Details about Söhnke M. Bartram

Access statistics for papers by Söhnke M. Bartram.

Last updated 2025-04-06. Update your information in the RePEc Author Service.

Short-id: pba2

Working Papers

2025

1. Comparing Human-Only, AI-Assisted, and AI-Led Teams on Assessing Research Reproducibility in Quantitative Social Science
   I4R Discussion Paper Series, The Institute for Replication (I4R)
2. Monetary Policy Predicts Currency Movements
   NBER Working Papers, National Bureau of Economic Research, Inc

2024

3. Creative Destruction, Stock Return Volatility, and the Number of Listed Firms
   Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2024)

2023

4. Mispricing and Risk Premia in Currency Markets
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   See also Journal Article Mispricing and Risk Premia in Currency Markets, Journal of Financial and Quantitative Analysis, Cambridge University Press (2025) (2025)

2022

5. Book-to-Market, Mispricing, and the Cross-Section of Corporate Bond Returns
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (2)

2021

6. Credit default swaps around the world
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
   See also Journal Article Credit Default Swaps around the World, The Review of Financial Studies, Society for Financial Studies (2022) View citations (8) (2022)
7. Currency Anomalies
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
8. Real Effects of Climate Policy: Financial Constraints and Spillovers
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
   Also in Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics (2018) View citations (5)
   See also Journal Article Real effects of climate policy: Financial constraints and spillovers, Journal of Financial Economics, Elsevier (2022) View citations (91) (2022)

2020

9. Artificial Intelligence in Asset Management
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
   Also in Working Papers, Cambridge Judge Business School, University of Cambridge (2020) View citations (1)

2019

10. Global Market Inefficiencies
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See also Journal Article Global market inefficiencies, Journal of Financial Economics, Elsevier (2021) View citations (7) (2021)
11. Why is There a Secular Decline in Idiosyncratic Risk in the 2000s?
    Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics View citations (2)

2018

12. Why Has Idiosyncratic Risk Been Historically Low in Recent Years?
    Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics View citations (8)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2018) View citations (7)

2017

13. Why Does Idiosyncratic Risk Increase with Market Risk?
    CESifo Working Paper Series, CESifo View citations (1)
    Also in Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics (2016) View citations (3)
    NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (2)
    CFS Working Paper Series, Center for Financial Studies (CFS) (2016) View citations (2)

2012

14. How Important are Foreign Ownership Linkages for International Stock Returns?
    Working Papers, Hong Kong Institute for Monetary Research View citations (16)
    Also in Working Papers, University of Pennsylvania, Wharton School, Weiss Center (2010) View citations (4)
    See also Journal Article How Important Are Foreign Ownership Linkages for International Stock Returns?, The Review of Financial Studies, Society for Financial Studies (2015) View citations (40) (2015)
15. Why are U.S. Stocks More Volatile?
    MPRA Paper, University Library of Munich, Germany View citations (104)
    Also in Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics (2011) View citations (1)
    See also Journal Article Why Are U.S. Stocks More Volatile?, Journal of Finance, American Finance Association (2012) View citations (104) (2012)

2011

16. Asymmetric Loss Functions and the Rationality of Expected Stock Returns
    MPRA Paper, University Library of Munich, Germany View citations (8)
    See also Journal Article Asymmetric loss functions and the rationality of expected stock returns, International Journal of Forecasting, Elsevier (2011) View citations (9) (2011)

2010

17. Macroeconomic Risks and Characteristic-Based Factor Models
    MPRA Paper, University Library of Munich, Germany View citations (52)
    See also Journal Article Macroeconomic risks and characteristic-based factor models, Journal of Banking & Finance, Elsevier (2010) View citations (48) (2010)

2009

18. Corporate Hedging and Shareholder Value
    MPRA Paper, University Library of Munich, Germany View citations (2)
    See also Journal Article CORPORATE HEDGING AND SHAREHOLDER VALUE, Journal of Financial Research, Southern Finance Association (2010) View citations (67) (2010)
19. Informed trading, information asymmetry and pricing of information risk: Empirical evidence from the NYSE
    CFR Working Papers, University of Cologne, Centre for Financial Research (CFR) View citations (5)
    Also in MPRA Paper, University Library of Munich, Germany (2008) View citations (1)
20. No Place To Hide: The Global Crisis in Equity Markets in 2008/09
    MPRA Paper, University Library of Munich, Germany View citations (99)
21. Resolving the Exposure Puzzle: The Many Facets of Exchange Rate Exposure
    MPRA Paper, University Library of Munich, Germany View citations (4)
    See also Journal Article Resolving the exposure puzzle: The many facets of exchange rate exposure, Journal of Financial Economics, Elsevier (2010) View citations (140) (2010)
22. Why Do Foreign Firms Have Less Idiosyncratic Risk Than U.S. Firms?
    Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics View citations (26)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (22)

