Zobrazeno 1 - 10
of 106
pro vyhledávání: '"Stephen A. Karolyi"'
Publikováno v:
Journal of Accounting Research.
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
Review of Accounting Studies. 27:185-230
We propose that extrapolative beliefs about earnings announcement (EA) returns may contribute to the understanding of EA return patterns. We construct a theoretically motivated measure of extrapolative investors’ expectations based on a stock’s r
Publikováno v:
Journal of Financial and Quantitative Analysis. 57:207-239
We use a threshold-based design to study ex post discretion in lenders’ contractual enforcement of covenant violations. At preset thresholds, lenders enforce contractual breaches only infrequently, but this enforcement is associated with material c
Publikováno v:
Review of Finance. 25:745-775
We study whether and how publicizing internal information affects the value of financial markets to the real economy. By publicizing corporate filings, the Securities and Exchange Commission’s EDGAR (Electronic Data Gathering, Analysis, and Retriev
Autor:
Ding Du, Stephen A Karolyi
Publikováno v:
SSRN Electronic Journal.
Between 2010 and 2020, the U.S. coal industry experienced a 50% drop in production, employment, and active mines, driven by regulatory factors and technological innovation in alternative energy sources. We study the impact of this energy transition o
Autor:
Stephen A. Karolyi, Ivan Ivanov
Publikováno v:
SSRN Electronic Journal.
We study the real effects of resolving distressed banks using quasi-experimental variation in resolutions introduced by a threshold-based rule of the FDIC Improvement Act. Our fuzzy regression discontinuity estimates indicate that resolutions lead to
Autor:
Emilio Bisetti, Stephen A. Karolyi
Publikováno v:
SSRN Electronic Journal.
We present three findings on the effects of environmental regulation on the municipal bond market. First, yields increase (decrease) after a new standard is proposed (finalized), consistent with the resolution of regulatory uncertainty. Second, aroun
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::32b276c49191737d30ee7c211bbb0a14
https://doi.org/10.3386/w28210
https://doi.org/10.3386/w28210
Publikováno v:
SSRN Electronic Journal.
We provide causal evidence of the deposits channel of monetary policy transmission in a new setting, but show that bank entry can reduce or even reverse the relationship between deposit market structure and monetary policy pass-through. We build a si