Delroy M. Hunter

University of South Florida

Associate Professor and Serge Bonanni Professor of International Finance

Dept of Finance, Muma College of Business

4202 E. Fowler Ave, BSN3403

Tampa, FL 33620

United States

http://www.usf.edu/business/contacts/hunter-delroy.aspx

SCHOLARLY PAPERS

25

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CITATIONS
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Top 8,422

in Total Papers Citations

54

Scholarly Papers (25)

1.

Benefits of International Bond Diversification

Journal of Fixed Income, Vol. 13, pp. 57-72, March 2004
Number of pages: 37 Posted: 07 Sep 2004
Delroy M. Hunter and David P. Simon
University of South Florida and Bentley University - Department of Finance
Downloads 871 (17,943)
Citation 3

Abstract:

International bonds, conditional correlation, bond correlation, yield beta, return beta, diversification benefits, mean-variance spanning

Are TIPS the 'Real' Deal?: A Conditional Assessment of their Role in a Nominal Portfolio

EFMA 2003 Helsinki Meetings
Number of pages: 43 Posted: 11 Nov 2002
David P. Simon and Delroy M. Hunter
Bentley University - Department of Finance and University of South Florida
Downloads 487 (45,498)
Citation 8

Abstract:

Are TIPS the 'Real' Deal?: A Conditional Assessment of their Role in a Nominal Portfolio

Journal of Banking and Finance, Forthcoming
Posted: 07 Sep 2004
Delroy M. Hunter and David P. Simon
University of South Florida and Bentley University - Department of Finance

Abstract:

TIPS, Inflation-indexed Bonds, Treasury

A Conditional Assessment of the Relationships Between the Major World Bond Markets

EFMA 2004 Basel Meetings Paper
Number of pages: 31 Posted: 06 May 2004
Delroy M. Hunter and David P. Simon
University of South Florida and Bentley University - Department of Finance
Downloads 210 (118,693)
Citation 9

Abstract:

International bonds, conditional correlation, bond correlation, diversification benefits

A Conditional Assessment of the Relationships Between the Major World Bond Markets

EFMA 2004 Basel Meetings Paper
Number of pages: 31 Posted: 04 Feb 2005
Delroy M. Hunter and David P. Simon
University of South Florida and Bentley University - Department of Finance
Downloads 97 (226,147)
Citation 9

Abstract:

International bonds, conditional correlation, bond correlation, diversification benefits

A Conditional Assessment of the Relationships between the Major World Bond Markets

European Financial Management, Vol. 11, No. 4, pp. 463-482, September 2005
Number of pages: 20 Posted: 29 Oct 2005
Delroy M. Hunter and David P. Simon
University of South Florida and Bentley University - Department of Finance
Downloads 24 (433,396)
Citation 9

Abstract:

4.

Emerging Market Liberalization and the Impact on Uncovered Interest Rate Parity

FRB of Atlanta Working Paper No. 2002-16
Number of pages: 56 Posted: 05 Dec 2002
Bill B. Francis, Delroy M. Hunter and Iftekhar Hasan
University of South Florida - College of Business Administration, University of South Florida and Gabelli School of Business, Fordham University
Downloads 297 (76,988)
Citation 9

Abstract:

capital market integration, uncovered interest rate parity (UIRP), financial liberalization, GARCH model

5.

The Role of Currency Risk in Industry Cost of Capital

Number of pages: 43 Posted: 07 Sep 2004
Bill B. Francis and Delroy M. Hunter
University of South Florida - College of Business Administration and University of South Florida
Downloads 285 (84,412)
Citation 3

Abstract:

Exchange rate exposure, currency risk, currency premium, industry cost of capital, conditional asset pricing model

6.

Return-Volatility Linkages in the International Equity and Currency Markets

Bank of Finland Discussion Paper No. 9/2002
Number of pages: 39 Posted: 23 Jul 2002
Bill B. Francis, Delroy M. Hunter and Iftekhar Hasan
University of South Florida - College of Business Administration, University of South Florida and Gabelli School of Business, Fordham University
Downloads 228 (103,753)
Citation 1

Abstract:

international asset pricing, exchange rate determination, equity markets, relationships between currency and equity markets

7.

