Economics and Finance Faculty Publications and Presentations
Submissions from 2024
Late-Arriving Votes and Electoral Fraud: A Natural Experiment and Regression Discontinuity Evidence from Bolivia, Diego Escobari and Gary A. Hoover
Hubris or Talent? Estimating the Role of Overconfidence in Chinese households’ Investment Decisions, Jing Xu, Maroula Khraiche, Xi Mao, and Xuan Wang
Submissions from 2023
The Effect of COVID-19 Uncertainty on Corporate Default Risk: International evidence, Md Ismail Haidar, Md Showaib Rahman Sarker, and André Varella Mollick
Gender Equity in Labor Market Opportunities and Aggregate Technical Efficiency: A Case of Equity Promoting Efficiency, Gautam Hazarika, Maroula Khraiche, and Levent Kutlu
Climate change and corporate cash holdings: Global evidence, Siamak Javadi, Abdullah Al Masum, Mohsen Aram, and Ramesh P. Rao
Does access to credit alter migration intentions?, Marina-Selini Katsaiti and Maroula Khraiche
Calculating efficiency for spatial autoregressive stochastic frontier model, Levent Kutlu
The effect of corruption control on efficiency spillovers, Levent Kutlu and Xi Mao
Study on the Effectiveness of Environmental Regulations and Its Spatial Spillover in China’s High-Quality Human Habitat Cities, Chuansheng Wu, Weixuan Fan, Lingling Qi, and Levent Kutlu
Submissions from 2022
Systematic and Idiosyncratic Risks of the U.S. Airline Industry, Rafiqul Bhuyan, André Varella Mollick, and Md Ruhul Amin
Price Exuberance and Contagion across Housing Markets: Evidence from US Metropolitan Areas, Md Shahedur R. Chowdhury, Damian S. Damianov, and Diego Escobari
COVID-19 and Its Impact on Minority-Owned Banks, Salvador Contreras and Amit Ghosh
Local Banking Market Frictions and Youth Crime: Evidence from Bank Failures, Amit Ghosh and Salvador Contreras
The effect of foreign institutional ownership on corporate tax avoidance: International evidence, Iftekhar Hasan, Incheol Kim, Haimeng Teng, and Qiang Wu
Dynamic Effects of Falsehoods and Corrections on Social Media: A Theoretical Modeling and Empirical Evidence, Kelvin K. King, Bin Wang, Diego Escobari, and Tamer Oraby
A Principal-Agent Approach for Estimating Firm Efficiency: Revealing Bank Managerial Behavior, Levent Kutlu, Emmanuel Mamatzakis, and Mike G. Tsionas
Executive compensation and the potential for additional efficiency gains: Evidence from the Indian manufacturing sector, Levent Kutlu and Usha Nair-Reichert
Heterogeneous decision-making and market power: an application to Eurozone banks, Levent Kutlu, Robin C. Sickles, Mike G. Tsionas, and Emmanuel Mamatzakis
Residual State Ownership, Foreign Ownership and Firms' Financing Patterns, Yu Liu and Jian Xu
Social Security as Markov Equilibrium in OLG Models: Clarifications and New Insights, Armando R. Lopez-Velasco
Supermajority Politics: Equilibrium Range, Policy Diversity, Utilitarian Welfare, and Political Compromise, Aseem Mahajan, Roland Pongou, and Jean-Baptise Tondji
Robust Contracts in Common Agency, Keler Marku, Sergio Ocampo, and Jean-Baptise Tondji
Vaccine and inclusion, Zephirin Nganmeni, Roland Pongou, Bertrand Tchantcho, and Jean-Baptise Tondji
Stock and oil price returns in international markets: Identifying short and long-run effects, Theophilus T. Osah and Andre V. Mollick
Laissez-Faire, Social Networks, and Race in a Pandemic, Roland Pongou, Guy Tchuente, and Jean-Baptise Tondji
Optimal interventions in networks during a pandemic, Roland Pongou, Guy Tchuente, and Jean-Baptise Tondji
Unintended Consequences of the Dodd–Frank Act on Credit Rating Risk and Corporate Finance, Bina Sharma, Binay K. Adhikari, Anup Agrawal, Bruno R. Arthur, and Monika K. Rabarison
The effect of spouses' relative education on household time allocation, Elisa Taveras
Foreign ownership and productivity, Jian Xu, Yu Liu, and Hussein Abdoh
Submissions from 2021
Local Religiosity, Workplace Safety, and Firm Value, Md Ruhul Amin, Incheol Kim, and Suin Lee
Business Strategy and Cost of Bank Loans, Md Ruhul Amin and Abdullah Al Masum
Stock Returns, Oil Prices, and Leverage: Evidence from U.S. Firms, Md Ruhul Amin and André Varella Mollick
