NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Richard K. Lyons

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NBER Program Affiliations: IFM , AP
NBER Affiliation: Research Associate

NBER Working Papers and Publications

June 2007Exchange Rate Fundamentals and Order Flow
with Martin D. D. Evans: w13151

Published: Martin D. D. Evans & Richard K. Lyons, 2012. "Exchange Rate Fundamentals and Order Flow," Quarterly Journal of Finance, vol 02(04).

November 2005Understanding Order Flow
with Martin D. D. Evans: w11748

Published: Evans, Martin D. D. and Richard K. Lyons. "Understanding Order Flow," International Journal of Finance and Economics, 2006, v11(1,Jan), 3-23. citation courtesy of

March 2005An Information Approach to International Currencies
with Michael J. Moore: w11220

Published: Lyons, Richard K. & Moore, Michael J., 2009. "An information approach to international currencies," Journal of International Economics, Elsevier, vol. 79(2), pages 211-221, November. citation courtesy of

January 2005Do Currency Markets Absorb News Quickly?
with Martin D.D. Evans: w11041

Published: Evans, Martin D.D. & Lyons, Richard K., 2005. "Do currency markets absorb news quickly?," Journal of International Money and Finance, Elsevier, vol. 24(2), pages 197-217, March. citation courtesy of

Meese-Rogoff Redux: Micro-Based Exchange Rate Forecasting
with Martin D.D. Evans: w11042

Published: Evans, Martin D. D. and Richard K. Lyons. "Meese-Rogoff Redux: Micro-Based Exchange-Rate Forecasting," American Economic Review, 2005, v95(2,May), 405-414. citation courtesy of

March 2004A New Micro Model of Exchange Rate Dynamics
with Martin D.D. Evans: w10379

Published: Evans, Martin D. D. and Richard K. Lyons. "Meese-Rogoff Redux: Micro-Based Exchange-Rate Forecasting," American Economic Review, 2005, v95(2,May), 405-414.

August 2003Inventory Information
with H. Henry Cao, Martin D.D. Evans: w9893

Published: H. Henry Cao & Martin D. Evans & Richard K. Lyons, 2006. "Inventory Information," Journal of Business, University of Chicago Press, vol. 79(1), pages 325-364, January. citation courtesy of

January 2003How is Macro News Transmitted to Exchange Rates?
with Martin D. D. Evans: w9433

Published: Evans, Martin D.D.,and Richard K. Lyons. "How is Macro News Transmitted to Exchange Rates?". Journal of Financial Economics, Volume 88, Issue 1, April 2008, Pages 26-50 citation courtesy of

September 2001Fixed versus Flexible: Lessons from EMS Order Flow
with William P. Killeen, Michael J. Moore: w8491

Published: Killeen, William P., Richard K. Lyons and Michael J. Moore. "Fixed Versus Flexible: Lessons From EMS Order Flow," Journal of International Money and Finance, 2006, v25(4,Jun), 551-579. citation courtesy of

July 2001Portfolio Balance, Price Impact, and Secret Intervention
with Martin D. D. Evans: w8356
August 2000Managers, Investors, and Crises: Mutual Fund Strategies in Emerging Markets
with Graciela Kaminsky, Sergio Schmukler: w7855

Published: Kaminsky, Graciela, Richard K. Lyons and Sergio L. Schmukler. "Managers, Investors, Crises: Mutual Fund Strategies In Emerging Markets," Journal of International Economics, 2004, v64(1,Oct), 113-134. citation courtesy of

August 1999Order Flow and Exchange Rate Dynamics
with Martin D.D. Evans: w7317

Published: Evans, Martin D. D. and Richard K. Lyons. "Order Flow And Exchange Rate Dynamics," Journal of Political Economy, 2002, v110(1,Feb), 170-180. citation courtesy of

February 1997Is There Private Information in the FX Market? The Tokyo Experiment
with Takatoshi Ito, Michael T. Melvin: w5936

Published: Journal of Finance (June 1998): 1111-1130. citation courtesy of

January 1996Foreign Exchange Volume: Sound and Fury Signifying Nothing?
in The Microstructure of Foreign Exchange Markets, Jeffrey A. Frankel, Giampaolo Galli, Alberto Giovannini, editors
January 1995Explaining Forward Exchange Bias..Intraday
with Andrew K. Rose: w4982

Published: Journal of Finance, vol. 50, no. 4, pp. 1321-1329, September 1995 citation courtesy of

Foreign Exchange Volume: Sound and Fury Signifying Nothing?
w4984

Published:

September 1993Optimal Transparency in a Dealership Market with an Application to Foreign Exchange
w4467

Published: Journal of Financial Intermediation, July 1996, vol. 5, pp. 225-254, withtitle change: "Optimal Transparency in a Dealer Market with an Applicationto Foreign Exchange."

Tests of Microstructural Hypotheses in the Foreign Exchange Market
w4471

Published:

  • Journal of Financial Economics, October 1995, vol. 39, pp. 321-351 citation courtesy of
  • Microstructure: The Organization of Trading and Short-Term Price Behavior, Stoll, E., ed.: Elgar Publishing, April 1999, pp. 409-439.

October 1991Private Beliefs and Information Externalities in the Foreign Exchange Market
w3889

Published: Journal of International Economics, new title," A Simultaneous Trade Model of the Foreign Exchange Hot Potato", February 1997vol. 36.

August 1991Short and Long Run Externalities
with Eric J. Bartelsman, Ricardo J. Caballero: w3810

Published: "Customer and Supplier Driven Externalities" American Economic Review, Sept 1994, vol 84, No 4, pp 1075-1084

July 1991Floating Exchange Rates in Peru, 1950-54
w3775

Published: Journal of Development Economics, Vol. 36, No. 1, January 1992

July 1989The Role of External Economies in U.S. Manufacturing
with Ricardo J. Caballero: w3033

Published: "External Effects in U.S. Procyclical Productivity", Journal of Monetary Economics, May 1992, Vol. 24, pp.209-225

1989Exchange Rate Hysteresis: The Real Effects of Large vs Small Policy Misalignments
with Richard Baldwin: w2828

Published: "Exchange Rate Hyteresis: Large nersus Small Policy Misalignments" European Economic Review, Jan 1994, vol 38, pp 1-22

August 1988The Mutual Amplification Effect of Exchange Rate Volatility and Unresponsive Trade Prices
with Richard Baldwin: w2677

Published: "The Mutual Amplification Effect of Unresponsive Trade Prices and Exchange Rate Volatility." Journal of International Financial Markets, Institutions & Money, Vol. 1, No. 2, pp. 1-20, Spring 1991

 
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