This paper examines the effects of mergers on bidding firms’ stock prices. We find evidence of merger momentum: bidder … stock prices are more likely to increase when a merger is announced if recent mergers by other firms have been received well …

-year Treasury notes, we find that the impact of trades on prices tends to become significantly stronger on stressful days …

We consider a standard cash in advance monetary model with flexible prices or prices set in advance and show that there …

Some recent empirical evidence suggests that stock prices are not properly modelled as the present discounted value of … show that the nonlinearity in the relationship between prices and dividends may arise from how managers choose dividend … payout. In particular, we propose a model of managed dividends which can explain observed long-term trends in stock prices …

restricted by federal and state laws from expanding across state lines. We examine whether bank merger prices were higher or … well as those that may provide some diversification benefits, are offered higher prices.> We find that changes in the … regulatory environment had a significant impact on bank merger activities in general, and bank merger prices in particular. For …

across the states for more timely evidence of a change in this relationship. We find some evidence that the elasticity of …

last price change. This reflects differences over time in the flexibility of prices charged by a single store for a given … substantially differs from the average of other stores. However, extreme prices typically reflect the selling store's recent nominal … adjustments rather than changes in other stores' prices. …