• The GDP, the US treasury yield and the federal funds rate: Who follows whom, when and why? 

      Seip, Knut Lehre; Zhang, Dan (Journal of Financial Economic Policy;, Peer reviewed; Journal article, 2021-06-08)
      Purpose: This study addresses the fundamental question on how the major players in the economy dynamically interact with each other: among the central bank, the investors in the bond market, and the firms and consumers ...
    • One dollar CEOs 

      Loureiro, Gilberto; Makhija, Anil; Zhang, Dan (Journal of Business Research;Volume 109, March 2020, Journal article; Peer reviewed, 2019-12-28)
      We study the impact of $1 CEO salaries on firm performance and CEO total compensation. We find that, on average, $1 CEO firms earn higher total compensation and lower Stock market returns relative to their peers after the ...
    • The yield curve as a leading indicator: accuracy and timing of a parsimonious forecasting model 

      Seip, Knut Lehre; Zhang, Dan (Forecasting;volume 3, issue 2, Peer reviewed; Journal article, 2021-05-28)
      Previous studies have shown that the treasury yield curve, T, forecasts upcoming recessions when it obtains a negative value. In this paper, we try to improve the yield curve model while keeping its parsimony. First, we ...