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Persistent link: https://www.econbiz.de/10003499182
We study the perceived discrepancy between power conference and mid-major college football teams by examining outcomes … power conference teams play mid-major teams. We examine all regular season games from the 2002-2011 seasons and find power … over a ten-year period. We find that consistently betting power conference teams will cover point spreads when facing mid …
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This empirical study employs a different methodology to examine the change in wealth associated with mergers and acquisitions (M&As) for US firms. Specifically, we employ the standard CAPM, the Fama-French three-factor model and the Carhart four-factor models within the OLS and GJR-GARCH...
Persistent link: https://www.econbiz.de/10009474832
We test for and model the volatility jumps for three major indices of the Athens Stock Exchange (ASE). Using intra-day data we first construct several, state-of-the-art realized volatility estimators. We use these estimators to construct the jump components of volatility and perform various...
Persistent link: https://www.econbiz.de/10009429084
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organizational rigidities also affect R&D investment. A semiparametric estimator of sample selection is employed to control for …
Persistent link: https://www.econbiz.de/10010856400
This paper explores whether the level of financial integration of banks in a country increases the incidence of systemic banking crises. The paper uses a de facto proxy for financial integration based on network statistics of banks participating in the global market of interbank syndicated...
Persistent link: https://www.econbiz.de/10010943839
This paper presents an analytical overview of recent contributions to the literature on the policy implications of capital flows in emerging and developing countries, focusing specifically on capital inflows as well as on the links between inflows and subsequent capital-flow reversals. The...
Persistent link: https://www.econbiz.de/10010944057