Campbell R. Harvey

Duke University - Fuqua School of Business

Professor of Finance

Box 90120

Durham, NC 27708-0120

United States

http://www.duke.edu/~charvey

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

  • Duke University - Fuqua School of Business

    • Email
    • Tel: 919-660-7768
SCHOLARLY PAPERS

183

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“  My most recent research includes developing techniques to help investors separate luck from skill in fund management and factor selection.  ”

  • Duke University - Fuqua School of Business

    • Email
    • Tel: 919-660-7768

Scholarly Papers (183)

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1.

The Best Strategies for Inflationary Times

Number of pages: 32 Posted: 29 Mar 2021 Last Revised: 25 May 2021
Henry Neville, Teun Draaisma, Ben Funnell, Campbell R. Harvey and Otto Van Hemert
Man Group, Ruffer LLP, CCLA Investment Management, Duke University - Fuqua School of Business and Man AHL
Downloads 50,792 (59)
Citation 21

Abstract:

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Inflation hedge, inflation surprises, inflation shocks, temporary inflation, permanent inflation, inflation betas, portfolio management, asset allocation, risk management, commodities, gold, factor investing, bitcoin, cryptocurrency

2.

A Checklist for Reviewing a Paper

Duke I&E Research Paper No. 2017-03, Stanford University Graduate School of Business Research Paper No. 17-6
Number of pages: 2 Posted: 21 Dec 2016 Last Revised: 10 Sep 2020
Jonathan Berk, Campbell R. Harvey and David Hirshleifer
Stanford Graduate School of Business, Duke University - Fuqua School of Business and University of Southern California - Marshall School of Business - Finance and Business Economics Department
Downloads 47,227 (63)
Citation 1

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Referee Report, Cover Letter, Conflicts of Interest

3.

The Golden Dilemma

Downloads 29,592 ( 169)
Citation 27

The Golden Dilemma

Financial Analysts Journal, vol. 69, no. 4 (July/August 2013) 10-42.
Number of pages: 48 Posted: 06 Jun 2012 Last Revised: 28 Aug 2015
Claude B. Erb and Campbell R. Harvey
TR and Duke University - Fuqua School of Business
Downloads 29,106 (167)
Citation 6

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Gold, gold price, inflation hedge, gold value, gold standard, currency hedge, gold beta, safe haven, tail protect, insurance, hyperinflation, central bank holdings, asset allocation, diversification, emerging markets, Warren Buffett, Ray Dalio, Jeffrey Gundlach

The Golden Dilemma

NBER Working Paper No. w18706
Number of pages: 49 Posted: 18 Jan 2013 Last Revised: 11 Feb 2023
Claude B. Erb and Campbell R. Harvey
TR and Duke University - Fuqua School of Business
Downloads 486 (118,802)
Citation 21

Abstract:

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4.

DeFi and the Future of Finance

Number of pages: 39 Posted: 15 Dec 2020 Last Revised: 06 Feb 2022
Campbell R. Harvey, Ashwin Ramachandran and Joey Santoro
Duke University - Fuqua School of Business, Independent and Fei Protocol
Downloads 24,161 (243)
Citation 57

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Decentralized finance, DeFi; Fintech, Flash loans, Flash swaps, Automatic Market Maker, Cryptocurrency, Uniswap, MakerDAO, Compound, Ethereum, Aave, Yield protocol, ERC-20, Initial DeFi Offering, dYdX, Synthetix, Keeper, Set protocol

5.

…and the Cross-Section of Expected Returns

Number of pages: 101 Posted: 17 Apr 2013 Last Revised: 21 Apr 2015
Campbell R. Harvey, Yan Liu and Caroline Zhu
Duke University - Fuqua School of Business, Purdue University and Seattle Pacific University
Downloads 21,840 (284)
Citation 135

Abstract:

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Risk factors, Multiple tests, Beta, HML, SMB, 3-factor model, Momentum, Volatility, Skewness, Idiosyncratic volatility, Liquidity, Bonferroni, Factor zoo

6.

Disagreement of Disagreement

Number of pages: 80 Posted: 28 Nov 2023 Last Revised: 17 Sep 2024
Christian L. Goulding, Campbell R. Harvey and Hrvoje Kurtović
Auburn University - Harbert College of Business, Duke University - Fuqua School of Business and University of Lausanne - Faculty of Business and Economics (HEC Lausanne)
Downloads 17,047 (465)

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disagreement, difference of opinion, analyst forecast dispersion, idiosyncratic volatility, idiosyncratic skewness, short interest, volume, financial distress, heterogenous agents, beliefs, expectations JEL: G11, G12, M40

7.

The Theory and Practice of Corporate Finance: Evidence from the Field

Number of pages: 48 Posted: 12 Apr 2000
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 16,496 (493)
Citation 614

Abstract:

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Capital Structure, Cost of Capital, Cost of Equity, Capital Budgeting, Discount Rates, Project Valuation, Survey

8.

Preparing a Referee Report: Guidelines and Perspectives

Number of pages: 9 Posted: 11 Jan 2015 Last Revised: 21 Dec 2016
Jonathan Berk, Campbell R. Harvey and David Hirshleifer
Stanford Graduate School of Business, Duke University - Fuqua School of Business and University of Southern California - Marshall School of Business - Finance and Business Economics Department
Downloads 16,167 (510)
Citation 3

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Referee report, Cover letter, Ethics, Conflicts of Interest

9.

Momentum Turning Points

Number of pages: 98 Posted: 05 Dec 2019 Last Revised: 23 May 2023
Christian L. Goulding, Campbell R. Harvey and Michele G. Mazzoleni
Auburn University - Harbert College of Business, Duke University - Fuqua School of Business and The Capital Group Companies
Downloads 14,980 (581)
Citation 5

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time-series momentum, volatility timing, market timing, asset pricing, trend following, turning points, momentum speed, mean reversion, behavioral finance

10.

An Investor’s Guide to Crypto

Number of pages: 29 Posted: 02 Jun 2022 Last Revised: 02 Sep 2022
Campbell R. Harvey, Tarek Abou Zeid, Teun Draaisma, Martin Luk, Henry Neville, Andre Rzym and Otto Van Hemert
Duke University - Fuqua School of Business, Man AHL, Ruffer LLP, Man AHL, Man Group, Man AHL and Man AHL
Downloads 14,945 (584)
Citation 2

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Crypto, currency, bitcoin, ether, gold, custody, NFTs, inflation hedge, stablecoins, DeFi

11.

Dissecting Investment Strategies in the Cross Section and Time Series

Number of pages: 31 Posted: 24 Nov 2015 Last Revised: 07 Dec 2015
Jamil Baz, Nicolas Granger, Campbell R. Harvey, Nicolas Le Roux and Sandy Rattray
Man Group, Man AHL, Duke University - Fuqua School of Business, Pimco Europe and Man Group plc
Downloads 13,950 (661)
Citation 1

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Value, carry, momentum, time-series, cross-section, Sharpe ratio, trading strategies, skew, commodities, FX, foreign exchange, equity, fixed income, interest rates, multiple testing

12.

Evaluating Trading Strategies

Number of pages: 16 Posted: 21 May 2019
Campbell R. Harvey and Yan Liu
Duke University - Fuqua School of Business and Purdue University
Downloads 12,806 (755)
Citation 12

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Sharpe ratio, Multiple tests, Holm, BHY, Bonferroni, Strategy selection, Backtest, Haircut, Haircut Sharpe Ratio, Data Mining, Machine Learning, Higgs Boson, Trading Strategies, Out-of-Sample tests, In-Sample tests, FDR, FWER, Capital IQ, PBO

13.

The Tactical and Strategic Value of Commodity Futures

Downloads 12,369 ( 813)
Citation 25

The Tactical and Strategic Value of Commodity Futures

Number of pages: 61 Posted: 03 Feb 2005
Claude B. Erb and Campbell R. Harvey
TR and Duke University - Fuqua School of Business
Downloads 11,707 (891)
Citation 10

Abstract:

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Strategic asset allocation, Tactical asset allocation, Diversification return, Roll return, Momentum, Market timing, Convenience yield, Contango, Backwardation, Normal backwardation, Commodity correlation, Commodity risk factors, Commodity term structure, Trading strategies, Overlay strategies

The Tactical and Strategic Value of Commodity Futures

NBER Working Paper No. w11222
Number of pages: 46 Posted: 29 Apr 2005 Last Revised: 01 Sep 2022
Claude B. Erb and Campbell R. Harvey
TR and Duke University - Fuqua School of Business
Downloads 662 (80,653)
Citation 15

Abstract:

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14.

A Backtesting Protocol in the Era of Machine Learning

Number of pages: 18 Posted: 13 Nov 2018 Last Revised: 24 Nov 2018
Robert D. Arnott, Campbell R. Harvey and Harry Markowitz
Research Affiliates, LLC, Duke University - Fuqua School of Business and University of California at San Diego
Downloads 11,415 (940)
Citation 16

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Machine Learning, Data Science, Data Mining, Backtesting, Overfitting, Interpretable Classification, Interpretable Policy Design, Trading, Strategies, Anomalies, Selection Bias, Research Protocol

15.

