Research classified by Journal of Economic Literature (JEL) codes

2008

• Sadık ÇUKUR & Mehmet ERYİĞİT & Seda DURAN, 2008, "Sendikasyon ve seküritizasyon kredileri anlaşmalarının borçlanan bankaların hisse fiyatlarına etkileri," Iktisat Isletme ve Finans, Bilgesel Yayincilik, volume 23, issue 264, pages 58-78.
• Alper ÖZÜN & Mehmet TÜRK, 2008, "Döviz kurlarının öngörüsünde stokastik oynaklık modelleri," Iktisat Isletme ve Finans, Bilgesel Yayincilik, volume 23, issue 265, pages 50-67.
• Emin AVCI & Murat ÇİNKO, 2008, "Endeks getirilerinin yapay sinir agları modelleri ile tahmin edilmesi: Gelismekte olan Avrupa borsaları uygulaması," Iktisat Isletme ve Finans, Bilgesel Yayincilik, volume 23, issue 266, pages 114-137.
• Sezgin DEMİR & Yusuf KADERLİ, 2008, "Ödül beta yaklasımının Istanbul Menkul Kıymetler Borsası’nda uygulanması," Iktisat Isletme ve Finans, Bilgesel Yayincilik, volume 23, issue 266, pages 95-113.
• Ali ALP & Zafer SAYAR, 2008, "Son düzenleme ve gelişmeler kapsamında bağımsız denetim ve muhasebe-denetim mesleğinin rolü: Sermaye piyasaları açısından bir değerlendirme," Iktisat Isletme ve Finans, Bilgesel Yayincilik, volume 23, issue 267, pages 70-88.
• John Krainer & Jose A. Lopez, 2008, "Using Securities Market Information for Bank Supervisory Monitoring," International Journal of Central Banking, International Journal of Central Banking, volume 4, issue 1, pages 125-164, March.
• Carlo Rosa & Giovanni Verga, 2008, "The Impact of Central Bank Announcements on Asset Prices in Real Time," International Journal of Central Banking, International Journal of Central Banking, volume 4, issue 2, pages 175-217, June.
• Richhild Moessner & William R. Nelson, 2008, "Central Bank Policy Rate Guidance and Financial Market Functioning," International Journal of Central Banking, International Journal of Central Banking, volume 4, issue 4, pages 193-226, December.
• Marco Cipriani & Antonio Guarino, 2008, "Herd Behavior in Financial Markets: An Experiment with Financial Market Professionals," IMF Working Papers, International Monetary Fund, number 2008/141, Jun.
• Michael Kirchler, 2008, "It is hard to beat the Monkeys - On the Value of Asymmetric Fundamental Information in Asset Markets," Working Papers, Faculty of Economics and Statistics, Universität Innsbruck, number 2008-19.
• Maria Rosa Borges, 2008, "Efficient Market Hypothesis in European Stock Markets," Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa, number 2008/20, Apr.
• Egon Franck & Erwin Verbeek & Stephan Nuesch, 2008, "Sentimental Preferences and the Organizational Regime of Betting Markets," Working Papers, University of Zurich, Institute for Strategy and Business Economics (ISU), number 0089, revised 2010.
• Borenstein, Severin & Bushnell, James & Knittel, Chris & Wolfram, Catherine, 2008, "Inefficiencies and Market Power in Financial Arbitrage: A Study of California's Electricity Markets," Staff General Research Papers Archive, Iowa State University, Department of Economics, number 13133, Jun.
• Marco Trombetta & Francisco Bravo Urquiza & María Cristina Abad Navarro, 2008, "Determinantes de la divulgación de información previsional en España: un análisis de las empresas del ibex 35," Working Papers. Serie EC, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie), number 2008-10, Jul.
• Chih-Jen Huang, 2008, "The Interactive Effect between Earnings and Dividend Announcements: Complement or Substitute?," Journal of Economics and Management, College of Business, Feng Chia University, Taiwan, volume 4, issue 2, pages 163-180, July.
• Shih-Ju Chan & Ching-Chung Lin & Wen-Hsiu Kuo, 2008, "The Policy Effects of Lifting the Short-Sale Price Restriction on Stock Price Behaviors," Journal of Economics and Management, College of Business, Feng Chia University, Taiwan, volume 4, issue 2, pages 203-228, July.
• Chun-Da Chen & Fu-Pin Hung & Dar-Hsin Chen & Hsin-Ho Lin, 2008, "The Motivations of Issuing Convertible Bonds - An Inquiry regarding the Sequential-Financing Hypothesis," Journal of Economics and Management, College of Business, Feng Chia University, Taiwan, volume 4, issue 2, pages 229-250, July.
• Tobias Brünner & Rene Levinsky, 2008, "Do prices in the unmediated call auction reflect insider information? - An experimental analysis," Jena Economics Research Papers, Friedrich-Schiller-University Jena, number 2008-090, Dec.
• Wei Sun & Svetlozar Rachev & Frank Fabozzi & Petko Kalev, 2008, "Fractals in trade duration: capturing long-range dependence and heavy tailedness in modeling trade duration," Annals of Finance, Springer, volume 4, issue 2, pages 217-241, March, DOI: 10.1007/s10436-007-0078-y.
• Constantinos Kardaras, 2008, "Balance, growth and diversity of financial markets," Annals of Finance, Springer, volume 4, issue 3, pages 369-397, July, DOI: 10.1007/s10436-007-0083-1.
• Ronald Doeswijk, 2008, "The Optimism Cycle: Sell in May," De Economist, Springer, volume 156, issue 2, pages 175-200, June, DOI: 10.1007/s10645-008-9088-z.
