Dr. Ronald Balvers
Professor / Chair, Finance & Business Economics / Michael Lee-Chin & Family Chair in Investment & Portfolio Management
Finance & Business Economics
CONTACT INFORMATION
BIO
Finance and Business Economics, DeGroote School of Business, McMaster University Michael Lee-Chin & Family Chair in Investment and Portfolio Management, Area of expertise is Asset Pricing and Financial Markets, Investments.
JOURNAL PUBLICATIONS
July 2022
Seasonality And Momentum Across National Equity Markets
JOURNAL : THE NORTH AMERICAN JOURNAL OF ECONOMICS AND FINANCE
CONTRIBUTORS: Jian Song, Ronald Balvers
December 2021
Determinants And Predictability Of Commodity Producer Returns
JOURNAL : JOURNAL OF BANKING & FINANCE
CONTRIBUTORS: Qiao Wang, Ronald Balvers
March 2021
Designing A Global Digital Currency
JOURNAL : JOURNAL OF INTERNATIONAL MONEY AND FINANCE
CONTRIBUTORS: Ronald Balvers, Bill Mcdonald
June 2018
Distinguishing Factors And Characteristics With Characteristic-mimicking Portfolios
CONTRIBUTORS: Ronald Balvers, H arthur Luo
October 2017
Profitability, Value, And Stock Returns In Production?based Asset Pricing Without Frictions
JOURNAL : JOURNAL OF MONEY CREDIT AND BANKING
CONTRIBUTORS: Ronald Balvers, Li Gu, Dayong Huang
April 2017
Temperature Shocks And The Cost Of Equity Capital: Implications For Climate Change Perceptions
JOURNAL : JOURNAL OF BANKING & FINANCE
CONTRIBUTORS: Ronald Balvers, Ding Du, Xiaobing Zhao
February 2017
Social Screens And Systematic Investor Boycott Risk
JOURNAL : JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS
CONTRIBUTORS: Ronald Balvers
February 2017
Social Screens And Systematic Investor Boycott Risk
JOURNAL : JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS
CONTRIBUTORS: H arthur Luo, Ronald Balvers
November 2016
Financial Disclosure And Customer Satisfaction: Do Companies Talking The Talk Actually Walk The Walk?
JOURNAL : JOURNAL OF BUSINESS ETHICS
CONTRIBUTORS: Ronald Balvers, John f Gaski, Bill Mcdonald
March 2014
Currency Risk Premia And Uncovered Interest Parity In The International Capm
JOURNAL : JOURNAL OF INTERNATIONAL MONEY AND FINANCE
CONTRIBUTORS: Ronald Balvers, Alina f Klein
December 2012
Transitory Market States And The Joint Occurrence Of Momentum And Mean Reversion
JOURNAL : THE JOURNAL OF FINANCIAL RESEARCH
CONTRIBUTORS: Ronald Balvers, Ou Hu, Dayong Huang
February 2010
Optimal Transaction Filters Under Transitory Trading Opportunities: Theory And Empirical Illustration
JOURNAL : JOURNAL OF FINANCIAL MARKETS
CONTRIBUTORS: Ronald Balvers, Yangru Wu
September 2009
Evaluation Of Linear Asset Pricing Models By Implied Portfolio Performance
JOURNAL : JOURNAL OF BANKING AND FINANCE
CONTRIBUTORS: Ronald Balvers, Dayong Huang
April 2009
Money And The C-capm
JOURNAL : JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS
CONTRIBUTORS: Ronald Balvers, Dayong Huang
April 2009
Money And The C-capm
JOURNAL : JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS
CONTRIBUTORS: Ronald Balvers, Dayong Huang
November 2007
Productivity-based Asset Pricing: Theory And Evidence
CONTRIBUTORS: Ronald Balvers, Dayong Huang
November 2007
Productivity-based Asset Pricing: Theory And Evidence
JOURNAL : JOURNAL OF FINANCIAL ECONOMICS
CONTRIBUTORS: Ronald Balvers, Dayong Huang
January 2007
Reducing The Dimensionality Of Linear Quadratic Control Problems
JOURNAL : JOURNAL OF ECONOMIC DYNAMICS AND CONTROL
