Research Output 1986 2019

2019
46 Downloads (Pure)

Active investing

Bekjarovski, F., 2019, Tilburg: CentER, Center for Economic Research. 140 p.

Research output: ThesisDoctoral ThesisScientific

Open Access
File
Investing
Anomaly
Equity
Costs and benefits
Asset pricing models

Banking sector deregulation, bank-firm relationships and corporate leverage

Braggion, F. & Ongena, S. R. G., Feb 2019, In : The Economic Journal. 129, 618, p. 765-789

Research output: Contribution to journalArticleScientificpeer-review

Deregulation
Leverage
Bank-firm relationships
Banking sector
Trade credit

Baten van slimme toedeling rendementen hoger dan van intergenerationele risicodeling

Muns, S. & Werker, B., 25 Sep 2019, In : Economisch Statistische Berichten.

Research output: Contribution to journalArticleProfessional

Changing corporate governance norms: Evidence from dual class shares in the UK

Braggion, F. & Giannetti, M., Jan 2019, In : Journal of Financial Intermediation. 37, p. 15-27

Research output: Contribution to journalArticleScientificpeer-review

Corporate governance
Dual class shares
Vote
Relative valuation
Investors
108 Downloads (Pure)

Colors, Emotions, and the Auction Value of Paintings

Ma, M. X., Noussair, C. & Renneboog, L., 21 Feb 2019, Tilburg: CentER, Center for Economic Research, 72 p. (CentER Discussion Paper; vol. 2019-006).

Research output: Working paperDiscussion paperOther research output

File
Emotion
Auctions
Pleasure
Art
Standard deviation

Consumption and portfolio choice under loss aversion and endogenous updating of the reference level

van Bilsen, S., Laeven, R. J. A. & Nijman, T., May 2019, (Accepted/In press) In : Management Science.

Research output: Contribution to journalArticleScientificpeer-review

Loss aversion
Portfolio choice
Wealth
Endogeneity
Incentives

Credit and social unrest: Evidence from 1930s China

Braggion, F., Manconi, A. & Zhu, H., Sep 2019, (Accepted/In press) In : Journal of Financial Economics.

Research output: Contribution to journalArticleScientificpeer-review

Contraction
China
Communist Party
Penetration
Labor

Cumulative prospect theory, option returns and the variance premium

Baele, L., Driessen, J., Ebert, S., Londono Yarce, J. M. & Spalt, O., Sep 2019, In : The Review of Financial Studies. 32, 9, p. 3667-3723

Research output: Contribution to journalArticleScientificpeer-review

Cumulative prospect theory
Premium
Probability weighting
Index options
Equity returns

Decision making when things are only a matter of time

Ebert, S., 2019, (Accepted/In press) In : Operations Research.

Research output: Contribution to journalArticleScientificpeer-review

Decision making
Derivatives
Economics
Uncertainty
Investment opportunities

Does interest rate exposure explain the low-volatility anomaly?

Driessen, J., Kuiper, I., Nazliben, K. K. & Beilo, R., Jun 2019, In : Journal of Banking and Finance. 103, p. 51-61

Research output: Contribution to journalArticleScientificpeer-review

Anomaly
Interest rates
Premium
Bond market
Stock volatility
41 Downloads (Pure)

Essays in corporate finance, political economy, and competition

Neretina, E., 2019, Tilburg: CentER, Center for Economic Research. 160 p.

Research output: ThesisDoctoral ThesisScientific

Open Access
File
Political competition
Lobbies
Competitors
Underwriters
Corporate finance
29 Downloads (Pure)

Essays in econometric theory

Sadikoglu, S., 2019, Tilburg: CentER, Center for Economic Research. 162 p.

Research output: ThesisDoctoral ThesisScientific

Open Access
File
Econometrics
Regression model
Derivatives
Threshold regression
Coefficients
24 Downloads (Pure)

Essays on alternative investments

Ma, X., 2019, Tilburg: CentER, Center for Economic Research. 254 p.

Research output: ThesisDoctoral ThesisScientific

Open Access
File
Art
Pricing
Alternative investments
Textual analysis
Auctions
28 Downloads (Pure)

Essays on banking, financial intermediation and financial markets

Sarmiento Paipilla, M., 2019, tilburg: CentER, Center for Economic Research. 233 p.

