Miguel A. Ferreira

Nova School of Business and Economics

Campus de Campolide

Lisbon, 1099-032

Portugal

European Corporate Governance Institute (ECGI)

c/o ECARES ULB CP 114

B-1050 Brussels

Belgium

Centre for Economic Policy Research (CEPR)

Research Fellow

77 Bastwick Street

London, EC1V 3PZ

United Kingdom

SCHOLARLY PAPERS

59

DOWNLOADS
Rank 329

SSRN RANKINGS

Top 329

in Total Papers Downloads

40,366

CITATIONS
Rank 901

SSRN RANKINGS

Top 901

in Total Papers Citations

590

Scholarly Papers (59)

Indexing and Active Fund Management: International Evidence

Number of pages: 73 Posted: 03 May 2011 Last Revised: 06 Jan 2015
University of Notre Dame, Nova School of Business and Economics, University of Virginia - Darden School of Business and University of Texas at Austin - Department of Finance
Downloads 3,213 (2,313)
Citation 4

Abstract:

Mutual funds, Active management, Index funds, Exchange-traded funds, Competition, Fees, Performance

Indexing and Active Fund Management: International Evidence

Journal of Financial Economics (JFE), Forthcoming, Darden Business School Working Paper No. 2558724
Number of pages: 73 Posted: 03 Feb 2015
University of Notre Dame, Nova School of Business and Economics, University of Virginia - Darden School of Business and University of Texas at Austin - Department of Finance
Downloads 1,376 (9,993)
Citation 4

Abstract:

Mutual funds, Active management, Index funds, Exchange-traded funds, Competition, Fees, Performance

2.

The Determinants of Mutual Fund Performance: A Cross-Country Study

Swiss Finance Institute Research Paper No. 31
Number of pages: 56 Posted: 26 Nov 2006 Last Revised: 29 Jul 2011
Nova School of Business and Economics, Faculty of Finance, Cass Business School, City University, London, Instituto Universitário de Lisboa (ISCTE - IUL) and ESSEC
Downloads 2,627 (2,913)
Citation 17

Abstract:

Mutual funds, Performance, Fund characteristics, Investor protection

Does Governance Travel around the World? Evidence from Institutional Investors

Fisher College of Business Working Paper No. 2009-008, ECGI - Finance Working Paper No. 267/2010, AFA 2010 Atlanta Meetings Paper, CELS 2009 4th Annual Conference on Empirical Legal Studies Paper, Fourth Singapore International Conference on Finance 2010 Paper
Number of pages: 66 Posted: 24 Mar 2009 Last Revised: 24 Feb 2012
Reena Aggarwal, Isil Erel, Miguel A. Ferreira and Pedro P. Matos
Georgetown University - Robert Emmett McDonough School of Business, Ohio State University (OSU) - Department of Finance, Nova School of Business and Economics and University of Virginia - Darden School of Business
Downloads 1,470 (8,967)
Citation 39

Abstract:

Institutional Investors, Corporate Governance, Shareholder Activism

Does Governance Travel Around the World? Evidence from Institutional Investors

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 66 Posted: 06 Jul 2010
Reena Aggarwal, Isil Erel, Miguel A. Ferreira and Pedro P. Matos
Georgetown University - Robert Emmett McDonough School of Business, Ohio State University (OSU) - Department of Finance, Nova School of Business and Economics and University of Virginia - Darden School of Business
Downloads 561 (37,603)
Citation 39

Abstract:

Institutional Investors, Corporate Governance, Shareholder Activism

4.

Are US CEOs Paid More? New International Evidence

EFA 2009 Bergen Meetings Paper, ECGI - Finance Working Paper No. 255/2009, AFA 2011 Denver Meetings Paper
Number of pages: 50 Posted: 12 Feb 2009 Last Revised: 19 Jun 2012
Nuno Fernandes, Miguel A. Ferreira, Pedro P. Matos and Kevin J. Murphy
IMD International, Nova School of Business and Economics, University of Virginia - Darden School of Business and University of Southern California - Marshall School of Business
Downloads 1,711 (6,299)
Citation 13

Abstract:

Executive compensation, CEO pay, International pay differences, Stock options, Corporate governance

5.
Downloads 1,475 ( 9,088)
Citation 28

Board Structure and Price Informativeness

ECGI - Finance Working Paper No. 160/2007, EFA 2008 Athens Meetings Paper
Number of pages: 53 Posted: 05 Mar 2008 Last Revised: 06 Jan 2009
Miguel A. Ferreira, Daniel Ferreira and Clara C. Raposo
Nova School of Business and Economics, London School of Economics - Department of Finance and Technical University of Lisbon (UTL) - School of Economics and Management
Downloads 1,131 (13,651)
Citation 28

Abstract:

Corporate boards, Independent directors, Price informativeness, Monitoring

Board Structure and Price Informativeness

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 57 Posted: 15 Apr 2010
Daniel Ferreira, Miguel A. Ferreira and Clara C. Raposo
London School of Economics - Department of Finance, Nova School of Business and Economics and Technical University of Lisbon (UTL) - School of Economics and Management
Downloads 344 (69,053)
Citation 28

