Results 1 to 10 of about 85,716 (47)
Trade networks and firm value: Evidence from the U.S.-China trade war
Journal of International Economics, 2023 We study the financial implications of the 2018-2019 U.S.-China trade war for global supply chains. Around the dates when higher tariffs are announced, U.S.
Yi Huang +3 more
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An Analysis of the Literature on International Unconventional Monetary Policy
Journal of Economic Literature, 2022 This paper evaluates the literature on international unconventional monetary policies (UMPs). Introducing market segmentation, limits-to-arbitrage, and time-consistent policy in standard models permits a theoretical role for UMP.
Saroj Bhattarai, Christopher J. Neely
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Working Remotely and the Supply-Side Impact of COVID-19
Review of Asset Pricing Studies, 2020 We analyze the supply-side disruptions associated with COVID-19. We find that sectors in which a higher fraction of the workforce is not able to work remotely experienced greater declines in employment and expected revenue growth, worse stock market ...
D. Papanikolaou, Lawrence D. W. Schmidt
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Short- and Long-Horizon Behavioral Factors
The Review of financial studies, 2019 We propose a theoretically motivated factor model based on investor psychology and assess its ability to explain the cross-section of U.S. equity returns. Our factor model augments the market factor with two factors that capture long- and short-horizon
Kent D. Daniel +2 more
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Are bond returns predictable with real-time macro data?
Journal of Econometrics, 2023 We examine whether bond returns are predictable with real-time macro variables by using two supervised learning methods, scaled PCA (sPCA) and partial least squares (PLS) instead of the usual PCA.
Dashan Huang +4 more
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Global Political Uncertainty and Asset Prices
The Review of financial studies, 2019 We show that global political uncertainty, measured by the U.S. election cycle, on average, leads to a fall in equity returns in fifty non-U.S. countries.
Jonathan Brogaard +3 more
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Monetary Policy, Segmentation, and the Term Structure
Social Science Research NetworkWe develop a segmented markets model which rationalizes the effects of monetary policy on the term structure of interest rates. As in the preferred habitat tradition, habitat investors and arbitrageurs trade bonds of various maturities.
Rohan Kekre, Moritz Lenel, F. Mainardi
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Optimal Inference for Spot Regressions
Social Science Research NetworkBetas from return regressions are commonly used to measure systematic financial market risks. “Good” beta measurements are essential for a range of empirical inquiries in finance and macroeconomics.
Tim Bollerslev, Jia Li, Yuexuan Ren
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Illiquidity and Stock Returns: Cross-Section and Time-Series Effects
, 2002 Y. Amihud
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... and the Cross-Section of Expected Returns
, 2013 Campbell R. Harvey
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