Content
March 1967, Volume 22, Issue 1
- 58-66 Toward A World Payments System: A Review Article
by Anthony Y. C. Koo - 67-70 Short Interest: Bearish Or Bullish?
by Joseph J. Seneca - 71-76 The Keynesian Demand Function For Money: Some Statistical Tests
by Dennis R. Starleaf & Richard Reimer - 77-82 Is The Precautionary Demand For Money Negative?
by Case M. Sprenkle - 83-85 Money Substitutes For The Corporate Business Sector
by Gloria Shatto - 86-87 A Note On Bank Response To Reserve Changes
by Donald R. Fraser - 88-92 Reluctance And Member‐Bank Borrowing: Additional Evidence
by Murray E. Polakoff & William L. Silber - 93-94 Time Lapse And Cyclical Changes In Commercial Bank Investment Portfolios, 1949–1961
by John W. Bay - 95-96 Money And Ex Ante Investment As Determinants Of Aggregate Demand
by Albert I. A. Bookbinder - 97-97 An Approach To The Analysis Of The Differential Effects Of Monetary Policy
by James W. Christian - 98-99 The Development Of Financial Management Literature, 1895–1960
by Constantine Danellis - 100-101 A Benefit‐Cost Model For Credit Decisions
by Carl Crawford Greer - 102-103 Canadian Economic Stagnation, The Flexible Exchange Rate, And Economic Policy, 1957–1961
by Robert G. Hawkins - 104-105 From Bills Only To Operation Twist: A Study Of Federal Reserve Open‐Market Operations For The Period 1953–1964
by Panos Konstas - 106-107 Corporate Debt And The Evaluation Of Corporate Earnings
by Bruce W. Morgan - 108-108 The Permanent Income‐Wealth Approach To The Demand For Money: Analytical And Empirical Aspects
by Richard H. Puckett - 109-110 Models For Bond Optimum Investment Decisions Under Uncertainty
by Mau‐Sung Tsai
December 1966, Volume 21, Issue 4
- 615-633 Financial Structure And The Value Of The Firm
by Ronald F. Wippern - 635-648 The Concepts Of Money And Commercial Banks
by Paul F. Smith - 649-674 Planning For Liquidity In Financial Institutions: The Chance‐Constrained Method
by A. Charnes & Sten Thore - 675-686 Stock Splits And Price Change
by Keith B. Johnson - 687-696 The Acquisition Of Common Stock By The Corporate Issuer†
by Harold Bierman Jr. & Richard West - 697-713 Imputed Yields Of A Sinking Fund Bond And The Term Structure Of Interest Rates
by Frank C. Jen & James E. Wert - 715-726 On The Measurement Of Leverage
by J. K. S. Ghandhi - 727-730 Conceptual Problems In The Use Of Risk‐Adjusted Discount Rates
by Alexander A. Robichek & Stewart C. Myers - 731-736 A Neglected Issue In Capital Rationing—The Asset Demand For Money
by Robert E. Krainer - 737-742 Reinvestment And The Rate Of Return On Common Stocks
by Haim Ben‐Shahae & Marshall Sarnat - 743-744 Security Prices, Risk, And Maximal Gains From Diversification: Reply
by W. F. Sharpe - 745-746 The Treatment Of Security Holders Under The Absolute Priority Rule In Chapter X Reorganizations
by Charles B. Franklin Jr. - 747-748 Determinants Of Common Stock Prices
by Martin Jay Gruber - 749-750 Corporate Repurchases Of Already Outstanding Common Stock
by Leo A. Guthart - 751-751 An Investigation Of Monetary Policy Action
by Thomas Havrilesky - 752-752 An Economic Analysis Of Credit Unions In Michigan
by David L. McKee - 753-754 The Organization And Capital Financing Of Chemical Company Foreign Affiliates
by Carl C. Nielsen - 755-756 The Role Of Reacquired Common Stock In Financial Management
by Wilbur A. Rapp
September 1966, Volume 21, Issue 3
- 441-457 Substitutability Of Non‐Bank Intermediary Liabilities For Money: The Empirical Evidence
by Tong Hun Lee - 459-478 Financial Intermediaries, Credit Availability, And Aggregate Demand
by Robert Shapiro - 479-487 Estimates Of Hicksian Is And Lm Curves For The United States
by Robert Haney Scott - 489-498 Budget Balance And Equilibrium Income: A Comment On The Efficacy Of Fiscal And Monetary Policy In An Open Economy
by Wallace E. Oates - 499-514 The Determinants Of Member‐Bank Borrowing: An Econometric Study
by Stephen M. Goldfeld & Edward J. Kane - 515-521 Interest Rates On Mortgages And Dividend Rates On Savings And Loan Shares
by Gerald I. Weber - 523-534 Factors Associated With Variations In State And Local Government Spending
by Roy W. Bahl & Robert J. Saunders - 535-538 Do Large Banks Neglect Small Business?
