1. Theoretical explanations of why banks promise to pay par on demand (G.P. Dwyer,Jr., M. Samartin). 2. Productivity and efficiency measurement using parametric ecometric methods (S.C. Kumbhakar ). 3. Firm, market and strategic factors in venture capital exits (D.J. Cumming, J.G. Macintosh). 4. Financial development, inflation uncertainty and growth volatility (R. Lensink , B. Scholtens). 5. Mathematical characterization of behavioral market dynamics: from stylized agents to aggregate price processes (G. Susinno , M. Bagella, R. Ciciretti). 6. Conditional asset pricing model: an application to the Korean stock market (J.R. Norsworthy, S. Choi, R. Gorener). 7. Dividend policy of bank initial public offerings (W. Bessler , J.P. Murtagh, D.D. Siregar). 8. Financial sector development and economic growth: re-examining the nexus (G. Mavrotas , S-I Son). 9. The (corporate) equity risk premium/ (corporate) bond risk premium nexus in the US market (L. Becchetti, A. Carpentieri, R. Ciciretti, N. Solferino). 10. Asset and default correlations between non-financial corporations: evidence from the Italian stock market (C. Zazzara , Z. Rotondi). 11. Margin requirements with intraday dynamics (J. Cotter, F. Longin). 12. Non-parametric techniques to validate credit classification models: an empirical analysis ( S. Borra, S. Caiazza, S. Di Giacomo). 13. Transparency, institutional framework and capital structure: international evidence from industry data ( N. Utrer-Gonzalez ). 14. Combating black money: international cooperation and the G8s role (D. Masciandaro). 15. Networks and stock market integration: empirical evidence (I. Hasan, H. Schmiedel).