• Per-Olof Bjuggren & Daniel Wiberg, 2008, "Industry specific effects in investment performance and valuation of firms," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, volume 35, issue 3, pages 279-291, July, DOI: 10.1007/s10663-008-9064-5.
• Glen Larsen & Bruce Resnick, 2008, "Return enhancement trading strategies for size based portfolios," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, volume 22, issue 1, pages 21-45, March, DOI: 10.1007/s11408-007-0069-z.
• Dieter Hess & He Huang & Alexandra Niessen, 2008, "How do commodity futures respond to macroeconomic news?," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, volume 22, issue 2, pages 127-146, June, DOI: 10.1007/s11408-008-0074-x.
• François-Éric Racicot & Raymond Théoret & Alain Coën, 2008, "Forecasting Irregularly Spaced UHF Financial Data: Realized Volatility vs UHF-GARCH Models," International Advances in Economic Research, Springer;International Atlantic Economic Society, volume 14, issue 1, pages 112-124, February, DOI: 10.1007/s11294-008-9134-2.
• Hoje Jo & Yongtae Kim, 2008, "Ethics and Disclosure: A Study of the Financial Performance of Firms in the Seasoned Equity Offerings Market," Journal of Business Ethics, Springer, volume 80, issue 4, pages 855-878, July, DOI: 10.1007/s10551-007-9473-6.
• Shinhua Liu, 2008, "Index Futures and Predictability of the Underlying Stocks’ Returns: The Case of the Nikkei 225," Journal of Financial Services Research, Springer;Western Finance Association, volume 34, issue 1, pages 77-91, August, DOI: 10.1007/s10693-008-0034-7.
• João Duque & Inês Pinto, 2008, "Regulatory disclosure via the internet: does it make financial markets more efficient?," Journal of Regulatory Economics, Springer, volume 33, issue 1, pages 5-19, February, DOI: 10.1007/s11149-007-9043-y.
• Mahmud Hossain, 2008, "Change in value relevance of quarterly foreign sales data of U.S. multinational corporations after adopting SFAS 131," Review of Quantitative Finance and Accounting, Springer, volume 30, issue 1, pages 1-23, January, DOI: 10.1007/s11156-007-0040-0.
• Rani Hoitash & Murugappa (Murgie) Krishnan, 2008, "Herding, momentum and investor over-reaction," Review of Quantitative Finance and Accounting, Springer, volume 30, issue 1, pages 25-47, January, DOI: 10.1007/s11156-007-0042-y.
• Mark Cassano & Bing Han, 2008, "Option volume, strike distribution, and foreign exchange rate movements," Review of Quantitative Finance and Accounting, Springer, volume 30, issue 1, pages 49-67, January, DOI: 10.1007/s11156-007-0041-z.
• Terrence Martell & Gwendolyn Webb, 2008, "The performance of stocks that are reverse split," Review of Quantitative Finance and Accounting, Springer, volume 30, issue 3, pages 253-279, April, DOI: 10.1007/s11156-007-0052-9.
• John Becker-Blease & Afshad Irani, 2008, "Do corporate governance attributes affect adverse selection costs? Evidence from seasoned equity offerings," Review of Quantitative Finance and Accounting, Springer, volume 30, issue 3, pages 281-296, April, DOI: 10.1007/s11156-007-0051-x.
• Malay Dey & Hossein Kazemi, 2008, "Bid ask spread in a competitive market with institutions and order size," Review of Quantitative Finance and Accounting, Springer, volume 30, issue 4, pages 433-453, May, DOI: 10.1007/s11156-007-0056-5.
• Ben Marshall & Martin Young & Rochester Cahan, 2008, "Are candlestick technical trading strategies profitable in the Japanese equity market?," Review of Quantitative Finance and Accounting, Springer, volume 31, issue 2, pages 191-207, August, DOI: 10.1007/s11156-007-0068-1.
• Hoje Jo & Yongtae Kim & Myung Park, 2008, "The impact of surprise offer-share adjustments on offer-day returns: evidence from seasoned equity offers," Review of Quantitative Finance and Accounting, Springer, volume 31, issue 3, pages 261-286, October, DOI: 10.1007/s11156-007-0071-6.
• Ruey Tsay & Yi-Mien Lin & Hsiao-Wen Wang, 2008, "Residual income, value-relevant information and equity valuation: a simultaneous equations approach," Review of Quantitative Finance and Accounting, Springer, volume 31, issue 4, pages 331-358, November, DOI: 10.1007/s11156-007-0081-4.
• Vinay Datar & Raymond So & Yiuman Tse, 2008, "Liquidity commonality and spillover in the US and Japanese markets: an intraday analysis using exchange-traded funds," Review of Quantitative Finance and Accounting, Springer, volume 31, issue 4, pages 379-393, November, DOI: 10.1007/s11156-008-0084-9.
• Koustas, Zisimos & Lamarche, Jean-François & Serletis, Apostolos, 2008, "Threshold random walks in the US stock market," Chaos, Solitons & Fractals, Elsevier, volume 37, issue 1, pages 43-48, DOI: 10.1016/j.chaos.2006.11.024.
• Martynova, Marina & Renneboog, Luc, 2008, "Spillover of corporate governance standards in cross-border mergers and acquisitions," Journal of Corporate Finance, Elsevier, volume 14, issue 3, pages 200-223, June.
• Benveniste, Lawrence M. & Fu, Huijing & Seguin, Paul J. & Yu, Xiaoyun, 2008, "On the anticipation of IPO underpricing: Evidence from equity carve-outs," Journal of Corporate Finance, Elsevier, volume 14, issue 5, pages 614-629, December.
• Quoreshi, A.M.M. Shahiduzzaman, 2008, "A vector integer-valued moving average model for high frequency financial count data," Economics Letters, Elsevier, volume 101, issue 3, pages 258-261, December.
