Working Paper Series

CRIF10001 
Title: Why Money Matters: A Fourth Natural Experiment.
Author: James R. Lothian.

2009

CRIF09006 [ ABSTRACT | PAPER]
Title: U.S. Monetary Policy and the Financial Crisis.
Author: James R. Lothian

CRIF09005 [ ABSTRACT | PAPER]
Title: The Signaling Hypothesis Revisited: Evidence from Foreign IPOs.
Authors: Bill B. Francis, Iftekhar Hasan, James R. Lothian, and Xian Sun

CRIF09004 [ ABSTRACT | PAPER]
Title: Cyclical Government Spending, Income Inequality and Welfare in Small Open Economies".
Authors: Guay Lim and Paul D. McNelis

CRIF09003 [ ABSTRACT | PAPER]
Title: Milton Friedman's Monetary Economics and the Quantity-Theory Tradition.
Authors: James R. Lothian

CRIF09002 [ ABSTRACT | PAPER]
Title: Irving Fisher and the UIP Puzzle.
Authors: Rachel A.J. Campbell, Kees G. Koedijk, James R. Lothian, and Ronald J. Mahieu

CRIF09001 [ ABSTRACT | PAPER]
Title: A Bayesian Comparison of the Classical Gold Standard and the Great Moderation.
Authors: Gabrial Flagan, James R. Lothian, and Paul D. McNelis

2008

CRIF084001 [ ABSTRACT | PAPER]
Title: Real Exchange Rates Over the Past Two Centuries: How Important is the Harrod-Balassa-Samuelson Effect?
Authors: James R. Lothian, Mark P. Taylor [A revised version of Working Paper CRIF04001; published in the Economic Journal, October 2008]

2007

CRIF07003 [ ABSTRACT | PAPER]
Title: Have Absolute Price Levels Converged for Developed Economies? The Evidence since 1870
Authors: Lein Lein Chen, Seungmook Choi, John Devereux

CRIF07002 [ ABSTRACT | PAPER]
Title: Searching for Balassa Samuelson in Post-War Data
Authors: Lein Lein Chen, Seungmook Choi, John Devereux

CRIF07001 [ ABSTRACT | PAPER]
Title: Fiscal and Current Account Balances in a Model With Sticky Prices and Distortionary Taxes
Authors: Guay Lim, Paul D. McNelis

2006

CRIF06003 [ ABSTRACT | PAPER]
Title: Renminbi Revaluation, Euro Appreciation and Chinese Markets: What Can We Learn From Data? Authors: Paul D. McNelis, Salij N. Neftçi

CRIF06002 [ ABSTRACT | PAPER]
Title: The Use of Loan Loss Provisions for Earnings, Capital Management and Signaling by Australian Banks
Authors: Asokan Anandarajan, Iftekhar Hasan, Cornelia McCarthy

CRIF06001 [ ABSTRACT | PAPER]
Title: The Role of Earnings and Book Values in Pricing Stocks: Evidence from Turkey
Authors: Asokan Anandarajan, Iftekhar Hasan, Ihsan Isik, Cornelia McCarthy

2005

CRIF05002 [ ABSTRACT | PAPER]
Title: Institutions, Capital Flows and Financial Integration
Authors: James R. Lothian

CRIF05001 [ABSTRACT | PAPER]
Title: Uncovered Interest-Rate Parity over the Past Two Centuries
Authors: James R. Lothian, Liuren Wu

2004

CRIF04001 [ PAPER]
Title: Real Exchange Rates Over the Past Two Centuries: How Important is the Harrod-Balassa-Samuelson Effect?
Authors: James R. Lothian, Mark P. Taylor

2003

CRIF03002 [ PAPER]
Title: The Economics of International Monies
Authors: Gerald P. Dwyer Jr. and James R. Lothian

CRIF03003 [ PAPER]
Title: The Behavior of Money and Other Economic Variables: Two Natural Experiments
Authors: James R. Lothian and Cornelia H. McCarthy

2002

CRIF02001 [ PAPER]
Title: The Internationalization of Money and Finance and the Globalization of Financial Markets
Authors: James R. Lothian

CRIF02002 [ PAPER]
Title: Has International Financial Integration Increases?
Authors: Lawrence G. Goldberg, James R. Lothian, and John Okunev

CRIF02003 [ PAPER]
Title: International Money and Common Currencies in Historical Perspective
Authors: Gerald P. Dwyer Jr. and James R. Lothian

CRIF02004 [ PAPER]
Title: Real Exchange Rate Behavior Under Floating and Fixed Regimes
Authors: James R. Lothian and Cornelia H. McCarthy

CRIF02005 [ PAPER]
Title: Equity Returns and Inflation: The Puzzlingly Long Lags
Authors: James R. Lothian and Cornelia H. McCarthy

CRIF02006 [ PAPER]
Title: Currency Union and Real Exchange Rate Behavior
Authors: James R. Lothian and Cornelia H. McCarthy

CRIF02007 [ PAPER]
Title: Time-Changed Lévy Processes and Option Pricing
Authors: Peter Carr and Liuren Wu

CRIF02008 [ PAPER]
Title: Finite Moment Log Stable Process and Option Pricing
Authors: Peter Carr and Liuren Wu

CRIF02009 [ PAPER]
Title: What Type of Process Underlies Options? A Simple Robust Test
Authors: Peter Carr and Liuren Wu

CRIF02010 [ PAPER]
Title: Static Hedging of Standard Options
Authors: Peter Carr and Liuren Wu

CRIF02011 [ PAPER]
Title: Accounting for Biases in Black-Scholes
Authors: David Backus, Silverio Foresi, and Liuren Wu

CRIF02012 [ PAPER]
Title: Predictable Changes in Yields and Forward Rates
Authors: David Backus, Silverio Foresi, Abon Mozumdar, and Liuren Wu

CRIF02013 [ PAPER]
Title: Asset Pricing under the Quadratic Class
Authors: Markus Leippold and Liuren Wu

CRIF02014 [ PAPER]
Title: Design and Estimation of Quadratic Term Structure Models
Authors: Markus Leippold and Liuren Wu

CRIF02015 [ PAPER]
Title: Are Interest Rate Derivatives Spanned by the Term Structure of Interest Rates?
Authors: Massoud Heidari and Liuren Wu

CRIF02016 [ PAPER]
Title: Term Structure of Interest Rates, Yield Curve Residuals, and the Consistent Pricing of Interest Rate and Interest Rate Derivatives
Authors: Massoud Heidari and Liuren Wu

CRIF02017 [ PAPER]
Title: Time-Varying Arrival Rates of Informed and Uninformed Trades
Authors: David Easley, Robert Engle, Maureen O'Hara, and Liuren Wu

CRIF02018 [ PAPER]
Title: Contagion in Financial Markets
Authors: David Backus, Silverio Foresi, and Liuren Wu

CRIF02019 [ PAPER]
Title: Jumps and Dynamic Portfolio Decisions
Authors: Liuren Wu

CRIF02020 [ PAPER]
Title: A Dynamic Equilibrium Model of Real Exchange Rates with General Transaction Costs
Authors: Gautam Goswami, Milind Shrinkhande, and Liuren Wu