by Jack M. Guttentag & Edward S. Herman - 539-541 Bank Responses To Reserve Changes: Comment
by William R. Bryan - 542-543 Reply
by C. Rangarajan & Alan K. Severn - 544-546 The Icons Of Public Debt
by James M. Buchanan - 547-547 Reply
by James Tobin - 548-549 A Study In Postwar American Central‐Banking Theory And Policy
by Curtis F. Forner - 550-551 Economic Growth And The Individual
by Kenneth D. Goldin - 552-553 The Effect Of Rate Structure Upon The Availability Of Credit At Consumer Finance Companies
by Maurice Goudzwaard - 554-555 Relationships Of Financial Risk To The Term Structures Of Corporate Bond Yields
by Ramon Eskel Johnson - 556-557 The Canadian Experience With The Floating Discount Rate, 1956–62
by R. A. Johnston - 558-559 The Proximate Impact Of Monetary Policy On Flows Of Funds Through Financial Intermediaries
by William George Nelson IV - 560-561 Profit Planning In Commercial Banks
by Ronald L. Olson - 562-563 Manufacturers' Capital Appropriations As A Measure Of Investment Decisions: An Econometric Study Of Quarterly Time Series
by Reynold M. Sachs - 564-565 The Postwar Canadian Mortgage Market And The Role Of Government
by Lawrence B. Smith - 566-567 The Federal Reserve System'S “Operation Nudge”
by Oliver G. Wood Jr.
May 1966, Volume 21, Issue 2
- 169-177 The Contribution Of Economists To Policy Formation
by Gardner Ackley - 178-201 Capital Investment By The Firm In Plant And Equipment
by William W. Alberts - 202-214 Financing Decisions Of The Firm
by Eugene M. Lerner & Willard T. Carleton - 215-227 Valuation Of The Firm: Effects Of Uncertainty In A Market Context
by Alexander A. Robichek & Stewart C. Myers - 228-244 Decision Theory And Financial Management
by Henry A. Latané & Donald L. Tuttle - 253-265 Adjusting The Posture Of The U.S. Economy To Facilitate Corporate Freedom In International Actions
by Richard W. Lindholm - 266-282 Direct Investment And Corporate Adjustment Techniques Under The Voluntary U.S. Balance Of Payments Program
by Andrew F. Brimmer - 283-296 Foreign Private Investment And The Government'S Efforts To Reduce The Payments Deficit
by Jack N. Behrman - 297-307 Overseas Financing For U.S. International Business
by Stefan H. Robock - 311-323 The S.E.C. Special Study And The Exchange Markets
by David K. Eiteman - 324-332 Broad Implications Of The S.E.C. Special Study
by Irwin Friend - 333-338 The S.E.C. Special Study And The Over‐The‐Counter Markets
by Robert W. Haack - 345-353 Domestic Policy Objectives And The Balance Of Payments
by James Duesenberry - 354-359 Monetary Policy And International Financial Objectives
by Leslie C. Peacock - 369-381 Major Developments In The Market For Consumer Credit Since The End Of World War Ii
by Robert P. Shay - 382-394 Major Developments In The Financing Of Residential Construction Since World War Ii
by M. Carter McFarland - 403-410 What Should We Teach In A Money And Banking Course?
by Roland I. Robinson - 411-415 What Should We Teach In A Course In Business Finance?
by Ezra Solomon - 416-422 What Should We Teach In An Investments Course?
by Paul F. Wendt - 435-437 American Finance Association
by George Garvy - 438-440 Report Of The Managing Editor Of The Journal Of Finance Covering The Year 1965
by Lawrence S. Ritter
March 1966, Volume 21, Issue 1
- 1-13 Can Monetary Policy Influence The Availability Of Credit?
