Sunday, May 24, 2020

Essay about Deaf Again - 1433 Words

Book Report on Deaf Again The book, Deaf Again, written by Mark Drolsbaugh, is an autobiography telling his life story which starts with a young boy growing up who goes through the process of losing his hearing and then, as he gets older, he struggles with trying to fit in as a normal child. When Mark was very young, he could hear fairly well then gradually he went hard of hearing until he eventually went completely deaf. Even though he had two deaf parents, the doctors advised speech therapy and hearing aids because they did not understand Deaf Culture and they thought that Mark would be a lot happier if he could hang on to his hearing persona. Throughout the rest of the book, Mark goes through a lot of stages of trying to fit in†¦show more content†¦Marks grandfather tested him by saying a sentence and seeing if he could repeat it, which he could, then his grandfather would cover his mouth and repeat the same sentence, but this time Mark had no idea what his grandfather was saying. Mark came to the realization that all along he had been reading peoples lips and he never even knew it. After this discovery, Marks grandfather took him to all kinds of doctors trying to find a solution to his hearing loss; a solution that would never come. The doctors told the family, including Marks deaf parents, not to use ASL in his presence and they would try to force him to hear. He went through all sorts of surgeries where the doctors tried to put tubes in his ears and he was also fitted with all different kinds of hearing aides. None of these solutions were the right ones because Mark still wasnt able to hear. Mark was always forced into situations where everyone would be talking in group conversations and having a good, old time while he just sat there pretending like he knew what was going on. For half of his life, this kind of thing happened constantly where Mark would have to act like something he is not. A year or so after Mark was diagnosed, it was obvious that Mark could not survive at Houston School so his grandfather looked around for the best and discovered Plymouth Meeting Friends School (PMFS). Mark was afraid that everyone would judge him at a new school, but he wasShow MoreRelatedDeaf Again Essay615 Words   |  3 Pagesyou were stupid just because you are unable to hear? Well Mark Drolsbaugh experienced that first hand. He explains his story of how he dealt with his hearing loss in his novel Deaf Again. The book begins with a small child who could hear just fine, but as the story progresses he becomes hard of hearing and eventually deaf. All this happens with in a couple of years. Mark realized that he had a hearing problem in the first grade when he was presenting a toy for show and tell. Another student askedRead MoreEssay on Deaf Again730 Words   |  3 PagesAfter reading Deaf Again I learned a lot of new things I didnt know about Deaf culture and was drawn in by the story of Mark Drolsbaugh. The hardest fight a man has to fight is to live in a world where every single day someone is trying to make you someone you do not want to be Ââ€" e.e cummings. I was brought into the book immediately from this quote and realized how difficult it must have been for Mark to find his identity. He was trying to hang on to his hearing in fear of going deaf as if thereRead MoreDeaf Again By Mark Drolsbaugh1581 Words   |  7 PagesDeaf Again is an autobiography written by Mark Drolsbaugh. In this book he begins at his birth, goes on to explain what it was like to lose his hearing, and details how this impacted and affected his life. Around the time Mark was in first grade, he began to realize that he was losing his hearing when he began having difficulty hearing some of his fellow students. His hearing continued to deteriorate until he was left completely deaf. This was very tough for Mark, because even though his parentsRead MoreDeaf Again By Mark Drolsbaugh1511 Words   |  7 PagesIn Mark D rolsbaugh’s book, Deaf Again, he is able to bring the reader through his life struggles and triumphs as a member of the Deaf community. There were three major themes that reoccurred throughout his life. These themes consist of communication barriers, a negative image on deafness, and limitations on social experiences. An example of communication barriers starts in the beginning with his birth. From the beginning, he talked about how his parents struggled to communicate with the doctors whenRead MoreDeaf Again By Mark Drolsbaugh Essay2338 Words   |  10 PagesIn the novel â€Å"Deaf Again† by Mark Drolsbaugh, the reader is taken on a journey through the life of the author himself, from birth all the way to present day. Drolsbaugh, a once hearing child but now Deaf adult, takes readers through the struggles and situations he faced as a child born into the Deaf culture, yet still forced to try and suppress his deafness when his ability to hear started to decline. The au thor shares his experiences of becoming â€Å"deaf again†, and how he had to learn for himselfRead MoreDeaf Again By Mark Drolsbaugh Essay1560 Words   |  7 PagesIn Mark Drolsbaugh’s educational and witty autobiography â€Å"Deaf Again†, he describes his journey as a child born to deaf parents, losing his own hearing in his childhood, and navigating both hearing and deaf worlds while trying to discover his identity. In the first chapter, Drolsbaugh tells the story of his own childbirth. His mother Sherry’s childbirth experience was traumatic, to say the very least. Her needs and comfort were disregarded repeatedly by doctors and nurses alike, simply because theyRead MoreDeaf Again by Mark Drolsbaugh Essay1477 Words   |  6 Pages The book, Deaf Again, written by Mark Drolsbaugh, is an autobiography telling his life story which starts with a young boy growing up who goes through the process of losing his hearing and then, as he gets older, he struggles with trying to fit in as a normal child. When Mark was very young, he could hear fairly well then gradually he went hard of hearing until he eventually went completely deaf. Even though he had two deaf parents, the doctors advised speech therapy and hearing aids becauseRead More Deaf Again by Mark Drolsbaugh Essay713 Words   |  3 Pages  Ã‚  Ã‚  Ã‚  Ã‚   After reading Deaf Again I learned a lot of new things about Deaf culture and was drawn in by the story of Mark Drolsbaugh. The hardest fight a man has to fight is to live in a world where every single day someone is trying to make you someone you do not want to be e.e cummings. I was brought into the book immediately from this quote and realized how difficult it must have been for Mark to find his identity. He was trying to hang on to his hearing in fear of going deaf as if there was somethingRead MoreEssay on Deaf Again by Mark Drolsbaugh740 Words   |  3 PagesDeaf Again by Mark Drolsbaugh   Ã‚  Ã‚  Ã‚  Ã‚  Born hearing to deaf, signing parents, Mark gradually lost his hearing. Despite the fact that his deaf parents preferred sign communication, Mark was raised and educated without the use of sign language. His parents and grandparents were concerned that sign might interfere with speech and restrict his educational achievement. Although Mark became increasingly hard-of-hearing, he worked hard to pass as a hearing person. This ambition, he later discovered,Read MoreAnalysis of Mark Drolsbough ´s Deaf Again781 Words   |  4 Pagesautobiography Deaf Again, Mark Drolsbaugh writes about his life being born hearing, growing up hard of hearing, to eventually becoming deaf. By writing this book, he helps many people view from his perspective on what it is like for someone to struggle trying to fit in the hearing society. Through his early years, his eyes were closed to the deaf world, being only taught how to live in a hearing world. Not only does the book cover his per sonal involvement, but it covers some important moments in deaf history

