Similar Search Results

Is the integration of world asset markets necessarily beneficial in the presence of monetary shocks?

Tille, Cédric (contributor) - 2000 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001527601

Bank integration and business volatility

Morgan, Donald P. (contributor); Rime, Bertrand (contributor) - 2000 - [Elektronische Ressource]

Triocole (1997), we conclude that the theoretical effect of integration on business cycle size is ambiguous, because some … shocks are dampened by integration while others are amplified. Empirically, we find that integration diminishes employment … cycles within states become smaller with integration, but more alike. Our results for the United States bear on the financial …

Persistent link: https://www.econbiz.de/10001590074

Research papers on international integration of financial markets and U.S. monetary policy

1987

Persistent link: https://www.econbiz.de/10003411653

Stock market reaction to financial statement certification by bank holding company CEOs

Hirtle, Beverly J. (contributor) - 2003 - [Elektronische Ressource]

In 2002, the Securities and Exchange Commission mandated that the chief executive officers of large, publicly traded firms certify the accuracy of their company financial statements. In this paper, I investigate whether CEO certification has had a measurable effect on the stock market valuation...

Persistent link: https://www.econbiz.de/10001783071

Common determinants of bond and stock market liquidity : the impact of financial crises, monetary policy, and mutual fund flows

Chordia, Tarun (contributor); Sarkar, Asani (contributor); … - 2001 - [Elektronische Ressource]

We study common determinants of daily bid-ask spreads and trading volume for the bond and stock markets over the 1991-98 period. We find that spread changes in one market are affected by lagged spread and volume changes in both markets. Further, spread and volume changes are predictable to a...

Persistent link: https://www.econbiz.de/10001629622

Fifteen minutes of fame? : the market impact of internet stock picks

Antunovich, Peter (contributor); Sarkar, Asani (contributor) - 2003 - [Elektronische Ressource]

We examine 120 Nasdaq and Over-the-Counter "buy" recommendations made by Internet sites from April 1999 to June 2001. The stock picks show substantial short- and long-run price and liquidity gains, although no new information is revealed about them. For example, liquidity one year after the pick...

Persistent link: https://www.econbiz.de/10001751980

An empirical analysis of stock and bond market liquidity

Chordia, Tarun (contributor); Sarkar, Asani (contributor); … - 2003 - [Elektronische Ressource]

This paper explores liquidity movements in stock and Treasury bond markets over a period of more than 1800 trading days. Cross-market dynamics in liquidity are documented by estimating a vector autoregressive model for liquidity (that is, bid-ask spreads and depth), returns, volatility, and...

Persistent link: https://www.econbiz.de/10001752003

Evaluating the riskiness of initial public offerings: 1980 - 2000

Peristiani, Stavros C. (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001752009

Evidence on stock market speculative bubbles: Japan, United States and Great Britain

Hardouvelis, Gikas A. - Federal Reserve Bank of New York - 1988

Persistent link: https://www.econbiz.de/10005512246

Identifying noise traders: the head-and-shoulders pattern in U.S. equities

Osler, C. L. - Federal Reserve Bank of New York - 1998

This paper identifies a specific set of agents as noise traders in U.S. equity markets, and examines their effects on returns. These agents, who speculate using the "head-and-shoulders" chart pattern, are shown to qualify as noise traders because (1) trading volume is exceptionally high when...

Persistent link: https://www.econbiz.de/10005420491