Details about Campbell Harvey

E-mail:
Homepage:	http://www.duke.edu/~charvey
Phone:	9196607768
Postal address:	Fuqua School of Business, 100 Fuqua Drive, Durham, NC 27708-0120 USA
Workplace:	Finance Area, Fuqua School of Business, Duke University, (more information at EDIRC) National Bureau of Economic Research (NBER), (more information at EDIRC)

Access statistics for papers by Campbell Harvey.

Last updated 2018-12-09. Update your information in the RePEc Author Service.

Short-id: pha102

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Jump to Journal Articles Edited books Chapters

Working Papers

2023

1. An Anatomy of Crypto-Enabled Cybercrimes
   NBER Working Papers, National Bureau of Economic Research, Inc

2020

2. The Persistence of Miscalibration
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)

2017

3. Corporate Culture: Evidence from the Field
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (30)

2016

4. Rethinking Performance Evaluation
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)

2014

5. ... and the Cross-Section of Expected Returns
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)
6. Political Risk Spreads
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (76)
   See also Journal Article in Journal of International Business Studies (2014)

2013

7. The Golden Dilemma
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (47)

2011

8. Capital Allocation and Delegation of Decision-Making Authority within Firms
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (19)
   See also Journal Article in Journal of Financial Economics (2015)
9. The European Union, the Euro, and Equity Market Integration
   2011 Meeting Papers, Society for Economic Dynamics View citations (4)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (7)
   See also Journal Article in Journal of Financial Economics (2013)

2010

10. A Corporate Beauty Contest
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
11. Liquidity Management and Corporate Investment During a Financial Crisis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (78)
    See also Journal Article in Review of Financial Studies (2011)
12. Managerial Miscalibration
    Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics View citations (19)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (23)
13. What Segments Equity Markets?
    NBP Working Papers, Narodowy Bank Polski View citations (10)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (20)
    NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (19)
    See also Journal Article in Review of Financial Studies (2011)

2009

14. Financial Openness and Productivity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)
    See also Journal Article in World Development (2011)
15. The Real Effects of Financial Constraints: Evidence from a Financial Crisis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (51)
    See also Journal Article in Journal of Financial Economics (2010)

2007

16. Managerial Overconfidence and Corporate Policies
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (103)

2006

17. Liquidity and Expected Returns: Lessons from Emerging Markets
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (8)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (12)
    See also Journal Article in Review of Financial Studies (2007)

2005

18. Investor Competence, Trading Frequency, and Home Bias
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (37)
19. The Tactical and Strategic Value of Commodity Futures
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)

2004

20. Does Financial Liberalization Spur Growth?
    Working Paper Research, National Bank of Belgium View citations (36)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2001) View citations (185)
    See also Journal Article in Journal of Financial Economics (2005)
21. Dynamic Trading Strategies and Portfolio Choice
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
    Also in SIFR Research Report Series, Institute for Financial Research (2004) View citations (12)
22. Global Growth Opportunities and Market Integration
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    See also Journal Article in Journal of Finance (2007)
23. Growth Volatility and Financial Liberalization
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (61)
24. The Economic Implications of Corporate Financial Reporting
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
    See also Journal Article in Journal of Accounting and Economics (2005)

2003

25. Market Integration and Contagion
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (80)
    See also Journal Article in The Journal of Business (2005)
26. Payout Policy in the 21st Century
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (114)
    See also Journal Article in Journal of Financial Economics (2005)

2002

27. What Determines Expected International Asset Returns?
    CEMA Working Papers, China Economics and Management Academy, Central University of Finance and Economics View citations (38)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1994) View citations (21)
    Working Papers, HAL (1994) View citations (13)
    Working Papers, HAL (1994) View citations (13)
    See also Journal Article in Annals of Economics and Finance (2002)

2001

28. Expectations of Equity Risk Premia, Volatility and Asymmetry from a Corporate Finance Perspective
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (42)
29. The Effect of Capital Structure When Expected Agency Costs are Extreme
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    See also Journal Article in Journal of Financial Economics (2004)

2000

30. Are Correlations of Stock Returns Justified by Subsequent Changes in National Outputs?
    Working Papers, University of Pennsylvania, Wharton School, Weiss Center View citations (13)
    See also Journal Article in Journal of International Money and Finance (2003)
31. Emerging Equity Markets and Economic Development
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (34)
    See also Journal Article in Journal of Development Economics (2001)

