This paper investigates the extreme dependence between the Asia-Pacific stock markets and the international crude oil market by applying the quantile regression theory and using daily data from January 4th, 2000 to July 4th, 2016. The authors obtain a more detailed result on the degree and...

Using trading information of a comprehensive sample of relisted Chapter 11 firms in the past few decades, we find that the one-year market-adjusted buy-and-hold returns of post-reorg equity are over 50%. An equal-weighted calendar-time portfolio generates 7.2% annualized excess returns over a...