LSE Research Online Documents on Economics

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119256: Water risks for hydroelectricity generation

Chiara Colesanti Senni and Adrian von Jagow

119255: Water risks for hydroelectricity generation

Chiara Colesanti Senni and Adrian von Jagow

119251: Secure attachment predicts lower societal cost amongst severely antisocial adolescents

Christian J. Bachmann, Sajid Humayun, Madeleine Stevens, O’Connor, Thomas G. and Stephen Scott

119237: Learning by searching: spatial mismatches and imperfect information in Southern labor markets

Abhijit Banerjee and Sandra Sequeira

119226: Cleansing by tight credit: rational cycles and endogenous lending standards

Maryam Farboodi and Peter Kondor

119201: Scrutinising Nusantara: the making of an authoritarian city

Sulfikar Amir

119200: Great or grim? Disagreement about Brexit, economic expectations and household spending

Pei Kuang, Davide Luca, Zhiwu Wei and Yao Yao

119197: Is historical cost accounting a panacea? Market stress, incentive distortions, and gains trading

Andrew Ellul, Chotibhak Jotikasthira, Christian Lundblad and Yihui Wang

119194: Bank presence and health

Kim Fe Cramer

119192: Peer effects in deposit markets

Kim Fe Cramer and Naz Koont

119187: The foreign exchange market: a random walk with a dragging anchor

C. A. E. Goodhart

119186: The clustering of bid/ask prices and the spread in the foreign exchange market

C. A. E. Goodhart and Riccardo Curcio

119185: Auction and dealership markets: what is the difference?

Marco Pagano and Ailsa Röell

119184: When support/resistance levels are broken, can profits be made? Evidence from the foreign exchange market

Riccardo Curcio and C. A. E. Goodhart

119183: UK directors' trading: the impact of dealings in smaller firms

Alan Gregory, John Matako, Ian Tonks and Richard Purkis

119182: Exploiting cross section variation for unit root inference in dynamic data

Danny Quah

119181: Debt inflation: theory and evidence

Mervyn King

119180: State prices implicit in valuation formulae for derivative securities: a martingale approach

Sven Rady

119179: Risk and return in the Spanish stock market

Enrique Sentana

119178: Central bank reputation and conservativeness

Michele Frantianni and Haizhou Huang

119177: Pricing options on assets with predictable white noise returns

Angel Leon and Enrique Sentana

119176: What is the Central Bank's game?

C. A. E. Goodhart and Haizhou Huang

119175: Speculative securities

José Marín and Rohit Rahi

119174: Option pricing with a quadratic diffusion term

Sven Rady

119173: The dynamics of default and debt reorganization

Pierre Mella-Barral

119172: Optimal managerial remuneration and firm-level diversification

Erlend Nier

119171: Trading volumes and transaction costs in the foreign market - evidence from daily dollar-yen spot data

Philipp Hartmann

119170: R&D intensity and finance: are innovative firms financially constrained?

Ward Brown

119169: Announcement effects and seasonality in the intra-day foreign exchange market

Richard Payne

119168: Term structure modelling of defaultable bonds

Philipp Schonbucher

119167: Using time series methods to assess information and inventory effects in a dealer market in Il-liquid stocks

Andy Snell and Ian Tonks

119166: Value-at-risk and extreme returns

Jon Danielsson and Casper Vries

119165: Excessive stock price dispersion: a regression test of cross-sectional volatility

Andy Snell, Ian Tonks and George Bulkley

119164: Short-term and long-term government debt and non-resident interest withholding taxes

Sylvester Eijffinger, Harry Huizinga and Jan Lemmen

119163: Optimal monetary policy rules in a rational expectations model of the Phillips curve

Peter Clark, C. A. E. Goodhart and Haizhou Huang

119162: Implicit contracts, managerial incentives and financial structure

Roberta Dessi

119161: Maximum likelihood estimation of stochastic volatility models

G. Sandmann and Siem Jan Koopman

119160: Locally minimizing the credit risk

Christopher Lotz

119159: Default risk in asset pricing

Pierre Mella-Barral and Pierre Tychon

119158: Disclosure requirements and stock exchange listing choice in an international context

Steven Huddart, John Hughes and Markus Brunnermeier

119157: Soft budget constraint and stock price information

Antoine Faure-Grimaud

119154: Dynamic adverse selection and debt

Gilles Chemla and Antoine Faure-Grimaud

119153: The effects of macroeconomic 'news' on high frequency exchange rate behaviour

Alvaro Almeida, Charles Goodhart and Richard Payne

119152: Managers, debt and industry equilibrium

Erlend Nier

119151: An investigation of long range dependence in intra-day foreign exchange rate volatility

Marc Henry and Richard Payne

119150: Should speculators be taxed?

James Dow and Rohit Rahi

119148: Do Reuters spreads reflect currencies' differences in global trading activity?

Philipp Hartmann

119147: Informed trading, investment, and welfare

James Dow and Rohit Rahi

119146: Pareto-improving asymmetric information in a dynamic insurance market

Thomas Garidel

119145: Close relationships between banks and firms: is it good or bad?

