Working Papers 1985
#01-85
A Residuals-Based Wald Test for the Linear Simultaneous Equation
Andrew W. Lo and Whitney K. Newey
[abstract]
(Economics Letters, Vol. 18, Issue 4, 1985)
#02-85
Investment Banking, Reputation and the Underpricing of Initial Public Offerings
Randolph P. Beatty and Jay R. Ritter
[abstract]
(Journal of Financial Economics, Vol. 15, Issues 1-2, January-February 1986)
#03-85
The Week-End Effect in Common Stock Returns: The International Evidence
Jeffrey Jaffe and R. Westerfield
[abstract]
(Journal of Finance, Vol. 40, No. 2, June 1985)
#04-85
Effects of Taxation on Financial Markets
Irwin Friend
[abstract]
#05-85
On the Optimality of Portfolio Insurance
Simon Benninga and Marshall Blume
[abstract]
(Journal of Finance, Vol. 40, No. 5, December 1985)
#06-85
The Effects of Different Taxes on Risky and Risk-free Investment and on the Cost of Capital
Yu Zhu and Irwin Friend
[abstract]
(Journal of Finance, Vol. 41, No. 1, March 1986)
#07-85
Effects of Non-Assumable Mortgage Finance on Housing Demand and Relocation Decisions
George G. Pennacchi
[abstract]
#08-85
The Policy Options for Stimulating National Saving
Irwin Friend
[abstract]
#09-85
Serial Correlation of Asset Returns and Optimal Portfolios for the Short and Long Term
Stanley Fischer and George G. Pennacchi
[abstract]
#10-85
Statistical Tests of Contingent Claims Asset-Pricing Models: A New Methodology (Revision of 19-84)
Andrew W. Lo
[abstract]
(Journal of Financial Economics, Vol. 17, Issue 1, September 1986)
#11-85
Logit Versus Discriminant Analysis: A Specification Test and Application to Corporate Bankruptcies
Andrew W. Lo
[abstract]
(Journal of Econometrics, Vol. 31, Issue 2, March 1986)
#12-85
Contracts to Sell Information (Revised: 6-87)
Franklin Allen
[abstract]
#13-85
See Revision 7-86
[abstract]
#14-85
Dividend Yields and Stock Returns: Implications of Abnormal January Returns
Donald B. Keim
[abstract]
(Journal of Financial Economics, Vol. 14, Issue 3, September 1985)
#15-85
Predicting Returns in the Stock and Bond Markets
Donald B. Keim and Robert F. Stambaugh
[abstract]
(Journal of Financial Economics, Vol. 17, Issue 2, December 1986)
#16-85
Deposit Deregulation and Monetary Policy
Anthony M. Santomero and Jeremy J. Siegel
[abstract]
(Carnegie-Rochester Conference Series on Public Policy, Vol. 24, 1986)
#17-85
Budget Deficit, External Official Borrowing, and Sterilized Intervention Policy in Foreign Exchange Markets
Alessandro Penati
[abstract]
(Journal of International Money and Finance, Vol. 5, Issue 1, March 1986)
#18-85
Valuation of Currency Denomination in Long-Term Debt Financing and Debt Refinancing: A Portfolio Model
Laurent Jacque and Pascal Lang
[abstract]
(The Journal of the Operational Research Society, Vol. 38, No. 2, February 1987)
#19-85
A Dynamic Model of Optimal Investment and Financial Policies with Costs of Adjustment and Leverage
Andrew W. Lo
[abstract]
#20-85
Capital Structure and Imperfect Competition in Product Markets (Revision of 24-84; Revised: 11-87)
Franklin Allen
[abstract]
#21-85
The Valuation of Floating Rate Instruments – Theory and Evidence
Krishna Ramaswamy and Suresh Sundaresan
[abstract]
(Journal of Financial Economics, Vol. 17, Issue 2, December 1986)
#22-85
Games of Survival in the Newspaper Industry
Randolph Bucklin, Richard Caves and Andrew Lo
[abstract]
(Journal of Applied Economics, Vol. 21, Issue 5, 1989)
#23-85
Government Spending and the Real Exchange Rate
Alessandro Penati
[abstract]
(Journal of International Economics, Vol. 22, Issues 3-4, May 1987)
#24-85
Consumption and Liquidity Constraints: An Empirical Investigation
Stephen Zeldes
[abstract]
(Journal of Political Economy, Vol. 97, No. 2, April 1989)
#25-85
On Multivariate Tests of the CAPM
Craig A. MacKinlay
[abstract]
(Journal of Financial Economics, Vol. 18, Issue 2, June 1987)
#26-85
Monetary Versus Real Exchange Rate Targets when Capital Mobility is Limited
Alessandro Penati
[abstract]
(Economics Letters, Vol. 23, Issue 4, 1987)