Studies in Economics and Finance: Volume 28 Issue 4

Determinants of off‐balance sheet usage in private banks

Elizabeth W. Cooper

The purpose of this paper is to analyze the off‐balance sheet (OBS) behavior of a sample of small commercial banks in the USA in 2006. In particular, it aims to study the impact…

The effect of universal futures on opening and closing stock market price discovery

Patricia L. Chelley‐Steeley, James M. Steeley

On 29 January 2001, Euronext LIFFE introduced single security futures contracts on a range of global companies. The purpose of this paper is to examine the impact that the…

Ultimate ownership structure and stock liquidity: empirical evidence from Tunisia

Ghabri Yosra, Olfa Ben Ouda Sioud

The purpose of this paper is to study the ownership‐liquidity relation in the context of the Tunisian Stock Exchange.

Modeling coherent trading risk parameters under illiquid market perspective

Mazin A.M. Al Janabi

The purpose of this paper is to originate a proactive approach for the quantification and analysis of liquidity risk for trading portfolios that consist of multiple equity assets.

Dynamic structure of the US financial systems

Khaldoun Khashanah, Linyan Miao

This paper empirically investigates the structural evolution of the US financial systems. It particularly aims to explore if the structure of the financial systems changes when…