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WORKING PAPERS - 1977

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).

1971 1972 1973 1974 1975 1976 1977 1978 1979
1980 1981 1982 1983 1984 1985 1986 1987 1988 1989
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999
2000


#01-77
Implications of Growing Institutionalization of the Stock Market
Irwin Friend
[abstract]

#02-77
Market Discrimination, Credit Rationing and the Customer Relationship at Commercial Banks
John M. Mason
[abstract]

#03-77
Stimulating Indexation
Nariman Behavesh and Athony M. Santomero
[abstract]

#04-77
Inflation-Induced Distortions in Government and Private Saving Statistics
Jeremy J. Siegel
[abstract]

#05-77
The Cost of Equity Capital: A Reconsideration
M.J. Gordon and L.I. Gould
[abstract]

#06-77
Expectations, Commercial Bank Adjustment, and the Performance of Monetary Aggregates
John Mason, Richard Rogalski and Joseph D. Vinso
[abstract]

#07-77
The Growth-Optimal General Equilibrium Market Model: A Reduced Form Expression for the Capital Market Line
David A. Umstead
[abstract]

#08-77
Dynamic Estimation of Portfolio Betas
David A. Umstead and Gary L. Bergstrom
[abstract]

#09-77
Recent Developments in Finance
Irwin Friend
[abstract]

#10-77
A Note on the Modigliani-Miller Theorem and Bankruptcy
Simon Benninga
[abstract]

#11-77
Consumption and Saving in Economic Development
Jean Crockett and Irwin Friend
[abstract]

#12-77
Bank Credit Rationing and the Customer Relation
Norman R. Blackwell and Anthony M. Santomero
[abstract]

#13-77
The Pricing of Security Dealer Services: An Empirical Study of NASDAQ Stocks
Hans R. Stoll
[abstract]

#14-77
The Demand for Money and the Uncertainty of Interest Rates and Prices
J.M. Mason
[abstract]

#15-77
Regulation of Bank Capital and Portfolio Risk
Michael Koehn and Anthony M. Santomero
[abstract]

#16-77
Implicit Consumer Valuations, Bankruptcy, the Value of the Firm and Dividend Policy
Simon Benninga
[abstract]

#17-77
General Equilibrium with Financial Markets: Existence, Uniqueness and the Implications for for Corporate Finance
Simon Benninga
[abstract]

#18-77
Diversification and Asset Valuation in an International Capital Market
Etienne Losq
[abstract]

#19-77
Sterilization Policy: The Trade-Off Between Monetary Autonomy and International Reserve Stability
Richard Herring and Richard Marston
[abstract]

#20-77
Financial Planning for the Multinational Corporation with Multiple Goals
Joseph D. Vinso
[abstract]

#21-77
New Evidence on the Capital Asset Pricing Model
Irwin Friend, Randolph Westerfield and Michael Granito
[abstract]


Rodney L. White Center for
Financial Research
Telephone: (215) 898-7616
Facsimile: (215) 573-8084
Email: rlwctr@finance.wharton.upenn.edu

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