Content
October 2005, Volume 60, Issue 5
- 2471-2511 Arbitraging Arbitrageurs
by Mukarram Attari & Antonio S. Mello & Martin E. Ruckes - 2513-2549 Information and Control in Ventures and Alliances
by Wouter Dessein - 2551-2569 The Market Impact of Trends and Sequences in Performance: New Evidence
by Gregory R. Durham & Michael G. Hertzel & J. Spencer Martin
August 2005, Volume 60, Issue 4
- 1595-1638 The Limits of Financial Globalization
by René M. Stulz - 1639-1672 Consumption, Dividends, and the Cross Section of Equity Returns
by Ravi Bansal & Robert F. Dittmar & Christian T. Lundblad - 1673-1712 Time Variation in the Covariance between Stock Returns and Consumption Growth
by Gregory R. Duffee - 1713-1757 Rational IPO Waves
by Ľuboš Pástor & Pietro Veronesi - 1759-1790 Does Prospect Theory Explain IPO Market Behavior?
by Alexander Ljungqvist & William J. Wilhelm - 1791-1823 Private Equity Performance: Returns, Persistence, and Capital Flows
by Steven N. Kaplan & Antoinette Schoar - 1825-1863 Predatory Trading
by Markus K. Brunnermeier & Lasse Heje Pedersen - 1865-1902 Strategic Behavior and Underpricing in Uniform Price Auctions: Evidence from Finnish Treasury Auctions
by Matti Keloharju & Kjell G. Nyborg & Kristian Rydqvist - 1903-1949 Market Timing and Managerial Portfolio Decisions
by Dirk Jenter - 1951-1982 Do Insiders Learn from Outsiders? Evidence from Mergers and Acquisitions
by Yuanzhi Luo - 1983-2011 On the Industry Concentration of Actively Managed Equity Mutual Funds
by Marcin Kacperczyk & Clemens Sialm & Lu Zheng - 2013-2041 Managerial Opportunism during Corporate Litigation
by Bruce Haslem - 2043-2082 The Impact of Bank Consolidation on Commercial Borrower Welfare
by Jason Karceski & Steven Ongena & David C. Smith - 2083-2123 Board Seat Accumulation by Executives: A Shareholder's Perspective
by Tod Perry & Urs Peyer - 2125-2139 Report of the Editor of The Journal of Finance for the Year 2004
by Robert F. Stambaugh - 2143-2144 Report of the Executive Secretary and Treasurer for the Year Ending September 30, 2004
by David H. Pyle
June 2005, Volume 60, Issue 3
- 1057-1096 Judging Fund Managers by the Company They Keep
by Randolph B. Cohen & Joshua D. Coval & Ľuboš Pástor - 1097-1128 Finance and the Business Cycle: International, Inter‐Industry Evidence
by Matías Braun & Borja Larrain - 1129-1165 Debt Dynamics
by Christopher A. Hennessy & Toni M. Whited - 1167-1219 Housing Collateral, Consumption Insurance, and Risk Premia: An Empirical Perspective
by Hanno N. Lustig & Stijn G. Van Nieuwerburgh - 1221-1257 What Explains the Stock Market's Reaction to Federal Reserve Policy?
by Ben S. Bernanke & Kenneth N. Kuttner - 1259-1292 Do Bank Relationships Affect the Firm's Underwriter Choice in the Corporate‐Bond Underwriting Market?
