2026 Vihang R. Errunza: Economics and Finance Researcher – H-Index, Publications & Awards

Discipline name	D-Index	World Ranking	Current World Ranking	National Ranking	Current National Ranking	Publications	Citations
Economics and Finance	36	2728	2473	75	66	117	10561

Research.com Recognitions

2017 - Fellow of the Royal Society of Canada Academy of Social Sciences

Overview

Vihang R. Errunza is affiliated with McGill University in Canada. Their research spans a diverse range of topics primarily within economics, econometrics, finance, business, management, and accounting.

The main fields of study for Errunza include:

Economics, Econometrics and Finance
Business, Management and Accounting

Within those broader fields, their subfields of focus are:

Finance
Accounting
Economics and Econometrics
Information Systems

Errunza's recent research topics cover several themes relevant to financial markets, corporate governance, and economic processes. Key topics of their work include:

Financial Markets and Investment Strategies
Corporate Finance and Governance
Housing Market and Economics
Stochastic Processes and Financial Applications
Corporate Taxation and Avoidance
Taxation and Compliance Studies
Complex Systems and Time Series Analysis

Their publication record features research papers in various journals and outlets, with notable entries including:

"How is Liquidity Priced in Global Markets?" (2020), Review of Financial Studies
"Havenly acquisitions" (2022), Journal of International Financial Markets Institutions and Money
"Who Invests in What? Public Firms Ownership Around the World" (2024), SSRN Electronic Journal
"Learning from Biodiversity: Is Diversity in Financial Ecosystems Important for Economic Growth and Stability?" (2024), IMF Economic Review
"Sustainable Investing Home and Abroad" (2024), SSRN Electronic Journal

Errunza frequently collaborates with several co-authors across their research projects, including:

Ines Chaieb
Lucie Y. Lu
Hugues Langlois
Burcin Col
Basma Majerbi

Their work is regularly published in these venues:

SSRN Electronic Journal
Review of Financial Studies
Journal of International Financial Markets Institutions and Money
IMF Economic Review
The Journal of Impact and ESG Investing

Errunza was awarded the title of Fellow of the Royal Society of Canada in 2017 with citation by the Academy of Social Sciences.

Best Publications

International Asset Pricing under Mild Segmentation: Theory and Test

Vihang Errunza;Etienne Losq

1556
Citations
Characterizing World Market Integration through Time

Francesca Carrieri;Vihang Errunza;Ked Hogan

773
Citations
Market Segmentation and the Cost of the Capital in International Equity Markets

Vihang R. Errunza;Darius P. Miller

668
Citations
The Effects of International Operations on the Market Value of the Firm: Theory and Evidence

Vihang R. Errunza;Lemma W. Senbet

641
Citations
Is the Potential for International Diversification Disappearing? A Dynamic Copula Approach

Peter F. Christoffersen;Vihang Errunza;Kris Jacobs;Hugues Langlois

597
Citations
Market Segmentation and the Cost of Capital in International Equity Markets

Vihang R. Errunza;Darius P. Miller

575
Citations
Can the Gains from International Diversification Be Achieved without Trading Abroad

Vihang Errunza;Ked Hogan;Mao-Wei Hung

505
Citations
International Corporate Diversification, Market Valuation, and Size-Adjusted Evidence

Vihang R. Errunza;Lemma W. Senbet

482
Citations
International Asset Pricing under Mild Segmentation: Theory and Test

Unknown

373
Citations
Emerging Markets: A New Opportunity for Improving Global Portfolio Performance

Vihang R. Errunza

262
Citations
Tests of integration, mild segmentation and segmentation hypotheses

Vihang Errunza;Etienne Losq;Prasad Padmanabhan

248
Citations
Foreign Portfolio Equity Investments, Financial Liberalization, and Economic Development

Vihang Errunza

242
Citations
Capital Flow Controls, International Asset Pricing, and Investors' Welfare: A Multi‐Country Framework

Vihang Errunza;Etienne Losq

240
Citations
Gains from Portfolio Diversification into Less Developed Countries' Securities

Vihang R. Errunza

231
Citations
Correlation dynamics and international diversification benefits

Peter Christoffersen;Peter Christoffersen;Vihang Errunza;Kris Jacobs;Kris Jacobs;Xisong Jin

215
Citations
The behavior of stock prices on LDC markets

Vihang R. Errunza;Etienne Losq;Etienne Losq

203
Citations
Does corporate international diversification destroy value? Evidence from cross-border mergers and acquisitions

Marcelo Braga Dos Santos;Vihang R. Errunza;Darius P. Miller

200
Citations
Macroeconomic Determinants of European Stock Market Volatility

Vihang Errunza;Ked Hogan

195
Citations
Property rights protection, corporate transparency, and growth

Art Durnev;Vihang Errunza;Alexander Molchanov

176
Citations
Industry Risk and Market Integration

Francesca Carrieri;Vihang Errunza;Sergei Sarkissian

165
Citations
Do Implicit Barriers Matter for Globalization

Francesca Carrieri;Ines Chaieb;Vihang R. Errunza

128
Citations

Frequent Co-Authors

Peter Christoffersen University of Toronto

Kris Jacobs University of Houston

Lemma W. Senbet University of Maryland, College Park

Luc Laeven European Central Bank

David J. Denis University of Pittsburgh

Bong-Soo Lee Korea Advanced Institute of Science and Technology

Geert Bekaert Columbia University

Laura T. Starks The University of Texas at Austin

Martijn Cremers University of Notre Dame

William L. Megginson University of Oklahoma

External Links

Google Scholar page

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