Bernt Arne Ødegaards publications

Papers in Refereed journals

• The stock market and corporate consequences of ethical exclusions by the world's largest fund (with Erika Berle and Wanwei (Angela) He) Feb 2025. Coming in Journal of International Financial Markets, Institutions, and Money
• Tick Size Wars: Competitive Tick Size Regimes and Trader Behavior (with Sean Foley and Tom Grimstvedt Meling) Review of Finance 2023
• Contagious Margin Calls: How Covid-19 threatened global stock market liquidity (with Sean Foley, Amy Kwan and Richard Philip) Journal of Financial Markets 2022
• Throttling hyperactive robots - Order to trade ratios at the Oslo Stock Exchange (with Kjell Jørgensen and Johannes Skjeltorp) Journal of Financial Markets 2018
• Why do listed firms pay for market making in their own stock? (with Johannes Skjeltorp). Financial Management 2015
• Stock Market Liquidity and the Business Cycle (with Randi Næs and Johannes Skjeltorp). Journal of Finance 2011
• The diversification cost of large, concentrated equity stakes. How big is it? Is it justified? Finance Research Letters 2009.
• Price differences between equity classes. Corporate Control, Foreign ownership or Liquidity? Journal of Banking and Finance 2007
• Linear and Nonlinear Exchange Rate Exposure (with Richard Priestley). Journal of International Money and Finance 2007
• Equity Trading by Institutional Investors. To Cross or Not to Cross? (with Randi Nas) Journal of Financial Markets 2006
• Exchange Rate Regimes and the Price of Exchange Rate Risk (with Richard Priestley). Economics Letters 2004.
• Patterns of corporate ownership: Insights from a unique data set (with Øyvind Bøhren) Nordic Journal of Political Economy 27 (2001) 55-86.
• Are There Tax Effects in the Relative Pricing of U.S. Government Bonds? (with Richard C Green) Journal of Finance 1997.

Large research collaborations, published in refereed journals

• Non-standard errors , the results of the crowd-sourced #fincap project, Journal of Finance 2024
• Reproducibility in Management Science Management Science 2024

Papers in Refereed journals (in Norwegian)

• Norges Bank sin aktive forvaltning av Statens Pensjonsfond Utland (Oljefondet) Samfunssøkonomen 2019. - Summary of results in A Review of Norges Bank's Active Management of the Government Pension Fund Global
• Evaluering av aktiv fondsforvaltning (with B. Espen Eckbo) Praktisk Økonomi og Finans 2015
• Nøytral Skattlegging av finansiell instrument? (with Benn Folkvord) Praktisk Økonomi og Finans 2012.
• Egenkapitalutvidelser på Oslo Børs (with Erlend Kvaal) Praktisk Økonomi og Finans 2011.
• Statlig eierskap på Oslo Børs Praktisk Økonomi og Finans no 4,2009.
• Hva koster det å handle aksjer på Oslo Børs? Praktisk Økonomi og Finans no 1,2009.

  Translated to English: The (implicit) cost of equity trading at the Oslo Stock Exchange

• Hvilke faktorer driver kursutviklingen på Oslo Børs? (with Randi Næs and Johannes Skjeltorp). Norsk Økonomisk Tidskrift no 2, 2008.

  Translated to english: What factors affect the Oslo Stock Exchange? Nov 2008.

Textbooks

• Lectures on Corporate Finance (with Peter Bossaerts)
• Financial Numerical Recipes

Book Chapters

• Governance and Performance revisited (with Øyvind Bøhren). In "International Corporate Governance after Sarbanes-Oxley", Paul Ali and Greg Gregouriu (ed), Wiley, February 2006, pg 27-64.
• Norsk eierskap: Særtrekk og sære trekk. (with Øyvind Bøhren.) In Einar Hope (ed). Næringspolitikk for en ny økonomi, Fagbokforlaget 2002.

Research Reports

• The impact of procyclical margin requirements on financial market liquidity in Hong Kong (with Sean Foley, Jiri Svec and Angelo Aspris). Hong Kong Institute for Monetary and Financial Research, HKIMR Applied Research Paper No.02/2022
• A Review of Norges Bank's Active Management of the Government Pension Fund Global
• Norges Bank's Expert Group on Principles for Risk Adjustment of Performance Figures - Final Report 2015
• Bond Liquidity at the Oslo Stock Exchange Staff Memo from Norges Bank
• The liquidity of the Secondary Market for Debt Securities in Norway (with Johannes Skjeltorp and Ketil Rakkestad) Jul 2012.
• Statlig eierskap på Oslo Børs May 2009.
• The Duration of Equity Ownership at the Oslo Stock Exchange 1989-1999 Available in paper form as the Norwegian School of Management Research Report 2/2006. (with Richard Priestley and Øyvind Bøhren). January 2006.
• Corporate governance and economic performance in Norwegian listed firms (with Øyvind Bøhren). Research report. November 2001. Available in paper form as the Norwegian School of Management Research Report 11/2001.
• The ownership structure of Norwegian firms: Characteristics of an outlier (with Øyvind Bøhren) Available in paper form as the Norwegian School of Management Research Report 13/2000.

Other publications

• Hva har Covid-19 gjort med likviditeten på Oslo Børs? i Finansavisen May 2020.
• Misvisende og ikke faglig fundert Apr 2018. Kommentar i Dagens Næringsliv
• Smiler hele veien til banken og enda lenger Feb 2018: Kronikk i Aftenposten - Kort oppsummering av resultatene i analysen av Oljefondet.
• Norge mister milliarder i utbytteskatt (med Benn Folkvord) Jan 2018. Kronikk i Dagens Næringsliv
• Statoil, Miller og Modigliani Kronikk i Dagens Næringsliv 3 feb 2016.
• Norges Bank's Expert Group on Principles for Risk Adjustment of Performance Figures - Final Report
• Verdiødeleggende Forvaltning? Kronikk i Dagens Næringsliv 29 juni 2015.
• Hukommelsestap i Sparebankstiftelsen DNB Dagens Naeringsliv, 2014.
• Spleiselag - hva er DNB sitt bidrag? Dagens Næringsliv, 2013
• Likviditeten i aksjemarkedet og realøkonomien (with Randi Næs and Johannes Skjeltorp). Samfunnsøkonomen 2011
• Treg børs, Treg forskning, treg kritikk Dagens Næringsliv , dec 2010.
• Aksjemarkedslikviditet og konjunkturer Dagens Næringsliv , 24 nov 2010.
• Om aksjeroboter, markedseffisiens, og regulering Dagens Næringsliv, 27 oct 2010.
• Bransjesammensetningen av Oslo Børs Praktisk Økonomi og Finans 2008.
• Hvor mange aksjer skal til for a ha en veldiversifisert portefølje på Oslo Børs Praktisk Økonomi og Finans 1/2006.
• Currency hedging in Norwegian non-financial firms (with Øystein Børsum) Norges Bank Economic Bulletin 3/2005.
• Valutasikring i norske selskaper (with Øystein Børsum) Penger og Kreditt 1/2005, Norges Bank, and Praktisk Økonomi og Finans. 1/2005,
• Norsk eierskap: Særtrekk og sære trekk. (with Øyvind Bøhren.) Praktisk økonomi og finans 2003.
• Derivater og finansiell risikostyring. Praktisk Økonomi og finans 3/2000, pages 55-65.
• Prisforskjeller mellom aksjeklasser. Praktisk Økonomi og finans 3/1999, pages 81-89.
• Opsjoner i en Porteføljestrategi. (with Thore Johnsen) Praktisk Økonomi 3/1987, pages 49-66.