Follow


Submissions from 2025

Debt capacity and the ability to service the public debt: A discerning look at the credit quality of Uncle Sam, Don Chance

Factor Model Comparisons with Conditioning Information, Wayne E. Ferson, Andrew F. Siegel, and Junbo L. Wang

Kernel-Based Machine Learning for Option Pricing, Yingying Guo and Don Chance

The paradox of slave collateral, Rajesh P. Narayanan and Jonathan Pritchett

Modeling Spatial, Temporal, and Multivariate Autoregressive Dependence in Real Estate Prices, R. Kelley Pace, Darren K. Hayunga, and James P. LeSage

Submissions from 2024

PDF

Impacts of extreme weather events on mortgage risks and their evolution under climate change: A case study on Florida, Raffaella Calabrese, Timothy Dombrowski, Antoine Mandel, R. Kelley Pace, and Luca Zanin

From Man vs. Machine to Man + Machine: The art and AI of stock analyses, Sean Cao, Wei Jiang, Junbo Wang, and Baozhong Yang

PDF

The Risk Management of COVID-19: Lessons from Financial Economics and Financial Risk Management, Don M. Chance

Media coverage and debt financing choice, C. S.Agnes Cheng, Liangliang Jiang, and Wei Ling Song

Imputing Borrower Heterogeneity and Dynamics in Mortgage Default Models, Timothy Dombrowski, R. Kelley Pace, and Junbo Wang

PDF

Differential Measurement Error in House Price Indices, Darren Hayunga, R. Kelley Pace, Shuang Zhu, and Raffaella Calabrese

TECH GIANTS AND NEW ENTRY THREATS, Yang Pan and Wei Ling Song

Submissions from 2023

A new look at the left-handed advantage in baseball, Don M. Chance and Philip Z. Maymin

The Rank-Size Rule and Challenges in Diversifying Commercial Real Estate Portfolios, Timothy P. Dombrowski, Rajesh P. Narayanan, and R. Kelley Pace

Valuation when disaster risks increase at an increasing rate, Ravi Joshi, Rajesh P. Narayanan, and R. Kelley Pace

Information flow and credit rating announcements, Mehdi Khorram, Haitao Mo, and Gary C. Sanger

Submissions from 2022

Dividends on Unearned Shares and Corporate Payout Policy: An Analysis of Dividend Equivalent Rights, Z. Tingting Jia and Don M. Chance

Multidimensional nature of dominant behavior: Insights from behavioral neuroscience, Kateryna Murlanova, Michael Kirby, Lev Libergod, Mikhail Pletnikov, and Albert Pinhasov

PDF

Ignoring Spatial and Spatiotemporal Dependence in the Disturbances Can Make Black Swans Appear Grey, R. Kelley Pace and Raffaella Calabrese

Linking stress and inflammation – is there a missing piece in the puzzle?, Albert Pinhasov and Michael Kirby

Do Sunk Costs Affect Prices in the Housing Market?, Dimuthu Ratnadiwakara and Vijay Yerramilli

Submissions from 2021

A Panel Regression Approach to Holdings-Based Fund Performance Measures, Wayne Ferson and Junbo L. Wang

Bragging rights: Does corporate boasting imply value creation?, Pratik Kothari, Don M. Chance, and Stephen P. Ferris

Interpreting Spatial Econometric Models, James P. LeSage and R. Kelley Pace

Anti-Cancer Effects of Cyclic Peptide ALOS4 in a Human Melanoma Mouse Model, Bar Levi, Shiri Yacobovich, Michael Kirby, Maria Becker, Oryan Agranyoni, Boris Redko, Gary Gellerman, Albert Pinhasov, Igor Koman, and Elimelech Nesher

Does Reciprocity Affect Analysts’ Incentives to Release Timely Information? Evidence from Syndication Relationships in Securities Underwriting, Connie X. Mao and Wei-Ling Song

Maximum Likelihood Estimation, R. Kelley Pace

A simple closed-form relation between spatial weight matrices with different scalings, R. Kelley Pace and James P. LeSage

Collateral Value and Strategic Default: Evidence from Auto Loans, Dimuthu Ratnadiwakara

Flooded Social Connections, Dimuthu Ratnadiwakara

Tech Giants and New Entry Threats, Wei Ling Song and Yang Pan

Statutory right of redemption and its influence on defaulted mortgage outcomes, Shuang Zhu and R. Kelley Pace

Submissions from 2020

MORTGAGE PORTFOLIO DIVERSIFICATION IN THE PRESENCE OF CROSS-SECTIONAL AND SPATIAL DEPENDENCE, Timothy Dombrowski, R. Kelley Pace, and Rajeshp Narayanan