• Marmer, Vadim, 2008, "Nonlinearity, nonstationarity, and spurious forecasts," Journal of Econometrics, Elsevier, volume 142, issue 1, pages 1-27, January.
• Bollerslev, Tim & Law, Tzuo Hann & Tauchen, George, 2008, "Risk, jumps, and diversification," Journal of Econometrics, Elsevier, volume 144, issue 1, pages 234-256, May.
• Ammann, Manuel & Kind, Axel & Wilde, Christian, 2008, "Simulation-based pricing of convertible bonds," Journal of Empirical Finance, Elsevier, volume 15, issue 2, pages 310-331, March.
• Menkhoff, Lukas & Rebitzky, Rafael R., 2008, "Investor sentiment in the US-dollar: Longer-term, non-linear orientation on PPP," Journal of Empirical Finance, Elsevier, volume 15, issue 3, pages 455-467, June.
• Waldenström, Daniel & Frey, Bruno S., 2008, "Did nordic countries recognize the gathering storm of World War II? Evidence from the bond markets," Explorations in Economic History, Elsevier, volume 45, issue 2, pages 107-126, April.
• Aggarwal, Raj & Zhao, Xinlei, 2008, "Significant issuance date returns in seasoned equity offerings: An options-based resolution of a puzzle," International Review of Financial Analysis, Elsevier, volume 17, issue 5, pages 793-804, December.
• Berger, David W. & Chaboud, Alain P. & Chernenko, Sergey V. & Howorka, Edward & Wright, Jonathan H., 2008, "Order flow and exchange rate dynamics in electronic brokerage system data," Journal of International Economics, Elsevier, volume 75, issue 1, pages 93-109, May.
• Akram, Q. Farooq & Rime, Dagfinn & Sarno, Lucio, 2008, "Arbitrage in the foreign exchange market: Turning on the microscope," Journal of International Economics, Elsevier, volume 76, issue 2, pages 237-253, December.
• Li, Xiafei & Miffre, Joëlle & Brooks, Chris & O'Sullivan, Niall, 2008, "Momentum profits and time-varying unsystematic risk," Journal of Banking & Finance, Elsevier, volume 32, issue 4, pages 541-558, April.
• Huij, Joop & Derwall, Jeroen, 2008, ""Hot Hands" in bond funds," Journal of Banking & Finance, Elsevier, volume 32, issue 4, pages 559-572, April.
• Fatum, Rasmus & Scholnick, Barry, 2008, "Monetary policy news and exchange rate responses: Do only surprises matter?," Journal of Banking & Finance, Elsevier, volume 32, issue 6, pages 1076-1086, June.
• Cole, Rebel A. & Moshirian, Fariborz & Wu, Qiongbing, 2008, "Bank stock returns and economic growth," Journal of Banking & Finance, Elsevier, volume 32, issue 6, pages 995-1007, June.
• Bialkowski, Jedrzej & Gottschalk, Katrin & Wisniewski, Tomasz Piotr, 2008, "Stock market volatility around national elections," Journal of Banking & Finance, Elsevier, volume 32, issue 9, pages 1941-1953, September.
• Beckmann, Daniela & Menkhoff, Lukas & Suto, Megumi, 2008, "Does culture influence asset managers' views and behavior?," Journal of Economic Behavior & Organization, Elsevier, volume 67, issue 3-4, pages 624-643, September.
• de Carvalho, Antonio Gledson & Calomiris, Charles W. & de Matos, João Amaro, 2008, "Venture capital as human resource management," Journal of Economics and Business, Elsevier, volume 60, issue 3, pages 223-255.
• Mailath, George J. & Nöldeke, Georg, 2008, "Does competitive pricing cause market breakdown under extreme adverse selection?," Journal of Economic Theory, Elsevier, volume 140, issue 1, pages 97-125, May.
• Foucault, Thierry & Gehrig, Thomas, 2008, "Stock price informativeness, cross-listings, and investment decisions," Journal of Financial Economics, Elsevier, volume 88, issue 1, pages 146-168, April.
• Frazzini, Andrea & Lamont, Owen A., 2008, "Dumb money: Mutual fund flows and the cross-section of stock returns," Journal of Financial Economics, Elsevier, volume 88, issue 2, pages 299-322, May.
• Bae, Kee-Hong & Stulz, René M. & Tan, Hongping, 2008, "Do local analysts know more? A cross-country study of the performance of local analysts and foreign analysts," Journal of Financial Economics, Elsevier, volume 88, issue 3, pages 581-606, June.
• Malmendier, Ulrike & Tate, Geoffrey, 2008, "Who makes acquisitions? CEO overconfidence and the market's reaction," Journal of Financial Economics, Elsevier, volume 89, issue 1, pages 20-43, July.
• Hong, Harrison & Scheinkman, José & Xiong, Wei, 2008, "Advisors and asset prices: A model of the origins of bubbles," Journal of Financial Economics, Elsevier, volume 89, issue 2, pages 268-287, August.
• Fatum, Rasmus, 2008, "Daily effects of foreign exchange intervention: Evidence from official Bank of Canada data," Journal of International Money and Finance, Elsevier, volume 27, issue 3, pages 438-454, April.
• Trabelsi, Samir & Labelle, Réal & Dumontier, Pascal, 2008, "Incremental Voluntary Disclosure on Corporate Websites, Determinants and Consequences," Journal of Contemporary Accounting and Economics, Elsevier, volume 4, issue 2, pages 120-155, DOI: 10.1016/S1815-5669(10)70032-1.
