The North American Journal of Economics and Finance

1992 - 2025

Continuation of North American Review of Economics and Finance.

Current editor(s): Hamid Beladi

From Elsevier
Bibliographic data for series maintained by Catherine Liu ().

Access Statistics for this journal.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

Volume 51, issue C, 2020

Joint dynamic modeling and option pricing in incomplete derivative-security market

Yu-Min Lian and Jun-Home Chen

Bank fee-based shocks and the U.S. business cycle

Christian Calmès and Raymond Théoret

Institutional monitoring, coordination and corporate acquisitions in China

Fei Peng, Sajid Anwar and Lili Kang

Risk premium or irrational expectations? An investigation into the causes of forward discount bias across 27 developed and developing economies forward rates

Fazlul Miah and Omar Altiti

Creditor rights, financial health, and corporate investment efficiency

Francisco González

Are venture capitalist-backed IPOs more innovative? Evidence from an emerging market

Xunan Feng, Kam C. Chan and Yung Ling Lo

The policy mix in the US and EMU: Evidence from a SVAR analysis

Antonio Afonso and Luis Gonçalves

The nexus between country risk and exchange rate regimes: A global investigation

Jie Liu, Wei Wei, Yao-Bo Shi and Chun-Ping Chang

Are unemployment rates in OECD countries stationary? Evidence from univariate and panel unit root tests

Naceur Khraief, Muhammad Shahbaz, Almas Heshmati and Muhammad Azam

Market transparency and closing price behavior on month-end days: Evidence from Taiwan

Shu Hui Chan, Yu Chuan Huang and Sheng-Min Lin

Machine over Mind? Stock price clustering in the era of algorithmic trading

Sougata Das and Palani-Rajan Kadapakkam

Procyclical ratings and market reactions

Kristopher J. Kemper and Kristian Mortenson

Price effects of steel commodities on worldwide stock market returns

Juan P. Gutierrez and Andre Vianna

Time-frequency co-movements between oil prices and interest rates: Evidence from a wavelet-based approach

Walid Mensi, Mobeen Ur Rehman and Khamis Hamed Al-Yahyaee

Interest rate derivatives and risk exposure: Evidence from the life insurance industry

Hui-Hsuan Liu, Ariana Chang and Yung-Ming Shiu

Size and value effects in high-tech industries: The role of R&D investment

Lin Yu, Xiaoquan Liu, Hung-Gay Fung and Wai Kin Leung

Monetary policy on twitter and asset prices: Evidence from computational text analysis

Jochen Lüdering and Peter Tillmann

Sovereign credit rating: Evidence of bias against poor countries

David Tennant, Marlon R. Tracey and Damien W. King

State-controlled banks and income smoothing. Do politics matter?

Anh-Tuan Doan, Kun-Li Lin and Shuh-Chyi Doong

Testing the performance of technical analysis and sentiment-TAR trading rules in the Malaysian stock market

Siow-Hooi Tan, Ming-Ming Lai, Eng-Xin Tey and Lee-Lee Chong

Best classification algorithms in peer-to-peer lending

Petr Teply and Michal Polena

Sovereign default risk, debt uncertainty and fiscal credibility: The case of Brazil

Gabriel Montes and Ivan Souza

Multi-scale interactions between economic policy uncertainty and oil prices in time-frequency domains

Xiaolei Sun, Xiuwen Chen, Jun Wang and Jianping Li

The impact of bank competition and concentration on bank risk-taking behavior and stability: Evidence from GCC countries

Abdulazeez Y.H. Saif-Alyousfi, Asish Saha and Rohani Md-Rus

Structural breaks in the correlations between Asian and US stock markets

Chia-Hao Lee and Pei-I Chou

A fractional cointegration var analysis of exchange rate dynamics

Luis Gil-Alana and Hector Carcel

Two faces of corporate lobbying: Evidence from the pharmaceutical industry

Omer Unsal

Monetary policy efficiency and macroeconomic stability: Do financial openness and economic globalization matter?

Helder de Mendonça and Natalia Cunha Nascimento

Monetary policy, financial uncertainty, and secular stagnation

Yoshito Funashima

Mergers between local public firms

Juan Bárcena-Ruiz and María Begoña Garzón

Did covenants distort risk signals from bank subordinated debt yields before the financial crisis?

