Details about Yakov Amihud

Access statistics for papers by Yakov Amihud.

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Short-id: pam182

Working Papers

2017

1. Settling the Staggered Board Debate
   Working Papers on Finance, University of St. Gallen, School of Finance View citations (1)

2010

2. Liquidity Risk of Corporate Bond Returns: A Conditional Approach
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
   See also Journal Article Liquidity risk of corporate bond returns: conditional approach, Journal of Financial Economics, Elsevier (2013) View citations (124) (2013)

2009

3. Creditor rights and corporate risk-taking
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (6)
   See also Journal Article Creditor rights and corporate risk-taking, Journal of Financial Economics, Elsevier (2011) View citations (289) (2011)

2005

4. Liquidity and Asset Prices
   MPRA Paper, University Library of Munich, Germany View citations (180)
   See also Journal Article Liquidity and Asset Prices, Foundations and Trends(R) in Finance, now publishers (2006) View citations (48) (2006)

2004

5. Hypothesis Testing in Predictive Regressions
   Finance, University Library of Munich, Germany View citations (4)
6. Predictive Regressions: A Reduced-Bias Estimation Method
   Econometrics, University Library of Munich, Germany View citations (146)
   See also Journal Article Predictive Regressions: A Reduced-Bias Estimation Method, Journal of Financial and Quantitative Analysis, Cambridge University Press (2004) View citations (144) (2004)

1997

7. Market Microstructure and Securities Values: Evidence from the Tel Aviv Stock Exchange
   New York University, Leonard N. Stern School Finance Department Working Paper Seires, New York University, Leonard N. Stern School of Business- View citations (200)
   Also in New York University, Leonard N. Stern School Finance Department Working Paper Seires, New York University, Leonard N. Stern School of Business- (1996) View citations (3)
   See also Journal Article Market microstructure and securities values: Evidence from the Tel Aviv Stock Exchange, Journal of Financial Economics, Elsevier (1997) View citations (233) (1997)

Journal Articles

2018

1. Do Staggered Boards Matter for Firm Value?
   Journal of Applied Corporate Finance, 2018, 30, (4), 61-77

2017

2. Do staggered boards harm shareholders?
   Journal of Financial Economics, 2017, 123, (2), 432-439 View citations (10)

2015

3. Stock Liquidity and the Cost of Equity Capital in Global Markets
   Journal of Applied Corporate Finance, 2015, 27, (4), 68-74 View citations (7)
4. The Pricing of Illiquidity as a Characteristic and as Risk
   Multinational Finance Journal, 2015, 19, (3), 149-168 View citations (16)
5. The illiquidity premium: International evidence
   Journal of Financial Economics, 2015, 117, (2), 350-368 View citations (130)

2013

6. Liquidity risk of corporate bond returns: conditional approach
   Journal of Financial Economics, 2013, 110, (2), 358-386 View citations (124)
   See also Working Paper Liquidity Risk of Corporate Bond Returns: A Conditional Approach, NBER Working Papers (2010) View citations (6) (2010)
7. Mutual Fund's R-super-2 as Predictor of Performance
   The Review of Financial Studies, 2013, 26, (3), 667-694 View citations (4)

2012

8. Liquidity, the Value of the Firm, and Corporate Finance
   Journal of Applied Corporate Finance, 2012, 24, (1), 17-32 View citations (16)
   Also in Journal of Applied Corporate Finance, 2008, 20, (2), 32-45 (2008) View citations (28)

2011

9. Creditor rights and corporate risk-taking
   Journal of Financial Economics, 2011, 102, (1), 150-166 View citations (289)
   See also Working Paper Creditor rights and corporate risk-taking, NBER Working Papers (2009) View citations (9) (2009)

2010

10. Predictive regression with order-p autoregressive predictors
    Journal of Empirical Finance, 2010, 17, (3), 513-525 View citations (21)

2009

11. Multiple-Predictor Regressions: Hypothesis Testing
    The Review of Financial Studies, 2009, 22, (1), 413-434 View citations (49)

2006

12. Liquidity and Asset Prices
    Foundations and Trends(R) in Finance, 2006, 1, (4), 269-364 View citations (48)
    See also Working Paper Liquidity and Asset Prices, MPRA Paper (2005) View citations (180) (2005)
13. Stock and Bond Liquidity and its Effect on Prices and Financial Policies
    Financial Markets and Portfolio Management, 2006, 20, (1), 19-32 View citations (26)
14. The Declining Information Content of Dividend Announcements and the Effects of Institutional Holdings
    Journal of Financial and Quantitative Analysis, 2006, 41, (3), 637-660 View citations (79)

2004

15. Political news and stock prices: The case of Saddam Hussein contracts
    Journal of Banking & Finance, 2004, 28, (5), 1185-1200 View citations (53)
16. Predictive Regressions: A Reduced-Bias Estimation Method
    Journal of Financial and Quantitative Analysis, 2004, 39, (4), 813-841 View citations (144)
    See also Working Paper Predictive Regressions: A Reduced-Bias Estimation Method, Econometrics (2004) View citations (146) (2004)

2003

17. Allocations, adverse selection, and cascades in IPOs: Evidence from the Tel Aviv Stock Exchange
    Journal of Financial Economics, 2003, 68, (1), 137-158 View citations (62)
18. The Value of Trading Consolidation: Evidence from the Exercise of Warrants
    Journal of Financial and Quantitative Analysis, 2003, 38, (4), 829-846 View citations (25)

2002

19. Illiquidity and stock returns: cross-section and time-series effects
    Journal of Financial Markets, 2002, 5, (1), 31-56 View citations (3200)
20. The effects of cross-border bank mergers on bank risk and value
    Journal of International Money and Finance, 2002, 21, (6), 857-877 View citations (108)

