Economic Links and Cross-Predictability of Stock Returns: Evidence from Characteristic-Based “Styles
Sebastian Müller
Review of Finance, Volume 23, Issue 2, March 2019, Pages 363–395,
https://doi.org/10.1093/rof/rfx033
News released by one firm may contain value-relevant information also for other, economically-related firms.… Read more...
Did You See What I Saw? Interpreting Others’ Forecasts When Their Information Is Unknown
Anthony M Kwasnica; Raisa Velthuis; Jared Williams
Review of Finance, Volume 23, Issue 2, March 2019, Pages 325–361, https://doi.org/10.1093/rof/rfx0522
In many settings, people have access to a wide variety of information sources.… Read more...
Did You See What I Saw? Interpreting Others’ Forecasts When Their Information Is Unknown Read More »
We have recently updated our information for authors and referees. For authors, this explains the requirement for EU authors to provide VAT information for their institution (or confirm they are paying the submission fee privately), plus the process and timescale of any refunds (e.g.… Read more...
Important update for authors and referees Read More »
Foreign Investor Heterogeneity and Stock Liquidity around the World
Review of Finance, Volume 20, Issue 5, 1 August 2016, Pages 1867–1910,https://doi.org/10.1093/rof/rfv048
This article examines whether foreign investor heterogeneity plays a role in stock liquidity in a sample of 27,828 firms from 39 countries worldwide.… Read more...
Foreign Investor Heterogeneity and Stock Liquidity around the World Read More »
International Diversification Benefits with Foreign Exchange Investment Styles
Review of Finance, Volume 18, Issue 5, 1 August 2014, Pages 1847–1883,https://doi.org/10.1093/rof/rft047
Currency hedging strategies and their role in portfolio management have been studied extensively by researchers and practitioners alike.… Read more...
International Diversification Benefits with Foreign Exchange Investment Styles Read More »
What Do Stock Markets Tell Us about Exchange Rates?
Review of Finance, Volume 20, Issue 3, 1 May 2016, Pages 1045–1080,https://doi.org/10.1093/rof/rfv032
An investor holding foreign equities is naturally exposed to exchange rate fluctuations.… Read more...
What Do Stock Markets Tell Us about Exchange Rates? Read More »
Downside Market Risk of Carry Trades
Victoria Dobrynskaya
Review of Finance, Volume 18, Issue 5, 1 August 2014, Pages 1885–1913, https://doi.org/10.1093/rof/rfu004
According to uncovered interest parity, free capital mobility ensures that investments in different currencies with different levels of local interest rates do not consistently generate excess returns because a positive interest rate differential should be compensated by the expected exchange rate depreciation of the target currency.… Read more...
Downside Market Risk of Carry Trades Read More »
Investing in a Global World
Review of Finance, Volume 18, Issue 2, 1 April 2014, Pages 561–590,https://doi.org/10.1093/rof/rft015
There is ample evidence on the performance and persistence of funds (both retail and institutional) that invest in U.S.… Read more...
Investing in a Global World Read More »
Regulating Conflicts of Interest: The Effect of Sanctions and Enforcement
Review of Finance, Volume 18, Issue 2, 1 April 2014, Pages 489–526,https://doi.org/10.1093/rof/rft010
Over the past decades, securities firms and their analysts have been accused of producing overly optimistic research (e.g.,… Read more...
Regulating Conflicts of Interest: The Effect of Sanctions and Enforcement Read More »
Financial Sector Reform after the Subprime Crisis: Has Anything Happened?
Review of Finance, Volume 20, Issue 1, 1 March 2016, Pages 77–125,https://doi.org/10.1093/rof/rfu055
After the near-collapse of large parts of the financial system and unprecedented bail-outs in the subprime crisis, the leaders of the G20 agreed on the need to overhaul the financial system.… Read more...
Financial Sector Reform after the Subprime Crisis: Has Anything Happened? Read More »