Research output: ThesisDoctoral ThesisScientific

Open Access
File
Financial markets
Financial intermediation
Banking
Liquidity shocks
Liquidity
11 Downloads (Pure)

Essays on banking and international trade

Schmitz, E., 2019, Tilburg: CentER, Center for Economic Research. 142 p.

Research output: ThesisDoctoral ThesisScientific

Open Access
File
International trade
Brazil
Banking
Uncertainty
Credit markets
5 Downloads (Pure)

Essays on behavioral finance

Neszveda, G., 2019, Tilburg: CentER, Center for Economic Research. 186 p.

Research output: ThesisDoctoral ThesisScientific

Open Access
File
Behavioral finance
Conceptual framework
Stock returns
Expected utility theory
Discounting
7 Downloads (Pure)

Essays on corporate ownership and human capital

Hébert, C., 2019, Tilburg: CentER, Center for Economic Research. 232 p.

Research output: ThesisDoctoral ThesisScientific

Open Access
File
Investors
Business groups
Corporate ownership
Human capital
Industry
43 Downloads (Pure)

Essays on mixed hitting time models

Yu, Y., 2019, Tilburg: CentER, Center for Economic Research. 132 p.

Research output: ThesisDoctoral ThesisScientific

Open Access
File
Stochastic processes
Synchronization
Competing risks model
Mean-reverting
Empirical analysis

Failure and success in mergers and acquisitions

Renneboog, L. & Vansteenkiste, C., Oct 2019, In : Journal of Corporate Finance. 58, p. 650-699

Research output: Contribution to journalArticleScientificpeer-review

Mergers and acquisitions
Short-run
Sample size
Chief executive officer
Long-run performance
72 Downloads (Pure)

Failure and Success in Mergers and Acquisitions

Renneboog, L. & Vansteenkiste, C., 8 Aug 2019, Tilburg: CentER, Center for Economic Research, 74 p. (CentER Discussion Paper; vol. 2019-026).

Research output: Working paperDiscussion paperOther research output

File
Mergers and acquisitions
Short-run
Sample size
Chief executive officer
Long-run performance

Financial integration and liquidity crises

Castiglionesi, F., Feriozzi, F. & Lorenzoni, G., Mar 2019, In : Management Science. 65, 3, p. 955-975

Research output: Contribution to journalArticleScientificpeer-review

Liquidity crisis
Financial integration
Liquidity
Interest rates
Banking system

Flights to safety

Baele, L., Bekaert, G. R. J., Inghelbrecht, K. & Wei, M., Jun 2019, In : The Review of Financial Studies.

Research output: Contribution to journalArticleScientificpeer-review

Safety
Flight to quality
Bond market
Hedge funds
Equity returns

Insider trading and networked directors

Goergen, M., Renneboog, L. & Zhao, Y., Jun 2019, In : Journal of Corporate Finance. 56, p. 152-175

Research output: Contribution to journalArticleScientificpeer-review

Insider trading
Industry
Trading behavior
Peers
Non-executive directors
1 Downloads (Pure)

Local Asymptotic Equivalence of the Bai and Ng (2004) and Moon and Perron (2004) Frameworks for Panel Unit Root Testing

Wichert, O., Becheri, I. G., Drost, F. C. & Akker, R. V. D., 2019, (Submitted) In : arXiv.

Research output: Contribution to journalArticleScientific

File
Equivalence
Panel unit root
Unit root testing
Power envelope
Unit root tests

My kingdom for a horse (or a classic car)

Laurs, D. & Renneboog, L., Jan 2019, In : Journal of International Financial Markets, Institutions and Money. 58, p. 184-207

Research output: Contribution to journalArticleScientificpeer-review

Open Access
Car
Equity
Hedonic pricing
Transaction costs
Emotion
34 Downloads (Pure)

On communicating about taboo social issues in least developed countries: The case of Ethiopia

Gebreselassie, A. W., 2019, Tilburg: CentER, Center for Economic Research. 172 p.