Wednesday, May 13, 2020

Gillette Marketing Plan - 687 Words

Managerial Marketing Marketing Plan Questions for Discussion 1. Evaluate product innovation at Gillette throughout its history. Has Gillette been a victim of its own success? Has product innovation in the wet-shaving market come to an end? Explain. While evaluating the product innovation at Gillette throughout its history, it is easy to relate to the companies ups and downs, as well as its struggles. Especially in the younger developmental years, we see the resilience of the company and the drive that was necessary in order to continue operations. These hardships pushed the company to continue to refine its product and mine for new innovations. It was stated that the Gillette Company lead the personal care and grooming industry†¦show more content†¦Overall, one-upmanship can be deadly to both companies whom constantly try to outdo themselves and also offer better prices. The primary reason why this can be deadly is by cutting profit margins thinner and thinner. Ultimately price is what sells and item and not quality, especially if the quality is marginal. You don’t have to go far to see this classical struggle. Gas stations are a prime example of one-upmanship. Profit margins on gas are noted to be very thin. If you consider gas station prices on neighboring stations, they are typically very close if not the same. These stations have effectively locked themselves into a commitment to match or exceed their competitor’s price in order to draw higher sales, because ultimately what sells gas at neighboring gas stations is the best price. 3. What actions would you recommend over the next five years that would help Gillette maintain its worldwide dominance in the shaving market? What specific marketing program discussions would you recommend? Should Gillette be worried about Schick? Explain. Over the next five years, it is recommended that Gillette continue innovation. Innovation is key in any market; you must continue to exceed customer expectation while continuing to meet basic needs. Over the next five years, it is also important to keep up with changes in market demands and also listening to consumer feedback. Marketing programs that involve getting guys to try their newShow MoreRelatedGillette Marketing Plan1878 Words   |  8 PagesTHE GILLETTE COMPANY MARKETING PLAN Second year of Mach3 in the market. 1. Executive Summary * The major goal is to meet the sales volume (unit and US$14400 MM) as well as estimated profits US$ 2880 MM which represents 24% of sales. * Consolidate Mach3 as a successful launch, with the objective of recovering the investment in 2 years. * Minimize the effect the higher price of Mach3 might have in foreign markets. * Make consistent efforts in allRead More Gillette Marketing Plan Essay989 Words   |  4 PagesGillette Marketing Plan Gillettes $9.2 billion global business began on September, 1901 by the name of American Safety Razor Company. In 1902 it was names Gillette Safety Razor Company. The Gillette Company today is the global market leader in nearly a dozen major consumer products categories, principally in the grooming, alkaline battery and oral care businesses. It is the largest known company for producing razors and other shaving products. The five different business units Gillette focusesRead MoreAnalysis of Gillette Case1083 Words   |  5 PagesMARKETING ASSIGNMENT: GILLETTE CASE 1. Analyze Gillette’s planning and control systems These two management tools provide the company with the necessary information to run the different SBU’s from a marketing point of view. They are complementary to a such extent that they need each other to be meaningful. The planning system is focused on the creation of marketing strategies and marketing actions to develop the brands, based on information gathered a priori. Based on it, the companyRead MoreGillette Cassette Case1398 Words   |  6 Pages1. Should Gillette enter the cassette market at all? Gillette Safety Razor Division (SRD) would be foolish to not enter the cassette market at this time in the game. With the established and well-trusted brand name on it’s side, Gillette will be able to exploit the undeveloped marketed to it’s fullest potential. The way that Gillette can accomplish this is by utilizing some of it’s biggest and strongest assets to overcome what the consultants believe are the three major problems in the industry:Read MoreGillette Case Analysis1125 Words   |  5 PagesGillette Case Analysis Key Marketing Issue/Challenge The key marketing challenge for Gillette is the company’s ever expanding product line. In the past few years, the Gillette brand has grown considerably. The company has released many new high-performance grooming products for men. The challenge in introducing a large number of new products in a short period of time is being able to properly market each one. It is difficult to release and market one new product, but if manyRead MoreThe Gillette s Vice Of The Disposable Crown Cork Bottle Cap987 Words   |  4 Pages King Camp Gillette was born in Fond du Lac, Wisconsin in 1855. At the early age of 16 he became a traveling salesman where he met William Painter, the inventor of the disposable Crown Cork bottle cap. This friendship ignited Gillette’s passion for invention and entrepreneurship. In 1895 he had an idea of a disposable razor blade. The problem was how to make the blades thin enough and at a price low enough to be profitable. Then in 1901 Gillette met an MIT graduate by the name of William NickersonRead MoreGillette Case Study Hbr1410 Words   |  6 PagesDivision A Group 5 Gillette’s Marketing Strategy for Indonesia Executive summary The analysis has been done to achieve the country manager, Chester Allan’s objective to increase the market share by 19% through identifying the new customer segments, and increase brand loyalty. The problems faced while achieving the objective are as follows: * The rural population in Indonesia is unaware of the modern shaving trends and therefore do not add to the total sales of the company. With time, whenRead MoreGillette Case - Launch of Sensor814 Words   |  4 PagesMarketing Strategy and Plan – Session 6 Gillette’s Launch of Sensor The introduction of the Sensor Shaving System, one of the biggest product launches ever, forced Gillette to reevaluate its strategy in its shaving and non-shaving business. It had to decide whether to go ahead with the launch and if so, at what scale. Gillette’s top management had to make very important decisions regarding the launch of its Sensor line. They are questioning, on which markets to focus their launch, how aggressiveRead MoreRazor and Gillette1020 Words   |  5 PagesANALYSIS I. Statement of the Problem How can Gillette Company maintain and improve its profitability? II. Objective 1. To reinvigorate the blade-and-razor system market while keeping the lead in the disposable razor market. 2. To develop strategies that will continue to sustain and increase the market share. 3. To maximize the profitability of the company. III. Analysis of Case Facts/SWOT Analysis Strengths 1. Gillette invented the blade-and-razor system. 2. Has alwaysRead MoreQuality at Gillette Essay1642 Words   |  7 PagesQuality at Gillette Argentina Shanean Newton Benedictine University Abstract Flexible and appropriate leadership styles can be learned and are essential in total quality management. Gillette changes in culture and operations in terms of choice, practice and payoff contributed to the overall company’s success. The changing business environment required a new definition of quality that allows managers to approach quality in a way that creates value and

Wednesday, May 6, 2020

A Golden Age 1960s Free Essays

