Selected Publications

"Altering the Terms of Executive Stock Options," M. Brenner, R. Sundaram, and D. Yermack, Journal of Financial Economics, July 2000, pp. 103-128.

"The Price of Options Illiquidity", M. Brenner, R. Eldor, and S. Hauser, Journal of Finance, April 2001, pp. 789-805.

"The Y2K Enigma ", M. Brenner , M. Crouhy and D. Galai, in RISK MANAGEMENT: The State of the Art, Edited by R. Levich and S. Figlewski , Kluwer Academic Publishers, 2001,pp.111-119.

"The Varying Nature of Volatile Forces", M. Brenner, in MASTERING INVESTMENTS, Edited by J. Pickford, FT Prentice Hall, 2002, pp.224-230.

"On Rescissions in Executive Stock Options", R. Sundaram, M.Brenner and D. Yermack, Journal of Business, September 2005, pp. 1809-1835.

"Sovereign Debt Auctions: Uniform or Discriminatory?", M.Brenner, D.Galai and O.Sade, The Journal of Monetary Economics, March 2009, pp. 267-274.

"On the Volatility and Comovement of the U.S. Financial Markets Around Macroeconomic News Announcements", M.Brenner, P.Pasquariello, M.Subrahmanyam, The Journal of Financial and Quantitative Analysis, December 2009, pp.1265-1289.

"Inflation Targeting and Exchange Rate Regimes; Evidence from the Financial Markets", M. Brenner and M. Sokoler, Review of Finance, April 2010, pp.295-311.

"Short Selling", M.Brenner and M.Subrahmanyam, Chapter 12 in Restoring Financial Stability; How to Repair a Failed System, edited by V. Acharya and M. Richardson, J.Wiley & Sons, 2009.

"Derivatives: The Ultimate Financial Innovation", V. Acharya, M. Brenner, R. Engle, A. Lynch, M. Richardson, Chapter 10 in Restoring Financial Stability; How to Repair a Failed System, edited by V. Acharya and M. Richardson, J.Wiley & Sons, 2009.

"Asset pricing and Ambiguity: Empirical Evidence", Menachem Brenner and Yehuda Izhakian, Forthcoming (2018): Journal of Financial Economics

"Informed Trading prior to Merger and Take-Over Announcements", Augustin Patrick, Menachem Brenner and Marti Subrahmanyam, Forthcoming: Management Science.

Volatility Derivatives

"New Financial Instruments for Hedging Changes in Volatility", M. Brenner and D. Galai, Financial Analysts Journal, Jul/Aug 1989, pp 61-65.

"Hedging Volatility in Foreign Currencies", M. Brenner and D. Galai, Journal of Derivatives, Fall, 1993, pp 53-58.

"Amex Examines Volatility Options", International Financing Review, August 8, 1992, pp 85.

"Hedging Volatility Risk", M. Brenner, E. Ou and J. Zhang, The Journal of Banking and Finance, March 2006, pp. 811-821.

"The New Market for Volatility Trading", Jin E. Zhang, Jinghong Shu and M.Brenner, Journal of Futures Markets, September 2010, pp.809-833.