Maurice D. Levi

University of British Columbia (UBC) - Sauder School of Business

Bank of Montreal Professor of International Financ

2053 Main Mall

Henry Angus 865

Vancouver BC V6T 1Z2

Canada

SCHOLARLY PAPERS

23

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10,489

CITATIONS
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Top 2,962

in Total Papers Citations

187

Scholarly Papers (23)

Winter Blues: A Sad Stock Market Cycle

Federal Reserve Bank of Atlanta Working Paper No. 2002-13a, Sauder School of Business Working Paper
Number of pages: 37 Posted: 07 Mar 2000
Mark J. Kamstra, Lisa A. Kramer and Maurice D. Levi
York University - Schulich School of Business, University of Toronto - Rotman School of Management and University of British Columbia (UBC) - Sauder School of Business
Downloads 2,815 (3,839)
Citation 80

Abstract:

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Stock returns, seasonality, behavioral finance, seasonal affective disorder, SAD, depression

Winter Blues: A Sad Stock Market Cycle

American Economic Review, March 2003
Posted: 12 Dec 2002
Mark J. Kamstra, Lisa A. Kramer and Maurice D. Levi
York University - Schulich School of Business, University of Toronto - Rotman School of Management and University of British Columbia (UBC) - Sauder School of Business

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stock returns, seasonality, behavioral finance, seasonal affective disorder, SAD, depression

2.
Downloads 1,433 ( 12,042)
Citation 10

Seasonal Variation in Treasury Returns

Rotman School of Management Working Paper No. 1076644
Number of pages: 51 Posted: 20 Dec 2007 Last Revised: 29 Jan 2014
Mark J. Kamstra, Lisa A. Kramer and Maurice D. Levi
York University - Schulich School of Business, University of Toronto - Rotman School of Management and University of British Columbia (UBC) - Sauder School of Business
Downloads 1,433 (11,796)
Citation 10

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Treasury bond returns, Treasury note returns, market seasonality, time-varying risk aversion, SAD

Seasonal Variation in Treasury Returns

Critical Finance Review, 4(1), 45-115, 2015, Rotman School of Management Working Paper No. 2620912
Posted: 21 Jun 2015
Mark J. Kamstra, Lisa A. Kramer and Maurice D. Levi
York University - Schulich School of Business, University of Toronto - Rotman School of Management and University of British Columbia (UBC) - Sauder School of Business

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Treasury bond returns, Treasury note returns, Market seasonality, Time-varying risk aversion

3.
Downloads 1,207 ( 15,794)
Citation 44

Losing Sleep at the Market: The Daylight-Savings Anomaly

Sauder School of Business Working Paper
Number of pages: 20 Posted: 29 Feb 2000
Mark J. Kamstra, Lisa A. Kramer and Maurice D. Levi
York University - Schulich School of Business, University of Toronto - Rotman School of Management and University of British Columbia (UBC) - Sauder School of Business
Downloads 1,207 (15,477)
Citation 44

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Losing Sleep at the Market: The Daylight-Savings Anomaly

American Economic Review, September 2000
Posted: 29 Feb 2000
Mark J. Kamstra, Lisa A. Kramer and Maurice D. Levi
York University - Schulich School of Business, University of Toronto - Rotman School of Management and University of British Columbia (UBC) - Sauder School of Business

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4.

Seasonal Asset Allocation: Evidence from Mutual Fund Flows

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 127 Posted: 17 Nov 2011 Last Revised: 04 Sep 2015
York University - Schulich School of Business, University of Toronto - Rotman School of Management, University of British Columbia (UBC) - Sauder School of Business and University of Maryland - Robert H. Smith School of Business
Downloads 1,197 (16,009)
Citation 5

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household finance, mutual fund flow seasonality, net exchanges, net flows, sentiment, time-varying risk aversion, risk tolerance

5.

Mergers and Acquisitions: The Role of Gender

Number of pages: 47 Posted: 22 Apr 2008 Last Revised: 08 Sep 2009
Maurice D. Levi, Kai Li and Feng Zhang
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and University of Utah - Department of Finance
Downloads 890 (24,895)
Citation 10

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bid premium, CEO and director gender, cumulative abnormal announcement period return, independent versus inside female directors, mergers and acquisitions

Born Leaders: The Relative-Age Effect and Managerial Success

Number of pages: 46 Posted: 06 Jul 2008 Last Revised: 21 Sep 2009
Qianqian Du, Huasheng Gao and Maurice D. Levi
Hong Kong Polytechnic University, Fanhai International School of Finance, Fudan University and University of British Columbia (UBC) - Sauder School of Business
Downloads 361 (79,030)
Citation 1

