2003

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December 2003 (to be published in April 2004) - Vassalour, Xing Default Risk in Equity Returns 

December 2003 (to be published in 2004) - Koch, Sun, Dividend Changes and the Persistence of Past Earnings Changes

December 2003 (to be published in 2004) - George, Hwang, The 52-week High and Momentum Investing 

December 2003 (published in October 2003) -  Goetznmann, Fibonacci and the Financial Revolution 

December 2003 (book published in November 2002) - Sornette, Why Stock Markets Crash: Critical Events in Complex Financial Systems  (found on the Getting Started page) 

December 2003 (published March 2003) - Lebowitz, The Role of Research in Business School Rankings

December 2003 - McDermott, Cashin, Scott, The Myth of Co-Moving Commodity Prices 

December 2003 - Zitzewitz, Measuring Herding and Exaggeration by Equity Analysts and Other Opinion Sellers  

December 2003 - Mercereau, The Role of Stock Markets in Current Account Dynamics: Some Empirical Evidence 

November 2003 - Goetzmann, Li, Rouwenhorst, Long-Term Global Market Correlations 

November 2003 - Huang, Tracking The Real Market Using A Trading Value System To Implement CAPM 

November 2003 - Peiro, Asymmetries and tails in stock index returns: are their distributions really asymmetric? (abstract only) 

November 2003 - Minor, Transcending the Active/Passive Debate (abstract only) 

November 2003 - Arnott, The Mystery of TIPS (abstract only)

November 2003 - Bernstein, Arnott, Earnings Growth: The Two Percent Dilution (abstract only) 

November 2003 (due in 2004) - Johnson, Forecast Dispersion and the Cross-section of Expected Returns 

November 2003 (published October 2003) - Shiller, The Invention of Inflation-Indexed Bonds in Early America 

November 2003 (due in 2004) -  Antweiler, Frank, Is All That Talk Just Noise? The Information Content of Internet Stock Message Boards 

November 2003 (due in 2004) - Korajczyk, Sadka, Are Momentum Profits Robust to Trading Costs? 

November 2003 - Feroli, Capital Flows Among the G-7 Nations: A Demographic Perspective 

Novermber 2003 (due in 2004) - Dammon, Spatt, Zhang, Optimal Asset Location and Allocation with Taxable and Tax-deferred Investing 

November 2003 (due in 2004) - Bansal, Yaron, Risks For the Long Run: A Potential Resolution of Asset Pricing Puzzles 

November 2003 (due in Dec. 2003) - Graham, Taxes and Corporate Finance: A Review  (abstract only)  

November 2003 - Parsley, Wei, A Prism into the PPP Puzzles: The Micro-foundations of Big Mac Real Exchange Rates  (abstract only) 

Due in 2003 - Grullon, Michaely, The Information Content Of Share Repurchase Programs 

Due in December 2003 - John Y. Campbell, Glen B. Taksler, Equity Volatility And Corporate Bond Yields 

Due in 2003 - Griffin, Harris, Topaloglu, The Dynamics Of Institutional And Individual Trading   

Due in 2003 - Alexander Kurov and Dennis Lasser, Price Dynamics in the Regular and E-Mini Futures Markets (abstract only)  

Due in 2003 - Mayhew, Mihov, How Do Exchanges Select Stocks For Option Listing? 

Due in 2003 - Barclay, Hendershott, McCormick, Competition Among Trading Venues: Information and Trading on Electronic Communications Networks 

Due in 2003 - Warren Bailey, Haitao Li, Connie X. Mao, and Rui Zhong, Regulation Fair Disclosure and Earnings Information: Market, Analyst, and Corporate Responses   

Due in 2003 - Pedro Santa-Clara and Rossen Valkanov, The Presidential Puzzle: Political Cycles and the Stock Market   

Due in 2003 - Denis, McConnell, Ovtchinnikov and Yu, S&P 500 Index Additions and Earnings Expectations 

November 2003 - Morey, Kiss of Death: A 5-Star Morningstar Mutual Fund Rating? 

November 2003- Cohen, Dey, Lys, Sunder, Blinded by the Light: Are Earnings Announcements Worth the Risk? 

November 2003 - Chae, Wang, Who Makes Markets? Do Dealers Provide or Take Liquidity? 

