Research classified by Journal of Economic Literature (JEL) codes

2005

• Maurizio Bovi, 2005, "Book-Tax Gap. An Income Horse Race," Public Economics, University Library of Munich, Germany, number 0506009, Jun.
• Radu Burlacu & Patrice Fontaine & Sonia Jimenez-Garcès, 2005, "The "Firm-Specific Return Variation": A Measure Of Price Informativeness Or Information Asymmetry?," Annals of Financial Economics (AFE), World Scientific Publishing Co. Pte. Ltd., volume 1, issue 01, pages 1-20, DOI: 10.1142/S2010495205500041.
• Arik Ben Dor & Ravi Jagannathan & Iwan Meier, 2005, "Understanding Mutual Fund And Hedge Fund Styles Using Return-Based Style Analysis," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 4, in: H Gifford Fong, "The World Of Hedge Funds Characteristics and Analysis".
• Stephen J. Brown & William N. Goetzmann & Bing Liang, 2005, "Fees On Fees In Funds Of Funds," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 7, in: H Gifford Fong, "The World Of Hedge Funds Characteristics and Analysis".
• William N. Goetzmann & Stephen J. Brown, 2005, "Performance Persistence," Yale School of Management Working Papers, Yale School of Management, number ysm451, Apr.
• William N. Goetzmann & Massimo Massa & Andrei Simonov, 2005, "Portfolio Diversification, Proximity Investment and City Agglomeration," Yale School of Management Working Papers, Yale School of Management, number ysm452, Apr.
• Arturo Bris & Huseyin Gulen & Padmaja Kadiyala & Raghavendra Rau, 2005, "Good Stewards, Cheap Talkers, or Family Men? The Impact of Mutual Fund Closures on Fund Managers, Flows, Fees, and Performance," Yale School of Management Working Papers, Yale School of Management, number amz2658, Jul, revised 01 Sep 2006.
• Fabrizio Palmucci, 2005, "The Liquidity of a Hybrid Stock Exchange: The Italian Case of STAR," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, volume 8, issue 1, pages 11-34, May.
• Anatolyev, Stanislav, 2005, "A Ten-year retrospection of the behavior of Russian stock returns," BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT), number 9/2005.
• Nöldeke, Georg & Tröger, Thomas, 2005, "A Characterization of the Distributions That Imply Existence of Linear Equilbria in the Kyle-Model," Bonn Econ Discussion Papers, University of Bonn, Bonn Graduate School of Economics (BGSE), number 9/2005.
• von Kalckreuth, Ulf, 2005, "A "wreckers theory" of financial distress," Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank, number 2005,40.
• Koetter, Michael & Bos, Jaap W. B. & Heid, Frank & Kool, Clemens J. M. & Kolari, James W. & Porath, Daniel, 2005, "Accounting for distress in bank mergers," Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank, number 2005,09.
• Bos, Jaap W. B. & Heid, Frank & Koetter, Michael & Kolari, James W. & Kool, Clemens J. M., 2005, "Inefficient or just different? Effects of heterogeneity on bank efficiency scores," Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank, number 2005,15.
• Foucault, Thierry & Moinas, Sophie & Theissen, Erik, 2005, "Does anonymity matter in electronic limit order markets?," CFR Working Papers, University of Cologne, Centre for Financial Research (CFR), number 05-15.
• Theissen, Erik, 2005, "An analysis of private investors' stock market return forecasts," CFR Working Papers, University of Cologne, Centre for Financial Research (CFR), number 05-16.
• Haas, Markus & Mittnik, Stefan & Mizrach, Bruce, 2005, "Assessing central bank credibility during the EMS crises: Comparing option and spot market-based forecasts," CFS Working Paper Series, Center for Financial Studies (CFS), number 2005/09.
• Tavakkol, Amir & Korczak, Piotr, 2005, "Institutional Investors and the Information Content of Earnings Announcements: The Case of Poland," Working Paper Series, European University Viadrina Frankfurt (Oder), The Postgraduate Research Programme Capital Markets and Finance in the Enlarged Europe, number 2005,3.
• Siklos, Pierre L. & Bohl, Martin T., 2005, "Trading Behavior During Stock Market Downturns: The Dow, 1915 - 2004," Working Paper Series, European University Viadrina Frankfurt (Oder), The Postgraduate Research Programme Capital Markets and Finance in the Enlarged Europe, number 2005,7.
• Gilbert, Aaron & Tourani Rad, Alireza & Wisniewski, Tomasz Piotr, 2005, "The relationship between insider trading and volume-induced return autocorrelation," Working Paper Series, European University Viadrina Frankfurt (Oder), The Postgraduate Research Programme Capital Markets and Finance in the Enlarged Europe, number 2005,9.
• Müller, Sebastian & Müller, Gerhard, 2005, "Sicherheits-orientiertes Portfoliomanagement," Wismar Discussion Papers, Hochschule Wismar, Wismar Business School, number 09/2005.
• Pierdzioch, Christian & Schertler, Andrea, 2005, "Sources of Predictability of European Stock Markets for High-Technology Firms," Kiel Working Papers, Kiel Institute for the World Economy, number 1235.
• Nippel, Peter & Pierdzioch, Christian & Schertler, Andrea, 2005, "Underpricing and Index Excess Returns," Kiel Working Papers, Kiel Institute for the World Economy, number 1259.
• Krämer, Walter & Schich, Sebastian T., 2005, "Large-scale disasters and the insurance industry," Technical Reports, Technische Universität Dortmund, Sonderforschungsbereich 475: Komplexitätsreduktion in multivariaten Datenstrukturen, number 2005,11.