Abstract:

Corporate boards, Independent directors, Price informativeness, Monitoring

Forecasting Stock Market Returns: The Sum of the Parts is More than the Whole

AFA 2010 Atlanta Meetings Paper
Number of pages: 57 Posted: 22 Mar 2009 Last Revised: 25 Jul 2010
Miguel A. Ferreira and Pedro Santa-Clara
Nova School of Business and Economics and New University of Lisbon - Nova School of Business and Economics
Downloads 1,115 (13,953)
Citation 20

Abstract:

Equity premium, forecasting, stock market, predictive regression

Forecasting Stock Market Returns: The Sum of the Parts is More than the Whole

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 57 Posted: 19 Aug 2010
Miguel A. Ferreira and Pedro Santa-Clara
Nova School of Business and Economics and New University of Lisbon - Nova School of Business and Economics
Downloads 133 (177,328)
Citation 20

Abstract:

Forecasting Stock Market Returns: The Sum of the Parts is More than the Whole

NBER Working Paper No. w14571
Number of pages: 34 Posted: 29 Dec 2008
Miguel A. Ferreira and Pedro Santa-Clara
Nova School of Business and Economics and New University of Lisbon - Nova School of Business and Economics
Downloads 61 (296,880)
Citation 20

Abstract:

7.

How Do Banks Manage Interest Rate Risk: Hedge or Bet?

21st Australasian Finance and Banking Conference 2008 Paper
Number of pages: 37 Posted: 17 Jul 2008
Luís Vasco Lourenço Pinheiro and Miguel A. Ferreira
ISEGI NOVA and Nova School of Business and Economics
Downloads 1,306 (9,342)

Abstract:

Bank returns, Interest Risk Management, Duration Gap

Shareholders at the Gate? Institutional Investors and Cross-Border Mergers and Acquisitions

EFA 2007 Ljubljana Meetings Paper
Number of pages: 54 Posted: 25 Mar 2008 Last Revised: 29 Jan 2009
Massimo Massa, Miguel A. Ferreira and Pedro P. Matos
INSEAD - Finance, Nova School of Business and Economics and University of Virginia - Darden School of Business
Downloads 837 (21,521)
Citation 30

Abstract:

Institutional investors, Mergers and acquisitions, Financial integration

Shareholders at the Gate? Institutional Investors and Cross-Border Mergers and Acquisitions

Review of Financial Studies, Forthcoming, Marshall School of Business Working Paper No. FBE 28-09
Number of pages: 60 Posted: 01 Jul 2009 Last Revised: 09 Sep 2009
Miguel A. Ferreira, Massimo Massa and Pedro P. Matos
Nova School of Business and Economics, INSEAD - Finance and University of Virginia - Darden School of Business
Downloads 195 (126,626)
Citation 30

Abstract:

Institutional investors, Mergers and acquisitions, Financial integration

Shareholders at the Gate? Institutional Investors and Cross-Border Mergers and Acquisitions

The Review of Financial Studies, Vol. 23, Issue 2, pp. 601-644, 2009
Posted: 01 Feb 2010
Miguel A. Ferreira, Massimo Massa and Pedro P. Matos
Nova School of Business and Economics, INSEAD - Finance and University of Virginia - Darden School of Business

Abstract:

G15, G23, G34

9.

Cash Holdings and Business Conditions

Number of pages: 43 Posted: 25 Oct 2004
Miguel A. Ferreira, Claudia Custodio and Clara C. Raposo
Nova School of Business and Economics, Imperial College London and Technical University of Lisbon (UTL) - School of Economics and Management
Downloads 1,018 (14,223)

Abstract:

Cash holdings, Liquidity, Business conditions

10.
Downloads 943 ( 18,367)
Citation 29

Insider Trading Laws and Stock Price Informativeness

EFA 2006 Zurich Meetings Paper, ECGI - Finance Working Paper No. 161/2007
Number of pages: 62 Posted: 26 May 2006
Nuno Fernandes and Miguel A. Ferreira
IMD International and Nova School of Business and Economics
Downloads 943 (18,016)
Citation 29

Abstract:

Insider trading laws, Market efficiency, Investor protection, Cost of equity

Insider Trading Laws and Stock Price Informativeness

Review of Financial Studies, Forthcoming
Posted: 08 May 2007
Nuno Fernandes and Miguel A. Ferreira
IMD International and Nova School of Business and Economics

Abstract:

Insider Trading Laws and Stock Price Informativeness

The Review of Financial Studies, Vol. 22, Issue 5, pp. 1845-1887, 2009
Posted: 13 Apr 2009
Miguel A. Ferreira and Nuno Fernandes
Nova School of Business and Economics and IMD International

Abstract:

G14, G38

Corporate Governance, Idiosyncratic Risk, and Information Flow

AFA 2006 Boston Meetings Paper
Number of pages: 50 Posted: 18 Nov 2004
Miguel A. Ferreira and Paul A. Laux
Nova School of Business and Economics and University of Delaware - Alfred Lerner College of Business and Economics
Downloads 938 (18,161)
Citation 72

