A simple indicator of systemic risk

DK Patro, M Qi, X Sun - Journal of Financial Stability, 2013 - Elsevier
We examine the relevance and effectiveness of stock return correlations among financial
institutions as an indicator of systemic risk. By analyzing the trends and fluctuations of daily …

Do mergers and acquisitions create shareholder wealth in the pharmaceutical industry?

M Hassan, DK Patro, H Tuckman… - International Journal of …, 2007 - emerald.com
Purpose – The purpose of this paper is to analyze mergers and acquisitions (M&A) focusing
on the US pharmaceutical industry in the period 1981‐2004. This industry is chosen …

[HTML][HTML] Serum Procalcitonin is a sensitive and specific marker in the diagnosis of septic arthritis and acute osteomyelitis

K Maharajan, DK Patro, J Menon, AP Hariharan… - Journal of orthopaedic …, 2013 - Springer
Background Early diagnosis of Acute Osteomyelitis (OM) and Septic Arthritis (SA) is of vital
importance to avoid devastating complications. There is no single laboratory marker which is …

[HTML][HTML] Calcium sulfate as bone graft substitute in the treatment of osseous bone defects, a prospective study

Y Kumar, KB Nalini, J Menon, DK Patro… - Journal of clinical and …, 2013 - ncbi.nlm.nih.gov
Background: Calcium sulfate belongs to synthetic ceramic group of bone graft substitutes
having an osteoconductive property. Calcium sulfate is an easily available, economic bone …

Explaining exchange rate risk in world stock markets: A panel approach

DK Patro, JK Wald, Y Wu - Journal of banking & finance, 2002 - Elsevier
Using a GARCH approach, we estimate a time-varying two-factor international asset pricing
model for weekly equity index returns of 16 OECD countries. A trade-weighted basket of …

Firm characteristics and the impact of emerging market liberalizations

DK Patro, JK Wald - Journal of banking & finance, 2005 - Elsevier
We provide a firm level analysis of the impact of capital market liberalization in 18 emerging
markets. Consistent with models of international asset pricing, we find that firms’ stock …

Treatment of femoral fractures in children: is titanium elastic nailing an improvement over hip spica casting?

…, J Menon, DK Patro - Journal of children's …, 2010 - journals.sagepub.com
Purpose The purpose of the study was to assess the validity of surgical interference with
elastic nailing in treating pediatric femur fractures in comparison with the traditional treatment …

Predictability of short-horizon returns in international equity markets

DK Patro, Y Wu - Journal of Empirical Finance, 2004 - Elsevier
This paper examines the predictability of equity index returns for 18 developed countries.
Based on the variance ratio test, the random walk hypothesis can be rejected at conventional …

Return behavior and pricing of American depositary receipts

DK Patro - Journal of International Financial Markets, Institutions …, 2000 - Elsevier
This paper provides an empirical analysis of 123 American depositary receipts (ADRs) from
16 countries. The paper finds that the returns on ADRs have significant risk exposures to the …

The impact of macroeconomic and financial variables on market risk: Evidence from international equity returns

DK Patro, JK Wald, Y Wu - European Financial Management, 2002 - Wiley Online Library
… exchange rate risk have a different interpretation and follow a different literature (see Jorion
(1990), and He and Ng (1998) among others), we study them in a separate paper (see Patro