• Yu, Peiyi & Neus, Werner, 2005, "Market Structure, Scale Efficiency, and Risk as Determinants of German Banking Profitability," Tübinger Diskussionsbeiträge, University of Tübingen, School of Business and Economics, number 294.
• Schröder, Michael, 2005, "Is there a Difference? The Performance Characteristics of SRI Equity Indexes," ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research, number 05-50.
• Johnson, Christian A. & Padilla, Miguel A., 2005, "Regularidades no lineales en índices accionarios. Una aproximación con redes neuronales," El Trimestre Económico, Fondo de Cultura Económica, volume 72, issue 288, pages 765-821, octubre-d, DOI: http://dx.doi.org/10.20430/ete.v72i.
• van Baalen, P.J. & Bloemhof-Ruwaard, J.M. & van Heck, H.W.G.M., 2005, "Knowledge sharing in an Emerging Network of Practice: The Role of a Knowledge Portal," ERIM Report Series Research in Management, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam, number ERS-2005-003-LIS, Mar.
• Michael Glezakos & Dr. George Gotzageorgis, 2005, "An empirical investigation of underpricing in Greek IPO’s: 1990-2003," European Research Studies Journal, European Research Studies Journal, volume 0, issue 1-2, pages 3-20.
• Sanne Zwart, 2005, "Liquidity runs with endogenous information acquisition," Economics Working Papers, European University Institute, number ECO2005/18.
• Richard C. Green & Burton Hollifield & Norman Schürhoff, 2005, "Financial Intermediation and the Costs of Trading in an Opaque Market," FAME Research Paper Series, International Center for Financial Asset Management and Engineering, number rp130, Feb.
• Alessandro Beber & Cecilia Caglio, 2005, "Order Submission Strategies and Information: Empirical Evidence from the NYSE," FAME Research Paper Series, International Center for Financial Asset Management and Engineering, number rp146, Jun.
• Alexandre Ziegler & François-Xavier Delaloye & Michel Habib, 2005, "Negotiating over Banking Secrecy: The Case of Switzerland and the European Union," FAME Research Paper Series, International Center for Financial Asset Management and Engineering, number rp157, Oct.
• Dusan ISAKOV & Dennis Y. CHUNG & Christophe PERIGNON, 2005, "Repurchasing Shares on a Second Trading Line," FAME Research Paper Series, International Center for Financial Asset Management and Engineering, number rp162, Nov.
• Helena Horská, 2005, "The Czech Equity Market - Its Effectiveness and Macroeconomic Consequences," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, volume 55, issue 5-6, pages 283-301, May.
• Karel Diviš & Petr Teplý, 2005, "Information Efficiency of Central Europe Stock Exchanges (in Czech)," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, volume 55, issue 9-10, pages 471-482, September.
• Tomáš Cahlík & Adam Geršl & Michal Hlaváček & Michael Berlemann, 2005, "Market Prices as Indicators of Political Events Evidence from the Experimental Market on the Czech Republic Parliamentary Election in 2002," Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, number 77, revised 2005.
• Vít Bubák & Filip Žikeš, 2005, "Trading Intensity and Intraday Volatility on the Prague Stock Exchange: Evidence from an Autoregressive Conditional Duration Model," Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, number 80, revised 2005.
• Lukáš Vácha & Miloslav Vošvrda, 2005, "Heterogeneous Agents Model with the Worst Out Algorithm," Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, number 91, revised 2005.
• Kateřina Tsolov, 2005, "ADR/GDR Potential in Central Europe," Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, number 92, revised 2005.
• Bernardo Bortolotti, 2005, "Italy’s Privatization Process and Its Implications for China," Working Papers, Fondazione Eni Enrico Mattei, number 2005.118, Sep.
• Arun J. Prakash, Suchismita Mishra, Dispari Ghosh, 2005, "The Kraus and Litzenberger Quadratic Characteristic Line and Event Studies," Frontiers in Finance and Economics, SKEMA Business School, volume 2, issue 2, pages 67-78, December.
• Refet S. Gürkaynak & Justin Wolfers, 2005, "Macroeconomic Derivatives: An Initial Analysis of Market-Based Macro Forecasts, Uncertainty, and Risk," Working Paper Series, Federal Reserve Bank of San Francisco, number 2005-26, Sep.
• John Campbell & Christopher Polk & Tuomo Vuolteenaho, 2005, "Growth or glamour? fundamentals and systemic risk in stock returns," Proceedings, Board of Governors of the Federal Reserve System (U.S.).
• Jan De Dreu & Vasso P. Ioannidou, 2005, "The impact of explicit deposit insurance on market discipline," Proceedings, Federal Reserve Bank of Chicago, number 992.
• Christina E. Bannier & Marcel Tyrell, 2005, "Modelling the role of credit rating agencies - Do they spark off a virtuous circle?," Working Paper Series: Finance and Accounting, Department of Finance, Goethe University Frankfurt am Main, number 160, Nov.
• Dennis Y. Chung & Dušan Isakov & Christophe Pérignon, 2005, "Repurchasing Shares on a Second Trading Line," FSES Working Papers, Faculty of Economics and Social Sciences, University of Freiburg/Fribourg Switzerland, number 391, Nov.
• John Y. Campbell & Christopher Polk & Tuomo Vuolteenaho, 2005, "Growth or Glamour? Fundamentals and Systematic Risk in Stock Returns," Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research, number 2082.
• Kaestner, Michael, 2005, "Investors’ Misreaction to Unexpected Earnings: Evidence of Simultaneous Overreaction and Underreaction," Accepted Papers Series, Montpellier University, Center for Research in Finance, number 2005-3, Dec.
• Kaestner, Michael, 2005, "Anomalous Price Behavior Following Earnings Surprises: Does Representativeness Cause Overreaction?," Working Paper Series, Montpellier University, Center for Research in Finance, number 2005-1, Apr.
• Julien Reynaud & Rofikoh Rokhim, 2005, "Do banking crises enhance efficiency? A case study of 1994 Turkish and 1997 Indonesian crises," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL, number halshs-00193306, Jan.
• A. Durre & P. Giot, 2005, "An international analysis of earnings, stock prices and bond yields," Post-Print, HAL, number hal-00269291, Jun.
• Thierry Foucault & Ohad Kadan & Eugene Kandel, 2005, "Limit Order Book as a Market for Liquidity," Post-Print, HAL, number hal-00459785, DOI: 10.1093/rfs/hhi029.
• Roland Gillet & Ariane Szafarz, 2005, "L'efficience informationnelle des marchés: une hypothèse, et au-delà ?," Post-Print, HAL, number hal-03928565.
• Christian Walter, 2005, "La gestion indicielle et la théorie des moyennes," Post-Print, HAL, number hal-04529992, DOI: 10.3406/ecofi.2005.3974.
• Thierry Foucault & Ohad Kadan & Eugene Kandel, 2005, "Limit Order Book as a Market for Liquidity," Post-Print, HAL, number halshs-00005043.
• Thierry Foucault & Gabriel Desgranges, 2005, "Reputation-based pricing and price improvements in dealership markets," Post-Print, HAL, number halshs-00006428, DOI: 10.1016/j.jeconbus.2005.09.001.
• Julien Reynaud & Rofikoh Rokhim, 2005, "Do banking crises enhance efficiency? A case study of 1994 Turkish and 1997 Indonesian crises," Post-Print, HAL, number halshs-00193306, Jan.
• Augustin Landier & David Sraer & David Thesmar, 2005, "Bottom-Up Corporate Governance," Working Papers, HAL, number hal-00584699, Oct.
• Thomas Jeanjean & Anne Cazavan-Jeny, 2005, "Levels of voluntary disclosure in IPO prospectuses: An empirical analysis," Working Papers, HAL, number hal-00586546, Dec.
• Mende, Alexander, 2005, "09/11 on the USD/EUR Foreign Exchange Market," Hannover Economic Papers (HEP), Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät, number dp-312, Feb.
• Menkhoff, Lukas & Schmidt, Ulrich, 2005, "The Use of Trading Strategies by Fund Managers: Some First Survey Evidence," Hannover Economic Papers (HEP), Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät, number dp-314, Apr.
• Menkhoff, Lukas & Rebitzky, Rafael & Schröder, Michael, 2005, "Do Dollar Forecasters Believe too Much in PPP?," Hannover Economic Papers (HEP), Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät, number dp-321, Sep.
• Christiansen, Charlotte & Ranaldo, Angelo, 2005, "Realized Bond-Stock Correlation: Macroeconomic Announcement Effects," Finance Research Group Working Papers, University of Aarhus, Aarhus School of Business, Department of Business Studies, number F-2005-05, Sep.
• Bjuggren, Per-Olof & Wiberg, Daniel, 2005, "Industry Specific Effects in Investment Performance and Valuation of Firms - Marginal q in a Stock Market Bubble," Working Paper Series in Economics and Institutions of Innovation, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies, number 45, Dec.
• Quoreshi, Shahiduzzaman, 2005, "Bivariate Time Series Modelling of Financial Count Data," Umeå Economic Studies, Umeå University, Department of Economics, number 655, Apr.
• Quoreshi, Shahiduzzaman, 2005, "Modelling High Frequency Financial Count Data," Umeå Economic Studies, Umeå University, Department of Economics, number 656, Apr.
• Simonsen, Ola, 2005, "An Empirical Model for Durations in Stocks," Umeå Economic Studies, Umeå University, Department of Economics, number 657, Apr.
• Martin T. Bohl & Janusz Brzeszczynski, 2005, "Do Institutional Investors Destabilize Stock Prices? Evidence from an Emerging Market," CERT Discussion Papers, Centre for Economic Reform and Transformation, Heriot Watt University, number 0501.
• Robert J. Bianchi & Michael E. Drew & John Polichronis, 2005, "A test of momentum trading strategies in foreign exchange markets: evidence from the G7," Global Business and Economics Review, Inderscience Enterprises Ltd, volume 7, issue 2/3, pages 155-179.
• Mónica Melle, 2005, "¿Cómo valora el mercado de valores español la adopción de planes de opciones sobre acciones para directivos y consejeros?," Investigaciones Economicas, Fundación SEPI, volume 29, issue 1, pages 73-115, January.
• Alfredo Ciriaco Fernández & Rafael Santamaría Aquilué, 2005, "Persistencia de resultados en los fondos de inversión españoles," Investigaciones Economicas, Fundación SEPI, volume 29, issue 3, pages 525-573, September.
• Thomas Lagoarde Segot & Brian M Lucey, 2005, "Stock Market Predictability in the MENA: Evidence from New Variance Ratio Tests and Technical Trade Analysis," The Institute for International Integration Studies Discussion Paper Series, IIIS, number iiisdp92, Dec.
• Refet S Gürkaynak & Brian Sack & Eric Swanson, 2005, "Do Actions Speak Louder Than Words? The Response of Asset Prices to Monetary Policy Actions and Statements," International Journal of Central Banking, International Journal of Central Banking, volume 1, issue 1, May.
