, 2025, "Dealers, information and liquidity provision in safe assets," Bank of England Staff Working Paper series, Bank of England, number 1113, Jan.
• Miruna-Daniela Ivan & Chiara Banti & Neil Kellard, 2025, "Liquidity, monetary policy and the commodity futures market," Bank of England Staff Working Paper series, Bank of England, number 1114, Jan.
• Stefanos Delikouras & Athanasios Kontinopoulos & Dimitris Malliaropulos & Petros Migiakis, 2025, "Bond portfolio rebalancing during dash-for-cash events: evidence from the COVID-19 outbreak," Working Papers, Bank of Greece, number 351, Oct, DOI: 10.52903/wp2025351.
• ONISHI Fuyuko & HIRAI Yuichiro & ARUGA Ryo & BESSHO Hidemi, 2025, "Electronic Foreign Exchange Trading (e-FX): Developments in and implications for the Tokyo FX Market," Bank of Japan Review Series, Bank of Japan, number 25-E-4, Mar.
• Kenta Yamamoto & Tomohiro Okubo & Nobuhiro Abe & Yukio Minoura, 2025, "The Presence of Foreign Open-End Funds in Japan's Financial Markets," Bank of Japan Working Paper Series, Bank of Japan, number 25-E-8, Aug.
• Yuki Konaka & Toshitaka Maruyama & Fumitaka Nakamura, 2025, "Exploratory Scenario Analysis Considering the Growing Presence of Domestic and Foreign Investment Funds," Bank of Japan Working Paper Series, Bank of Japan, number 25-E-11, Oct.
• Fabio Franceschini, 2025, "The Innovation Long-Run Risk Component," Working Papers, Dipartimento Scienze Economiche, Universita' di Bologna, number wp1215, Nov.
• Galindo Gil Hamilton, 2025, "Heterogeneous-Agent Models in Asset Pricing: The Dynamic Programming Approach and Finite Difference Method," The B.E. Journal of Theoretical Economics, De Gruyter, volume 25, issue 1, pages 213-253, DOI: 10.1515/bejte-2024-0065.
• Fiesenig Bruno & Bock Carolin & Khoroshylova Anna & Schiereck Dirk, 2025, "Assessing the Fair Value of Unicorns Post-IPO: An Analysis of Applied Valuation Methods," Journal of Business Valuation and Economic Loss Analysis, De Gruyter, volume 20, issue 1, pages 29-48, DOI: 10.1515/jbvela-2024-0018.
• Ramos Sofia B. & Taamouti Abderrahim & Veiga Helena, 2025, "Investigating the Impact of Consumption Distribution on CRRA Estimation: Quantile-CCAPM-Based Approach," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, volume 29, issue 1, pages 39-52, DOI: 10.1515/snde-2023-0005.
• Blazsek Szabolcs & Jörding August & Rai Simran, 2025, "Generalized Autoregressive Conditional Betas: A New Multivariate Score-Driven Filter," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, volume 29, issue 1, pages 95-128, DOI: 10.1515/snde-2023-0019.
• Michis Antonis A., 2025, "Multiscale SUR Estimation of Systematic Risk," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, volume 29, issue 2, pages 129-145, DOI: 10.1515/snde-2023-0017.
• Choi Jaehyung & Kim Hyangju & Kim Young Shin, 2025, "Diversified Reward-Risk Parity in Portfolio Construction," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, volume 29, issue 2, pages 213-233, DOI: 10.1515/snde-2023-0012.
• Avramov, D. & Ge, S. & Li, S. & Linton, O. B., 2025, "Dual Industry Effects and Cross-Stock Predictability," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 2512, Mar.
• Simshauser, P. & Shellshear, E., 2026, "Renewable Energy Zones: Generator Cost Allocation Under Uncertainty," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 2524, Apr.
• Simshauser, P. & Gilmore, J., 2025, "Policy Sequencing: On the Electrification of Gas Loads in Australia’s National Electricity Market," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 2528, Jan.
• Papastaikoudis, I. & Watson, J. & Lestas, I., 2025, "Distributed Portfolio Optimization & Decentralized Pricing," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 2531, May.
• Brochet, S. & Mueller, H. & Rauh, C., 2025, "Uncovering Economic Policy Uncertainty During Conflict," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 2551, Jul.
• Xu, R. & Fan, Q., 2025, "Single-Index Quantile Factor Model with Observed Characteristics," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 2562, Sep.
• Corsetti, G. & Lloyd, S. & Marin, E. & Ostry, D., 2025, "U.S. Risk and Treasury Convenience," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 2570, Sep.
• Babolmorad, N. & Massoud, N., 2025, "Supervising Sentiment Models: Market Signals or Human Expertise?," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 2577, Oct.
• Simshauser, P., 2025, "Are Gas Turbines 'Bankable' in Transitioning Energy-Only Markets?," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 2610, Nov.
• Simshauser, P. & Gilmore, J., 2025, "The Counterfactual Scenario: Are Renewables Cheaper?," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 2626, Nov.
• Piotr Misztal, 2025, "Interest Rate Policy and the Assets and Financial Results of Central Banks in Selected European Union Member States," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 14, issue 3, pages 139-160.
• Michael McGrane, 2025, "A Survey-Based Shifting-Endpoint Dynamic Term Structure Model of Interest Rates: Working Paper 2025-03," Working Papers, Congressional Budget Office, number 60888, Aug.
• Chunxiao Lu & Linxiang Ma & Yuyang Zhang, 2025, "Heterogeneous Institutional Investor Response to Firm Environmental Regulatory Risk," Working Papers in Economics, University of Canterbury, Department of Economics and Finance, number 25/14, Dec.
