Local currency sovereign bonds transfer risk from issuer to buyer
Decade-old bank-risk limits may have exacerbated liquidity problems
A predictive model employs credit default swaps across currencies
Stronger financial reporting standards seem to mean more for growth of countries’ credit markets than their stock markets
The simplest explanation — “I can’t believe you know something I don’t” — may trump all the rest
Buyers find the tomes heavy, costly and too frequently revised, while sellers might like to kill the used book market entirely
Less sophisticated investors reveal their sentiment in certain trades, and a 20-year study measures it company by company
The case for using rising market volatility as a signal to pare back on stocks — does higher risk always mean higher return?
As alternative pricing schemes proliferate, researchers examine beliefs about their fairness
Data back to 1870 show similarities in the worst banking system shocks — focusing on loose lending before a meltdown
Private equity investors weigh the total cost of capital — not just debt, but equity as well — when pursuing buyouts
The relationship between short- and longer-term moving averages has strong predictive power for share price returns
Valentin Haddad’s research finds that insurers’ patient investing shields risky assets — and those who hold them — from steeper declines
Sebastian Edwards finds Keynes’ public take-down of Roosevelt’s gold policies still relevant today
Andrea Eisfeldt finds that hedge funds with infrastructure to execute sophisticated arbitrage crowd out less-expert investors
What happened when the Argentine government lied about inflation numbers?