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Relative age, CEO birthdate, corporate performance

Born Leaders: The Relative-Age Effect and Managerial Success

AFA 2011 Denver Meetings Paper
Number of pages: 38 Posted: 19 Mar 2009 Last Revised: 16 Mar 2010
Qianqian Du, Huasheng Gao and Maurice D. Levi
Hong Kong Polytechnic University, Fanhai International School of Finance, Fudan University and University of British Columbia (UBC) - Sauder School of Business
Downloads 298 (98,282)
Citation 1

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Relative-age, CEO birthdate, corporate performance

7.

Director Gender and Mergers and Acquisitions

Number of pages: 44 Posted: 09 May 2012 Last Revised: 08 Nov 2013
Maurice D. Levi, Kai Li and Feng Zhang
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and University of Utah - Department of Finance
Downloads 551 (47,570)
Citation 10

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director gender, bid initiation, bid premium, mergers and acquisitions, overconfidence, risk aversion

8.

Seasonality in Equilibrium Stock Returns: A Dynamic Perspective on Sad

Sauder School of Business Working Paper
Number of pages: 34 Posted: 24 Jul 2004
Xifeng Diao and Maurice D. Levi
University of Calgary - Haskayne School of Business and University of British Columbia (UBC) - Sauder School of Business
Downloads 309 (95,027)
Citation 1

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Seasonality, Asset Pricing, Behavioral Finance, Daylight Stock Return Cycle

9.

Men are from Mars, Women are from Venus: Gender and Mergers and Acquisitions

Number of pages: 33 Posted: 15 Mar 2011
Maurice D. Levi, Kai Li and Feng Zhang
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and University of Utah - Department of Finance
Downloads 305 (96,338)
Citation 1

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10.

Deal or No Deal: Hormones and the Mergers and Acquisitions Game

Number of pages: 46 Posted: 22 Mar 2009 Last Revised: 17 Sep 2010
Maurice D. Levi, Kai Li and Feng Zhang
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and University of Utah - Department of Finance
Downloads 305 (96,338)
Citation 6

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mergers and acquisitions, male dominance seeking, CEO testosterone, bid initiation, bid withdrawal, tender offers

11.

A Careful Re-Examination of Seasonality in International Stock Markets: Comment on Sentiment and Stock Returns

Rotman School of Management Working Paper No. 1668984
Number of pages: 58 Posted: 11 Aug 2011 Last Revised: 10 Oct 2011
Mark J. Kamstra, Lisa A. Kramer and Maurice D. Levi
York University - Schulich School of Business, University of Toronto - Rotman School of Management and University of British Columbia (UBC) - Sauder School of Business
Downloads 207 (143,052)
Citation 3

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SAD, seasonal affective disorder, seasonal depression, stock market cycles, return seasonality

International Trade and the Connection between Excess Demand and Inflation

Review of International Economics, Vol. 13, No. 4, pp. 699-708, September 2005
Number of pages: 14 Posted: 24 May 2006 Last Revised: 30 May 2015
Albert S. Dexter, Maurice D. Levi and Barrie R. Nault
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and University of Calgary - Haskayne School of Business
Downloads 153 (187,553)
Citation 3

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International Trade and the Connection between Excess Demand and Inflation

Review of International Economics, Vol. 13, No. 4, pp. 699-708, September 2005
Number of pages: 10 Posted: 01 Nov 2005
Albert S. Dexter, Maurice D. Levi and Barrie R. Nault
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and University of Calgary - Haskayne School of Business
Downloads 26 (488,203)
Citation 3
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13.

Are Women More Likely to Seek Advice than Men? Evidence from the Boardroom

Journal of Risk and Financial Management, Vol. 8, pp. 127-149, 2015, DOI: 10.3390/jrfm8010127
Number of pages: 23 Posted: 13 Feb 2015 Last Revised: 14 Feb 2015
Maurice D. Levi, Kai Li and Feng Zhang
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and University of Utah - Department of Finance
Downloads 122 (224,061)

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seeking advice; financial advisors; director gender; overconfidence; takeovers

14.

Risk Homeostasis and Corporate Acquisitions

Number of pages: 35 Posted: 12 Aug 2010 Last Revised: 01 Oct 2012
Maurice D. Levi, Kai Li and Feng Zhang
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and University of Utah - Department of Finance
Downloads 79 (299,308)

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Mergers and Acquisitions, Return Correlation, Risk Dynamics, Risk Homeostasis

15.