2008

23. Are Short-sellers Different?
    MPRA Paper, University Library of Munich, Germany
24. Crossing the Lines: The Conditional Relation between Exchange Rate Exposure and Stock Returns in Emerging and Developed Markets
    MPRA Paper, University Library of Munich, Germany View citations (3)
    Also in MPRA Paper, University Library of Munich, Germany (2008) View citations (1)
    See also Journal Article Crossing the lines: The conditional relation between exchange rate exposure and stock returns in emerging and developed markets, Journal of International Money and Finance, Elsevier (2012) View citations (36) (2012)
25. Foreign Currency Exposure and Hedging: Evidence from Foreign Acquisitions
    MPRA Paper, University Library of Munich, Germany View citations (2)
    See also Journal Article Foreign Currency Exposure and Hedging: Evidence from Foreign Acquisitions, Quarterly Journal of Finance (QJF), World Scientific Publishing Co. Pte. Ltd. (2013) View citations (3) (2013)
26. The Effect of Corporate Break-ups on Information Asymmetry: A Market Microstructure Analysis
    MPRA Paper, University Library of Munich, Germany
27. The Effects of Derivatives on Firm Risk and Value
    MPRA Paper, University Library of Munich, Germany View citations (10)
    See also Journal Article The Effects of Derivatives on Firm Risk and Value, Journal of Financial and Quantitative Analysis, Cambridge University Press (2011) View citations (140) (2011)

2007

28. Agency Conflicts and Corporate Payout Policies: A Global Study
    MPRA Paper, University Library of Munich, Germany View citations (5)
29. Corporate Cash Flow and Stock Price Exposures to Foreign Exchange Rate Risk
    MPRA Paper, University Library of Munich, Germany View citations (29)
    See also Journal Article Corporate cash flow and stock price exposures to foreign exchange rate risk, Journal of Corporate Finance, Elsevier (2007) View citations (29) (2007)
30. What Lies Beneath: Foreign Exchange Rate Exposure, Hedging and Cash Flows
    MPRA Paper, University Library of Munich, Germany View citations (2)
    See also Journal Article What lies beneath: Foreign exchange rate exposure, hedging and cash flows, Journal of Banking & Finance, Elsevier (2008) View citations (54) (2008)

2005

31. Estimating Systemic Risk in the International Financial System
    MPRA Paper, University Library of Munich, Germany View citations (4)
    See also Journal Article Estimating systemic risk in the international financial system, Journal of Financial Economics, Elsevier (2007) View citations (90) (2007)
32. The Exchange Rate Exposure Puzzle
    MPRA Paper, University Library of Munich, Germany View citations (9)

2004

33. The Euro and European Financial Market Integration
    Money Macro and Finance (MMF) Research Group Conference 2004, Money Macro and Finance Research Group View citations (8)
34. The Impact of the Introduction of the Euro on Foreign Exchange Rate Risk Exposures
    Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics
    Also in Finance, University Library of Munich, Germany (2003) View citations (3)
    See also Journal Article The impact of the introduction of the Euro on foreign exchange rate risk exposures, Journal of Empirical Finance, Elsevier (2006) View citations (66) (2006)
35. The Use of Options in Corporate Risk Management
    MPRA Paper, University Library of Munich, Germany View citations (1)

2003

36. Alternative Market Structures for Derivatives
    Finance, University Library of Munich, Germany View citations (1)
37. Competition among Alternative Option Market Structures: Evidence from Eurex vs. Euwax
    Finance, University Library of Munich, Germany
38. International Evidence on Financial Derivatives Usage
    Finance, University Library of Munich, Germany View citations (27)
    See also Journal Article International Evidence on Financial Derivatives Usage, Financial Management, Financial Management Association International (2009) View citations (138) (2009)

2002

39. Linear and Nonlinear Foreign Exchange Rate Exposures of German Nonfinancial Corporations
    Finance, University Library of Munich, Germany View citations (8)
    See also Journal Article Linear and nonlinear foreign exchange rate exposures of German nonfinancial corporations, Journal of International Money and Finance, Elsevier (2004) View citations (74) (2004)
40. The Interest Rate Exposure of Nonfinancial Corporations
    Finance, University Library of Munich, Germany View citations (3)
    See also Journal Article The Interest Rate Exposure of Nonfinancial Corporations, Review of Finance, European Finance Association (2002) View citations (30) (2002)

