Volume 143, Issue 3, 2022
1. Bank capital structure and regulation: Overcoming and embracing adverse selection
Sonny Biswas, Kostas Koufopoulos
2. Real-time price discovery via verbal communication: Method and application to Fedspeak
Roberto Gómez-Cram, Marco Grotteria
3. Does paycheck frequency matter? Evidence from micro data
Brian Baugh, Filipe Correia
4. Patent quality, firm value, and investor underreaction: Evidence from patent examiner busyness
Tao Shu, Xuan Tian, Xintong Zhan
5. Blood in the water: The value of antitakeover provisions during market shocks
Scott Guernsey, Simone M. Sepe, Matthew Serfling
6. Revealing corruption: Firm and worker level evidence from Brazil
Emanuele Colonnelli, Spyridon Lagaras, Jacopo Ponticelli, Mounu Prem, Margarita Tsoutsoura
7. Closing auctions: Nasdaq versus NYSE
Narasimhan Jegadeesh, Yanbin Wu
8. A factor model for option returns
Matthias Büchner, Bryan Kelly
9. Price revelation from insider trading: Evidence from hacked earnings news
Pat Akey, Vincent Grégoire, Charles Martineau
10. High policy uncertainty and low implied market volatility: An academic puzzle?
Jędrzej Białkowski, Huong Dieu Dang, Xiaopeng Wei
11. The cost of steering in financial markets: Evidence from the mortgage market
Luigi Guiso, Andrea Pozzi, Anton Tsoy, Leonardo Gambacorta, Paolo Emilio Mistrulli
12. Under-diversification and idiosyncratic risk externalities
Felipe S. Iachan, Dejanir Silva, Chao Zi
13. In sickness and in debt: The COVID-19 impact on sovereign credit risk
Patrick Augustin, Valeri Sokolovski, Marti G. Subrahmanyam, Davide Tomio
14. Liquidity, pledgeability, and the nature of lending
Douglas W. Diamond, Yunzhi Hu, Raghuram G. Rajan
15. Expected return, volume, and mispricing
Yufeng Han, Dashan Huang, Dayong Huang, Guofu Zhou
16. Outlier blindness: A neurobiological foundation for neglect of financial risk
Elise Payzan-LeNestour, Michael Woodford