by A. Dale Tussing - 15-33 Tight Money, Monetary Restraint, And The Price Level
by George Horwich - 35-54 An Analysis Of Convertible Debentures: Theory And Some Empirical Evidence
by Eugene F. Brigham - 55-68 The Refunding Decision: Another Special Case In Capital Budgeting
by Oswald D. Bowlin - 69-83 Firm Size And The Cost Of Externally Secured Equity Capital
by Stephen H. Archer & LeRoy G. Faerber - 85-94 Regional Differences In Mortgage Financing Costs
by A. H. Schaaf - 95-102 The Valuation Of Growth Stocks: The Investment Opportunities Approach
by James C. T. Mao - 103-111 A Note On The History Of Bond Tables And Stock Valuation Models
by Robert M. Soldofsky - 112-115 A Note On The High‐Low Price Average As An Estimator Of Annual Average Stock Prices
by Charles E. Edwards & James G. Hilton - 116-118 Interest Payments On Required Reserve Balances
by Thomas Mayer - 119-122 The Money=Blood Metaphor, 1300–1800
by Jerah Johnson - 123-124 The Financing Of U.S. Government Securities Dealers, 1960–63
by Louise Freeman Ahearn - 125-126 An Investigation Into The Effects Of Banking Structure On Aspects Of Bank Behavior
by Bernard Eric Anderson - 127-128 Senior Securities In The Capital Structures Of Commercial Banks
by David W. Cole - 129-130 The Commercial Banking Market And The Demand Deposits Of Business Firms
by Dwight B. Crane - 131-131 A Study In The Maturity Structure Of Interest Rates
by Liang‐Shing Fan - 132-132 The Fiscal Impact Of The Federal Budget
by Edward M. Gramlich - 133-134 Public Assets And Liabilities In A Macro‐Economic Model
by Herschel I. Grossman - 135-136 Factors Determining Adequacy Of Capital In Commercial Banks
by Philip J. Hahn - 137-137 An Econometric Analysis Of The Role Of Financial Intermediaries In Postwar Residential Building Cycles
by Gordon R. Sparks
December 1965, Volume 20, Issue 4
- 587-615 Security Prices, Risk, And Maximal Gains From Diversification
by John Lintner - 617-631 The Market Impact Of The Sale Of Large Blocks Of Stock
by Harry G. Guthmann & Archie J. Bakay - 633-646 Investment Performance: Common Stocks Versus Apartment Houses
by Paul F. Wendt & Sui N. Wong - 647-650 Price Effects In Rights Offerings
by J. Russell Nelson - 651-664 The Response Of Banks To Changes In Aggregate Reserves
by C. Rangasajan & Alan K. Severn - 665-677 Tax Law, Lock‐Ins, And Bank Portfolio Choice
by William F. Beazer - 679-682 The Burden Of The Public Debt: A Review Article
by James Tobin - 683-690 On Measuring Fiscal Policy
by Joseph Scherer - 691-692 Stimulating Bank Competition: Comment
by A. Dale Tussing - 693-707 Patterns Of Business Financing: Some Comments
by Eli Shapiro & William L. White - 708-717 Patterns Of Business Financing: Reply
by Arnold W. Sametz - 719-719 Interest On Deposits Of Commercial Banks In The United States: A Study In Financial Regulation
by Albert H. Cox Jr. - 720-721 Evaluating The Investment Performance Of Noninsured Pension Funds
by Peter O. Dietz - 722-723 Comparative Investment Policy And Performance Of National Unions' General And Special Funds
by Thomas J. Kewley - 724-725 Financial Statements Of Life Insurance Companies
by Robert Hugh Raymond - 726-727 State Centralized Investment Process: Structure, Controls, And Operations
by Miles Tommeraasen - 779-780 Student Chapters Of The American Finance Association
by Harold W. Stevenson
September 1965, Volume 20, Issue 3
- 391-415 Portfolio Selection And Investment Performance
by Irwin Friend & Douglas Vickers - 416-422 Risk‐Aversion In The Stock Market: Some Empirical Evidence
by William F. Sharpe - 423-443 A Cross‐Section Study Of Business Demand For Cash
by Edward L. Whalen - 444-463 The Term Structure Of Interest Rates And Holding‐Period Yields On Government Securities
by Jacob B. Michaelsen - 464-471 Predicting The Results Of Proxy Contests
by Richard M. Duvall & Douglas V. Austin - 472-479 Capital Budgeting, Circa 1915
by George A. Wing - 480-482 “Is The Federal Reserve System Really Necessary?”: Comment
by Harmon H. Haymes - 483-484 Federal Reserve Membership And Discrimination—A Comment
by James W. Leonard - 485-485 “Is The Federal Reserve System Really Necessary?”: Comment
by George G. Kaufman - 486-489 “Is The Federal Reserve System Really Necessary?”: Reply
by Deane Carson - 490-499 Should Federal Reserve Float Be Abolished And Its Check Activities Curtailed?