Corporate Culture: Evidence from the Field

Downloads 10,815 ( 1,036)
Citation 11

Corporate Culture: Evidence from the Field

Journal of Financial Economics (JFE), Forthcoming, 27th Annual Conference on Financial Economics and Accounting Paper, Columbia Business School Research Paper No. 16-49, Duke I&E Research Paper No. 2016-33
Number of pages: 133 Posted: 09 Jul 2016 Last Revised: 28 Jul 2022
John R. Graham, Jillian Grennan, Campbell R. Harvey and Shivaram Rajgopal
Duke University, Emory University, Duke University - Fuqua School of Business and Columbia University - Columbia Business School, Accounting, Business Law & Taxation
Downloads 10,519 (1,072)
Citation 10

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Corporate Culture, Values, Norms, Leadership, Corporate Governance, Incentive Compensation, Informal Institutions, Intangible Assets, Valuation, Finance, Risk-taking, Short-termism, Myopia, Innovation, Firm Value, Productivity, M&A valuation, Integrity, Trust, Ethics, Compliance, Earnings Management

Corporate Culture: Evidence from the Field

NBER Working Paper No. w23255
Number of pages: 79 Posted: 20 Mar 2017 Last Revised: 17 Jul 2023
John R. Graham, Campbell R. Harvey, Jillian Grennan and Shivaram Rajgopal
Duke University, Duke University - Fuqua School of Business, Emory University and Columbia University - Columbia Business School, Accounting, Business Law & Taxation
Downloads 296 (208,383)
Citation 1

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16.

Earnings Quality: Evidence from the Field

Downloads 9,936 ( 1,185)
Citation 98

Earnings Quality: Evidence from the Field

Number of pages: 73 Posted: 10 Jul 2012 Last Revised: 21 Feb 2014
Ilia D. Dichev, John R. Graham, Campbell R. Harvey and Shivaram Rajgopal
Emory University - Department of Accounting, Duke University, Duke University - Fuqua School of Business and Columbia University - Columbia Business School, Accounting, Business Law & Taxation
Downloads 9,936 (1,178)
Citation 98

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earnings quality, FASB, CFO, survey, earnings management

Earnings Quality: Evidence from the Field

Journal of Accounting & Economics (JAE), Forthcoming
Posted: 07 Jun 2013 Last Revised: 05 Dec 2013
Ilia D. Dichev, John R. Graham, Campbell R. Harvey and Shivaram Rajgopal
Emory University - Department of Accounting, Duke University, Duke University - Fuqua School of Business and Columbia University - Columbia Business School, Accounting, Business Law & Taxation

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earnings quality, FASB, sustainable earnings, earnings management

17.

The Best of Strategies for the Worst of Times: Can Portfolios be Crisis Proofed?

Number of pages: 26 Posted: 31 May 2019
Campbell R. Harvey, Edward Hoyle, Sandy Rattray, Matthew Sargaison, Dan Taylor and Otto Van Hemert
Duke University - Fuqua School of Business, Man AHL, Man Group plc, Man AHL, Man Numeric and Man AHL
Downloads 9,722 (1,223)
Citation 8

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Crisis hedge, Crisis alpha, Recessions, Flight to quality, Drawdown, Downside risk, Portfolio protection, Portfolio hedging, Insurance, Put options, Option-based hedging, Portfolio insurance, Futures, Trend following, Momentum, Quality, Profitability, Gold, Positive convexity, Safe-haven investments

18.

Reports of Value’s Death May Be Greatly Exaggerated

Number of pages: 38 Posted: 02 Dec 2019 Last Revised: 04 Feb 2021
Robert D. Arnott, Campbell R. Harvey, Vitali Kalesnik and Juhani T. Linnainmaa
Research Affiliates, LLC, Duke University - Fuqua School of Business, Research Affiliates Global Advisors and Dartmouth College - Tuck School of Business
Downloads 9,628 (1,239)
Citation 11

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Value investing, value factor, growth investing, value spread, revaluation, migration, profitability, HML, 3-factor model, iHML, intangibles, book value, intrinsic value, financial accounting, behavioral finance, crowding, data mining, structural change, drawdown

19.

Payout Policy in the 21st Century

Downloads 9,578 ( 1,249)
Citation 101

Payout Policy in the 21st Century

Tuck Contemporary Corporate Finance Issues III Conference Paper
Number of pages: 43 Posted: 03 Aug 2004
Alon Brav, Campbell R. Harvey, John R. Graham and Roni Michaely
Duke University - Fuqua School of Business, Duke University - Fuqua School of Business, Duke University and The University of Hong Kong
Downloads 8,916 (1,404)
Citation 60

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Payout, Dividend policy, Share repurchases, Lintner model

Payout Policy in the 21st Century

NBER Working Paper No. w9657
Number of pages: 59 Posted: 23 May 2003 Last Revised: 21 Nov 2022
Alon Brav, John R. Graham, Campbell R. Harvey and Roni Michaely
Duke University - Fuqua School of Business, Duke University, Duke University - Fuqua School of Business and The University of Hong Kong
Downloads 662 (80,653)
Citation 41

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20.

Alice’s Adventures in Factorland: Three Blunders That Plague Factor Investing

Number of pages: 35 Posted: 17 Feb 2019 Last Revised: 11 Apr 2019
Robert D. Arnott, Campbell R. Harvey, Vitali Kalesnik and Juhani T. Linnainmaa
Research Affiliates, LLC, Duke University - Fuqua School of Business, Research Affiliates Global Advisors and Dartmouth College - Tuck School of Business
Downloads 8,984 (1,393)
Citation 16

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Overfitting, Backtesting, Crowding, Data Mining, Multiple Testing, Downside Risk, Tail Behavior, Non-Normalities, Trading Costs, Bootstrapping, Resampling, Factor Zoo, Factor Investing, Value Investing, Momentum, Size, Accounting Factors, Investment, Low Beta, Accruals, Factor Portfolios, Behavioral

21.

The Economic Implications of Corporate Financial Reporting

Downloads 8,837 ( 1,430)
Citation 293

The Economic Implications of Corporate Financial Reporting

Number of pages: 72 Posted: 25 Jan 2004
John R. Graham, Campbell R. Harvey and Shivaram Rajgopal
Duke University, Duke University - Fuqua School of Business and Columbia University - Columbia Business School, Accounting, Business Law & Taxation
Downloads 8,570 (1,504)
Citation 36

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financial statement, earnings management, earnings benchmark, voluntary disclosure, information risk

The Economic Implications of Corporate Financial Reporting

NBER Working Paper No. w10550
Number of pages: 72 Posted: 22 Jun 2004 Last Revised: 01 May 2022
John R. Graham, Campbell R. Harvey and Shivaram Rajgopal
Duke University, Duke University - Fuqua School of Business and Columbia University - Columbia Business School, Accounting, Business Law & Taxation
Downloads 267 (231,810)
Citation 257

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The Economic Implications of Corporate Financial Reporting

Posted: 14 Sep 2004
John R. Graham, Campbell R. Harvey and Shivaram Rajgopal
Duke University, Duke University - Fuqua School of Business and Columbia University - Columbia Business School, Accounting, Business Law & Taxation

Abstract:

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financial statement, earnings management, earnings benchmark, voluntary disclosure, information risk,

The Economic Implications of Corporate Financial Reporting

Posted: 12 Jan 2005
John R. Graham, Campbell R. Harvey and Shivaram Rajgopal
Duke University, Duke University - Fuqua School of Business and Columbia University - Columbia Business School, Accounting, Business Law & Taxation

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Financial statement, earnings management, earnings benchmark, voluntary disclosure, information risk

22.

Cryptofinance

Number of pages: 141 Posted: 19 May 2014 Last Revised: 16 Jan 2016
Campbell R. Harvey
Duke University - Fuqua School of Business
Downloads 8,727 (1,472)
Citation 37

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Cryptofinance, Bitcoin, Bubbles, Block chain, Blockchain, Cryptography, Mining, Proof of Work, Hash, Deflation, Nonce, SHA-256, Merkle tree, DSA, Private Key, Public Key, Key Pair, Wallet, BTC

23.

Lucky Factors

Number of pages: 99 Posted: 22 Nov 2014 Last Revised: 08 Apr 2021
Campbell R. Harvey and Yan Liu
Duke University - Fuqua School of Business and Purdue University
Downloads 8,594 (1,511)
Citation 120

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Factors, Variable selection, Bootstrap, Data mining, Orthogonalization, Multiple testing, Predictive regressions, Fama-MacBeth, GRS, Performance evaluation, Return prediction

24.

Backtesting

Number of pages: 32 Posted: 27 Oct 2013 Last Revised: 30 Jul 2015
Campbell R. Harvey and Yan Liu
Duke University - Fuqua School of Business and Purdue University
Downloads 8,568 (1,515)
Citation 21

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Sharpe ratio, Multiple tests, Backtest, Haircut, Trading Strategies, Out-of-Sample tests, In-Sample tests

25.

The Impact of Volatility Targeting

Number of pages: 28 Posted: 17 May 2018 Last Revised: 11 Jul 2018
Campbell R. Harvey, Edward Hoyle, Russell Korgaonkar, Sandy Rattray, Matthew Sargaison and Otto Van Hemert
Duke University - Fuqua School of Business, Man AHL, Man AHL, Man Group plc, Man AHL and Man AHL
Downloads 8,269 (1,606)
Citation 20

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volatility, volatility targeting, balanced fund, risk parity, asset allocation, portfolio choice

26.

A Census of the Factor Zoo

Number of pages: 7 Posted: 18 Mar 2019 Last Revised: 16 Oct 2020
Campbell R. Harvey and Yan Liu
Duke University - Fuqua School of Business and Purdue University
Downloads 7,825 (1,762)
Citation 42

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Overfitting, Backtesting, Data Mining, Multiple Testing, Factor Investing, Value Investing, Momentum

27.

Bitcoin Myths and Facts

Number of pages: 10 Posted: 16 Aug 2014 Last Revised: 20 Nov 2017
Campbell R. Harvey
Duke University - Fuqua School of Business
Downloads 7,335 (1,955)
Citation 17

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Cryptofinance, Bitcoin, Bubbles, Block chain, Blockchain, Cryptography, Mining, Wallet, BTC, Satoshi Nakamoto, Mt. Gox, Silk Road

28.

Strategic Rebalancing

Number of pages: 25 Posted: 17 Feb 2019 Last Revised: 20 Dec 2019
Sandy Rattray, Nicolas Granger, Campbell R. Harvey and Otto Van Hemert
Man Group plc, Man AHL, Duke University - Fuqua School of Business and Man AHL
Downloads 7,133 (2,056)
Citation 4

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Asset Allocation, Smart Rebalancing, Market Timing, Active Management, Buy and Hold, Overlays, 60–40 Portfolio, Balanced Portfolio, Stock-Bond Portfolio, Rebalancing, Drawdowns, Downside Loss, Skewness, Trend, Momentum, Derivatives, Futures, Behavioral Finance

29.

Breaking Bad Trends

Number of pages: 28 Posted: 03 Jun 2020 Last Revised: 09 Apr 2024
Christian L. Goulding, Campbell R. Harvey and Michele G. Mazzoleni
Auburn University - Harbert College of Business, Duke University - Fuqua School of Business and The Capital Group Companies
Downloads 7,040 (2,097)
Citation 3

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Time-Series Momentum, Volatility Timing, Market Timing, Asset Pricing, Trend Following, Turning Points, Momentum Speed, Mean Reversion, Behavioral Finance

30.

Rebalancing Risk

Number of pages: 34 Posted: 30 Aug 2014 Last Revised: 04 Oct 2014
Nicolas Granger, Douglas Greenig, Campbell R. Harvey, Sandy Rattray and David Zou
Man AHL, Independent, Duke University - Fuqua School of Business, Man Group plc and Man - AHL
Downloads 6,720 (2,268)
Citation 11

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fixed weights, 60-40, drift weights, constant weights, rebalanced portfolio, rebalancing, negative skewness, negative skew, short straddle, negative gamma, momentum overlay, negative convexity

31.

Global Tactical Asset Allocation

Number of pages: 22 Posted: 09 Sep 2005
Magnus Dahlquist and Campbell R. Harvey
Stockholm School of Economics and Duke University - Fuqua School of Business
Downloads 6,436 (2,449)
Citation 12

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Benchmarks, strategic asset allocation, tactical asset allocation, dynamic trading strategies, return predictability, trading strategies, active management, passive management, business cycle, yield curve, term structure

32.

Emerging Equity Markets in a Globalized World

Downloads 6,258 ( 2,567)
Citation 47

Emerging Equity Markets in a Globalized World

Number of pages: 46 Posted: 26 Oct 2013 Last Revised: 13 Apr 2023
Geert Bekaert, Campbell R. Harvey and Tomas Mondino
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business and Columbia University
Downloads 5,872 (2,821)
Citation 20

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Emerging markets, GDP weights, Market integration, Market segmentation, Illiquidity, Liquidity, Portfolio risk, Portfolio correlation, Market capitalization, Risk characteristics, Cross-sectional volatility, Valuation ratios, Asset class

Emerging Equity Markets in a Globalized World

Netspar Discussion Paper No. 05/2014-024
Number of pages: 46 Posted: 08 Jul 2014 Last Revised: 13 Apr 2023
Geert Bekaert, Campbell R. Harvey and Tomas Mondino
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business and Columbia University
Downloads 386 (156,348)
Citation 27

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Emerging markets, international diversification, value strategies, GDP weighting, equal weighting, value weighting, integration, segmentation, alpha.

33.

Political Risk, Economic Risk and Financial Risk

Fuqua School of Business Working Paper No. 9606
Number of pages: 41 Posted: 08 May 2000 Last Revised: 07 Aug 2020
Claude B. Erb, Campbell R. Harvey and Tadas E. Viskanta
TR, Duke University - Fuqua School of Business and Ritholtz Wealth Management
Downloads 6,248 (2,575)
Citation 42

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Country Risk Assessment, Mean-Reverision of Risk, Country Trading Strategies, Risk Exposure

34.

Gold, the Golden Constant, COVID-19, 'Massive Passives' and Déjà Vu

Number of pages: 18 Posted: 07 Aug 2020 Last Revised: 22 Aug 2021
Claude B. Erb, Campbell R. Harvey and Tadas E. Viskanta
TR, Duke University - Fuqua School of Business and Ritholtz Wealth Management
Downloads 5,628 (3,064)
Citation 2

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Gold, Golden constant, Real gold, ETF holdings, Inflation, Hyperinflation, GLD, Fundamental value, Inflation hedge, COVID-19

35.

How Do Cfos Make Capital Budgeting and Capital Structure Decisions?

Number of pages: 36 Posted: 09 Sep 2005
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 5,004 (3,794)
Citation 55

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Capital structure, Cost of capital, Cost of equity, Capital budgeting, Discount Rates, Project valuation, Survey, Debt policy, Trade-off theory

36.

Managerial Miscalibration

Downloads 4,993 ( 3,807)
Citation 136

Managerial Miscalibration

Quarterly Journal of Economics, Forthcoming
Number of pages: 38 Posted: 16 Jul 2010 Last Revised: 30 Oct 2019
Itzhak Ben-David, John R. Graham and Campbell R. Harvey
Ohio State University (OSU) - Department of Finance, Duke University and Duke University - Fuqua School of Business
Downloads 4,843 (3,953)
Citation 41

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Overprecision, Overconfidence, Behavioral Bias, Behavioral Economics, Investment, Leverage, Expected Returns, Survey Methodology, Capital Structure, Executive Compensation, Risk, Volatility Forecasts, Market Forecasts, Debt Policy, Behavioral Finance, Risk Premium

Managerial Miscalibration

NBER Working Paper No. w16215
Number of pages: 39 Posted: 26 Jul 2010 Last Revised: 23 Apr 2023
Itzhak Ben-David, John R. Graham and Campbell R. Harvey
Ohio State University (OSU) - Department of Finance, Duke University and Duke University - Fuqua School of Business
Downloads 150 (397,353)
Citation 95

Abstract:

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37.

Country Risk Components, the Cost of Capital, and Returns in Emerging Markets

Number of pages: 30 Posted: 18 Nov 2004
Campbell R. Harvey
Duke University - Fuqua School of Business
Downloads 4,613 (4,382)
Citation 32

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Political Risk, Quality of Institutions, Law and Order, Financial Risk, Economic Risk, Country Risk Premium, Market Integration, Market Segmentation, Implied Cost of Capital

38.

How to Write an Effective Referee Report and Improve the Scientific Review Process

Duke I&E Research Paper No. 2016-47
Number of pages: 14 Posted: 26 Nov 2016 Last Revised: 13 Dec 2016
Jonathan Berk, Campbell R. Harvey and David Hirshleifer
Stanford Graduate School of Business, Duke University - Fuqua School of Business and University of Southern California - Marshall School of Business - Finance and Business Economics Department
Downloads 4,485 (4,569)
Citation 10

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Referee report, Cover letter, Ethics, Conflicts of Interest

39.

Portfolio Selection with Higher Moments

Number of pages: 50 Posted: 29 Dec 2004 Last Revised: 16 Mar 2010
Campbell R. Harvey, John Liechty, Merrill W. Liechty and Peter Mueller
Duke University - Fuqua School of Business, Pennsylvania State University, University Park, Drexel University - Department of Decision Sciences and The University of Texas M. D. Anderson Cancer Center
Downloads 4,483 (4,573)
Citation 98

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Bayesian decision problem, multivariate skewness, parameter uncertainty, optimal portfolios, utility function maximization, resampling, resampled portfolios, estimation error, mean-variance portfolios, expected returns, Markowitz optimization

40.

The Real Effects of Financial Constraints: Evidence from a Financial Crisis

Downloads 4,478 ( 4,586)
Citation 278

The Real Effects of Financial Constraints: Evidence from a Financial Crisis

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 38 Posted: 22 Dec 2008 Last Revised: 26 Dec 2009
Murillo Campello, John R. Graham and Campbell R. Harvey
University of Florida - Warrington College of Business Administration, Duke University and Duke University - Fuqua School of Business
Downloads 3,681 (6,218)
Citation 265

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Financial crisis, financing constraints, investment spending, liquidity management, matching estimators

The Real Effects of Financial Constraints: Evidence from a Financial Crisis

AFA 2010 Atlanta Meetings Paper
Number of pages: 51 Posted: 11 Mar 2009
Murillo Campello, John R. Graham and Campbell R. Harvey
University of Florida - Warrington College of Business Administration, Duke University and Duke University - Fuqua School of Business
Downloads 665 (80,182)
Citation 13

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Financial crisis, financing constraints, investment spending, liquidity management, matching estimators

The Real Effects of Financial Constraints: Evidence from a Financial Crisis

NBER Working Paper No. w15552
Number of pages: 38 Posted: 08 Dec 2009 Last Revised: 01 Jul 2023
Murillo Campello, John R. Graham and Campbell R. Harvey
University of Florida - Warrington College of Business Administration, Duke University and Duke University - Fuqua School of Business
Downloads 132 (440,781)

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41.

