Finance - Research Publications
Now showing items 1-10 of 86
Incidental rewarding cues influence eeconomic decisions in people with obesity
(FRONTIERS MEDIA SA, 2015-10-15)
Recent research suggests that obesity is linked to prominent alterations in learning and decision-making. This general difference may also underlie the preference for immediately consumable, highly palatable but unhealthy ...
Essays in International Macro-Finance
I present three essays in international macro-finance. The first is a selective survey of crises and contagion that identifies the competing explanations for the transmission of shocks through and across economies. The ...
Shorting at close range: A tale of two types
(ELSEVIER SCIENCE SA, 2016-09-01)
We examine returns, order flow, and market conditions in the minutes before, during, and after NYSE and Nasdaq short sales. We find two distinct types of short sales: those that provide liquidity, and those that demand it. ...
Stock Price Manipulation: Prevalence and Determinants*
(OXFORD UNIV PRESS, 2014-01-01)
We empirically analyze the prevalence and economic underpinnings of closing price manipulation and its detection. We estimate that ∼1% of closing prices are manipulated, of which only a small fraction is detected and ...
Is Australia HFT-Friendly?
(Financial Services Institute of Australasia, 2012)
Stephen Satchell’s paper ‘An assessment of the social desirability of high-frequency trading’, in this issue of JASSA examines the costs and benefits, and highlights some empirical evidence on the impact of HFT on market ...