This paper examines the informational impact of traded balance announcements on asset
prices including equities, currrencies, long- and short-term debt instruments, and financial …

This study documents significant asymmetrical impact of information in trade balance
announcements on prices of assets such as equities and foreign exchange rates. Interestingly, …

The purpose of this article is to investigate the rationality of two survey forecasts of selective
US macroeconomic performance measures that were widely followed in the financial …

… SCHIRM is assistant professor in the department of economics and f nance, John Carroll
University. RICHARD G. SHEEHAN is associate professor in the department of f nance and …

… Schirm, PhD, is chair of the department of economics and finance, both at the Baler
School of Business, John Carroll University, University Heights, Ohio. …

This study investigates if and how the previously documented predictive power of January
returns is affected by the political-business cycle. The evidence presented here shows that …

An examination of investor expectations of the likelihood of firms to call warrants derives the
implicit expected lives--or maturities--of callable warrants from their market prices. The data …

This note examines whether listing on a major exchange raises the value of warrants. Such
an increase is plausible, given the generally small size of warrant issues and the enhanced …

This paper provides new evidence of the international influence of national macroeconomic
news. It is documented that announcements of US trade balances significantly influence …

The purpose of this dissertation is to test the hypothesis that changes in international investor
exchange rate expectations may have made short-term US interest rates unreliable targets …