Results 61 to 70 of about 845 (205)

When the Fed Sneezes, What Stock Market Catches the Cold?

International Finance, EarlyView.
ABSTRACT This paper identifies three indicators of monetary policy surprises—unexpected changes in the federal funds rate, forward guidance and large‐scale asset purchases—and examines their effects on international stock prices using an intraday event study approach.
Carlo Rosa
wiley   +1 more source

Total expense ratio analysis of exchange traded funds / Biržoje prekiaujamų fondų (ETF) bendrojo išlaidų rodiklio tyrimas

Mokslas: Lietuvos Ateitis, 2011
As virtual discussion about passive versus active investment heats up, ETF instruments being second biggest investment vehicle (after mutual funds) in United States receive more and more attention. In this paper we perform a cross section, type and style
Lukas Macijauskas
doaj   +1 more source

Intrastate Truck Driver Pay and Safety: A Longitudinal Analysis

Industrial Relations: A Journal of Economy and Society, EarlyView.
ABSTRACT Truck drivers, their employers, and the public bear the costs of large truck crashes. Prior research finds that truck drivers tend to have fewer crashes when they are paid more, yet much of the U.S. industry operates with low pay and high turnover.
Kevin Conner, Walter Ryley, Michael Belzer   +2 more
wiley   +1 more source

The Agencies of the European Union: A Glimmer of Hope for Enlargement?

JCMS: Journal of Common Market Studies, EarlyView.
Abstract In recent years, the process of EU enlargement has become increasingly difficult. The longer the process drags on and the less likely accession appears, the more the candidate states are discouraged and the less influential the EU becomes. A different approach to integration must therefore be used.
Matis Poussardin
wiley   +1 more source

Short-term overreaction in equity ETFs following extreme one-day returns

Revista Contabilidade & Finanças, 2019
This paper investigates the short-term price predictability of US equity Exchange Trade Funds (ETFs) in reaction to one-day extreme returns. We also assess the cross-section features associated to price overreaction following extreme price movements. The
Júlio Lobão, Ana Isabel Costa
doaj   +1 more source

(In)Efficiencies in Latin American ETFs

Cuadernos de Administración, 2017
Este estudio evalúa empíricamente la eficiencia en la valoración de varios ETFs latinoamericanos, expresada en desviaciones de sus precios de mercado frente a los valores liquidativos subyacentes. Se cuantifican tales ineficiencias y se implementa una estrategia de negociación verificada por regresiones basadas en el CAPM y el Modelo Fama-French.
Yvonne Kreis, Johannes W. Licht, Alejandro J. Useche   +2 more
openaire   +4 more sources

Central Bank Purchases and Corporate Bond Issuance during the Pandemic: The Case of Japan

Journal of Financial Research, EarlyView.
Abstract In its massive purchases of corporate bonds during the COVID‐19 pandemic, the Bank of Japan set the maximum eligible remaining maturity at 5 years. I document that during the postpandemic period, Japanese firms increased bond issuance, with the increase concentrated in (1) issuance of bonds with eligible maturities (1–5 years) and (2 ...
Yusuke Tsujimoto
wiley   +1 more source

Creating Optimal Risk-Return Portfolios With Arbitrage Mechanism Using Exchange Traded Funds

Maliye ve Finans Yazıları
Exchange traded funds (ETFs) are one of the latest financial innovations widely regarded as significantly better investments than mutual funds due to their lower fee structure and tax efficiency.
Pegah Sobati, Ayben Koy
doaj   +1 more source

Social media, high‐frequency trading, and market making after‐hours – Evidence from presidential tweets

Journal of Financial Research, EarlyView.
Abstract I analyze differences between the core and extended trading sessions in the high‐frequency reaction of equity markets to potential news. Using presidential tweets as unanticipated, potentially market‐stirring events, I find that volatility increases and liquidity deteriorates within fractions of a second after a tweet.
Stefan Scharnowski
wiley   +1 more source

Short selling ETFs and market performance

Journal of Financial Research, EarlyView.
Abstract We examine short selling activity in leveraged Exchange‐Traded Funds (ETFs) and its impact on underlying index performance. Using a novel measure of ETF short exposure, which includes long positions in inverse leveraged ETFs, we document that high short exposure is associated with positive performance in the subsequent period.
Doina C. Chichernea, Alex Petkevich, Kainan Wang   +2 more
wiley   +1 more source