Mixed-signal stock splits, Ahmed M. Elnahas, Pankaj K. Jain, and Thomas H. McInish
Bundling in advance sales: Theory and evidence from round-trip vs two one-way tickets, Diego Escobari, Paan Jindapon, and Nicholas G. Rupp
Financial Contagion During Stock Market Bubbles, Diego Escobari and Shahil Sharma
The impact of climate change on the cost of bank loans, Siamak Javadi and Abdullah Al Masum
Corporate Cash Holding, Agency Problems and Economic Policy Uncertainty, Siamak Javadi, Mohsen Mollagholamali, Ali Nejadmalayeri, and Saud Al-Thaqeb
Strategically Rational Risk Taking by Age in COVID-19, and the Heterogeneous Agent Behavioral SIR Model, Siamak Javadi, Elena Quercioli, and Lones Smith
The Behavioral SI* Model, with Applications to the Swine Flu and COVID-19 Pandemics, Jussi Keppo, Marianna Kudlyak, Elena Quercioli, Lones Smith, and Andrea Wilson
The impact of the yield curve on bank equity returns: Evidence from Canada, Robert N. Killins, Peter V. Egly, and Sourav Batabyal
Greenhouse Gas Emission Inefficiency Spillover Effects in European Countries, Levent Kutlu and Ran Wang
The dark side of transparency in developing countries: The link between financial reporting practices and corruption, Tingting Liu, Yu Liu, Barkat Ullah, Zuobao Wei, and Lixin Colin Xu
Organizational Resources, Country Institutions, and National Culture behind Firm Survival and Growth during COVID-19, Yu Liu, Mike W. Peng, Zuobao Wei, Jian Xu, and Lixin Colin Xu
COVID-19 and Women-Led Businesses around the World, Yu Liu, Siqi Wei, and Jian Xu
Occupancy, oil prices, and stock returns: Evidence from the U.S. airline industry, Andre V. Mollick and Md Ruhul Amin
Stable Allocations of Vaccines in a Political Economy, Zephirin Nganmeni, Roland Pongou, Bertrand Tchantcho, and Jean-Baptise Tondji
Shareholder litigation rights and stock price crash risk, Ivan Obaydin, Ralf Zurbruegg, Md Noman Hossain, Binay K. Adhikari, and Ahmed Elnahas
A Political Reciprocity Mechanism, Roland Pongou and Jean-Baptise Tondji
Institutional Investors’ Ownership Stability and Their Investee Firms’ Equity Mispricing, Hamid Sakaki, Surendranath Jory, and Dave Jackson
Overconfidence and welfare in a differentiated duopoly, Jean-Baptise Tondji
Border crossings from Mexico to the U.S. and the role of border homicides, André Varella Mollick, Rene Cabral, and Eduardo Saucedo
Threshold Effects of Terms of Trade on Latin American Growth, Andre C. Vianna and Andre V. Mollick
Submissions from 2020
Total Factor Productivity and Idiosyncratic Volatility Trends, Hussein Abdoh and Yu Liu
Derivative use, ownership structure and lending activities of US banks, Benjamin A. Abugri and Theophilus T. Osah
The Impact of Stronger Shareholder Control on Bondholders, Sadra Amiri-Moghadam, Siamak Javadi, and Mahdi Rastad
The racial/ethnic gap in financial literacy in the population and by income, Marco Angrisani, Sergio Barrera, Luisa R. Blanco, and Salvador Contreras
Inflation Targeting and Exchange Rate Volatility in Emerging Markets, Rene Cabral, Francisco G. Carneiro, and Andre V. Mollick
Information Processing Costs and Corporate Tax Aggressiveness: Evidence from the SEC’s XBRL Mandate, Jeff Z. Chen, Hyun Hong, Jeong-Bon Kim, and Ji Woo Ryou
Shareholder Litigation Rights and Corporate Acquisitions, Chune Young Chung, Incheol Kim, Monika K. Rabarison, Thomas Y. To, and Eliza Wu
Webinar with Dr. Contreras: COVID-19's Toll on Texas, Salvador Contreras
COVID-19 countermeasures, sporting events, and the financial impacts to the North American leagues, Justin Andrew Ehrlich, Shankar Ghimire, Maroula Khraiche, and Mian Farrrukh Raza
Islamic labeled firms: Revisiting Dow Jones measure of compliance, Ahmed Elnahas, Ghada Ismail, Rwan El-Khatib, and M. Kabir Hassan
Evo Morales and Electoral Fraud in Bolivia: A Natural Experiment and Discontinuity Evidence, Diego Escobari and Gary A. Hoover
Explaining the nonlinear response of stock markets to oil price shocks, Diego Escobari and Shahil Sharma
Environmental Regulation and the Cost of Bank Loans: International Evidence, Amirhossein Fard, Siamak Javadi, and Incheol Kim