An Impressionistic View of the 'Real' Price of Gold Around the World

Number of pages: 29 Posted: 19 Sep 2012 Last Revised: 20 Sep 2012
Claude B. Erb and Campbell R. Harvey
TR and Duke University - Fuqua School of Business
Downloads 4,348 (4,803)
Citation 6

Abstract:

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Gold value, Gold fundamentals, Inflation, Real gold, Foreign exchange

42.

Corporate Culture: The Interview Evidence

Duke I&E Research Paper No. 2016-42, Columbia Business School Research Paper No. 16-70
Number of pages: 43 Posted: 24 Sep 2016 Last Revised: 30 Aug 2018
John R. Graham, Jillian Grennan, Campbell R. Harvey and Shivaram Rajgopal
Duke University, Emory University, Duke University - Fuqua School of Business and Columbia University - Columbia Business School, Accounting, Business Law & Taxation
Downloads 4,338 (4,825)
Citation 4

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Corporate culture, Valuation, Finance, Cultural values, Social norms, Leadership, Corporate governance, Incentive compensation, Finance function, Intangible Assets, Risk-taking, Short-termism, Myopia, Innovation, Firm value, Productivity, M&A valuation, Integrity, Trust, Ethics, Compliance, Earnings

43.

Drawdowns

Number of pages: 19 Posted: 24 Apr 2020 Last Revised: 05 May 2020
Otto Van Hemert, Mark Ganz, Campbell R. Harvey, Sandy Rattray, Eva Sanchez Martin and Darrel Yawitch
Man AHL, University of Cambridge - Downing College, Duke University - Fuqua School of Business, Man Group plc, Man AHL and Man Group plc
Downloads 4,189 (5,114)
Citation 4

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Trading strategies, alpha, outperformance, crowding, downside risk, skewness, hitting time, allocation, redemption, Type I error, Type II error, drawdown, Sharpe ratio, structural breaks, Corona crash, COVID-19 crash

44.

Managerial Attitudes and Corporate Actions

Number of pages: 43 Posted: 11 Jul 2009 Last Revised: 28 May 2012
John R. Graham, Campbell R. Harvey and Manju Puri
Duke University, Duke University - Fuqua School of Business and Duke University - Fuqua School of Business
Downloads 3,850 (5,872)
Citation 94

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Managers, attitudes, personality traits, risk aversion, capital structure, debt, acquisitions, corporate policies, behavioral corporate finance

45.

Liquidity and Expected Returns: Lessons from Emerging Markets

Downloads 3,754 ( 6,139)
Citation 119

Liquidity and Expected Returns: Lessons from Emerging Markets

AFA 2004 San Diego Meetings; EFA 2003 Annual Conference Paper No. 690
Number of pages: 56 Posted: 03 Aug 2003
Geert Bekaert, Campbell R. Harvey and Christian T. Lundblad
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business and University of North Carolina Kenan-Flagler Business School
Downloads 3,536 (6,643)
Citation 20

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Liquidity, liquidity risk, asset pricing, emerging markets, market integration, market segmentation, liquidity risk factor, local liquidity, zero returns, bid-ask spread, price impact, liquidity measures

Liquidity and Expected Returns: Lessons from Emerging Markets

NBER Working Paper No. w11413
Number of pages: 53 Posted: 06 Jul 2005 Last Revised: 09 Sep 2022
Geert Bekaert, Campbell R. Harvey and Christian T. Lundblad
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business and University of North Carolina Kenan-Flagler Business School
Downloads 196 (313,340)
Citation 72

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Liquidity and Expected Returns: Lessons from Emerging Markets

CEPR Discussion Paper No. 5946
Number of pages: 59 Posted: 03 Jan 2007
Geert Bekaert, Campbell R. Harvey and Christian T. Lundblad
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business and University of North Carolina Kenan-Flagler Business School
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Citation 27
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Liquidity pricing, emerging markets, return predictability

Liquidity and Expected Returns: Lessons from Emerging Markets

The Review of Financial Studies, Vol. 20, Issue 6, pp. 1783-1831, 2007
Posted: 26 Jun 2008
Geert Bekaert, Campbell R. Harvey and Christian T. Lundblad
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business and University of North Carolina Kenan-Flagler Business School

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G12, G15, F30

46.

The Misrepresentation of Earnings

Financial Analysts Journal, Forthcoming
Number of pages: 23 Posted: 09 Jan 2014 Last Revised: 12 Aug 2015
Ilia D. Dichev, John R. Graham, Campbell R. Harvey and Shivaram Rajgopal
Emory University - Department of Accounting, Duke University, Duke University - Fuqua School of Business and Columbia University - Columbia Business School, Accounting, Business Law & Taxation
Downloads 3,750 (6,152)
Citation 8

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Earnings management, Earnings misrepresentation, Smooth earnings, Accruals, GAAP, Low-balling, Cookie jar reserves, Sustainable earnings, predictable earnings, real earnings management

47.

Managing Risk Management

AFA 2012 Chicago Meetings Paper
Number of pages: 57 Posted: 18 Mar 2011 Last Revised: 20 Dec 2013
Gordon M. Bodnar, Erasmo Giambona, John R. Graham, Campbell R. Harvey and Richard C. Marston
Johns Hopkins University - Paul H. Nitze School of Advanced International Studies (SAIS), Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, Duke University, Duke University - Fuqua School of Business and University of Pennsylvania - Finance Department
Downloads 3,725 (6,229)
Citation 24

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Corporate risk management, Global survey

48.

The Theory and Practice of Corporate Finance: The Data

Number of pages: 17 Posted: 12 May 2003
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 3,699 (6,295)
Citation 9

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49.

The Equity Risk Premium in 2014

Number of pages: 21 Posted: 08 Apr 2014
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 3,586 (6,608)
Citation 3

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Cost of capital, financial crisis, equity premium, long-term market returns, stock return forecasts, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, risk and reward, TIPs, VIX, credit spreads

50.

Emerging Markets Finance

Number of pages: 68 Posted: 22 Jan 2003
Geert Bekaert and Campbell R. Harvey
Columbia University - Columbia Business School, Finance and Duke University - Fuqua School of Business
Downloads 3,471 (6,970)
Citation 73

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Market liberalization, portfolio flows, market reforms, economic growth, risk sharing, contagion, privatization, capital flows, market microstructure, inequality, productivity, volatility of capital flows, performance of emerging market investments

51.

Understanding Cryptocurrencies

Number of pages: 39 Posted: 29 Apr 2019 Last Revised: 22 Sep 2020
Wolfgang Karl Härdle, Campbell R. Harvey and Raphael C. G. Reule
Blockchain Research Center Humboldt-Universität zu Berlin, Duke University - Fuqua School of Business and International Research Training Group 1792
Downloads 3,461 (7,006)
Citation 18

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Cryptocurrency, Blockchain, Bitcoin, Economic Bubble, Microstructure, Exchange-Based Trading, Peer-to-Peer, Finance, Cryptographic Hashing, Consensus, Proof-of-Work, Proof-of-Stake, Volatility, Gold, S&P 500, Bitcoin Futures, Derivatives, Hedging, Cryptocurrency Valuation

52.

The Equity Risk Premium in 2015

Number of pages: 21 Posted: 30 May 2015 Last Revised: 04 Dec 2015
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 3,444 (7,058)
Citation 3

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Cost of capital, financial crisis, equity premium, WACC, hurdle rate, long-term market returns, stock return forecasts, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, TIPs, VIX, credit spreads

53.

Value Destruction and Financial Reporting Decisions

Downloads 3,408 ( 7,169)
Citation 16

Value Destruction and Financial Reporting Decisions

Number of pages: 23 Posted: 20 Dec 2005
John R. Graham, Campbell R. Harvey and Shivaram Rajgopal
Duke University, Duke University - Fuqua School of Business and Columbia University - Columbia Business School, Accounting, Business Law & Taxation
Downloads 3,408 (7,042)
Citation 16

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Earnings management, earnings smoothing, consensus earnings, meeting benchmarks, value destruction, agency problems, real earnings management, unexpected earnings, earnings surprise, net present value

Value Destruction and Financial Reporting Decisions

Financial Analysts Journal, Vol. 62, No. 6, pp. 27-39, November/December 2006
Posted: 20 Jan 2007
John R. Graham, Campbell R. Harvey and Shivaram Rajgopal
Duke University, Duke University - Fuqua School of Business and Columbia University - Columbia Business School, Accounting, Business Law & Taxation

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Financial Statement Analysis, Accounting and Financial Reporting Issues; Equity Investments, Fundamental Analysis and Valuation Models; Corporate Governance

54.