CONTRIBUTORS: Ronald Balvers, Douglas w Mitchell
January 2006
Momentum And Mean Reversion Across National Equity Markets
JOURNAL : JOURNAL OF EMPIRICAL FINANCE
CONTRIBUTORS: Ronald Balvers, Yangru Wu
October 2004
Time Preference And Life Cycle Consumption With Endogenous Survival
JOURNAL : ECONOMIC INQUIRY
CONTRIBUTORS: Arnab k Acharya, Ronald Balvers
October 2002
Government Expenditure And Equilibrium Real Exchange Rates
JOURNAL : JOURNAL OF INTERNATIONAL MONEY AND FINANCE
CONTRIBUTORS: Ronald Balvers, Jeffrey h Bergstrand
April 2002
Government Expenditures And Equilibrium Real Exchange Rates
JOURNAL : WORKING PAPER OF THE HELEN KELLOGG INSTITUTE FOR INTERNATIONAL STUDIES
CONTRIBUTORS: Ronald Balvers, Jh Bergstrand
November 2000
Global Financial Markets
JOURNAL : CFA DIGEST
CONTRIBUTORS: Ronald Balvers, Yangru Wu, Erik Gilliland, Roger Ignatius
July 2000
Exchange Rate Shocks And The Speed Of Trade Price Adjustment
JOURNAL : SOUTHERN ECONOMIC JOURNAL
CONTRIBUTORS: Jimmy Ran, Ronald Balvers
July 2000
Exchange Rate Shocks And The Speed Of Trade Price Adjustment
JOURNAL : SOUTHERN ECONOMIC JOURNAL
CONTRIBUTORS: Jimmy Ran, Ronald Balvers
April 2000
Mean Reversion Across National Stock Markets And Parametric Contrarian Investment Strategies
JOURNAL : THE JOURNAL OF FINANCE
CONTRIBUTORS: Ronald Balvers, Yangru Wu, Erik Gilliland
April 2000
Precaution And Liquidity In The Demand For Housing
JOURNAL : ECONOMIC INQUIRY
CONTRIBUTORS: Ronald Balvers, L Szerb
January 2000
Efficient Gradualism In Intertemporal Portfolios
JOURNAL : JOURNAL OF ECONOMIC DYNAMICS AND CONTROL
CONTRIBUTORS: Ronald Balvers, Douglas w Mitchell
November 1997
Autocorrelated Returns And Optimal Intertemporal Portfolio Choice
JOURNAL : MANAGEMENT SCIENCE
CONTRIBUTORS: Ronald Balvers, Douglas w Mitchell
June 1997
Equilibrium Real Exchange Rates: Closed-form Theoretical Solutions And Some Empirical Evidence
JOURNAL : JOURNAL OF INTERNATIONAL MONEY AND FINANCE
CONTRIBUTORS: Ronald Balvers, Jeffrey h Bergstrand
January 1997
The Composition Of Public Expenditure In A Dynamic Macro Model Of Monopolistic Competition
JOURNAL : SOUTHERN ECONOMIC JOURNAL
CONTRIBUTORS: Ronald Balvers
August 1996
Location In The Hotelling Duopoly Model With Demand Uncertainty
JOURNAL : EUROPEAN ECONOMIC REVIEW
CONTRIBUTORS: Ronald Balvers, Lázló Szerb
October 1994
Inflation Variability And Gradualist Monetary Policy
JOURNAL : THE REVIEW OF ECONOMIC STUDIES
CONTRIBUTORS: Ronald Balvers, Tf Cosimano
September 1993
Periodic Learning About A Hidden State Variable
JOURNAL : JOURNAL OF ECONOMIC DYNAMICS AND CONTROL
CONTRIBUTORS: Ronald Balvers, Thomas f Cosimano
June 1993
The Underpricing Of Initial Public Offerings: A Theoretical And Empirical Reconsideration Of The Adverse Selection Hypothesis
JOURNAL : REVIEW OF QUANTITATIVE FINANCE AND ACCOUNTING
CONTRIBUTORS: Ronald Balvers, John Affleck-graves, Robert e Miller, Kevin Scanlon
December 1992
Profits Under Conditions Of Uncertainty*
JOURNAL : AUSTRALIAN ECONOMIC PAPERS
CONTRIBUTORS: Ronald Balvers, Norman c Miller
July 1992
Factor Demand Under Conditions Of Product Demand And Supply Uncertainty
JOURNAL : ECONOMIC INQUIRY
CONTRIBUTORS: Ronald Balvers, Norman c Miller
February 1992
A Keynesian General Equilibrium Model With Competitive Firms And Rational Expectations
JOURNAL : JOURNAL OF ECONOMICS
CONTRIBUTORS: Ronald Balvers
