WORKING PAPERS - 1993
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).
#01-93
The Design of Bank Loan Contracts, Collateral, and Renegotiation (Revised: 2-96)
Gary Gorton and James Kahn
[abstract]
#02-93
Corporate Control, Portfolio Choice, and the Decline of Banking
Gary Gorton and Richard Rosen
[abstract]
#03-93
Portfolio Inefficiency and the Cross-Section of Mean Returns (Revised: 6-94)
Shmuel Kandel and Robert F. Stambaugh
[abstract]
#04-93
Bayesian Inference and Portfolio Efficiency (Revision of 8-91) (Reprint 046)
Shmuel Kandel, Robert McCulloch and Robert F. Stambaugh
[abstract]
#05-93
Profitable Informed Trading in a Simple General Equilibrium Model of Asset Pricing (Reprint 052)
James Dow and Gary Gorton
[abstract]
#06-93
Arbitrage Chains
James Dow and Gary Gorton
[abstract]
#07-93
Backwardation in Oil Futures Markets: Theory and Empirical Evidence
Robert H. Litzenberger and Nir Rabinowitz
[abstract]
#08-93
Dynamic Wealth Redistribution, Trade, and Asset Pricing
Simon Benninga and Joram Mayshar
[abstract]
#09-93
Futures and Forward Prices with Markovian Interest Rate Processes
Simon Benninga and Aris Protopapadakis
[abstract]
#10-93
Quote Changes and Order Imbalances
Marshall E. Blume and Yun K. Wong
[abstract]
#11-93
Implementing Numerical Option Pricing Models
Simon Benninga, Raz Steinmetz and John Stroughair
[abstract]
#12-93
An Exact Solution for the Investment and Market Value of a Firm Facing Uncertainty, Adjustment Costs, and Irreversibility
Andrew B. Abel and Janice C. Eberly
[abstract]
#13-93
Reputation Formation in Early Bank Debt Markets
Gary Gorton
[abstract]
#14-93
A Unified Model of Investment Under Uncertainty
Andrew B. Abel and Janice C. Eberly
[abstract]
#15-93
Multifactor Models Do Not Explain Deviations From the CAPM (Revised: 21-94)
Craig A. MacKinlay
[abstract]
#16-93
A Tale of Two Cities: Racial and Ethnic Geographic Disparities in Home Mortgage Lending in Boston and Philadelphia
Michael H. Schill and Susan M. Wachter
[abstract]
#17-93
Estimating Conditional Expectations When Volatility Fluctuates
Robert F. Stambaugh
[abstract]
#18-93
Anatomy of the Trading Process: Empirical Evidence on the Behavior of Institutional Traders (Revised: 12-94)
Donald B. Keim and Ananth Madhavan
[abstract]
#19-93
Direct Evidence of Non-Trading of NYSE and AMEX Stocks
Stephen R. Foerster and Donald B. Keim
[abstract]
#20-93
Using Genetic Algorithms to Find Technical Trading Rules (Revised: 20-95)
Franklin Allen and Risto Karjalainen
[abstract] |