Presidential Address: The Scientific Outlook in Financial Economics

Duke I&E Research Paper No. 2017-05
Number of pages: 38 Posted: 10 Jan 2017 Last Revised: 22 Dec 2017
Campbell R. Harvey
Duke University - Fuqua School of Business
Downloads 3,330 (7,452)
Citation 202

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P-hacking, Multiple testing, Selection, Data mining, Data dredging, Rare incidence, Type I error, Type II error, P-values, Minimum Bayes Factor, MBF, SD-MBF, Bayesian P-values

55.

The Equity Risk Premium in 2018

Number of pages: 21 Posted: 02 Apr 2018
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 3,272 (7,674)
Citation 32

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cost of capital, financial crisis, equity premium, WACC, hurdle rate, long-term market returns, stock return forecasts, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, TIPs, VIX, credit spreads

56.

A Corporate Beauty Contest

Downloads 3,265 ( 7,703)
Citation 22

A Corporate Beauty Contest

Duke I&E Research Paper No. 16-10
Number of pages: 26 Posted: 15 Mar 2010 Last Revised: 29 Mar 2016
John R. Graham, Campbell R. Harvey and Manju Puri
Duke University, Duke University - Fuqua School of Business and Duke University - Fuqua School of Business
Downloads 3,119 (8,116)
Citation 22

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First impressions, thin slicing, CEO selection, competence, likeable, trustworthy, attractive, facial traits, CEO compensation, CEO performance, behavioral economics, behavioral finance

A Corporate Beauty Contest

NBER Working Paper No. w15906
Number of pages: 25 Posted: 19 Apr 2010 Last Revised: 19 Jun 2022
John R. Graham, Campbell R. Harvey and Manju Puri
Duke University, Duke University - Fuqua School of Business and Duke University - Fuqua School of Business
Downloads 146 (406,376)

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57.

The Financial Crisis of 2008: What Needs to Happen after TARP

Number of pages: 10 Posted: 29 Sep 2008 Last Revised: 08 Oct 2008
Campbell R. Harvey
Duke University - Fuqua School of Business
Downloads 3,207 (7,922)
Citation 12

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Financial Crisis, TARP, Bank runs, FDIC, BCF, RTC

58.

Man vs. Machine: Comparing Discretionary and Systematic Hedge Fund Performance

Duke I&E Research Paper No. 2017-01
Number of pages: 20 Posted: 22 May 2019 Last Revised: 24 Jun 2019
Campbell R. Harvey, Sandy Rattray, Andrew Sinclair and Otto Van Hemert
Duke University - Fuqua School of Business, Man Group plc, Realindex Investments and Man AHL
Downloads 3,161 (8,084)
Citation 18

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Hedge Funds, Systematic Trading, Discretionary Trading, Alpha, Market Efficiency, Risk Factors, Asset Allocation, Algorithm Aversion

59.

A Guide to Earnings Quality

Number of pages: 23 Posted: 31 Oct 2013
Ilia D. Dichev, John R. Graham, Campbell R. Harvey and Shivaram Rajgopal
Emory University - Department of Accounting, Duke University, Duke University - Fuqua School of Business and Columbia University - Columbia Business School, Accounting, Business Law & Taxation
Downloads 3,106 (8,311)
Citation 3

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Earnings management, earnings misrepresentation, real earnings management, earnings fraud, earnings overstatement, earnings distortion, earnings quality, one-time items, sustainable earnings, persistent earnings, accruals, real earnings management, earnings red flags, corporate governance

60.

Is Sector-neutrality in Factor Investing a Mistake?

Number of pages: 42 Posted: 10 Nov 2021 Last Revised: 08 Aug 2023
Sina Ehsani, Campbell R. Harvey and Feifei Li
Northern Illinois University - Department of Finance, Duke University - Fuqua School of Business and Research Affiliates, LLC
Downloads 2,893 (9,274)
Citation 1

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Sector neutralization, industry factors, equity factors, sector neutral, sector bet, sector tilt, factor zoo, portfolio management, smart beta

61.

Is There Still a Golden Dilemma?

Number of pages: 22 Posted: 04 May 2024 Last Revised: 07 May 2024
Claude B. Erb and Campbell R. Harvey
TR and Duke University - Fuqua School of Business
Downloads 2,888 (9,297)
Citation 4

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Gold, golden constant, real gold, overshoot, inflation, de-dollarization, ETF flows, hedging, risk management, central banks, emerging markets

62.

Detecting Repeatable Performance

Downloads 2,860 ( 9,433)
Citation 10

Detecting Repeatable Performance

Number of pages: 107 Posted: 19 Nov 2015 Last Revised: 05 Aug 2020
Campbell R. Harvey and Yan Liu
Duke University - Fuqua School of Business and Purdue University
Downloads 2,742 (9,944)
Citation 9

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Performance evaluation, Mutual funds, Hedge funds, EM algorithm, Fixed effects, Random effects, Regularization, Multiple testing, Bayesian, Rethinking Performance Evaluation

Rethinking Performance Evaluation

NBER Working Paper No. w22134
Number of pages: 65 Posted: 04 Apr 2016 Last Revised: 25 Jun 2023
Campbell R. Harvey and Yan Liu
Duke University - Fuqua School of Business and Purdue University
Downloads 118 (481,762)
Citation 1

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63.

The Golden Constant

Duke I&E Research Paper No. 2016-35
Number of pages: 10 Posted: 21 May 2019 Last Revised: 30 May 2019
Claude B. Erb and Campbell R. Harvey
TR and Duke University - Fuqua School of Business
Downloads 2,819 (9,657)
Citation 2

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Gold, golden constant, real gold, overshoot, gold fundamental value, inflation hedge

64.

The Equity Risk Premium in 2012

Number of pages: 22 Posted: 13 Mar 2012
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 2,760 (10,020)
Citation 10

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Cost of capital, financial crisis, equity premium, long-term market returns, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, risk and reward, TIPs, VIX, Credit spreads, Implied cost of capital

65.

An Anatomy of Crypto-Enabled Cybercrimes

Downloads 2,695 (10,432)
Citation 3

An Anatomy of Crypto-Enabled Cybercrimes

Number of pages: 22 Posted: 18 Aug 2022 Last Revised: 23 Jul 2024
Lin William Cong, Campbell R. Harvey, Daniel Rabetti and Zong-Yu Wu
Cornell University - Samuel Curtis Johnson Graduate School of Management, Duke University - Fuqua School of Business, National University of Singapore (NUS) and Fox It
Downloads 2,673 (10,379)
Citation 3

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JEL Classification: G15, G18, G20, K29, K42, O16 blockchain forensics, cybersecurity, ransomware, security breach disclosure

An Anatomy of Crypto-Enabled Cybercrimes

NBER Working Paper No. w30834
Number of pages: 33 Posted: 09 Jan 2023 Last Revised: 14 Apr 2023
Lin William Cong, Campbell R. Harvey, Daniel Rabetti and Zong-Yu Wu
Cornell University - Samuel Curtis Johnson Graduate School of Management, Duke University - Fuqua School of Business, National University of Singapore (NUS) and Fox It
Downloads 22 (1,059,943)

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66.

A View Inside Corporate Risk Management

Duke I&E Research Paper No. 16-6
Number of pages: 34 Posted: 20 May 2014 Last Revised: 16 Nov 2016
Gordon M. Bodnar, Erasmo Giambona, John R. Graham and Campbell R. Harvey
Johns Hopkins University - Paul H. Nitze School of Advanced International Studies (SAIS), Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, Duke University and Duke University - Fuqua School of Business
Downloads 2,636 (10,788)
Citation 25

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Risk Management, Hedging, Managerial Risk Aversion, Behavioral Finance, Manager fixed-effects, Interest rate risk, Credit risk, Commodity risk, Foreign exchange risk

67.

The Equity Risk Premium amid a Global Financial Crisis

Number of pages: 19 Posted: 17 May 2009
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 2,631 (10,815)
Citation 10

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Cost of capital, financial crisis, equity premium, long-term market returns, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, risk and reward, TIPs, VIX, Credit spreads

68.

Strategic Risk Management: Out-of-Sample Evidence from the COVID-19 Equity Selloff

Number of pages: 11 Posted: 03 Aug 2020
Campbell R. Harvey, Edward Hoyle, Sandy Rattray and Otto Van Hemert
Duke University - Fuqua School of Business, Man AHL, Man Group plc and Man AHL
Downloads 2,621 (10,873)
Citation 1

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Systemic risk, COVID-19, Pandemic, Drawdowns, Rebalancing, Tail risk, Hedging, Risk management, Volatility targeting, Trend following, Moving-average crossover

69.

Expected Returns and Volatility in 135 Countries

Number of pages: 28 Posted: 23 Dec 2005 Last Revised: 07 Aug 2020
Claude B. Erb, Campbell R. Harvey and Tadas E. Viskanta
TR, Duke University - Fuqua School of Business and Ritholtz Wealth Management
Downloads 2,499 (11,737)
Citation 12

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International cost of capital, country hurdle rates, forecasting volatility, forecasting correlation, country rate of return, country risk, political risk, credit ratings, risk ratings, hitting time

70.

Be Skeptical of Asset Management Research

Number of pages: 6 Posted: 03 Sep 2021
Campbell R. Harvey
Duke University - Fuqua School of Business
Downloads 2,492 (11,783)
Citation 2

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Backtesting, overfitting, p-hacking, research misconduct, research culture, performance fees, trading strategies, alpha

71.