by Ayako Yasuda - 1293-1327 Demand–Deposit Contracts and the Probability of Bank Runs
by Itay Goldstein & Ady Pauzner - 1329-1343 The Theory of Bank Risk Taking and Competition Revisited
by John H. Boyd & Gianni De Nicoló - 1345-1388 The Choice of Payment Method in European Mergers and Acquisitions
by Mara Faccio & Ronald W. Masulis - 1389-1426 Institutional Holdings and Payout Policy
by Yaniv Grinstein & Roni Michaely - 1427-1459 Are Firms Underleveraged? An Examination of the Effect of Leverage on Default Probabilities
by Carlos A. Molina - 1461-1493 To Steal or Not to Steal: Firm Attributes, Legal Environment, and Valuation
by Art Durnev & E. Han Kim - 1495-1534 What Determines the Domestic Bias and Foreign Bias? Evidence from Mutual Fund Equity Allocations Worldwide
by Kalok Chan & Vicentiu Covrig & Lilian Ng - 1535-1566 Currency Returns, Intrinsic Value, and Institutional‐Investor Flows
by Kenneth A. Froot & Tarun Ramadorai - 1567-1590 A Comparison of Centralized and Fragmented Markets with Costly Search
by Xiangkang Yin
April 2005, Volume 60, Issue 2
- 539-576 Testing Agency Theory with Entrepreneur Effort and Wealth
by Marianne P. Bitler & Tobias J. Moskowitz & Annette Vissing‐Jørgensen - 577-614 Entrepreneurial Spawning: Public Corporations and the Genesis of New Ventures, 1986 to 1999
by Paul Gompers & Josh Lerner & David Scharfstein - 615-647 Liquidity Shortages and Banking Crises
by Douglas W. Diamond & Raghuram G. Rajan - 649-672 The Stock Market's Reaction to Unemployment News: Why Bad News Is Usually Good for Stocks
by John H. Boyd & Jian Hu & Ravi Jagannathan - 673-717 Trade Generation, Reputation, and Sell‐Side Analysts
by Andrew R. Jackson - 719-755 The Geography of Equity Analysis
by Christopher J. Malloy - 757-782 Wealth Destruction on a Massive Scale? A Study of Acquiring‐Firm Returns in the Recent Merger Wave
by Sara B. Moeller & Frederik P. Schlingemann & René M. Stulz - 783-815 Lifting the Veil: An Analysis of Pre‐trade Transparency at the NYSE
by Ekkehart Boehmer & Gideon Saar & Lei Yu - 817-839 Do Domestic Investors Have an Information Advantage? Evidence from Indonesia
by Tomáš Dvořák - 841-868 Managers, Workers, and Corporate Control
by M. Pagano & P. F. Volpin - 869-904 Optimal Life‐Cycle Asset Allocation: Understanding the Empirical Evidence
by Francisco Gomes & Alexander Michaelides - 905-929 Does Idiosyncratic Risk Really Matter?
by Turan G. Bali & Nusret Cakici & Xuemin (Sterling) Yan & Zhe Zhang - 931-962 Hedging or Market Timing? Selecting the Interest Rate Exposure of Corporate Debt
by Michael Faulkender - 963-986 Can Managers Forecast Aggregate Market Returns?
by Alexander W. Butler & Gustavo Grullon & James P. Weston - 987-1015 Partial Privatization and Firm Performance
by Nandini Gupta - 1017-1051 Is Debt Relief Efficient?
by Serkan Arslanalp & Peter Blair Henry
February 2005, Volume 60, Issue 1
- 1-34 Do Behavioral Biases Affect Prices?
by Joshua D. Coval & Tyler Shumway - 35-66 Insider Trading Restrictions and Analysts' Incentives to Follow Firms
by Robert M. Bushman & Joseph D. Piotroski & Abbie J. Smith - 67-103 The Value Premium
by Lu Zhang - 105-135 Asset Sales, Investment Opportunities, and the Use of Proceeds
by Thomas W. Bates - 137-177 Financial and Legal Constraints to Growth: Does Firm Size Matter?
by Thorsten Beck & Asli Demirgüç‐Kunt & Vojislav Maksimovic - 179-230 Does the Failure of the Expectations Hypothesis Matter for Long‐Term Investors?
