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 FMRC Financial Markets Research Center

Working papers written or last revised in 2004


A prism into the PPP puzzles: The micro-foundations of big Mac real exchange rates

David C. Parsley and Shang-Jin Wei

 

The choice of payment method in European mergers & acquisitions
Ronald W. Masulis and Mara Faccio

 

Debt and expropriation
Mara Faccio, Larry H.P. Lang, and Leslie Young

 

Politically connected firms
Mara Faccio

 

When do bidders gain? The difference in returns to acquirers of listed and unlisted targets
Mara Faccio, John J. McConnell, and David Stolin
 

Oil pollution prevention and enforcement measures and their effectiveness: A survey of empirical research
Mark A. Cohen
 

Nasdaq trading halts: The impact of market mechanisms on prices, trading activity, and execution costs
William G. Christie, Shane A. Corwin, and Jeffrey H. Harris
 

Conditional skewness of aggregate market returns
Anchada Charoenrook and Hazem Daouk

 

 

 

 


 


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