Narrow search
Showing 1 - 10 of 104
Cover Image
False (and Missed) Discoveries in Financial Economics
Harvey, Campbell R. - 2020
The multiple testing problem plagues many important issues in finance such as fund and factor selection. Many look good purely by luck. There are a number of statistical techniques to control for multiplicity that reduce Type I errors - but it is unknown by how much. We propose a new way to...
Persistent link: https://www.econbiz.de/10012853426
Cover Image
Lucky Factors
Harvey, Campbell R. - 2020
Identifying the factors that drive the cross-section of expected returns is challenging for at least three reasons. First, the choice of testing approach (time-series versus cross-sectional) will deliver different sets of factors. Second, varying test portfolio sorts changes the importance of...
Persistent link: https://www.econbiz.de/10012856431
Cover Image
The impact of the Federal Reserve Bank's open market operations
Harvey, Campbell R.; Huang, Roger D. - In: Journal of financial markets 5 (2002) 2, pp. 223-257
Persistent link: https://www.econbiz.de/10001657154
Cover Image
Access to liquidity and corporate investment in Europe during the financial crisis
Campello, Murillo; Giambona, Erasmo; Graham, John R.; … - In: Review of finance : journal of the European Finance … 16 (2012) 2, pp. 323-346
Persistent link: https://www.econbiz.de/10009533375
Cover Image
Liquidity and expected returns : lessons from emerging markets
Bekaert, Geert; Harvey, Campbell R.; Lundblad, Christian - 2006
Persistent link: https://www.econbiz.de/10003395337
Cover Image
Liquidity and expected returns : lessons from emerging markets
Bekaert, Geert; Harvey, Campbell R.; Lundblad, Christian - In: The review of financial studies 20 (2007) 6, pp. 1783-1831
Persistent link: https://www.econbiz.de/10003621249
Cover Image
Liquidity and expected returns : lessons from emerging markets
Bekaert, Geert; Harvey, Campbell R.; Lundblad, Christian - 2005
Persistent link: https://www.econbiz.de/10002932418
Cover Image
Liquidity and Expected Returns : Lessons from Emerging Markets
Bekaert, Geert - 2012
Given the cross-sectional and temporal variation in their liquidity, emerging equity markets provide an ideal setting … to examine the impact of liquidity on expected returns. Our main liquidity measure is a transformation of the proportion … of zero daily firm returns, averaged over the month. We find that our liquidity measures significantly predict future …
Persistent link: https://www.econbiz.de/10012755671
Cover Image
Liquidity and Expected Returns : Lessons From Emerging Markets
Bekaert, Geert - 2005
Given the cross-sectional and temporal variation in their liquidity, emerging equity markets provide an ideal setting … to examine the impact of liquidity on expected returns. Our main liquidity measure is a transformation of the proportion … of zero daily firm returns, averaged over the month. We find that our liquidity measures significantly predict future …
Persistent link: https://www.econbiz.de/10012467266
Cover Image
Access to Liquidity and Corporate Investment in Europe During the Financial Crisis
Campello, Murillo - 2011
dry up during the crisis and provided the liquidity that firms used to cope with this exceptional contraction. In … particular, credit lines provided the liquidity companies needed to invest during the crisis …
Persistent link: https://www.econbiz.de/10013132469