Relationship between stock returns and inflation: New evidence from the US using wavelet and causality methods

2020 ◽  
Author(s):  
Aviral Kumar Tiwari ◽  
Adeolu O. Adewuyi ◽  
Olabanji B. Awodumi ◽  
David Roubaud
Keyword(s):  
Stock Returns ◽  
The Us ◽  
New Evidence

Chinese Superstition and Stock Returns: Some New Evidence

2013 ◽  
Author(s):  
Richard Chung ◽  
Ali F. Darrat ◽  
Bin Li
Keyword(s):  
Stock Returns ◽  
New Evidence

scholarly journals Strategic Default, Debt Structure, and Stock Returns

2016 ◽  
Vol 51 (1) ◽  
pp. 197-229 ◽  
Author(s):  
Philip Valta
Keyword(s):  
Stock Returns ◽  
Large Fraction ◽  
Convertible Debt ◽  
Debt Structure ◽  
Publicly Traded ◽  
Debt Renegotiation ◽  
Strategic Default ◽  
Expected Stock Returns ◽  
Debt Holders ◽  
New Evidence

AbstractThis paper theoretically and empirically investigates how debt structure and strategic interaction among shareholders and debt holders in the event of default affect expected stock returns. The model predicts that expected stock returns are higher for firms that face high debt renegotiation difficulties and that have a large fraction of secured or convertible debt. Using a large sample of publicly traded U.S. firms for the period 1985–2012, the paper presents new evidence on the link between debt structure and stock returns that is supportive of the model’s predictions.

Market efficiency, the Mexican peso crisis, and the US bank stock returns

2000 ◽  
Vol 11 (1-2) ◽  
pp. 73-86 ◽  
Author(s):  
Osman Kilic ◽  
M.Kabir Hassan ◽  
David Tufte
Keyword(s):  
Market Efficiency ◽  
Stock Returns ◽  
The Us ◽  
Bank Stock Returns ◽  
Bank Stock ◽  
Mexican Peso

scholarly journals Semi-monthly effect in stock returns: new evidence from Bombay Stock Exchange

2017 ◽  
Vol 14 (3) ◽  
pp. 160-172 ◽  
Author(s):  
Shakila B. ◽  
Prakash Pinto ◽  
Iqbal Thonse Hawaldar
Keyword(s):  
Health Care ◽  
Stock Returns ◽  
Stock Exchange ◽  
Consumer Durables ◽  
Empirical Results ◽  
Significant Difference ◽  
The Mean ◽  
Daily Stock Returns ◽  
New Evidence ◽  
Care Index

Semi-monthly effect is a kind of calendar anomalies which is less explored in the financial literature. The main objective of this paper to investigate the presence of semi-monthly effect in selected sectoral indices of Bombay Stock Exchange (BSE). The study uses the daily stock returns of five sectoral indices viz S&P BSE Auto Index, S&P BSE Bankex, S&P BSE Consumer Durables Index, S&P BSE FMCG Index and S&P BSE Health Care Index for the period of 10 years starting from 1st April 2007 to 31st March 2017. The data were analyzed using two approaches namely calendar days approach and trading days approach. To test the equality of mean returns for the two halves of the month, Mann-Whitney U test is used. The empirical results of the study did not provide any evidence for the presence of semi-monthly effect in the selected sectoral indices. Nevertheless, BSE Auto Index showed significant difference in the mean returns of first half and second half of trading month during the study period.

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