2000

21. AN INSTITUTIONAL INNOVATION TO REDUCE THE AGENCY COSTS OF PUBLIC CORPORATE BONDS
    Journal of Applied Corporate Finance, 2000, 13, (1), 114-121 View citations (6)
22. THE LIQUIDITY ROUTE TO A LOWER COST OF CAPITAL
    Journal of Applied Corporate Finance, 2000, 12, (4), 8-25 View citations (40)

1999

23. Does corporate ownership structure affect its strategy towards diversification?
    Strategic Management Journal, 1999, 20, (11), 1063-1069 View citations (56)

1997

24. Dividends, Taxes, and Signaling: Evidence from Germany
    Journal of Finance, 1997, 52, (1), 397-408 View citations (43)
25. Market microstructure and securities values: Evidence from the Tel Aviv Stock Exchange
    Journal of Financial Economics, 1997, 45, (3), 365-390 View citations (233)
    See also Working Paper Market Microstructure and Securities Values: Evidence from the Tel Aviv Stock Exchange, New York University, Leonard N. Stern School Finance Department Working Paper Seires (1997) View citations (200) (1997)

1996

26. Unexpected Inflation and Stock Returns Revisited--Evidence from Israel
    Journal of Money, Credit and Banking, 1996, 28, (1), 22-33 View citations (26)

1991

27. Liquidity, Maturity, and the Yields on U.S. Treasury Securities
    Journal of Finance, 1991, 46, (4), 1411-25 View citations (171)
28. Trading mechanisms and value-discovery: Cross-national evidence and policy implications
    Carnegie-Rochester Conference Series on Public Policy, 1991, 34, (1), 105-130 View citations (1)
29. Volatility, Efficiency, and Trading: Evidence from the Japanese Stock Market
    Journal of Finance, 1991, 46, (5), 1765-89 View citations (126)

1990

30. Corporate Control and the Choice of Investment Financing: The Case of Corporate Acquisitions
    Journal of Finance, 1990, 45, (2), 603-16 View citations (142)
31. Stock market microstructure and return volatility: Evidence from Italy
    Journal of Banking & Finance, 1990, 14, (2-3), 423-440 View citations (48)

1989

32. Inventory behaviour and market power: An empirical investigation
    International Journal of Industrial Organization, 1989, 7, (2), 269-280 View citations (17)
33. Market microstructure and price discovery on the Tokyo Stock Exchange
    Japan and the World Economy, 1989, 1, (4), 341-370 View citations (14)

1987

34. Trading Mechanisms and Stock Returns: An Empirical Investigation
    Journal of Finance, 1987, 42, (3), 533-53 View citations (277)

1986

35. Asset pricing and the bid-ask spread
    Journal of Financial Economics, 1986, 17, (2), 223-249 View citations (1572)

1983

36. Inflation 'news' and exchange rates
    Economics Letters, 1983, 12, (3-4), 333-338
37. Multiperiod sales-production decisions under uncertainty
    Journal of Economic Dynamics and Control, 1983, 5, (1), 249-265 View citations (5)
38. Price Smoothing and Inventory
    The Review of Economic Studies, 1983, 50, (1), 87-98 View citations (36)
39. `Managerialism', `ownerism' and risk
    Journal of Banking & Finance, 1983, 7, (2), 189-196 View citations (6)

1982

40. Optimal Consumption Policy under Uncertain Income
    Management Science, 1982, 28, (6), 683-697 View citations (13)
41. Relative Price Dispersion and Economic Shocks: An Inventory-Adjustment Approach
    Journal of Money, Credit and Banking, 1982, 14, (3), 390-98 View citations (1)
42. The output-inflation relationship: An inventory-adjustment approach
    Journal of Monetary Economics, 1982, 9, (2), 163-184 View citations (3)
43. Unanticipated inflation and economic activity
    Economics Letters, 1982, 9, (4), 327-335 View citations (1)

1981

44. A Possible Error in the Expectations Theory: A Rejoinder
    Journal of Money, Credit and Banking, 1981, 13, (1), 107-08
45. Risk Reduction as a Managerial Motive for Conglomerate Mergers
    Bell Journal of Economics, 1981, 12, (2), 605-617 View citations (770)
46. The forward exchange rate and the prediction of the future spot rate: Empirical evidence
    Journal of Banking & Finance, 1981, 5, (3), 425-437 View citations (5)

1980

47. An empirical note on bond-yield uncertainty and the demand for money
    Economics Letters, 1980, 5, (1), 63-69
48. Dealership market: Market-making with inventory
    Journal of Financial Economics, 1980, 8, (1), 31-53 View citations (342)
49. General Risk Aversion and Attitude towards Risk
    Journal of Finance, 1980, 35, (3), 685-91

1979

50. A Possible Error in the Expectations Theory: A Note
    Journal of Money, Credit and Banking, 1979, 11, (2), 243-45

1977

51. A Note on Fisher Hypothesis and Price Level Uncertainty
    Journal of Financial and Quantitative Analysis, 1977, 12, (3), 525-530 View citations (1)
52. A Note on Risk Aversion and Indifference Curves
    Journal of Financial and Quantitative Analysis, 1977, 12, (3), 509-513 View citations (1)
53. A Note on the Measurement of Technological Progress and Experience in Production
    American Journal of Agricultural Economics, 1977, 59, (4), 728-730
54. The Effect of Uncertainty in Input Quantities on the Optimal Expected Input Combination
    Management Science, 1977, 23, (9), 957-962

1974

55. Portfolio selection for managerial control
    Omega, 1974, 2, (6), 775-783 View citations (2)

Books

2013

1. Market Liquidity
   Cambridge Books, Cambridge University Press
   Also in Cambridge Books, Cambridge University Press (2013)