What Segments Equity Markets?

Downloads 2,489 (11,805)
Citation 33

What Segments Equity Markets?

Netspar Discussion Paper No. 02/2011-031, AFA 2009 San Francisco Meetings Paper, National Bank of Poland Working Paper No. 76
Number of pages: 61 Posted: 27 Mar 2008 Last Revised: 19 Sep 2012
Geert Bekaert, Campbell R. Harvey, Christian T. Lundblad and Stephan Siegel
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business, University of North Carolina Kenan-Flagler Business School and University of Washington - Michael G. Foster School of Business
Downloads 2,343 (12,749)
Citation 2

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What Segments Equity Markets?

NBER Working Paper No. w14802
Number of pages: 53 Posted: 24 Mar 2009 Last Revised: 12 Dec 2022
Geert Bekaert, Campbell R. Harvey, Christian T. Lundblad and Stephan Siegel
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business, University of North Carolina Kenan-Flagler Business School and University of Washington - Michael G. Foster School of Business
Downloads 140 (420,353)

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What Segments Equity Markets?

CEPR Discussion Paper No. DP8142
Number of pages: 60 Posted: 27 Dec 2010
Geert Bekaert, Campbell R. Harvey, Christian T. Lundblad and Stephan Siegel
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business, University of North Carolina Kenan-Flagler Business School and University of Washington - Michael G. Foster School of Business
Downloads 6 (1,268,927)
Citation 31
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capital controls, earnings yield, financial development, financial openness, globalization, market integration, political risk, quality of institutions, valuation differentials

72.

Decoding Systematic Relative Investing: A Pairs Approach

Number of pages: 32 Posted: 02 Oct 2020 Last Revised: 11 Dec 2020
Christian L. Goulding, Campbell R. Harvey and Alex J. Pickard
Auburn University - Harbert College of Business, Duke University - Fuqua School of Business and Research Affiliates, LLC
Downloads 2,440 (12,173)

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cross-sectional strategies, trading strategies, long-short strategies, relative value, momentum, portfolio construction, alpha, outperformance, anomalies, market timing, asset pricing, zero-cost portfolios, pair trades

73.

Reflections on Editing the Journal of Finance, 2006-2012

Number of pages: 11 Posted: 20 Dec 2012 Last Revised: 11 Jul 2015
Campbell R. Harvey
Duke University - Fuqua School of Business
Downloads 2,395 (12,565)
Citation 4

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Journal of Finance, Editor advice, Author advice, Referee guidelines

74.

Liquidity Management and Corporate Investment During a Financial Crisis

Downloads 2,372 (12,747)
Citation 109

Liquidity Management and Corporate Investment During a Financial Crisis

Number of pages: 48 Posted: 07 Aug 2009 Last Revised: 21 Nov 2010
Murillo Campello, Erasmo Giambona, John R. Graham and Campbell R. Harvey
University of Florida - Warrington College of Business Administration, Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, Duke University and Duke University - Fuqua School of Business
Downloads 2,214 (13,975)
Citation 39

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Financial crisis, liquidity management, investment spending, credit lines, drawdown activity, cash savings

Liquidity Management and Corporate Investment During a Financial Crisis

NBER Working Paper No. w16309
Number of pages: 45 Posted: 30 Aug 2010 Last Revised: 26 Jul 2023
Murillo Campello, Erasmo Giambona, John R. Graham and Campbell R. Harvey
University of Florida - Warrington College of Business Administration, Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, Duke University and Duke University - Fuqua School of Business
Downloads 158 (380,039)
Citation 70

Abstract:

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75.

Payout Policy in the 21th Century: The Data

Johnson School Research Paper Series No. 29-06
Number of pages: 50 Posted: 21 Nov 2005
Alon Brav, Campbell R. Harvey, John R. Graham and Roni Michaely
Duke University - Fuqua School of Business, Duke University - Fuqua School of Business, Duke University and The University of Hong Kong
Downloads 2,356 (12,881)

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Payout, Dividend policy, Share repurchases, Survey, Survey data

76.

The Equity Risk Premium in 2013

Number of pages: 22 Posted: 25 Jan 2013 Last Revised: 13 Jun 2013
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 2,337 (13,062)
Citation 12

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Cost of capital, financial crisis, equity premium, long-term market returns, stock return forecasts, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, risk and reward, TIPs, VIX, credit spreads

77.

Expectations of Equity Risk Premia, Volatility and Asymmetry from a Corporate Finance Perspective

Downloads 2,266 (13,745)
Citation 7

Expectations of Equity Risk Premia, Volatility and Asymmetry from a Corporate Finance Perspective

Number of pages: 38 Posted: 08 Dec 2001
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 2,109 (15,115)
Citation 7

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Risk premium, cost of capital, asymmetric volatility, skewness, leverage effect, expectations, risk to reward, momentum, September 11 crisis

Expectations of Equity Risk Premia, Volatility and Asymmetry from a Corporate Finance Perspective

NBER Working Paper No. w8678
Number of pages: 40 Posted: 20 Dec 2001 Last Revised: 20 Mar 2022
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 157 (382,141)

Abstract:

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78.

How Blockchain Will Change Marketing As We Know It

Number of pages: 6 Posted: 12 Oct 2018
Campbell R. Harvey, Christine Moorman and Marc Toledo
Duke University - Fuqua School of Business, Duke University - Fuqua School of Business and Imperial College London - Business School
Downloads 2,220 (14,180)
Citation 7

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Martech, Fintech, Blockchain, Distributed Ledger, Social Media, Microtransactions, Machine-to-Machine Payments, Advertising, Incentives, Tailored Pricing

79.

The Equity Risk Premium in January 2007: Evidence from the Global Cfo Outlook Survey

Number of pages: 20 Posted: 28 Jan 2007
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 2,207 (14,312)
Citation 9

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Cost of capital, equity premium, long-term market returns, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, risk and reward, TIPs, VIX

80.

False (and Missed) Discoveries in Financial Economics

Number of pages: 61 Posted: 21 Nov 2017 Last Revised: 08 Jun 2020
Campbell R. Harvey and Yan Liu
Duke University - Fuqua School of Business and Purdue University
Downloads 2,197 (14,417)
Citation 44

Abstract:

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Type I, Type II, Multiple testing, False discoveries, Odds ratio, Power, Mutual funds, Smart beta, Anomalies, Bayesian, Factors, Backtesting, Factor Zoo

81.

Quantifying Long-Term Market Impact

Number of pages: 23 Posted: 01 Jul 2021 Last Revised: 21 Sep 2021
Campbell R. Harvey, Anthony Ledford, Emidio Sciulli, Philipp Ustinov and Stefan Zohren
Duke University - Fuqua School of Business, Man AHL, Man AHL, Man Group plc and University of Oxford - Oxford-Man Institute of Quantitative Finance
Downloads 2,143 (15,022)
Citation 4

Abstract:

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Impact costs, slippage, square-root law, implementation shortfall, metaorders, child orders, changepoints, systematic strategies, alpha, trading strategies, optimal execution, stitching, propagator

82.

Multiple Testing in Economics

Number of pages: 21 Posted: 23 Nov 2013
Campbell R. Harvey and Yan Liu
Duke University - Fuqua School of Business and Purdue University
Downloads 2,034 (16,272)
Citation 12

Abstract:

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Multiple tests, Correlation, Incomplete data, Meta-analysis, Data mining, False discoveries, Type I error, Type II error

83.

Conquering Misperceptions about Commodity Futures Investing

Financial Analysts Journal, Forthcoming
Number of pages: 16 Posted: 21 Aug 2015 Last Revised: 23 May 2016
Claude B. Erb and Campbell R. Harvey
TR and Duke University - Fuqua School of Business
Downloads 1,920 (17,913)
Citation 4

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Commodity futures, price return, roll return, real return, inflation, backwardation, contango, asset class, inflation hedge, market timing, trading strategies

84.

The Equity Risk Premium in 2010

Number of pages: 21 Posted: 06 Aug 2010 Last Revised: 10 Aug 2010
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 1,887 (18,420)
Citation 14

Abstract:

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Cost of capital, financial crisis, equity premium, long-term market returns, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, risk and reward, TIPs, VIX, Credit spreads

85.

The Long-Run Equity Risk Premium

Number of pages: 13 Posted: 09 Sep 2005
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 1,856 (18,899)
Citation 14

Abstract:

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Cost of capital, equity premium, long-term market returns, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, risk and reward

86.

The Effect of Capital Structure When Expected Agency Costs are Extreme

Downloads 1,844 (19,093)
Citation 39

The Effect of Capital Structure When Expected Agency Costs are Extreme

Number of pages: 40 Posted: 15 Aug 2001
Karl V. Lins, Campbell R. Harvey and Andrew H. Roper
University of Utah - Department of Finance, Duke University - Fuqua School of Business and Compass Lexecon
Downloads 1,696 (21,321)
Citation 15

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capital structure, debt, agency problems, emerging markets, governance

The Effect of Capital Structure When Expected Agency Costs are Extreme

NBER Working Paper No. w8452
Number of pages: 45 Posted: 03 Sep 2001 Last Revised: 07 Aug 2022
Campbell R. Harvey, Karl V. Lins and Andrew H. Roper
Duke University - Fuqua School of Business, University of Utah - Department of Finance and Compass Lexecon
Downloads 148 (401,870)
Citation 24

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87.