• Chunxiao Lu, 2025, "Political Connection, Corruption, and Demand-Driven Stock Returns," Working Papers in Economics, University of Canterbury, Department of Economics and Finance, number 25/15, Sep.
• Athanasios Geromichalos & Kuk Mo Jung & Ioannis Kospentaris & Changhyun Lee & Sukjoon Lee, 2025, "Central bank interventions and asset market liquidity," Working Papers, University of California, Davis, Department of Economics, number 373, Aug.
• Luo, Wenwen & Paczos, Wojtek, 2025, "The Impact of China's Zero-COVID Policy on Stock Returns," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2025/16, Jul.
• Yin, Wei & Wu, Fan & Zhou, Peng & Kirkulak-Uludag, Berna, 2025, "Exploring Resilience in the Cryptocurrency Market: Risk Transmission and Network Robustness," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2025/18, Aug.
• Zhao, Meng & Paczos, Wojtek, 2025, "Did COVID-19 vaccinations increase GDP growth?," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2025/23, Dec.
• Marina Albanese & Guglielmo Maria Caporale & Ida Colella & Nicola Spagnolo, 2025, "Climate Policies, Energy Shocks and Spillovers Between Green and Brown Stock Price Indices," CESifo Working Paper Series, CESifo, number 11747.
• Marc Gronwald & Sania Wadud, 2025, "Green Bond Returns and the Dynamics of Green and Conventional Financial Markets: An Analysis Using a Thick Pen," CESifo Working Paper Series, CESifo, number 11773.
• António Afonso & Jorge Braga Ferreira, 2025, "The ECB's Pandemic Emergency Purchase Programme and Fiscal Policy: Synergies or Conflict?," CESifo Working Paper Series, CESifo, number 11864.
• Yu Awaya & Jihwan Do & Makoto Watanabe, 2025, "Bubbles and Collateral," CESifo Working Paper Series, CESifo, number 11894.
• Guglielmo Maria Caporale & Anamaria Diana Sova & Robert Sova, 2025, "Climate Risk and Financial Stability: Some Panel Evidence for the European Banking Sector," CESifo Working Paper Series, CESifo, number 11958.
• Fekria Belhouichet & Guglielmo Maria Caporale & Luis Alberiko Gil-Alana, 2025, "Persistence in Stock Returns: Robotics and AI ETFs Versus Other Assets," CESifo Working Paper Series, CESifo, number 12171.
• Uluc Aysun, 2025, "Maturity mismatches and the transmission of term premium shocks through bank lending," Working Papers, University of Central Florida, Department of Economics, number 2025-01, Feb.
• Tomohiro Hirano & Keiichi Kishi & Alexis Akira Toda, 2025, "Bursting Bubbles in a Macroeconomic Model," Discussion Papers, Centre for Macroeconomics (CFM), number 2503, Jan.
• Nicola Stalder & Michael Mayer & Steven C. Bourassa & Martin Hoesli, 2025, "Isolating Location Value Using SHAP and Interaction Constraints," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 25-02, Jan.
• Junxiong Gao & Alberto Plazzi & Rossen I. Valkanov & Yan Xu, 2025, "Fiscal Imbalances and Asset Returns: Cross-Sector Fluctuations under the Aggregate Budget Constraint," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 25-102, Dec.
• Zhimin Chen & Bryan T. Kelly & Semyon Malamud, 2025, "Limits To (Machine) Learning," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 25-106, Dec.
• Francesco D'Ercole & Kazuo Yamada & Alexander F. Wagner, 2025, "Sticks, Carrots, and Investor Behavior: Evidence from Japan," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 25-19, Feb.
• Mikhail Chernov & Bryan T. Kelly & Semyon Malamud & Johannes Schwab, 2025, "A Test of the Efficiency of a Given Portfolio in High Dimensions," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 25-26, Mar.
• Alain-Philippe Fortin & Patrick Gagliardini & O. Scaillet, 2025, "Optimal Maximin GMM Tests for Sphericity in Latent Factor Analysis of Short Panels," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 25-27, Mar.
• Martin Hoesli, 2025, "Navigating Information Imperfections in Commercial Real Estate Pricing," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 25-31, Mar.
• Marco Ceccarelli & Stefano Ramelli & Anna Vasileva & Alexander F. Wagner, 2025, "Socially Responsible Investing in the Political Context," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 25-36, Mar.
• Romulo Alves & Philipp Krueger & Mathijs A. van Dijk, 2025, "Drawing Up the Bill: Are ESG Ratings Related to Stock Returns Around the World?," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 25-41, Apr.
• Alexandre Garel & Arthur Romec & Zacharias Sautner & Alexander F. Wagner, 2025, "Firm-Level Nature Dependence," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 25-44, Apr.
• Nicolas Camenzind & Damir Filipović, 2025, "Transfer Learning Across Fixed-Income Product Classes," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 25-50, May.
• Julien Hugonnier & Darius Nik Nejad, 2025, "Heterogeneous Beliefs Recovery," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 25-55, Jun.
• Can Gao & Brandon Yueyang Han, 2025, "When No News is Good News: Multidimensional Heterogeneous Beliefs in Financial Markets," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 25-61, Jul.
• Madhushree Ayalasomayajula & Eric Jondeau, 2025, "The Dual Strategy of Exclusion and Engagement: Impact on Asset Prices and Green Transition," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 25-74, Sep.
• Martin Hoesli & Richard Malle, 2025, "The Size and Composition of Global Commercial Real Estate Markets," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 25-84, Oct.
• Franklin Allen & Patrick Behr & Riccardo Cosenza & Eric Nowak, 2025, "Do Investors care about the Rainforest? Evidence from Voluntary Carbon Offsets around the World," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 25-85, Oct.
• Snorre Gjerde & Zacharias Sautner & Alexander F. Wagner & Alexis Wegerich, 2025, "Corporate Nature Risk Perceptions," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 25-86, Oct.