• Jorge Ludlow Wiechers & Beatríz Mota Aragón, 2005, "La Dinámica De La Volatilidad Del Ipc Y Sus Componentes," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, volume 4, issue 2, pages 149-173, Junio 200.
• Jorge Ludlow Wiechers & M. Beatríz Mota Aragón, 2005, "Curvas De Apalancamiento Y Elección De Carteras En La Bmv," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, volume 4, issue 4, pages 313-346, Diciembre.
• Drew Fudenberg & David K Levine, 2005, "Learning and Belief-Based Trade," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., volume 42, issue 126, pages 199-208.
• Rodrigo Saens & Eduardo Sandoval, 2005, "Measuring Security Price Performance Using Chilean Daily Stock Returns: The Event Study Method," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., volume 42, issue 126, pages 307-328.
• Maurizio Bovi, 2005, "Book-Tax Gap. An Income Horse Race," ISAE Working Papers, ISTAT - Italian National Institute of Statistics - (Rome, ITALY), number 61, Dec.
• María Jesús Pastor & Francisco Poveda, 2005, "Earnings Management As An Explanation Of The Equity Issue Puzzle," Working Papers. Serie AD, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie), number 2005-04, Feb.
• Ana María Sabater & Joaquina Laffarga, 2005, "Efecto Spillover Ante Un Evento Laboral: Un Análisis Empírico Para El Mercado Continuo Español," Working Papers. Serie EC, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie), number 2005-02, Jan.
• Begoña Herrero & Ana María Ibáñez & Constantino José García, 2005, "Estudio Del Efecto Informativo Del Anuncio De Beneficios Trimestrales," Working Papers. Serie EC, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie), number 2005-05, Feb.
• Juan Carlos Gómez Sala & Germán López Espinosa, 2005, "El Valor De Las Recomendaciones De Consenso De Los Analistas Financieros En El Mercado De Capitales Español," Working Papers. Serie EC, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie), number 2005-09, Apr.
• David Abad & José Yagüe & Sonia Sanabria, 2005, "Liquidity And Information Around Annual Earnings Announcements: An Intraday Analysis Of The Spanish Stock Market," Working Papers. Serie EC, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie), number 2005-16, Sep.
• Checchi, Daniele & Florio, Massimo & Carrera, Jorge, 2005, "Privatization Discontent and Its Determinants: Evidence from Latin America," IZA Discussion Papers, IZA Network @ LISER, number 1587, May.
• Andreas Freytag & Dirk Schiereck & Thomas W. Thomas, 2005, "Consolidation and Market Power of Energy Utilities - The case of US-American and German Utility Takeovers," Jenaer Schriften zur Wirtschaftswissenschaft (Expired!), Friedrich Schiller University of Jena, School of of Economics and Business Administration, number 07/2005, Jun.
• Mark Bagnoli & Stanley Levine & Susan G. Watts, 2005, "Analyst estimation revision clusters and corporate events, Part I," Annals of Finance, Springer, volume 1, issue 3, pages 245-265, August, DOI: 10.1007/s10436-005-0014-y.
• Alexander Gümbel, 2005, "Should short-term speculators be taxed, or subsidised?," Annals of Finance, Springer, volume 1, issue 3, pages 327-348, August, DOI: 10.1007/s10436-004-0009-0.
• Mark Bagnoli & Stanley Levine & Susan G. Watts, 2005, "Analyst estimation revision clusters and corporate events, Part II," Annals of Finance, Springer, volume 1, issue 4, pages 379-393, October, DOI: 10.1007/s10436-005-0015-x.
• Barry Harrison & David Paton, 2005, "Transition, the Evolution of Stock Market Efficiency and Entry into EU: The Case of Romania," Economic Change and Restructuring, Springer, volume 37, issue 3, pages 203-223, September, DOI: 10.1007/s10644-005-5060-y.
• Roland Füss, 2005, "Financial Liberalization and Stock Price Behaviour in Asian Emerging Markets," Economic Change and Restructuring, Springer, volume 38, issue 1, pages 37-62, March, DOI: 10.1007/s10644-005-4522-6.
• Németh, András, 2005, "Hírpiacok szimulációja
  [Simulation of news markets]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), volume 0, issue 3, pages 249-274.
• Kutas, Gábor & Végh, Richárd, 2005, "A Budapest Likviditási Mérték bevezetéséről. A magyar részvények likviditásának összehasonlító elemzése a budapesti, a varsói és a londoni értéktőzsdéken
  [Introduction of the Budapest Liquidity Measure]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), volume 0, issue 7, pages 686-711.
• Rasmus Fatum & Michael R. King, 2005, "Rules versus Discretion in Foreign Exchange Intervention: Evidence from Official Bank of Canada High-Frequency Data," EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics, number 05-06, May.
• Rasmus Fatum, 2005, "Daily Effects of Foreign Exchange Intervention: Evidence from Official Bank of Canada Data," EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics, number 05-07, Jun.
• Marie-Claude Beaulieu & Jean-Claude Cosset & Naceur Essaddam, 2005, "Price Political Uncertainty and Stock Market Returns: Evidence from the 1995 Quebec Referendum," Cahiers de recherche, CIRPEE, number 0531.
• Joshua Kirkwood & Daehoon Nahm, 2005, "Australian Banking Efficiency and its Relation to Stock Returns," Research Papers, Macquarie University, Department of Economics, number 0508, May.
• Ekaterini Panopoulou & Koubouros, M. & Malliaropulos, D., 2005, "Long-Run Cash-Flow and Discount-Rate Risks in the Cross-Section of US Returns," Economics Department Working Paper Series, Department of Economics, National University of Ireland - Maynooth, number n1580505, May.
