This study investigates the determinants of variations in the yield spreads between Japanese yen interest rate swaps and Japan government bonds for a period from 1997 to 2005. A smooth transition vector autoregressive (STVAR) model and generalized impulse response functions are used to analyze...

Most markets that choose settlement day following expiration day select opening price rather than closing price as final settlement price (FSP) when index derivatives expire, while most markets that choose settlement day the same as expiration day select an average price rather than a single...

We examine the effects of credit market accessibility and legal protection on corporate innovation in a pseudo-multinational setting emphasizing the channels through which the credit market and legal protection affect corporate innovation. Credit market accessibility promotes innovation by...

In this paper we use a new method to rank finance journals. Traditionally, journal qualities are measured either by the citation-based impact factor approach, or by the survey method. Although these two approaches have merits, their efficacy is also limited in many ways. Author Affiliation Index...

In this paper we use a new method to rank finance journals and study the pattern of authorship/co-authorship across journals. Author Affiliation Index is a cost-effective and intuitively easy-to-understand approach to journal rankings. We define Author Affiliation Index as the ratio of articles...