The 1960s era, commonly referred to as the â€Å"Golden Age†, represents a fascinating turning point for economic and post war policies world over. It was a decade stretch that lasted soon after the Second World War to initial oil crisis that began in 1973. Recognized economists, politicians and senior government officials have deliberated upon the socio-economic policies and their consequences during that period. We will write a custom essay sample on A Golden Age: 1960s or any similar topic only for you Order Now There has been much speculation concerning whether there were errors in the 1960s economic policies that could have contributed to the great inflation of the 1970s. Key players’ roles in that era’s major economic decisions are scrutinized to establish their positive and negative contributions to the great economic boom and the negatively perceived inflation. Some of these figures included Lord O’Brien who was the Bank of England’s Governor between 1966 and 1973. The considerations were both from an official or a political position held by the individuals. However, even with the inflation, the 1960s decade seem to be an economic golden age as viewed from the 1990s perspective due to the major economic reformations and inventions that took place during the period. It is in this respect regarded as an economic apogee whose high/crest preceded the tribulations decent that followed. National income’s growth rate was faster than ever in history (Jason, 2001, p.45). The unemployment level in Britain for example remained below 2.5% of the total labour. In many instances, it remained below 2%, far much below the proceeding two decades. For most of this golden decade, the inflation averaged below 4% even though it was a reason for major concern especially as it rose to between 5-6% in and within the last 2 years of the decade. The 1967 balance of payments devaluation particularly led to surplus that was very healthy after it was affected to abide to post war years problems. Generally, 1960s is regarded as a social and economic policy experimental period where major innovations took place and resulted to admirably noteworthy economic revolutions. In Britain for example the endless departures successions in the countries fiscal policies including gains in capital tax, regulatory tax, selective employment and corporation tax were major economic factors on the one side of the ledger whereas grants on investments and regional employment premiums comprised the other (Diller, 1995, p.23). The National Plan and the National Economic Development Council were the major economic organs of the government that attempted to accelerate the economic growth rate especially through the use of long successive experimentation of income policies to control inflation. Industrial restructuring was done through the industrial reconstruction corporation as a concerted effort to have an overhaul of the industrial. The 25% premium surrender on investment currency on temporary surcharged imports played a vital role in the balance of payments operations as efforts were made to join the European Community. Other methods included opening of new universities as well as relaxation of procedures of Open University Learning system. This was facilitated by relaxations in the â€Å"permissiveness† law. However, the golden age survivors usually do not see back to it with any particular individual resounding success. Most of them don’t have the feeling that they had singularly been carried or blessed for the successes but are sometimes retrospective on the fact that this period was also characterized by crises especially the balance of payments crisis. Notably, the long uncertainties of currency, the 1968 catastrophic prediction of the following years and the long deferred 1967 devaluation to reduce difficulties in the balance of payments were some of these crises. And several years later, a number of the 1960s experiments were abandoned (Caircross, 1992, p.13). Furthermore, the 1990s reappearances of difficulties in the balance of payments may perhaps revive the experiments and crises of the 1960s. Considering for example the narrowly fixed exchange rate limits within the European monetary system, and the external deficit that is enormously increasing, the temptation to revert to the golden age policies and innovations is quite strong. Britain’s dilemma comes from an inclination of great magnitude of restoring her competitive power. Other countries of the world have also experienced these difficulties as well although different world industrial economies experience substantiated differential effects. This is especially considering the fact that continental countries had a faster growth rate as compared to the UK but in the 1950s they grew less fast than the UK did. All countries therefore had their unique problems. Paris experienced riots and a strike that almost brought the government down early in 1968, between 1969-70 Germany suffered a great inflation than at any other time after the war whereas French franc devalued within one year after the sterling pound and again towards the end of the golden decade (Stuart, 1999, p.32). How to cite A Golden Age: 1960s, Papers

Monday, May 4, 2020

Case Study of Kim Fuller Essay Example For Students

Case Study of Kim Fuller Essay Scholar Alert: Bank capital, competition and loan spreads M Fischer, S Steffen 2010 Page 1. Bank capital, competition and loan spreads Markus Fischer ? Sascha Steffen †  August 22, 2010 Abstract This paper empirically investigates whether well-capitalized banks charge higher spreads using a dataset of all Commentary: Monetary Policy after the Fall JB Taylor, C Bean 2010 Louis Review, May June 2010, 165-176 Taylor, John B. (2010c), â€Å"The Fed Michael Woodford (Eds. ), Handbook of Monetary Economics, 3, Elsevier, forthcoming, 2010 Volker o Macroeconomic Modelling and Policy Analysis Manuscript, Center for Financial Studies, Frankfurt Diagnosing Affine Models of Options Pricing: Evidence from VIX G Li, C Zhang 2010 Page 1. Diagnosing Affine Models of Options Pricing: Evidence from VIX Gang Li and Chu Zhang ? August 2010 ? Hong Kong Baptist University and Hong Kong University of Science and Technology. Ad- dress correspondence to Chu Zhang via E-mail: [emailprotected] h k. Page 2. The Value Spread: A Puzzle F Belo, C Xue, L Zhang 2010 Page 1. The Value Spread: A Puzzle Frederico Belo? University of Minnesota Chen Xue†  University of Michigan Lu Zhang†¡ Ohio State University and NBER August 2010 § Abstract The standard dynamic investment model fails A Simple Model of the Firm Life Cycle KR Schenk-Hoppea, U Schwerib 2010 Page 1. Working Paper Series _____ National Centre of Competence in Research Financial Valuation and Risk Management CREATES Research Paper 2010-49 M Expectations, A Uncertainty, ET Premia 2010 Ng (2009), so that our factor differs from earlier proxies in the bond literature. The paper proceeds as follows. The next section selectively eviews related literature, Section 3 describes the construction of our proxy for term premium expectations, Section 4 details the data Corporate Venture Capital and the Acquisition of Entrepreneurial Firms. DF Benson 2010 When to ally when to acquire. Harvard Business Review, 82(7/8): 109. Gompers, PA, Lerner, J. 1998. Adverse selection and MA design: The roles of alliances and IPOs. Journal of E conomic Behavior Organization, forthcoming. Reuer, JJ, Ragozzino, R. 2008. Valuation and Risk Assessment of Pension Benefit Guarantee Commitments H Andersson 2010 Page 1. Journal of Money, Investment and Banking ISSN 1450-288X Issue 15 (2010)  © EuroJournals Publishing, Inc. 2010 http://www. eurojournals. com/JMIB. htm Valuation and Risk Assessment of Pension Benefit Guarantee Commitments On the Economic Consequences of Index-Linked Investing J Wurgler MacKinlay, A. Craig, K. Ramaswamy. Index-Futures Arbitrage and the Behavior of Stock Index Futures Prices. Review of Financial Studies 1 (1988), pp. 137-158. â€Å"The Index Premium and Its Hidden Cost for Index Funds. † Journal of Empirical Finance, forthcoming. How Wise are Crowds? Insights from Retail Orders and Stock Returns E Kelley, PC Tetlock Page 1. Electronic copy available at: http://ssrn. com/abstract=1668706 How Wise Are Crowds? Insights from Retail Orders and Stock Returns August 2010 Eric K. Kelley and Paul C. Tetlock * University of Arizona and Columbia University Abstract Rights offerings and corporate financial condition. I Explanation Heron, RA and E. Lie, 2002, A Comparison of the Motivations for and the Information Content of Different Types of Equity Offerings, Journal of Business (Forthcoming). An Investigation of the Information Content of New Security Issues, Review of Financial Studies 9, 109-139 Banking competition, monitoring incentives and financial stability TQA Vo The above considerations suggest some advantages of constructing a richer setup to 1 We learn this expression from Padoa-Schioppa (2001). 