• Emanuele Luzzi & Paul Schneider & Rohan Sen, 2025, "Learning the Stochastic Discount Factor via Nonparametric Option Portfolios," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 25-87, Oct.
• Pasquale Della Corte & Can Gao & Daniel P. A. Preve & Giorgio Valente, 2025, "What 200 Years of Data Tell Us About the Predictive Variance of Long-Term Bonds," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 25-95, Oct.
• Bryan T. Kelly & Semyon Malamud, 2025, "Understanding The Virtue of Complexity," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 25-96, Jul.
• Jesús Villota, 2025, "Predicting Market Reactions to News: An LLM-Based Approach Using Spanish Business Articles," Working Papers, CEMFI, number wp2025_2501, Jan.
• Tomohiro Hirano & Keiichi Kishi & Alexis Akira Toda, 2025, "Bursting Bubbles in a Macroeconomic Model," CIGS Working Paper Series, The Canon Institute for Global Studies, number 25-001E, Jan.
• Tomohiro Hirano & Alexis Akira Toda, 2025, "Bubble Economics," CIGS Working Paper Series, The Canon Institute for Global Studies, number 25-002E, Jan.
• Tomohiro Hirano & Alexis Akira Toda, 2025, "Unbalanced Growth and Land Overvaluation," CIGS Working Paper Series, The Canon Institute for Global Studies, number 25-011E, Mar.
• Makoto WATANABE & Yu Awaya & Jihwan Do, 2025, "Bubbles and Collateral," CIGS Working Paper Series, The Canon Institute for Global Studies, number 25-013E, May.
• Juan Esteban Orrego-Reyes & Juan Manuel Candelo-Viáfara & Carlos Fernando Osorio-Andrade, 2025, "Asymmetric Impacts of the Energy Market on Stock Indexes in Emerging Economies: A Quantile- Based Approach for the Colombian Case
  [Impactos asimétricos del mercado energético en los índices bursátiles de economías emergentes]," Revista de Economía del Rosario, Universidad del Rosario, volume 27, issue 2, pages 1-40, DOI: 10.12804/revistas.urosario.edu.co/e.
• Aracely Sánchez-Serna & Alba-Rocío Carvajal-Sandoval & Elmer-Adrian Camacho-Zabala & Milton-Januario Rueda-Varon, 2025, "Cálculo de pérdidas crediticias esperadas en escenarios de incertidumbre para el sector real
  [Calculation of Expected Credit Losses in Uncertain Scenarios for the Real Sector]," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, volume 17, pages 1-26, August, DOI: 10.14718/revfinanzpolitecon.v17.202.
• Luis Enrique Cayatopa-Rivera & Héctor Javier Bendezú-Jiménez, 2025, "Stock market interrelationships in the Latin American Integrated Market (MILA): a VAR approach to short-term dynamics (2015–2022)," Revista Tendencias, Universidad de Narino, volume 26, issue 02, pages 136-161, July, DOI: 10.22267/rtend.2526.
• Bartram, Söhnke & Grinblatt, Mark & Xu, Yan, 2025, "Monetary Policy Predicts Currency Movements," CEPR Discussion Papers, Centre for Economic Policy Research, number 19881, Jan.
• Atkeson, Andy & Heathcote, Jonathan & Perri, Fabrizio, 2025, "Reconciling Macroeconomics and Finance for the U.S. Corporate Sector: 1929 to Present," CEPR Discussion Papers, Centre for Economic Policy Research, number 19910, Feb.
• Bruneel, Christophe & Chapelle, Guillaume & Eymeoud, Jean Benoit & Wasmer, Etienne, 2025, "Housing Prices Propagation: A Theory of Spatial Interactions," CEPR Discussion Papers, Centre for Economic Policy Research, number 19956, Feb.
• D'Andrea, Angelo & Fabiani, Andrea & Piersanti, Fabio Massimo & Segura, Anatoli, 2025, "Inflation, Leverage and Stock Returns," CEPR Discussion Papers, Centre for Economic Policy Research, number 19966, Feb.
• D'Ercole, Francesco & Wagner, Alexander F. & Yamada, Kazuo, 2025, "Reputational Shocks and Capital Market Responses: The Tokyo Stock Exchange Capital Efficiency Initiative," CEPR Discussion Papers, Centre for Economic Policy Research, number 19971, Feb.
• Chernov, Mikhail & Kelly, Bryan & Malamud, Semyon & Schwab, Johannes, 2025, "A Test of the Efficiency of a Given Portfolio in High Dimensions," CEPR Discussion Papers, Centre for Economic Policy Research, number 19999, Mar.
• Hambel, Christoph & van der Ploeg, Frederick, 2025, "Policy Transition Risk, Carbon Premiums, and Asset Prices," CEPR Discussion Papers, Centre for Economic Policy Research, number 20005, Mar.
• Chen, Zhang-Hangjian & Derwall, Jeroen & Gao, Xiang & Koedijk, Kees, 2025, "Does Biodiversity Risk Matter to Capital Markets? New Evidence from China," CEPR Discussion Papers, Centre for Economic Policy Research, number 20066, Mar.
• Liao, Yuan & Ma, Xinjie & Neuhierl, Andreas & Schilling, Linda, 2025, "The Uncertainty of Machine Learning Predictions in Asset Pricing," CEPR Discussion Papers, Centre for Economic Policy Research, number 20080, Mar.
• Gabaix, Xavier & Koijen, Ralph & Richmond, Robert & Yogo, Motohiro, 2025, "Asset Embeddings," CEPR Discussion Papers, Centre for Economic Policy Research, number 20082, Mar.