by Antonios Sangvinatsos & Jessica A. Wachter - 231-266 Distance, Lending Relationships, and Competition
by Hans Degryse & Steven Ongena - 267-306 Local Does as Local Is: Information Content of the Geography of Individual Investors' Common Stock Investments
by Zoran Ivković & Scott Weisbenner - 307-341 Financial Analyst Characteristics and Herding Behavior in Forecasting
by Michael B. Clement & Senyo Y. Tse - 343-378 Monitoring and Controlling Bank Risk: Does Risky Debt Help?
by C. N. V. Krishnan & P. H. Ritchken & J. B. Thomson - 379-411 Asymmetric Price Movements and Borrowing Constraints: A Rational Expectations Equilibrium Model of Crises, Contagion, and Confusion
by Kathy Yuan - 413-442 Trading Volume, Information Asymmetry, and Timing Information
by Joon Chae - 443-486 The Role of IPO Underwriting Syndicates: Pricing, Information Production, and Underwriter Competition
by Shane A. Corwin & Paul Schultz - 487-521 IPO Pricing in “Hot” Market Conditions: Who Leaves Money on the Table?
by Franҫois Derrien - 523-534 Do Professional Traders Exhibit Myopic Loss Aversion? An Experimental Analysis
by Michael S. Haigh & John A. List
December 2003, Volume 58, Issue 6
- 2285-2320 The Dynamics of Institutional and Individual Trading
by John M. Griffin & Jeffrey H. Harris & Selim Topaloglu - 2321-2350 Equity Volatility and Corporate Bond Yields
by John Y. Campbell & Glen B. Taksler - 2351-2374 Institutional Investors and Executive Compensation
by Jay C. Hartzell & Laura T. Starks - 2375-2400 Intraday Price Formation in U.S. Equity Index Markets
by Joel Hasbrouck - 2401-2436 Financial Development, Property Rights, and Growth
by Stijn Claessens & Luc Laeven - 2437-2463 The Behavior of Bid‐Ask Spreads and Volume in Options Markets during the Competition for Listings in 1999
by Patrick De Fontnouvelle & Raymond P. H. Fishe & Jeffrey H. Harris - 2465-2486 Model Misspecification and Underdiversification
by Raman Uppal & Tan Wang - 2487-2514 Regulation Fair Disclosure and Earnings Information: Market, Analyst, and Corporate Responses
by Warren Bailey & Haitao Li & Connie X. Mao & Rui Zhong - 2515-2547 Momentum Investing and Business Cycle Risk: Evidence from Pole to Pole
by John M. Griffin & Xiuqing Ji & J. Spencer Martin - 2549-2580 Equilibrium “Anomalies”
by Michael F. Ferguson & Richard L. Shockley - 2581-2610 What Type of Process Underlies Options? A Simple Robust Test
by Peter Carr & Liuren Wu - 2611-2636 Do Price Discreteness and Transactions Costs Affect Stock Returns? Comparing Ex‐Dividend Pricing before and after Decimalization
by John R. Graham & Roni Michaely & Michael R. Roberts - 2637-2665 Competition among Trading Venues: Information and Trading on Electronic Communications Networks
by Michael J. Barclay & Terrence Hendershott & D. Timothy McCormick - 2667-2710 Capital Structure and Financial Risk: Evidence from Foreign Debt Use in East Asia
by George Allayannis & Gregory W. Brown & Leora F. Klapper - 2711-2744 Divestitures and Divisional Investment Policies
by Amy Dittmar & Anil Shivdasani - 2745-2782 Is the International Convergence of Capital Adequacy Regulation Desirable?