Midair Refueling for Sensation Seeking? Pilot CEOs and Corporate Debt Contracting, Steven Freund, Tunde Kovacs, Nam H. Nguyen, and Hieu V. Phan
India’s calorie consumption puzzle: insights from the stochastic cost frontier analysis of calorie purchases, Gautam Hazarika and Sourabh Bikas Paul
CEO political ideology and management earnings forecast, Md Noman Hossain, Ahmed Elnahas, and Lei Gao
Brand Equity, Earnings Management, and Financial Reporting Irregularities, Ghada M. Ismail, Fariz Huseynov, Pankaj K. Jain, and Thomas H. McInish
A solution to log of dependent variables with negative observations, Mustafa U. Karakaplan, Levent Kutlu, and Mike G. Tsionas
Can lower remittance costs improve human capital accumulation in Africa?, Maroula Khraiche and James Boudreau
Green Innovation and the Value of Multinationality, Incheol Kim, Christos Pantzalis, and Zhengyi Zhang
Greenhouse Gas Emission Efficiencies of World Countries, Levent Kutlu
A Spatial Stochastic Frontier Model with Endogenous Frontier and Environmental Variables, Levent Kutlu, Kien C. Tran, and Mike G. Tsionas
Unknown Latent Structure and Inefficiency in Panel Stochastic Frontier Models, Levent Kutlu, Kien C. Tran, and Mike G. Tsionas
Financing patterns in transition economies: Privatized former SOEs versus ab initio private firms, Yu Liu, Nilesh Sah, Barkat Ullah, and Zuobao Wei
Voting over redistribution in the Meltzer–Richard model under interdependent labor inputs, Armando R. Lopez-Velasco
Democracy in Emerging Markets: A New Perspective on the Natural Resources Curse, Andre V. Mollick, Andre Vianna, and Gautam Hazarika
US COMMUNITY BANK PROFITABILITY: A CROSSSECTIONAL AND DYNAMIC PANEL ANALYSIS OF RURAL AND METROPOLITAN BANKS, Robert D. Morrison and Diego Escobari
Shareholder Litigation Rights and Capital Structure Decisions, Nam H. Nguyen, Hieu V. Phan, and Eunju Lee
Tournament-Based Incentives and Mergers and Acquisitions, Nam H. Nguyen, Hieu V. Phan, Hung V. Phan, Dung T. T. Tran, and Hong Vo
Political corruption and mergers and acquisitions, Nam H. Nguyen, Hieu V. Phan, and Thuy Simpson
Political Design Meets Policy Complexity, Roland Pongou and Jean-Baptise Tondji
Environmental Policy and Audit Pricing, Monika K. Rabarison, Ibrajim Siraj, and Bin Wang
Submissions from 2019
Do Women Managers Keep Firms out of Trouble? Evidence from Corporate Litigation and Policies, Binay K. Adhikari, Anup Agrawal, and James Malm
An Index of Unfairness, Victor H. Aguiar, Roland Pongou, Roberto Serrano, and Jean-Baptise Tondji
A Dynamic Stochastic Frontier Model with Threshold Effects: U.S. Bank Size and Efficiency, Pavlos Almanidis, Mustafa U. Karakaplan, and Levent Kutlu
Understanding US firm efficiency and its asset pricing implications, Giovanni Calice, Levent Kutlu, and Ming Zeng
Getting on and Moving Up the Property Ladder: Real Hedging in the US Housing Market Before and After the Crisis, Damian S. Damianov and Diego Escobari
Return Predictability: The Dual Signaling Hypothesis of Stock Splits, Ahmed Elnahas, Lei Gao, and Ghada Ismail
Investors’ Uncertainty and Stock Market Risk, Diego Escobari and Mohammad Jafarinejad
The impact of financial regulation policy uncertainty on bank profits and risk, Robert N. Killins, David W. Johnk, and Peter V. Egly
Institutional Investors and Corporate Environmental, Social, and Governance Policies: Evidence from Toxics Release Data, Incheol Kim, Hong Wan, Bin Wang, and Tina Yang
A time-varying true individual effects model with endogenous regressors, Levent Kutlu, Kien C. Tran, and Mike G. Tsionas
Exchange rates, oil prices and world stock returns, Andre V. Mollick and Hamid Sakaki
Did the Adoption of IFRS Affect Corporate Tax Avoidance?, Oliver Nnamdi Okafor, Akinloye Akindayomi, and Hussein Warsame
Policy Uncertainty and Firm Cash Holdings, Hieu V. Phan, Nam H. Nguyen, Hien T. Nguyen, and Shantaram Hegde
On the Dynamic Analysis of Cournot-Bertrand Equilibria, Aggey Semenov and Jean-Baptise Tondji
Locating an Optimal Site for a Controversial Facility, Jean-Baptise Tondji
Submissions from 2018
Peer Influence on payout policies, Binay K. Adhikari and Anup Agrawal