We investigate fragility linkages among national banking sectors in the euro area during the crisis years 2007–2010. We find that their number increased sharply with the outbreak of the subprime crisis in the US in the first half of 2007 and then remained at a relatively constant and high...

I test whether more investor attention leads to a better exploitation of arbitrage opportunities and, in turn, to less mispricing of American Depositary Receipts (ADRs). Using data on 536 stocks I find that more investor attention significantly reduces ADR mispricing.