by Irving Auerbach - 500-502 Auerbach'S Defense Of Defensive Operations
by Karl Brunner & Allan H. Meltzer - 503-503 “Should Federal Reserve Float Be Abolished And Its Check Activities Curtailed?”: Reply
by Deane Carson - 504-504 Commercial Bank Behavior And The Level Of Economic Activity: An Econometric Study
by Stephen M. Goldfeld - 505-506 The Postwar Quality Of Municipal Bonds
by George H. Hempel - 507-508 An Analysis Of The Permanent Price Change Associated With Common Stock Splits
by Keith B. Johnson - 509-510 Regulation Of The New York State Consumer Finance Industry
by Michael Kawaja - 511-512 City Expenditures And Metropolitan Areas: Analysis Of Intergovernmental Fiscal Systems
by Woo Silk Kee - 513-514 A Computer Simulation Used To Evaluate Alternative Financial Strategies
by Robert R. McKenzie - 515-516 Liquidity Preference, Interest‐Rate Risk, And The Term Structure Of Interest Rates
by James Van Horne - 517-518 Banking Structure And Bank Performance: A Case Study Of Three Small Market Areas
by Richard S. Wallace
May 1965, Volume 20, Issue 2
- 171-171 Introduction
by George Garvy - 172-181 The Changing Role Of U.S. Banks In International Financing
by George H. Chittenden - 182-208 The International Money Market: Structure, Scope And Instruments
by Fred H. Klopstock - 209-221 The Integration Of European Capital Markets
by Oscar L. Altman - 222-228 Discussion
by John H. Auten & Norris O. Johnson - 229-238 Structural Changes In Money Markets The Changing Structure Of The Money Market
by Robert W. Stone - 239-246 Discussion
by Ernest Bloch & Robert H. Beth - 247-272 Individual Income Tax Provisions Of The Revenue Act Of 1964
by Joseph A. Pechman - 273-291 Business Tax Provisions Of The 1962 And 1964 Acts
by Daniel M. Holland - 292-297 Discussion
by Melvin I. White & E. Gordon Keith - 298-311 The Effect Of Concentration On Bank Loan Rates
by Theodore G. Flechsig - 312-331 Branch Banking And Economies Of Scale
by George J. Benston - 332-348 The Interaction Effects Of Restrictions On Branching And Other Bank Regulations
by Donald P. Jacobs - 349-357 Banking Structure And Competition
by Howard D. Crosse - 358-367 Life Insurance Companies And The Equity Capital Markets
by Orson H. Hart - 368-378 The Changing Role Of Banks In The Market For Equities
by A. James Meigs - 379-383 Discussion
by Roland I. Robinson & Sidney Cottle - 384-389 Business Proceedings, American Finance Association; Reports Of The Secretary‐Treasurer And Editor
by Robert A. Kavesh & Lawrence S. Ritter
March 1965, Volume 20, Issue 1
- 1-13 Stimulating Bank Competition Through Regulatory Action
by Paul M. Horvitz - 14-35 Financial Flows In Recent Business Cycles
by Sue N. Atkinson - 36-48 The Value Of Pension Promises And Consumer Wealth
by Walter Williams - 49-58 Some Characteristics Of Treasury Bill Dealers In The Auction Market
by Michael Rieber - 59-70 Factors Determining Bank Deposit Growth By State: An Empirical Analysis
by Bruce C. Cohen & George G. Kaufman - 71-77 Budget Balance And Equilibrium Income
by David J. Ott & Attiat F. Ott - 78-85 Higher Interest Rates On Time Deposits: Comment
by Charlotte H. Scott - 86-88 Higher Interest Rates On Time Deposits: Reply
by H. Peter Gray - 89-93 On Capital Asset Prices: Comment
by G. O. Bierwag & M. A. Grove - 94-95 Reply
by William F. Sharpe - 96-97 An Empirical Analysis Of Commercial Bank Lending Behavior
