Matthew J. Clayton, Bjorn N. Jorgensen, Kenneth A. Kavajecz
remaining errors are our own responsibility.
Earnings Management and Accounting Income Aggregation* (2006)
John Jacob, Bjorn N. Jorgensen, Shuping Chen, John Core, Peter Easton, ...
University of Washington and an anonymous referee for their comments and suggestions. The Securities and Exchange Commission, as a matter of policy, disclaims responsibility for any private...
On the Formation and Structure of International Exchanges (1999)
Clayton, Matthew J., Jorgensen, Bjorn N., Kavajecz, Kenneth A.
We investigate the formation and structure of 248 financial exchanges throughout the world. First, we empirically analyze the determinants of exchange formation as well as the impact of exchange...
On the Formation and Structure of International Exchanges (1999)
Clayton, Matthew J., Jorgensen, Bjorn N., Kavajecz, Kenneth A.
We investigate the formation and structure of 248 financial exchanges throughout the world. First, we empirically analyze the determinants of exchange formation as well as the impact of exchange...
Cross Holding and Imperfect Product Markets (1999)
Clayton, Matthew J., Jorgensen, Bjorn N.
We consider a setting in which two firms first choose equity positions in each others stock (cross holdings) and then compete in an imperfect product market. We demonstrate that cross holdings lead...
Cross Holding and Imperfect Product Markets (1999)
Clayton, Matthew J., Jorgensen, Bjorn N.
We consider a setting in which two firms first choose equity positions in each others stock (cross holdings) and then compete in an imperfect product market. We demonstrate that cross holdings lead...
Cross Holding and Imperfect Product Markets (1998)
Clayton, Matthew J., Jorgensen, Bjorn N.
We consider a two stage game where two firms first take positions in each other's equity (cross holding) and next compete in an imperfect product market. When the firms' products are substitutes, the...
Cross Holding and Imperfect Product Markets (1998)
Clayton, Matthew J., Jorgensen, Bjorn N.
We consider a two stage game where two firms first take positions in each other's equity (cross holding) and next compete in an imperfect product market. When the firms' products are substitutes, the...
On the presence and market-structure of exchanges around the world
Clayton, Matthew J., Jorgensen, Bjorn N., Kavajecz, Kenneth A.
Comparing downside risk measures for heavy tailed distributions
Danielsson, Jon, Jorgensen, Bjorn N., Sarma, Mandira, De Vries, Casper G.
On the Formation and Structure of International Exchanges
Matthew J. Clayton, Bjorn N. Jorgensen, Kenneth A. Kavajecz
We investigate the formation and structure of 248 financial exchanges throughout the world. First, we empirically analyze the determinants of exchange formation as well as the impact of exchange...
The value of value at risk: statistical, financial, and regulatory considerations (summary)
Jon Danielsson, Bjorn N. Jorgensen
Risk ; Forecasting
Cross Holding and Imperfect Product Markets
Matthew J. Clayton, Bjorn N. Jorgensen
We consider a setting in which two firms first choose equity positions in each others stock (cross holdings) and then compete in an imperfect product market. We demonstrate that cross holdings lead...
On the Formation and Structure of International Exchanges
Matthew J. Clayton, Bjorn N. Jorgensen, Kenneth A. Kavajecz
We investigate the formation and structure of 248 financial exchanges throughout the world. First, we empirically analyze the determinants of exchange formation as well as the impact of exchange...
Cross Holding and Imperfect Product Markets
Matthew J. Clayton, Bjorn N. Jorgensen
We consider a two stage game where two firms first take positions in each other's equity (cross holding) and next compete in an imperfect product market. When the firms' products are substitutes, the...
Optimal Cross Holding with Externalities and Strategic Interactions
Matthew J. Clayton, Bjorn N. Jorgensen
We analyze a two period setting where firms first choose equity positions in each other and second engage in operating activities that cause externalities. Firms facing positive externalities...