Abstract:

Corporate governance, Takeovers, Idiosyncratic risk, Institutional investors, Capital budgeting

Corporate Governance, Idiosyncratic Risk, and Information Flow

Journal of Finance, Vol. 62, No. 2, pp. 951-990, April 2007
Posted: 08 May 2007
Miguel A. Ferreira and Paul A. Laux
Nova School of Business and Economics and University of Delaware - Alfred Lerner College of Business and Economics

Abstract:

The Colors of Investors' Money: The Role of Institutional Investors Around the World

Number of pages: 54 Posted: 21 Feb 2006
Miguel A. Ferreira and Pedro P. Matos
Nova School of Business and Economics and University of Virginia - Darden School of Business
Downloads 911 (18,995)
Citation 110

Abstract:

Institutional Investors, Monitoring, International Capital Markets

The Colors of Investors' Money: The Role of Institutional Investors Around the World

Journal of Financial Economics (JFE), Forthcoming
Posted: 24 Jul 2007
Miguel A. Ferreira and Pedro P. Matos
Nova School of Business and Economics and University of Virginia - Darden School of Business

Abstract:

Institutional Investors, Monitoring, International Capital Markets

13.

Forecasting Spot Interest Rate Volatility

EFA 2000 Meetings Paper No. 0095
Number of pages: 54 Posted: 27 Mar 2000
Miguel A. Ferreira
Nova School of Business and Economics
Downloads 791 (23,374)
Citation 1

Abstract:

Interest rates, Stochastic volatility, GARCH, Forecasting.

Does International Cross-Listing Improve the Information Environment?

EFA 2005 Moscow Meetings
Number of pages: 53 Posted: 05 Mar 2005
Nuno Fernandes and Miguel A. Ferreira
IMD International and Nova School of Business and Economics
Downloads 783 (23,748)
Citation 53

Abstract:

Cross-listing, Firm-specific stock return variation, Emerging markets, Analyst coverage

Does International Cross-Listing Improve the Information Environment?

Journal of Financial Economics (JFE), Forthcoming
Posted: 24 Jul 2007
Nuno Fernandes and Miguel A. Ferreira
IMD International and Nova School of Business and Economics

Abstract:

Cross-listing, Firm-specific stock return variation, Emerging markets, Analyst coverage

15.

Are US CEOs Paid More? New International Evidence

Review of Financial Studies, Forthcoming
Number of pages: 66 Posted: 10 Oct 2012 Last Revised: 27 Nov 2012
Nuno Fernandes, Miguel A. Ferreira, Pedro P. Matos and Kevin J. Murphy
IMD International, Nova School of Business and Economics, University of Virginia - Darden School of Business and University of Southern California - Marshall School of Business
Downloads 772 (18,139)
Citation 10

Abstract:

executive compensation, CEO pay, international pay differences, stock options, corporate governance

16.
Downloads 635 ( 25,670)
Citation 3

Why Are U.S. Firms Using More Short-Term Debt?

Number of pages: 63 Posted: 18 Mar 2010 Last Revised: 19 Jun 2012
Claudia Custodio, Miguel A. Ferreira and Luis Laureano
Imperial College London, Nova School of Business and Economics and ISCTE - Lisbon University Institute - School of Business
Downloads 347 (68,337)
Citation 3

Abstract:

Corporate debt maturity, Information asymmetry, Agency costs, New listings, Supply effects

Why are U.S. Firms Using More Short-Term Debt?

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 63 Posted: 19 Jun 2012
Claudia Custodio, Miguel A. Ferreira and Luis Laureano
Imperial College London, Nova School of Business and Economics and ISCTE - Lisbon University Institute - School of Business
Downloads 288 (84,626)
Citation 3

Abstract:

corporate debt maturity, information asymmetry, agency costs, new listings, supply effects

17.

The Evolution of Earnings Management and Firm Valuation: A Cross-Country Analysis

EFA 2007 Ljubljana Meetings Paper
Number of pages: 39 Posted: 27 Feb 2007 Last Revised: 22 Oct 2007
Nuno Fernandes and Miguel A. Ferreira
IMD International and Nova School of Business and Economics
Downloads 689 (22,595)
Citation 1

Abstract:

Earnings management, investment opportunities, financial markets, firm valuation

18.