• Ceccarelli, Marco & Ramelli, Stefano & Vasileva, Anna & Wagner, Alexander F., 2025, "Socially Responsible Investing in the Political Context," CEPR Discussion Papers, Centre for Economic Policy Research, number 20123, Apr.
• Adrian, Tobias & Fleming, Michael J. & Nikolaou, Kleopatra, 2025, "US Treasury Market Functioning from the GFC to the Pandemic," CEPR Discussion Papers, Centre for Economic Policy Research, number 20125, Apr.
• Piatti, Ilaria & Shapiro, Joel & Wang, Xuan, 2025, "Sustainable Investing and Public Goods Provision," CEPR Discussion Papers, Centre for Economic Policy Research, number 20133, Apr.
• Bahaj, Saleem & Czech, Robert & Ding, Sitong & Reis, Ricardo, 2025, "The Market for Inflation Risk," CEPR Discussion Papers, Centre for Economic Policy Research, number 20157, Apr.
• Hou, Ai Jun & Sarno, Lucio & Ye, Xiaoxia, 2025, "The Trade Imbalance Network and Currency Returns," CEPR Discussion Papers, Centre for Economic Policy Research, number 20163, Apr.
• Hendershott, Terrence & Li, Dan & Livdan, Dmitry & Schürhoff, Norman & Venkataraman, Kumar, 2025, "Quote Competition in Corporate Bonds," CEPR Discussion Papers, Centre for Economic Policy Research, number 20205, May.
• Massacci, Daniele & Sarno, Lucio & Trapani, Lorenzo, 2025, "Factor Models of Asset Returns and Bear Market Risk," CEPR Discussion Papers, Centre for Economic Policy Research, number 20294, May.
• Dick-Nielsen, Jens & Feldhütter, Peter & Lando, David, 2025, "The Financial Premium," CEPR Discussion Papers, Centre for Economic Policy Research, number 20307, May.
• Garel, Alexandre & Romec, Arthur & Sautner, Zacharias & Wagner, Alexander F., 2025, "Firm-Level Nature Dependence," CEPR Discussion Papers, Centre for Economic Policy Research, number 20384, Jun.
• Gjerde, Snorre & Sautner, Zacharias & Wagner, Alexander F. & Wegerich, Alexis, 2025, "Corporate Nature Risk Perceptions," CEPR Discussion Papers, Centre for Economic Policy Research, number 20385, Jun.
• Gormsen, Niels & Huber, Kilian & Oh, Sangmin S., 2025, "Climate Capitalists," CEPR Discussion Papers, Centre for Economic Policy Research, number 20406, Jul.
• Aldasoro, Inaki & Hördahl, Peter & Schrimpf, Andreas & Zhu, Sonya, 2025, "Predicting Financial Market Stress with Machine Learning," CEPR Discussion Papers, Centre for Economic Policy Research, number 20439, Jul.
• Guarino, Antonio & Jehiel, Philippe & Symons-Hicks, James, 2025, "Q-Learning and Algorithmic Market Making: Loss-free, Collusive, or Competitive Prices?," CEPR Discussion Papers, Centre for Economic Policy Research, number 20461, Jul.
• Crosignani, Matteo & Osambela, Emilio & Pritsker, Matt, 2025, "Understanding the Pricing of Carbon Emissions: New Evidence from the Stock Market," CEPR Discussion Papers, Centre for Economic Policy Research, number 20531, Aug.
• Guarino, Antonio & Wang, Gang & Yu, Yang, 2025, "Extrapolation and Rational Inattention: Evidence from Chinese Mutual Funds," CEPR Discussion Papers, Centre for Economic Policy Research, number 20533, Aug.
• Cho, Thummim & Grotteria, Marco & Kremens, Lukas & Kung, Howard, 2025, "The Present Value of Future Market Power," CEPR Discussion Papers, Centre for Economic Policy Research, number 20540, Aug.
• Barrios, John & Neuhierl, Andreas & Schilling, Linda, 2025, "Accounting Under Pressure: How Accounting Rules Shape Bond Prices and Firm Investment Post Crises," CEPR Discussion Papers, Centre for Economic Policy Research, number 20565, Aug.
• Li, Junye & Sarno, Lucio & Zinna, Gabriele, 2025, "Skewness Risk Premia and the Cross-Section of Currency Returns," CEPR Discussion Papers, Centre for Economic Policy Research, number 20587, Aug.
• Jiao, Peiran & Koedijk, Kees & Xu, Yilong, 2025, "Green Premium or Brown Discount? Evidence from Experimental Asset Markets," CEPR Discussion Papers, Centre for Economic Policy Research, number 20646, Sep.
• Ayalasomayajula, Madhushree & Jondeau, Eric, 2025, "The Dual Strategy of Exclusion and Engagement: Impact on Asset Prices and Green Transition," CEPR Discussion Papers, Centre for Economic Policy Research, number 20655, Sep.
• Corsetti, Giancarlo & Lloyd, Simon & Marin, Emile & Ostry, Daniel, 2025, "U.S. Risk and Treasury Convenience," CEPR Discussion Papers, Centre for Economic Policy Research, number 20657, Sep.
• Liu, Teng & Constantz, Brook & Hale, Galina & Beck, Michael, 2025, "Financial Value of Nature: Coastal Housing Markets, Mangroves, and Climate Resilience," CEPR Discussion Papers, Centre for Economic Policy Research, number 20684, Sep.
• Schmeling, Maik & Schrimpf, Andreas & Todorov, Karamfil, 2025, "Crypto Carry," CEPR Discussion Papers, Centre for Economic Policy Research, number 20719, Oct.
• Mavus Kutuk, Merve & van Wijnbergen, Sweder, 2025, "Carry Trade and Currency Crash Risk," CEPR Discussion Papers, Centre for Economic Policy Research, number 20745, Oct.