• Engel, Charles, 2005, "Some New Variance Bounds for Asset Prices," Journal of Money, Credit and Banking, Blackwell Publishing, volume 37, issue 5, pages 949-955, October.
• Syed M. Harun & M. Kabir Hassan & Tarek S. Zaher, 2005, "Effect of Monetary Policy on Commercial Banks Across Different Business Conditions," Multinational Finance Journal, Multinational Finance Journal, volume 9, issue 1-2, pages 99-128, March-Jun.
• Benilde Maria do Nascimento Oliveira & Manuel Jose da Rocha Armada, 2005, "Structural Changes of the Conditional Volatility of the Portuguese Stock Market," Multinational Finance Journal, Multinational Finance Journal, volume 9, issue 3-4, pages 189-214, September.
• Henryk Gurgul & Pawel Majdosz & Roland Mestel, 2005, "Joint Dynamics of Prices and Trading Volume on the Polish Stock Market," Managing Global Transitions, University of Primorska, Faculty of Management Koper, volume 3, issue 2, pages 139-156.
• Steve Bond & Mike Hawkins & Alexander Klemm, 2005, "Stamp Duty on Shares and Its Effect on Share Prices," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, volume 61, issue 3, pages 275-297, November.
• Alexander Gümbel, 2005, "Trading on Short-Term Information," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, volume 161, issue 3, pages 428-452, September.
• D. Beggs & C.L. Skeels, 2005, "Market Arbitrage of Cash Dividends and Franking Credits," Department of Economics - Working Papers Series, The University of Melbourne, number 947.
• Katrin Tinn, 2005, "Optimal research in financial markets with heterogeneous private information; a rational expectations model," Money Macro and Finance (MMF) Research Group Conference 2005, Money Macro and Finance Research Group, number 6, Sep.
• Szilárd Erhart, 2005, "Driving factors behind O/N interbank interest rates – the Hungarian experiences," MNB Occasional Papers, Magyar Nemzeti Bank (Central Bank of Hungary), number 2005/34.
• Csaba Csávás & Szilárd Erhart, 2005, "Are Hungarian financial markets liquid enough? The theory and practice of FX and government securities market liquidity," MNB Occasional Papers, Magyar Nemzeti Bank (Central Bank of Hungary), number 2005/44.
• V. Moriggia & S. Muzzioli & C. Torricelli, 2005, "The no arbitrage condition in option implied trees: evidence from the Italian index options market," Department of Economics, University of Modena and Reggio E., Faculty of Economics "Marco Biagi", number 0491, May.
• Martin Hellwig, 2005, "Market Discipline, Information Processing, and Corporate Governance," Discussion Paper Series of the Max Planck Institute for Behavioral Economics, Max Planck Institute for Behavioral Economics, number 2005_19, Oct.
• Julien Reynaud & Rofikoh Rokhim, 2005, "Do banking crises enhance efficiency? A case study of 1994 Turkish and 1997 Indonesian crises," Cahiers de la Maison des Sciences Economiques, Université Panthéon-Sorbonne (Paris 1), number bla05007, Jan.
• Gunther Capelle-Blancard & Nicolas Couderc, 2005, "What drives the market value of firms in the Defense industry?," Cahiers de la Maison des Sciences Economiques, Université Panthéon-Sorbonne (Paris 1), number bla06037, Dec, revised Apr 2006, DOI: 10.1016/j.rfe.2007.02.001.
• BEAULIEU, Marie-Claude & DUFOUR, Jean-Marie & KHALAF, Lynda, 2005, "Exact Multivariate Tests of Asset Pricing Models with Stable Asymmetric Distributions," Cahiers de recherche, Universite de Montreal, Departement de sciences economiques, number 2005-04.
• BEAULIEU, Marie-Claude & DUFOUR, Jean-Marie & KHALAF, Lynda, 2005, "Exact Multivariate Tests of Asset Pricing Models with Stable Asymmetric Distributions," Cahiers de recherche, Centre interuniversitaire de recherche en économie quantitative, CIREQ, number 04-2005.
• Alain Durré & Pierre Giot, 2005, "An international analysis of earnings, stock prices and bond yields," Working Paper Research, National Bank of Belgium, number 73, Sep.
• Refet Gürkaynak & Justin Wolfers, 2005, "Macroeconomic Derivatives: An Initial Analysis of Market-Based Macro Forecasts, Uncertainty, and Risk," NBER Chapters, National Bureau of Economic Research, Inc, "NBER International Seminar on Macroeconomics 2005".
• Randolph B. Cohen & Christopher Polk & Tuomo Vuolteenaho, 2005, "Money Illusion in the Stock Market: The Modigliani-Cohn Hypothesis," NBER Working Papers, National Bureau of Economic Research, Inc, number 11018, Jan.
• Wayne E. Ferson & Andrew F. Siegel & Pisun (Tracy) Xu, 2005, "Mimicking Portfolios with Conditioning Information," NBER Working Papers, National Bureau of Economic Research, Inc, number 11020, Jan.
• Wayne E. Ferson & Andrea Heuson & Tie Su, 2005, "Weak and Semi-Strong Form Stock Return Predictability Revisited," NBER Working Papers, National Bureau of Economic Research, Inc, number 11021, Jan.
• Antonio Geldson de Carvalho & Charles W. Calomiris & Joao Amaro de Matos, 2005, "Venture Capital as Human Resource Management," NBER Working Papers, National Bureau of Economic Research, Inc, number 11350, May.