Kevin K. Lee and Scott A. Miller

Role of credit and monetary policy in determining asset prices: Evidence from emerging market economies

Bhupal Singh and Avadhoot R. Nadkarni

States of psychological anchors and price behavior of Japanese yen futures

Hsiu-Chuan Lee, Yun-Huan Lee, Yang-Cheng Lu and Yu-Chun Wang

The effect of domestic and foreign risks on an emerging stock market: A time series analysis

Dervis Kirikkaleli

An investigation on mixed housing-cycle structures and asymmetric tail dependences

Kuang-Liang Chang

Risk spillover between the US and the remaining G7 stock markets using time-varying copulas with Markov switching: Evidence from over a century of data

Qiang Ji, Bing-Yue Liu, Juncal Cuñado and Rangan Gupta

Equity market and money supply spillovers and economic growth in BRICS economies: A global vector autoregressive approach

Nahla Samargandi, Ali Kutan, Kazi Sohag and Faisal Alqahtani

Lasso-based index tracking and statistical arbitrage long-short strategies

Sant’Anna, Leonardo Riegel, João Frois Caldeira and Tiago Pascoal Filomena

Earnings quality and corporate payout policy linkages: An Indian context

Rajesh Pathak and Ranajee,

What do movements in financial traders’ net long positions reveal about aggregate stock returns?

Kwamie Dunbar and Jing Jiang

A much robust and updated evidences of the alternative real-estate based asset pricing

Qi Shi

Predicting stock market crises using daily stock market valuation and investor sentiment indicators

Junhui Fu, Qingling Zhou, Yufang Liu and Xiang Wu

Investor protection, regulation and bank risk-taking behavior

Joao Teixeira, Tiago Matos, Gui L.P. da Costa and Mário J.A. Fortuna

Welfare improving licensing with endogenous choice of prices versus quantities

Hong-Ren Din and Chia-Hung Sun

Unconventional monetary policy and financialization of commodities

Beyza Mina Ordu-Akkaya and Ugur Soytas

Should we worry about the decline of the public corporation? A brief survey of the economics and external effects of the stock market

Nikita Koptyug, Lars Persson and Joacim Tåg

Investigating properties of commodity price responses to real and nominal shocks

Hyeongwoo Kim and Yunxiao Zhang

Disagreements with noisy signals and asset pricing

Hailong Wang, Duni Hu, Chaoqun Ma and Fengchao Cheng

Is inflation driven by survey-based, VAR-based or myopic expectations? An empirical assessment from US real-time data

Frédérique Bec and Patrick Kanda

U.S. uncertainty and Asian stock prices: Evidence from the asymmetric NARDL model

Chin Chia Liang, Carol Troy and Ellen Rouyer

Empirical evidence of extreme dependence and contagion risk between main cryptocurrencies

Aviral Tiwari, Adeolu O. Adewuyi, Claudiu Albulescu and Mark Wohar

Threshold effect of scale and skill in active mutual fund management

Terence Tai Leung Chong, Nayoung Lee and Chan-Ip Sio

An effective hybrid variance reduction method for pricing the Asian options and its variants

King-Jeng Lu, Chiung-Ju Liang, Ming-Hua Hsieh and Yi-Hsi Lee

Development of bank microcredit

Jose Cao-Alvira and Luca Deidda

The asymmetric response of the economy to tax changes before and after 1980

Andrew Bossie

A fractional cointegration VAR analysis of Islamic stocks: A global perspective

Afees Salisu, Umar Ndako, Idris Adediran and Raymond Swaray

Decomposing the term structures of local currency sovereign bond yields and sovereign credit default swap spreads

Masaru Tsuruta

Effects of the fat-tail distribution on the relationship between prospect theory value and expected return

Cheoljun Eom and Jong Won Park

A quantile-copula approach to dependence between financial assets

Jong-Min Kim, Lucia Tabacu and Hojin Jung

Global factors, international spillovers, and the term structure of interest rates: New evidence for Asian Countries