1999

32. Conditioning Variables and the Cross-Section of Stock Returns
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (331)
    See also Journal Article in Journal of Finance (1999)
33. Economic, Financial, and Fundamental Global Risk In and Out of the EMU
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
34. The Dynamics of Emerging Market Equity Flows
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
    See also Journal Article in Journal of International Money and Finance (2002)

1998

35. Capital Flows and the Behavior of Emerging Market Equity Returns
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (80)
    See also Chapter (2000)
36. Dating the Integration of World Equity Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (25)
    See also Journal Article in Journal of Financial Economics (2002)

1997

37. Are Common Swings in International Stock Returns Justified by Subsequent Changes in National Outputs ?
    Working Papers, HAL View citations (2)
38. Foreign Speculators and Emerging Equity Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (25)
    Also in William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan (1997) View citations (43)
    See also Journal Article in Journal of Finance (2000)

1996

39. Fundamental Determinants of National Equity Market Returns: A Perspective on Conditional Asset Pricing
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
    See also Journal Article in Journal of Banking & Finance (1997)

1995

40. Emerging Equity Market Volatility
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (369)
    See also Journal Article in Journal of Financial Economics (1997)

1994

41. Conditional Asset Allocation in Emerging Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (31)
42. Market Timing Ability and Volatility Implied in Investment Newletters' Asset Allocation Recommendations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    See also Journal Article in Journal of Financial Economics (1996)
43. Predictable Risk and Returns in Emerging Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (20)
    See also Journal Article in Review of Financial Studies (1995)
44. Sources of Risk and Expected Returns in Global Equity Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (157)
    See also Journal Article in Journal of Banking & Finance (1994)
45. The Impact of the Federal Reserve Bank's Open Market Operations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Journal Article in Journal of Financial Markets (2002)
46. Time-Varying World Market Integration
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (87)
    See also Journal Article in Journal of Finance (1995)

1993

47. An Exploratory Investigation of the Fundamental Determinants of National Equity Market Returns
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
    See also Chapter (1994)
48. International asset pricing with alternative distributional specifications
    CEMA Working Papers, China Economics and Management Academy, Central University of Finance and Economics View citations (56)
    See also Journal Article in Journal of Empirical Finance (1993)

Journal Articles

2018

1. Detecting Repeatable Performance
   Review of Financial Studies, 2018, 31, (7), 2499-2552 View citations (18)
2. The Theory and Practice of Corporate Risk Management: Evidence from the Field
   Financial Management, 2018, 47, (4), 783-832 View citations (13)

2017

3. How to Write an Effective Referee Report and Improve the Scientific Review Process
   Journal of Economic Perspectives, 2017, 31, (1), 231-44 View citations (11)
4. Presidential Address: The Scientific Outlook in Financial Economics
   Journal of Finance, 2017, 72, (4), 1399-1440 View citations (148)
5. The management of political risk
   Journal of International Business Studies, 2017, 48, (4), 523-533 View citations (39)

2016

6. Editor's Choice … and the Cross-Section of Expected Returns
   Review of Financial Studies, 2016, 29, (1), 5-68 View citations (75)
7. Globalization and Asset Returns
   Annual Review of Financial Economics, 2016, 8, (1), 221-288 View citations (34)
8. Political risk and international valuation
   Journal of Corporate Finance, 2016, 37, (C), 1-23 View citations (36)

2015

9. Capital allocation and delegation of decision-making authority within firms
   Journal of Financial Economics, 2015, 115, (3), 449-470 View citations (93)
   See also Working Paper (2011)

2014

10. Political risk spreads
    Journal of International Business Studies, 2014, 45, (4), 471-493 View citations (76)
    See also Working Paper (2014)

2013

11. Earnings quality: Evidence from the field
    Journal of Accounting and Economics, 2013, 56, (2), 1-33 View citations (172)
12. Managerial attitudes and corporate actions
    Journal of Financial Economics, 2013, 109, (1), 103-121 View citations (322)
13. The European Union, the Euro, and equity market integration
    Journal of Financial Economics, 2013, 109, (3), 583-603 View citations (76)
    See also Working Paper (2011)

2012

14. Report of the Editor of the Journal of Finance for the Year 2011
    Journal of Finance, 2012, 67, (4), 1539-1553 View citations (1)