2 For excellent review of this literature, see Carletti (2008), Carletti and Vives (2009). 2 Page 5. Macro Expectations, Aggregate Uncertainty, and Expected Term Premia CD Dick, M Schmeling, A Schrimpf Ng (2009), so that our factor differs from earlier proxies in the bond literature. The paper proceeds as follows. The next section selectively reviews related literature, Section 3 describes the construction of our proxy for term premium expectations, Section 4 details the data Noisy Prices and Inference Regarding Returns EN Asparouhova, H Bessembinder, I Kalcheva specific volume and skewness, prior returns, and the Amihud (2002) illiquidity measure. This paper is organized as follows. In the next section we review some of the relevant literature. The empirical methodology and explanatory variables used are introduced in Section III. .. Securitization Rating Performance and Agency Incentives D Roesch, H Scheule of St. Gallen, Leibniz University Hannover, Macquarie University, Melbourne Centre for Financial Studies and The University of Melbourne as well as the discussants of various conferences for valuable comments. The paper Titel: Default risk sharing between banks and markets: the contribution of †¦ L Impressum, U EconStor August 18, 2005 forthcoming in: The Risks of Financial Institutions, edited by Mark Carey and Rene Stulz Abstract We also gratefully acknowledge financial support by Deutsche Forschungsgemeinschaft and by the Center for Financial Studies at Frankfurts Goethe University. Titel: Return predictability and stock market crashes in Autoren: Luders, Erik Franke †¦ L Impressum, U EconStor Page 1. Return Predictability and Stock Market Crashes in a Simple Rational Expectations Model ? Gunter Franke †  and Erik Luders †¡ This draft: September 21, 2005 ? We are grateful to Axel Adam-Muller, Yacine Ait-Sahalia Fools or Crooks: Testing for Fraud in the Residential Mortgage Market P Carrillo See, for example, Gerardi, Shapiro, and Willen (2007), Danis and Pennington-Cross (2008), Glaeser, Gyourko and Saiz (2008), Haughwout, Peach, and Tracy (2008), Mayer, Pence, and Sherlund (2008), Demyanyk and van Hemert (forthcoming), Gerardi, Lehnert, and Firm Boundaries Matter: Evidence from Conglomerates and R Activity A SERU Page 1. Electronic copy available at: http://ssrn. com/abstract=972056 Firm Boundaries Matter: Evidence from Conglomerates and R Activity AMIT SERU? This version: AUGUST, 2010 JEL Classification: G34, L22, L25, L26, O31, O32 Labor Unemployment Risk and Corporate Financing Decisions AK Agrawal, DA Matsa Page 1. Labor Unemployment Risk and Corporate Financing Decisions * Ashwini K. Agrawal†  and David A. Matsa†¡ August 27, 2010 Abstract This paper examines the impact of labor unemployment risk on corporate financing decisions. Scholar Alert: The effect of attention on buying behavior during a financial crisis: Evidence from †¦ HY Yu, SF Hsieh International Review of Financial Analysis, 2010 Just how much do individual investors lose by trading? Review of Financial Studies 22, 609-632. Bateman, H. , Islam, T. , Louviere, J. , 2010. Journal of Banking and Finance, forthcoming. Chordia, T. , Roll, R. , Subrahmanyam, A. , 2002. Tax avoidance, cost of debt and shareholder activism: Evidence from Korea Y Lim Journal of Banking Finance, 2010 publication. As a service to our customers we are providing this early version of the manuscript. The manuscript will undergo copyediting, typesetting, and review of the resulting proof before it is published in its final form. Please Internal Capital Market and Dividend Policies: Evidence From Business Groups R Gopalan, V Nanda, A Seru 2010 Page 1. Electronic copy available at: http://ssrn. om/abstract=639184 Internal Capital Market and Dividend Policies: Evidence From Business Groups ? Radhakrishnan Gopalan, Vikram Nanda, and Amit Seru August, 2010 ? Acknowledgements Does the cost of capital differ across countries? RM Stulz Kang, J. -K. , and R. Stulz, 1995, How different is Japanese corporate finance? , Review of Financial Studies, forthcoming. Kato, K. , and JS Shalh eim, 1992, Public and private placements of seasoned equity issues in Japan, unpublished working paper, University of Utah. Optimal Capital Structure, Endogenous Bankruptcy, and the Term Structure of †¦ E Lel, KB Toft, HE Leland 984. 62, A Markov model for the term structure of credit spreads,† Review of Financial Studies 10(2 – Jarrow, Lando, et al. 1997. Cash infusion and distressed real estate, Real Estate Economics 24. Forthcoming – Cornell, Longstaff, et al. 1996. Governance reform and IPO underpricing M Ekkayokkaya, T Pengniti Thailands major governance reform. We review related literature and develop our Page 7. 5 3. Related literature and hypothesis development In this section, we briefly review the arguments as well as evidence in favor of and against securities market regulation. Whats IVol Got to Do With It? S Ramu Thiagarajan, Y Li The Journal of Investing Volatility Puzzle: Time Trend or Speculative Episodes? † Review of Financial Studies, 23 (2010 â€Å"Idiosyncratic Return Volatility, Cash Flows, and Product Market Competition. † Review of Financials the Last Four Decades. † Journal of Accounting and Economics, forthcoming, 2010. The Economics of Badmouthing: Libel Law and the Underworld of the Financial †¦ V Bignon, M Flandreau We end with conclusions and extensions. Our analysis has broader implications for the funding of a high-quality press (a public good), and we review possible For England, we use the Tercentenary handlist of English Welsh newspapers, magazines reviews which gives a What Drives Security Issuance Decisions: Market Timing, Pecking Order, or Both? M Dong, I Loncarski, J ter Horst, C Veld Section 5 concludes. 2 Literature Review and Hypotheses 2. 1 Previous Research on Security Issuance There is a vast literature on security issuance. In this section we provide a brief review of the papers most directly related to our hypotheses. The Role of Securitization in Bank Liquidity and Funding Management E Loutskina For a review of this literature, see Bernanke and Blinder (1992), Bernanke and Gertler (1995), and Kashyap and Stein (1994). The empirical evidence is shown in Kashyap and Stein (1995, 2000), Jayaratne and Morgan (2000), and Krishnan and Opiela (2000). Page 6. 