WORKING PAPERS - 1973
Click on the links listed below to see the abstract. Click here for a complete list of abstracts for this year. Click on the  icon beside the title in order to download the full paper in Adobe Acrobat. (If you do not have the Adobe Reader you can get a free copy from Adobe's World Wide Web Site at http://www.adobe.com/acrobat/readstep.html).
#01-73
Mythodology in Finance
Irwin Friend
[abstract]
#02-73
The Arbitrage Theory of Capital Asset Pricing
Stephen A. Ross
[abstract]
#03-73
The Error Learning Hypothesis and the Term Structure of Interest Rates in Eurodollars
Anthony M. Santomero
[abstract]
#04-73
Performance of New Mining Issues
James E. Walter
[abstract]
#05-73
An Analysis of Devaluation
Wilfred, J. Ethier
[abstract]
#06-73
The Distribution of Common Stock Price Changes: An Application of Transactions Time and Subordinated Stochastic Models
Randolph Westerfield
[abstract]
#07-73
Some New Bond Indexes
John S. Bildersee
[abstract]
#08-73
The Association Between a Market-Determined Measure of Risk and Alternative Measures or Risk
John S. Bildersee
[abstract]
#09-73
Uncertainty Resolution and Multi-Period Investment Decisions
Randolph Westerfield and John R. Percival
[abstract]
#10-73
Risky Corporate Debt in a Market Model Context
John R. Percival
[abstract]
#11-73
Discounts and Premiums on Shares of Diversified Closed-End Investment Funds
Hans R. Stoll
[abstract]
#12-73
The Determinants of Value in the Philadelphia Housing Market: A Case Study of the Main Line, 1967-1969
Robert H. Edelstein
[abstract]
#13-73
A Structural Study of the Income Velocity of Circulation
John M. Mason
[abstract]
#14-73
An Application of the Decomposition Principle to Financial Decision Models
James R. Morris
[abstract]
#15-73
Notes on the Theory of Optimal Public Investment in Pollution Control
Robert H. Edelstein
[abstract]
#16-73
A Generalized Theory of Velocity
John M. Mason
[abstract]
#17-73
Return, Risk and Arbitrage
Stephen A. Ross
[abstract]
#18-73
Security Analysis in Efficiency Markets
Daniel Rie
[abstract]
#19-73
Creating a New Financial Instrument: The Case of Reverse Mortgages
Jack M. Guttentag
[abstract]
#20-73
Portfolio Turnpike Theorems for Constant Policies
Stephen A. Ross
[abstract]
#21-73
Use of Survey Data to Check Behavioral Parameters in Econometric Models
Irwin Friend
[abstract]
#22-73
Consumption and Saving in Economic Development
Jean Crockett and Irwin Friend
[abstract]
#23-73
Rates of Return on Bonds and Stocks, the Market Price of Risk and the Cost of Capital
Irwin Friend
[abstract]
#24-73
The Comparative Performance and Yields of Seasoned U.S. Government and Government Agency Securities
John S. Bildersee
[abstract]
#25-73
Some Notes on the Capital Asset Pricing Model (CAPM), Short-Sale Restrictions and Related Issues
Stephen A. Ross
[abstract]
#26-73
Managing the Corporate Financial Structure
James E. Walter and Michael R. Milken
[abstract]
#27-73
Rating Changes and Information in the Bond Market
John R. Percival
[abstract]
#28-73
How Diversification Reduces Risk: Some Empirical Evidence
Randolph W. Westerfield
[abstract]
#29-73
Security Valuation Formulae: Their Relationship to Estimates of the Risk-Return Trade-off
Daniel Rie
[abstract]
#M1-73
An Analysis of Spending Rules for the University's Endowment
Marshall E. Blume
[abstract]
#M2-73
Performance of Bank Managers of Trust Funds
William G. Burns and Richard H. Klemm
[abstract]
#M3-73
Financing the Needs of the Farm Credit System: Part I: Summary and Recommendations
Part II: Technical Papers
Paul F. Smith
[abstract]
#M4-73
Immediate, Short and Longer Run Performance of New Issues
Craig A. Simmons
[abstract]
#M5-73
An Empirical Analysis of Risk Measurement in Corporate Bonds
Jane C. Tripp
[abstract] |