Generalists versus Specialists: Lifetime Work Experience and CEO Pay

AFA 2012 Chicago Meetings Paper, ECGI - Finance Working Paper No. 333/2012
Number of pages: 56 Posted: 15 Mar 2011 Last Revised: 25 Jul 2012
Claudia Custodio, Miguel A. Ferreira and Pedro P. Matos
Imperial College London, Nova School of Business and Economics and University of Virginia - Darden School of Business
Downloads 667 (30,286)
Citation 10

Abstract:

Executive Compensation, Market for Executives, Human Capital

Are Foreign Investors Locusts? The Long-Term Effects of Foreign Institutional Ownership

European Corporate Governance Institute (ECGI) - Finance Working Paper No. 468/2016, Darden Business School Working Paper No. 2640045
Number of pages: 81 Posted: 06 Aug 2015 Last Revised: 21 Dec 2016
Jan Bena, Miguel A. Ferreira, Pedro P. Matos and Pedro Pires
University of British Columbia - Sauder School of Business, Nova School of Business and Economics, University of Virginia - Darden School of Business and Nova School of Business and Economics
Downloads 460 (48,536)

Abstract:

Corporate innovation, R&D, Patents, Institutional ownership, Financial globalization, Monitoring, Short-termism

Are Foreign Investors Locusts? The Long-Term Effects of Foreign Institutional Ownership

Journal of Financial Economics (JFE), Forthcoming, Darden Business School Working Paper No. 2860849
Number of pages: 82 Posted: 29 Oct 2016
Jan Bena, Miguel A. Ferreira, Pedro P. Matos and Pedro Pires
University of British Columbia - Sauder School of Business, Nova School of Business and Economics, University of Virginia - Darden School of Business and Nova School of Business and Economics
Downloads 205 (121,850)

Abstract:

Innovation, Institutional ownership, Investment, Monitoring, Patents

Have World, Country and Industry Risk Changed Over Time? An Investigation of the Developed Stock Markets Volatility

AFA 2004 San Diego Meetings
Number of pages: 42 Posted: 31 Jul 2003
Miguel A. Ferreira and Paulo M. Gama
Nova School of Business and Economics and University of Coimbra
Downloads 656 (30,470)
Citation 30

Abstract:

Developed markets volatility, industry risk, country risk, international portfolio diversification

Have World, Country and Industry Risk Changed Over Time? An Investigation of the Developed Stock Markets Volatility

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Posted: 26 Oct 2004
Miguel A. Ferreira and Paulo M. Gama
Nova School of Business and Economics and University of Coimbra

Abstract:

Developed markets volatility, industry risk, country risk, international portfolio diversification

21.

Lending Relationships and the Effect of Bank Distress: Evidence from the 2007-2009 Financial Crisis

Number of pages: 60 Posted: 24 Oct 2010 Last Revised: 05 Dec 2015
Daniel R. Carvalho, Miguel A. Ferreira and Pedro P. Matos
University of Southern California - Marshall School of Business - Finance and Business Economics Department, Nova School of Business and Economics and University of Virginia - Darden School of Business
Downloads 645 (24,232)
Citation 6

Abstract:

Lending Relationships, Bank Distress, Public Debt Markets, Financial Crisis

22.
Downloads 636 ( 32,261)
Citation 1

Creditor Control Rights and Board Independence

European Corporate Governance Institute (ECGI) - Finance Working Paper No. 443/2014
Number of pages: 81 Posted: 15 Mar 2012 Last Revised: 26 Oct 2016
Daniel Ferreira, Miguel A. Ferreira and Beatriz Mariano
London School of Economics - Department of Finance, Nova School of Business and Economics and Cass Business School
Downloads 636 (31,774)
Citation 1

Abstract:

Corporate boards, Corporate governance, Covenant violations, Creditor intervention

Creditor Control Rights and Board Independence

CEPR Discussion Paper No. DP11870
Number of pages: 84 Posted: 02 Mar 2017
Daniel Ferreira, Miguel A. Ferreira and Beatriz Mariano
London School of Economics - Department of Finance, Nova School of Business and Economics and Cass Business School
Downloads 0
Citation 1

Abstract:

Why Do Firms Hold Cash? Evidence from EMU Countries

Number of pages: 43 Posted: 08 Nov 2004
Miguel A. Ferreira and António Vilela
Nova School of Business and Economics and University Institute of Lisbon (IUL) - School of Business
Downloads 607 (33,833)
Citation 27

Abstract:

Cash holdings, liquidity, agency costs, corporate governance

Why Do Firms Hold Cash? Evidence from EMU Countries

European Financial Management, Vol. 10, No. 2, pp. 295-319, June 2004
Posted: 20 Jun 2004
Miguel A. Ferreira and António Vilela
Nova School of Business and Economics and University Institute of Lisbon (IUL) - School of Business

Abstract:

24.

Information in the Idiosyncratic Volatility of Small Firms

AFA 2005 Philadelphia Meetings; EFA 2004 Maastricht Meetings Paper No. 3020
Number of pages: 59 Posted: 13 Dec 2004
David P. Brown and Miguel A. Ferreira
University of Wisconsin - Madison - Department of Finance, Investment and Banking and Nova School of Business and Economics
Downloads 595 (33,365)
Citation 15

Abstract:

Idiosyncratic Risk, Systematic Risk, Small Firms

25.

Correlation Dynamics of Global Industry Portfolios

Number of pages: 59 Posted: 16 Mar 2004
Miguel A. Ferreira and Paulo M. Gama
Nova School of Business and Economics and University of Coimbra
Downloads 545 (37,874)
Citation 4

Abstract:

Correlation, global industry portfolios, asymmetries, trends

26.