• Narayan, Paresh Kumar, 2008, "Do shocks to G7 stock prices have a permanent effect?," Mathematics and Computers in Simulation (MATCOM), Elsevier, volume 77, issue 4, pages 369-373, DOI: 10.1016/j.matcom.2007.03.003.
• Li, Ming-Yuan Leon, 2008, "Clarifying the dynamics of the relationship between option and stock markets using the threshold vector error correction model," Mathematics and Computers in Simulation (MATCOM), Elsevier, volume 79, issue 3, pages 511-520, DOI: 10.1016/j.matcom.2008.02.023.
• Capelle-Blancard, Gunther & Couderc, Nicolas, 2008, "What drives the market value of firms in the defense industry," Review of Financial Economics, Elsevier, volume 17, issue 1, pages 14-32.
• Asma Mobarek & A. Sabur Mollah & Rafiqul Bhuyan, 2008, "Market Efficiency in Emerging Stock Market," Journal of Emerging Market Finance, Institute for Financial Management and Research, volume 7, issue 1, pages 17-41, January, DOI: 10.1177/097265270700700102.
• Philippe Dupuy, 2008, "Imperfect Information and Contagion in Capital Markets," Journal of Emerging Market Finance, Institute for Financial Management and Research, volume 7, issue 2, pages 103-140, August, DOI: 10.1177/097265270800700201.
• Guneratne B Wickremasinghe & Jae H Kim, 2008, "Weak-Form Efficiency of Foreign Exchange Markets of Developing Economies," Journal of Emerging Market Finance, Institute for Financial Management and Research, volume 7, issue 2, pages 169-196, August, DOI: 10.1177/097265270800700203.
• Larry Li & John Fowler & Tony Naughton, 2008, "Short Term Equity Returns of Chinese IPOs, 1999 to 2004," Journal of Emerging Market Finance, Institute for Financial Management and Research, volume 7, issue 2, pages 197-214, August, DOI: 10.1177/097265270800700204.
• Jae-Seung Baek & Tianshu Liu, 2008, "Comparison Study on Shareholder Wealth and Ownership Structure in China and Korea," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, volume 11, issue 2, pages 3-32, September, DOI: 10.1177/223386590801100201.
• P.R. Madhusoodanan & Hareesh V. Kumar, 2008, "An Empirical Verification of Cointegration and Causality in Indian Stock Markets," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, volume 9, issue 1, pages 159-172, June, DOI: 10.1177/139156140700900107.
• Sarika Mahajan & Balwinder Singh, 2008, "An Empirical Analysis of Stock Price-Volume Relationship in Indian Stock Market," Vision, , volume 12, issue 3, pages 1-13, July, DOI: 10.1177/097226290801200301.
• Nevzat Eren & Han N. Ozsoylev, 2008, "Hype and Dump Manipulation," OFRC Working Papers Series, Oxford Financial Research Centre, number 2008fe08.
• Gabriel Desgranges & Celine Rochon, 2008, "Conformism, Public News and Market Effciency," OFRC Working Papers Series, Oxford Financial Research Centre, number 2008fe16.
• Tim Jenkinson & Tarun Ramadorai, 2008, "Do Investors Value High Levels of Regulation," OFRC Working Papers Series, Oxford Financial Research Centre, number 2008fe18.
• Giovanni Cespa & Xavier Vives, 2008, "Dynamic Trading and Asset Prices: Keynes vs. Hayek," CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, number 191, Jan.
• Jian Hu, 2008, "Does Weather Matter?," Departmental Working Papers, Southern Methodist University, Department of Economics, number 0809, Nov.
• P. Seiler & B. Taub, 2008, "The dynamics of strategic information flows in stock markets," Finance and Stochastics, Springer, volume 12, issue 1, pages 43-82, January, DOI: 10.1007/s00780-007-0046-4.
• Jeff Madura & Thanh Ngo, 2008, "Pricing behavior of exchange traded funds," Journal of Economics and Finance, Springer;Academy of Economics and Finance, volume 32, issue 1, pages 1-23, January, DOI: 10.1007/s12197-007-9007-1.
• Petri Kyröläinen, 2008, "Day trading and stock price volatility," Journal of Economics and Finance, Springer;Academy of Economics and Finance, volume 32, issue 1, pages 75-89, January, DOI: 10.1007/s12197-007-9006-2.
• Vitaly Guzhva, 2008, "Applying intervention analysis to financial performance data: The case of US airlines and September 11th," Journal of Economics and Finance, Springer;Academy of Economics and Finance, volume 32, issue 3, pages 243-259, July, DOI: 10.1007/s12197-007-9023-1.
• David Hyland, 2008, "The long-run performance of diversifying firms," Journal of Economics and Finance, Springer;Academy of Economics and Finance, volume 32, issue 3, pages 294-310, July, DOI: 10.1007/s12197-007-9001-7.
• Makoto Nirei, 2008, "Self-organized criticality in a herd behavior model of financial markets," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, volume 3, issue 1, pages 89-97, June, DOI: 10.1007/s11403-008-0032-8.
• Patrick Leoni, 2008, "Market power, survival and accuracy of predictions in financial markets," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), volume 34, issue 1, pages 189-206, January, DOI: 10.1007/s00199-007-0203-1.
• Rong Lu & Baizhu Chen & Longbing Xu & Xinhou Xie, 2008, "Redemption puzzle of open-end fund market in China," Psychometrika, Springer;The Psychometric Society, volume 3, issue 3, pages 430-450, September, DOI: 10.1007/s11459-008-0020-x.
• Shai Levi, 2008, "Voluntary disclosure of accruals in earnings press releases and the pricing of accruals," Review of Accounting Studies, Springer, volume 13, issue 1, pages 1-21, March, DOI: 10.1007/s11142-007-9059-7.
