------------------------------------------------------------------------------ ------------------------------------------------------------------------------ Papers received as of Wed Dec 1 00:01:12 CST 2004. (To retrieve abstracts without full papers, use e.g. get 0412001.abs ) get 9404003 95011002.abs 9303001 , e.g., returns multiple papers. ------------------------------------------------------------------------------ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412001 From: sname111@aol.com Date: Sat, 4 Dec 2004 15:08:35 -0600 ( 0kb + 816kb ) Title: Do Investors Overvalue Firms With Bloated Balance Sheets? Author: David Hirshleifer ( Fisher College of Business, Ohio State University) and KEWEI HOU (Fisher College of Business, Ohio State University) and Siew Hong Teoh (Fisher College of Business, Ohio State University) and YINGLEI ZHANG (Fisher College of Business, Ohio State University) Contact: zhang.246@osu.edu Comments: Type of Document - pdf; pages: 50. PDF Keywords: valuation, financial reporting, limited attention, behavioral economics, behavioral accounting, behavioral finance, market efficiency, psychology and economics JEL: G120, M410, G320, G140 EWPA-references: \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412002 From: sname111@aol.com Date: Sat, 4 Dec 2004 15:34:50 -0600 ( 0kb + 379kb ) Title: Does Investor Misvaluation Drive the Takeover Market? Author: MING DONG (York University - Schulich School of Business) and David Hirshleifer (Fisher College of Business, Ohio State University) and SCOTT RICHARSON (University of Pennsylvania ) and Siew Hong Teoh (Fisher College of Business, Ohio State University) Contact: scottric@wharton.upenn.edu Comments: Type of Document - pdf; pages: 60. PDF Keywords: takeovers, behavioral finance, investment decisions, market efficiency JEL: G340 G300, G140, G310, G320, G140 , M410, EWPA-references: \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412003 From: sname111@aol.com Date: Sat, 4 Dec 2004 15:55:27 -0600 ( 0kb + 166kb ) Title: Do Individual Investors Drive Post-Earnings Announcement Drift? Direct Evidence from Personal Trades Author: David Hirshleifer (Fisher College of Business, Ohio State University) and James N. Myers (University of Illinois at Urbana- Champaign) and Linda A. Myers (University of Illinois at Urbana- Champaign - Department of Accountancy) and Siew Hong Teoh (Fisher College of Business, Ohio State University) Contact: 'myers, Linda' Comments: Type of Document - pdf; pages: 40. PDF Keywords: post earnings-announcement drift, trading activity, individual investors, market efficiency JEL: G140, M410, G120 EWPA-references: \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412004 From: sname111@aol.com Date: Sat, 4 Dec 2004 16:06:33 -0600 ( 0kb + 285kb ) Title: Good Day Sunshine: Stock Returns and the Weather Author: David Hirshleifer (Fisher College of Business, Ohio State University, Department of Finance) and TYLER G. SHUMWAY (University of Michigan) Contact: 'Shumway, Tyler' Comments: Type of Document - pdf; pages: 40. PDF Keywords: market efficiency, mood and securities prices, psychology and finance JEL: G120, G140, G110 EWPA-references: \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412005 From: sname111@aol.com Date: Sat, 4 Dec 2004 16:23:15 -0600 ( 0kb + 275kb ) Title: Can Individual Investors Beat the Market? Author: JOSHUA D. COVAL (Harvard University - Finance Unit) and David Hirshleifer (Fisher College of Business, Ohio State University, Department of Finance) and TYLER G. SHUMWAY (University of Michigan) Contact: 'Shumway, Tyler' Comments: Type of Document - pdf; pages: 45. PDF Keywords: Individual Investors, Market Efficiency, Performance Persistence JEL: G120, G140, G110 EWPA-references: \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412006 From: sname111@aol.com Date: Sat, 4 Dec 2004 16:34:04 -0600 ( 0kb + 555kb ) Title: A Theory of Overconfidence, Self-Attribution, and Security Market Under- and Over-reactions Author: KENT D. DANIEL (Northwestern University - Kellogg School of Management) and David Hirshleifer (Fisher College of Business, Ohio State University, Department of Finance) and AVANIDHAR SUBRAHMANYAM (University of California, Los Angeles) Contact: asubrahm@anderson.ucla.edu Comments: Type of Document - pdf; pages: 45. PDF Keywords: Overconfidence, Market Efficiency, Investor Psychology, Asset Pricing JEL: G120, G140, G110 EWPA-references: \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412007 From: mdong@ssb.yorku.ca Date: Sat, 4 Dec 2004 20:58:19 -0600 ( 0kb + 458kb ) Title: Stock Valuation and Investment Strategies Author: Zhiwu Chen (Yale University - International Center for Finance) and Ming Dong (York University - Schulich School of Business) Contact: zhiwu.chen@yale.edu Comments: Type of Document - pdf; pages: 54 Keywords: Stock Valuation, Book/Market, Earnings/Price, Firm Size, Price Momentum, Stock Returns, Investment Management JEL: G10, G12, G13 EWPA-references: \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412008 From: mdong@ssb.yorku.ca Date: Sat, 4 Dec 2004 21:15:38 -0600 ( 0kb + 319kb ) Title: A Generalized Earnings-Based Stock Valuation Model Author: Ming Dong (York University - Schulich School of Business) and David Hirshleifer (Ohio State University - Fisher College of Business) Contact: mdong@ssb.yorku.ca Comments: Type of Document - pdf; pages: 44 Keywords: Stock valuation, negative earnings, asset pricing JEL: G10, G12, G13 EWPA-references: \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412009 From: mdong@ssb.yorku.ca Date: Sat, 4 Dec 2004 21:33:51 -0600 ( 0kb + 191kb ) Title: Why Individual Investors Want Dividends Author: Ming Dong (York University - Schulich School of Business) and Chris Robinson (York University - Atkinson School of Administrative Studies) and Chris Veld (Simon Fraser University - Faculty of Business Administration) Contact: cveld@sfu.ca Comments: Type of Document - pdf; pages: 53 Keywords: Dividends, individual investors, survey JEL: G30, G35, G38 EWPA-references: \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412010 From: h.shing@rhul.ac.uk Date: Sun, 5 Dec 2004 11:48:16 -0600 ( 0kb + 679kb ) Title: The Favourite-Longshot Bias Across Different Classes of Horse Races: Evidence From the 2003 UK Flat Turf Season. Author: Hui-Fai Shing (Royal Holloway, Univeristy of London) Contact: h.shing@rhul.ac.uk Comments: Type of Document - pdf; pages: 33. Preliminary draft, any suggestions most welcome Keywords: Favourite-Longshot Bias, Betting, Shin Model, Market Efficiency. JEL: D81 G14 L83 EWPA-references: \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412011 From: mdong@ssb.yorku.ca Date: Sun, 5 Dec 2004 14:20:36 -0600 ( 0kb + 467kb ) Title: Do Tender Offers Create Value? New Methods and Evidence Author: SANJAI BHAGAT (University of Colorado - Leeds School of Business) and MING DONG (York University - Schulich School of Business) and DAVID A. HIRSHLEIFER (Ohio State University - Fisher College of Business) and ROBERT B. NOAH (Cambridge Finance Partners, LLC) Contact: hirshleifer_2@cob.osu.edu Comments: Type of Document - pdf; pages: 64 Keywords: Tender offers, value improvements, truncation dilemma, revelation bias, agency JEL: G12, G34 EWPA-references: \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412012 From: adamb@sedal.usyd.edu.au Date: Mon, 6 Dec 2004 15:01:35 -0600 ( 0kb + 201kb ) Title: A piecewise linear model for trade sign inference Author: Adam Blazejewski (University of Sydney, Syndey, Australia) and Richard Coggins (University of Sydney, Sydney, Australia) Contact: adamb@sedal.usyd.edu.au Comments: Type of Document - pdf; pages: 17 Keywords: Order submission, Trade classification, Piecewise linear, Competition for order execution, Transaction cost minimization JEL: EWPA-references: \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412013 From: puja_1981@yahoo.com Date: Wed, 8 Dec 2004 04:35:23 -0600 ( 0kb + 200kb ) Title: International Financial Markets Integration or Segmentation: A Case Study of Equity Markets Author: Puja Guha (Delhi School of Economics) and Shivani Daga (Delhi School of Economics) and Richa Gulati (Delhi School of Economics) and Ganita Bhupal (Delhi School of Economics) and Hena Oak (Delhi School of Economics) Contact: puja_1981@yahoo.com Comments: Type of Document - doc; pages: 18 Keywords: Direct financial integration, segmentation, co-integration JEL: EWPA-references: \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412014 From: clos500@cs.com Date: Wed, 8 Dec 2004 08:58:20 -0600 ( 0kb + 543kb ) Title: Why VAR Fails: Long Memory and Extreme Events in Financial Markets Author: Cornelis A. Los Contact: clos500@cs.com Comments: Type of Document - pdf; pages: 26 Keywords: Long memory, Value at Risk, Extreme Value Theory, Portfolio Management, Degrees of Persistence JEL: C33, G13, G14, G18, G19, G24 EWPA-references: ewp-ms/061208 \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412015 From: Narayanan@wueconb.wustl.edu Date: Thu, 9 Dec 2004 09:11:39 -0600 ( 0kb + 130kb ) Title: Boca Resorts Inc.