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Lieven Baele's publications

Asset Pricing - International Finance

The Determinants of Stock and Bond Return Comovements, with Geert Bekaert and Koen Inghelbrecht. Review of Financial Studies, Vol. 23, Nr. 6. June 2010. Also available as NBER Working Paper 15260
The Determinants of Increasing Equity Market Comovement: Economic or Financial Integration?, with Pilar Soriano. Forthcoming in the Review of World Economics.

Time-Varying Integration, Interdependence, and Contagion, with Koen Inghelbrecht. Journal of International Money and Finance, Vol. 29, Nr. 5, 791-818. September 2010.

Time-Varying Integration and International Diversification Strategies, with Koen Inghelbrecht. Journal of Empirical Finance, Vol. 16, No. 3, 368-387. June 2009.

Model Uncertainty, Financial Markets Integration and the Home Bias Puzzle, with Crina Pungulescu and Jenke ter Horst. Journal of International Money and Finance. 2007

Volatility Spillover Effects in European Equity Markets, Journal of Financial and Quantitative Analysis, Vol. 40, No. 2, June 2005.

Measuring European Financial Integration, with A. Ferrando, P. Hördahl, E. Krylova, and C. Monnet, Oxford Review of Economic Policy, Vol. 20, No. 4, Winter 2004. Reprinted in Handbook of European Financial Markets and Institutions, edited by Xavier Freixas, Philipp Hartmann, and Colin Mayer, Oxford University Press.

Measuring Financial Integration in the Euro Area, with A. Ferrando, P. Hördahl, E. Krylova, and C. Monnet, European Central Bank Occasional Paper, , Nr. 14, May 2004.

Did EMU increase Equity Market Correlations?, Financieel Forum, Bank en Financiewezen, september 2003, Volume 6.

Bond and Equity Market Integration, with A. Ferrando. Forthcoming in: M. Grande, J. Berg, and F. Mongelli (Eds.), Elements of the Euro Area: Integrating Financial Markets, Ashgate, London.

Empirical Banking

Does the Stock Market Value Bank Diversification?, with Olivier de Jonghe and Rudi Vander Vennet, Journal of Banking and Finance, 2007.

Bank Risk and the Business Cycle, with Olivier de Jonghe and Rudi Vander Vennet, In Morten Balling, Frank Lierman and Andrew M. Mullineaux, Competition and profitability in European financial services, Routledge, 257-284.

Preprints are in PDF-format. Download Acrobat Reader here