WORKING PAPERS - 1995
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).
#01-95
On the Integration of the US Equity Markets (Revised: 18-95)
Marshall E. Blume and Michael A. Goldstein
[abstract]
#02-95
Real Interest Rates and Inflation: An Ex-Ante Empirical Analysis
Shmuel Kandel, Aharon R. Ofer and Sarig, Oded
[abstract]
#03-95
Precautionary Saving and Social Insurance
Glenn R. Hubbard, Jonathan Skinner and Stephen P. Zeldes
[abstract]
#04-95
Optimal Consumption and Equilibrium Prices with Portfolio Cone Constraints and Stochastic Labor Income
Domenico Cuoco
[abstract]
#05-95
Financial Markets, Intermediaries, and Intertemporal Smoothing (Revised 14-96)
Franklin Allen and Douglas Gale
[abstract]
#06-95
Banks and Derivatives
Gary Gorton and Richard Rosen
[abstract]
#07-95
Dynamic Consumption-Portfolio Choice and Asset Pricing with Non-Price-Taking Agents (Revision of 8-94) (Reprint 062)
Süleyman Basak
[abstract]
#08-95
An Intertemporal Model of Segmentation (Reprint 056)
Süleyman Basak
[abstract]
#09-95
Execution Costs and Investment Performance: An Empirical Analysis of Institutional Equity Trades (Revision of 26-94)
Donald B. Keim and Ananth Madhavan
[abstract]
#10-95
Rational Expectations, Inflation and the Nominal Interest Rate
Jean A. Crockett
[abstract]
#11-95
Theory of Rational Option Pricing: II (Revised: 1-96)
Yaacov Z. Bergman, Bruce D. Grundy and Zvi Wiener
[abstract]
#12-95
Call Policies with Flotation Costs: A Dog Chasing Its Tail (Revised: 22-95)
Giovanni Barone-Adesi and Francisco A. Delgado
[abstract]
#13-95
Does Section 16b Deter Insider Trading by Target Managers? [Are Target Managers Afraid of Section 16b?] (Revision of 16-94) (Reprint 048)
Anup Agrawal and Jeffrey F. Jaffe
[abstract]
#14-95
Testing Option Pricing Models
David S. Bates
[abstract]
#15-95
Options, the Value of Capital, and Investment
Andrew B. Abel, Avinash K. Dixit, Janice B. Eberly and Robert S. Pindyck
[abstract]
#16-95
Stock Market Efficiency and Economic Efficiency: Is There a Connection?
James Dow and Gary Gorton
[abstract]
#17-95
Bank Capital Regulation in General Equilibrium
Gary Gorton and Andrew Winton
[abstract]
#18-95
Quotes, Order Flow, and Price Discovery (Revision of 1-95) (Revised: 3-96)
Marshall E. Blume and Michael A. Goldstein
[abstract]
#19-95
Stochastic Volatility: Univariate and Multivariate Extensions
Eric Jacquier, Nicholas G. Polson and Peter Rossi
[abstract]
#20-95
Using Genetic Algorithms to Find Technical Trading Rules (Revision of 20-93)
Franklin Allen and Risto Karjalainen
[abstract]
#21-95
The Effects of Irreversibility and Uncertainty on Capital Accumulation
Andrew B. Abel, Janice B. Eberly
[abstract]
#22-95
Capital Structure, Call Policies and Flotation Costs: A Dog Chasing Its Tail (Revision of 12-95)
Francisco A. Delgado and Giovanni Barone-Adesi,
[abstract]
#23-95
The Pre-Acquisition Performance of Target Firms: A Re-Examination of the Inefficient Management Hypothesis (Revised: 6-96)
Anup Agrawal and Jeffrey F. Jaffe
[abstract] |