Dynamic Trading Strategies and Portfolio Choice

Downloads 1,834 (19,258)

Dynamic Trading Strategies and Portfolio Choice

Number of pages: 27 Posted: 24 Sep 2004
Ravi Bansal, Campbell R. Harvey and Magnus Dahlquist
Duke University and NBER, Duke University - Fuqua School of Business and Stockholm School of Economics
Downloads 1,573 (23,913)

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Dynamic strategies, mean-variance optimization, multiperiod choice, efficient frontier, buy-and-hold investment

Dynamic Trading Strategies and Portfolio Choice

NBER Working Paper No. w10820
Number of pages: 28 Posted: 19 Oct 2004 Last Revised: 27 Jul 2022
Ravi Bansal, Campbell R. Harvey and Magnus Dahlquist
Duke University and NBER, Duke University - Fuqua School of Business and Stockholm School of Economics
Downloads 261 (237,185)

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88.

The Best Strategies for FX Hedging

Number of pages: 48 Posted: 12 Dec 2024 Last Revised: 03 Jan 2025
Pedro Castro, Carl Hamill, John Harber, Campbell R. Harvey and Otto Van Hemert
Man Group plc, Man AHL, Man AHL, Duke University - Fuqua School of Business and Man AHL
Downloads 1,825 (19,517)

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FX, Hedging, Carry, Value, Momentum, Trend, Purchasing Power Parity, Active Investing, Dynamic Hedging

89.

The Equity Risk Premium in 2016

Number of pages: 20 Posted: 04 Aug 2016
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 1,820 (19,477)
Citation 2

Abstract:

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Cost of capital, financial crisis, equity premium, WACC, hurdle rate, long-term market returns, stock return forecasts, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, TIPs, VIX, credit spreads

90.

Two Course Abstracts: Tactical Global Asset Allocation and Stock Selection Emerging Markets Finance

Number of pages: 1 Posted: 26 Apr 2000
Campbell R. Harvey
Duke University - Fuqua School of Business
Downloads 1,794 (19,883)

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91.

Capital Allocation and Delegation of Decision-Making Authority within Firms

Downloads 1,792 (19,930)
Citation 43

Capital Allocation and Delegation of Decision-Making Authority within Firms

Number of pages: 52 Posted: 17 Mar 2010 Last Revised: 03 Oct 2014
John R. Graham, Campbell R. Harvey and Manju Puri
Duke University, Duke University - Fuqua School of Business and Duke University - Fuqua School of Business
Downloads 1,671 (21,800)
Citation 43

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Delegation, CEOs, executives, capital structure, mergers and acquisitions, payout, corporate investment, capital allocation

Capital Allocation and Delegation of Decision-Making Authority within Firms

NBER Working Paper No. w17370
Number of pages: 53 Posted: 30 Aug 2011 Last Revised: 19 Jun 2022
John R. Graham, Campbell R. Harvey and Manju Puri
Duke University, Duke University - Fuqua School of Business and Duke University - Fuqua School of Business
Downloads 121 (472,357)

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92.

The Pitfalls of Asset Management Research

Number of pages: 13 Posted: 05 May 2022 Last Revised: 15 Jun 2022
Campbell R. Harvey
Duke University - Fuqua School of Business
Downloads 1,738 (20,924)

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Backtesting, overfitting, p-hacking, research misconduct, research culture, performance fees, trading strategies, alpha

93.

Investor Competence, Trading Frequency, and Home Bias

Downloads 1,706 (21,528)
Citation 40

Investor Competence, Trading Frequency, and Home Bias

AFA 2006 Boston Meetings Paper
Number of pages: 33 Posted: 18 Nov 2004
John R. Graham, Campbell R. Harvey and Hai Huang
Duke University, Duke University - Fuqua School of Business and Duke University - Finance
Downloads 1,460 (26,738)
Citation 11

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Behavioral Finance, Investment, Competence, Ambiguity, Stock Trading Frequency, Home Bias

Investor Competence, Trading Frequency, and Home Bias

NBER Working Paper No. w11426
Number of pages: 41 Posted: 07 Jul 2005 Last Revised: 22 Sep 2022
John R. Graham, Campbell R. Harvey and Hai Huang
Duke University, Duke University - Fuqua School of Business and Duke University - Finance
Downloads 246 (251,859)
Citation 29

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94.

Does Financial Liberalization Spur Growth?

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Citation 159

Does Financial Liberalization Spur Growth?

Number of pages: 52 Posted: 19 Apr 2001
Geert Bekaert, Campbell R. Harvey and Christian T. Lundblad
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business and University of North Carolina Kenan-Flagler Business School
Downloads 1,477 (26,267)
Citation 27

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Equity Market Liberalization, Capital Account Openness, Quality of Institutions, GDP Growth, Shareholder Protection, Growth Opportunities, Legal Systems, Political Risk

Does Financial Liberalization Spur Growth?

NBER Working Paper No. w8245
Number of pages: 66 Posted: 20 Apr 2001 Last Revised: 14 Jul 2022
Geert Bekaert, Campbell R. Harvey and Christian T. Lundblad
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business and University of North Carolina Kenan-Flagler Business School
Downloads 193 (317,873)
Citation 132

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95.

The Scientific Outlook in Financial Economics: Transcript of the Presidential Address and Presentation Slides

Duke I&E Research Paper No. 2017-06
Number of pages: 16 Posted: 10 Jan 2017
Campbell R. Harvey
Duke University - Fuqua School of Business
Downloads 1,583 (24,091)
Citation 2

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P-hacking, Multiple testing, Selection, Data mining, Data dredging, Rare incidence, Type I error, Type II error, P-values, Minimum Bayes Factor, MBF, SD-MBF, Bayesian P-values

96.

The Theory and Practice of Corporate Risk Management: Evidence from the Field

Number of pages: 56 Posted: 22 Mar 2018 Last Revised: 03 Aug 2018
Erasmo Giambona, John R. Graham, Campbell R. Harvey and Gordon M. Bodnar
Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, Duke University, Duke University - Fuqua School of Business and Johns Hopkins University - Paul H. Nitze School of Advanced International Studies (SAIS)
Downloads 1,532 (25,355)
Citation 10

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Corporate risk management, Expected cash flows, Risk aversion, Agency theory, Credit rationing, Information uncertainty, Financial distress, Dodd-Frank, Regulations, Operational/financial hedging methods

97.

Predictable Risk and Returns in Emerging Markets

Downloads 1,505 (26,001)
Citation 55

Predictable Risk and Returns in Emerging Markets

Number of pages: 51 Posted: 12 Sep 2005
Campbell R. Harvey
Duke University - Fuqua School of Business
Downloads 1,361 (29,674)
Citation 12

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Emerging markets, cost of capital, performance evaluation, non-normality, market integration, market segmentation, capital market reforms, market liberalization, financial openness, predictable returns

Predictable Risk and Returns in Emerging Markets

NBER Working Paper No. w4621
Number of pages: 57 Posted: 17 Jul 2000 Last Revised: 19 Aug 2022
Campbell R. Harvey
Duke University - Fuqua School of Business
Downloads 144 (411,005)
Citation 43

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Predictable Risk and Returns in Emerging Markets

THE REVIEW OF FINANCIAL STUDIES, Vol. 8 No. 3
Posted: 22 Aug 1998
Campbell R. Harvey
Duke University - Fuqua School of Business

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98.

The European Union, the Euro, and Equity Market Integration

Downloads 1,406 (28,791)
Citation 35

The European Union, the Euro, and Equity Market Integration

AFA 2012 Chicago Meetings Paper
Number of pages: 48 Posted: 21 Mar 2010 Last Revised: 13 Oct 2012
Geert Bekaert, Campbell R. Harvey, Christian T. Lundblad and Stephan Siegel
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business, University of North Carolina Kenan-Flagler Business School and University of Washington - Michael G. Foster School of Business
Downloads 1,280 (32,469)
Citation 25

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Market Integration, Europe, European Union, Euro, Eurozone crisis, Euro crisis, Common currency, Europe crisis

The European Union, the Euro, and Equity Market Integration

NBER Working Paper No. w16583
Number of pages: 50 Posted: 06 Dec 2010 Last Revised: 24 Apr 2023
Geert Bekaert, Campbell R. Harvey, Christian T. Lundblad and Stephan Siegel
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business, University of North Carolina Kenan-Flagler Business School and University of Washington - Michael G. Foster School of Business
Downloads 126 (457,462)
Citation 10

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99.

Market Integration and Contagion

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Citation 53

Market Integration and Contagion

Number of pages: 39 Posted: 22 Mar 2002
Geert Bekaert, Campbell R. Harvey and Angela Ng
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business and Hong Kong University of Science & Technology (HKUST) - Department of Finance
Downloads 1,239 (34,091)
Citation 8

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Market Integration and Contagion

NBER Working Paper No. w9510
Number of pages: 35 Posted: 26 Feb 2003 Last Revised: 28 Dec 2022
Geert Bekaert, Campbell R. Harvey and Angela Ng
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business and Hong Kong University of Science & Technology (HKUST) - Department of Finance
Downloads 125 (460,431)
Citation 45

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100.

