Journal of Empirical Finance

1993 - 2025

Current editor(s): R. T. Baillie, F. C. Palm, Th. J. Vermaelen and C. C. P. Wolff

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 67, issue C, 2022

Do connections pay off in the bitcoin market? pp. 1-18

Kwok Ping Tsang and Zichao Yang

Small is beautiful? How the introduction of mini futures contracts affects the regular contracts pp. 19-38

Stefan Greppmair and Erik Theissen

Partial moments and indexation investment strategies pp. 39-59

Jinbo Huang, Yong Li and Haixiang Yao

Dynamic risk management and asset comovement pp. 60-77

Søren Bundgaard Brøgger

The informativeness of regional GDP announcements: Evidence from China pp. 78-99

Rubin Hao, Guanmin Liao, Wenhong Ding and Wei Guan

The non-linear trade-off between return and risk and its determinants pp. 100-132

John Cotter and Enrique Salvador

Uncovered interest rate parity redux: Non-uniform effects pp. 133-151

Yin-Wong Cheung and Wenhao Wang

The anatomy of a fee change — evidence from cryptocurrency markets pp. 152-167

Alexander Brauneis, Roland Mestel, Ryan Riordan and Erik Theissen

The role of information signals in determining crowdfunding outcomes pp. 168-181

Jin-Hyuk Kim, Peter Newberry and Calvin Qiu

Depositor responses to a banking crisis: Are finance professionals special? pp. 182-195

Glenn Boyle, Roger Stover, Amrit Tiwana and Oleksandr Zhylyevskyy

Equity issues, creditor control and market timing patterns: Evidence from leverage decreasing recapitalizations pp. 196-216

Michael Kisser and Loreta Rapushi

US risk premia under emerging markets constraints pp. 217-230

Elias Cavalcante-Filho, Fernando Chague, Rodrigo De-Losso and Bruno Giovannetti

Mutual fund (sub)advisor connections and crowds pp. 231-252

William Beggs and Luke DeVault

Corporate hedging fragility in the over-the-counter market pp. 253-270

Paul Calluzzo and Evan Dudley

The stock market tips pp. 271-287

Cihan Uzmanoglu

Stock return prediction: Stacking a variety of models pp. 288-317

Albert Bo Zhao and Tingting Cheng

I only fear when I hear: How media affects insider trading in takeover targets pp. 318-342

Mark Aleksanyan, Jo Danbolt, Antonios Siganos and Wu, Betty (H.T.)

Volume 66, issue C, 2022

Isolating momentum crashes pp. 1-22

Maik Dierkes and Jan Krupski

The impact of liquidity risk in the Chinese banking system on the global commodity markets pp. 23-50

Yonghwan Jo, Jihee Kim and Francisco Santos

Cross-border M&As and credit risk: Evidence from the CDS market pp. 51-73

Iuliana Ismailescu and Burcin Col

Financial risk-taking, religiosity and denomination heterogeneity pp. 74-98

Jian Li

Development banks and the syndicate structure: Evidence from a world sample pp. 99-120

Degl’Innocenti, Marta, Marco Frigerio and Si Zhou

Is idiosyncratic risk priced? The international evidence pp. 121-136

Paul Brockman, Tao Guo, Maria Gabriela Vivero and Wayne Yu

Reinsurance demand and liquidity creation: A search for bicausality pp. 137-154

Denise Desjardins, Georges Dionne and Koné, N’Golo

The diversification benefits and policy risks of accessing China’s stock market pp. 155-175

Chenyu Shan, Dragon Yongjun Tang, Sarah Qian Wang and Chang Zhang

Income, trading, and performance: Evidence from retail investors pp. 176-195

Dien Giau Bui, Iftekhar Hasan, Chih-Yung Lin and Rui-Xiang Zhai

Volume 65, issue C, 2022

Non-marketability and one-day selling lockup pp. 1-23

Jiangze Bian, Tie Su and Jun Wang

Characteristic-sorted portfolios and macroeconomic risks—An orthogonal decomposition pp. 24-50

Christopher Adcock, Wolfgang Bessler and Thomas Conlon

The time-varying bond risk premia in China pp. 51-76

Han Zhang, Bin Guo and Lanbiao Liu

Asymmetric effects of the limit order book on price dynamics pp. 77-98

Tolga Cenesizoglu, Georges Dionne and Xiaozhou Zhou

A toolkit for exploiting contemporaneous stock correlations pp. 99-124

Kazuhiro Hiraki and Chuanping Sun

Do interest rate differentials drive the volatility of exchange rates? Evidence from an extended stochastic volatility model pp. 125-148

M. Ulm and J. Hambuckers

Volume 64, issue C, 2021

City goes dark: Dark trading and adverse selection in aggregate markets pp. 1-22

Gbenga Ibikunle, Matteo Aquilina, Ivan Diaz-Rainey and Yuxin Sun

Oil price shocks and the US stock market: A nonlinear approach pp. 23-36

Inwook Hwang and Jaebeom Kim

Stochastic volatility: A tale of co-jumps, non-normality, GMM and high frequency data pp. 37-52

Christian-Oliver Ewald and Yihan Zou

The price discovery role of day traders in futures market: Evidence from different types of day traders pp. 53-77

Scott Fung and Shih-Chuan Tsai

Executive risk-taking and the agency cost of debt pp. 78-94

Matthew Imes and Ronald Anderson

The predictive power of Nelson–Siegel factor loadings for the real economy pp. 95-127

Yang Han, Anqi Jiao and Jun Ma

Caught in the crossfire: How the threat of hedge fund activism affects creditors pp. 128-143

Felix Zhiyu Feng, Qiping Xu and Caroline H. Zhu

Machine learning loss given default for corporate debt pp. 144-159

Luke M. Olson, Min Qi, Xiaofei Zhang and Xinlei Zhao

Uncertainty, prospectus content, and the pricing of initial public offerings pp. 160-182

Nicholas Crain, Robert Parrino and Raji Srinivasan

To be or not to be all-equity for firms that eliminate long-term debt pp. 183-206

D’Mello, Ranjan and Mark Gruskin

On the stability of stablecoins pp. 207-223

Klaus Grobys, Juha Junttila, James W. Kolari and Niranjan Sapkota

Reinforcement learning and risk preference in equity linked notes markets pp. 224-246

Reo Song, Sungha Jang, Yingdi Wang, Dominique M. Hanssens and Jaebeom Suh

Endogeneity in the mutual fund flow–performance relationship: An instrumental variables solution pp. 247-271

David Rakowski and Ehab Yamani

Time-dependent lottery preference and the cross-section of stock returns pp. 272-294

Chaonan Lin, Hong-Yi Chen, Kuan-Cheng Ko and Nien-Tzu Yang

Diversity and inclusion: Evidence from corporate inventors pp. 295-316

Chunfang Cao, Xiaohui Li, Xiaoyang Li, Cheng Zeng and Xuan Zhou

Investment restrictions and fund performance pp. 317-336

Jon A. Fulkerson and Xin Hong

Follow the leader: Index tracking with factor models pp. 337-350

Pan Jiang and M. Fabricio Perez

Housing market spillovers through the lens of transaction volume: A new spillover index approach pp. 351-378

Jian Yang, Meng Tong and Ziliang Yu

Gender and herding pp. 379-400

Zhigang Zheng, Ke Tang, Yaodong Liu and Jie Michael Guo