Research Output 1982 2019

2019

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

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
86 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

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
17 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
9 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

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

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
27 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

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., Feb 2019, (Accepted/In press) In : The Review of Financial Studies.

Research output: Contribution to journalArticleScientificpeer-review

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

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

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
3 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
8 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., Apr 2019, (Accepted/In press) In : Journal of Financial Economics.

Research output: Contribution to journalArticleScientificpeer-review

Time-varying
Risk-return
Stock returns
Inflation risk
Inflation
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
24 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
173 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
21 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
14 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
11 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

Cumulative prospect theory, option returns and the variance premium

Baele, L., Driessen, J., Ebert, S. & Londono Yarce, J. M., Dec 2018, In : The Review of Financial Studies.

Research output: Contribution to journalArticleScientificpeer-review

Cumulative prospect theory
Premium
Probability weighting
Index options
Equity returns

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
75 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
284 Downloads (Pure)

Empirical studies on the cross-section of corporate bond and stock markets

van Zundert, J., 2018, Tilburg: CentER, Center for Economic Research. 198 p.

Research output: ThesisDoctoral ThesisScientific

Open Access
File
Corporate bonds
Empirical study
Stock market
Cross section
Bond market
140 Downloads (Pure)

Essays in applied microeconomics

Ciccarelli, N., 2018, Tilburg: CentER, Center for Economic Research. 161 p.

Research output: ThesisDoctoral ThesisScientific

Open Access
File
Microeconomics
Health insurance
Informal care
Econometric models
Wages
425 Downloads (Pure)

Essays in banking and household finance

Diepstraten, M., 2018, Tilburg: CentER, Center for Economic Research. 188 p.

Research output: ThesisDoctoral ThesisScientific

Open Access
File
Household finance
Banking
Saving behavior
Switching behavior
Socio-economics
69 Downloads (Pure)

Essays on corporate bond market liquidity and dealer behavior

Rapp, A., 2018, Tilburg: CentER, Center for Economic Research. 177 p.

Research output: ThesisDoctoral ThesisScientific

Open Access
File
Corporate bonds
Dealers
Bond market
Market liquidity
Financing constraints
84 Downloads (Pure)

Essays on corporate governance and the impact of regulation on financial markets

Rizzo, E., 2018, Tilburg: CentER, Center for Economic Research. 162 p.

Research output: ThesisDoctoral ThesisScientific

Open Access
File
Corporate governance
Financial markets
Asset prices
Team diversity
Top management teams
121 Downloads (Pure)

Essays on corporate takeovers

Vansteenkiste, C., 2018, Tilburg: CentER, Center for Economic Research. 252 p.

Research output: ThesisDoctoral ThesisScientific

Open Access
File
Corporate takeovers
Cross-border
Firm performance
Shareholders
Enforcement
182 Downloads (Pure)

Essays on functional coefficient models

Koo, C., 2018, Tilburg: CentER, Center for Economic Research. 196 p.

Research output: ThesisDoctoral ThesisScientific

Open Access
File
Coefficients
Estimator
Endogenous variables
Discontinuity
Test statistic
164 Downloads (Pure)

Essays on model uncertainty in financial models

Li, J., 2018, Tilburg: CentER, Center for Economic Research. 169 p.

Research output: ThesisDoctoral ThesisScientific

Open Access
File
Misspecification
Uncertainty
Model uncertainty
Financial models
Parameter uncertainty
265 Downloads (Pure)

Essays on political economy of finance and fintech

Zhu, H., 2018, Tilburg: CentER, Center for Economic Research. 159 p.

Research output: ThesisDoctoral ThesisScientific

Open Access
File
Socio-economics
Finance
Extremism
Financial stability
Macroprudential regulation
33 Downloads (Pure)

Essays on risk exchanges within a collective

Pazdera, J., 2018, Tilburg: CentER, Center for Economic Research. 114 p.

Research output: ThesisDoctoral ThesisScientific

Open Access
File
Exchange risk
Pareto
Bid/ask spread
Competitive equilibrium
Investors
261 Downloads (Pure)

Essays on stakeholder relations and firm value

Barkó, T., 2018, Tilburg: CentER, Center for Economic Research. 133 p.

Research output: ThesisDoctoral ThesisScientific

Open Access
File
Stakeholder relations
Corporate Social Responsibility
Firm value
Fraud
Arbitrage

Europese belasting op niet-recyclebaar plastic is contraproductief

Gradus, R. H. J. M. & Prast, H., May 2018, In : Me Judice.

Research output: Contribution to journalArticleProfessional

Open Access

Europese belasting op plastic verbranden is contraproductief

Gradus, R. H. J. M. & Prast, H., 2018, In : Het Financieele Dagblad.

Research output: Contribution to journalArticlePopular

EU’s proposed tax on burning plastic waste is counter-productive

Prast, H. & Gradus, R. H. J. M., Jun 2018

Research output: Non-textual formWeb publication/siteOther research output

Open Access

Extrapolation bias and the predictability of stock returns by price-scaled variables

Cassella, S. & Gulen, H., Nov 2018, In : The Review of Financial Studies. 31, 11, p. 4345-4397

Research output: Contribution to journalArticleScientificpeer-review

Extrapolation
Predictability of stock returns
Investors
Survey data
Equity premium