Guest Book

John P. Scordo, Esq.

Bio

jscordo "at" research-finance.com 

   Comments, suggestions, article recommendations, etc.

Introduction - Keeping current with the most recent academic finance articles and working papers, using only the internet, is not easy. There is no central location where all of the articles are aggregated, and most journals require paid subscriptions and therefore do not ordinarily make their materials available for free over the internet. Luckily, some of the major journals allow upcoming papers to be downloaded before official publication, and the authors of working papers generally allow free access to their articles at their own personal website or their institution’s website.   I have tried to collect below a short list of sites that can be visited regularly to keep up to date on the latest leading research in finance, as well as more comprehensive lists of research-related and other interesting sites.  By visiting the "Leading Sources" identified below, about once a week, you should be kept reasonably up to date on most major releases of research in finance. I have also provided, in the "Recent Articles of Interest" sub-section, a running list of interesting and potentially influential articles, mostly focused on academic research in the financial markets, primarily the stock market.  Also, be sure to scroll down.  The "Shorter Articles/New Sites of Note" focuses on more easily readable, semi-academic articles and additional sites of interest.  The remaining sub-sections below list major journals and working paper sites, and the "Key Links For Academic Research," "Shorter Finance Articles" and "Other Interesting Sites/Online Finance Courses" sub-sections list many other very useful sites.  Please read about the purpose of this site before using.  Site last updated on: Monday, November 28, 2008  (prior updates on: October 6, 2008,  July 31, 2008, April 30, 2008, February 29, 2008,  December 15, 2007, October 14, 2007, August 26, 2007, June 24, 2007, May 6, 2007, March 23, 2007, January 27, 2007, November 19, 2006, September 10, 2006, July 10, 2006, May 14, 2006, March 15, 2006, January 2, 2006, November 20, 2005, October 5, 2005, September 5, 2005, August 28, 2005, August 6, 2005,  July 4, 2005, June 5, 2005; May 8, 2005, March 26, 2005, February 13, 2005,  January 16, 2005,  . . . .).

If you are a newcomer to finance, check out the  Getting Started  page for some good introductory resources.

Also, check out the New! section on Finance and the Entertainment Industry.

November 2008 - Haug, Taleb, Why We Have Never Used the Black-Scholes-Merton Option Pricing Formula (fourth version) New!

November 2008  - Advisory Group LLC, Public Debt, Inflation and the Stock Market  New!

October 2008  - Financial Crisis

          IMF's Global Financial Stability Report - October 2008  -

          Laeven, Valencia, Systemic Banking Crises: A New Database 

October 2008 - Galinsky, Insecure Minds Wired For Pattern Finding - the best explanation yet for the belief that anyone can trade the market 

October 2008 - The AFG Journal of Equity Valuation & Selection -Call for Papers 

July 2008 - 80 Year History: Earnings Yield vs. Interest Rates  *** Highly Recommended ***

July 2008 - Federal Reserve Bank of St. Louis, Monetary Policy's Third Interest Rate 

July 2008 - Bank of International Settlements, Credit Risk Transfer: 2005-2007 

July 2008 - Ikenberry, Lakonishok, Vermaelen, Market Underreaction to Open Market Repurchases

July 2008 - Lerman, Livnat, Mendenhall,  Double Surprise into Higher Future Returns, Financial Analysts Journal, Vol. 63, No. 4, pp. 63-71, July/August 2007  New!

April 2008 - Hoberg, Welch, Aged and Recent Market Betas in Securities Pricing  

April 2008 - Keys, Did Securitization Lead to Lax Screening? Evidence from Subprime Loans

April 2008 - French, The Cost of Active Investing 

April 2008 - Fernandez, 100 Questions About Finance (100 Preguntas Sobre Finanzas)  

February 2008 - Lo, Patel, 130/30: The New Long-Only 

February 2008 - Fama, French, Average Returns, B/M, and Share Issues

February 2008 - Campbell, Hilscher, Szilagyi, In Search of Distress Risk 

February 2008 - Fama, French, Dissecting Anomalies 

October 2007 - The Big Mac Index 

October 2007 (published September 2007) - Haug, Taleb, Why We Have Never Used the Black-Scholes-Merton Option Pricing Formula 

August 2007 (June 2007) - Fabozzi, Kothari, Securitization: The Tool of Financial Transformation  

August 2007 (published November 2006) -  Rasmussen, How Well Do Financial and Macroeconomic Variables Predict Stock Returns: Time-Series and Cross-Sectional Evidence 

August 2007 (published January 2006) - Gabaix, A Unified Theory of Ten Financial Puzzles

June 2007 (published April 2006) - Karpoff, Lee, Martin, Financial Expertise of Directors 

June 2007 (to be published in October 2007) - Baruch, Karolyi, Lemmon, Multi-Market Trading and Liquidity: Theory and Evidence 

June 2007 (to be published in 2007) - Pontiff, Woodgate, Share Issuance and Cross-Sectional Returns 

June 2007 (published May 2006) - Skinner, The Evolving Relation between Earnings, Dividends, and Stock Repurchases  

April 2007 - Carlson, A Brief History of the 1987 Stock Market Crash with a Discussion of the Federal Reserve Response 

April 2007 (published February 2007) - Jacobsen, Marshall, Visaltanachorti, The Interval of Observation *** Highly Recommended ***

April 2007  (published January 2007)  - Sheiner,  Sichel, Slifman, A Primer on the Macroeconomic Implications of Population Aging   

April 2007 (published October 2006) - Lebow, Rudd, Inflation Measurement 

April 2007 (published October 2006) - Gurkaynak, Sack, Wright, The U.S. Treasury Yield Curve: 1961 to the Present 

April 2007 (published October 2006) - Fair, A Comparison of Five Federal Reserve Chairmen: Was Greenspan the Best?

January 2007 - Beach, Semivariance in Asset Allocations: Longer Horizons Can Handle Riskier Holdings 

January 2007 (to be published in 2007) - Martin Lettau and Jessica A. Wachter, Why Is Long-Horizon Equity Less Risky? A Duration-Based Explanation of the Value Premium 

January 2007 (to be published in 2007) - Pontiff, Woodgate, Share Issuance and Cross-Sectional Returns 

January 2007 (to be published in 2007) - Thomas J. George and Chuan-Yang Hwang , Long-Term Return Reversals: Overreaction or Taxes? 

PRIOR ARTICLES - 2006;          PRIOR ARTICLES - 2005;

PRIOR ARTICLES - 2004;         PRIOR ARTICLES  -  2003; 

PRIOR ARTICLES - 2002;          PRIOR ARTICLES -  2001

NetEc/WebEc/EconWPA/IDEAS/RePEC/NEP – This collection of sites is the most comprehensive source on the web for academic financial literature. The sites contain one of the most complete list of Working Paper sites (962) and Journal sites (129) available.  Also, the EconWPA site does list abstracts from posted articles by month. At present, the best way to keep up to date on papers being posted to the RePec sites is to sign up for the "corporate finance," "econometrics," "finance" and "financial markets" e-mail notifications. The professors participating in RePec and in WebEc-HoPEC are listed.

J