Working Papers 1982
#01-82
Testing the CAPM with Broader Market Indexes: A Problem of Mean-Deficiency
Robert F. Stambaugh
[abstract]
(Journal of Banking and Finance, Vol. 7, Issue 1, March 1983)
#02-82
Arbitrage Pricing with Heterogeneous Information
Robert F. Stambaugh
[abstract]
(Journal of Financial Economics, Vol. 12, Issue 3, November 1983)
#03-82
Saving and After-Tax Rates of Return
Irwin Friend and Joel Hasbrouck
[abstract]
(Review of Economics and Statistics, Vol. 65, No. 4, November 1983)
#04-82
Effect of Inflation on the Profitability and Valuation of U.S. Corporations
Irwin Friend and Joel Hasbrouck
[abstract]
#05-82
Are Forward Exchange Rates Really Useful Predictors of Future Spot Rates? Some Evidence from Daily Dollar-DM Data
Orlin J. Grabbe
[abstract]
#06-82
Optimal Survey Aggregation Application to Inflation, Stock Returns and Economic Activity
Joel Hasbrouck
[abstract]
#07-82
Economic and Equity Aspects of Securities Regulation
Irwin Friend
[abstract]
#08-82
The Aggregation of Consumer Preferences Over Firm Investment and Financial Decisions in Imperfect Markets
Simon Benninga and Meir I. Schneller
[abstract]
#09-82
Non-Linear Pricing Systems in Finance
Simon Benninga
[abstract]
#10-82
Stock Market Seasonality and End of the Tax Year Effect
Mustafa N. Gultekin and Bulent N. Gultekin
[abstract]
(Journal of Financial Economics, Vol. 12, Issue 4, December 1983)
#11-82
The Theory and Practice of Second-Best Commercial Policy: Domestic Factor Market Distortions and International Market Power
Howard Kaufold
[abstract]
#12-82
The Contribution of Arbitrage Pricing Theory to Capital Asset Pricing
Phoebus Dhrymes, Irwin Friend and N. Gultekin
[abstract]
#13-82
The Real Exchange Rate, the Current Account and the Speed of Adjustment
Francesco Giavazzi and Wyplosz
[abstract]
(Exchange Rate Theory and Practice, 1984)
#14-82
The Use of ‘Alphas’ to Improve Investment Performance
Marshall E. Blume
[abstract]
(Journal of Portfolio Management, Vol. 11, Issue 1, Fall 1984)
#15-82
The Social Costs of Unit Banking Restrictions
Mark J. Flannery
[abstract]
(Journal of Monetary Economics, Vol. 13, Issue 2, March 1984)
#16-82
Expectations of Real Interest Rates and Aggregate Consumption: Synthesis and Tests
Wayne Ferson
[abstract]
#17-82
Spot and Futures Prices and the Law of One Price
Aris Protopapadakis and Hans R. Stoll
[abstract]
(Journal of Finance, Vol. 38, No. 5, December 1983)
#18-82
The Neutrality of the Real Equilibrium Under Alternative Financing of Government Expenditures
Simon Benninga and Aris Protopapadakis
[abstract]
(Journal of Monetary Economics, Vol. 14, Issue 2, September 1984)
#19-82
Some Indirect Evidence on Effective Capital Gains Tax Rates
Aris Protopapadakis
[abstract]
(Journal of Business, Vol. 56, No. 2, April 1983)
#20-82
An Economic Analysis of the Homeownership Decision
Peter Linneman
[abstract]
(Journal of Urban Economics, Vol. 17, Issue 2, March 1985)
#21-82
The CAPM and Mean-Variance Efficient Portfolios Ex Ante and Ex Post Data
Irwin Friend, Randolph Westerfield and Joao Ferreira
[abstract]