Beyond Coherence and Extreme Losses: Root Lower Partial Moment as a Risk Measure

Number of pages: 34 Posted: 26 Oct 2004
António M.R.G. Barbosa and Miguel A. Ferreira
Instituto Universitário de Lisboa (ISCTE-IUL) and Nova School of Business and Economics
Downloads 543 (37,169)
Citation 1

Abstract:

Risk management, lower partial moment, expected shortfall, coherent risk measures

27.

The Real Effects of Credit Ratings: The Sovereign Ceiling Channel

Journal of Finance, Forthcoming
Number of pages: 75 Posted: 03 Nov 2013 Last Revised: 08 Jan 2016
Heitor Almeida, Igor Cunha, Miguel A. Ferreira and Felipe Restrepo
University of Illinois at Urbana-Champaign, University of Kentucky, Nova School of Business and Economics and University of Western Ontario - Richard Ivey School of Business
Downloads 503 (15,869)

Abstract:

Credit ratings, Sovereign bonds, Sovereign ceiling, Cost of capital, Investment, Capital structure

International Corporate Governance Spillovers: Evidence from Cross-Border Mergers and Acquisitions

European Corporate Governance Institute (ECGI) - Finance Working Paper No. 390/2014, Darden Business School Working Paper No. 2309117
Number of pages: 61 Posted: 13 Aug 2013 Last Revised: 17 Dec 2015
Boston College, Carroll School of Management, International Monetary Fund - Monetary and Capital Markets Department, Nova School of Business and Economics and University of Virginia - Darden School of Business
Downloads 481 (45,881)

Abstract:

Foreign direct investment, Corporate governance, Cross border mergers and acquisitions, Spillovers

International Corporate Governance Spillovers: Evidence from Cross-Border Mergers and Acquisitions

CEPR Discussion Paper No. DP10917
Number of pages: 50 Posted: 04 Nov 2015
Boston College, Carroll School of Management, International Monetary Fund - Monetary and Capital Markets Department, Nova School of Business and Economics and University of Virginia - Darden School of Business
Downloads 0

Abstract:

Corporate governance, Cross-border mergers and acquisitions, Foreign direct investment, Spillovers

29.

Do General Managerial Skills Spur Innovation?

ECGI - Finance Working Paper No. 376, Darden Business School Working Paper No. 2289701
Number of pages: 64 Posted: 06 Jul 2013 Last Revised: 13 Oct 2015
Claudia Custodio, Miguel A. Ferreira and Pedro P. Matos
Imperial College London, Nova School of Business and Economics and University of Virginia - Darden School of Business
Downloads 451 (21,245)
Citation 1

Abstract:

General human capital, Innovation, Patents, R&D, Risk taking

30.
Downloads 451 ( 50,336)
Citation 1

Investor-Stock Decoupling in Mutual Funds

AFA 2013 San Diego Meetings Paper, Marshall School of Business Working Paper No. FBE 07-10
Number of pages: 57 Posted: 16 Mar 2010 Last Revised: 27 Sep 2016
Miguel A. Ferreira, Massimo Massa and Pedro P. Matos
Nova School of Business and Economics, INSEAD - Finance and University of Virginia - Darden School of Business
Downloads 415 (55,173)
Citation 1

Abstract:

Mutual funds, Performance, Fund flows, Risk taking, Limits of arbitrage

Investor-Stock Decoupling in Mutual Funds

Management Science, Forthcoming, Darden Business School Working Paper No. 2844387, INSEAD Working Paper No. 2016/71/FIN
Number of pages: 57 Posted: 28 Sep 2016 Last Revised: 18 Dec 2016
Miguel A. Ferreira, Massimo Massa and Pedro P. Matos
Nova School of Business and Economics, INSEAD - Finance and University of Virginia - Darden School of Business
Downloads 35 (378,950)
Citation 1

Abstract:

Mutual Funds, Performance, Fund Flows, Risk Taking, Limits to Arbitrage

Investor-Stock Decoupling in Mutual Funds

CEPR Discussion Paper No. DP11476
Number of pages: 58 Posted: 06 Sep 2016
Miguel A. Ferreira, Massimo Massa and Pedro P. Matos
Nova School of Business and Economics, INSEAD - Finance and University of Virginia - Darden School of Business
Downloads 1 (564,280)
Citation 1

Abstract:

Fund flows, Limits to Arbitrage, Mutual funds, Performance, Risk Taking

31.

Dividend Clienteles Around the World: Evidence from Institutional Holdings

Marshall School of Business Working Paper No. FBE 35-09
Number of pages: 54 Posted: 13 Aug 2009 Last Revised: 28 Jun 2010
Miguel A. Ferreira, Massimo Massa and Pedro P. Matos
Nova School of Business and Economics, INSEAD - Finance and University of Virginia - Darden School of Business
Downloads 403 (48,318)
Citation 7

Abstract:

Payout policy, Institutional investors, Dividend clienteles, Transaction costs

32.
Downloads 400 ( 58,278)
Citation 1

Forecasting the Comovements of Spot Interest Rates

Number of pages: 37 Posted: 17 Jan 2001
Miguel A. Ferreira
Nova School of Business and Economics
Downloads 400 (57,726)
Citation 1

Abstract:

Interest rates, Covariance models, GARCH, Forecasting

Forecasting the Comovements of Spot Interest Rates

Journal of International Money and Finance, Forthcoming
Posted: 27 Oct 2004
Miguel A. Ferreira
Nova School of Business and Economics

Abstract:

Interest rates, Covariance models, GARCH, Forecasting

33.

