 | Additions to Market Indices and the Comovement of Stock Returns Around the World Author/Editor: Yishay Yafeh, Stijn Claessens. Release Date:March, 2011 Using newly-constructed data covering the last decade, we document that, in most of forty markets, when added to the main index, firms’ returns experience an increase in comovement with the rest of more...
| Price: $18.00
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| Financial Frictions, Investment, and Institutions Author/Editor: Yishay Yafeh, Kenichi Ueda, Stijn Claessens. Release Date:October, 2010 Financial frictions have been identified as key factors affecting economic fluctuations and growth. But, can institutional reforms reduce financial frictions? Based on a canonical investment model, more...
| Price: $18.00
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| The Corporation of Foreign Bondholders Author/Editor: Paolo Mauro, Yishay Yafeh. Release Date:May, 2003 This paper analyzes the Corporation of Foreign Bondholders (CFB), an association of British investors holding bonds issued by foreign governments. The CFB played a key role during the heyday of more...
| Price: $15.00
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