Studies in Economics and Finance: Volume 32 Issue 1

Flight to quality?: An investigation of changing price spreads in commercial real estate markets

Franz Fuerst, Patrick McAllister, Petros Sivitanides

The purpose of this paper is to investigate the effect of the crisis on the pricing of asset quality attributes. This paper uses sales transaction data to examine whether flight…

House price cycles in emerging economies

Alessio Ciarlone

This paper aims to investigate the characteristics of house price dynamics for a sample of 16 emerging economies from Asia and Central and Eastern Europe over the period of…

New evidence on alliance experience and acquisition performance: Short-run pain, long-run gain?

Yiwei Fang, Dawei Jin, Xian Sun, Haizhi Wang

This study aims to build on the organizational learning theory and propose a complex strategy by combining strategic alliance with subsequent acquisitions to penetrate new product…

Traders and time: who moves the market?

Fabrizio Ferriani

This paper is aimed to investigate the impact of different categories of traders on price and volume durations at Euronext Paris. The two series are respectively related to the…

The performance of bid-ask spread estimators under less than ideal conditions

Michael Bleaney, Zhiyong Li

This paper aims to investigate the performance of estimators of the bid-ask spread in a wide range of circumstances and sampling frequencies. The bid-ask spread is important for…

Volatility behaviour of stock index futures in China: a bivariate GARCH approach

Yang Hou, Steven Li

– This paper aims to investigate the volatility transmission and dynamics in China Securities Index (CSI) 300 index futures market.