• Dimitrios C. Ghicas & Afroditi Papadaki & Georgia Siougle & Theodore Sougiannis, 2008, "The relevance of quantifiable audit qualifications in the valuation of IPOs," Review of Accounting Studies, Springer, volume 13, issue 4, pages 512-550, December, DOI: 10.1007/s11142-007-9051-2.
• Kfir Eliaz & Ran Spiegler, 2008, "Optimal speculative trade among large traders," Review of Economic Design, Springer;Society for Economic Design, volume 12, issue 1, pages 45-74, April, DOI: 10.1007/s10058-008-0040-0.
• Markus Mentz & Dirk Schiereck, 2008, "Cross-border mergers and the cross-border effect: the case of the automotive supply industry," Review of Managerial Science, Springer, volume 2, issue 3, pages 199-218, November, DOI: 10.1007/s11846-008-0022-1.
• Stephanie E. Lang & Klaus Röder, 2008, "Die Kosten des Indextrackings — Eine Fallstudie über den Exchange Traded Fund DAX®EX," Schmalenbach Journal of Business Research, Springer, volume 60, issue 3, pages 298-321, May, DOI: 10.1007/BF03372796.
• Anthony D. Hall & Nikolaus Hautsch, 2008, "Order aggressiveness and order book dynamics," Studies in Empirical Economics, Springer, in: Luc Bauwens & Winfried Pohlmeier & David Veredas, "High Frequency Financial Econometrics", DOI: 10.1007/978-3-7908-1992-2_7.
• Laura Veldkamp & Stijn Van Nieuwerburgh, 2008, "Information Acquisition and Under-Diversification," Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics, number 08-21.
• Evan Gilbert & Dave Strugnell, 2008, "Does survivorship bias really matter? An empirical investigation into its effects on the mean reversion of share returns on the JSE Securities Exchange (1984-2006)," Working Papers, Stellenbosch University, Department of Economics, number 19/2008.
• Martin Bohl & Pierre Siklos, 2008, "Empirical evidence on feedback trading in mature and emerging stock markets," Applied Financial Economics, Taylor & Francis Journals, volume 18, issue 17, pages 1379-1389, DOI: 10.1080/09603100701704280.
• Lukas Menkhoff & Rafael Rebitzky & Michael Schroder, 2008, "Do dollar forecasters believe too much in PPP?," Applied Economics, Taylor & Francis Journals, volume 40, issue 3, pages 261-270, DOI: 10.1080/00036840500428153.
• Derek Bond & Kenneth A. Dyson, 2008, "Long memory and nonlinearity in stock markets," Applied Financial Economics Letters, Taylor & Francis Journals, volume 4, issue 1, pages 45-48, DOI: 10.1080/17446540701367451.
• John C. Frain, 2008, "Maximum Likelihood Estimates of Regression Coefficients with alpha-stable residuals and Day of Week effects in Total Returns on Equity Indices," Trinity Economics Papers, Trinity College Dublin, Department of Economics, number tep0108, May, revised May 2008.
• R. Kraeussl & A. Lucas & D. Rijsbergen & P.J. van der Sluis & E. Vrugt, 2008, "Washington meets Wall Street: A Closer Examination of the Presidential Cycle Puzzle," Tinbergen Institute Discussion Papers, Tinbergen Institute, number 08-101/2, Oct.
• Braggion, F. & Moore, L., 2008, "Dividend Policies in an Unregulated Market : The London Stock Exchange 1895-1905," Discussion Paper, Tilburg University, Center for Economic Research, number 2008-83.
• Renneboog, L.D.R. & Spaenjers, C., 2008, "The Dutch Grey Market," Discussion Paper, Tilburg University, Center for Economic Research, number 2008-88.
• Palomino, F.A. & Renneboog, L.D.R. & Zhang, C., 2008, "Information Salience, Investor Sentiment, and Stock Returns : The Case of British Soccer Betting," Discussion Paper, Tilburg University, Center for Economic Research, number 2008-99.
• Goergen, M. & Renneboog, L.D.R. & Zhang, C., 2008, "Do UK Institutional Shareholders Monitor their Investee Firms?," Discussion Paper, Tilburg University, Center for Economic Research, number 2008-38.
• Martynova, M. & Renneboog, L.D.R., 2008, "Spillover of Corporate Governance Standards in Cross-Border Mergers and Acquisitions," Discussion Paper, Tilburg University, Center for Economic Research, number 2008-18.
• Martynova, M. & Renneboog, L.D.R., 2008, "Spillover of Corporate Governance Standards in Cross-Border Mergers and Acquisitions," Discussion Paper, Tilburg University, Tilburg Law and Economic Center, number 2008-008.
• Braggion, F. & Moore, L., 2008, "Dividend Policies in an Unregulated Market : The London Stock Exchange 1895-1905," Other publications TiSEM, Tilburg University, School of Economics and Management, number 3a430536-9f4a-49ae-b472-c.
• Martynova, M. & Renneboog, L.D.R., 2008, "Spillover of Corporate Governance Standards in Cross-Border Mergers and Acquisitions," Other publications TiSEM, Tilburg University, School of Economics and Management, number 6e13d8f6-4239-4c1b-a6e1-e.
• Renneboog, L.D.R. & Spaenjers, C., 2008, "The Dutch Grey Market," Other publications TiSEM, Tilburg University, School of Economics and Management, number 77991d9e-e897-4d2f-8f26-a.
• Palomino, F.A. & Renneboog, L.D.R. & Zhang, C., 2008, "Information Salience, Investor Sentiment, and Stock Returns : The Case of British Soccer Betting," Other publications TiSEM, Tilburg University, School of Economics and Management, number 91f34e3c-7702-4ab3-bf1d-7.