2011

15. Access to Liquidity and Corporate Investment in Europe during the Financial Crisis
    Review of Finance, 2011, 16, (2), 323-346 View citations (34)
16. Financial Openness and Productivity
    World Development, 2011, 39, (1), 1-19 View citations (135)
    See also Working Paper (2009)
17. Liquidity Management and Corporate Investment During a Financial Crisis
    Review of Financial Studies, 2011, 24, (6), 1944-1979 View citations (234)
    See also Working Paper (2010)
18. What Segments Equity Markets?
    Review of Financial Studies, 2011, 24, (12), 3841-3890 View citations (201)
    See also Working Paper (2010)

2010

19. Portfolio selection with higher moments
    Quantitative Finance, 2010, 10, (5), 469-485 View citations (139)
20. The real effects of financial constraints: Evidence from a financial crisis
    Journal of Financial Economics, 2010, 97, (3), 470-487 View citations (856)
    See also Working Paper (2009)

2008

21. Managerial Response to the May 2003 Dividend Tax Cut
    Financial Management, 2008, 37, (4), 611-624 View citations (38)
22. The Effect of the May 2003 Dividend Tax Cut on Corporate Dividend Policy: Empirical and Survey Evidence
    National Tax Journal, 2008, 61, (3), 381-96 View citations (4)

2007

23. Global Growth Opportunities and Market Integration
    Journal of Finance, 2007, 62, (3), 1081-1137 View citations (173)
    See also Working Paper (2004)
24. Liquidity and Expected Returns: Lessons from Emerging Markets
    Review of Financial Studies, 2007, 20, (6), 1783-1831 View citations (414)
    See also Working Paper (2006)

2005

25. Does financial liberalization spur growth?
    Journal of Financial Economics, 2005, 77, (1), 3-55 View citations (907)
    See also Working Paper (2004)
26. Market Integration and Contagion
    The Journal of Business, 2005, 78, (1), 39-70 View citations (514)
    See also Working Paper (2003)
27. Payout policy in the 21st century
    Journal of Financial Economics, 2005, 77, (3), 483-527 View citations (669)
    See also Working Paper (2003)
28. The economic implications of corporate financial reporting
    Journal of Accounting and Economics, 2005, 40, (1-3), 3-73 View citations (1412)
    See also Working Paper (2004)
29. The long-run equity risk premium
    Finance Research Letters, 2005, 2, (4), 185-194 View citations (38)

2004

30. The effect of capital structure when expected agency costs are extreme
    Journal of Financial Economics, 2004, 74, (1), 3-30 View citations (156)
    See also Working Paper (2001)

2003

31. Are correlations of stock returns justified by subsequent changes in national outputs?
    Journal of International Money and Finance, 2003, 22, (6), 777-811 View citations (97)
    See also Working Paper (2000)
32. Emerging markets finance
    Journal of Empirical Finance, 2003, 10, (1-2), 3-56 View citations (340)
33. Equity Market Liberalization in Emerging Markets
    Journal of Financial Research, 2003, 26, (3), 275-299 View citations (120)
    Also in Review, 2003, 85, (Jul), 53-74 (2003) View citations (114)

2002

34. Dating the integration of world equity markets
    Journal of Financial Economics, 2002, 65, (2), 203-247 View citations (252)
    See also Working Paper (1998)
35. HOW DO CFOs MAKE CAPITAL BUDGETING AND CAPITAL STRUCTURE DECISIONS?
    Journal of Applied Corporate Finance, 2002, 15, (1), 8-23 View citations (68)
36. Research in emerging markets finance: looking to the future
    Emerging Markets Review, 2002, 3, (4), 429-448 View citations (182)
37. The dynamics of emerging market equity flows
    Journal of International Money and Finance, 2002, 21, (3), 295-350 View citations (189)
    See also Working Paper (1999)
38. The impact of the Federal Reserve Bank's open market operations
    Journal of Financial Markets, 2002, 5, (2), 223-257 View citations (16)
    See also Working Paper (1994)
39. What Determines Expected International Asset Returns?
    Annals of Economics and Finance, 2002, 3, (2), 249-298 View citations (43)
    See also Working Paper (2002)

2001

40. Emerging equity markets and economic development
    Journal of Development Economics, 2001, 66, (2), 465-504 View citations (204)
    See also Working Paper (2000)
41. The specification of conditional expectations
    Journal of Empirical Finance, 2001, 8, (5), 573-637 View citations (149)
42. The theory and practice of corporate finance: evidence from the field
    Journal of Financial Economics, 2001, 60, (2-3), 187-243 View citations (1567)

