, with a primary focus on the relative effects of positive and negative events. Positive or negative bias of such spill …-overs could impact the relative speed and depth of recessions versus recoveries. We find that such bias varies across countries …

countries, we investigate empirically if there is systematic evidence for a home bias in sovereign ratings. Specifically, we use … explained by the fundamentals of rated countries, our results provide empirical support for the existence of a home bias in … sovereign ratings. We find that the bias becomes more accentuated following the onset of the Global Financial Crisis and appears …

unsolicited bank ratings, however, we find strong evidence that rating conservatism is an important cause. The downward bias also …

purposes. As some academic articles pointed out, the world of hedge fund indices is very heterogeneous. So the empirical …

, i.e. look-ahead bias free, trading strategy that yields annual excess returns of 11.5% before transactions costs during …

The World's best equity analysts are based in Asia – these analysts are better at forecasting stock prices than their …