by Stanley M. Besen - 98-98 Measuring Period Profitability: Book Yield Versus True Yield
by Robert Scott Carlson - 99-100 The Effect Of Federal Reserve Policy On The Cyclical Movement Of The Money Supply
by Joseph L. Craycraft - 101-102 Concentration And Competition In Commercial Banking: A Statistical Study
by Franklin R. Edwards - 103-104 Banking Structure And Costs: A Statistical Study Of The Cost‐Output Relationship In Commercial Banking
by Stuart I. Greenbaum - 105-106 Arrearages On Cumulative Preferred Stocks Listed On The New York Stock Exchange: An Analysis Of Experience, 1935–62
by Ronald M. Horwitz - 107-108 Financial Determinants Of Manufacturing Inventory Behavior—A Quarterly Study Based On United States Estimates: 1947–61
by Paul W. Kuznets - 109-110 Decision‐Making In British Monetary Policy, With Implications For The United States
by Jonas Prager - 111-112 Seasonal Movements In The Flow Of Funds
by George J. Viksnins
May 1964, Volume 19, Issue S2
- 1-1 Preface
by Roger F. Murray
December 1964, Volume 19, Issue 4
- 607-618 Security And Investment: Theory And Evidence
by Myron J. Gordon - 619-630 The Real Balance Effect In The United States, 1947–1963
by Chakles Schotta Jr. - 631-643 Commercial Bank Price Discrimination Against Small Loans: An Empirical Study
by George J. Benston - 644-651 Government Securities Holdings Of Selected Financial Intermediaries, 1954–1962
by Alan D. Entine - 652-661 Is The Federal Reserve System Really Necessary?
by Deane Carson - 662-667 Monetary History And Monetary Policy: A Review Article
by Herman E. Krooss - 668-670 A Contribution To The Theory Of Capital Budgeting—The Multi‐Investment Case: A Comment
by Eli Schwartz - 671-672 Reply
by Pao L. Cheng & John P. Shelton - 673-677 Rates Of Return On Consumer Durables
by J. V. Poapst & W. R. WaterS - 678-688 Another View Of Formula Planning
by Robert R. Dince - 689-690 A Decision Model For Inventory Management
by Nachman Benchkovsky - 691-692 The Cost Of External Common Stock Equity Capital For Small Business: An Empirical Study Of New Common Stock Offerings
by LeRoy Geoege Faerber - 693-694 The Role Of Preferred Stock In Electric Utility Financing
by Donald E. Fischer - 695-696 Federal Regulation Of Bank Holding Companies
by James H. Hugon - 697-698 The Forecasting Properties Of Insiders' Transactions
by Donald L. Rogoff - 699-700 Earnings Variability, Financial Structure And The Value Of The Firm
by Ronald Frank Wippeen
September 1964, Volume 19, Issue 3
- 425-442 Capital Asset Prices: A Theory Of Market Equilibrium Under Conditions Of Risk
by William F. Sharpe - 443-449 Some Recent Changes In The Euro‐Dollar System
by Paul Einzig - 450-469 Trends In The Volume And Composition Of Equity Finance
by Arnold W. Sametz - 470-482 The Auction Of Long‐Term Government Securities
by Robert E. Berney - 483-496 Compensating‐Balance Requirements: The Results Of A Survey
by Nevins D. Baxter & Harold T. Shapiro - 497-533 The Commission On Money And Credit'S Research Studies: A Collective Review Article
by David A. Alhadeff & Peter L. Bernstein & Colin D. Campbell & Lester V. Chandler & Edward C. Ettin & Victor R. Farhi & Jack M. Guttentag & Henry A. Latané & Kenyon E. Poole - 534-539 Open Market Operations And Reserve Settlement Periods: A Proposed Experiment
by Albert H. Cox Jr. & Ralph F. Leach - 540-543 Member Bank Reserve Settlement Periods: A Further Comment
by Peter D. Sternlight