2001

41. Corporate Risk Management as a Lever for Shareholder Value Creation
    Finance, University Library of Munich, Germany View citations (5)
    Also in Working Papers, Southern California - School of Business Administration (2000) View citations (30)
    See also Journal Article Corporate Risk Management as a Lever for Shareholder Value Creation, Financial Markets, Institutions & Instruments, John Wiley & Sons (2000) View citations (1) (2000)
42. International Portfolio Investment: Theory, Evidence, and Institutional Framework
    Finance, University Library of Munich, Germany View citations (24)
    See also Journal Article International Portfolio Investment: Theory, Evidence, and Institutional Framework, Financial Markets, Institutions & Instruments, John Wiley & Sons (2001) (2001)

Journal Articles

2025

1. Mispricing and Risk Premia in Currency Markets
   Journal of Financial and Quantitative Analysis, 2025, 60, (2), 695-733
   See also Working Paper Mispricing and Risk Premia in Currency Markets, CEPR Discussion Papers (2023) (2023)

2022

2. Credit Default Swaps around the World
   The Review of Financial Studies, 2022, 35, (5), 2464-2524 View citations (8)
   See also Working Paper Credit default swaps around the world, CEPR Discussion Papers (2021) View citations (1) (2021)
3. Real effects of climate policy: Financial constraints and spillovers
   Journal of Financial Economics, 2022, 143, (2), 668-696 View citations (91)
   See also Working Paper Real Effects of Climate Policy: Financial Constraints and Spillovers, CEPR Discussion Papers (2021) View citations (1) (2021)

2021

4. Global market inefficiencies
   Journal of Financial Economics, 2021, 139, (1), 234-259 View citations (7)
   See also Working Paper Global Market Inefficiencies, CEPR Discussion Papers (2019) (2019)
5. Navigating the factor zoo around the world: an institutional investor perspective
   Journal of Business Economics, 2021, 91, (5), 655-703 View citations (2)

2019

6. Corporate hedging and speculation with derivatives
   Journal of Corporate Finance, 2019, 57, (C), 9-34 View citations (38)

2018

7. Agnostic fundamental analysis works
   Journal of Financial Economics, 2018, 128, (1), 125-147 View citations (32)
8. In good times and in bad: Defined-benefit pensions and corporate financial policy
   Journal of Corporate Finance, 2018, 48, (C), 331-351 View citations (14)

2017

9. Corporate Postretirement Benefit Plans and Real Investment
   Management Science, 2017, 63, (2), 355-383 View citations (7)

2016

10. Corporate Post-Retirement Benefit Plans and Leverage
    Review of Finance, 2016, 20, (2), 575-629 View citations (8)

2015

11. European financial market dependence: An industry analysis
    Journal of Banking & Finance, 2015, 59, (C), 146-163 View citations (11)
12. How Important Are Foreign Ownership Linkages for International Stock Returns?
    The Review of Financial Studies, 2015, 28, (11), 3036-3072 View citations (40)
    See also Working Paper How Important are Foreign Ownership Linkages for International Stock Returns?, Working Papers (2012) View citations (16) (2012)
13. How Important Is Financial Risk?
    Journal of Financial and Quantitative Analysis, 2015, 50, (4), 801-824 View citations (16)

2013

14. Foreign Currency Exposure and Hedging: Evidence from Foreign Acquisitions
    Quarterly Journal of Finance (QJF), 2013, 03, (02), 1-20 View citations (3)
    See also Working Paper Foreign Currency Exposure and Hedging: Evidence from Foreign Acquisitions, MPRA Paper (2008) View citations (2) (2008)

2012

15. Crossing the lines: The conditional relation between exchange rate exposure and stock returns in emerging and developed markets
    Journal of International Money and Finance, 2012, 31, (4), 766-792 View citations (36)
    See also Working Paper Crossing the Lines: The Conditional Relation between Exchange Rate Exposure and Stock Returns in Emerging and Developed Markets, MPRA Paper (2008) View citations (3) (2008)
16. Why Are U.S. Stocks More Volatile?
    Journal of Finance, 2012, 67, (4), 1329-1370 View citations (104)
    See also Working Paper Why are U.S. Stocks More Volatile?, MPRA Paper (2012) View citations (104) (2012)

2011

17. Asymmetric loss functions and the rationality of expected stock returns
    International Journal of Forecasting, 2011, 27, (2), 413-437 View citations (9)
    Also in International Journal of Forecasting, 2011, 27, (2), 413-437 (2011) View citations (8)
    See also Working Paper Asymmetric Loss Functions and the Rationality of Expected Stock Returns, MPRA Paper (2011) View citations (8) (2011)
18. The Effects of Derivatives on Firm Risk and Value
    Journal of Financial and Quantitative Analysis, 2011, 46, (4), 967-999 View citations (140)
    See also Working Paper The Effects of Derivatives on Firm Risk and Value, MPRA Paper (2008) View citations (10) (2008)