• Joshua D. Coval & Erik Stafford, 2005, "Asset Fire Sales (and Purchases) in Equity Markets," NBER Working Papers, National Bureau of Economic Research, Inc, number 11357, May.
• John Y. Campbell & Christopher Polk & Tuomo Vuolteenaho, 2005, "Growth or Glamour? Fundamentals and Systematic Risk in Stock Returns," NBER Working Papers, National Bureau of Economic Research, Inc, number 11389, Jun.
• Geert Bekaert & Campbell R. Harvey & Christian Lundblad, 2005, "Liquidity and Expected Returns: Lessons From Emerging Markets," NBER Working Papers, National Bureau of Economic Research, Inc, number 11413, Jun.
• Evgeny Lyandres & Le Sun & Lu Zhang, 2005, "Investment-Based Underperformance Following Seasoned Equity Offerings," NBER Working Papers, National Bureau of Economic Research, Inc, number 11459, Jul.
• Andrea Frazzini & Owen A. Lamont, 2005, "Dumb Money: Mutual Fund Flows and the Cross-Section of Stock Returns," NBER Working Papers, National Bureau of Economic Research, Inc, number 11526, Aug.
• Kee-Hong Bae & Rene M. Stulz & Hongping Tan, 2005, "Do Local Analysts Know More? A Cross-Country Study of the Performance of Local Analysts and Foreign Analysts," NBER Working Papers, National Bureau of Economic Research, Inc, number 11697, Oct.
• Sendhil Mullainathan & Andrei Shleifer, 2005, "Persuasion in Finance," NBER Working Papers, National Bureau of Economic Research, Inc, number 11838, Dec.
• Nicolae Garleanu & Lasse Heje Pedersen & Allen M. Poteshman, 2005, "Demand-Based Option Pricing," NBER Working Papers, National Bureau of Economic Research, Inc, number 11843, Dec.
• Xavier Gabaix & Arvind Krishnamurthy & Olivier Vigneron, 2005, "Limits of Arbitrage: Theory and Evidence from the Mortgage-Backed Securities Market," NBER Working Papers, National Bureau of Economic Research, Inc, number 11851, Dec.
• Owen A. Lamont & Jeremy C. Stein, 2005, "Investor Sentiment and Corporate Finance: Micro and Macro," NBER Working Papers, National Bureau of Economic Research, Inc, number 11882, Dec.
• Klaus Abbink & Bettina Rockenbach, 2005, "Option Pricing by Students and Professional Traders: A Behavioural Investigation," Discussion Papers, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham, number 2005-12, Jul.
• Del Brio, Esther & Elías Tobar, José, 2005, "Rentabilidad a Corto Plazo de los Insiders en los Mercados Español y Británico," Working Papers "New Trends on Business Administration". Documentos de Trabajo "Nuevas Tendencias en Dirección de Empresas"., Interuniversity Research Master and Doctorate Program (with a quality mention of ANECA) on "Business Economics", Universities of Valladolid, Burgos, Salamanca and León (Spain). Until 2008, Interuniversity Doctorate Program (with a quality mention of ANECA) “New trends in Business Administration”, Universities of Valladolid, Burgos, and Salamanca (Spain). Master en Investigación y Programa de Docto, number 2005-10, Dec.
• Del Brio, Esther & Gómez, Gerardo, 2005, "Insider trading en la banca española," Working Papers "New Trends on Business Administration". Documentos de Trabajo "Nuevas Tendencias en Dirección de Empresas"., Interuniversity Research Master and Doctorate Program (with a quality mention of ANECA) on "Business Economics", Universities of Valladolid, Burgos, Salamanca and León (Spain). Until 2008, Interuniversity Doctorate Program (with a quality mention of ANECA) “New trends in Business Administration”, Universities of Valladolid, Burgos, and Salamanca (Spain). Master en Investigación y Programa de Docto, number 2005-13, Dec.
• Horobeţ Alexandra, 2005, "Expunerea la riscul valutar a firmelor româneşti: o analiză sectorială," Revista OEconomica, Romanian Society for Economic Science, Revista OEconomica, issue 04, December.
• Hisashi Hashimoto, 2005, "Transaction Pattern and Liquidity Parameters (in Japanese)," Discussion Papers in Economics and Business, Osaka University, Graduate School of Economics, number 05-25, Sep.
• Jeeman Jung & Robert J. Shiller, 2005, "Samuelson's Dictum and the Stock Market," Economic Inquiry, Western Economic Association International, volume 43, issue 2, pages 221-228, April.
• Enrico C. Perotti, 2005, "Dominant Investors and Strategic Transparency," The Journal of Law, Economics, and Organization, Oxford University Press, volume 21, issue 1, pages 76-102, April.
• Randolph B. Cohen & Christopher Polk & Tuomo Vuolteenaho, 2005, "Money Illusion in the Stock Market: The Modigliani-Cohn Hypothesis," The Quarterly Journal of Economics, President and Fellows of Harvard College, volume 120, issue 2, pages 639-668.
• Evan W. Anderson & Eric Ghysels & Jennifer L. Juergens, 2005, "Do Heterogeneous Beliefs Matter for Asset Pricing?," The Review of Financial Studies, Society for Financial Studies, volume 18, issue 3, pages 875-924.
• Cars Hommes & Joep Sonnemans & Jan Tuinstra & Henk van de Velden, 2005, "Coordination of Expectations in Asset Pricing Experiments," The Review of Financial Studies, Society for Financial Studies, volume 18, issue 3, pages 955-980.
• Thierry Foucault & Ohad Kadan & Eugene Kandel, 2005, "Limit Order Book as a Market for Liquidity," The Review of Financial Studies, Society for Financial Studies, volume 18, issue 4, pages 1171-1217.