4 Form Over Matter: Differences in the Incentives to Convert Using Full Versus Partial †¦ O Erhemjamts, RD Phillips Page 1. Electronic copy available at: http://ssrn. com/abstract=1653412 Form over Matter: Differences in the Incentives to Convert Using Full versus Partial Demutualization in the US Life Insurance Industry * Otgontsetseg Erhemjamts†  Bentley University Scholar Alert: CONFLICTING FAMILY VALUES IN MUTUAL FUND FAMILIES U Bhattacharya, JH Lee, VK Pool 2010 Page 1. CONFLICTING FAMILY VALUES IN MUTUAL FUND FAMILIES* Utpal Bhattacharya Indiana University [emailprotected] edu Jung Hoon Lee Indiana University [emailprotected] edu Veronika Krepely Pool Indiana University [emailprotected] edu Abstract Conference Presentations and the Disclosure Milieu BJ Bushee, MJ Jung, GS Miller Ann Arbor, 2010 Page 1. Conference Presentations and the Disclosure Milieu Brian J. Bushee The Wharton School University of Pennsylvania 1300 Steinberg-Dietrich Hall Philadelphia, PA 19104-6365 [emailprotected] upenn. edu Michael An empirical analysis of the volatility spillover effect between primary stock markets †¦ J Keac, L Wangb, L Murraya Journal of Chinese Economic and Business Studies, 2010 Page 1. Journal of Chinese Economic and Business Studies Vol. 8, No. 3, August 2010, 315–333 An empirical analysis of the volatility spillover effect between primary stock markets abroad and China Jian Keac*, Liming Wangb and Louis Murraya A Meta-Analysis of the Equity Premium C van Ewijk, HLF de Groot, C Santing 2010 Meta-analysis provides us with a toolkit of statistical techniques enabling a quantitative review As such, it complements narrative reviews. 2 Meta-analysis originated in the experimental sciences and was later on extended to fields such as the medical sciences Interbank market integration, loan rates, and firm leverage A Popov, S Ongena Journal of Banking Finance, 2010 publication. As a service to our customers we are providing this early version of the manuscript. The manuscript will undergo copyediting, typesetting, and review of the resulting proof before it is published in its final form. Please KRANNERT SCHOOL OF MANAGEMENT M Faccio, MT Marchica, R Mura 2010 Page 1. KRANNERT SCHOOL OF MANAGEMENT Purdue University West Lafayette, Indiana Large Shareholder Diversification And Corporate Risk- Taking By Mara Faccio Maria-Teresa Marchica Roberto Mura Paper No. 1241 Date: July, 2010 Institute for Research in the ANew CORE INFLATION INDICATOR FOR TURKEY N Tekatl? 2010 Page 1. Central Bank Review Vol. 10 (July 2010), pp. -21 ISSN 1303-0701 print / 1305-8800 online  © 2010 Central Bank of the Republic of Turkey http://www. tcmb. gov. tr/research/review/ ANEW CORE INFLATION INDICATOR FOR TURKEY Necati Tekatl? * CREATES Research Paper 2010-41 OE Barndorff–Nielsen, FE Benth, AED Veraart 2010 Before introducing ambit fields, let us review the exisiting literature on direct modelling of forward prices in commodity markets, ie the approac h where one is not starting out with a specification of the underlying spot dynamics. Liquidity Coinsurance and Bank Capital F Castiglionesi, F Fariozzi 2010 Page 1. www. bundesbank. de Conference on â€Å"Liquidity and Liquidity Risks† Frankfurt am Main, 23-24 September 2010 Fabio Castiglionesi Tilburg University Fabio Fariozzi Tilburg University Gyongyi Loranth University of Vienna Loriana Pellizon University of Venice Internationalized firms in the financial crisis W Luo, H Yue, L Zhao conditions are deteriorating. The rest of the paper is organized as follows. The next section reviews the literature and develops our hypotheses. Page 5. 5 concludes the paper. 2. Literature Review and Hypothesis Development 2. . Internationalization and Firm Performance Sortino Ratio R Investments Financial Analysts Journal (forthcoming). (4. 36/year); ELING, M. and F. SCHUHMACHER, 2007. Portfolio Performance Manipulation and Manipulation-Proof Performance Measures >unizh. ch . Review of Financial Studies. Short Term Interest Rate and Market Price of Risk Evolution M Parametrization–Mahdavi Using proxies for the short-term rate: when are three months like an instant? Review of Financial Studies, 12, 763? 806. Christiansen (2005). Forthcoming in International Journal of Applied and Theoretical Finance, 7(5), 577? 589. Life-cycle dynamics in industrial sectors: The role of banking market structure/ †¦ RG Rajan Anti-Competitive Financial Contracting: The Design of Financial Claims. Journal of Finance (forthcoming). Capital Structure and Product Market Behaviour: An Examination of Plant Exit and Investment Decisions. Review of Financial Studies, Fall 1997, 10(3), pp. Titel: Stock market integration between three CEECs, Russia and the UK PDF Logo †¦ L Impressum, U EconStor Stock Markets, Empirical Economics, forthcoming. Felices, G. , Grisse, C. and J. Yang (2009), â€Å"International financial transmission: emerg- across international stock markets†. Review of Financial Studies, 3, 2, 281-307. Titel: Competition and relationship lending: Friends or foes? PDF Logo Autoren: †¦ L Impressum, U EconStor 1Degryse and Ongena (2008) and Strahan (2008) provides reviews of the literature on interbank competition, bank structure and lending policy 2On the contrary, the models developed by Dinc (2000) and Yafeh and Yosha (2001) predict that banks investments in relationship Value at Risk and Optimum Asset Allocation in Stock-Bond Portfolio Before and †¦ P Silvapulle, XB Chen Page 1. Electronic copy available at: http://ssrn. com/abstract=1663492 1 Value at Risk and Optimum Asset Allocation in Stock-Bond portfolio before and after the Global Financial Crisis: Empirical Evidence from Australia and G7 Countries Disproportional Ownership Structure and Pay-Performance Relationship: Evidence †¦ X Pan, GG Tian, J Cao performance for extracting great cash flows. The rest of the paper proceeds as follows: Section 2 reviews the relevant literature; Page 9. 2. Literature review The extant studies document two effects of disproportional ownership structure on corporate governance. Analyzing Asymmetric Dependence in Equity Market: Approach with Multivariate †¦ S Rachev, S Stoyanov, FJ Fabozzi, EW Sun Page 1. Electronic copy available at: http://ssrn. com/abstract=1663060 Analyzing Asymmetric Dependence in Equity Market: Approach with Multivariate Skewed Students t Copula Edward W. Sun Institute for Statistics and Mathematical How do firms make capital structure decisions? T Vermaelen, M Xu Page 1. Electronic copy available at: http://ssrn. com/abstract=1349003 1 How do firms make capital structure decisions? Evidence from acquisitions, buybacks and equity issues Theo Vermaelen and Moqi Xu* INSEAD, Fontainebleau Cedex, France How Value-at-Risk Creates Wrong Incentives and a Solution. A Bloechlinger, B Maire Page 1. Electronic copy available at: http://ssrn. com/abstract=1663358 How Value-at-Risk Creates Wrong Incentives and a Solution? Andreas Blochlinger†  Zurcher Kantonalbank Basile Maire†¡ University of Zurich, Zurcher Kantonalbank This Version: August 22, 2010 ] Scholar Alert: How Passive are International ETFs? A Study of their Intraday behaviour PM Shum 2010 Quantitative Analysis, forthcoming. Hamao, Y. , Ronald Masulis, Victor Ng. 1990. VCorrelations in Price Changes and Volatility Across International Stock Markets. V Review of Financial Studies, vol. 3:281(307. Jares, Timothy E. and Angeline M. Lavin. 2004. THE PARTYS OVER: THE ROLE OF EARNINGS GUIDANCE IN UNRAVELING †¦ N Seybert, HI Yang, JS McInnis, K Rennekamp, A †¦ 2010 earnings guidance. Forthcoming, Review of Accounting Studies. Cotter, J. , Tuna, I. , and Wysocki, P. 2006. Consumer confidence and asset prices: Some empirical evidence. Review of Financial Studies, 19(4), 1499-1529. Livnat, J. , and Petrovits, C. 2009. GIOVANNI DELLARICCIA D IGAN, LUC LAEVEN Lessons from the Financial Crisis: Causes, †¦, 2010 6683, and Lender Behavior over the Credit Cycle, IMF Working Paper, forthcoming. 