September 1990
Predicting Stock Returns In An Efficient Market
JOURNAL : THE JOURNAL OF FINANCE
CONTRIBUTORS: Ronald Balvers, Thomas f Cosimano, Bill Mcdonald
September 1990
Actively Learning About Demand And The Dynamics Of Price Adjustment
JOURNAL : THE ECONOMIC JOURNAL
CONTRIBUTORS: Ronald Balvers, Thomas f Cosimano
September 1990
Predicting Stock Returns In An Efficient Market
JOURNAL : THE JOURNAL OF FINANCE
CONTRIBUTORS: Ronald Balvers, Thomas f Cosimano, Bill Mcdonald
August 1990
Variability And The Duration Of Search
JOURNAL : INTERNATIONAL ECONOMIC REVIEW
CONTRIBUTORS: Ronald Balvers
October 1988
Money Supply Variability In A Macro Model Of Monopolistic Competition
JOURNAL : ECONOMIC INQUIRY
CONTRIBUTORS: Ronald Balvers
October 1988
Underpricing Of New Issues And The Choice Of Auditor As A Signal Of Investment Banker Reputation
JOURNAL : ACCOUNTING REVIEW
CONTRIBUTORS: Ronald Balvers, B Mcdonald, Re Miller
April 1988
Monopoly Power And Downward Price Rigidity Under Costly Price Adjustment
JOURNAL : BULLETIN OF ECONOMIC RESEARCH
CONTRIBUTORS: Ronald BalversOTHER PUBLICATIONS
November 2020
Productivity Gaps And Global Systematic Risk Exposure: Pricing Country-industry Portfolios
CONTRIBUTORS: Punit Anand, Ronald Balvers, Lee-chin family institute for strategic business studies Michael
January 2020
Productivity Gaps And Global Systematic Risk Exposure: Pricing Country-industry Portfolios
CONTRIBUTORS: Punit Anand, Ronald Balvers
January 2020
Do Futures Premiums Predict Commodity Producer Returns?
CONTRIBUTORS: Qiao Wang, Ronald Balvers
January 2018
Distinguishing Factors And Characteristics With Characteristic-mimicking Portfolios
CONTRIBUTORS: Ronald Balvers, H arthur Luo
January 2018
Efficient Factor Selection: Explaining Risk And Mean Returns Jointly
CONTRIBUTORS: Ronald Balvers, Adam Stivers
December 2016
Asset Valuation
CONTRIBUTORS: Ronald Balvers, Lee-chin family institute for strategic business studies Michael
September 2016
Arbitrage Pricing Restrictions And The Predictability Of Stock Returns By Statistical Factor Analysis
CONTRIBUTORS: Ronald Balvers, Adam Stivers, Lee-chin family institute for strategic business studies Michael
January 2013
Currency Risk Premia And Uncovered Interest Parity In The International Capm
CONTRIBUTORS: Ronald Balvers, Alina f Klein
January 2013
Profitability And Stock Returns In Production-based Asset Pricing With Decreasing Returns To Scale
CONTRIBUTORS: Ronald Balvers, Li Gu, Dayong Huang
January 2013
Capital Utilization And Stock Returns
CONTRIBUTORS: Li Gu, Ronald Balvers, Dayong Huang
2012
The Adverse Impact Of Gradual Temperature Change On Capital Investment
CONTRIBUTORS: Ronald Balvers, Ding Du, Xiaobing Zhao
September 2009
Evaluation Of Linear Asset Pricing Models By Implied Portfolio Performance
CONTRIBUTORS: Ronald Balvers, Dayong Huang
2009
What Do Financial Markets Reveal About Global Warming?
CONTRIBUTORS: Ronald Balvers, Ding Du, Xiabing Zhao
2005
Linear Riccati Dynamics, Constant Feedback, And Controllability In Linear Quadratic Control Problems
CONTRIBUTORS: Ronald Balvers, Douglas Mitchell
2005
Evaluation Of Linear Asset Pricing Models By Implied Portfolio Performance
CONTRIBUTORS: Ronald Balvers, Dayong Huang
May 2002
Stock Market Integration, Return Forecastability And Implications For Market Efficiency: A Panel Study
CONTRIBUTORS: Ronald Balvers, Yangru Wu
April 2001