• Martynova, M. & Renneboog, L.D.R., 2008, "Spillover of Corporate Governance Standards in Cross-Border Mergers and Acquisitions," Other publications TiSEM, Tilburg University, School of Economics and Management, number c21c2683-9244-4ee2-be47-0.
• Andreas Park, 2008, "Bid-Ask Spreads and Volume:The Role of Trade Timing," Working Papers, University of Toronto, Department of Economics, number tecipa-309, Jan.
• Andreas Park & Daniel Sgroi, 2008, "When Herding and Contrarianism Foster Market Efficiency: A Financial Trading Experiment," Working Papers, University of Toronto, Department of Economics, number tecipa-316, Apr.
• Andreas Park & Daniel Sgroi, 2008, "Herding and Contrarianism in a Financial Trading Experiment with Endogenous Timing," Working Papers, University of Toronto, Department of Economics, number tecipa-341, Oct.
• Alain P. Chaboud & Sergey V. Chernenko & Jonathan H. Wright, 2008, "Trading Activity and Macroeconomic Announcements in High-Frequency Exchange Rate Data," Journal of the European Economic Association, MIT Press, volume 6, issue 2-3, pages 589-596, 04-05.
• Eduardo Levy Yeyati & Sergio L. Schmukler & Neeltje Van Horen, 2008, "Emerging Market Liquidity and Crises," Journal of the European Economic Association, MIT Press, volume 6, issue 2-3, pages 668-682, 04-05.
• Gebhardt, Georg & Höffler, Felix, 2008, "How to Determine whether Regional Markets are Integrated? Theory and Evidence from European Electricity Markets," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich, number 236, Apr.
• Clougherty, Joseph & Duso, Tomaso, 2008, "The impact of horizontal mergers on rivals: Gains to being left outside a merger," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich, number 239, Jun.
• Giulio Bottazzi & Giovanna Devetag & Francesca Pancotto, 2008, "Does Volatility matter? Expectations of price return and variability in an asset pricing experiment," CEEL Working Papers, Cognitive and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia, number 0801.
• González, Maximiliano & Mayorca, María & Vera, Alejandro, 2008, "Game theoretic analysis of the mattel-Radica acquisiton," Galeras. Working Papers Series, Universidad de Los Andes. Facultad de Administración. School of Management, number 021, Oct.
• Lauren Cohen & Andrea Frazzini & Christopher Malloy, 2008, "The Small World of Investing: Board Connections and Mutual Fund Returns," Journal of Political Economy, University of Chicago Press, volume 116, issue 5, pages 951-979, October, DOI: 10.1086/592415.
• Lucy Beverley, 2008, "Stock Market Event Studies and Competition Commission Inquiries," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP), Centre for Competition Policy, University of East Anglia, Norwich, UK., number 2008-16, Sep.
• Kirsten H. Heppke‐Falk & Guntram Wolff, 2008, "Moral Hazard and Bail‐Out in Fiscal Federations: Evidence for the German Länder," ULB Institutional Repository, ULB -- Universite Libre de Bruxelles, number 2013/386960, Aug.
• Ferré Carracedo, Montserrat & Manzano, Carolina, 2008, "Market effects of foreign exchange coordinated intervention," Working Papers, Universitat Rovira i Virgili, Department of Economics, number 2072/5366.
• Manfred Gärtner, 2008, "Predicting the Presidential Election Cycle in US Stock Prices: Guinea Pigs versus the Pros," University of St. Gallen Department of Economics working paper series 2008, Department of Economics, University of St. Gallen, number 2008-06, Mar.
• Pawel STRAWINSKI & Robert SLEPACZUK, 2008, "Analysis Of High Frequency Data On The Warsaw Stock Exchange In The Context Of Efficient Market Hypothesis," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, volume 3, issue 3(5)_Fall, pages 306-319.
• Ron Bird & Lorenzo Casavecchia & Paul Woolley, 2008, "Insights into the Market Impact of Different Investment Styles," Working Paper Series, The Paul Woolley Centre for Capital Market Dysfunctionality, University of Technology, Sydney, number 1, May.
• Antonio Cabrales & Piero Gottardi, 2008, "Markets for Information: Of Inefficient Firewalls and Efficient Monopolies," Working Papers, Department of Economics, University of Venice "Ca' Foscari", number 2008_37.
• Ridhwan, M.M. & Nijkamp, P. & Rietveld, P., 2008, "Regional development and monetary policy : a review of the role of monetary unions, capital mobility and locational effects," Serie Research Memoranda, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics, number 0007.
• Paweł Strawiński & Robert Ślepaczuk, 2008, "Analysis of HF data on the WSE in the context of EMH," Working Papers, Faculty of Economic Sciences, University of Warsaw, number 2008-08.
• Marco Angrisani & Antonio Guarino & Steffen Huck & Nathan Larson, 2008, "No-Trade in the Laboratory," WEF Working Papers, ESRC World Economy and Finance Research Programme, Birkbeck, University of London, number 0045, Sep.
• Antonio Guarino & Marco Cipriani, 2008, "Herd Behavior in Financial Markets: An Experiment with Financial Market Professionals," WEF Working Papers, ESRC World Economy and Finance Research Programme, Birkbeck, University of London, number 0047, Feb.
• Gunther Capelle‐Blancard & Nicolas Couderc, 2008, "What drives the market value of firms in the defense industry?," Review of Financial Economics, John Wiley & Sons, volume 17, issue 1, pages 14-32, DOI: 10.1016/j.rfe.2007.02.001.
• Park, Andreas & Sgroi, Daniel, 2008, "When Herding and Contrarianism Foster Market Efficiency : A Financial Trading Experiment," The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics, number 854.