by Viral V. Acharya - 2783-2801 Shareholder Taxes in Acquisition Premiums: The Effect of Capital Gains Taxation
by Benjamin C. Ayers & Craig E. Lefanowicz & John R. Robinson
October 2003, Volume 58, Issue 5
- 1749-1789 Stock Valuation and Learning about Profitability
by Ľuboš Pástor & Veronesi Pietro - 1791-1819 Currency Orders and Exchange Rate Dynamics: An Explanation for the Predictive Success of Technical Analysis
by Carol L. Osler - 1821-1840 S&P 500 Index Additions and Earnings Expectations
by Diane K. Denis & John J. McConnell & Alexei V. Ovtchinnikov & Yun Yu - 1841-1872 The Presidential Puzzle: Political Cycles and the Stock Market
by Pedro Santa‐Clara & Rossen Valkanov - 1873-1904 Risk Management with Derivatives by Dealers and Market Quality in Government Bond Markets
by Narayan Y. Naik & Pradeep K. Yadav - 1905-1931 Empirical Tests for Stochastic Dominance Efficiency
by Thierry Post - 1933-1967 An Empirical Analysis of Analysts' Target Prices: Short‐term Informativeness and Long‐term Dynamics
by Alon Brav & Reuven Lehavy - 1969-1995 Value versus Glamour
by Jennifer Conrad & Michael Cooper & Gautam Kaul - 1997-2031 Corporate Board Composition, Protocols, and Voting Behavior: Experimental Evidence
by Ann B. Gillette & Thomas H. Noe & Michael J. Rebello - 2033-2058 How Investors Interpret Past Fund Returns
by Anthony W. Lynch & David K. Musto - 2059-2085 Financing and Advising: Optimal Financial Contracts with Venture Capitalists
by Catherine Casamatta - 2087-2108 Do Spin‐offs Expropriate Wealth from Bondholders?
by William F. Maxwell & Ramesh P. Rao - 2109-2141 Anticompetitive Financial Contracting: The Design of Financial Claims
by Giacinta Cestone & Lucy White - 2143-2166 Investment, Uncertainty, and Liquidity
by Glenn W. Boyle & Graeme A. Guthrie - 2167-2201 Family Firms
by Mike Burkart & Fausto Panunzi & Andrei Shleifer - 2203-2217 Asset Trading Volume with Dynamically Complete Markets and Heterogeneous Agents
by Kenneth L. Judd & Felix Kubler & Karl Schmedders - 2219-2248 Hedging in the Possible Presence of Unspanned Stochastic Volatility: Evidence from Swaption Markets
by Rong Fan & Anurag Gupta & Peter Ritchken - 2249-2279 The Determinants of Underpricing for Seasoned Equity Offers
by Shane A. Corwin
August 2003, Volume 58, Issue 4
- 1335-1354 Presidential Address: Liquidity and Price Discovery
by Maureen O'Hara - 1355-1392 The Really Long‐Run Performance of Initial Public Offerings: The Pre‐Nasdaq Evidence
by Paul A. Gompers & Josh Lerner - 1393-1413 Spurious Regressions in Financial Economics?
by Wayne E. Ferson & Sergei Sarkissian & Timothy T. Simin - 1415-1443 Bookbuilding: How Informative Is the Order Book?
by Francesca Cornelli & David Goldreich - 1445-1468 Ownership Structure, Corporate Governance, and Firm Value: Evidence from the East Asian Financial Crisis
by Michael L. Lemmon & Karl V. Lins - 1469-1498 Does Shareholder Composition Matter? Evidence from the Market Reaction to Corporate Earnings Announcements
by Edith S. Hotchkiss & Deon Strickland - 1499-1520 Rumors
by Jos Van Bommel - 1521-1556 Momentum and Reversals in Equity‐Index Returns During Periods of Abnormal Turnover and Return Dispersion
by Robert Connolly & Chris Stivers - 1557-1582 Incentive Compensation When Executives Can Hedge the Market: Evidence of Relative Performance Evaluation in the Cross Section
by Gerald Garvey & Todd Milbourn - 1583-1612 Tax‐Induced Trading of Equity Securities: Evidence from the ADR Market
by Sandra Renfro Callaghan & Christopher B. Barry - 1613-1650 Performance Incentives within Firms: The Effect of Managerial Responsibility
by Rajesh K. Aggarwal & Andrew A. Samwick - 1651-1683 Risk Reduction in Large Portfolios: Why Imposing the Wrong Constraints Helps
by Ravi Jagannathan & Tongshu Ma - 1685-1718 High‐Water Marks and Hedge Fund Management Contracts
by William N. Goetzmann & Jonathan E. Ingersoll & Stephen A. Ross - 1719-1722 Book Review
by Moshe A. Milevsky
June 2003, Volume 58, Issue 3
- 943-973 Corporate Financing: An Artificial Agent‐based Analysis
by Thomas H. Noe & Michael J. Rebello & Jun Wang - 975-1007 Idiosyncratic Risk Matters!