November 2003 - Longstaff, Piazzesi, Corporate Earnings and the Equity Premium 

November 2003 - Boulier, Bridge the Gap: Fruitful Contacts Between Finance Professionals and Academics Are Needed 

November 2003 - Driesprong, Jacobsen, Maat, Striking Oil: Another Puzzle 

November 2003 - Gabaix, Gopikrishnan, Plerou, Stanley, A Theory of Large Fluctuations in Stock Market Activity!

Fall 2003 - Jorion, The Long-Term Risks of Global Stock Markets      * * * Highly Recommended * * *

November 2003 - Barlevy, Veronesi, Rational Panics and Stock Market Crashes 

Due in October 2003 - Conrad, Cooper, Kaul, Value Versus Glamour 

October 2003 - Almazan,  Brown, Carlson, Chapman, Why constrain your mutual fund manager? 

October 2003- Campbell, Yogo, Efficient Tests of Stock Return Predictability (abstract only)

October 2003 - Gneezy, Kapteyn, Potters, Evaluation Periods and Asset Prices in a Market Experiment (abstract only) 

October 2003 - Goldstein, Fuller, Dividend Policy and Market Movements 

October 2003 - Filbeck, Preece,  Fortune's Best 100 Companies to Work for in America: Do They Work for Shareholders? 

September 2003 - Fama, French, The CAPM: Theory And Evidence

September 2003 - Morck, Percy, Tian, Yeung The History of Corporate Ownership in China

September 2003 - Dhillon, Raman, Ramirez, Analysts' Dividend Forecasts and Dividend Signaling

September 2003 - Madsen, The Macroeconomics of Share Prices in the Medium Term and in the Long Run

September 2003 - Madsen, The Equity Risk Premium and the Required Share Returns in a Tobin’s Q Model

Due in Summer 2003 - Tobias J. Moskowitz, An Analysis of Covariance Risk and Pricing Anomalies (abstract only)

 Due in July 2003 - Rajan, Raghuram G. and Zingales, Luigi, The great reversals: the politics of financial development in the 20th Century

Due in Summer 2003 - Stringham, The Extralegal Development Of Securities Trading In Seventeenth-Century Amsterdam (detailed outline of article) 

Due in Summer 2003 - Gu, The Declining January Effect: Evidences From The U.S. Equity Markets  (detailed outline of article) 

Due in 2003 - Harney, Tower, Rational Pessimism: Predicting Equity Returns Using Tobin's q and Price/Earnings Ratios 

Due in 2003 - Reinker, Tower, Predicting Equity Returns for 37 Countries: Tweaking the Gordon Formula 

Due in Summer 2003 - Santa-Clara, Valkanov, The Presidential Puzzle: Presidential Elections And The Stock Market 

Due in 2003 - Hau, Rey, Exchange Rates, Equity Prices and Capital Flows 

Due in 2003 - Goyal, Demographics, Stock Market Flows, and Stock Returns  (abstract only)   

August 2003 - Porter, Measuring Market Liquidity 

August 2003 - Kohn, Organized Markets in Pre-Industrial Europe 

August 2003 - Ferreira, Gama, Have World, Country and Industry Risk Changed Over Time? An Investigation of the Developed Stock Markets Volatility 

August 2003 - Ziaq, Chowdhry, Roll, Extracting Inflation from Stock Returns to Test Purchasing Power Parity 

August 2003 - Scheinkman, Xiong, Overconfidence and Speculative Bubbles

August 2003 - Polk, Thompson, Vuoltennaho, New Forecasts of the Equity Premium 

August 2003 - Vissing-Jorgensen, Perspectives on Behavioral Finance: Does 'Irrationality' Disappear with Wealth? Evidence from Expectations and Actions 

August 2003 - Wermers, Is Money Really 'Smart'? New Evidence on the Relation Between Mutual Fund Flows, Manager Behavior, and Performance Persistence 

August 2003 - Fernandez, 75 Common and Uncommon Errors in Company Valuation

August 2003 - Harvey, Bekaert, Lunblad, Liquidity and Expected Returns: Lessons from Emerging Markets

Summer 2003 - Case, Quigley, Shiller, Comparing Wealth Effects: The Stock Market versus the Housing Market 

Summer 2003 - Shiller, Bubbles, Human Judgment, and Expert Opinion 

Summer 2003 - Shiller, From Efficient Market Theory to Behavioral Finance  

Summer 2003 - Levy, DiGiorgi, Hens, Prospect Theory and the CAPM: A contradiction or coexistence?  

Summer 2003 - Frenkel, Pierdzioch, Stadtmann, The Effects of Japanese Foreign Exchange Market Interventions on the Yen/U.S. Dollar Exchange Rate Volatility  

July 2003 - Fama, French, Financing Decisions: Who Issues Stock? 

July 2003 - Lubos, Veronesi, Stock Prices and IPO Waves   

July 2003 - Mazzucato, The PC Industry: New Economy or Early Life-Cycle?   

July 2003 - Mizrach, The Next Tick on Nasdaq: Does Level II Information Matter? 

July 2003 - Schindler, Rumors in Financial Markets: A survey on how they evolve, spread and are traded on   

July 2003 - Luo, Chasing the Market? Driving the Market? A Study of Mutual Fund Cash Flows  

July 2003 - Luo, Asset Allocation of Mutual Fund Investors 

Summer 2003 - Curcio, Kyaw, NyoNyo, Thornton, Do Size, Book-to-Market, and Beta Factors Explain Mutual Fund Returns? (abstract only)   

Due in Summer 2003 - Ferguson, Shockley, Equilibrium Anomalies 

Due in Summer 2003 -Denis, McConnell, Ovtchinnikov, Yu, S&P 500 Index Additions And Earnings Expectations

Due in Summer 2003 - Griffin, Ji, Martin, Momentum Investing And Business Cycle Risks: Evidence From Pole To Pole

Due in Summer 2003 -  Hasbrouck, Intraday Price Formation In U.S. Equity Index Markets

Due in Summer 2003 - Gompers, Lerner, The Really Long-Run Performance Of Initial Public Offerings: The Pre-Nasdaq Evidence   

Due in Summer 2003 - Connolly, Stivers, Momentum And Reversals In Equity-Index Returns During Periods Of Abnormal Turnover And Return Dispersion

Due in Summer 2003 - Callaghan, Barry, Tax-Induced Trading Of Equity Securities: Evidence From The ADR Market

Due in Summer 2003 - Brav, Lehavy, An Empirical Analysis Of Analysts' Target Prices: Short-Term Informativeness And Long-Term Dynamics

June 2003 - Corrado, Miller, The Forecast Quality of CBOE Implied Volatility Indexes 

June 2003 -Gadi, Veronesi, Rational Panics and Stock Market Crashes

June 2003 - Kelly, Real and Inflationary Macroeconomic Risk in the Fama and French Size and Book-to-Market Portfolios 

June 2003 - Coronado, Perozek, Wealth Effects and the Consumption of Leisure: Retirement Decisions During the Stock Market Boom of the 1990s 

May 2003 - Bradshaw, Richardson, Sloan, Pump and Dump: An Empirical Analysis of the Relation Between Corporate Financing Activities and Sell-side Analyst Research 

May 2003- Bushee, Raedy, Factors Affecting the Implementability of Stock Market Trading Strategies 

May 2003- Jones, Pomorski, Investing in Disappearing Anomalies

May 2003 - Ghosn, Gu, Jain, Price-earnings Multiples and Sustained Earnings and Revenue Growth 

May 2003 - Ang, Maddaloni, Do Demographic Changes Affect Risk Premiums? Evidence from International Data 

May 2003 - Hong, Kubik, Stein, The Neighbor's Portfolio: Word-of-Mouth Effects in the Holdings and Trade of Money Managers

May 2003 -  Lillo, Farmer, Mantegna, Econophysics: Master curve for price-impact function (abstract only)

April 2003 - Wermers, Kosowski, Timmermann, White, Can Mutual Fund "Stars" Really Pick Stocks? New Evidence from a Bootstrap Analysis 

April 2003 - Spiegel, Mamaysky, Zhang, Estimating the Dynamics of Mutual Fund Alphas and Betas  

April 2003 - Hou, Moskowitz, Market Frictions, Price Delay, and the Cross-Section of Expected Returns  

April 2003 - Laubach, New Evidence on the Interest Rate Effects of Budget Deficits and Debt  

April 2003 - Brav, Graham, Harvey, Michaely, Payout Policies in the 21st Century (abstract only)

Spring 2003- Hirschey, Extreme Return Reversal in the Stock Market (abstract only) 

Due in Spring 2003 - Moeller, Molina, Survival And Default Of Original High-Yield Bonds

Due in 2003 - Pastor, Stambaugh, Liquidity Risk and Expected Stock Returns (title only)

Due in 2003 - Abel, The Effects Of A Baby Boom On Stock Prices And Capital Accumulation In The Presence Of Social Security  (title only)

Due in Spring 2003 - Campbell, Equity Volatility And Corporate Bond Yields 

Due in Spring 2003 - Ferson, Sarkissian, Simin, Spurious Regressions In Financial Economics? 