PDF

Deductible Choice in Flood Insurance: Who Chooses the Maximum?, Timothy Dombrowski; R. Kelley Pace; Dimuthu Ratnadiwakara; and V. Carlos Slawson,

The FIMA NFIP's redacted policies and redacted claims datasets, Timothy Dombrowski, Dimuthu Ratnadiwakara, and V. Carlos Slawson

PDF

First Person: The Pandemic'S Silver Lining: Real Talk For Future Teachers, J Hipp

Is smart beta still smart under the lens of the diversification return?, Wenguang Lin and Gary C. Sanger

PDF

Demographic, jurisdictional, and spatial effects on social distancing in the United States during the COVID-19 pandemic, Rajesh P. Narayanan, James Nordlund, r. Kelley Pace, and Dimuthu Ratnadiwakara

Examining the Information Content of Residuals from Hedonic and Spatial Models Using Trees and Forests, R. Kelley Pace and Darren Hayunga

Do Institutional Investors Know Banks Better? Evidence From Institutional Trading Surrounding the 2008 Financial Crisis, Wei Ling Song and Hui Wang

Biological Sex and IgE Sensitization Influence Severity of Depression and Cortisol Levels in Atopic Dermatitis, Tatyana Vinnik, Anatoly Kreinin, Gulshara Abildinova, Gulnar Batpenova, Michael Kirby, and Albert Pinhasov

PDF

TESTING FOR COMPLETE PASS-THROUGH OF EX ASS-THROUGH OF EXCHANGE RA ANGE RATE WITHOUT TRADE BARRIERS, Tengfei Zhang, Tianxiang Li, and Tomas BALEŽENTIS

Submissions from 2019

The "superior performance" of covered calls on the sandp 500: Rethinking an anomaly, Robert Brooks, Don Chance, and Michael Hemler

Mortgage default decisions in the presence of non-normal, spatially dependent disturbances, Raffaella Calabrese, Meagan McCollum, and R. Kelley Pace

An option pricing approach to corporate dividends and the capital investment financing decision, Don M. Chance

Financial Risk Management: An End User Perspective, Don M. Chance

The relationship insurance role of financial conglomerates: Evidence from earnings announcements, Jiun Lin Chen, Gary C. Sanger, and Wei Ling Song

Introduction to Special Issue on Spatial Issues Affecting Housing Markets, Dean H. Gatzlaff, Keith Ihlanfeldt, Kelly Pace, and G. Stacy Sirmans

The Impact of TOM on Prices in the US Housing Market, Darren K. Hayunga and R. Kelley Pace

Borrower Risk and Housing Price Appreciation, Darren K. Hayunga, R. Kelley Pace, and Shuang Zhu

Empirical tests of asset pricing models with individual assets: Resolving the errors-in-variables bias in risk premium estimation, Narasimhan Jegadeesh, Joonki Noh, Kuntara Pukthuanthong, Richard Roll, and Junbo Wang

PDF

An alternative fundamental weighting scheme based on enterprise value multiple, Wenguang Lin and Gary C. Sanger

Using the spatial configuration of the data to improve estimation, R. Kelley Pace and Otis W. Gilley

The influence of house, seller, and locational factors on the probability of sale, R. Kelley Pace and Shuang Zhu

Does CEO compensation reflect managerial ability or managerial power? Evidence from the compensation of powerful CEOs, Wei Ling Song and Kam Ming Wan

Submissions from 2018

An empirical analysis of corporate currency risk management policies and practices, Sungjae F. Kim and Don M. Chance

Spatial econometric Monte Carlo studies: raising the bar, James P. LeSage and R. Kelley Pace

Credit Default Swaps and Firm Value, Rajesh Narayanan and Cihan Uzmanoglu

Credit Insurance, Distress Resolution Costs, and Bond Spreads, Rajesh Narayanan and Cihan Uzmanoglu

How do firms respond to empty creditor holdout in distressed exchanges?, Rajesh Narayanan and Cihan Uzmanoglu

Social rank-associated stress vulnerability predisposes individuals to cocaine attraction, Chen Yanovich, Michael L. Kirby, Izhak Michaelevski, Gal Yadid, and Albert Pinhasov

Submissions from 2017

A bias in the volatility smile, Don M. Chance, Thomas A. Hanson, Weiping Li, and Jayaram Muthuswamy

List Prices in the US Housing Market, Darren K. Hayunga and R. Kelley Pace

Spatial Econometric Models, Prediction, R. Kelley Pace and James P. LeSage

Implicit Hedonic Pricing Using Mortgage Payment Information, R. Kelley Pace and Shuang Zhu