• Maciej Firla-CuchraTim Jenkinson, 2005, "Why Are Securitization Issues Tranched?," Economics Series Working Papers, University of Oxford, Department of Economics, number 2005-FE-04, Mar.
• Maciej Firla-Cuchra & Tim Jenkinson, 2005, "Security Design in the Real World: Why are Securitization Issues Tranched?," Economics Series Working Papers, University of Oxford, Department of Economics, number 225, Mar.
• Maciej Firla-Cuchra, 2005, "Explaining Launch Spreads on Structured Bonds," Economics Series Working Papers, University of Oxford, Department of Economics, number 230, Mar.
• Ross Jennings & Gustavo Maturana, 2005, "The Usefulness Of Chilean Inflation Accounting," Abante, Escuela de Administracion. Pontificia Universidad Católica de Chile., volume 8, issue 1, pages 85-118.
• Jorge Farinha & Miguel Sôro, 2005, "Ex-dividend pricing, taxes and arbitrage opportunities: the case of the Portuguese stock exchange," CEF.UP Working Papers, Universidade do Porto, Faculdade de Economia do Porto, number 0508, Dec.
• Carlos F. Alves & F. Teixeira dos Santos, 2005, "The Informativeness of Quarterly Financial Reporting: The Portuguese Case," FEP Working Papers, Universidade do Porto, Faculdade de Economia do Porto, number 177, Jun.
• Bardong, Florian & Bartram, Söhnke M. & Yadav, Pradeep K., 2005, "Informed Trading, Information Asymmetry and Pricing of Information Risk: Empirical Evidence from the NYSE," MPRA Paper, University Library of Munich, Germany, number 13586, Jul, revised 10 Oct 2008.
• Asimakopoulos, Ioannis & Athanasoglou, Panayiotis & Georgiou, Evangelia, 2005, "The effect of M&A announcement on Greek bank stock returns," MPRA Paper, University Library of Munich, Germany, number 16450, Jan.
• Bassler, Kevin E. & Gunaratne, Gemunu H. & McCauley, Joseph L., 2005, "Hurst exponents, Markov processes, and nonlinear diffusion equations," MPRA Paper, University Library of Munich, Germany, number 2152, Dec.
• Amihud, Yakov & Mendelson, Haim & Pedersen, Lasse Heje, 2005, "Liquidity and Asset Prices," MPRA Paper, University Library of Munich, Germany, number 24768.
• Joshi, Nayan & K.C, Fatta Bahadur, 2005, "The Nepalese stock market: Efficiency and calendar anomalies," MPRA Paper, University Library of Munich, Germany, number 26999, Apr.
• Espinosa Méndez, Christian, 2005, "Evidencia De Comportamiento Caótico En Indices Bursátiles Americanos
  [Evidence Of Chaotic Behavior In American Stock Markets]," MPRA Paper, University Library of Munich, Germany, number 2794, Oct, revised 30 Jun 2006.
• Wiszniewska-Matyszkiel, Agnieszka, 2005, "Stock market as a dynamic game with continuum of players," MPRA Paper, University Library of Munich, Germany, number 32982, revised 2006.
• Caratelli, Massimo, 2005, "Transparency between banks and their customers. information needs and public intervention," MPRA Paper, University Library of Munich, Germany, number 37108, Jan.
• Simarmata, Djamester A., 2005, "Institutions for Healthy Assets Market and Economy: A Retrospect for Indonesia before 1997," MPRA Paper, University Library of Munich, Germany, number 41843, Jul.
• Mattarocci, Gianluca, 2005, "Il rapporto tra impresa e agenzia di rating: la soluzione del multi-rating," MPRA Paper, University Library of Munich, Germany, number 4295, Jan, revised Mar 2005.
• Gallego, Oscar D, 2005, "The Day �of� The� Week Effect in the Colombia Stock Exchange," MPRA Paper, University Library of Munich, Germany, number 43112, May.
• Han, Bing & Hirshleifer, David & Wang, Tracy, 2005, "Investor Overconfidence and the Forward Discount Puzzle," MPRA Paper, University Library of Munich, Germany, number 6497, Jun, revised Dec 2007.
• Camilleri, Silvio John, 2005, "Can a Stock Index Be Less Efficient Than Underlying Shares? An Analysis Using Malta Stock Exchange Data," MPRA Paper, University Library of Munich, Germany, number 84574, Jan.
• Lukáš Vácha & Miloslav S. Vošvrda, 2005, "Dynamical Agents' Strategies and the Fractal Market Hypothesis," Prague Economic Papers, Prague University of Economics and Business, volume 2005, issue 2, pages 163-170, DOI: 10.18267/j.pep.260.
• Jan Pudlák & Pavel Neset, 2005, "ZvláŠtnosti vzniku českého kapitálového trhu
  [Specific features of the emerging of the czech capital markets]," Politická ekonomie, Prague University of Economics and Business, volume 2005, issue 1, DOI: 10.18267/j.polek.495.
• François-Louis Michaud, 2005, "Gestion d'actifs et dérivés de crédit : opportunités et incertitudes," Revue d'Économie Financière, Programme National Persée, volume 79, issue 2, pages 79-93, DOI: 10.3406/ecofi.2005.3971.
• Olivier Davanne & Thierry Pujol, 2005, "Allocation d’actifs, variation des primes de risque et benchmarks," Revue d'Économie Financière, Programme National Persée, volume 79, issue 2, pages 95-111, DOI: 10.3406/ecofi.2005.3973.