• Adrian, Tobias & Mosk, Benjamin & Wu, Jason, 2025, "The Future of AI in Capital Markets," CEPR Discussion Papers, Centre for Economic Policy Research, number 20748, Oct.
• Dao, Mai Chi & Gourinchas, Pierre-Olivier & Itskhoki, Oleg, 2025, "Breaking Parity: Equilibrium Exchange Rates and Currency Premia," CEPR Discussion Papers, Centre for Economic Policy Research, number 20792, Oct.
• Chambers, David & Dimson, Elroy & Ilmanen, Antti & Rintamäki, Paul, 2025, "Long-Run Asset Returns," CEPR Discussion Papers, Centre for Economic Policy Research, number 20800, Oct.
• Genc, Egemen & Moench, Emanuel & Pazarbasi, Altan, 2025, "Reaching for Beta," CEPR Discussion Papers, Centre for Economic Policy Research, number 20812, Nov.
• Panizza, Ugo & Shi, Shuyang & Weder di Mauro, Beatrice & Gulati, Mitu, 2025, "The Sovereign Greenium: Big Promise but Small Price Effect," CEPR Discussion Papers, Centre for Economic Policy Research, number 20817, Nov.
• Menkveld, Albert J., 2025, "Equilibrium VIX in Inelastic Markets," CEPR Discussion Papers, Centre for Economic Policy Research, number 20834, Nov.
• Feldhütter, Peter & Lundén, Felix Akilles, 2025, "Which Market Leads Price Discovery? New Conclusions from a New Test," CEPR Discussion Papers, Centre for Economic Policy Research, number 20898, Dec.
• Edmans, Alex, 2025, "The End of DEI," CEPR Discussion Papers, Centre for Economic Policy Research, number 20914, Dec.
• Dew-Becker, Ian & Giglio, Stefano & Molavi, Pooya, 2025, "Learning and the Emergence of Nonlinearity in Financial Markets," CEPR Discussion Papers, Centre for Economic Policy Research, number 20923, Dec.
• Dao, Mai Chi & Gourinchas, Pierre-Olivier, 2025, "Covered Interest Parity in Emerging Markets: Measurement and Drivers," CEPR Discussion Papers, Centre for Economic Policy Research, number 20927, Dec.
• Chari, Anusha & Dilts Stedman, Karlye & Lundblad, Christian, 2025, "Risk-On Risk-Off: A Multifaceted Approach to Measuring Global Investor Risk Aversion," CEPR Discussion Papers, Centre for Economic Policy Research, number 20932, Dec.
• Amalia Morales-Zumaquero & Simón Sosvilla-Rivero, 2025, "Transitory and permanent components of exchange rate volatility: Further evidence from causality tests," Revista de Economía y Finanzas (REyF), Asociación Cuadernos de Economía, volume 3, issue 7, pages 1-20, Enero.
• Xiaowen Wang, 2025, "Inattentive Capital Investment with Nonconvex Costs," Annals of Economics and Finance, Society for AEF, volume 26, issue 1, pages 389-413, May.
• Heping Xiong & Chao Tang & Jianhui Cao & Haitao Zhang, 2025, "A New Four-factor Model for the Chinese Stock Market," Annals of Economics and Finance, Society for AEF, volume 26, issue 2, pages 853-890, November.
• Bartram, Söhnke M. & Grinblatt, Mark & Nozawa, Yoshio, 2025, "Book-to-Market, Mispricing, and the Cross Section of Corporate Bond Returns," Journal of Financial and Quantitative Analysis, Cambridge University Press, volume 60, issue 3, pages 1185-1233, May.
• Ammer, John & Rogers, John & Wang, Gang & Yu, Yang, 2025, "Visible Hands: Professional Asset Managers’ Expectations and the Stock Market in China," Journal of Financial and Quantitative Analysis, Cambridge University Press, volume 60, issue 5, pages 2469-2499, August.
• Kubitza, Christian, 2025, "Tackling the Volatility Paradox: Spillover Persistence and Systemic Risk," Journal of Financial and Quantitative Analysis, Cambridge University Press, volume 60, issue 6, pages 2997-3023, September.
• Ana Paula MARTINS, 2025, "Multivariate risk exposure: Risk-premium, optimal decisions and mean-variance implications," Journal of Economics and Political Economy, EconSciences Journals, volume 12, issue 1, pages 1-39, March.
• Alexandre Dmitriev & Qiaoxian He, 2025, "The Role of Composite Habits in Asset Prices and Business Cycles: A Bayesian Approach," Working Papers, University of Auckland, Economic Policy Center (EPC), number 024, Oct.
• Raphaelle G. Coulombe & James McNeil, 2025, "The term structure of interest rates in a noisy information model," Working Papers, Dalhousie University, Department of Economics, number daleconwp2025-01, Jul.
• Alexander Kriwoluzky & Christoph Schneider, 2025, "Bitcoin Is Not the New Gold," DIW Weekly Report, DIW Berlin, German Institute for Economic Research, volume 15, issue 9, pages 55-60.
• Alexander Kriwoluzky & Christoph Schneider, 2025, "Bitcoin ist nicht das neue Gold," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, volume 92, issue 9, pages 119-124.
• Daniel Dimitrov, 2025, "Untangling Illiquidity: Optimal Asset Allocation with Private Asset Classes," Working Papers, DNB, number 827, Jan.
• Dylan Dunlop-Barrett, 2025, "Toward Paris-Aligned Sovereign Investment Portfolios: Utilizing Implied Temperature Rise as a Measure of Alignment," Working Papers, DNB, number 833, May.
• Dorinth van Dijk & Marc Francke & Yumei Wang, 2025, "The Dynamic Relationship between Delinquency Rates, Funding and Market Liquidity and Asset Prices in Private Commercial Real Estate Markets," Working Papers, DNB, number 835, May.