Timing and Holding Periods for Common Stocks: A Duration-Based Analysis

Number of pages: 47 Posted: 26 Oct 2004
Jorge Diz Dias and Miguel A. Ferreira
European Central Bank (ECB) and Nova School of Business and Economics
Downloads 384 (52,157)

Abstract:

Holding periods, Sequential financial decisions, Hazard models

The Economic Effects of Public Financing: Evidence from Municipal Bond Ratings Recalibration

Number of pages: 84 Posted: 12 Dec 2014 Last Revised: 13 Mar 2017
Manuel Adelino, Igor Cunha and Miguel A. Ferreira
Duke University, University of Kentucky and Nova School of Business and Economics
Downloads 382 (60,994)

Abstract:

Municipal bonds, Credit ratings, Local demand, Government employment, Private employment, Income

The Economic Effects of Public Financing: Evidence from Municipal Bond Ratings Recalibration

CEPR Discussion Paper No. DP11811
Number of pages: 87 Posted: 30 Jan 2017
Manuel Adelino, Igor Cunha and Miguel A. Ferreira
Duke University, University of Kentucky and Nova School of Business and Economics
Downloads 1 (564,280)

Abstract:

Credit ratings, Government Employment, Income, Local Economy, Municipal Bonds, Private Employment, Public Finance

35.

The Flow-Performance Relationship Around the World

Number of pages: 58 Posted: 22 Mar 2009 Last Revised: 21 Sep 2010
Nova School of Business and Economics, Faculty of Finance, Cass Business School, City University, London, Instituto Universitário de Lisboa (ISCTE - IUL) and ESSEC
Downloads 372 (63,506)
Citation 5

Abstract:

Mutual funds, Flow-performance relationship, Mutual fund flows, Convexity

36.

Is There Performance Persistence After All? International Evidence

Posted: 06 Dec 2010 Last Revised: 11 May 2017
Faculty of Finance, Cass Business School, City University, London, Nova School of Business and Economics, Instituto Universitário de Lisboa (ISCTE - IUL) and ESSEC

Abstract:

Mutual fund persistence, Mutual fund flows, Returns to scale, Berk and Green model

37.

Fund Performance and Equity Lending: Why Lend What You Can Sell?

Number of pages: 52 Posted: 06 Jul 2012 Last Revised: 05 Mar 2017
Richard B. Evans, Miguel A. Ferreira and Melissa Porras Prado
University of Virginia - Darden School of Business, Nova School of Business and Economics and Nova School of Business and Economics
Downloads 350 (43,864)

Abstract:

Mutual funds, Index funds, Performance, Security lending

38.

Generalists Versus Specialists: Lifetime Work Experience and CEO Pay

Journal of Financial Economics (JFE), Forthcoming, Darden Business School Working Paper No. 2116525
Number of pages: 56 Posted: 26 Jul 2012
Claudia Custodio, Miguel A. Ferreira and Pedro P. Matos
Imperial College London, Nova School of Business and Economics and University of Virginia - Darden School of Business
Downloads 301 (65,186)
Citation 7

Abstract:

Executive compensation, Market for executives, Human capital

39.

Capital Structure and Law Around the World

Journal of Multinational Financial Management 21 (2011) 119-150
Number of pages: 47 Posted: 04 Nov 2012 Last Revised: 26 Nov 2012
Paulo F. Pereira Alves and Miguel A. Ferreira
CMVM - Portuguese Securities and Exchange Commission, ISCAL and Lusofona University and Nova School of Business and Economics
Downloads 290 (84,430)
Citation 2

Abstract:

Capital structure, Institutional environment, Market timing

40.

Mutual Fund Industry Competition and Concentration: International Evidence

Number of pages: 54 Posted: 14 Feb 2009
Miguel A. Ferreira and Sofia Brito Ramos
Nova School of Business and Economics and ESSEC
Downloads 288 (72,252)
Citation 3

Abstract:

41.

Tail Risk and pK-Tail Risk

Number of pages: 29 Posted: 22 Dec 2004
Carlos Pedro dos Santos Gonçalves and Miguel A. Ferreira
Instituto Superior de Ciências Sociais e Políticas, University of Lisbon and Nova School of Business and Economics
Downloads 281 (86,106)

Abstract:

Tail risk, pK-tail risk, Yaari's dual theory, distorted risk measures, premium principles

42.

