trading turnover as a measure of liquidity and the 1976-1993 Tokyo Stock Exchange data, I find that, cross-sectionally, stocks … with higher turnover tend to have a lower expected return. This evidence is consistent with predictions derived from an … Amihud-Mendelson type of transaction cost model in which the turnover measures investors’ trading frequency. The trading …

In this paper, I examine the impact of employer-provided health benefits on job turnover. Because many employer … portability of health plans. The estimates suggest that spouse-provided benefits substantially increase the likelihood of turnover. …

associated with the Terrorist Attacks of the 11th of September of 2001, in the USA, in terms of the development of contagion … response functions are used. The occurrence of contagion is ratified by the results, starting from the terrorist attacks in the …

2002. We test for financial contagion from the Argentine crisis and the impact of factors including IMF intervention and …

This paper presents a model on contagion in nancial markets. We use a bank run framework as a mechanism to initiate a …

In this paper we test for contagion within the East Asian region, contagion being defined as a significant increase in … omitted variable respectively. The null of interdependence against the alternative of contagion is then tested as an over … corresponding to the beginning of the contagion period, and finally we impose more plausible restrictions in order to identify the …