Dynamic Relations between International Equity and Currency Markets: The Role of Currency Order Flow

Journal of Business, Forthcoming
Number of pages: 45 Posted: 07 Sep 2004
Bill B. Francis, Delroy M. Hunter and Iftekhar Hasan
University of South Florida - College of Business Administration, University of South Florida and Gabelli School of Business, Fordham University
Downloads 202 (119,089)
Citation 6

Abstract:

Currency order flow, international financial markets, volatility spillover, information spillover

8.

The Diversification Discount: It's All Cash Flows

Number of pages: 51 Posted: 07 Sep 2004
Bill B. Francis, Delroy M. Hunter and Iftekhar Hasan
University of South Florida - College of Business Administration, University of South Florida and Gabelli School of Business, Fordham University
Downloads 194 (125,955)

Abstract:

Diversification discount, diversified firms, premium firms, discount firms, expected returns, conditional asset pricing model

9.

Time-Varying Exchange Rate Exposure of Small and Large Firms

Number of pages: 48 Posted: 07 Sep 2004
Delroy M. Hunter
University of South Florida
Downloads 174 (133,489)
Citation 1

Abstract:

Exchange rate exposure, time-varying exposure, currency premium, size-based portfolios, small firms, conditional asset pricing model

10.

The Impact of the Euro on Risk Exposure of the World's Major Banking Industries

Journal of International Money and Finance, Forthcoming
Number of pages: 43 Posted: 07 Sep 2004
Bill B. Francis and Delroy M. Hunter
University of South Florida - College of Business Administration and University of South Florida
Downloads 171 (141,850)
Citation 1

Abstract:

Euro currency risk, exchange rate exposure, bank exposure, currency risk premium, expected returns, cost of equity

11.

The Evolution of Stock Market Integration in the Post-Liberalization Period - A Look at Latin America

Journal of International Money and Finance, Forthcoming
Number of pages: 47 Posted: 07 Sep 2004
Delroy M. Hunter
University of South Florida
Downloads 163 (148,661)
Citation 7

Abstract:

Emerging markets, integration, liberalization, price of risk, systematic risk, ADR

12.

Does Hedging Tell the Full Story? Reconciling Differences in US Aggregate and Industry-Level Exchange Rate Risk Premia

Bank of Finland Research Discussion Paper No. 14/2008
Number of pages: 61 Posted: 28 May 2008
Bill B. Francis, Iftekhar Hasan and Delroy M. Hunter
Rensselaer Polytechnic Institute (RPI) - Lally School of Management, Gabelli School of Business, Fordham University and University of South Florida
Downloads 143 (159,575)
Citation 3

Abstract:

exposure, currency risk premium, cost of equity, industry competition, international asset pricing

13.

Linear and Nonlinear Dynamic Linkages between Emerging Market ADRs and their Underlying Stocks

Number of pages: 38 Posted: 07 Sep 2004
Delroy M. Hunter
University of South Florida
Downloads 142 (167,989)
Citation 1

Abstract:

ADR, underlying stocks, emerging market, Granger causality, cointegration, impulse response function, nonlinear causality

14.

Does Deposit Insurance Retard the Development of Financial Markets?

Number of pages: 54 Posted: 19 Mar 2012 Last Revised: 10 Jun 2014
St. Johns University, East Carolina University - Department of Finance, University of South Florida and Georgia State University - Department of Finance
Downloads 114 (155,169)
Citation 1

Abstract:

deposit insurance; financial market development; nonbank financial markets; risk-shifting

15.

Is there a Symmetric Nonlinear Causal Relationship between Large and Small Firms?

Number of pages: 30 Posted: 07 Sep 2004
Bill B. Francis, Delroy M. Hunter and Mbodja Mougoué
University of South Florida - College of Business Administration, University of South Florida and Wayne State University - Finance
Downloads 111 (186,953)
Citation 1

Abstract:

Granger causality, nonlinear causality, small firms, lead-lag relationship, cross-autocorrelation

16.

