Kirt C. Butler

Michigan State University

Associate Professor of Finance

315 Eppley Center

East Lansing, MI 48824-1122

United States

SCHOLARLY PAPERS

7

DOWNLOADS
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SSRN RANKINGS

Top 12,422

in Total Papers Downloads

3,071

CITATIONS
Rank 13,186

SSRN RANKINGS

Top 13,186

in Total Papers Citations

29

Scholarly Papers (7)

1.

Are the Gains from International Portfolio Diversification Exaggerated? The Influence of Downside Risk in Bear Markets

EFMA 2002 London Meetings
Number of pages: 26 Posted: 12 May 2000
Kirt C. Butler and Domingo C. Joaquin
Michigan State University and Illinois State University - Department of Finance, Insurance and Law
Downloads 2,338 (3,943)
Citation 28

Abstract:

Bear markets; correlation; downside risk; portfolio diversification; financial markets; normal, RiskMetrics TM , GARCH, Student-t

2.

A Profile of the Return-Suprise Relation

Number of pages: 49 Posted: 10 Nov 2000
Kirt C. Butler
Michigan State University
Downloads 381 (61,182)

Abstract:

Return-earnings, correlation, earnings, earnings surprise, losses

A Fresh Look at Cross-Border Valuation and FX Hedging Decisions

Journal of Applied Finance, No. 2, 2013
Number of pages: 30 Posted: 13 Nov 2012 Last Revised: 08 Sep 2015
Kirt C. Butler, Thomas J. O'Brien and Gwinyai Utete
Michigan State University, University of Connecticut - Department of Finance and Louisiana State University
Downloads 167 (146,152)

Abstract:

International, capital budgeting, foreign exchange rates, investments, valuation, hedging

A Fresh Look at Cross-Border Valuation and FX Hedging Decisions

Journal of Applied Finance (Formerly Financial Practice and Education), Vol. 23, No. 2, 2013
Number of pages: 11 Posted: 06 Nov 2015
Kirt C. Butler, Thomas J. O'Brien and Gwinyai Utete
Michigan State University, University of Connecticut - Department of Finance and Louisiana State University
Downloads 31 (395,718)

Abstract:

A Fresh Look at Cross-Border Valuation and FX Hedging Decisions

Journal of Applied Finance, Spring/Summer 2013, Volume 23, No. 1
Posted: 16 Jul 2013
Kirt C. Butler, Thomas O'Brien and Gwinyai Utete
Michigan State University, Independent and Louisiana State University

Abstract:

Foreign Exchange Rates, International Capital Budgeting, Currency Risk Management, NPV

4.

A Test for Long Memory in the Conditional Correlation of Bivariate Returns to Stock and Bond Market Index Futures

Number of pages: 22 Posted: 04 Aug 2011
Michigan State University, University of Kentucky - Finance and Michigan State University
Downloads 77 (244,873)

Abstract:

Long memory, FIGARCH, DCC, conditional volatility, conditional correlation

5.

Higher-Order Terms in Bivariate Returns to International Stock Market Indices

Multinational Finance Journal, Vol. 12, No. 1/2, p. 127-155, 2008
Number of pages: 29 Posted: 26 Jun 2015
Kirt C. Butler and Katsushi Okada
Michigan State University and Michigan State University
Downloads 4 (516,910)
Citation 1

Abstract:

higher-order; bivariate; international diversification; EGARCH; VARMA

6.

Stock Returns in Thinly Traded Markets

Financial Review, August 1998
Posted: 21 Jul 1998
Kirt C. Butler and Richard M. Osborne
Michigan State University and affiliation not provided to SSRN

Abstract:

7.

International Portfolio Diversification and the Magnitude of the Market Timer's Penalty

J. OF INTERNATIONAL FINANCIAL MANAGEMENT AND ACCOUNTING, Vol. 6 No. 3
Posted: 05 Jul 1998
Kirt C. Butler, Dale L. Domian and Richard Simonds
Michigan State University, York University - School of Administrative Studies and Michigan State University

Abstract:

Other Papers (1)

Total Downloads: 0    Citations: 7
1.

A Note on Political Risk and the Required Return on Foreign Direct Investment

Journal of International Business Studies, Vol. 29, Issue 3, pp. 599-607, 1998
Number of pages: 9 Posted: 18 Apr 2011
Kirt C. Butler and Domingo C. Joaquin
Michigan State University and Illinois State University - Department of Finance, Insurance and Law
Downloads 0
Citation 7

Abstract: