Working Papers 1987
#01-87
Seasonality, Cost Shocks and the Production Smoothing Model of Inventories
Jeffrey A. Miron and Stephen P. Zeldes
[abstract]
(Econometrica: Journal of Econometric Society, Vol 56, Issue 4, July 1988)
#02-87
Specification of the Joy of Giving: Insights from Altruism
Andrew B. Abel
[abstract]
#03-87
Specification of the Joy of Giving: Insights from Altruism
Andrew B. Abel and Mark Warshawsky
[abstract]
#04-87
A Note on Clienteles and the Miller Model (Revised: 5-88)
Franklin Allen and Jeffrey A. Jaffe
[abstract]
#05-87
Stock Market Prices Do Not Follow Random Walks: Evidence from a Simple Specification Test (Revised: 29-87)
Andrew W. Lo and Craig A. MacKinlay
[abstract]
(The Review of Financial Studies, Vol 1, Issue 1, January 1988)
#06-87
Contracts to Sell Information (Revision of 12-85)
Franklin Allen
[abstract]
#07-87
Loan Sales and the Cost of Bank Capital
George Pennacchi
[abstract]
(The Journal of Finance, Vol 43, Issue 2, June 1988)
#08-87
Asset Pricing in a Macroeconomic Context
Henning Bohn
[abstract]
#09-87
Operative Gift and Bequest Motives
Andrew B. Abel
[abstract]
#10-87
An Analysis of Fiscal Policy Under Operative and Inoperative Bequest Motives
Andrew B. Abel
[abstract]
#11-87
Capital Structure and Imperfect Competition in Product Markets (Revision of 20-85, 24-84)
Franklin Allen
[abstract]
#12-87
Ponzi Games and Ricardian Equivalence
Stephen A. O’Connell and Stephen P. Zeldes
[abstract]
#13-87
A Simple Specification Test of the Random Walk Hypothesis
Andrew W. Lo and Craig A. MacKinlay
[abstract]
#14-87
Loan Sales, Recourse, and Reputation: An Analysis of Secondary Loan Participation
Gary B. Gorton and Joseph G. Haubrich
[abstract]
#15-87
Announcement Effects of New Equity Issues and the use of Intraday Price Data
Michael J. Barclay and Robert Litzenberger
[abstract]
(Journal of Financial Economics, Vol 21, Issue 1, May 1988)
#16-87
Incomplete and the Endogeneity of Central Banking
Gary Gorton
[abstract]
#17-87
Risk and Return Characteristics of Lower Grade Bonds
Marshall E. Blume and Donald B. Keim
[abstract]
#18-87
Performance of Currency Portfolios Chosen by a Bayesian Technique: 1967-1985
Bernard Dumas and Betrand Jacquillat
[abstract]
(Journal of Banking and Finance, Vol 14, Issues 2-3, August 1990)
#19-87
The Social Value of Asymmetric Information
Franklin Allen
[abstract]
#20-87
Production, Sales and the Change in Inventories: An Identity that Doesn’t Add Up
Jeffrey A. Miron and Stephen P. Zeldes
[abstract]
(Journal of Monetary Economics, Vol 24, Issue 1, July 1989)
#21-87
Capital Controls and International Capital markets Segmentation: The Evidence from the Japanese and American Stock markets
Mustafa N. Gultekin, Bulent N. Gultekin and Alessandro Penati
[abstract]
(The Journal of Finance, Vol 44, Issue 4, September 1989)
#22-87
The Optimal Non-Linear Bank
Joseph G. Haubrich
[abstract]
#23-87
Managerial Incentives and Capital Structure: A Geometric Note
Larry Lang
[abstract]
#24-87
The Size Effect on Stock Returns: It is a Simply a Risk Effect not Adequately Reflected by the Usual Measures?
Irwin Friend and Larry Lang
[abstract]
(Journal of Banking and Finance, Vol 12, Issue 1, March 1988)
#25-87
Impact of Management and Non-Managerial Principal Stockholders on Capital Structure of Closely-Held and Publicly-Held Corporations?
Irwin Friend and Larry Lang
[abstract]
#26-87
Optimal Security Design
Franklin Allen and Douglas Gale
[abstract]
(The Review of Financial Studies, Vol 1, Issue 3, July 1988)
#27-87
Tests of Asset Pricing Models with Changing Expectations
Wayne Ferson, Stephen Foerster and Donald Keim
[abstract]
#28-87
Stock Market Prices Do Not Follow Random Walks: Evidence from a Simple Specification Test (Revision of 5-87)
Andrew W. Lo and Craig A. MacKinlay
[abstract]
(The Review of Financial Studies, Vol 1, Issue 1, January 1988)
#29-87
Stock Market Prices Do Not Follow Random Walks: Evidence from a Simple Specification Test (Revision of 5-87)
Andrew W. Lo and Craig A. MacKinlay
[abstract]
(The Review of Financial Studies, Vol 1, Issue 1, January 1988)
#30-87
Program Trading and the Behavior of Stock Index Futures Prices
Craig A. MacKinlay and Krishna Ramaswamy
[abstract]
(The Review of Financial Studies, Vol 1, Issue 2, April 1988)
#31-87
Mechanisms, Multi-Lateral Incentive Compatibility, and the Core
Joseph G. Haubrich
[abstract]