Vittoria Cerasi and Sonja Daltung

119144: Data snooping, technical trading, rule performance, and the bootstrap

Ryan Sullivan, Allan Timmermann and Halbert White

119143: Housing market fluctuations in a life-cycle economy with credit constraints

Francois Ortalo-Magne and Sven Rady

119142: The dangers of data-driven inference: the case of calender effects in stock returns

Ryan Sullivan, Allan Timmermann and Halbert White

119141: Beyond the sample: extreme quantile and probability estimation

Jon Danielsson and Casper Vries

119140: A dilution cost approach to financial intermediation and securities markets

Patrick Bolton and Xavier Feixas

119139: Revenue efficiency and change of control: the case of bankruptcy

Francesca Cornelli and Leonardo Felli

119138: Optimal monetary policy in a model of asymmetric central bank preferences

Bob Nobay and David Peel

119137: Liquidity in second tier equity markets: evidence from London's Alternative Investment Market (AIM)

John Board, Anne Villa and Stephen Wells

119136: Utility functions for central bankers: the not so drastic quadratic

Phillip Schellekens and Jagjit Chadha

119135: Buy on rumours - sell on news: a manipulative trading strategy

Markus Brunnermeier

119134: Boom in, bust out: young households and the housing price cycle

Francois Ortalo-Magne and Sven Rady

119131: A model of the lender of last resort

C. A. E. Goodhart and Haizhou Huan

119130: Corporate governance rules and the value of control - a study of German dual-class shares

Ulrike Hoffmann-Burchardi

119129: Clustering of initial public offerings, information revelation and underpricing

Ulrike Hoffmann-Burchardi

119128: Moral hazard, insurance, and some collusion

Ingela Alger and Ching-to Ma

119127: Arbitrage and endogenous market integration

Jean-Pierre Zigrand

119126: Real trading patterns and prices in spot foreign exchange markets

Jon Danielsson and Richard Payne

119124: Moments of Markov switching models

Allan Timmermann

119123: Corporate walkout decisions and the value of default

Tom Dahlström and Pierre Mella-Barral

119122: Bank moral hazard and market discipline

Elena Carletti

119121: Optimal bail out policy, conditionality and creative ambiguity

Xavier Freixas

119120: Financing entrepreneurs: optimal contracts and the role of intermediaries

Roberta Dessi

119119: Contrasting different forms of price stickiness: an analysis of exchange rate overshooting and the beggar thy neighbour policy

Markus Brunnermeier and Clemens Grafe

119118: Barbarians in chains - takeover regulation and minority shareholder wealth

Ulrike Hoffmann-Burchardi

119117: Time series of commodity futures prices

Jane Black and Ian Tonks

119116: Stock price patterns around the trades of corporate insiders on the London Stock Exchange

Sylvain Friederich, Alan Gregory, John Matako and Ian Tonks

119115: Equity finance, adverse selection and product market competition

Erlend Nier

119114: Insider trading, investment and liquidity: a welfare analysis

Sudipto Bhattacharya and Giovanna Nicodano

119113: Firm size and cyclical variations in stock returns

Gabriel Perez-Quiros and Allan Timmermann

119112: A simple model of an international lender of last resort

C. A. E. Goodhart and Haizhou Huang

119111: Financial constraints, precautionary saving and firm dynamics

Andrea Caggese

119110: Collateral, renegotiation and the value of diffusely held debt

Ulrich Hege and Pierre Mella-Barral

119109: The profitability of block trades in auction and dealer markets

Andy Snell and Ian Tonks

119108: Banks as catalysts for industrialization

Marco Rin and Thomas Hellman

119107: Debt, incentives and performance: evidence from UK panel data

Roberta Dessi and Donald Robertson

119106: Excessive continuation and dynamic agency costs of debt

Jean-Paul Decamps and Antoine Faure-Grimaud

119105: A generalisation of Malliavin weighted scheme for fast computation of the Greeks

Eric Benhamou

119104: Pricing convexity adjustment with Wiener chaos

Eric Benhamou

119103: Bank capital regulation with random audits

Sudipto Bhattacharya, Manfred Plank, Günter Strobl and Josef Zechner

119102: Strategic trading and learning about liquidity

Harrison Hong and Sven Rady

119101: External financing costs and banks' loan supply: does the structure of the bank sector matter

Charlotte Ostergaard

119100: Is cash becoming technologically outmoded? Or does it remain necessary to facilitate "bad behaviour"? An empirical investigation into the determinants of cash holdings

Matthias Drehman and C. A. E. Goodhart

119099: Club enlargement: early versus late admittance

Mike Burkart and Klaus Wallner

119098: Business cycle asymmetries in stock returns: evidence from higher order moments and conditional densities

Gabriel Perez-Quiros and Allan Timmermann

119096: Liquidity and credit risk

Jan Ericsson and Olivier Renault

119095: An auto-regressive conditional binomial option pricing model

Jean-Luc Prigent, Olivier Renault and Olivier Scaillet

119093: Financing constraints and inventories

Ward Brown and Urs Haegler

119092: Asset price dynamics with value-at-risk constrained traders

Jon Danielsson, Hyun Song Shin and Jean-Pierre Zigrand

119091: Option prices under Bayesian learning: implied volatility dynamics and predictive densities

Massimo Guidolin and Allan Timmermann

119090: Modelling a housing and mortgage crisis

Charles Goodhart, Dimitri Tsomocos and Alexandros Vardoulakis