175 Laevens research has been published in top academic journals, including the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies. Analytical Procedures for Continuous Data Level Auditing: Continuity Equations †¦ MA Vasarhelyi, J Wu 2010 The remainder of this paper is organized as follows. Section 2 provides a review of the relevant literature in auditing, CA, business processes and AP upon which our work is II. Literature Review This paper draws from and contributes to multiple streams of literature in system POLICY INSIGHT No. 50 X Vives World, 2010 In short, capital requirements plus appropriate supervision and market discipline were considered the main ingredients of a sound banking system. With the arrival of the global financial crisis, all this is now under review. Figure 5. Share of CR5 as a % of total assets. . Credit Risk and IFRS: The Case of Credit Default Swaps G Bhat, JL Callen, D Segal 2010 In addition, we contribute to the literature by showing that differential timeliness and transparency are important determinants of credit risk. In what follows, Section 2 provides the literature review and develops the hypotheses 2. Literature Review and Hypotheses Development 4 Does Consistency Predict Accuracy of Beliefs? : Economists Surveyed About PSA N Berg, G Biele, G Gigerenzer 2010 Gintis (forthcoming) allows that many important decisions may not have well-specified state spaces or well-defined probabilities, which he says calls for extensions of the Bayesian model to those challenging contexts, but with the Bayesian model serving as the singular BANK CEOS, INSIDE DEBT COMPENSATION, AND THE GLOBAL FINANCIAL †¦ F TUNG, XUE WANG 2010 Page 1. BANK CEOS, INSIDE DEBT COMPENSATION, AND THE GLOBAL FINANCIAL CRISIS FREDERICK TUNG AND XUE WANG * JUNE 2010 ABSTRACT Bank executives compensation has been widely identified as a culprit in the Global Financial Crisis. Capital Requirements and Credit Rationing I Agur DNB Working Papers, 2010 Page 1. D N B W o r k iN g P a P e r DNB Working Paper Capital Requirements and Credit Rationing Itai Agur No. 257 / August 2010 Page 2. Working Paper No. 257/2010 August 2010 De Nederlandsche Bank NV PO Box 98 1000 AB AMSTERDAM The Netherlands BENJAMIN J. KEYS T MUKHERJEE, A SERU, V VIG Lessons from the Financial Crisis: Causes, †¦, 2010 Quarterly Journal of Economics, forthcoming. Lucas, RE, Jr. 1976. His papers have been published in the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Quarterly Journal of Economics, and Journal of Monetary Economics. .. Matching and Contracting in the Venture Capital Market JM Plehn-Dujowich, K Serfes, V Thiele 2010 Page 1. Matching and Contracting in the Venture Capital Market ? Jose M. Plehn-Dujowich† , Konstantinos Serfes†¡, and Veikko Thiele § August 9, 2010 Abstract We propose an equilibrium model of the venture capital (VC) market with two-sided match- D AVID COLANDER M GOLDBERG, A HAAS, A KIRMAN, K JUSELIUS, B †¦ Lessons from the Financial †¦, 2010 London: Palgrave, forthcoming. Hendry, D. E, and H. -M. Krolzig. 2005. Risk transfer with CDOs and systemic risk in banking. Overpopulation EssayRisk Sharing, Costly Participation, and Monthly Returns T Hendershott, AJ Menkveld, MS Seasholes Page 1. Electronic copy available at: http://ssrn. com/abstract=1651098 Risk Sharing, Costly Participation, and Monthly Returns Terrence Hendershott Sunny X. Li UC Berkeley VU University Amsterdam Albert J. Menkveld Mark S. Seasholes VU University Amsterdam HKUST With a little help from abroad: the effect of low-skilled immigration on the female †¦ G Barone, S Mocetti The rest of the paper is organized as follows. In section 2, we review the literature on immigration and female labor supply. The empirical approach, the Page 9. 7 2 See Okkerse (2008) and the works cited therein for a review of the literature. 3 Brandolini et al. Who Writes the News? Corporate Press Releases During Merger Negotiations KR Ahern, D Sosyura Ann Arbor Section 1 provides a brief overview of related research. Section 2 discusses data and methods. Section 3 presents empirical results. Section 4 offers robustness checks and reviews alternative hypotheses. Section 5 concludes. 1. Related Literature MARINA BALBOA GERMAN LOPEZ-ESPINOSA A RUBIA fluctuations, among others. The existing literature is considerable, and a detailed review is beyond the scope of this paper. With the aim of introducing the formal econometric specifications which are detailed in Section three, in the Scholar Alert: A New Lease on Life: Institutions, External Financing, and Growth GW Brown, LW Chavis, LF Klapper 2010 manufacturing sector. The remainder of this paper proceeds as follows. In section 2 we review related literature in detail and present our hypotheses. that help alleviate SMEs financing constraints. In this section, we review existing research on external financing activities with a IS THE TURKISH EQUITY MARKET COINTEGRATED WITH EUROPEAN NORTH †¦ I OZBERKI 2010 Page 1. IS THE TURKISH EQUITY MARKET COINTEGRATED WITH EUROPEAN NORTH AMERICAN AND EMERGING MARKETS? A THESIS SUBMITTED TO GRADUATE SCHOOL OF SOCIAL SCIENCES OF MIDDLE EAST TECHNICAL UNIVERSITY BY IZZET OZBERKI Corporate Scandals and Capital Structure S Bonini, D Boraschi Page 1. Corporate Scandals and Capital Structure Stefano Bonini Bocconi University, Via Roentgen 1, 20122, Milan, Italy stefano. [emailprotected] it Diana Boraschi Bocconi University, Via Roentgen 1, 20122, Milan, Italy diana. [emailprotected] it Scholar Alert: Active Portfolio Management and Positive Alphas: Fact or Fantasy? RA Jarrow The Journal of Portfolio Management, 2010 2 (1997), pp. 275-302. CrossRef; Fung, W. , and Hsieh, D. â€Å"Hedge Fund Benchmarks: A Risk-Based Approach. † Financial Analysts Journal, forthcoming. Grinblat t, M. , and Titman, S. â€Å"Portfolio Performance Evaluation: Old Issues and New Insights. † Review of Financial Studies, Vol. The Critical Stock Price for the American Put Option YP Chung, H Johnson, V Polimenis Finance Research Letters, 2010 Mathematical Finance 15, 439-463. Chung, SL. , Shih, PT. , 2009, Static hedging and pricing American options, Forthcoming in Journal of Banking and Finance. Kim, IJ, 1990. The analytical valuation of American options. Review of Financial Studies 3, 547-572. Can There Be Too Much Competition in Financial Services? Evidence from British †¦ AJ WARBURTON 2010 the evidence does suggest a performance differential that is rather sizeable in economic terms. The next section of the paper reviews the related literature and sets forth the hypotheses to be tested. Section III describes why the British mutual fund industry is a Public and Private Learning from Prices, Strategic Substitutability and †¦ C Manzano, X Vives 2010 Page 1. Public and Private Learning from Prices, Strategic Substitutability and Complementarity, and Equilibrium Multiplicity Carolina Manzano Xavier Vives CESIFO WORKING PAPER NO. 3137 CATEGORY 12: EMPIRICAL AND THEORETICAL METHODS JULY 2010 Shareholder governance, bondholder governance, and managerial risk-taking TH Dolly King, MM Wen Journal of Banking Finance, 2010 As a service to our customers we are providing this early version of the manuscript. The manuscript will undergo copyediting, typesetting, and review of the resulting proof before it is published in its final form. Section 2 presents the literature review and hypotheses. Endogenous and Systemic Risk J Danielsson, HS Shin, JP Zigrand 2010 Page 1. Endogenous and Systemic Risk Jon Danielsson London School of Economics Hyun Song Shin Princeton University Jean–Pierre Zigrand London School of Economics July 2010 Abstract The risks impacting financial Cycles of Innovation and Financial Propagation CCG Opp 2010 Page 1. Cycles of Innovation and Financial Propagation 1 Christian CG Opp2 May 2010 1I thank my advisors Lars Peter Hansen, Stavros Panageas, aLuboas Pastor, Raghu Rajan, and Pietro Veronesi for many insightful comments and guidance. Individual Expectations, Limited Rationality and Aggregate Outcomes CH Te Baoa, J Sonnemansa, J Tuinstraa 2010 Page 1. Individual Expectations, Limited