Explicit employment contracts and CEO compensation, Wei Ling Song and Kam Ming Wan

Submissions from 2016

Efficiency and Market Power Gains in Bank Megamergers: Evidence from Value Line Forecasts, Erik Devos, Srinivasan Krishnamurthy, and Rajesh Narayanan

Has the Effect of Asset Securitization on Bank Risk Taking Behavior Changed?, Huong Thi Thu Le, Rajesh P. Narayanan, and Lai Van Vo

Fast simulated maximum likelihood estimation of the spatial probit model capable of handling large samples, R. Kelley Pace and James P. LeSage

Inferring Price Information from Mortgage Payment Behavior: a Latent Index Approach, R. Kelley Pace and Shuang Zhu

TARP announcement, bank health, and borrowers’ credit risk, Wei-Ling Song and Cihan Uzmanoglu

Submissions from 2015

Poor performance and the value of corporate honesty, Don Chance, James Cicon, and Stephen P. Ferris

Deleveraging and mortgage curtailment, Meagan N. McCollum, Hong Lee, and R. Kelley Pace

Factors underlying short sales, Shuang Zhu and R. Kelley Pace

The Influence of Foreclosure Delays on Borrowers' Default Behavior, Shuang Zhu and R. Kelley Pace

Submissions from 2014

Interpreting spatial econometric models, James P. LeSage and R. Kelley Pace

PDF

The biggest myth in spatial econometrics, James P. Lesage and R. Kelley Pace

Maximum likelihood estimation, R. Kelley Pace

The price-taker effect on the valuation of executive stock options, Tung Hsiao Yang and Don M. Chance

Modeling Spatially Interdependent Mortgage Decisions, Shuang Zhu and R. Kelley Pace

Using Housing Futures in Mortgage Research, Shuang Zhu, R. Kelley Pace, and Walter A. Morales

Submissions from 2013

Asset sales in the mutual fund industry: Who gains?, Fan Chen, Gary C. Sanger, and Myron B. Slovin

Interpretation and Computation of Estimates from Regression Models using Spatial Filtering, R. Kelley Pace, James P. Lesage, and Shuang Zhu

Submissions from 2012

Private Information and the Exercise of Executive Stock Options, Robert Brooks, Don M. Chance, and Brandon Cline

Asymmetric Information in the Subprime Mortgage Market, James B. Kau, Donald C. Keenan, Constantine Lyubimov, and V. Carlos Slawson

PDF

Predictors of Business Return in New Orleans after Hurricane Katrina, Nina S.N. Lam, Helbert Arenas, Kelley Pace, James LeSage, and Richard Campanella

Separable spatial modeling of spillovers and disturbances, R. Kelley Pace and Shuang Zhu

Distressed Properties: Valuation Bias and Accuracy, Shuang Zhu and R. Kelley Pace

Submissions from 2011

Peer-group dependence in salary benchmarking: A statistical model, Eric Blankmeyer, James P. LeSage, J. R. Stutzman, Kris Joseph Knox, and R. Kelley Pace

Safety-net losses from abandoning glass-steagall restrictions, Kenneth A. Carow, Edward J. Kane, and Rajesh P. Narayanan

Essays in Derivatives: Risk-Transfer Tools and Topics Made Easy, Second Edition, Don M. Chance

Patterns in asset management returns: Evidence of fraud in the stanford group scandal?, Don M. Chance and Ashley R. Schexnaildre

The Tradeoff between Compensation and Incentives in Executive Stock Options, Don M. Chance and Tung Hsiao Yang

Fairness Opinions in M&As, Steven M. Davidoff, Anil K. Makhija, and Rajesh P. Narayanan

Subprime mortgage default, James B. Kau, Donald C. Keenan, Constantine Lyubimov, and V. Carlos Slawson

Do what the neighbours do: Reopening businesses after Hurricane Katrina, James Lesage, R. Kelley Pace, Richard Campanella, Nina Lam, and Xingjian Liu

PDF

New Orleans business recovery in the aftermath of Hurricane Katrina, James P. LeSage, R. Kelley Pace, Nina Lam, Richard Campanella, and Xingjian Liu

Space-time modeling of natural disaster impacts, James P. Lesage, R. Kelley Pace, Nina Lam, and Richard Campanella

Pitfalls in higher order model extensions of basic spatial regression methodology, James P. LeSage and Robert Kelley Pace

Breaking down the barriers: Competition, syndicate structure, and underwriting incentives, Anil Shivdasani and Wei Ling Song