Chiara Guerello and Marco Tronzano

Services trade restrictiveness and manufacturing export sophistication

Xiaoyan Su, Sajid Anwar, Ying Zhou and Xuan Tang

Institutional investors and firm performance: Evidence from IPOs

Allen Michel, Jacob Oded and Israel Shaked

Accruals quality, information risk, and institutional investors’ trading behavior: Evidence from the Korean stock market

Kyung Soon Kim, Chune Young Chung, Jin Hwon Lee and Sangjun Cho

Firm-specific, industry-specific and macroeconomic factors of life insurers’ profitability: Evidence from Canada

Robert N. Killins

Modelling conditional skewness: Heterogeneous beliefs, short sale restrictions and market declines

Wai Yan Shum

Valuation effects of capital inflows: Evidence from emerging market economies

Dieu Thanh Le and Hail Park

Forecasting volatility with component conditional autoregressive range model

Xinyu Wu and Xinmeng Hou

The information content of funds from operations and net income in real estate investment trusts

Sang Ik Seok, Hoon Cho and Doojin Ryu

Predictability in sovereign bond returns using technical trading rules: Do developed and emerging markets differ?

Tom Fong and Shui Tang Wu

A TVM-Copula-MIDAS-GARCH model with applications to VaR-based portfolio selection

Cuixia Jiang, Xiaoyi Ding, Qifa Xu and Yongbo Tong

Vertical separation of transmission control and market efficiency in the wholesale electricity market

Yin Chu and Chun-Ping Chang

Swiss National Bank communication and investors’ uncertainty

Hendrik Hüning

Credit towards graduation: The impact of US bank deregulation on human capital accumulation

Patrick Reilly

Dynamic risk spillovers and portfolio risk management between precious metals and global foreign exchange markets

Walid Mensi, Shawkat Hammoudeh, Mobeen Ur Rehman, Alanoud Ali S. Al-Maadid and Sang Hoon Kang

Currency magnitude and cognitive biases: Evidence of dividend rounding in Latin America

Augusto Castillo, German Rubio and Keith Jakob

Exploring the sources of financial performance in Chinese banks: A comparative analysis of different types of banks

Xiang Chen

Comparative empirical study of binomial call-option pricing methods using S&P 500 index data

Yossi Shvimer and Avi Herbon

Are the interdependence characteristics of the US and Canadian energy equity sectors nonlinear and asymmetric?

Waqas Hanif, Jose Arreola Hernandez, Perry Sadorsky and Seong-Min Yoon

Asymmetric risk spillovers between Shanghai and Hong Kong stock markets under China’s capital account liberalization

Kun Yang, Yu Wei, Shouwei Li and Jianmin He

The determinants of austerity in the European Union 2010–16

Roberto Tamborini and Matteo Tomaselli

Dynamic relations between oil and stock market returns: A multi-country study

Jose Gomez-Gonzalez, Jorge Hirs-Garzon and Juliana Gamboa-Arbelaez

Disagreement with procyclical beliefs and asset pricing

Hailong Wang and Duni Hu

Spatial spillover effects and risk contagion around G20 stock markets based on volatility network

Weiping Zhang, Xintian Zhuang and Yang Lu

The rise of passive investing and index-linked comovement

Vincent Grégoire

How CEO narcissism affects earnings management behaviors

Fengyi Lin, Sheng-Wei Lin and Wen-Chang Fang

Asymmetric volatility spillovers between international economic policy uncertainty and the U.S. stock market

Feng He, Ziwei Wang and Libo Yin

Do natural disasters and geopolitical risks matter for cross-border country exchange-traded fund returns?

Chien-Chiang Lee and Mei-Ping Chen

The heterogeneous behaviour of the inflation hedging property of cocoa

Afees Salisu, Idris Adediran, Tirimisiyu Oloko and William Ohemeng

A new method to verify Bitcoin bubbles: Based on the production cost

Jinwu Xiong, Qing Liu and Lei Zhao

Measuring extreme risk spillovers across international stock markets: A quantile variance decomposition analysis

Xianfang Su

Site visit information content and return predictability: Evidence from China

Dayong Dong, Sishi Yue and Jiawei Cao

An options-based approach to analyze auction guarantees in the art market

Ventura Charlin and Arturo Cifuentes