Rationality and Aggregate Outcomes ? Te Baoa, Cars Hommesa, Joep Sonnemansa,b, and Jan Tuinstraa aCeNDEF, Department of Quantitative Economics, University of Amsterdam Roetersstraat 11, 1018WB Amsterdam, NL DEBT FINANCING AND FINANCIAL FLEXIBILITY DJ DENIS, SB MCKEON 2010 issuances. INVESTMENT comprises 85% of the total percent captured; thus, our process flags INVESTMENT as the primary use of funds in this example. A review of the annual report confirms that the firm made a large cash acquisition. Forecasting Exchange Rates: Non-Linear Adjustment and Time-Varying †¦ A Grossmann, DG McMillan Journal of International Financial Markets, Institutions †¦, 2010 al. (2009) as well as Grossmann and Simpson (forthcoming), obtain similar findings using a three-year base period and a rolling base period, respectively. .. world. Review of Financial Studies, 5, 153 180. Dumas, B. , 1994. Partial Oil prices-Brownian motion or mean reversion? A study using a one year ahead †¦ N Meade Energy Economics, 2010 Model estimation Although Gaussian models with constant variance (discrete Brownian motion) are included in the forthcoming evaluation of Testing for Continuous- Time Models with Applications to Term Structure of Interest Rates, The Review of Financial Studies, 18, 37 Corporate Governance and the Cost of Debt: Evidence from Director Limited †¦ M Bradley, D Chen 2010 s reputational concerns provide the incentives for directors to fulfill their monitoring and advisory functions (eg, see the review by Hermalin and Weisbach, 2003; Adams, Hermalin, and Weisbach, 2010). However, very little Governance Through Trading and Intervention: A Theory of Multiple Blockholders A Edmans, G Manso 2010 important. See Bharath et al. (2010) and Gorton et al. (2010) for recent empirical studies of the effect of blockholder numbers. This paper is organized as follows. Section 2 reviews related literature. Section 3 presents 3See, eg CATalytic Insurance T Cordella, EL Yeyati 2010 Page 1. Policy Research Working Paper 5377 CATalytic Insurance The Case of Natural Disasters Tito Cordella Eduardo Levy Yeyati The World Bank Latin American and the Caribbean Region Brazil Country Management Unit The Office of the Chief Economist July 2010 International Finance Review C Krishnamurti, A Sevic . Sarkissian, S. , Schill, MJ (2004). The overseas listing decision: New evidence of proximity preference. Review of Financial Studies (forthcoming). RE Verrecchia (2001), Essays on disclosure, Journal of Accounting and Economics, Vol. 32 pp. 97 180. Do Financial Intermediaries During IPOS Affect Long-Term Firm Mortality Rates? U Bhattacharya, A Borisov, X Yu the stock, volatility of returns and beta. Chen (2006) finds that the market-to-book ratio affects firm mortality. 2 For a comprehensive review of the vast literature on finance and the real economy, please see Levine (2009). 3 The Underwriters and IPO Underpricing: Is IPO underpricing a payment for information? ML Humphery-Jenner Page 1. Electronic copy available at: http://ssrn. com/abstract=1571746 Underwriters and IPO Underpricing: Is IPO underpricing a payment for information? Mark L. Humphery-Jenner ? Abstract A contentious issue is why underwriters underprice IPOs. Why Do Firms Go Public? JC Brau WHY DO FIRMS GO PUBLIC? Forthcoming in the Oxford Handbook of Entrepreneurial Finance (2001)). Brav and Gompers focused on the front-end of the lockup paper and published their revised paper in the Review of Financial Studies (Brav and Gompers (2003)). The Floor Trader vs. Automation: A Survey of Theory and Empirical Evidence L Cardella, J Hao, I Kalcheva Page 1. Electronic copy available at: http://ssrn. com/abstract=1650345 The Floor Trader vs. Automation : A Survey of Theory and Empirical Evidence ? Laura Cardella Eller College of Management University of Arizona Jia Hao School of Business Administration Do International Cross-Listings Still Matter? GA Karolyi, L Gagnon necessarily limit the scope of our critical review to two basic topics that have been actively investigated: (a) Price Discovery and Arbitrage. review in this article (but reserve for another separate review) focuses on the role of corporate governance, agency Scholar Alert: Two Essays on the Usage of Financial Derivative for Commercial Banks: Evidence †¦ YJ Hsiao 2010 Journal of Financial and Quantitative Analysis, forthcoming. Bartram, SM, Bown, GW, and Fehle, ER, 2009. Estimating Standard Errors in Financial Panel Data Sets: Comparing Approaches. Reviews of Financial Studies 22, 435-480. The Accounting Review 77(1), 127-160. The role of affiliated directors on corporate boards1 S Kim 2010 interchangeably, and alternative names for this committee include â€Å"Board Organization†, â€Å"Organization Review†, â€Å"Policy and Organization†, and â€Å"Director Affairs†. Finally, I obtain Review, Legal Compliance, and Investments Committees. 2. 4. Discussion of measures A realistic model of time-varying risk aversion I Dew-Becker 2010 Routledge and Zin (forthcoming) and Campanale, Castro, and Clementi (2010) study a model in which a generalized version of Guls (1991) disappointment Lettau and Ludvigson (2010) give an extensive review of the literature on return predictability and the risk-return tradeoff NBER NBER A Chari, PB Henry, D Sasson 2010 Page 1. Capital Market Integration and Wages Anusha Chari* Peter Blair Henry * Diego Sasson * University of North Carolina New York University Goldman Sachs at Chapel Hill Brookings Institution NBER NBER July 2010 Abstract Securitization and the balance sheet channel of monetary trans-mission U Aysun, M Guldi, R Hepp Working papers, 2010 Page 1. Department of Economics Working Paper Series Securitization and the balance sheet channel of monetary trans- mission Uluc Aysun University of Connecticut Melanie Guldi Mount Holyoke College Ralf Hepp Fordham University Working Paper 2010-18 July 2010 Corporate Tax Avoidance and Stock Price Crash Risk: Firm-Level Analysis JB Kim, Y Li, L Zhang 2010 believe that our empirical evidence is unique and useful to the nderstanding of the underlying 5 See Hanlon and Heitzman (2009) for a comprehensive review of the recent literature on tax avoidance. Section 2 reviews the related literature and presents our central predictions. Financial Constraints and Firm Dynamics GBASF Tamagni The inclusion of an AR(1) structure accounts for the fact that smaller (surviving) firms are often reported to grow faster (see Lotti et al. , 2003, for an in-depth review of the empiri cal literature). 9 The unspecified function ? introduce a dependence of the standard deviation of growth Implied Volatility Spreads, Skewness and Expected Market Returns Y Atilgan, TG Bali, KO Demirtas Page 1. Electronic copy available at: http://ssrn. com/abstract=1511970 Implied Volatility Spreads, Skewness and Expected Market Returns Yigit Atilgan, Turan G. Bali, and K. Ozgur Demirtas* Abstract This paper investigates The Gender and Ethnic Diversity of US Boards and Board Committees and Firm †¦ DA Carter, F DSouza, BJ Simkins, WG Simpson †¦ Governance: An International Review E-mail: gary. [emailprotected] edu 1 Corporate Governance: An International Review, 2010, †¢Ã¢â‚¬ ¢(†¢ 2010 Blackwell Publishing Ltd doi:10. 111/j. 1467-8683. 2010. 00809. x Page 2. The paper is organized as follows. We review applicable theory in the first section. Matlab Toolbox for Mixed Sampling Frequency Data Analysis using MIDAS †¦ A Sinko, M Sockin, E Ghysels Page 1. Matlab Toolbox for Mixed Sampling Frequency Data Analysis using MIDAS Regression Models? Arthur Sinko†  M ichael Sockin†¡ Eric Ghysels § First Draft: December 2009 This Draft: July 26, 2010 ? The third author benefited Risk Shifting, Conversion Rules, and Optional Payment Schedules SM Sepe Page 1. Electronic copy available at: http://ssrn. om/abstract=1649148 Risk Shifting, Conversion Rules, and Optional Payment Schedules Simone M. Sepe* September 28, 2009 Prior theories of convertible debt have showed Identifying Informed Traders in Futures Markets RPH Fishe, AD Smith Page 1. Identifying Informed Traders in Futures Markets Raymond PH Fishe Aaron D. Smith Abstract Trading models generally presume that some participants are more informed and that these traders exhibit superior forecasting skills. Why Do Repurchases Affect Share Prices? New Evidence from Closed-End Funds A Dittmar, R Dittmar han would be expected from the profits to be made and is more consistent with a signal, either that a series of repurchases may be forthcoming or that the management of the fund has improve d. Hypothesis 1, that prices jump on announcement in a way which is consistent with Portfolio choice under local industry and country factors C Castro Page 1. Noname manuscript No. (will be inserted by the editor) Portfolio choice under local industry and country factors Carlos Castro Received: date / Accepted: date Abstract This article extends the parametric portfolio policy Scholar Alert: CREATES Research Paper 2010-55 N Aslanidis, C Christiansen 2010 Bond Correlation,lWorking paper, CREATES. Baele, L. , G. Bekaert, and K. Inghelbrecht (forthcoming): kThe De terminants of Stock and Bond Return Comovements,l Review of Financial Studies. Bansal, N. , RA Connolly, and Journal of International Money and Finance I Patnaik, A Shah Journal of International Money and Finance, 2010 We obtain dates of the structural breaks of the exchange rate regime using Zeileis et al. forthcoming) which extends the econometrics of structural change to address the unique needs of this setting. Review of Financial Studies 14 (1), 215–241. Ize, A. , Yeyati, E. , 2003. Multifactor Consumption Based Asset Pricing Models Using the US Stock Market †¦ J Hunter, F Wu 2010 The rest of this article is organised as follows. A brief literature review is given in section 2. Section 3 and 4 describe the data properties and the methodology applied in this paper, respecti vely. Section 5 reports the empirical results. The Characteristics of Informed Trading: Implications for Asset Pricing H Aslan, D Easley, S Hvidkjaer, MOHara 2010 like. This paper is organized as follows. The next section discusses the nature of information risk, and reviews recent challenges in the literature to the concept of PIN and its estimation. Section 3 presents the data and sample, A Survey of Announcement Effects on Foreign Exchange Returns CJ Neely, SR Dey FEDERAL RESERVE BANK OF ST. LOUIS REVIEW, 2010 Federal Reserve Bank of St. Louis Review, September/October 2010, 92(5), pp. Value of new purchase orders placed with domestic manufacturers for durable and nondurable goods. A review of the state of the economy and budget, and related forecasts on future outlook. Accounting anomalies and fundamental analysis: An alternative view J Lewellen 2010 My review discusses five key topics from this literature: (1) discriminating between risk and mispricing explanations for return anomalies; (2) estimating the implied cost of capital; (3) inferring investors perceptions of the earnings process; (4) understanding the importance of Liability of foreignness: new insights from capital markets RG Bell, I Filatotchev, AA Rasheed The Past, Present and Future of International †¦, 2010 Based on an extensive review of home bias in equity markets, we propose four strategies to erase the This is followed by a brief review of the state of international capital markets and their increasing worldwide integration. Street earnings definitions of credit rating agencies and equity analysts? G Batta, V Muslu 2010 Researchers have also examined the effect of rating changes and announcements of ratings reviews and watchlists on security and credit derivative valuation (Hand, Holthausen, and Leftwich, 1992; Dichev and Piotroski, 2001; Hull, Stock Returns and Monetary Policy: Are There Any Ties? H Bouakez, BO Essid, M Normandin Cahier de recherche/Working Paper, 2010 Page 1. Bouakez: Department of Economics, HEC Montreal and CIRPEE, 3000 Chemin de la Cote-Sainte-Catherine, Montreal, Quebec, Canada H3T 2A7 hafedh. [emailprotected] hec. ca Essid: Department of Economics, HEC Montreal The Governance of Family Firms M BENNEDSEN, F PEREZ-GONZALEZ, D †¦ Corporate Governance: A †¦, 2010 ers. Itstresses? rm-levelgovernancemechanismsanddevotessubstantial attention toidenti? cation problems that affect applied research. The chapter is, therefore, not a review on the vast family ? rm literature. Particular papers Spatial Aspects Concerning Economic Structures AD Dixon 2010 is not very significant. As such, that a high degree of diversity exists among different national political economies is contestable (Clark and Wojcik 2007; Peck and Theodore 2007; Dixon forthcoming). If European financial institutions What Drives the Return Predictive Power of Institutional Ownership: Information or †¦ B Qiu 2010 of speculators. Hirshleifer and Teoh (2003) provide a detailed review of the herding and cascading literatures. Page 9. 7 institutions. Subsequent to institutional trading, the trend reversal in innovations in fundamentals gradually Do CDS Spreads reflect default risks? Evidence from UK bank bailouts A Takeyama, N Constantinou, D Vinogradov 2010 Page 1. Do CDS Spreads reflect default risks? Evidence from UK bank bailouts Nick Constantinou Essex Business School Dmitri Vinogradov Essex Business School Azusa Takeyama CCFEA Address for correspondence Nick The Effect of Corporate Governance on Performance S BHAGAT, B BOLTON, R ROMANO Corporate Governance: A Synthesis of Theory †¦, 2010 Page 108. P1: OTA/XYZ P2: ABC c06 JWBT314-Baker July 19, 2010 10: 4 Printer Name: Yet to Come CHAPTER 6 The Effect of Corporate Governance on Performance SANJAI BHAGAT Professor of Finance, University of Colorado CEO Ownership, Stock Market Performance, and Managerial Discretion U von Lilienfeld-Toal, S Ruenzi 2010 Page 1. CEO Ownership, Stock Market Performance, and Managerial Discretion ? Ulf von Lilienfeld-Toal and Stefan Ruenzi June 2010 Abstract We examine the relationship between CEO ownership and stock market performance. Large liquidity expansion of super-hedging costs D Possamai, HM Soner, N Touzi 2010 Page 1. Large liquidity expansion of super-hedging costs Dylan Possamai ? H. Mete Soner†  Nizar Touzi†¡ August 28, 2010 Abstract We consider a financial market with liquidity cost as in C? etin, Jarrow and Protter where Liquidity and Asset Market Dynamics G Rocheteau, R Wright 2010 Page 1. Liquidity and Asset Market Dynamics Guillaume Rocheteau University of California, Irvine Randall Wright University of Wisconsin $ Madison and FRB Minneapolis September 2, 2010 Abstract We study an economy with an essential role for liquid assets. Essays on Down Payment Constraint, House Price and Young Peoples †¦ X Wang 2010 payment constraint affects the relationship between young peoples homeownership and wealth. 1. 2 Literature Review The importance of housing investment as an asset in peoples life cycle portfolio choice has been emphasized in recent macroeconomic studies. Liquidity Coinsurance and Bank Capital P VERSION 2010 Page 1. Liquidity Coinsurance and Bank Capital? Fabio Castiglionesi†  Fabio Feriozzi†¡ Gyongyi Loranth § Loriana Pelizzon ¶ July 2010 PRELIMINARY VERSION Abstract This paper analyzes how the liquidity coinsurance provided by interbank markets affects Competition and Stability in European Banking: A Regional Analysis H Liu, P Molyneux, JOS Wilson Page 1. Electronic copy available at: http://ssrn. com/abstract=1670744 1 Competition and Stability in European Banking: A Regional Analysis Hong Liu +a Phil Molyneux +b and John OS Wilson * September 2010 Abstract National Scholar Alert: CORE DISCUSSSION PAPER 2010/49 HNM MODELS 2010 pir