Richard K. Lyons

University of California, Berkeley

Associate Professor of Business Administration

Haas School of Business

Berkeley, CA 94720

United States

National Bureau of Economic Research (NBER)

Fellow

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

33

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CITATIONS
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Top 355

in Total Papers Citations

1,216

Scholarly Papers (33)

1.
Downloads 1,736 ( 7,240)
Citation 35

Mutual Fund Investment in Emerging Markets: An Overview

World Bank Policy Research Working Paper No. 2529
Number of pages: 37 Posted: 05 Jun 2001
Graciela Kaminsky, Richard K. Lyons and Sergio L. Schmukler
George Washington University - Department of Economics, University of California, Berkeley and World Bank - Development Research Group (DECRG)
Downloads 1,736 (7,088)
Citation 35

Abstract:

Mutual Fund Investment in Emerging Markets: An Overview

World Bank Economic Review, Vol, 15, No. 2, August 2001
Posted: 07 May 2002
Graciela Kaminsky, Richard K. Lyons and Sergio L. Schmukler
George Washington University - Department of Economics, University of California, Berkeley and World Bank - Development Research Group (DECRG)

Abstract:

mutual funds, emerging markets, capital flows, equity investment, contagion, crises

2.

Innovation in Services: Corporate Culture and Investment Banking

California Management Review, Vol. 50, No. 1, pp. 174-191, 2007
Number of pages: 19 Posted: 03 Mar 2010
Richard K. Lyons, Jennifer Chatman and Caneel K. Joyce
University of California, Berkeley, University of California, Berkeley - Haas School of Business, Organizational Behavior & Industrial Relations Group and London School of Economics
Downloads 1,065 (11,728)
Citation 2

Abstract:

innovation, service innovation, corporate culture, investment banking, service sector, financial services, organizational culture, management, business, hiring, promotions, leadership, creativity

3.
Downloads 918 ( 19,804)
Citation 280

Order Flow and Exchange Rate Dynamics

Eleventh Annual Utah Winter Conference
Number of pages: 46 Posted: 23 Sep 1999
Richard K. Lyons and Martin D.D. Evans
University of California, Berkeley and Georgetown University - Department of Economics
Downloads 868 (21,140)
Citation 280

Abstract:

Order Flow and Exchange Rate Dynamics

NBER Working Paper No. w7317
Number of pages: 46 Posted: 19 Jul 2000
Martin D.D. Evans and Richard K. Lyons
Georgetown University - Department of Economics and University of California, Berkeley
Downloads 50 (336,858)
Citation 280

Abstract:

Order Flow and Exchange Rate Dynamics

Journal of Political Economy, Vol. 110, February 2002
Posted: 25 Jan 2002
Martin D.D. Evans and Richard K. Lyons
Georgetown University - Department of Economics and University of California, Berkeley

Abstract:

Managers, Investors, and Crises: Mutual Fund Strategies in Emerging Markets

World Bank Policy Research Working Paper No. 2399
Number of pages: 37 Posted: 14 Aug 2000
Graciela Kaminsky, Richard K. Lyons and Sergio L. Schmukler
George Washington University - Department of Economics, University of California, Berkeley and World Bank - Development Research Group (DECRG)
Downloads 564 (38,534)
Citation 50

Abstract:

Managers, Investors, and Crises: Mutual Fund Strategies in Emerging Markets

NBER Working Paper No. w7855
Number of pages: 38 Posted: 19 Aug 2000
Graciela Kaminsky, Richard K. Lyons and Sergio L. Schmukler
George Washington University - Department of Economics, University of California, Berkeley and World Bank - Development Research Group (DECRG)
Downloads 56 (318,728)
Citation 50

Abstract:

Managers, Investors, and Crises: Mutual Fund Strategies in Emerging Markets

Journal of International Economics, Vol. 64, No. 1, pp. 113-134, October 2004
Posted: 10 Dec 2004
Graciela Kaminsky, Richard K. Lyons and Sergio L. Schmukler
George Washington University - Department of Economics, University of California, Berkeley and World Bank - Development Research Group (DECRG)

Abstract:

Mutual funds, managers, investors, trading strategies, emerging markets, momentum, feedback trading, crisis, contagion