The Law of One Price in Unfamiliar Places: The Case of International Real Estate

Number of pages: 36 Posted: 13 Nov 2011
Thomas Ruf and Maurice D. Levi
University of New South Wales (UNSW) and University of British Columbia (UBC) - Sauder School of Business
Downloads 65 (333,557)

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exchange rates, international real estate, law of one price, one-way arbitrage

Seasonally Varying Preferences: Theoretical Foundations for an Empirical Regularity

AFA 2012 Chicago Meetings Paper
Number of pages: 61 Posted: 23 Mar 2011 Last Revised: 31 Jan 2014
Mark J. Kamstra, Lisa A. Kramer, Maurice D. Levi and Tan Wang
York University - Schulich School of Business, University of Toronto - Rotman School of Management, University of British Columbia (UBC) - Sauder School of Business and University of British Columbia (UBC) - Division of Finance
Downloads 57 (361,368)
Citation 3

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Time-varying preferences, time-varying expected returns, stock returns, SAD, Treasury-bill returns, equity premium

Seasonally Varying Preferences: Theoretical Foundations for an Empirical Regularity

Review of Asset Pricing Studies, Vol. 4, No. 1, pp. 39-77, 2014
Posted: 16 May 2014 Last Revised: 20 May 2014
Mark J. Kamstra, Lisa A. Kramer, Maurice D. Levi and Tan Wang
York University - Schulich School of Business, University of Toronto - Rotman School of Management, University of British Columbia (UBC) - Sauder School of Business and University of British Columbia (UBC) - Division of Finance

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17.

Arbitrage in Unfamiliar Places: The International Residential Real Estate Market

Number of pages: 36 Posted: 15 Mar 2012 Last Revised: 14 Oct 2012
Maurice D. Levi and Thomas Ruf
University of British Columbia (UBC) - Sauder School of Business and University of New South Wales (UNSW)
Downloads 46 (391,348)

Abstract:

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exchange rates, international real estate, law-of-one-price, one-way arbitrage

18.

Doing Away with Anonymous Money: Gains and Losses of Canadian Governments from Elimination of Banknotes and Coins

Number of pages: 17 Posted: 18 Sep 2011
Maurice D. Levi
University of British Columbia (UBC) - Sauder School of Business
Downloads 40 (413,064)

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19.

Sticky Prices: The Impact of Regulation

Journal of Monetary Economics, 49 (2002) 797-821
Number of pages: 34 Posted: 18 Sep 2015
Albert S. Dexter, Maurice D. Levi and Barrie R. Nault
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and University of Calgary - Haskayne School of Business
Downloads 17 (524,360)
Citation 7

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Price stickiness, Money supply, Granger causation, Impulse response

20.

Converting Technology to Mitigate Environmental Damage

Management Science, 50, 8 (August 2004), 1015-1030
Number of pages: 16 Posted: 27 Aug 2016
Maurice D. Levi and Barrie R. Nault
University of British Columbia (UBC) - Sauder School of Business and University of Calgary - Haskayne School of Business
Downloads 6 (588,541)
Citation 3

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technology conversion, environmental management, taxes and subsidies, capital vintage, incentives

21.

Freely Determined Versus Regulated Prices: Implications for the Link between Money and Inflation

Journal of Money, Credit and Banking, 25, 2 (May 1993), 222-231
Posted: 29 Aug 2016
Albert S. Dexter, Maurice D. Levi and Barrie R. Nault
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and University of Calgary - Haskayne School of Business

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22.

Is it the Weather? Comment

Journal of Banking and Finance, Forthcoming, Rotman School of Management Working Paper No. 1317939
Posted: 19 Dec 2008 Last Revised: 26 Jan 2009
Mark J. Kamstra, Lisa A. Kramer and Maurice D. Levi
York University - Schulich School of Business, University of Toronto - Rotman School of Management and University of British Columbia (UBC) - Sauder School of Business

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Seasonal affective disorder, SAD, Sell in May, Stock market cycles, Return seasonality

23.

Index-Induced Errors and Purchasing Power Parity: Bounding the Possible Bias

JOURNAL OF INTERNATIONAL FINANCIAL MARKETS, INSTITUTIONS & MONEY, Vol 5 (2/3) 1995
Posted: 24 Aug 1998
Sandra Betton, Maurice D. Levi and Raman Uppal
Concordia University, Quebec - Department of Finance, University of British Columbia (UBC) - Sauder School of Business and EDHEC Business School

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