by Amit Goyal & Pedro Santa‐Clara - 1009-1032 Good Day Sunshine: Stock Returns and the Weather
by David Hirshleifer & Tyler Shumway - 1033-1062 Internal versus External Financing: An Optimal Contracting Approach
by Roman Inderst & Holger M. Müller - 1063-1085 Long‐run Performance after Stock Splits: 1927 to 1996
by Jinho Byun & Michael S. Rozeff - 1087-1111 Too Busy to Mind the Business? Monitoring by Directors with Multiple Board Appointments
by Stephen P. Ferris & Murali Jagannathan & A. C. Pritchard - 1113-1137 DotCom Mania: The Rise and Fall of Internet Stock Prices
by Eli Ofek & Matthew Richardson - 1139-1166 Convertible Securities and Venture Capital Finance
by Klaus M. Schmidt - 1167-1191 Integration of Lending and Underwriting: Implications of Scope Economies
by George Kanatas & Jianping Qi - 1193-1220 Managerial Incentives and Internal Capital Markets
by Adolfo de Motta - 1221-1246 What if Trading Location Is Different from Business Location? Evidence from the Jardine Group
by Kalok Chan & Allaudeen Hameed & Sie Ting Lau - 1247-1267 Market Maker Quotation Behavior and Pretrade Transparency
by Yusif Simaan & Daniel G. Weaver & David K. Whitcomb - 1269-1300 The Impact of Jumps in Volatility and Returns
by Bjørn Eraker & Michael Johannes & Nicholas Polson - 1301-1328 Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500
by Ronald C. Anderson & David M. Reeb
April 2003, Volume 58, Issue 2
- 1-1 Fischer Black Prize for 2003
by Raghuram G. Rajan - 483-517 Pseudo Market Timing and the Long‐Run Underperformance of IPOs
by Paul Schultz - 519-547 Entrenchment and Severance Pay in Optimal Governance Structures
by Andres Almazan & Javier Suarez - 549-575 Cross‐Border Listings and Price Discovery: Evidence from U.S.‐Listed Canadian Stocks
by Cheol S. Eun & Sanjiv Sabherwal - 577-608 Evidence of Information Spillovers in the Production of Investment Banking Services
by Lawrence M. Benveniste & Alexander Ljungqvist & William J. Wilhelm & Xiaoyun Yu - 609-641 The Value Spread
by Randolph B. Cohen & Christopher Polk & Tuomo Vuolteenaho - 643-684 The Level and Persistence of Growth Rates
by Louis K. C. Chan & Jason Karceski & Josef Lakonishok - 685-705 Role of Speculative Short Sales in Price Formation: The Case of the Weekend Effect
by Honghui Chen & Vijay Singal - 707-722 How Sensitive Is Investment to Cash Flow When Financing Is Frictionless?
