Journal Publications

ZORA Publication List

Publications

• 2025

  • Nyborg, K. G., & Woschitz, J. (2025). Robust difference-in-differences analysis when there is a term structure Journal of Financial Economics, 170, 104081. https://doi.org/10.1016/j.jfineco.2025.104081

• 2021

  • Nyborg, K. G., & Wang, Z. (2021). The Effect of Stock Liquidity on Cash Holdings: The Repurchase Motiv Journal of Financial Economics, 142, 905–927. https://doi.org/10.1016/j.jfineco.2021.05.027

• 2020

  • Mukhlynina, L., & Nyborg, K. G. (2020). The Choice of Valuation Techniques in Practice: Education Versus Profession Critical Finance Review, 9, 201–265. https://doi.org/10.1561/104.00000088

• 2018

  • Cooper, I. A., & Nyborg, K. G. (2018). Consistent valuation of project finance and LBOs using the flows-to-equity method European Financial Management, 24, 34–52. https://doi.org/10.1111/eufm.12136

• 2017

  • Nyborg, K. G. (2017). Central bank collateral frameworks Journal of Banking and Finance, 76, 198–214. https://doi.org/10.1016/j.jbankfin.2016.12.010

• 2014

  • Nyborg, K. G., & Östberg, P. (2014). Money and liquidity in financial markets Journal of Financial Economics, 112, 30–52. https://doi.org/10.1016/j.jfineco.2013.12.003

• 2013

  • Molnár, P., & Nyborg, K. G. (2013). Tax-adjusted discount rates: a general formula under constant leverage ratios tax-adjusted discount rates European Financial Management, 19, 419–428. https://doi.org/10.1111/j.1468-036X.2011.00619.x
  • Bhattacharya, S., & Nyborg, K. G. (2013). Bank bailout menus Review of Corporate Finance Studies, 2, 29–61. https://doi.org/10.1093/rcfs/cft001

• 2011

  • Fecht, F., Nyborg, K. G., & Rocholl, J. (2011). The price of liquidity: The effects of market conditions and bank characteristics Journal of Financial Economics, 102, 344–362. https://doi.org/10.1016/j.jfineco.2011.05.015
  • Anderson, R. W., & Nyborg, K. G. (2011). Financing and growth under repeated moral hazard Journal of Financial Intermediation, 20, 1–24. https://doi.org/10.1016/j.jfi.2009.12.001

• 2009

  • Bindseil, U., Nyborg, K. G., & Strebulaev, I. A. (2009). Repo auctions and the market for liquidity Journal of Money, Credit and Banking, 41, 1391–1421. https://doi.org/10.1111/j.1538-4616.2009.00261.x

• 2008

  • Fecht, F., Nyborg, K. G., & Rocholl, J. (2008). Liquidity management and overnight rate calendar effects: Evidence from German banks North American Journal of Economics and Finance, 19, 7–21. https://doi.org/10.1016/j.najef.2007.09.003
  • Cooper, I. A., & Nyborg, K. G. (2008). Tax-adjusted discount rates with investor taxes and risky debt Financial Management, 37, 365–379. https://doi.org/10.1111/j.1755-053X.2008.00016.x

• 2007

  • Cooper, I., & Nyborg, K. G. (2007). Valuing the Debt Tax Shield Journal of Applied Corporate Finance, 19, 30–39. https://doi.org/10.1111/j.1745-6622.2007.00135.x

• 2006

  • Cooper, I. A., & Nyborg, K. G. (2006). The value of tax shields IS equal to the present value of tax shields Journal of Financial Economics, 81, 215–225. https://doi.org/10.1016/j.jfineco.2005.07.003

• 2005

  • Keloharju, M., Nyborg, K. G., & Rydqvist, K. (2005). Strategic behavior and underpricing in uniform price auctions: Evidence from finnish treasury auctions Journal of Finance, 60, 1865–1902. https://doi.org/10.1111/j.1540-6261.2005.00782.x

• 2004

  • Kremer, I., & Nyborg, K. G. (2004). Divisible good auctions: the role of allocation rules RAND Journal of Economics, 35, 147–159. https://doi.org/10.2307/1593734
  • Kremer, I., & Nyborg, K. G. (2004). Underpricing and market power in uniform price auctions Review of Financial Studies, 17, 849–877. https://doi.org/10.1093/rfs/hhg051

• 2003

  • Nyborg, K. G., & Strebulaev, I. A. (2003). Multiple Unit Auctions and Short Squeezes Review of Financial Studies, 17, 545–580. https://doi.org/10.1093/rfs/hhg038

• 2002

  • Anderson, R. W., & Nyborg, K. G. (2002). Agency and the pace of adoption of new techniques Recherches Economiques de Louvain, 68, 203–220. https://doi.org/10.3917/rel.681.0203

Pagination