Asset Pricing, Capital Markets & Microstructure

Work in the area of Asset Pricing, Capital Markets & Microstructure includes work undertaken by the following faculty members:-

 

Selected Working papers:

    • What Moves US Interest Rates, Louis Ederington and Duong Le.
    • How Asymmetric is US Stock Market Volatility, Louis Ederington and Wei Guan
    • Robbing Peter to Pay Paul: Trading by Insiders with Liquidity Needs. Chitru Fernando and Vladimir Gatchev
    • Pricing Individual Stock Options on Firms with LeverageS Yi Zhou
    • The Effect of Corporate Break-ups on Information Asymmetry: A Market Microstructure Analysis by F. Bardong, S.M. Bartram and P.K. Yadav.
    • Opening call auctions in a specialist market, Evgenia Golubeva, Ekkehart Boehmer, Avner Kalay and Avi Wohl, Working paper, 2008
    • Tick size and adverse selection: spurious effects arising from serial correlation, Evgenia Golubeva, Lynn Doran, Michael Goldstein and Eric Hughson, Working paper, 2008
    • The Early Exercise Premium in American Option Prices: Direct Empirical Evidence by S. Unni and P. K. Yadav.
    • Informed Trading, Information Asymmetry, and Pricing of Information Risk: Empirical Evidence from the NYSE by F. Bardong, S.M. Bartram and P.K. Yadav.
    • Resiliency, a Dynamic View of Liquidity: Empirical Evidence from a Limit Order Book Market by D. Mayston, A. Kempf and P.K. Yadav.