Research output: ThesisDoctoral ThesisScientific

Open Access
File
Taboo
Ethiopia
Social issues
Developed countries
Less developed countries
2 Downloads (Pure)

Pensioenperceptie: De non-neutraliteit van kwantitatieve communicatie

Prast, H. & Teppa, F., Jun 2019, In : Tijdschrift voor pensioenvraagstukken. 2019, 21, p. 21-24

Research output: Contribution to journalArticleProfessional

Open Access
File
11 Downloads (Pure)

Regulatory arbitrage and cross-border syndicated loans

Demirguc-Kunt, A., Horvath, B. L. & Huizinga, H., 9 Oct 2019, Tilburg: CentER, Center for Economic Research, 53 p. (CentER Discussion Paper; vol. 2019-028).

Research output: Working paperDiscussion paperOther research output

File
Loans
Cross-border
Regulatory arbitrage
Syndicated loans
Foreign subsidiaries

SEMIPARAMETRICALLY POINT-OPTIMAL HYBRID RANK TESTS FOR UNIT ROOTS

Zhou, B., van den Akker, R. & Werker, B. J. M., Oct 2019, In : The Annals of Statistics. 47, 5, p. 2601-2638 38 p.

Research output: Contribution to journalArticleScientificpeer-review

Spanning tests for assets with option-like > payoffs: the case of hedge funds

Karehnke, P. & de Roon, F., Jun 2019, (Accepted/In press) In : Management Science.

Research output: Contribution to journalArticleScientificpeer-review

Assets
Hedge funds
Skewness
Investors
Mutual funds

The dividend term structure

Kragt, J., de Jong, F. & Driessen, J., May 2019, In : Journal of Financial and Quantitative Analysis.

Research output: Contribution to journalArticleScientificpeer-review

Dividends
Term structure
Business cycles
Economic variables
Investors

The effect of pro-environmental preferences on bond prices: Evidence from green bonds

Zerbib, O. D., Jan 2019, In : Journal of Banking and Finance. 98, p. 39-60

Research output: Contribution to journalArticleScientificpeer-review

Environmental preferences
Bond prices
Premium
Investors
Bond market
5 Downloads (Pure)

The Procyclicality of Banking: Evidence from the Euro Area

Huizinga, H. & Laeven, L., 29 Apr 2019, Tilburg: European Banking Center, p. 49, (European Banking Center; vol. 2019-001).

Research output: Working paperDiscussion paperOther research output

File
Procyclicality
Banking
Euro area
Loan loss provisions
Provisioning
17 Downloads (Pure)

The Procyclicality of Banking: Evidence from the Euro Area

Huizinga, H. & Laeven, L., 29 Apr 2019, Tilburg: CentER, Center for Economic Research, p. 49, (CentER Discussion Paper; vol. 201-010).

Research output: Working paperDiscussion paperOther research output

File
Procyclicality
Banking
Euro area
Loan loss provisions
Provisioning

Time-varying inflation risk and stock returns

Boons, M., Duarte, F., de Roon, F. & Szymanowska, M., Sep 2019, In : Journal of Financial Economics.

Research output: Contribution to journalArticleScientificpeer-review

Time-varying
Risk-return
Stock returns
Inflation risk
Inflation

Why does public news augment information asymmetries?

Crego, J., Jun 2019, (Accepted/In press) In : Journal of Financial Economics.

Research output: Contribution to journalArticleScientificpeer-review

Information asymmetry
News
Adverse selection
Uncertainty
Prediction
2018

Asymmetric information and imperfect competition in lending markets

Crawford, G. S., Pavanini, N. & Schivardi, F., Jul 2018, In : American Economic Review. 108, 7, p. 1659-1701

Research output: Contribution to journalArticleScientificpeer-review

Asymmetric information
Lending
Imperfect competition
Credit
Adverse selection
162 Downloads (Pure)

Bank credit and business financing

Morales Arenas, D., 2018, Tilburg: CentER, Center for Economic Research. 182 p.

Research output: ThesisDoctoral ThesisScientific

Bank lending
Financing
Bank credit
Trade credit
Small firms

Beauty and appearance in corporate director elections

Geiler, P., Renneboog, L. & Zhao, Y., Jul 2018, In : Journal of International Financial Markets, Institutions and Money. 55, p. 1-12

Research output: Contribution to journalArticleScientificpeer-review

Elections
Institutional shareholders
Dissent
Shareholders
Voting
31 Downloads (Pure)

Beauty and Appearance in Corporate Director Elections

Renneboog, L., Geiler, P. & Zhao, Y., 11 Sep 2018, Tilburg: CentER, Center for Economic Research, 24 p. (CenER Discussion Paper; vol. 2018-033).