• Christian Walter, 2005, "La gestion indicielle et la théorie des moyennes," Revue d'Économie Financière, Programme National Persée, volume 79, issue 2, pages 113-136, DOI: 10.3406/ecofi.2005.3974.
• Alexander S. Sangare, 2005, "Efficience des marchés : un siècle après Bachelier," Revue d'Économie Financière, Programme National Persée, volume 81, issue 4, pages 107-132, DOI: 10.3406/ecofi.2005.4015.
• Jean Matouk & Jean-Louis Monino, 2005, "Le marché de Paris a la mémoire courte !," Revue d'Économie Financière, Programme National Persée, volume 81, issue 4, pages 133-155, DOI: 10.3406/ecofi.2005.4016.
• Eric Bayle & Marc Schwartz, 2005, "A quoi servent les analystes financiers ?," Revue d'Économie Financière, Programme National Persée, volume 81, issue 4, pages 211-235, DOI: 10.3406/ecofi.2005.4020.
• Bagnoli, Mark & Clement, Michael & Watts, Susan G., 2005, "Around-the-Clock Media Coverage and the Timing of Earnings Announcements," Purdue University Economics Working Papers, Purdue University, Department of Economics, number 1184, Dec.
• Jonathan Kearns & Phil Manners, 2005, "The Impact of Monetary Policy on the Exchange Rate: A Study Using Intraday Data," RBA Research Discussion Papers, Reserve Bank of Australia, number rdp2005-02, Apr.
• Alessio Caldarera & Celso Brunetti, 2005, "Asset Prices and Asset Correlations in Illiquid Markets," 2005 Meeting Papers, Society for Economic Dynamics, number 288.
• Joel Peress, 2005, "The Stock Market and the Allocation of Capital in a Production Economy," 2005 Meeting Papers, Society for Economic Dynamics, number 534.
• Laura Veldkamp & Stijn Van Nieuwerburgh, 2005, "Information Acquisition and Portfolio Underdiversification," 2005 Meeting Papers, Society for Economic Dynamics, number 77.
• Stéphanie Lavigne, 2005, "Modeling an Artificial Stock Market. When Cognitive Institutions Influence Market Dynamic," European Journal of Economic and Social Systems, Lavoisier, volume 18, issue 2, pages 201-232.
• Bronwyn H. Hall & Adam Jaffe & Manuel Trajtenberg, 2005, "Market Value and Patent Citations," RAND Journal of Economics, The RAND Corporation, volume 36, issue 1, pages 16-38, Spring.
• Giuseppe Garofalo & Alessandro Sansone, 2005, "Asset Price Dynamics in a Financial Market with Heterogeneous Trading Strategies and Time Delays," Working Papers in Public Economics, Department of Economics and Law, Sapienza University of Rome, number 88, Oct.
• Wolfgang Drobetz & Matthias Kammermann & Urs Wälchli, 2005, "Long-Run Performance of Initial Public Offerings: The Evidence for Switzerland," Schmalenbach Business Review (sbr), LMU Munich School of Management, volume 57, issue 3, pages 253-275, July.
• Wolfgang Schultze, 2005, "The Information Content of Goodwill-Impairments under FAS 142: Implications for External Analysis and Internal Control," Schmalenbach Business Review (sbr), LMU Munich School of Management, volume 57, issue 3, pages 276-297, July.
• C. Chiarella & C. Hsiao, 2005, "Intertemporal Asset Allocation with Inflation-Indexed Bonds," Computing in Economics and Finance 2005, Society for Computational Economics, number 168, Nov.
• Marcos Alvarez-Diaz And Alberto à Lvarez, 2005, "Speculative Strategies In The Foreign Exchange Market Based On Genetic Programming Predictions," Computing in Economics and Finance 2005, Society for Computational Economics, number 217, Nov.
• Ryuichi YAMAMOTO, 2005, "Evolution with Individual and Social Learning in an Agent-Based Stock Market," Computing in Economics and Finance 2005, Society for Computational Economics, number 228, Nov.
• Egon Zakrajsek & Andrew Levin & Roberto Perli, 2005, "The Determinants of Market Frictions in the Corporate Market," Computing in Economics and Finance 2005, Society for Computational Economics, number 379, Nov.
• Sheri Markose & Amadeo Alentorn, 2005, "Option Pricing and the Implied Tail Index with the Generalized Extreme Value (GEV) Distribution," Computing in Economics and Finance 2005, Society for Computational Economics, number 397, Nov.
• Yang Yu, 2005, "Fundamental Uncertainties and Firm-level Stock Volatilities," Computing in Economics and Finance 2005, Society for Computational Economics, number 466, Nov.
• James Stodder, 2005, "Computational Efficiency and Macroeconomic Stability under Centralized Exchange: Evidence from Swiss and US Exchange Data," Computing in Economics and Finance 2005, Society for Computational Economics, number 64, Nov.
• İsmail Aktar, 2005, "A Comparison of the Effects of the Chernobyl and Three Mile Island Nuclear Accidents on the U.S. Electric Utility Industry," Sosyoekonomi Journal, Sosyoekonomi Society, issue 2005-2.
• Neus, Werner & Walz, Uwe, 2005, "Exit timing of venture capitalists in the course of an initial public offering," Journal of Financial Intermediation, Elsevier, volume 14, issue 2, pages 253-277, April.
• Bagella, Michele & Becchetti, Leonardo & Adriani, Fabrizio, 2005, "Observed and "fundamental" price-earning ratios: A comparative analysis of high-tech stock evaluation in the US and in Europe," Journal of International Money and Finance, Elsevier, volume 24, issue 4, pages 549-581, June.