by Aydoḡan Alti - 723-752 IPO Pricing in the Dot‐com Bubble
by Alexander Ljungqvist & William J. Wilhelm - 753-777 The Finite Moment Log Stable Process and Option Pricing
by Peter Carr & Liuren Wu - 779-804 Incentive Fees and Mutual Funds
by Edwin J. Elton & Martin J. Gruber & Christopher R. Blake - 805-819 A Generalization of the Brennan‐Rubinstein Approach for the Pricing of Derivatives
by António Câmara - 821-837 Evaluation Periods and Asset Prices in a Market Experiment
by Uri Gneezy & Arie Kapteyn & Jan Potters - 839-865 The Term Structure with Semi‐credible Targeting
by Heber Farnsworth & Richard Bass - 867-893 Excessive Dollar Debt: Financial Development and Underinsurance
by Ricardo J. Caballero & Arvind Krishnamurthy - 895-919 The Wealth Effects of Repurchases on Bondholders
by William F. Maxwell & Clifford P. Stephens - 921-937 Investor Protection and Firm Liquidity
by Paul Brockman & Dennis Y. Chung
February 2003, Volume 58, Issue 1
- 1-36 The Quiet Period Goes out with a Bang
by Daniel J. Bradley & Bradford D. Jordan & Jay R. Ritter - 37-70 Clearly Irrational Financial Market Behavior: Evidence from the Early Exercise of Exchange Traded Stock Options
by Allen M. Poteshman & Vitaly Serbin - 71-118 Why Do Managers Diversify Their Firms? Agency Reconsidered
by Rajesh K. Aggarwal & Andrew A. Samwick - 119-159 Modeling Sovereign Yield Spreads: A Case Study of Russian Debt
by Darrell Duffie & Lasse Heje Pedersen & Kenneth J. Singleton - 161-196 Asset Pricing with Conditioning Information: A New Test
by Kevin Q. Wang - 197-230 New Evidence on the Market for Directors: Board Membership and Pennsylvania Senate Bill 1310
by Jeffrey L. Coles & Chun‐Keung Hoi - 231-259 Dynamic Asset Allocation with Event Risk
by Jun Liu & Francis A. Longstaff & Jun Pan - 261-282 Dividend Taxes and Share Prices: Evidence from Real Estate Investment Trusts
by William M. Getry & Deen Kemsley & Christopher J. Mayer - 283-311 Delegated Portfolio Management and Rational Prolonged Mispricing
by Eitan Goldman & Steve L. Slezak - 313-351 Analyzing the Analysts: Career Concerns and Biased Earnings Forecasts
by Harrison Hong & Jeffrey D. Kubik - 353-374 Trade Credit, Financial Intermediary Development, and Industry Growth
by Raymond Fisman & Inessa Love - 375-399 Financial Distress and Bank Lending Relationships
by Sandeep Dahiya & Anthony Saunders & Anand Srinivasan - 401-446 A Monte Carlo Method for Optimal Portfolios
by Jérôme B. Detemple & Ren Garcia & Marcel Rindisbacher - 447-466 Capital Gains, Dividend Yields, and Expected Inflation
by Eugene A. Pilotte
December 2002, Volume 57, Issue 6
- 2379-2403 Effects of Corporate Diversification on Productivity
by Antoinette Schoar - 2405-2447 FX Trading and Exchange Rate Dynamics
by Martin D. D. Evans - 2449-2478 Momentum Trading by Institutions
by S.G. Badrinath & Sunil Wahal - 2479-2506 Learning about Internal Capital Markets from Corporate Spin‐offs
by Robert Gertner & Eric Powers & David Scharfstein - 2507-2532 When Is Bad News Really Bad News?
by Jennifer Conrad & Bradford Cornell & Wayne R. Landsman - 2533-2570 Does Distance Still Matter? The Information Revolution in Small Business Lending
by Mitchell A. Petersen & Raghuram G. Rajan - 2571-2594 Noise Trading, Costly Arbitrage, and Asset Prices: Evidence from Closed‐end Funds
by Gordon Gemmill & Dylan C. Thomas - 2595-2617 Long‐Run Performance following Private Placements of Equity
by Michael Hertzel & Michael Lemmon & James S. Linck & Lynn Rees - 2619-2650 Managerial Turnover and Leverage under a Takeover Threat
by Walter Novaes - 2651-2694 The Geography of Equity Listing: Why Do Companies List Abroad?
by Marco Pagano & Ailsa A. Röell & Josef Zechner - 2695-2740 Tunneling or Value Added? Evidence from Mergers by Korean Business Groups
by Kee‐Hong Bae & Jun‐Koo Kang & Jin‐Mo Kim - 2741-2771 Disentangling the Incentive and Entrenchment Effects of Large Shareholdings
by Stijn Claessens & Simeon Djankov & Joseph P. H. Fan & Larry H. P. Lang - 2773-2805 Internal Capital Markets in Financial Conglomerates: Evidence from Small Bank Responses to Monetary Policy
by Murillo Campello - 2807-2833 Entrepreneurship and Bank Credit Availability
by Sandra E. Black & Philip E. Strahan
October 2002, Volume 57, Issue 5
- 1857-1889 Takeover Defenses of IPO Firms
by Laura Casares Field & Jonathan M. Karpoff - 1891-1921 Information Production and Capital Allocation: Decentralized versus Hierarchical Firms
by Jeremy C. Stein - 1923-1949 Who Blinks in Volatile Markets, Individuals or Institutions?
by Patrick J. Dennis & Deon Strickland - 1951-1979 Global Diversification, Industrial Diversification, and Firm Value
by David J. Denis & Diane K. Denis & Keven Yost - 1981-1995 Survival Bias and the Equity Premium Puzzle
by Haitao Li & Yuewu Xu - 1997-2043 Term Structure of Interest Rates with Regime Shifts
by Ravi Bansal & Hao Zhou - 2045-2073 Valuation of the Debt Tax Shield
by Deen Kemsley & Doron Nissim - 2075-2112 Telling from Discrete Data Whether the Underlying Continuous‐Time Model Is a Diffusion
by Yacine Aït‐Sahalia - 2113-2141 Differences of Opinion and the Cross Section of Stock Returns
by Karl B. Diether & Christopher J. Malloy & Anna Scherbina - 2143-2165 A Test of the Errors‐in‐Expectations Explanation of the Value/Glamour Stock Returns Performance: Evidence from Analysts' Forecasts
by John A. Doukas & Chansog (Francis) Kim & Christos Pantzalis - 2167-2183 Corporate Diversification: What Gets Discounted?
by Sattar A. Mansi & David M. Reeb - 2185-2221 Is Information Risk a Determinant of Asset Returns?
by David Easley & Soeren Hvidkjaer & Maureen O'Hara - 2223-2261 No Contagion, Only Interdependence: Measuring Stock Market Comovements
by Kristin J. Forbes & Roberto Rigobon - 2263-2287 An Investigation of the Informational Role of Short Interest in the Nasdaq Market
by Hemang Desai & K. Ramesh & S. Ramu Thiagarajan & Bala V. Balachandran - 2289-2316 The Making of a Dealer Market: From Entry to Equilibrium in the Trading of Nasdaq Stocks
by Katrina Ellis & Roni Michaely & Maureen O'Hara - 2317-2336 Book‐to‐Market Equity, Distress Risk, and Stock Returns
by John M. Griffin & Michael L. Lemmon - 2337-2367 Empirical Evaluation of Asset‐Pricing Models: A Comparison of the SDF and Beta Methods
by Ravi Jagannathan & Zhenyu Wang
August 2002, Volume 57, Issue 4
- 1567-1591 Rational Asset Prices
by George M. Constantinides - 1593-1616 How Much Is Investor Autonomy Worth?
by Shlomo Benartzi & Richard H. Thaler - 1617-1648 Is Disinflation Good for the Stock Market?
by Peter Blair Henry - 1649-1684 Dividends, Share Repurchases, and the Substitution Hypothesis
by Gustavo Grullon & Roni Michaely - 1685-1730 Do Bonds Span the Fixed Income Markets? Theory and Evidence for Unspanned Stochastic Volatility
by Pierre Collin‐Dufresne & Robert S. Goldstein - 1731-1762 Explaining the Diversification Discount
by Jose Manuel Campa & Simi Kedia - 1763-1793 What Do Returns to Acquiring Firms Tell Us? Evidence from Firms That Make Many Acquisitions
by Kathleen Fuller & Jeffry Netter & Mike Stegemoller