2010

19. CORPORATE HEDGING AND SHAREHOLDER VALUE
    Journal of Financial Research, 2010, 33, (4), 317-371 View citations (67)
    See also Working Paper Corporate Hedging and Shareholder Value, MPRA Paper (2009) View citations (2) (2009)
20. Macroeconomic risks and characteristic-based factor models
    Journal of Banking & Finance, 2010, 34, (6), 1383-1399 View citations (48)
    See also Working Paper Macroeconomic Risks and Characteristic-Based Factor Models, MPRA Paper (2010) View citations (52) (2010)
21. Resolving the exposure puzzle: The many facets of exchange rate exposure
    Journal of Financial Economics, 2010, 95, (2), 148-173 View citations (140)
    See also Working Paper Resolving the Exposure Puzzle: The Many Facets of Exchange Rate Exposure, MPRA Paper (2009) View citations (4) (2009)

2009

22. International Evidence on Financial Derivatives Usage
    Financial Management, 2009, 38, (1), 185-206 View citations (138)
    See also Working Paper International Evidence on Financial Derivatives Usage, Finance (2003) View citations (27) (2003)
23. No place to hide: The global crisis in equity markets in 2008/2009
    Journal of International Money and Finance, 2009, 28, (8), 1246-1292 View citations (99)

2008

24. Does adverse selection affect bid–ask spreads for options?
    Journal of Futures Markets, 2008, 28, (5), 417-437 View citations (5)
25. What lies beneath: Foreign exchange rate exposure, hedging and cash flows
    Journal of Banking & Finance, 2008, 32, (8), 1508-1521 View citations (54)
    See also Working Paper What Lies Beneath: Foreign Exchange Rate Exposure, Hedging and Cash Flows, MPRA Paper (2007) View citations (2) (2007)

2007

26. Competition without fungibility: Evidence from alternative market structures for derivatives
    Journal of Banking & Finance, 2007, 31, (3), 659-677 View citations (14)
27. Corporate cash flow and stock price exposures to foreign exchange rate risk
    Journal of Corporate Finance, 2007, 13, (5), 981-994 View citations (29)
    See also Working Paper Corporate Cash Flow and Stock Price Exposures to Foreign Exchange Rate Risk, MPRA Paper (2007) View citations (29) (2007)
28. Estimating systemic risk in the international financial system
    Journal of Financial Economics, 2007, 86, (3), 835-869 View citations (90)
    See also Working Paper Estimating Systemic Risk in the International Financial System, MPRA Paper (2005) View citations (4) (2005)
29. The Euro and European financial market dependence
    Journal of Banking & Finance, 2007, 31, (5), 1461-1481 View citations (122)
30. Why hedge? Rationales for corporate hedging and value implications
    Journal of Risk Finance, 2007, 8, (5), 434-449 View citations (3)

2006

31. The impact of the introduction of the Euro on foreign exchange rate risk exposures
    Journal of Empirical Finance, 2006, 13, (4-5), 519-549 View citations (66)
    See also Working Paper The Impact of the Introduction of the Euro on Foreign Exchange Rate Risk Exposures, Working Paper Series (2004) (2004)

2005

32. A primer on the exposure of non-financial corporations to foreign exchange rate risk
    Journal of Multinational Financial Management, 2005, 15, (4-5), 394-413 View citations (10)
33. Another look at the relationship between cross-market correlation and volatility
    Finance Research Letters, 2005, 2, (2), 75-88 View citations (27)
34. The Impact of Commodity Price Risk on Firm Value - An Empirical Analysis of Corporate Commodity Price Exposures
    Multinational Finance Journal, 2005, 9, (3-4), 161-187 View citations (14)

2004

35. Linear and nonlinear foreign exchange rate exposures of German nonfinancial corporations
    Journal of International Money and Finance, 2004, 23, (4), 673-699 View citations (74)
    See also Working Paper Linear and Nonlinear Foreign Exchange Rate Exposures of German Nonfinancial Corporations, Finance (2002) View citations (8) (2002)

2002

36. The Interest Rate Exposure of Nonfinancial Corporations
    Review of Finance, 2002, 6, (1), 101-125 View citations (30)
    See also Working Paper The Interest Rate Exposure of Nonfinancial Corporations, Finance (2002) View citations (3) (2002)

2001

37. International Portfolio Investment: Theory, Evidence, and Institutional Framework
    Financial Markets, Institutions & Instruments, 2001, 10, (3), 85-155
    See also Working Paper International Portfolio Investment: Theory, Evidence, and Institutional Framework, Finance (2001) View citations (24) (2001)

2000

38. Corporate Risk Management as a Lever for Shareholder Value Creation
    Financial Markets, Institutions & Instruments, 2000, 9, (5), 279-324 View citations (1)
    See also Working Paper Corporate Risk Management as a Lever for Shareholder Value Creation, Finance (2001) View citations (5) (2001)