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Cambridge Endowment for Research in Finance (CERF)

 

CERF Working Paper Series

The CERF working paper series comprises papers in the areas of finance, financial institutions, and financial markets, and their relationship with the economy. The papers are contributed by members of the CERF community, including CERF funded Phd scholars, current CERF post-docs, former CERF post-docs (members of CERFAS), CERF fellows, the CERF director, CERF research associates, CERF managers, and CERF grant recipients.

The papers are listed according to the year when the first version of the paper became available on SSRN. Published versions of some of the working papers can be found in the section “Publications”.

Read more at: Working Papers 2022

Working Papers 2022

Reddy, Bobby V. (2022). The SPACtacular Rise of the Special Purpose Acqusition Company: A Retail Investor's Worst Nightmare


Read more at: Working Papers 2021

Working Papers 2021

2021 Arnold, J., Chambers, D., Saffi, P. A. , & Zheng, X. (2021). The More Things Change, The More They Stay the Same: Why Do Mutual Funds Change Sub-advisors? . Anagnostopoulos, A., Ateşağaoğlu, O., Faraglia, E. , & Giannitsarou, C. (2021). Cross-country Stock Market Comovement: A Macro...


Read more at: Working Papers 2020

Working Papers 2020

2020 Assamoi, K., Ekponon, A. , & Guo, Z. (2020). Are Cryptocurrencies Priced in the Cross-section? A Portfolio Approach. Chen, S. , & Xu, H. (2020). Industry Dynamics and Capital Structure (Non)Commitment . Darmouni O., Giesecke O., & Rodnyansky, A. (2020): The Bond Lending Channel of...


Read more at: Working Papers 2019

Working Papers 2019

2019 Chen, C. Y.-H., Härdle, W. K., Klochkov, Y. (2019). Influencers and Communities in Social Networks . Chen, S. , Lambrecht, B. M. (2019). The Dynamics of Financial Policies and Group Decisions in Private Firms . Dorion, C., Ekponon, A. , Jeanneret, A. (2019). What Drives the Expected Return on...


Read more at: Working Papers 2018

Working Papers 2018

2018 Andrade, S. C., Ekponon, A. , & Jeanneret, A. (2021). Sovereign Risk Premia and Global Macroeconomic Conditions . Forthcoming, Journal of Financial Economics. Dimson, E., Karakaş, O. , & Li, X. (2018). Coordinated engagements . European Corporate Governance Institute–Finance Working...


Read more at: Working Papers 2017

Working Papers 2017

Accominotti, Olivier; Cen, Jason; Chambers, David ; Marsh, Ian W.: Currency Regimes and the Carry Trade , 2017 Bae, Kee-Hong; Kang, Jisok : Does the Stock Market Benefit the Economy? , 2017 Choi, Syngjoo; Gallo, Edoardo ; Wallace, Brian: Financial Contagion in Networks: A Market Experiment , 2017...


Read more at: Working Papers 2016

Working Papers 2016

Working Papers 2016 Bali, Turan G.; Brown, Stephen J.; Tang, Yi: Is economic uncertainty priced in the cross-section of stock returns? , 2016 Dalderop, Jeroen : Nonparametric State-Price Density Estimation Using High Frequency Data , 2016 Gurun, U. G., & Karakaş, O. : Earnings and the value of...


Read more at: Working Papers 2015

Working Papers 2015

Working Papers 2015 Aggarwal, Reena; Saffi, Pedro A. C. ; Sturgess, Jason: The Role of Institutional Investors in Voting: Evidence from the Securities Lending Market , 2015 Amel-Zadeh, Amir : Materiality of Nonfinancial Information: Theoretical Foundations and Empirical Evidence , 2015 Amel-Zadeh...


Read more at: Working Papers 2014

Working Papers 2014

Working Papers 2014 Accominotti, Olivier; Chambers, David : Out-of-Sample Evidence on the Returns to Currency Trading , 2014 Alcock, Jamie; Steiner, Eva : Unexpected Inflation, Capital Structure and Real Risk-Adjusted Firm Performance , 2014 Alcock, Jamie; Steiner, Eva ; Tan, Kelvin Jui Keng...


Read more at: Working papers 2013

Working papers 2013

Working Papers 2013 Aggarwal, Reena; Saffi, Pedro A. C. ; Sturgess, Jason: The Role of Institutional Investors in Voting: Evidence from the Securities Lending Market , 2013 Alcock, Jamie; Baum, Andrew; Colley, Nicholas; Steiner, Eva : The Role of Financial Leverage in the Performance of Private...