Do Fund Managers Use Private Information in their Asset Allocation Decisions? Evidence from Macroeconomic Announcements

Number of pages: 52 Posted: 07 Apr 2006
Bill B. Francis, Delroy M. Hunter and Boyce D. Watkins
University of South Florida - College of Business Administration, University of South Florida and Syracuse University - Department of Finance
Downloads 101 (200,457)

Abstract:

market timing, private information, macroeconomic announcement, managerial skill

17.

Do Bank-Credit Constraints Affect the Cost of Equity?

Number of pages: 57 Posted: 18 Mar 2009
Delroy M. Hunter
University of South Florida
Downloads 72 (263,992)

Abstract:

credit constraints, financial constraints, bank credit, bank credit policy, cost of equity, private information

18.

Rivals’ Competitive Activities, Capital Constraints, and Firm Growth

Number of pages: 62 Posted: 14 Apr 2015 Last Revised: 29 Mar 2017
Mikael C. Bergbrant, Delroy M. Hunter and Patrick J. Kelly
St. Johns University, University of South Florida and New Economic School, Moscow
Downloads 49 (220,205)

Abstract:

capital constraints; financial constraints; credit constraints; access to finance; product market competition; bank competition; credit rationing

19.

Do Credit Market Conditions Affect Firms’ Post-hedging Outcomes? Evidence from Bank Credit Standards and Firms’ Currency Exposure

Number of pages: 55 Posted: 23 Apr 2012 Last Revised: 04 Jul 2016
Mikael C. Bergbrant and Delroy M. Hunter
St. Johns University and University of South Florida
Downloads 48 (292,778)

Abstract:

financial constraints, credit constraints, credit standards, bank-credit channel, credit rationing, bank loan supply, exchange rate exposure, currency hedging

20.

Banks’ Private Information and the Supply of Equity Capital: Evidence from Share Issuance and Withdrawal

Number of pages: 50 Posted: 15 Oct 2012 Last Revised: 10 Jun 2014
Mikael C. Bergbrant, Daniel Bradley and Delroy M. Hunter
St. Johns University, University of South Florida and University of South Florida
Downloads 47 (283,440)

Abstract:

IPO, withdrawn IPO, credit standards, lending standards, private information

21.

Firm-Level Competition and Exchange Rate Exposure: Evidence from a Global Survey of Firms

Bergbrant, M., Campbell, K., and Hunter, D, 2014. Firm-Level Competition and Exchange Rate Exposure: Evidence from a Global Survey of Firms, in Financial Management, Forthcoming
Number of pages: 47 Posted: 11 Jun 2014
Mikael C. Bergbrant, Kaysia Campbell and Delroy M. Hunter
St. Johns University, East Carolina University - Department of Finance and University of South Florida
Downloads 28 (302,683)

Abstract:

firm-level competition, exchange rate exposure, foreign exchange risk, foreign trade, purely domestic firms, financial constraints

22.

Auditor Changes and the Cost of Bank Debt

Accounting Review, Forthcoming
Posted: 09 Jul 2016
Rensselaer Polytechnic Institute (RPI) - Lally School of Management, University of South Florida, University of South Florida, University of Tampa and University of Massachusetts Lowell - Department of Finance

Abstract:

auditor change, information risk, financial reporting quality, loan contracting, loan spreads

23.

Politically Conservative CEOs and Bank Loan Contracting

Posted: 26 May 2012
University of South Florida - College of Business Administration, University of South Florida, Texas A&M university- Kingsville and Virginia Tech

Abstract:

Political values, political conservatism, Republican managers, bank loan cost, loan spreads, cost of debt, non-price loan terms, overconfidence, trustworthiness

24.

Emerging Market Liberalization and Monetary Control

Number of pages: 65 Posted: 20 Mar 2010 Last Revised: 03 Jul 2016
Bill B. Francis, Delroy M. Hunter and Patrick J. Kelly
Rensselaer Polytechnic Institute (RPI) - Lally School of Management, University of South Florida and New Economic School, Moscow
Downloads 0 (248,427)

Abstract:

monetary policy, monetary control, investable stocks, non-investable stocks, financial liberalization, structural VAR

25.

What Drives Time Variation in Emerging Market Segmentation?

Journal of Financial Research, Forthcoming
Posted: 27 May 2004
Delroy M. Hunter
University of South Florida

Abstract:

Market segmentation, emerging markets, market integration