• Park, Andreas & Sgroi, Daniel, 2008, "Herding and Contrarianism in a Financial Trading Experiment with Endogenous Timing," The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics, number 868.
• Joseph A. Clougherty & Tomaso Duso, 2008, "The Impact of Horizontal Mergers on Rivals: Gains to Being Left Outside a Merger," CIG Working Papers, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG), number SP II 2008-17r, May, revised Feb 2009.
• Joseph A. Clougherty & Tomaso Duso, 2008, "The Impact of Horizontal Mergers on Rivals: Gains to Being Left Outside a Merger," CIG Working Papers, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG), number SP II 2008-17r, May, revised Feb 2009.
• Glaser, Markus & Lopez de Silanes , Florencio & Sautner, Zacharias, 2008, "Looking Inside a Conglomerate: Efficiency of Internal Capital Allocation and Managerial Power Within a Firm," Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim, number 08-24, Dec.
• Martijn Cremers & Antti Petajisto & Eric Zitzewitz, 2008, "Should Benchmark Indices Have Alpha? Revisiting Performance," Yale School of Management Working Papers, Yale School of Management, number amz2452, Mar, revised 26 Jan 2010.
• Kozluk, Tomasz, 2008, "Global and regional links between stock markets - the case of Russia and China," BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT), number 4/2008.
• Ehrhardt, Olaf & Lahr, Henry, 2008, "Uncertain private benefits and the decision to go public," CEFS Working Paper Series, Technische Universität München (TUM), Center for Entrepreneurial and Financial Studies (CEFS), number 2008-02.
• Dickgiesser, Sebastian & Kaserer, Christoph, 2008, "Market efficiency reloaded: why insider trades do not reveal exploitable information," CEFS Working Paper Series, Technische Universität München (TUM), Center for Entrepreneurial and Financial Studies (CEFS), number 2008-04.
• Achleitner, Ann-Kristin & Andres, Christian & Betzer, André & Weir, Charlie, 2008, "Economic consequences of private equity investments on the German stock market," CEFS Working Paper Series, Technische Universität München (TUM), Center for Entrepreneurial and Financial Studies (CEFS), number 2008-05.
• Hess, Dieter E. & Huang, He & Niessen-Ruenzi, Alexandra, 2008, "How do commodity futures respond to macroeconomic news?," CFR Working Papers, University of Cologne, Centre for Financial Research (CFR), number 08-03.
• Hautsch, Nikolaus & Hess, Dieter E. & Müller, Christoph, 2008, "Price adjustment to news with uncertain precision," CFR Working Papers, University of Cologne, Centre for Financial Research (CFR), number 08-04.
• Betzer, André & Theissen, Erik, 2008, "Sooner or later: delays in trade reporting by corporate insiders," CFR Working Papers, University of Cologne, Centre for Financial Research (CFR), number 08-06.
• Gaul, Jürgen & Theissen, Erik, 2008, "A partially linear approach to modelling the dynamics of spot and futures prices," CFS Working Paper Series, Center for Financial Studies (CFS), number 2008/12.
• Sperl, Miriam, 2008, "Quantifying the efficiency of the Xetra LOB market: Detailed recipe," CFS Working Paper Series, Center for Financial Studies (CFS), number 2008/21.
• Hautsch, Nikolaus & Hess, Dieter E. & Müller, Christoph, 2008, "Price adjustment to news with uncertain precision," CFS Working Paper Series, Center for Financial Studies (CFS), number 2008/28.
• Franke, Günter & Krahnen, Jan Pieter, 2008, "The future of securitization," CFS Working Paper Series, Center for Financial Studies (CFS), number 2008/31.
• Diebold, Francis X. & Strasser, Georg H., 2008, "On the correlation structure of microstructure noise in theory and practice," CFS Working Paper Series, Center for Financial Studies (CFS), number 2008/32.
• Cespa, Giovanni & Foucault, Thierry, 2008, "Insiders-outsiders, transparency and the value of the ticker," CFS Working Paper Series, Center for Financial Studies (CFS), number 2008/39.
• Pagano, Michael S. & Peng, Lin & Schwartz, Robert A., 2008, "The quality of price formation at market openings and closings: Evidence from the Nasdaq stock market," CFS Working Paper Series, Center for Financial Studies (CFS), number 2008/45.
• Menkveld, Albert J. & Sarkar, Asani & van der Wel, Michel, 2008, "Customer flow, intermediaries, and the discovery of the equilibrium riskfree rate," CFS Working Paper Series, Center for Financial Studies (CFS), number 2008/47.
• Frey, Stefan & Sandås, Patrik, 2008, "The impact of hidden liquidity in limit order books," CFS Working Paper Series, Center for Financial Studies (CFS), number 2008/48.
• Ben-Rephael, Azi & Kadan, Ohad & Wohl, Avi, 2008, "The diminishing liquidity premium," CFS Working Paper Series, Center for Financial Studies (CFS), number 2008/52.
• Jackwerth, Jens Carsten & Constantinides, George M. & Czerwonko, Michal & Perrakis, Stelios, 2008, "Are options on index futures profitable for risk averse investors? Empirical evidence," CoFE Discussion Papers, University of Konstanz, Center of Finance and Econometrics (CoFE), number 08/08.
• Berger, Helge & Ehrmann, Michael & Fratzscher, Marcel, 2008, "Geography or skills: what explains Fed Wachters' forecast accuracy of US monetary policy?," Discussion Papers, Free University Berlin, School of Business & Economics, number 2008/11.
• Dreher, Axel & Moser, Christoph, 2008, "Do Markets Care About Central Bank Governor Changes? Evidence from Emerging Markets," Proceedings of the German Development Economics Conference, Zurich 2008, Verein für Socialpolitik, Research Committee Development Economics, number 29.
