Working Papers 1986
#01-86
Stock Return Anomalies and the Asset Pricing Tests: The Case of the Arbitrage Pricing Theory
M. Gultekin and B. Gultekin
[abstract]
(Journal of Finance, Vol. 42, No. 5, December 1987)
#02-86
The Sources of the Movements in Interest Rates: An Empirical Investigation
A. Penati
[abstract]
(Journal of Banking and Finance, Vol. 10, Issue 3, October 1986)
#03-86
Decision Intervals and Portfolio Strategy
S. Benninga and M. E. Blume
[abstract]
#04-86
A Game Theoretic Approach to the Capital Structure and Investment Decision Problems of a Levered Firm
S. Ryu
[abstract]
#05-86
Monopolistic Competition and the Theory of Private Money
J.G. Haubrich
[abstract]
#06-86
See 13-86
[abstract]
#07-86
Determinants of Capital Structure (Revision of 13-85)
I. Friend and J. Hasbrouck
[abstract]
#08-86
Bank Deregulation, Credit Markets and the Control of Capital
G.B. Gorton and J.G. Haubrich
[abstract]
(Carnegie-Rochester Conference Series, Vol. 26, 1987)
#09-86
Financial Intermediation: Delegated Monitoring and Long-Term Relationships
J.G. Haubrich
[abstract]
(Journal of Banking and Finance, Vol. 13, Issue 1, March 1989)
#10-86
The Cost of Capital to Corporations in Japan and the USA
Irwin Friend and I. Tokutsu
[abstract]
(Journal of Banking and Finance, Vol. 11, Issue 2, June 1987)
#11-86
Two-Person Dynamic Equilibrium: Trading in the Capital Market
Bernard Dumas
[abstract]
(Review of Financial Studies, Vol. 2, Issue 2, April 1989)
#12-86
Information Disclosure and Bank Runs
A. Pennacchi
[abstract]
#13-86
On the Assessment of Return Generating Models (Revision of 13-86)
M.E. Blume, M. Gultekin and B. Gultekin
[abstract]
#14-86
The Role of Risk Aversion in the Determination of Equilibrium Stock Prices and their Variability
K.Y. Kim
[abstract]
#15-86
Maximum Likelihood Estimation of Generalized Ito Processes with Discretely Sampled Data
Andrew W. Lo
[abstract]
(Econometric Theory, Vol. 4, No. 2, August 1988)
#16-86
Optimal Contracts for Security Analysts and Portfolio Managers
Richard Kihlstom
[abstract]
#17-86
Risk and Return Characteristics of Lower-Grade Bonds
Marshall E. Blume and Donald B. Keim
[abstract]
(Financial Analysts Journal, Vol. 43, No. 4, July-August 1987)
#18-86
Rational Ponzi Games
Stephen A. O’Connell and Stephen P. Zeldes
[abstract]
(International Economic Review, Vol. 29, No. 3, August 1988)
#19-86
The Effect of Implicit Deposit Insurance on Banks Portfolio Choices with an Application to International ‘Overexposure’
George Penati and Aris Protopapadakis
[abstract]
(Journal of Monetary Economics, Vol. 21, Issue 1, January 1988)
#20-86
Optimal Consumption with Stochastic Income: Deviations from Certainty Equivalence
Stephen Zeldes
[abstract]
(The Quarterly Journal of Economics, Vol. 104, No. 2, May 1989)
#21-86
Risk Aversion in the Not-So-Small: Beyond Mean and Variance
George Szpiro
[abstract]
#22-86
The Failure of Ricardian Equivalence Under Progressive Wealth Taxation
Andrew Abel
[abstract]
(Journal of Public Economics, Vol. 30, Issue 1, June 1986)
#23-86
Aggregate Savings in the Presence of Private and Social Insurance
Andrew Abel
[abstract]
(Macroeconomics and Finance: Essays in Honor of Franco Modigliani, 1987)
#24-86
Semiparametric Upper Bounds for Option Prices
Andrew W. Lo
[abstract]
(Journal of Financial Economics, Vol. 19, Issue 2, December 1987)
#25-86
Optimal Portfolio Choice and the Collapse of a Fixed-Exchange Rate Regime
Alessandro Penati and George Pennacchi
[abstract]
(Journal of International Economics, Vol. 27, Issues 1-2, August 1989)
#26-86
Financial Innovation in an Incomplete Market: An Empirical Study of Stripped Government Bonds
Hiromitsu Kanemasu, Robert H. Litzenberger and Jacques Rolfo
[abstract]
#27-86
Announcement Effects of New Equity Issues and the Use of Intraday Price Data
Michael J. Barclay and Robert H. Litzenberger
[abstract]
(Journal of Financial Economics, Vol. 21, Issue 1, May 1988)
#28-86
The Interaction of Corporate and Government Financing in General Equilibrium
Simon Benninga and Eli Talmor
[abstract]
(The Journal of Business, Vol. 61, No. 2, April 1988)
#29-86
Determinants of Capital Structure for Closely-Held Versus Publicly-Held Corporations
Irwin Friend and Larry Lang
[abstract]
#30-86
Corporate Dividend Payout Policy (Revised: 4-88)
Jean Crockett and Irwin Friend
[abstract]
(Review of Economics and Statistics, Vol. 70, No. 4, November 1988)
#M1-86
M.E. Blume and Irwin Friend
Recent and Prospective Trends in Institutional Ownership and Trading of Exchange and OTC Stocks
[abstract]