Modeling Analysts’ Recommendations via Bayesian Machine Learning

Number of pages: 30 Posted: 13 Nov 2018 Last Revised: 04 Oct 2019
David Bew, Campbell R. Harvey, Anthony Ledford, Sam Radnor and Andrew Sinclair
Man AHL, Duke University - Fuqua School of Business, Man AHL, quantPORT and Realindex Investments
Downloads 1,358 (30,292)

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Variational Bayes, VB, IBCC, Machine Learning, Data Science, Analysts’ Forecasts, IBES, Analysts’ Recommendations, Forecast Fatigue, Forecast Combination, Dirichlet Distributed Prior, Galaxy Zoo

101.

Conditioning Variables and the Cross-Section of Stock Returns

Downloads 1,354 (30,434)
Citation 52

Conditioning Variables and the Cross-Section of Stock Returns

Fuqua School of Business Working Paper No. 9902
Number of pages: 56 Posted: 20 Apr 1999
Wayne E. Ferson and Campbell R. Harvey
University of Southern California and Duke University - Fuqua School of Business
Downloads 1,241 (33,969)
Citation 45

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Conditioning Variables and the Cross-Section of Stock Returns

NBER Working Paper No. w7009
Number of pages: 60 Posted: 28 Jun 2000 Last Revised: 28 Aug 2022
Wayne E. Ferson and Campbell R. Harvey
University of Southern California and Duke University - Fuqua School of Business
Downloads 113 (498,196)
Citation 7

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102.

Emerging Equity Market Volatility

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Citation 47

Emerging Equity Market Volatility

Number of pages: 78 Posted: 09 Sep 2005
Geert Bekaert and Campbell R. Harvey
Columbia University - Columbia Business School, Finance and Duke University - Fuqua School of Business
Downloads 1,140 (38,408)
Citation 47

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Emerging markets, volatility, capital market reforms, asymmetric volatility, country risk, market liberalization, financial openness, market integration, market segmentation

Emerging Equity Market Volatility

NBER Working Paper No. w5307
Number of pages: 79 Posted: 26 Aug 2000 Last Revised: 02 Jan 2022
Geert Bekaert and Campbell R. Harvey
Columbia University - Columbia Business School, Finance and Duke University - Fuqua School of Business
Downloads 212 (290,970)

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103.

Research in Emerging Markets Finance: Looking to the Future

Number of pages: 27 Posted: 09 Sep 2005
Geert Bekaert and Campbell R. Harvey
Columbia University - Columbia Business School, Finance and Duke University - Fuqua School of Business
Downloads 1,348 (30,643)
Citation 55

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Emerging markets, International Cost of Capital, Financial openness, dating integration, market segmentation, market integration, capital flows, contagion, market correlations, emerging market volatility, emerging return skewness, emerging return kurtosis

104.

Cross-Sectional Alpha Dispersion and Performance Evaluation

Mays Business School Research Paper No. 3143806
Number of pages: 70 Posted: 24 Mar 2018 Last Revised: 14 Jan 2019
Campbell R. Harvey and Yan Liu
Duke University - Fuqua School of Business and Purdue University
Downloads 1,273 (33,279)
Citation 22

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Alpha, Investor behavior, Hedge funds, Mutual funds, Performance evaluation, Portfolio management, Risk, Type I errors, Type II errors, Bayesian decision-making, Appraisal ratio, Flow-performance sensitivity, Idiosyncratic risk

105.

Financial Openness and Productivity

Downloads 1,260 (33,799)
Citation 25

Financial Openness and Productivity

AFA 2010 Atlanta Meetings Paper
Number of pages: 32 Posted: 13 Mar 2009 Last Revised: 19 Sep 2012
Geert Bekaert, Campbell R. Harvey and Christian T. Lundblad
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business and University of North Carolina Kenan-Flagler Business School
Downloads 946 (50,080)
Citation 9

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financial openness, growth, liberalization, productivity

Financial Openness and Productivity

World Development, Vol. 39, No. 1, pp. 1-19, May 2010
Number of pages: 32 Posted: 21 Oct 2011 Last Revised: 04 Jul 2013
Geert Bekaert, Campbell R. Harvey and Christian T. Lundblad
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business and University of North Carolina Kenan-Flagler Business School
Downloads 173 (351,242)
Citation 6

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Financial Openness and Productivity

NBER Working Paper No. w14843
Number of pages: 41 Posted: 07 Apr 2009 Last Revised: 24 Jul 2022
Geert Bekaert, Campbell R. Harvey and Christian T. Lundblad
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business and University of North Carolina Kenan-Flagler Business School
Downloads 141 (417,970)
Citation 10

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106.

Political Risk Spreads

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Citation 12

Political Risk Spreads

Columbia Business School Research Paper No. 13-91
Number of pages: 51 Posted: 30 Nov 2013 Last Revised: 06 Aug 2014
Geert Bekaert, Campbell R. Harvey, Christian T. Lundblad and Stephan Siegel
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business, University of North Carolina Kenan-Flagler Business School and University of Washington - Michael G. Foster School of Business
Downloads 1,159 (37,489)
Citation 3

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Political risk, Country risk, Sovereign spreads, Political risk news, Risk realizations, OPIC, Foreign Direct Investment, FDI, Cost of Capital, Political turmoil, Expropriation risk, ICRG, Coplin-O'Leary

Political Risk Spreads

NBER Working Paper No. w19786
Number of pages: 52 Posted: 04 Jan 2014 Last Revised: 26 Jul 2023
Geert Bekaert, Campbell R. Harvey, Christian T. Lundblad and Stephan Siegel
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business, University of North Carolina Kenan-Flagler Business School and University of Washington - Michael G. Foster School of Business
Downloads 97 (556,918)
Citation 9

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107.

The Equity Risk Premium in 2008: Evidence from the Global CFO Outlook Survey

Number of pages: 20 Posted: 19 Jul 2008 Last Revised: 25 Jul 2008
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 1,249 (34,222)
Citation 8

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cost of capital, equity premium, long-term market returns, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, risk and reward, TIPs, VIX

108.

The Asian Bet

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Citation 20

The Asian Bet

Number of pages: 102 Posted: 23 Sep 1999
Andrew H. Roper and Campbell R. Harvey
Compass Lexecon and Duke University - Fuqua School of Business
Downloads 839 (59,090)
Citation 5

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The Asian Bet

The World Bank and Brookings Institute
Number of pages: 68 Posted: 23 Sep 1999
Andrew H. Roper and Campbell R. Harvey
Compass Lexecon and Duke University - Fuqua School of Business
Downloads 410 (145,688)
Citation 15

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109.

Luck versus Skill in the Cross-Section of Mutual Fund Returns: Reexamining the Evidence

Number of pages: 95 Posted: 02 Jul 2020 Last Revised: 18 Oct 2021
Campbell R. Harvey and Yan Liu
Duke University - Fuqua School of Business and Purdue University
Downloads 1,233 (34,851)
Citation 2

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Performance evaluation, alpha, active management, bootstrapping, market efficiency, fund management, oversampling, undersampling, Type I errors, Type II errors

110.

The Real Term Structure and Consumption Growth

Number of pages: 32 Posted: 08 Oct 2005
Campbell R. Harvey
Duke University - Fuqua School of Business
Downloads 1,216 (35,521)
Citation 112

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Term structure, yield curve, forecasting economic growth, predicting consumption growth

111.

Growth Volatility and Financial Liberalization

Downloads 1,214 (35,603)
Citation 15

Growth Volatility and Financial Liberalization

EFA 2002 Berlin, Forthcoming
Number of pages: 54 Posted: 12 Mar 2002
Geert Bekaert, Campbell R. Harvey and Christian T. Lundblad
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business and University of North Carolina Kenan-Flagler Business School
Downloads 1,062 (42,650)
Citation 2

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Economic volatility, risk sharing, financial openness, equity market liberalization, capital account openness, GDP volatility, consumption volatility

Growth Volatility and Financial Liberalization

NBER Working Paper No. w10560
Number of pages: 53 Posted: 04 Jul 2004 Last Revised: 10 Nov 2022
Geert Bekaert, Campbell R. Harvey and Christian T. Lundblad
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business and University of North Carolina Kenan-Flagler Business School
Downloads 152 (392,989)
Citation 13

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112.

Global Growth Opportunities and Market Integration

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Citation 14

Global Growth Opportunities and Market Integration

EFA 2004 Maastricht Meetings Paper No. 1697
Number of pages: 56 Posted: 01 Jul 2004
Geert Bekaert, Campbell R. Harvey, Christian T. Lundblad and Stephan Siegel
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business, University of North Carolina Kenan-Flagler Business School and University of Washington - Michael G. Foster School of Business
Downloads 1,086 (41,275)
Citation 3

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Growth Opportunities, Market Integration, Finance and Growth, Capital Allocation, Capital Account Openness, Financial Liberalization

Global Growth Opportunities and Market Integration

NBER Working Paper No. w10990
Number of pages: 47 Posted: 18 Jan 2005 Last Revised: 14 Jul 2022
Geert Bekaert, Campbell R. Harvey, Christian T. Lundblad and Stephan Siegel
Columbia University - Columbia Business School, Finance, Duke University - Fuqua School of Business, University of North Carolina Kenan-Flagler Business School and University of Washington - Michael G. Foster School of Business
Downloads 124 (463,302)
Citation 11