Zobrazeno 1 - 10
of 47
pro vyhledávání: '"Adlai J. Fisher"'
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::afa175fb875e24259c1b26b13f4bac44
https://doi.org/10.2139/ssrn.4393194
https://doi.org/10.2139/ssrn.4393194
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ecbcbec51c30f661dcc42fb07206177e
https://doi.org/10.2139/ssrn.4228738
https://doi.org/10.2139/ssrn.4228738
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a1c199ef2ae29b8e5167c4b38d9c7e7f
https://doi.org/10.2139/ssrn.4218260
https://doi.org/10.2139/ssrn.4218260
Publikováno v:
Meteorological Applications. 27
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e18cb23ca43ecc0f9d90c3be3805784a
https://doi.org/10.1002/met.1873
https://doi.org/10.1002/met.1873
Publikováno v:
Journal of Financial and Quantitative Analysis. 53:937-963
This paper specifies term structure dynamics by a recursive cascade of heterogeneously persistent factors. The cascade naturally orders economic shocks by their adjustment speeds, and generates smooth interest-rate curves in closed form. For a class
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::7415bba2a78cac4797357a21bdf0faf4
https://doi.org/10.1017/s0022109018000030
https://doi.org/10.1017/s0022109018000030
Publikováno v:
Review of Financial Studies. 29:2241-2281
We characterize linkages between average returns calculated at different horizons. Theoretically, when stocks incorporate information slowly, average short-horizon returns are downward biased. Buy-and-hold strategies can amplify the effect. In contra
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::47292b973f11268c8ebc6fbe3e52e17e
https://doi.org/10.1093/rfs/hhw024
https://doi.org/10.1093/rfs/hhw024
Publikováno v:
SSRN Electronic Journal.
We construct indices of media attention to macroeconomic risks including employment, growth, inflation, monetary policy, and oil prices. Attention rises around macroeconomic announcements and following changes in fundamentals over quarterly, annual,
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::dd53a697571f2784eb467156a2bc8deb
https://doi.org/10.2139/ssrn.2703978
https://doi.org/10.2139/ssrn.2703978
Publikováno v:
Journal of Financial Economics. 102:363-389
Unconditional alphas are biased when conditional beta covaries with the market risk premium (market timing) or volatility (volatility timing). We demonstrate an additional bias (overconditioning) that can occur any time an empiricist estimates risk u
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::54863d4523aba7d9cf8dfdecf3cf752f
https://doi.org/10.1016/j.jfineco.2011.06.002
https://doi.org/10.1016/j.jfineco.2011.06.002
Publikováno v:
Review of Financial Studies. 23:4026-4077
We theoretically and empirically investigate firm-level risk dynamics around seasoned equity offerings (SEOs). Empirically, beta increases before SEOs and decreases gradually thereafter. Using real options theory, commitment-to-invest generates a gra
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::9fff174fcd872b9af36f992dd3cedd97
https://doi.org/10.1093/rfs/hhq083
https://doi.org/10.1093/rfs/hhq083
Autor:
Robert Heinkel, Adlai J. Fisher
Publikováno v:
Journal of Economics & Management Strategy. 17:489-540
We investigate truth-telling by an informed insider, or manager, who repeatedly forecasts cash flows to competitive investors in a standard message game. The insider cannot trade on or sell private information, but faces imperfectly hedgeable nonwage
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::befd87e91e782f9124a39563eb2787b9
https://doi.org/10.1111/j.1530-9134.2008.00185.x
https://doi.org/10.1111/j.1530-9134.2008.00185.x