WORKING PAPERS - 1986
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).
#01-86
Stock Return Anomalies and the Asset Pricing Tests: The Case of the Arbitrage Pricing Theory
M. Gultekin and B. Gultekin
[abstract]
#02-86
The Sources of the Movements in Interest Rates: An Empirical Investigation
A. Penati
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#03-86
Decision Intervals and Portfolio Strategy
S. Benninga and M. E. Blume
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#04-86
A Game Theoretic Approach to the Capital Structure and Investment Decision Problems of a Levered Firm
S. Ryu
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#05-86
Monopolistic Competition and the Theory of Private Money
J.G. Haubrich
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#06-86
See 13-86
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#07-86
Determinants of Capital Structure (Revision of 13-85)
I. Friend and J. Hasbrouck
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#08-86
Bank Deregulation, Credit Markets and the Control of Capital
G.B. Gorton and J.G. Haubrich
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#09-86
Financial Intermediation: Delegated Monitoring and Long-Term Relationships
J.G. Haubrich
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#10-86
The Cost of Capital to Corporations in Japan and the USA
Irwin Friend and I. Tokutsu
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#11-86
Two-Person Dynamic Equilibrium: Trading in the Capital Market
Bernard Dumas
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#12-86
Information Disclosure and Bank Runs
A. Pennacchi
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#13-86
On the Assessment of Return Generating Models (Revision of 13-86)
M.E. Blume, M. Gultekin and B. Gultekin
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#14-86
The Role of Risk Aversion in the Determination of Equilibrium Stock Prices and their Variability
K.Y. Kim
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#15-86
Maximum Likelihood Estimation of Generalized Ito Processes with Discretely Sampled Data
Andrew W. Lo
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#16-86
Optimal Contracts for Security Analysts and Portfolio Managers
Richard Kihlstom
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#17-86
Risk and Return Characteristics of Lower-Grade Bonds
Marshall E. Blume and Donald B. Keim
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#18-86
Rational Ponzi Games
Stephen A. O'Connell and Stephen P. Zeldes
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#19-86
The Effect of Implicit Deposit Insurance on Banks Portfolio Choices with an Application to International 'Overexposure'
George Penati and Aris Protopapadakis
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#20-86
Optimal Consumption with Stochastic Income: Deviations from Certainty Equivalence
Stephen Zeldes
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#21-86
Risk Aversion in the Not-So-Small: Beyond Mean and Variance
George Szpiro
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#22-86
The Failure of Ricardian Equivalence Under Progressive Wealth Taxation
Andrew Abel
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#23-86
Aggregate Savings in the Presence of Private and Social Insurance
Andrew Abel
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#24-86
Semiparametric Upper Bounds for Option Prices
AndrewW. Lo
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#25-86
Optimal Portfolio Choice and the Collapse of a Fixed-Exchange Rate Regime
Alessandro Penati and George Pennacchi
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#26-86
Financial Innovation in an Incomplete Market: An Empirical Study of Stripped Government Bonds
Hiromitsu Kanemasu, Robert H. Litzenberger and Jacques Rolfo
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#27-86
Announcement Effects of New Equity Issues and the Use of Intraday Price Data
Michael J. Barclay and Robert H. Litzenberger
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#28-86
The Interaction of Corporate and Government Financing in General Equilibrium
Simon Benninga and Eli Talmor
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#29-86
Determinants of Capital Structure for Closely-Held Versus Publicly-Held Corporations
Irwin Friend and Larry Lang
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#30-86
Corporate Dividend Payout Policy (Revised: 4-88)
Jean Crockett and Irwin Friend
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#M1-86
M.E. Blume and Irwin Friend
Recent and Prospective Trends in Institutional Ownership and Trading of Exchange and OTC Stocks
[abstract] |