Bank Ratings and Lending Supply: Evidence from Sovereign Downgrades

Review of Financial Studies, Forthcoming
Number of pages: 76 Posted: 10 Jan 2014 Last Revised: 15 Jan 2016
Manuel Adelino and Miguel A. Ferreira
Duke University and Nova School of Business and Economics
Downloads 265 (53,325)

Abstract:

Bank credit supply, Credit channel, Credit ratings, Sovereign debt

Evaluating Interest Rate Covariance Models within a Value-at-Risk Framework

FRB of San Francisco Working Paper No. 2004-03
Number of pages: 56 Posted: 08 Dec 2003
Miguel A. Ferreira and Jose A. Lopez
Nova School of Business and Economics and Federal Reserve Bank of San Francisco
Downloads 265 (92,767)
Citation 11

Abstract:

Interest rates, GARCH, Forecasting, Value-at-Risk

Evaluating Interest Rate Covariance Models Within a Value-at-Risk Framework

Journal of Financial Econometrics, Vol. 3, No. 1, pp. 126-168, Winter 2005
Posted: 29 Feb 2008
Miguel A. Ferreira and Jose A. Lopez
Nova School of Business and Economics and Federal Reserve Bank of San Francisco

Abstract:

covariance models, forecasting, GARCH, interest rates, risk management, value-at-risk

Evaluating Interest Rate Covariance Models within a Value-at-Risk Framework

Journal of Financial Econometrics, Forthcoming
Posted: 27 Oct 2004
Miguel A. Ferreira and Jose A. Lopez
Nova School of Business and Economics and Federal Reserve Bank of San Francisco

Abstract:

Interest rates, Covariance models, GARCH, Forecasting, Value-at-Risk

44.

Corporate Boards and SEOs: The Effect of Certification and Monitoring

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 47 Posted: 22 Mar 2008 Last Revised: 06 Dec 2015
Miguel A. Ferreira and Paul A. Laux
Nova School of Business and Economics and University of Delaware - Alfred Lerner College of Business and Economics
Downloads 252 (87,764)
Citation 2

Abstract:

Equity offerings, Corporate boards, Announcement returns, Monitoring

45.

Do Locals Know Better? A Comparison of the Performance of Local and Foreign Institutional Investors

Number of pages: 48 Posted: 18 Mar 2009 Last Revised: 15 Feb 2017
Nova School of Business and Economics, University of Virginia - Darden School of Business, Nova School of Business and Economics and Nova School of Business and Economics
Downloads 231 (65,598)

Abstract:

Mutual Funds, Domestic, Foreign, Holdings, Global, Local, Money managers

The Importance of Industry and Country Effects in the EMU Equity Markets

Number of pages: 42 Posted: 27 May 2003
Miguel A. Ferreira and Miguel Angelo Ferreira
Nova School of Business and Economics and Banco Comercial Portugues
Downloads 209 (118,403)
Citation 7

Abstract:

International equity markets, Diversification; Volatility, EMU

The Importance of Industry and Country Effects in the EMU Equity Markets

European Financial Management, Vol. 12, No. 3, pp. 341-373, June 2006
Number of pages: 34 Posted: 19 May 2006
Miguel A. Ferreira and Miguel Ângelo Ferreira
Nova School of Business and Economics and University Institute of Lisbon (IUL) - School of Business
Downloads 20 (453,237)
Citation 7

Abstract:

The Importance of Industry and Country Effects in the EMU Equity Markets

European Financial Management Journal, Forthcoming
Posted: 20 Apr 2005
Miguel A. Ferreira and Miguel Angelo Ferreira
Nova School of Business and Economics and Banco Comercial Portugues

Abstract:

International equity markets, Diversification; Volatility; EMU

47.

Idiosyncratic Volatility of Small Public Firms and Entrepreneurial Risk

Number of pages: 58 Posted: 21 Mar 2006
David P. Brown and Miguel A. Ferreira
University of Wisconsin - Madison - Department of Finance, Investment and Banking and Nova School of Business and Economics
Downloads 184 (119,891)

Abstract:

Idiosyncratic risk, Entrepreneurial risk, Small firms

48.

Universal Banks and Corporate Control: Evidence from the Global Syndicated Loan Market

Review of Financial Studies, Forthcoming, Darden Business School Working Paper No. 2038027
Number of pages: 57 Posted: 14 Apr 2012
Miguel A. Ferreira and Pedro P. Matos
Nova School of Business and Economics and University of Virginia - Darden School of Business
Downloads 182 (135,280)
Citation 9

Abstract:

Universal banking, Syndicated loans, Corporate boards, Institutional ownership

49.

Home Equity Bias and Industry Concentration

Number of pages: 61 Posted: 29 May 2007
Miguel A. Ferreira and Antonio F. Miguel
Nova School of Business and Economics and Instituto Universitário de Lisboa (ISCTE - IUL)
Downloads 164 (131,200)
Citation 2

Abstract:

Investment allocation, Home Bias, Investor protection

50.

Does Institutional Ownership Matter for International Stock Return Comovement?

European Corporate Governance Institute (ECGI) - Finance Working Paper No. 465/2016
Number of pages: 65 Posted: 12 Jun 2015 Last Revised: 05 Apr 2016
José Faias and Miguel A. Ferreira
Catholic University of Portugal (UCP) and Nova School of Business and Economics
Downloads 162 (150,048)
Citation 1

Abstract:

Institutional investors, Comovements, International diversification, International capital markets

51.