Meese-Rogoff Redux: Micro-Based Exchange Rate Forecasting

Number of pages: 16 Posted: 10 Jan 2005
Martin D.D. Evans and Richard K. Lyons
Georgetown University - Department of Economics and University of California, Berkeley
Downloads 429 (54,595)
Citation 44

Abstract:

Exchange rates, forecasting, Meese and Rogoff, microstructure, order flow

Meese-Rogoff Redux: Micro-Based Exchange Rate Forecasting

NBER Working Paper No. w11042
Number of pages: 23 Posted: 09 Feb 2005
Martin D.D. Evans and Richard K. Lyons
Georgetown University - Department of Economics and University of California, Berkeley
Downloads 70 (283,280)
Citation 44

Abstract:

6.
Downloads 469 ( 49,385)
Citation 28

A New Micro Model of Exchange Rate Dynamics

AFA 2005 Philadelphia Meetings
Number of pages: 63 Posted: 05 Mar 2004
Martin D.D. Evans and Richard K. Lyons
Georgetown University - Department of Economics and University of California, Berkeley
Downloads 416 (56,716)
Citation 28

Abstract:

Exchange rates, dispersed information, general equilibrium, microstructure

A New Micro Model of Exchange Rate Dynamics

NBER Working Paper No. w10379
Number of pages: 64 Posted: 31 Mar 2004
Martin D.D. Evans and Richard K. Lyons
Georgetown University - Department of Economics and University of California, Berkeley
Downloads 53 (327,573)
Citation 28

Abstract:

7.
Downloads 311 ( 80,402)
Citation 27

Do Currency Markets Absorb News Quickly?

Journal of International Money and Finance, Forthcoming
Number of pages: 24 Posted: 10 Jan 2005
Martin D.D. Evans and Richard K. Lyons
Georgetown University - Department of Economics and University of California, Berkeley
Downloads 249 (102,118)
Citation 27

Abstract:

exchange rates, news, macroeconomic announcements

Do Currency Markets Absorb News Quickly?

NBER Working Paper No. w11041
Number of pages: 25 Posted: 04 Feb 2005 Last Revised: 03 Sep 2010
Martin D.D. Evans and Richard K. Lyons
Georgetown University - Department of Economics and University of California, Berkeley
Downloads 62 (302,542)
Citation 27

Abstract:

Portfolio Balance, Price Impact, and Secret Intervention

Georgetown University Economics Working Paper
Number of pages: 37 Posted: 19 Jun 2001
Martin D.D. Evans and Richard K. Lyons
Georgetown University - Department of Economics and University of California, Berkeley
Downloads 234 (108,942)
Citation 28

Abstract:

Exchange rates, portfolio balance models, microstructure, intervention

Portfolio Balance, Price Impact, and Secret Intervention

NBER Working Paper No. w8356
Number of pages: 38 Posted: 28 Jun 2001
Martin D.D. Evans and Richard K. Lyons
Georgetown University - Department of Economics and University of California, Berkeley
Downloads 32 (402,062)
Citation 28

Abstract:

9.

Search Costs: The Neglected Spread Component

Number of pages: 22 Posted: 11 Feb 1998
Government of the United States of America - Office of Financial Research, Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), Tilburg University - Department of Finance and University of California, Berkeley
Downloads 205 (121,199)
Citation 8

Abstract:

10.
Downloads 158 (157,698)
Citation 8

An Information Approach to International Currencies

Number of pages: 30 Posted: 30 Mar 2005
Richard K. Lyons and Michael Moore
University of California, Berkeley and University of Warwick - Warwick Business School
Downloads 116 (202,940)
Citation 8

Abstract:

Foreign exchange, vehicle currency, information, microstructure

An Information Approach to International Currencies

NBER Working Paper No. w11220
Number of pages: 31 Posted: 28 Apr 2005 Last Revised: 30 Aug 2010
Richard K. Lyons and Michael Moore
University of California, Berkeley and University of Warwick - Warwick Business School
Downloads 42 (363,029)
Citation 8

Abstract:

11.

