Working Papers 1990
#01-90
Asset Prices Under Habit Formation and Catching Up With the Jones
Andrew B. Abel
[abstract]
#02-90
Financing Losers in Competitive Markets
Andrew Abel and George J. Mailath
[abstract]
(Journal of Financial Intermediation, Vol 3, Issue 2, March 1994)
#03-90
Self-Generating Trade and Rational Fads: The Response of Price to New Information
James Dow and Gary Gorton
[abstract]
#04-90
Equity Risk Premia and Corporate Profit Forecasts Around the Stock Crash of October 1987
Jeremy J. Siegel
[abstract]
#05-90
The Risk and Return Characteristics of Stock Market-Based Real Estate Indexes and Their Relation to Appraisal-Based Returns
Joseph Gyourko and Donald B. Keim
[abstract]
#06-90
The Sustainability of Budget Deficits in a Stochastic Economy (Revised: 17-91)
Henning Bohn
[abstract]
(The Journal of Money, Credit and Banking, Vol 27, No 1, February 1995)
#07-90
Asset Returns, Investment Horizons, and Intertemporal Preferences (Reprint 009)
Shmuel Kandel and Robert F. Stambaugh
[abstract]
#08-90
Time Consistency of Monetary Policy in the Open Economy (Revision of 33-88) (Reprint 010)
Henning Bohn
[abstract]
(Journal of International Economics, Vol 30, Issues 3-4, May 1991)
#09-90
Endogenous Government Spending and Ricardian Equivalence (Revision of 13-88)
Henning Bohn
[abstract]
(The Economic Journal, Vol 102, Issue 412, May 1992)
#10-90
Fiscal Policy with Impure Intergenerational Altruism (Reprint 011)
Andrew B. Abel and B. Douglas Bernheim
[abstract]
#11-90
The Origins of Banking Panics: Models, Facts, and Bank Regulation
Charles W. Calomiris and Gary Gorton
[abstract]
#12-90
Security Prices and Market Transparency (Revised: 1-92)
Ananth Madhavan
[abstract]
(Journal of Financial Intermediation, Vol 5, Issue 3, July 1996)
#13-90
Stock Price Manipulation (Reprint 025)
Franklin Allen and Douglas Gale
[abstract]
(The Review of Financial Studies, Vol 5, Issue 3, July 1992)
#14-90
The Real Exchange in the Short, Medium and Long Run
Jack D. Glen
[abstract]
#15-90
Intertemporal Price Discovery by Market Makers: Active versus Passive Learning
Chris J. Leach and Ananth N. Madhavan
[abstract]
(Journal of Financial Intermediation, Vol 2, Issue 2, June 1992)
#16-90
Trading Mechanisms in Securities Markets
Ananth N. Madhavan
[abstract]
(The Journal of Finance, Vol 47, Issue 2, June 1992)
#17-90
The Sustainability of Budget Deficits with Lump-Sum and with Income-Based Taxation
Henning Bohn
[abstract]
(The Journal of Money, Credit and Banking, Vol 27, No 1, February 1995)
#18-90
Evaluating the Performance of Foreign Exchange Hedges
Jack D. Glen
[abstract]
#19-90
The Enforceability of Private Money Contracts, Market Efficiency, and Technological Change
Gary Gorton
[abstract]
#20-90
Monetary Contracting between Central Banks and the Design of Sustainable Exchange-Rate Zones (Reprint 035)
Francisco Delgado and Bernard Dumas
[abstract]
(Journal of International Economics, Vol 34, Issues 3-4, May 1993)
#21-90
How Rational is the Market? Testing Alternative Hypotheses on Financial Market Equilibrium
Larry H.P. Lang and Robert H. Litzenberger and Vicente Madrigal
[abstract]
#22-90
The Informational Role of Upstairs and Downstairs Trading
Sanford J. Grossman
[abstract]
(The Journal of Business, Vol 65, Issue 4, October 1992)
#23-90
The Consumption of Stockholders and Non-Stockholders (Reprint 015)
Gregory N. Mankiw and Stephen P. Zeldes
[abstract]
(Journal of Financial Economics, Vol 29, Issue 1, March 1991)
#24-90
Returns and Volatility of Low-Grade Bonds 1977-1989 (Reprint 005)
Marshall E. Blume, Donald B. Keim and Sandeep A. Patel
[abstract]
(The Journal of Finance, Vol 46, Issue 1, March 1991)
#25-90
Some Issues Associated with Business Debt
L.R. Klein, N.B. Gultekin, M.N. Gultekin and Q. Mohiuddin
[abstract]
#26-90
Measurement Distortion and Missing Contingencies in Optimal Contracts (Reprint 018)
Franklin Allen and Douglas Gale
[abstract]
(Economic Theory, Vol 2, Issue 1, March 1992)
#27-90
Banks and Loan Sales: Marketing Non-Marketable Assets (Reprint 051)
Gary Gorton and George Pennacchi
[abstract]
#28-90
The Crash of ’87: Was it Expected? The Evidence from Options Markets
David S. Bates
[abstract]
(The Journal of Finance, Vol 46, Issue 3, July 1991)