Due in Spring 2003 - Lynch, Musto, How Investors Interpret Past Fund Returns

Due in Spring 2003 - Cornelli, Goldriech, Bookbuilding: How Informative Is The Order Book?

Due in 2003 - Chan, Stock Price Reaction To News And No-News: Drift And Reversal After Headlines 

March 2003 - Rajnish Mehra and Edward Prescott, Equity Premium in Retrospect (abstract only) 

March 2003 -Spiegel, Mamaysky, Estimating the Dynamics Of Mutual Fund Alphas and Betas 

March 2003 - Derman, The Boy's Guide To Pricing & Hedging 

Due in March 2003 - Brockman, Turtle, A Barrier Option Framework For Corporate Securities Valuation

Due in March 2003 - Kamstra, Kramer, Levi, Winter Blues: SAD Stock Market Cycle (abstract only)

March 2003 - Barth, Hutton, Analyst Earnings Forecast Revisions and the Pricing of Accruals

March 2003 - Dowling, Lucey, The Role of Feelings in Investor Decision-Making

March 2003 - Oltheten, Theoharakis, Travlosf, Faculty Perceptions and Readership Patterns of Finance Journals: A Global View 

February 2003 - Fama, French, New Lists: Fundamentals and Survival Rates 

February 2003 - Ilmanen, Expected Returns On Stocks and Bonds (abstract only) ****Highly Recommended****

February 2003 - Scott, Stumpp, Overconfidence Bias In International Stock Prices (abstract only) 

February 2003 - Ibbotson, Chen, Long-Run Stock Returns: Participating in the Real Economy (abstract only)

February 2003 - Arnott, Asness, Surprise! Higher Dividends = Higher Earnings Growth (abstract only) 

February 2003 - Phillips, The Laws And Limits Of Econometrics 

February 2003 - Sack, A Monetary Policy Rule Based on Treasury Yields 

February 2003 - Carpenter, Lange, Money Demand and Equity Markets 

February 2003 - Goldman, Slezak, Delegated Portfolio Management And Rational Prolonged Mispricing   

Winter 2003- Scott, Stumpp, Xu, Overconfidence Bias In International Stock Prices (abstract only) 

Winter 2003 - Hoisington,  Hunt, Estimating The Stock/Bond Risk Premium (abstract only) 

February 2003 - Hong, Kubak, Analyzing The Analysts: Career Concerns And Biased Earnings Forecasts   

February 2003 - Detemple, Garcia, Rindisbacher, A Monte Carlo Method For Optimal Portfolios 

Due in 2002/2003 - Goyal, Santa-Clara, Idiosyncratic Risk Matters!  

Due in 2002/2003 - Hirshleifer, Shumway, Good Day Sunshine: Stock Returns And The Weather * * * Highly Recommended * * *

Due in 2002/2003 - Eraker, Johannes, Polson, The Impact Of Jumps In Volatility And Returns  

Due in 2002/2003 - Cohen, Polk, Vuolteenaho, The Value Spread

January 2003 - Brav, Lehavy, Michaely, Expected Return And Asset Pricing

January 2003 - Huddart. Lang, Yetman, Psychological Factors, Stock Price Paths, And Trading Volume 

January 2003 - Ferson, Tests Of Multifactor Pricing Models, Volatility Bounds And Portfolio Performance (abstract only) 

January 2003 - Cohen, Coval, Pastor, Judging Fund Managers by the Company They Keep 

Janaury 2003 -Goetzmann, Massa: Index Funds and Stock Market Growth (toc only) 

January 2003 - Coval, Hirshleifer, Shumway, Can Individual Investors Beat The Market?

Winter 2003 - Arshanapalli, Coggin, Nelson, The January Effect And The Value Growth Premium (abstract only)

Winter 2003 - Bein, Wander, Luck Versus Skill: Evaluating An Investment Manager's Track Record (abstract only)

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