Understanding Order Flow

NBER Working Paper No. w11748
Number of pages: 36 Posted: 01 Feb 2006 Last Revised: 09 Aug 2010
Martin D.D. Evans and Richard K. Lyons
Georgetown University - Department of Economics and University of California, Berkeley
Downloads 115 (203,441)
Citation 18

Abstract:

12.

Are Different-Currency Assets Imperfect Substitutes?

CESifo Working Paper Series No. 978
Number of pages: 44 Posted: 31 Jul 2003
Martin D.D. Evans and Richard K. Lyons
Georgetown University - Department of Economics and University of California, Berkeley
Downloads 101 (208,767)
Citation 9

Abstract:

13.

Exchange Rate Fundamentals and Order Flow

NBER Working Paper No. w13151
Number of pages: 69 Posted: 27 Jun 2007
Martin D.D. Evans and Richard K. Lyons
Georgetown University - Department of Economics and University of California, Berkeley
Downloads 100 (203,441)
Citation 256

Abstract:

Tests of Microstructural Hypotheses in the Foreign Exchange Market

NBER Working Paper No. w4471
Number of pages: 34 Posted: 29 Jun 2000 Last Revised: 21 Sep 2010
Richard K. Lyons
University of California, Berkeley
Downloads 54 (324,634)
Citation 127

Abstract:

Tests of Microstructural Hypotheses in the Foreign Exchange Market

Posted: 14 Sep 1999
Richard K. Lyons
University of California, Berkeley

Abstract:

15.

Foreign Exchange Volume: Sound and Fury Signifying Nothing?

NBER Working Paper No. w4984
Number of pages: 33 Posted: 30 Aug 2000 Last Revised: 19 Aug 2010
Richard K. Lyons
University of California, Berkeley
Downloads 49 (334,407)
Citation 37

Abstract:

16.

How is Macro News Transmitted to Exchange Rates?

NBER Working Paper No. w9433
Number of pages: 53 Posted: 10 Jan 2003
Martin D.D. Evans and Richard K. Lyons
Georgetown University - Department of Economics and University of California, Berkeley
Downloads 44 (328,465)
Citation 81

Abstract:

Explaining Forward Exchange Bias..Intraday

NBER Working Paper No. w4982
Number of pages: 15 Posted: 14 Jul 2000
Richard K. Lyons and Andrew Kenan Rose
University of California, Berkeley and University of California - Haas School of Business
Downloads 37 (381,581)
Citation 6

Abstract:

Explaining Forward Exchange Bias ... Intraday

JOURNAL OF FINANCE, Vol 50 No 4, September 1995
Posted: 25 Aug 1998
Richard K. Lyons and Andrew Kenan Rose
University of California, Berkeley and University of California - Haas School of Business

Abstract:

18.

Inventory Information

NBER Working Paper No. w9893
Number of pages: 45 Posted: 17 Aug 2003
H. Henry Cao, Richard K. Lyons and Martin D.D. Evans
University of North Carolina (UNC) at Chapel Hill - Finance Area, University of California, Berkeley and Georgetown University - Department of Economics
Downloads 34 (369,935)
Citation 38

Abstract:

Is There Private Information in the FX Market? The Tokyo Experiment

NBER Working Paper No. w5936
Number of pages: 29 Posted: 20 Sep 2000 Last Revised: 05 Oct 2010
Takatoshi Ito, Richard K. Lyons and Michael Melvin
University of Tokyo - Faculty of Economics, University of California, Berkeley and University of California, San Diego (UCSD) - Rady School of Management
Downloads 31 (406,498)
Citation 68

Abstract:

Is There Private Information in the FX Market? The Tokyo Experiment

JOURNAL OF FINANCE
Posted: 11 Sep 1997
Richard K. Lyons, Takatoshi Ito and Michael Melvin
University of California, Berkeley, University of Tokyo - Faculty of Economics and University of California, San Diego (UCSD) - Rady School of Management

Abstract:

20.

Private Beliefs and Information Externalities in the Foreign Exchange Market

NBER Working Paper No. w3889
Number of pages: 30 Posted: 25 Jun 2004 Last Revised: 19 Aug 2010
Richard K. Lyons
University of California, Berkeley
Downloads 27 (414,187)
Citation 2

Abstract:

21.

