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Dispersion of Beliefs, Stock Prices and the Earnings Surprise Measures-A Generalized Approach (2009)

In this paper we address the issue of modelling the relation between the stock prices...

 

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Earnings News and Market Risk: Is the Magnitude of the Post-Earnings Announcement Drift Underestimated? (2009)

The post-earnings announcement drift is the tendency of cumulative abnormal re- turns to drift in...

 

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Hiding "Bad" News on Fridays? Not Such a Good Idea! (2009)

Previous studies reported firms management to release more"bad" news on Fridays compared to the rest...

 

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It Takes Two to Tango: International Transfer of Pricing Information Between the Cross-Listed Securities (with Bertrand Melenberg) (2009)

We examine the mechanism of the pricing information transfer between Tokyo and the US stock...

 

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Modeling the Dynamics of Welfare Caseload : a New Approach (with Arie Sherman) (2009)

What are the determinants of welfare caseload fluctuations? To address this crucial policy issue most...

 

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The Role of Cultural Attributes in Inequality and Poverty (with Miki Malul and Amir Shoham) (2009)

This paper uses cross country data to explore the role of cultural attributes in inequality...

 

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Trading Volume, Volatility, and the Serial Correlation of Stock Market Returns (with Bertrand Melenberg) (2009)

In this paper we study the dynamic relationship between trading volume, volatility, and stock returns...