... at: nanli@sjtu.edu.cn 01 09 2025 23 12 2025 13 02 2026 04 03 2026 © Emerald Publishing Limited 2026 Emerald Publishing Limited Licensed re-use rights only Liquidity premium Long-run risk factor Investment specific technological shock G11 G12 National...

... the investor yield-chasing hypothesis. Tong Yao can be contacted at: tong-yao@uiowa.edu Corporate bonds Liquidity premium Yield-chasing Retail investors G12 G14 G15 G18 Default, liquidity and tax are considered major determinants of yield spreads of risky bonds. Empirically...

...@mail.ustc.edu.cn 05 03 2025 02 08 2025 10 09 2025 © Emerald Publishing Limited 2025 Emerald Publishing Limited Licensed re-use rights only China’s ETS market Mixed-frequency data Variable selection Volatility forecast G17 G12 C45 C53 Southwest University...

... G12 Q02 On October 7, 2023, Hamas carried out a sudden and extensive strike on Israel, which resulted in significant casualties. In response, Israel carried out extensive airstrikes on Gaza, causing a rapid and intense escalation of the conflict. This escalation intensified regional tensions...

... performance G12 G14 G32 L25 Following Green (1984) , a substantial literature has extensively examined the short-run market reactions to announcements of hybrid securities issuance. Empirical studies have reported mixed evidence, documenting both positive and negative stock price responses...

... Crank–Nicolson finite difference method C41 C61 G12 G13 Let the underlying asset be described by the geometric Brownian motion (2.7) d S t = r S t d t + σ S t d B t The ϵ-optimality for the put options is considered via some...

... Ambiguity-aversion Asset price misalignment Dividend tax Capital value tax Monetary policy D81 E13 E44 E52 G12 H30 What are the consequences of ambiguity aversion in the presence of wealth distribution effects? Can it give rise to inefficient prices or price misalignment...

...-of-sample pricing errors Volatility arbitrage China’s options G13 G12 Our study makes four contributions to the derivatives literature [4] . First, we propose to model and forecast implied volatility via the 5th-order spline interpolation, which has been used primarily to extract...

... Limited 2024 Emerald Publishing Limited Licensed re-use rights only Initial coin offerings Robustness Moral hazard Ambiguity aversion Blockchain platform Tokenization G12 G32 G24 The past decades have witnessed the remarkable rise of Initial Coin Offerings (ICOs...

.... Finally, our results support the anchoring theory. Historical high prices Anchoring theory Additional equity issuance Market timing The Chinese stock market G12 G14 It is well-known that seasoned equity offerings (SEOs) play a crucial role in helping companies raise funds and make...

... 22 04 2024 13 06 2024 25 06 2024 © Emerald Publishing Limited 2024 Emerald Publishing Limited Licensed re-use rights only Institutional investors Cost of equity Corporate social responsibility Innovation State-owned enterprises G12 G32 G34 Using...

... rights only Crash Jackpot Anomalies Limits to arbitrage Liquidity G12 G14 G17 Let the log return y i , t , L as a ternary variable for m = − 1 , 0 , 1 and use the non-extreme return event as the reference group. Considering the event of extreme...

... risks Inflation risks Stock-bond correlation E2 E3 G12 Kai Li can be contacted at: kaili825@gmail.com 27 06 2022 25 07 2022 27 07 2022 © Emerald Publishing Limited 2022 Emerald Publishing Limited Licensed re-use rights only (1) U t...

... 06 2022 01 07 2022 © Emerald Publishing Limited 2022 Emerald Publishing Limited Licensed re-use rights only Dispersion in economic forecasts Mispricing Disagreement risk Cross-section of stock returns Return predictability G11 G12 C13 E20 E30 In addition...

... becomes insignificant during the period of COVID-19. Thomas C. Chiang can be contacted at: chiangtc@drexel.edu Gold price Silver price Inflation Economic policy uncertainty Geopolitical risk Safe-haven D81 F31 G12 G15 Gold has been widely held by Chinese residents not only...

... Publishing Limited Licensed re-use rights only Urban vibrancy Tobin's q Geographic valuation premium Human capital E24 G10 G12 G15 J24 The determinants of firm valuation have been one of the central topics in finance research on China stock markets. While traditional...

... Emerald Publishing Limited Licensed re-use rights only Performance Scaled momentum strategies Volatility Investment horizon Persistence G10 G12 G15 In this section, we analyze the performance of the scaled strategies in comparison to the momentum strategy. In Table 3...

... and institutional investors who are less affected by sentiment. G12 G13 G14 G41 Investor sentiment Equity index futures Basis Cost-of-carry model © Emerald Publishing Limited 2021 Emerald Publishing Limited Licensed re-use rights only 13 07 2021 07 10 2021 10 12 2021...

... in the Chinese capital market. China Liquidity risk Information quality Asset pricing C23 G12 G30 G32 Apart from empirically testing the market pricing of liquidity risk in China, this study also investigates the potential role of a firm’s information quality in reducing its liquidity...

...-use rights only Downside risk Chinese stock market Economic policy uncertainty G11 G12 G15 It is well recognized that sudden changes in economic policy uncertainty (EPU) will produce harmful effects on macroeconomic activity and cause financial market instability (Bloom, 2009...