• Coqueret, Guillaume & Pérignon, Christophe, 2025, "Persistent Anomalies and Nonstandard Errors," HEC Research Papers Series, HEC Paris, number 1578, Jun, DOI: 10.2139/ssrn.5276723.
• Stolowy, Hervé & Zhao, Wuyang & Paugam, Luc & Madelaine, Alexandre, 2025, "Investors' Quantitative Disclosure: Target Prices by Short Sellers," HEC Research Papers Series, HEC Paris, number 1595, Nov, DOI: 10.2139/ssrn.5737798.
• Biais, Bruno & Mariotti, Thomas & Moinas, Sophie & Pouget, Sebastien, 2025, "Asset Pricing and Risk Sharing in Complete Markets: An Experimental Investigation," HEC Research Papers Series, HEC Paris, number 1598, Nov, revised 08 Dec 2025, DOI: 10.2139/ssrn.5746849.
• Derrien, François & Hadjigavriel, Stavriana & Martin-Flores, Jose M. & Romec, Arthur, 2025, "Political Conflict and Corporate Policies: Evidence from the Basque Country," HEC Research Papers Series, HEC Paris, number 1600, Dec, revised 18 Dec 2025, DOI: 10.2139/ssrn.5838642.
• Biais, Bruno & Mariotti, Thomas & Pouget , Sebastien & Pouget, Sebastien, 2025, "Asset Pricing and Risk Sharing in Complete Markets: An Experimental Investigation1," HEC Research Papers Series, HEC Paris, number 1620, Nov, revised 10 Mar 2026, DOI: 10.2139/ssrn.6388957.
• Domenech Palacios, Mar & Jančoková, Martina, 2025, "Challenges to the resilience of US corporate bond spreads," Economic Bulletin Boxes, European Central Bank, volume 3.
• Klass, Cajsa & Manu, Ana-Simona, 2025, "US financial conditions and their link to economic activity: the role of equity valuations," Economic Bulletin Boxes, European Central Bank, volume 4.
• Grothe, Magdalena & Manu, Ana-Simona & Tomov, Toma, 2025, "What’s behind the resilience of US equity prices – market structure, earnings expectations or equity risk premia?," Economic Bulletin Boxes, European Central Bank, volume 8.
• Broeders, Dirk & Dimitrov, Daniel & Verhoeven, Niek, 2025, "Climate-linked bonds," Working Paper Series, European Central Bank, number 3011, Jan.
• Andreeva, Desislava & Samarina, Anna & Faria, Lara Sousa, 2025, "Leverage actually: the impact on banks’ borrowing costs in euro area money markets," Working Paper Series, European Central Bank, number 3016, Feb.
• Fontana, Adele & Jarmulska, Barbara & Schwarz, Claudia & Scheid, Benedikt & Scheins, Christopher, 2025, "From flood to fire: is physical climate risk taken into account in banks’ residential mortgage rates?," Working Paper Series, European Central Bank, number 3036, Mar.
• Buchetti, Bruno & Bouteska, Ahmed & Harasheh, Murad & Santoni, Alessandro, 2025, "Investor sentiment and dynamic connectedness in European markets: insights from the covid-19 and Russia-Ukraine conflict," Working Paper Series, European Central Bank, number 3050, Apr.
• Hermes, Felix & Schmeling, Maik & Schrimpf, Andreas, 2025, "The international dimension of repo: five new facts," Working Paper Series, European Central Bank, number 3065, Jun.
• d'Avernas, Adrien & Vandeweyer, Quentin & Petersen, Damon, 2025, "The central bank’s balance sheet and treasury market disruptions," Working Paper Series, European Central Bank, number 3066, Jul.
• Ferrari Minesso, Massimo & Van Robays, Ine & Cassinis, Maria Giulia, 2025, "Supply shocks and inflation: timely insights from financial markets," Working Paper Series, European Central Bank, number 3096, Aug.
• Bonk, Alica Ida & Larkou, Chloe, 2025, "The macroeconomic impact of trade policy: a new identification approach," Working Paper Series, European Central Bank, number 3102, Aug.
• Domenech Palacios, Mar, 2025, "Firms’ risk and monetary transmission: revisiting the excess bond premium," Working Paper Series, European Central Bank, number 3118, Sep.
• Brand, Claus & Goy, Gavin & Lemke, Wolfgang, 2025, "Estimating the natural rate of interest in a macro-finance yield curve model," Working Paper Series, European Central Bank, number 3160, Dec.
• Hui, Xitong, 2025, "Asset prices, wealth inequality, and welfare: safe assets as a solution," Working Paper Series, European Central Bank, number 3162, Dec.
• Davis, Carter & Knupfer, Samuli & Kvaerner, Jens Soerlie & Dogan, Bahar Sen & Vokata, Petra, 2025, "Do Households Matter for Asset Prices?," Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics, number 2024-23, Mar.
• Kim, Jeong-Bon & Kim, Junwoo & Lee, Jay Junghun, 2025, "Earnings versus cash flows in equity valuation: Evidence from the COVID-19 crisis," Advances in accounting, Elsevier, volume 69, issue C, DOI: 10.1016/j.adiac.2025.100837.
• Choi, Sun-Yong & Kim, Jeong-Hoon, 2025, "A unified model of SABR and mean-reverting stochastic volatility for derivative pricing," Applied Mathematics and Computation, Elsevier, volume 507, issue C, DOI: 10.1016/j.amc.2025.129599.
• Dato, Prudence & Dioha, Michael & Hessou, Hélyoth & Houenou, Boris & Mukhaya, Brian & Okyere, Michael Adu & Odarno, Lily, 2025, "Computation of weighted average cost of capital (WACC) in the power sector for African countries and the implications for country-specific electricity technology cost," Applied Energy, Elsevier, volume 397, issue C, DOI: 10.1016/j.apenergy.2025.126333.