2000

43. Conditional Skewness in Asset Pricing Tests
    Journal of Finance, 2000, 55, (3), 1263-1295 View citations (971)
44. Foreign Speculators and Emerging Equity Markets
    Journal of Finance, 2000, 55, (2), 565-613 View citations (924)
    See also Working Paper (1997)

1999

45. Autoregressive Conditional Skewness
    Journal of Financial and Quantitative Analysis, 1999, 34, (4), 465-487 View citations (353)
46. Conditioning Variables and the Cross Section of Stock Returns
    Journal of Finance, 1999, 54, (4), 1325-1360 View citations (336)
    See also Working Paper (1999)

1998

47. Measurement Error and Nonlinearity in the Earnings-Returns Relation
    Review of Quantitative Finance and Accounting, 1998, 11, (3), 219-47 View citations (9)

1997

48. Emerging equity market volatility
    Journal of Financial Economics, 1997, 43, (1), 29-77 View citations (772)
    See also Working Paper (1995)
49. Fundamental determinants of national equity market returns: A perspective on conditional asset pricing
    Journal of Banking & Finance, 1997, 21, (11-12), 1625-1665 View citations (35)
    See also Working Paper (1996)
50. The Relation between the Term Structure of Interest Rates and Canadian Economic Growth
    Canadian Journal of Economics, 1997, 30, (1), 169-93 View citations (43)

1996

51. Market timing ability and volatility implied in investment newsletters' asset allocation recommendations
    Journal of Financial Economics, 1996, 42, (3), 397-421 View citations (74)
    See also Working Paper (1994)

1995

52. Predictable Risk and Returns in Emerging Markets
    Review of Financial Studies, 1995, 8, (3), 773-816 View citations (628)
    See also Working Paper (1994)
53. The Risk Exposure of Emerging Equity Markets
    The World Bank Economic Review, 1995, 9, (1), 19-50 View citations (90)
54. Time-Varying World Market Integration
    Journal of Finance, 1995, 50, (2), 403-44 View citations (1124)
    See also Working Paper (1994)

1994

55. Sources of risk and expected returns in global equity markets
    Journal of Banking & Finance, 1994, 18, (4), 775-803 View citations (157)
    See also Working Paper (1994)

1993

56. International asset pricing with alternative distributional specifications
    Journal of Empirical Finance, 1993, 1, (1), 107-131 View citations (64)
    See also Working Paper (1993)
57. Strategic Treasury Debt Management in Public Policy
    Review of Policy Research, 1993, 12, (3‐4), 76-89
58. The Risk and Predictability of International Equity Returns
    Review of Financial Studies, 1993, 6, (3), 527-66 View citations (446)

1992

59. Dividends and S&P 100 index option valuation
    Journal of Futures Markets, 1992, 12, (2), 123-137 View citations (17)
60. Seasonality and Consumption-Based Asset Pricing
    Journal of Finance, 1992, 47, (2), 511-52 View citations (62)

1991

61. S&P 100 Index Option Volatility
    Journal of Finance, 1991, 46, (4), 1251-61 View citations (33)
62. The Variation of Economic Risk Premiums
    Journal of Political Economy, 1991, 99, (2), 385-415 View citations (698)
63. The World Price of Covariance Risk
    Journal of Finance, 1991, 46, (1), 111-57 View citations (505)
64. Volatility in the Foreign Currency Futures Market
    Review of Financial Studies, 1991, 4, (3), 543-69 View citations (114)

1990

65. Bayesian inference in asset pricing tests
    Journal of Financial Economics, 1990, 26, (2), 221-254 View citations (45)

1989

66. Time-varying conditional covariances in tests of asset pricing models
    Journal of Financial Economics, 1989, 24, (2), 289-317 View citations (359)

1988

67. The real term structure and consumption growth
    Journal of Financial Economics, 1988, 22, (2), 305-333 View citations (323)

Edited books

2004

1. Emerging Markets
   Books, Edward Elgar Publishing View citations (35)

Chapters

2015

1. The Strategic and Tactical Value of Commodity Futures
   Chapter 6 in THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS, 2015, pp 125-178 View citations (1)

2000

2. Capital Flows and the Behavior of Emerging Market Equity Returns
   A chapter in Capital Flows and the Emerging Economies: Theory, Evidence, and Controversies, 2000, pp 159-194 View citations (41)
   See also Working Paper (1998)

1994

3. An Exploratory Investigation of the Fundamental Determinants of National Equity Market Returns
   A chapter in The Internationalization of Equity Markets, 1994, pp 59-147 View citations (19)
   See also Working Paper (1993)