This paper discusses the financial risks faced by the UK Pension Protection Fund (PPF) and what, if anything, it can do about them. It draws lessons from the regulatory regimes under which other financial institutions, ...
Blake, David; Cotter, John; Dowd, Kevin(University College Dublin. School of Business. Centre for Financial MarketsUniversity College Dublin. School of Business, 2006-11)
This paper discusses the financial risks faced by the UK Pension Protection Fund
(PPF) and what, if anything, it can do about them. It draws lessons from the
regulatory regimes under which other financial institutions, ...
This paper studies 14 companies which were subject to an official investigation arising from the publication of fraudulent financial statements. The research found senior management to be responsible for most fraud. Recording ...
Using a sample of 1154 European firms from 11 countries, we show that firm-level
exchange exposure for Eurozone and non-Eurozone European firms has increased since
the introduction of the euro, but this rise was smaller ...
Cotter, John; Bredin, Donal(University College Dublin. School of Business. Centre for Financial Markets, 2006-06)
This report examines the impact of foreign exchange exposure on Irish exporters. The
analysis is completed for aggregate (total) exports and sectoral exports between 1992
and 2005 inclusive. These fourteen years encompasses ...
We investigate the influence of foreign monetary policy decisions on the volatility
of the Irish stock market. Specifically, we examine the influence of US monetary policy announcements on the ISEQ. We find evidence of ...
The last ten years has seen the introduction and rapid growth of a market in weather derivatives, financial instruments whose payoffs are determined by the outcome of an underlying weather metric. These instruments allow ...
Unlike mutual and pension funds, which are heavily regulated in most juristrictions, hedge funds are largely unregulated. Because they are not required to report to regulators and to the public, data on hedge fund performance ...
Cotter, John; Hanly, Jim(University College Dublin. School of Business. Centre for Financial Markets, 2005)
We examine whether hedging effectiveness is affected by asymmetry in the return distribution by applying tail specific metrics to compare the hedging effectiveness of short and long hedgers using crude oil futures contracts. ...
Cotter, John; Hanly, Jim(University College Dublin. School of Business. Centre for Financial Markets, 2007)
We examine whether hedging effectiveness is affected by asymmetry in the return distribution by applying tail specific metrics to compare the hedging effectiveness of short and long hedgers
using crude oil futures contracts. ...
Cotter, John; Hanly, Jim(University College Dublin. School of Business. Centre for Financial MarketsUniversity College Dublin. Geary Institute, 2009-08)
This paper examines the volatility and covariance dynamics of cash and futures
contracts that underlie the Optimal Hedge Ratio (OHR) across different hedging time
horizons. We examine whether hedge ratios calculated over ...
This paper investigates the risk-return relationship in determination of housing asset pricing. In so doing, the paper evaluates behavioral hypotheses advanced by Case and Shiller (1988, 2002, 2009) in studies of boom and ...