• Chen, Shaoling & Wu, Jun & Liang, Weijuan & Yang, Haisheng, 2025, "News shock, limited institutional attention and stock market response: Evidence from China," Journal of Asian Economics, Elsevier, volume 100, issue C, DOI: 10.1016/j.asieco.2025.101993.
• TRIPATHI, Nitya Nand & TIWARI, Aviral Kumar & LEE, Chi-Chuan, 2025, "Crude oil price shocks and idiosyncratic risk: Implications for business groups," Journal of Asian Economics, Elsevier, volume 100, issue C, DOI: 10.1016/j.asieco.2025.102007.
• Antico, Andrea & Bottazzi, Giulio & Giachini, Daniele, 2025, "Pricing anomalies in a general equilibrium model with biased learning," Journal of Behavioral and Experimental Finance, Elsevier, volume 45, issue C, DOI: 10.1016/j.jbef.2025.101027.
• Dumrongwong, Konpanas & Papangkorn, Suwongrat, 2025, "Happiness and IPO performance," Journal of Behavioral and Experimental Finance, Elsevier, volume 46, issue C, DOI: 10.1016/j.jbef.2025.101044.
• Chang, Liang & Liang, Xiaojun & Tan, Na, 2025, "Tossed by the tides of emotion: The impact of online media sentiment on stock returns," Journal of Behavioral and Experimental Finance, Elsevier, volume 46, issue C, DOI: 10.1016/j.jbef.2025.101045.
• Deng, Chao & Chen, Keyuan & Yu, Li & He, Yinxi & Hong, Yun & Jiang, Yanhui, 2025, "The asymmetric relationship between state media tone and the Chinese bond market during COVID-19: Evidence from a nonlinear ARDL model," Journal of Behavioral and Experimental Finance, Elsevier, volume 46, issue C, DOI: 10.1016/j.jbef.2025.101048.
• Yahyaei, Hamid & Singh, Abhay & Smith, Tom, 2025, "How does the smart money feel? Hedge fund sentiment, returns, and the business cycle," Journal of Behavioral and Experimental Finance, Elsevier, volume 47, issue C, DOI: 10.1016/j.jbef.2025.101082.
• Davis, Douglas & Korenok, Oleg & Lightle, John, 2025, "The effects of public disclosures and information acquisition on price informativeness in a multi-attribute asset market," Journal of Behavioral and Experimental Finance, Elsevier, volume 47, issue C, DOI: 10.1016/j.jbef.2025.101084.
• Yang, Liu & Lee, Eunmi Tatum, 2025, "Why does good news increase stock price crash risk: An explanation based on the gambling channel," Journal of Behavioral and Experimental Finance, Elsevier, volume 47, issue C, DOI: 10.1016/j.jbef.2025.101089.
• Liu, Jie & Zhang, Jingru & Chen, Zhenshan, 2025, "The effect of stock market manipulation on investor behavioral bias," Journal of Behavioral and Experimental Finance, Elsevier, volume 47, issue C, DOI: 10.1016/j.jbef.2025.101090.
• Popova, Ivilina & Liu, Yifan & Yi, Ha-Chin, 2025, "Anchoring on safe haven: Russia–Ukraine war effects on the cryptocurrency market," Journal of Behavioral and Experimental Finance, Elsevier, volume 48, issue C, DOI: 10.1016/j.jbef.2025.101122.
• Rezaee, Zabihollah & Homayoun, Saeid, 2025, "Reprint of: Key audit matters disclosures and informed traders," The British Accounting Review, Elsevier, volume 57, issue 1, DOI: 10.1016/j.bar.2025.101554.
• Lee, Sang Mook & Park, Jong Chool & Song, Hakjoon, 2025, "Reprint of: The capital market consequence of sustained abnormal Audit fees: Evidence from stock price crash risk," The British Accounting Review, Elsevier, volume 57, issue 1, DOI: 10.1016/j.bar.2025.101555.
• Chen, Wei & Dai, Lili & Fang, Xiaohua & Zhang, Wenjun, 2025, "Labor protection and stock price crash risk: Evidence from international equity markets," The British Accounting Review, Elsevier, volume 57, issue 3, DOI: 10.1016/j.bar.2023.101274.
• Foley, Sean & Hu, Xiaolu & Huang, Haozhi & Li, Jiang, 2025, "Should underwriters be trusted? Reducing agency costs through primary market supervision," The British Accounting Review, Elsevier, volume 57, issue 3, DOI: 10.1016/j.bar.2024.101510.
• Cumming, Douglas & Nguyen, My, 2025, "The impact of asset specificity on corporate tax avoidance: Do financial constraints and product market power matter?," The British Accounting Review, Elsevier, volume 57, issue 3, DOI: 10.1016/j.bar.2024.101515.
• Ghitti, Marco & Gianfrate, Gianfranco & Lopez-de-Silanes, Florencio & Spinelli, Marco, 2025, "What’s in a shade? The market relevance of green bonds’ external reviews," The British Accounting Review, Elsevier, volume 57, issue 5, DOI: 10.1016/j.bar.2023.101271.
• He, Guanming & Li, Zhichao & Yu, Ling & Zhou, Zhanqiang, 2025, "Does commercial reform embracing digital technologies mitigate stock price crash risk?," Journal of Corporate Finance, Elsevier, volume 91, issue C, DOI: 10.1016/j.jcorpfin.2025.102741.
• Grossmann, Axel & Ngo, Thanh, 2025, "The stock market reaction to bond refinancing issues with and without senior debt," Journal of Corporate Finance, Elsevier, volume 91, issue C, DOI: 10.1016/j.jcorpfin.2025.102746.