-A Valuation Report Author: Supreena Narayanan (Stockholm School of Economics) and Nikesh Agarwal (Stockholm School of Economics) and Leisha Weissenberger (Stockholm School of Economics) and Marta Wisniewska (Stockholm School of Economics) Contact: supreenan@yahoo.com Comments: Type of Document - pdf; pages: 25 Keywords: JEL: EWPA-references: sse-valuationpaper.pdf \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412016 From: fengdai@public2.zz.ha.cn Date: Fri, 10 Dec 2004 22:42:46 -0600 ( 0kb + 318kb ) Title: Optimal Choice Models for Executing Time to American Options Author: Feng Dai (Zhengzhou Information Engineering University) and Feng Han (Zhengzhou Information Engineering University) Contact: fengdai@public2.zz.ha.cn Comments: Type of Document - pdf; pages: 10 Keywords: partial distribution; American options; structure pricing; optimal executing; analytic formula JEL: G130,G110 EWPA-references: ewp-fin/0412012 \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412017 From: miaoj@bu.edu Date: Sat, 11 Dec 2004 07:18:39 -0600 ( 0kb + 373kb ) Title: Irreversible Investment under Dynamic Agency Author: Steve Grenadier (Stanford University) and Jianjun Miao (Boston University) and Neng Wang (Columbia University) Contact: miaoj@bu.edu Comments: Type of Document - pdf; pages: 42 Keywords: JEL: G31, D82 EWPA-references: \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412018 From: supreenan@yahoo.com Date: Sun, 12 Dec 2004 05:53:31 -0600 ( 0kb + 89kb ) Title: Simulated Trading-An Analysis of Pairs Trading Author: Nikesh Agarwal (Stockholm School of Economics) and Vikash Madhogaria (Stockholm School of Economics) and Supreena Narayanan (Stockholm School of Economics) Contact: 80293@student.hhs.se Comments: Type of Document - pdf; pages: 15 Keywords: JEL: EWPA-references: ewp-mac/pairstrading.abs \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412019 From: otavio@unb.br Date: Wed, 15 Dec 2004 09:44:36 -0600 ( 0kb + 227kb ) Title: Testing Static Tradeoff against Pecking Order Models of Capital Structure in Brazilian Firms Author: Otavio Ribeiro De Medeiros (Universidade de Brasilia, Brazil) and Cecilio Elias Daher (Universidade Estadual de Goias, Brazil) Contact: otavio@unb.br Comments: Type of Document - pdf; pages: 15 Keywords: capital structure, pecking order, static tradeoff, Brazilian firms JEL: G330 EWPA-references: \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412020 From: otavio@unb.br Date: Wed, 15 Dec 2004 09:58:40 -0600 ( 0kb + 222kb ) Title: Market Reaction and Volatility in the Brazilian Stock Market Author: Otavio Ribeiro De Medeiros (Universidade de Brasilia, Brazil) and Alberto Shigueru Matsumoto (Fundacao Visconde de Cairu, Brazil) Contact: otavio@unb.br Comments: Type of Document - pdf; pages: 13 Keywords: Brazilian stock market, event study, market reaction, GARCH JEL: G140 EWPA-references: \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412021 From: otavio@unb.br Date: Wed, 15 Dec 2004 10:07:28 -0600 ( 0kb + 196kb ) Title: Cost Stickiness in Brazilian Firms Author: Otavio Ribeiro De Medeiros (Universidade de Brasilia, Brazil) and Patricia de Souza Costa (Universidade de Brasilia, Brazil) Contact: otavio@unb.br Comments: Type of Document - pdf; pages: 14 Keywords: cost accounting, sticky costs, Brazilian firms JEL: M410 EWPA-references: \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412022 From: churvich@stern.nyu.edu Date: Wed, 15 Dec 2004 17:29:20 -0600 ( 0kb + 323kb ) Title: Hypothesis Testing in Predictive Regressions Author: Yakov Amihud (New York University) and Clifford Hurvich (New York University) and Yi Wang (New York University) Contact: churvich@stern.nyu.edu Comments: Type of Document - pdf; pages: 47 Keywords: Augmented Regression Method (ARM); Bootstrapping; Hypothesis Testing JEL: EWPA-references: \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412023 From: christian.hopp@uni-konstanz.de Date: Wed, 22 Dec 2004 09:19:38 -0600 ( 0kb + 305kb ) Title: Empirical Evidence on the Syndication of Venture Capital and Shared Real Option Ownership Author: Christian Hopp (University of Konstanz) and Finn Rieder (German Banking Association) Contact: christian.hopp@uni-konstanz.de Comments: Type of Document - pdf Keywords: Venture Capital, Syndication, Real Options JEL: G24; G31 EWPA-references: \\ ------------------------------------------------------------------------------ \\ Paper: ewp-fin/0412024 From: julius@moschitz.at Date: Wed, 29 Dec 2004 20:39:17 -0600 ( 0kb + 566kb ) Title: Spillovers across High Yield Markets Author: Julius Moschitz Contact: julius@moschitz.at Comments: Type of Document - pdf; pages: 43 Keywords: Asset allocation; Financial crisis; Time-varying correlations; Regime-switching models; Emerging market bonds; Corporate bonds; Stock market. JEL: G11; G14; G15. EWPA-references: \\