• Rottmann, Horst & Franz, Thomas, 2008, "Die Performance deutscher Aktienfonds: Lassen sich Selektions- und Timingfähigkeiten nachweisen und hat die Wahl des Performancemaßes einen Einfluss auf die Beurteilung?," Weidener Diskussionspapiere, University of Applied Sciences Amberg-Weiden (OTH), number 5.
• Küster Simic, André & Prigge, Stefan & Thönnessen, Rasmus, 2008, "Informationseffizienz von Handelsplattformen für Schiffsfonds," Working Paper Series, Hamburg School of Business Administration (HSBA), number 04/2008.
• Mendes, Rui Vilela & Oliveira, Maria J., 2008, "A Data-Reconstructed Fractional Volatility Model," Economics Discussion Papers, Kiel Institute for the World Economy, number 2008-22.
• Lux, Thomas, 2008, "Sentiment dynamics and stock returns: the case of the German stock market," Kiel Working Papers, Kiel Institute for the World Economy, number 1470.
• Genberg, Hans & Hui, Cho-Hoi, 2008, "The credibility of 'The Link' from the perspective of modern financial theory," IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS), number 18.
• Hautsch, Nikolaus & Hess, Dieter E. & Müller, Christoph, 2008, "Price adjustment to news with uncertain precision," SFB 649 Discussion Papers, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk, number 2008-025.
• Gassen, Joachim, 2008, "Are stewardship and valuation usefulness compatible or alternative objectives of financial accounting?," SFB 649 Discussion Papers, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk, number 2008-028.
• Becker, Franziska & Gürtler, Marc, 2008, "Quantitative forecast model for the application of the Black-Litterman approach," Working Papers, Technische Universität Braunschweig, Institute of Finance, number IF27V2.
• Schrimpf, Andreas, 2008, "International Stock Return Predictability Under Model Uncertainty," ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research, number 08-048.
• Dick, Christian D. & Wang, Qingwei, 2008, "The Economic Impact of Olympic Games: Evidence from Stock Markets," ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research, number 08-060.
• Sang Hoon Kang & SEONG-MIN YOON, 2008, "Asymmetry and Long Memory Features in Volatility: Evidence From Korean Stock Market," Korean Economic Review, Korean Economic Association, volume 24, pages 383-412.
• Ábel, István & Kóbor, Ádám, 2008, "Kamatkülönbözet, spekulációs profit és árfolyam-változékonyság
  [Interest-rate differentials, speculative capital flows and exchange-rate volatility]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), volume 0, issue 11, pages 941-961.
• Nikolaus Hautsch & Dieter Hess & Christoph Müller, 2008, "Price Adjustment to News with Uncertain Precision," FRU Working Papers, University of Copenhagen. Department of Economics. Finance Research Unit, number 2008/01, Jun.
• Maximilian J. B. Hall & Paul Hamalainen & Adrian Pop & Barry Howcroft, 2008, "Did the market signal impending problems at Northern Rock? An analysis of four financial instruments," Discussion Paper Series, Department of Economics, Loughborough University, number 2008_11, Oct, revised Oct 2008.
• Nawazish Mirza & Saima Shahid, 2008, "Size and Value Premium inKarachi Stock Exchange," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, volume 13, issue 2, pages 1-26, Jul-Dec.
• Nawazish Mirza, 2008, "Size and value premium in Karachi stock exchange," CREB Working papers, Centre for Research in Economics and Business, The Lahore School of Economics, number 1-2008, revised 2008.
• Abul Shamsuddin & Jae H. Kim, 2008, "Short-Horizon Return Predictability in International Equity Markets," Working Papers, School of Economics, La Trobe University, number 1837-2198/978-0-9807041-0.
• Bernd Hayo & Ali M. Kutan & Matthias Neuenkirch, 2008, "Financial Market Reaction to Federal Reserve Communications: Does the Crisis Make a Difference?," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 200808.
• Bernd Hayo & Matthias Neuenkirch, 2008, "Does the Currency Board Matter? U.S. News and Argentine Financial Market Reaction," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 200823.
• Philippe Bacchetta & Eric Van Wincoop, 2008, "Higher Order Expectations in Asset Pricing," Journal of Money, Credit and Banking, Blackwell Publishing, volume 40, issue 5, pages 837-866, August.
• Catherine Kyrtsou & Michel Terraza, 2008, "Seasonal Mackey-Glass-GARCH process and short-term dynamics," Discussion Paper Series, Department of Economics, University of Macedonia, number 2008_09, Sep, revised Sep 2008.
• Naoto Isaka & Hiroshi Yoshikawa, 2008, "The Effect of Reductions in Minimum Trading Units on Equity Premiums," Discussion Papers, Meisei University, School of Economics, number 10, Jan.
• Raj Aggarwal & Winston T. Lin & Sunil K. Mohanty, 2008, "Are Forward Exchange Rates Rational Forecasts of Future Spot Rates? An Improved Econometric Analysis for the Major Currencies," Multinational Finance Journal, Multinational Finance Journal, volume 12, issue 1-2, pages 1-20, March-Jun.
• David Michayluk & Laurie Prather, 2008, "A Liquidity Motivated Algorithm for Discerning Trade Direction," Multinational Finance Journal, Multinational Finance Journal, volume 12, issue 1-2, pages 45-66, March-Jun.
• Raj Aggarwal & Sijing Zong, 2008, "Behavioral Biases in Forward Rates as Forecasts of Future Exchange Rates: Evidence of Systematic Pessimism and Under-Reaction," Multinational Finance Journal, Multinational Finance Journal, volume 12, issue 3-4, pages 241-277, September.