Research output: Working paperDiscussion paperOther research output

File
Elections
Institutional shareholders
Dissent
Shareholders
Voting
180 Downloads (Pure)

Can Words Breed or Kill Investment? Metaphors, Imagery, Affect and Investor Behaviour

Prast, H., Sanders, J. & Leonhard, O., 17 Apr 2018, Tilburg: CentER, Center for Economic Research, 43 p. (CentER Discussion Paper; vol. 2018-014).

Research output: Working paperDiscussion paperOther research output

File
Investor behavior
Imagery
Stock market
Investors
Stock market participation
26 Downloads (Pure)

Commitment Lotteries: Overcoming procrastination of lifestyle improvement with regret aversion

van der Swaluw, K., 2018, 162 p.

Research output: ThesisDoctoral ThesisScientific

Open Access
File
15 Downloads (Pure)

Commitment lotteries promote physical activity among overweight adults: A cluster randomized trial

van der Swaluw, K., Lambooij, M. S., Mathijssen, J. J. P., Schipper, M., Zeelenberg, M., Berkhout, S., Polder, J. J. & Prast, H. M., 2018, In : Annals of Behavioral Medicine. 52, 4, p. 342-351

Research output: Contribution to journalArticleScientificpeer-review

Open Access
File
Equipment and Supplies
14 Downloads (Pure)

Corporate Income Taxation, Leverage at Entry, and the Growth of Entrepreneurial Companies

Da Rin, M., Di Giacomo, M. & Sembenelli, A., 21 Dec 2018, Tilburg: CentER, Center for Economic Research, 57 p. (CentER Discussion Paper; vol. 2018-055).

Research output: Working paperDiscussion paperOther research output

File
Corporate income taxation
Leverage
Long-term growth
Initial conditions
Inverted-U

Creative Corporate Culture and Innovation

Renneboog, L., Fiordelisi, F., Ricci, O. & Stentella Lopes, S., 19 Dec 2018, Tilburg: CentER, Center for Economic Research, 26 p. (CentER Discussion Paper; vol. 2018-053).

Research output: Working paperDiscussion paperOther research output

Organizational culture
Corporate innovation
Patents
Patent citations
Innovation

Cross-border auction cycle effects of sovereign bond issuance in the Euro area

Beetsma, R. M. W. J., Giuliodori, M., Hanson, J. & de Jong, F., Oct 2018, In : Journal of Money, Credit and Banking. 50, 7, p. 1401-1440

Research output: Contribution to journalArticleScientificpeer-review

Open Access
Cross-border
Auctions
Sovereign bonds
Euro area
Spillover

Do confident individuals generally work harder?

Pikulina, E. S., Renneboog, L. & Tobler, P. N., Mar 2018, In : Journal of Multinational Financial Management. 44, p. 51-60

Research output: Contribution to journalArticleScientificpeer-review

Confidence
Incentive compatible
Nationality
Financial knowledge
Workers
77 Downloads (Pure)

Elective Stock and Scrip Dividends

Feito Ruiz, I., Renneboog, L. & Vansteenkiste, C., 6 Sep 2018, Tilburg: CentER, Center for Economic Research, 48 p. (CentER Discussion Paper; vol. 2018-031).

Research output: Working paperDiscussion paperOther research output

File
Dividends
Investors
Cash
Corporate investment
Exogenous shocks
10 Downloads (Pure)

Emotional responses to behavioral economic incentives for health behavior change

van der Swaluw, K., Lambooij, M. S., Mathijssen, J. J. P., Prast, H. M., Zeelenberg, M. & Polder, J. J., 2018, In : Psychology, Health and Medicine. 23, 8, p. 996-1005

Research output: Contribution to journalArticleScientificpeer-review

Open Access
File
Health Behavior
513 Downloads (Pure)

Emotional Responses to Behavioral Economic Incentives for Health Behavior Change

van der Swaluw, K., Lambooij, M. S., Mathijssen, J., Zeelenberg, M., Polder, J. & Prast, H., 22 Feb 2018, Tilburg: CentER, Center for Economic Research, 18 p. (CentER Discussion Paper; vol. 2018-008).

Research output: Working paperDiscussion paperOther research output

File
Health Behavior