Fixed Versus Flexible: Lessons from EMS Order Flow

NBER Working Paper No. w8491
Number of pages: 40 Posted: 28 Sep 2001 Last Revised: 24 Oct 2010
William P. Killeen, Richard K. Lyons and Michael Moore
Setanta Asset Management, University of California, Berkeley and University of Warwick - Warwick Business School
Downloads 23 (419,017)
Citation 29

Abstract:

22.

The Role of External Economies in U.S. Manufacturing

NBER Working Paper No. w3033
Number of pages: 32 Posted: 14 Apr 2007
Ricardo J. Caballero and Richard K. Lyons
Massachusetts Institute of Technology (MIT) - Department of Economics and University of California, Berkeley
Downloads 21 (419,017)
Citation 10

Abstract:

23.

The Mutual Amplification Effect of Exchange Rate Volatility and Unresponsive Trade Prices

NBER Working Paper No. w2677
Number of pages: 24 Posted: 16 Jul 2004
Richard E. Baldwin and Richard K. Lyons
University of Geneva - Graduate Institute of International Studies (HEI) and University of California, Berkeley
Downloads 21 (434,046)
Citation 2

Abstract:

Optimal Transparency in a Dealership Market with an Application to Foreign Exchange

NBER Working Paper No. w4467
Number of pages: 48 Posted: 07 Nov 2007 Last Revised: 17 Sep 2010
Richard K. Lyons
University of California, Berkeley
Downloads 20 (465,049)
Citation 21

Abstract:

Optimal Transparency in a Dealership Market with an Application to Foreign Exchange

Posted: 10 Sep 1999
Richard K. Lyons
University of California, Berkeley

Abstract:

25.

Short and Long Run Externalities

NBER Working Paper No. w3810
Number of pages: 27 Posted: 24 Jul 2007
Vrije Universiteit Amsterdam, Massachusetts Institute of Technology (MIT) - Department of Economics and University of California, Berkeley
Downloads 15 (419,017)
Citation 2

Abstract:

26.

Floating Exchange Rates in Peru, 1950-54

NBER Working Paper No. w3775
Number of pages: 32 Posted: 15 Jan 2007
Richard K. Lyons
University of California, Berkeley
Downloads 15 (454,929)
Citation 1

Abstract:

27.

Exchange Rate Hysteresis: the Real Effects of Large vs Small Policy Misalignments

NBER Working Paper No. w2828
Number of pages: 37 Posted: 23 Apr 2004
Richard E. Baldwin and Richard K. Lyons
University of Geneva - Graduate Institute of International Studies (HEI) and University of California, Berkeley
Downloads 15 (465,348)
Citation 1

Abstract:

28.

Time-Varying Liquidity in Foreign Exchange

Journal of Monetary Economics, Vol. 49, No. 5, 2002
Posted: 26 Jan 2011
Martin D.D. Evans and Richard K. Lyons
Georgetown University - Department of Economics and University of California, Berkeley

Abstract:

Foreign Exchange

29.

Informational Integration and Fx Trading

Journal of International Money and Finance, Vol. 21, No. 6, 2002
Posted: 26 Jan 2011
Martin D.D. Evans and Richard K. Lyons
Georgetown University - Department of Economics and University of California, Berkeley

Abstract:

Exchange rates, Order flow, Financial Integration

30.

Information Externalities in the Microstructure of the Foreign Exchange Market

Posted: 02 Sep 1999
Richard K. Lyons
University of California, Berkeley

Abstract:

31.

Optimal Transparency in a Dealer Market with Application to Foreign Exchange

JOURNAL OF FINANCIAL INTERMEDIATION
Posted: 23 Apr 1998
Richard K. Lyons
University of California, Berkeley

Abstract:

32.

Profits and Position Control: A Week of FX Dealing

JOURNAL OF INTERNATIONAL MONEY & FINANCE
Posted: 16 Oct 1997
Richard K. Lyons
University of California, Berkeley

Abstract:

33.

A Simultaneous Trade Model of the Foreign Exchange Hot Potato

JOURNAL OF INTERNATIONAL ECONOMICS
Posted: 22 Aug 1996
Richard K. Lyons
University of California, Berkeley

Abstract: