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Journal of Financial and Quantitative Analysis最新文献

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Population Aging and Bank Risk-Taking 人口老龄化与银行风险承担
2区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-09-04 DOI: 10.1017/s0022109023001011
Sebastian Doerr, Gazi Kabaş, Steven Ongena
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引用次数: 0
JFQ volume 58 issue 6 Cover and Front matter JFQ第58卷第6期封面和封面问题
2区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-09-01 DOI: 10.1017/s0022109023000935
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引用次数: 0
JFQ volume 58 issue 6 Cover and Back matter JFQ第58卷第6期封面和封底
2区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-09-01 DOI: 10.1017/s0022109023000947
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引用次数: 0
Initial Margin Requirements and Market Efficiency 初始保证金要求与市场效率
2区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-08-31 DOI: 10.1017/s002210902300100x
Ferhat Akbas, Lezgin Ay, Paul D. Koch
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引用次数: 0
Expropriation Risk and Investment: A Natural Experiment 征用风险与投资:一个自然实验
2区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-08-30 DOI: 10.1017/s0022109023000972
Siddharth M. Bhambhwani, Hui Dong, Allen H. Huang
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引用次数: 0
Discontinued Positive Feedback Trading and the Decline of Return Predictability 终止的正反馈交易与收益可预测性的下降
IF 3.9 2区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-08-18 DOI: 10.1017/s0022109023000959
Itzhak Ben-David, Jiacui Li, Andrea Rossi, Yang Song
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引用次数: 0
Option-Implied Dependence and Correlation Risk Premium 期权隐含依赖与相关风险溢价
2区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-08-18 DOI: 10.1017/s0022109023000960
Oleg Bondarenko, Carole Bernard
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引用次数: 0
Informational Holdup by Venture Capital Syndicates 风险投资财团的信息滞留
IF 3.9 2区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-08-18 DOI: 10.1017/s0022109023000297
Suting Hong, Pierre Mella-Barral
We argue that syndicates associate venture capitalists (VCs) with uneven skill levels in order to lower their expected gains from threatening to stop financing: Non-continued participation would send a milder negative signal to alternative financiers. This can explain the empirical observations that i) early-round syndicates regularly associate VCs with different levels of experience and ii) follow-on syndicates often involve none of the early-round VCs. Consistent with the theory, we find empirically that the heterogeneity of VC experience levels in a syndicate is i) negatively related to the extent to which the founders of the VC-backed firm are professionally well connected and ii) positively related to the likelihood of syndicate switching in a later round.
我们认为,辛迪加将技能水平参差不齐的风险投资家(VC)联系在一起,以降低他们威胁停止融资的预期收益:不继续参与将向另类金融家发出温和的负面信号。这可以解释经验观察结果,即i)早期辛迪加经常将具有不同经验水平的风险投资家联系在一起,ii)后续辛迪加通常不涉及早期风险投资家。与该理论一致,我们从经验上发现,风险投资组合中风险投资经验水平的异质性i)与风险投资支持公司创始人在专业上的良好联系程度呈负相关,ii)与下一轮风险投资组合转换的可能性呈正相关。
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引用次数: 1
Contracting Costs, Covenant-Lite Lending, and Reputational Capital 合同成本、低门槛贷款和声誉资本
IF 3.9 2区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-08-07 DOI: 10.1017/s002210902300090x
Dominique C. Badoer, M. Emin, C. James
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引用次数: 0
JFQ volume 58 issue 5 Cover and Front matter JFQ第58卷第5期封面和封面问题
IF 3.9 2区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-08-01 DOI: 10.1017/s0022109023000911
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引用次数: 0
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Journal of Financial and Quantitative Analysis
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