Recent publications

Beber, A., Driessen, J., Neuberger, A.  and Tuijp, P., `Pricing Liquidity Risk with Heterogeneous Investment Horizons,' Journal of Financial and Quantitative Analysis

Beck, T. , Silva, A. and Da-Rocha-Lopes, S., `Sharing the Pain? Credit Supply and Real Effects of Bank Bail-ins,' The Review of Financial Studies

Blouin, J., Fich, E. M., Rice, E. and Tran, A., `Corporate Tax Cuts, Merger Activity, and Shareholder Wealth,' Journal of Accounting and Economics

Colacito, R., Riddiough, S. J. and Sarno, L., `Business Cycles and Currency Returns,' Journal of Financial Economics

Della Corte, P., Kozhan, R. and Neuberger, A., `The Cross-Section of Currency Volatility Premia,' Journal of Financial Economics

Fang, B., Hope, O-K., Huang, Z.  and Moldovan, R., `The Effects of MiFID II on Sell-Side Analysts, Buy-Side Analysts, and Firms,' Review of Accounting Studies

Fullwood, J., James, J. and Marsh, I. W., `Volatility and the cross-section of returns on FX options,' Journal of Financial Economics

Keswani, A. , Tran, A.  and Volpin, P., `Institutional Debt Holdings and Governance,' Journal of Financial and Quantitative Analysis

Lasfer, M. , Golubov, A. and Vitkova, V., `Active catering to dividend clienteles: Evidence from takeovers,' Journal of Financial Economics

Neuberger, A.  and Payne, R. G., `The Skewness of the Stock Market at Long Horizons,' The Review of Financial Studies

Tian, H., Yim, A.  and Newton, D., `Tail-Heaviness, Asymmetry, and Profitability Forecasting by Quantile Regression,' Management Science

Accominotti, O., Cen, J., Chambers, D. and Marsh, I.W,,  `Currency regimes and the carry trade' Journal of Financial and Quantitative Analysis

Bergamelli, M., Bianchi, A., Khalaf, L. and Urga, G.,  `Combining P-values to Test for Multiple Structural Breaks in Cointegrated Regressions,' Journal of Econometrics

Buchuk, D., Larrain, B., Prem, M. and Urzúa, F., `How Do Internal Capital Markets Work? Evidence from the Great Recession,' Review of Finance

Golubov, A. and Konstantinidi, T., `Where Is the Risk in Value? Evidence From a Market-to-Book Decomposition,' The Journal of Finance

Jung, J. H. , Kumar, A., Lim, S. S. and Yoo, C-Y., `An Analyst by Any Other Surname: Surname Favorability and Market Reaction to Analyst Forecasts,' Journal of Accounting and Economics

Liu, Y., Huang, Z. , Jiang, L. and Williamson, M., `Are Investors Warned by Disclosure of Conflicts of Interest? The Moderating Effect of Investment Horizon,' The Accounting Review

Makinen, T., Sarno, L.  and Zinna, G., `Risky Bank Guarantees,' Journal of Financial Economics

Mikkelsen, J. G., Hillebrand, E. and Urga, G., `Consistent Estimation of Time-Varying Loadings in High-Dimensional Factor Models,' Journal of Econometrics

Černý, A.  and Melicherčík, I., `Simple Explicit Formula for Near-Optimal Stochastic Lifestyling,' European Journal of Operational Research

Otto C, Volpin P, 'Marking to Market and Inefficient Investment Decisions,' Management Science

Kraft A, Vashishta R and Venkatachalam M, 'Frequent Financial Reporting and Managerial Myopia,' Accounting Review

Beck T, Degryse H, De Haas R, and van Horen, 'When Arm’s Length Is Too Far. Relationship Banking over the Credit Cycle', Journal of Financial Economics, 127 (1), pp. 174-96.

Beck T, Ioannidou V, and Schaefer L, 'Foreigners vs. Natives: Bank Lending Technologies and Loan Pricing,' Management Science, forthcoming.

Bruche M and Segura A, ‘Debt Maturity and the Liquidity of Secondary Debt Markets,’ Journal of Financial Economics 124(3), pp. 599-613.

Favara G, Morellec E, Schroth E, and Valta P, 'Debt Enforcement, Investment, and Risk Taking Across Countries,' Journal of Financial Economics 123(1), pp. 22-41.

Menkhoff L, Sarno L, Schmeling M and Schrimpf A, ‘Currency Value,’ Review of Financial Studies 30(2), pp. 416–41.

Keswani A, Stolin D, and Tran A, 'Frenemies: how do financial firms vote on their own kind?,' Management Science, 63 (3), pp. 631-54.

Dessaint O, Golubov A, Volpin P, ‘Employment Protection and Takeovers,’ Journal of Financial Economics, 125 (2), pp. 369-88.

Abbassi P, Iyer R, Peydró J L and Tous F R, 'Securities trading by banks and credit supply: Micro-evidence from the crisis,' Journal of Financial Economics 121(3), pp.569-94.

Acharya V, Pagano M, and Volpin P, 'Seeking Alpha: Excess risk taking and competition for managerial talent,' Review of Financial Studies 29(10), pp. 2565-99.

Della Corte P, Ramadorai T, and Sarno L, 'Volatility Risk Premia and Exchange Rate Predictability,' Journal of Financial Economics 120(1), pp. 21-40.

Della Corte P, Riddiough SJ and Sarno L, ‘Currency Premia and Global Imbalance,’ Review of Financial Studies 29(8), pp. 2161-93.

Menkhoff L, Sarno L, Schmeling M, and Schrimpf A, 'Information flows in foreign exchange markets: Dissecting customer currency trades,' Journal of Finance 71(2), pp. 601-34.

Fich, E.M., Rice, E.M. and Tran, A.L., 'Contractual revisions in compensation: Evidence from merger bonuses to target CEOs', Journal of Accounting and Economics 61(2-3), pp. 338-368.

Beber A, Brandt M, Luisi M, 'Distilling the Macroeconomic News Flow', Journal of Financial Economics 117(3), pp. 449-670.

Cespa G, Vives, X, ’The Beauty Contest and short-term trading', Journal of Finance 70(5), pp. 2099-2154.

Albuquerque R, Schroth E, 'The Value of Control and the Costs of Illiquidity', Journal of Finance 70(4), pp.1405-1455.

Fich E M, Harford J, and Tran A L, 'Motivated monitors: the importance of institutional investors’ portfolio weights', Journal of Financial Economics 118, pp. 21-48

Ohlson JA and Bilinski P, ‘Risk Versus Anomaly: A New Methodology Applied to Accruals,’ Accounting Review 90(5), pp. 2057-77.

Simintzi E, Vig V, Volpin P, 'Labor Protection and Leverage', Review of Financial Studies 28(2), pp. 561-91.