This paper studies the impact of the disposition effect on the return predictability before and during the global financial crisis periods. It uses data of 104 French financial institutions' stocks over the period January 2001-December 2009. To construct behavioral factor, the capital...

The international capital market integration and currency crises of the last decade have renewed the debate on optimal exchange rate regimes. Research is mixed regarding what their effect has been on the system of exchange rate regimes and the anchor currencies at the centre of the system. The...