• Hearn, Bruce & Filatotchev, Igor & Goergen, Marc, 2025, "Dispersed ownership and asset pricing: An unpriced premium associated with free float," Journal of Corporate Finance, Elsevier, volume 92, issue C, DOI: 10.1016/j.jcorpfin.2025.102763.
• Cheng, Zhuo & Fang, Jing, 2025, "Financial distress and return: A finite mixture approach," Journal of Corporate Finance, Elsevier, volume 92, issue C, DOI: 10.1016/j.jcorpfin.2025.102779.
• Alves, Rómulo & Krüger, Philipp & van Dijk, Mathijs, 2025, "Drawing up the bill: Are ESG ratings related to stock returns around the world?," Journal of Corporate Finance, Elsevier, volume 93, issue C, DOI: 10.1016/j.jcorpfin.2025.102768.
• Schwenkler, G. & Zheng, H., 2025, "News-driven peer co-movement in crypto markets," Journal of Corporate Finance, Elsevier, volume 93, issue C, DOI: 10.1016/j.jcorpfin.2025.102772.
• Andreou, Panayiotis C. & Lambertides, Neophytos & Trigeorgis, Lenos & Tuneshev, Ruslan, 2025, "Customer orientation and stock resilience during adversity periods," Journal of Corporate Finance, Elsevier, volume 93, issue C, DOI: 10.1016/j.jcorpfin.2025.102780.
• Duong, Truong & Pi, Shaoting & Sapp, Travis R.A., 2025, "Betting on my enemy: Insider trading ahead of hedge fund 13D filings," Journal of Corporate Finance, Elsevier, volume 93, issue C, DOI: 10.1016/j.jcorpfin.2025.102794.
• Dong, Dayong & Jiang, Danling & Peng, Yuelin & Shen, Longmin & Zhu, Hongquan, 2025, "Intercity mentioning: Stock posts, city network, and firms," Journal of Corporate Finance, Elsevier, volume 93, issue C, DOI: 10.1016/j.jcorpfin.2025.102803.
• Khoo, Shee-Yee & Klein, Paul-Olivier, 2025, "Islamic bonds ratings and the price of risk," Journal of Corporate Finance, Elsevier, volume 93, issue C, DOI: 10.1016/j.jcorpfin.2025.102807.
• Campbell, John L. & Zheng, Xin & Zhou, Dexin, 2025, "Number of numbers: Does a greater proportion of quantitative textual disclosure reduce information risk?," Journal of Corporate Finance, Elsevier, volume 94, issue C, DOI: 10.1016/j.jcorpfin.2025.102813.
• Imerman, Michael B. & Ye, Xiaoxia & Zhao, Ran, 2025, "Voluntary disclosures and climate change uncertainty: Evidence from CDS premiums," Journal of Corporate Finance, Elsevier, volume 94, issue C, DOI: 10.1016/j.jcorpfin.2025.102831.
• John, Kose & Li, Jingrui, 2025, "Bitcoin price volatility: Effects of retail traders, illegal users, and sentiment," Journal of Corporate Finance, Elsevier, volume 94, issue C, DOI: 10.1016/j.jcorpfin.2025.102837.
• Cheng, Peter & Li, Lin & Tong, Wilson H.S. & Tsai, Chingfu, 2025, "The intangible shift: Redefining the dynamics of market-to-book ratios," Journal of Corporate Finance, Elsevier, volume 94, issue C, DOI: 10.1016/j.jcorpfin.2025.102850.
• Gholami, Amir & Elnahas, Ahmed, 2025, "The dark side of CEO inside debt: Evidence from stock price crash risk," Journal of Corporate Finance, Elsevier, volume 94, issue C, DOI: 10.1016/j.jcorpfin.2025.102860.
• Guo, Jiaqi & Han, Xing & Li, Kai & Li, Youwei, 2025, "The nexus of overnight trend and asset prices in China," Journal of Economic Dynamics and Control, Elsevier, volume 170, issue C, DOI: 10.1016/j.jedc.2024.104997.
• Draganac, Dragana & Lu, Kelin, 2025, "Pricing asset beyond financial fundamentals: The impact of prosocial preference and image concerns," Journal of Economic Dynamics and Control, Elsevier, volume 170, issue C, DOI: 10.1016/j.jedc.2024.105004.
• Peeters, Ronald & Veiga, Helena & Vorsatz, Marc, 2025, "An experimental analysis of contagion in financial markets," Journal of Economic Dynamics and Control, Elsevier, volume 171, issue C, DOI: 10.1016/j.jedc.2024.105033.
• Zhou, Ge, 2025, "Liquidity allocation and endogenous aggregate risks," Journal of Economic Dynamics and Control, Elsevier, volume 173, issue C, DOI: 10.1016/j.jedc.2025.105048.
• Di Francesco, Tommaso & Hommes, Cars, 2025, "Sentiment-driven speculation in financial markets with heterogeneous beliefs: A machine learning approach," Journal of Economic Dynamics and Control, Elsevier, volume 175, issue C, DOI: 10.1016/j.jedc.2025.105092.
• Frijns, Bart & Huynh, Thanh & Zwinkels, Remco C.J., 2025, "Expectation formation in financial markets: Heterogeneity and sentiment," Journal of Economic Dynamics and Control, Elsevier, volume 177, issue C, DOI: 10.1016/j.jedc.2025.105133.
• Galindo Gil, Hamilton, 2025, "The role of external habits and preference heterogeneity in the equity term structure," Journal of Economic Dynamics and Control, Elsevier, volume 178, issue C, DOI: 10.1016/j.jedc.2025.105157.
• Zhao, Zhiming & Chen, Wenjie & Luo, Pengfei, 2025, "Investment, capital structure and agency costs with write-down equity," Journal of Economic Dynamics and Control, Elsevier, volume 178, issue C, DOI: 10.1016/j.jedc.2025.105159.