Portfolio Flows, Volatility and Growth

Number of pages: 42 Posted: 07 Dec 2003
Miguel A. Ferreira and Paul A. Laux
Nova School of Business and Economics and University of Delaware - Alfred Lerner College of Business and Economics
Downloads 144 (160,275)
Citation 3

Abstract:

Portfolio Flows, Financial Integration, Growth, Economic Development

52.

Asset Management within Commercial Banking Groups: International Evidence

Darden Business School Working Paper No. 2543175
Number of pages: 71 Posted: 28 Dec 2014 Last Revised: 17 Jan 2017
Miguel A. Ferreira, Pedro P. Matos and Pedro Pires
Nova School of Business and Economics, University of Virginia - Darden School of Business and Nova School of Business and Economics
Downloads 138 (37,090)

Abstract:

Mutual funds, Fund performance, Conflicts of interest, Universal banking

53.

Who Owns the Largest Firms Around the World?

International Research Journal of Finance and Economics, No. 21, pp. 93-111, 2008
Number of pages: 19 Posted: 23 Jun 2008 Last Revised: 10 Apr 2012
Paulo F. Pereira Alves and Miguel A. Ferreira
CMVM - Portuguese Securities and Exchange Commission, ISCAL and Lusofona University and Nova School of Business and Economics
Downloads 134 (166,782)

Abstract:

Corporate ownership, Pyramidal structures

54.

Identifying the Characteristics of Banks Proprietary Trading Style

Number of pages: 33 Posted: 19 Jul 2011
Luís Vasco Lourenço Pinheiro and Miguel A. Ferreira
ISEGI NOVA and Nova School of Business and Economics
Downloads 101 (190,312)

Abstract:

Banks Proprietary Trading, Hedge Fund Strategies

55.

Can Credit Rating Agencies Affect Election Outcomes?

Number of pages: 59 Posted: 18 Mar 2016 Last Revised: 16 Apr 2017
Igor Cunha, Miguel A. Ferreira and Rui Silva
University of Kentucky, Nova School of Business and Economics and London Business School - Department of Finance
Downloads 0 (153,249)

Abstract:

Elections, Credit Ratings, Financial Constraints, Municipal Bonds, Government Spending, Economic Conditions

56.

International Corporate Governance: Database for 23 Countries

Posted: 01 Nov 2010 Last Revised: 24 Feb 2012
Reena Aggarwal, Isil Erel, Miguel A. Ferreira and Pedro P. Matos
Georgetown University - Robert Emmett McDonough School of Business, Ohio State University (OSU) - Department of Finance, Nova School of Business and Economics and University of Virginia - Darden School of Business

Abstract:

Institutional Investors, International Corporate Governance, Shareholder Activism

57.

Centre Rules the Markets

The Icfai Journal of Applied Finance, Vol. 14, No. 10, 2008
Posted: 23 Jul 2010 Last Revised: 21 Feb 2012
Paulo F. Pereira Alves and Miguel A. Ferreira
CMVM - Portuguese Securities and Exchange Commission, ISCAL and Lusofona University and Nova School of Business and Economics

Abstract:

European integration

58.

The Determinants of Domestic and Foreign Bond Bias

Journal of Multinational Financial Management, Vol. 21, No. 5, 2011
Posted: 24 May 2007 Last Revised: 12 Jan 2012
Miguel A. Ferreira and Antonio F. Miguel
Nova School of Business and Economics and Instituto Universitário de Lisboa (ISCTE - IUL)

Abstract:

Investment allocation, Home Bias, Investor protection

59.

Does Sovereign Debt Ratings News Spill Over to International Stock Markets?

Journal of Banking and Finance, Forthcoming
Posted: 08 May 2007
Miguel A. Ferreira and Paulo M. Gama
Nova School of Business and Economics and University of Coimbra

Abstract:

Other Papers (3)

Total Downloads: 292    Citations: 12
1.

Does Sovereign Debt Ratings News Spillover to International Stock Markets?

Number of pages: 32 Posted: 25 Oct 2004
Miguel A. Ferreira and Paulo M. Gama
Nova School of Business and Economics and University of Coimbra
Downloads 143
Citation 9

Abstract:

Sovereign ratings, spillover effects, stock market

2.

Testing Models of the Spot Interest Rate Volatility

Number of pages: 54 Posted: 27 Oct 2004
Miguel A. Ferreira
Nova School of Business and Economics
Downloads 93
Citation 2

Abstract:

Interest rates, Stochastic volatility, GARCH

3.

Equity Lending and Mutual Fund Performance

Number of pages: 46 Posted: 11 Jun 2012
Richard B. Evans, Miguel A. Ferreira and Melissa Porras Prado
University of Virginia - Darden School of Business, Nova School of Business and Economics and Nova School of Business and Economics
Downloads 34
Citation 2

Abstract:

mutual funds, Index funds, performance, security lending