/channels/taxonomy/term/14140/all en /channels/channels/news/learning-biodiversity-diversity-financial-ecosystems-important-economic-growth-and-stability-355344 <p><img alt="Vihang R Errunza" src="/desautels/files/desautels/styles/medium_focal__220_x_220_/public/vihang-errunza-400.jpg?itok=pdMWkTK6" style="width:220px; height:220px; float:left; margin:8px" title="Vihang R Errunza" /></p> <p><strong>Authors:</strong>: <a href="/desautels/vihang-r-errunza"><b>Vihang R. Errunza</b></a>, Basma Majerbi and Maxwell Tuuli</p> <p><strong>Publication:</strong> <i>IMF Economic Review, </i>Forthcoming</p> Fri, 09 Feb 2024 19:18:04 +0000 webfull 197678 at /channels /channels/channels/news/how-liquidity-priced-global-markets-337194 <p>Investors pay a premium for liquidity, but exactly how much do they pay and how does that vary? Desautels Professor Vihang Errunza investigates that question with a new international asset pricing model.</p> Thu, 27 Jan 2022 23:31:32 +0000 webfull 177370 at /channels /channels/channels/news/professor-emmanuelle-vaast-named-associate-dean-research-322325 <p>As Professor <a href="//www.mcgill.ca/desautels/vihang-r-errunza"><b>Vihang Errunza</b></a> steps down from his role as Associate Dean of Research at the Desautels Faculty of Management, Professor <b><a href="//www.mcgill.ca/desautels/emmanuelle-vaast">Emmanuelle Vaast</a> </b>is gearing up to take the reins.<b> </b></p> Fri, 22 May 2020 16:32:26 +0000 webfull 160864 at /channels /channels/channels/news/measuring-sovereign-bond-market-integration-300590 <p><strong>Authors:</strong> Ines Chaieb, <a href="//www.mcgill.ca/desautels/vihang-r-errunza" target="_blank"><strong>Vihang Errunza</strong></a>, and Rajna Gibson Brandon</p> <p><strong>Publication:</strong> <em>The Review of Financial Studies</em>, Forthcoming</p> <p><strong>Abstract:</strong></p> <p>There is significant heterogeneity in the degree and dynamics of sovereign bond market integration across 21 developed and 18 emerging countries. We show that better spanning can significantly enhance market integration through local risk premia dissipation. Integration of the sovereign bond markets increases on average by about 10%, when a country moves from the 25th percentile to the 75th percentile as a result of higher political stability and credit quality, lower inflation and inflation risk, and lower illiquidity. The 10% increase in integration leads to, on average, a decrease in the sovereign cost of funding of about 1% per annum.</p> <p> Thu, 12 Sep 2019 18:17:42 +0000 webfull 153069 at /channels /channels/channels/news/desautels-22-top-tier-management-journals-282312 <p>Desautels prides itself on being a research-intensive management faculty that brings together scholars with a broad range of expertise, including mathematics, economics, psychology, sociology, and technology. Together, they address in their work issues of great importance to not only the business community, but also to society.</p> Fri, 27 Oct 2017 16:50:17 +0000 webfull 132271 at /channels /channels/channels/news/professor-vihang-errunza-named-fellow-royal-society-canada-270194 <p>The Desautels Faculty of Management is pleased to congratulate Professor <strong><a href="//www.mcgill.ca/desautels/vihang-r-errunza">Vihang Errunza</a></strong>, Associate Dean, Research, on being named a Fellow of the Royal Society of Canada’s Social Sciences Academy.</p> Fri, 08 Sep 2017 21:05:13 +0000 webfull 130965 at /channels /channels/channels/news/corporate-governance-and-state-expropriation-risk-253412 <p><strong>Authors: </strong>Col, B., Errunza, V.</p> <p><strong>Publication: </strong>Journal of Corporate Finance</p> <p><strong>Abstract</strong></p> Thu, 04 Jun 2015 22:09:39 +0000 webfull 110572 at /channels /channels/news/finance-paper-wins-top-award-100249 Wed, 01 Oct 2008 14:18:59 +0000 mark.styles@Æ»¹ûÒùÔº.Ca 75004 at /channels /channels/channels/news/impact-investability-asset-valuation-257671 <p><strong>Authors:</strong> <span><strong>Errunza, V.</strong>, </span><span>Ta, H.</span></p> <p><strong>Publication:</strong> <em>Journal of Financial and Quantitative Analysis,</em> Vol. 50, No. 5, 2015</p> <p><strong>Abstract: </strong></p> Fri, 08 Jan 2016 21:14:35 +0000 webfull 115010 at /channels /channels/news/mba-finance-professors-win-top-paper-award-100299 Wed, 04 Mar 2009 16:22:05 +0000 mark.styles@Æ»¹ûÒùÔº.Ca 75012 at /channels /channels/news/finance-emerging-markets-260244 <p>Editor: <strong>Vihang Errunza </strong></p> <p>Publication: Routledge</p> <p>Abstract: </p> Fri, 08 Apr 2016 14:29:14 +0000 webfull 118020 at /channels /channels/news/professors-francesca-carrieri-and-vihang-errunza-win-emerald-management-reviews-citation-excellence-211869 Tue, 08 Nov 2011 20:44:41 +0000 mark.styles@Æ»¹ûÒùÔº.Ca 83184 at /channels /channels/news/potential-international-diversification-disappearing-dynamic-copula-approach-219267 <p><strong>Authors:</strong> Christoffersen, Peter F.; <strong>Errunza, Vihang R.</strong>; Jacobs, Kris; <b>Langlois, Hugues</b></p> <p><strong>Abstract: </strong></p> Tue, 04 Dec 2012 15:48:03 +0000 webfull 88863 at /channels /channels/news/do-implicit-barriers-matter-globalization-review-financial-studies-226074 <p><strong>Authors:</strong> <strong>Carrieri, Francesca</strong>; Chaieb, Ines; <strong>Errunza, Vihang</strong></p> <p><strong>Publication:</strong> Review of Financial Studies, 2013</p> <p><strong>Abstract:</strong></p> Fri, 26 Apr 2013 18:40:44 +0000 webfull 95966 at /channels