Details about Murray Frank

Access statistics for papers by Murray Frank.

Last updated 2019-01-08. Update your information in the RePEc Author Service.

Short-id: pfr9

Working Papers

2009

1. Capital Structure Decisions: Which Factors are Reliably Important?
   MPRA Paper, University Library of Munich, Germany View citations (843)
   See also Journal Article Capital Structure Decisions: Which Factors Are Reliably Important?, Financial Management, Financial Management Association International (2009) View citations (830) (2009)

1997

2. Why do stock prices drop by less than the value of the dividend? Evidence from a country without taxes
   Staff Report, Federal Reserve Bank of Minneapolis View citations (10)
   See also Journal Article Why do stock prices drop by less than the value of the dividend? Evidence from a country without taxes, Journal of Financial Economics, Elsevier (1998) View citations (110) (1998)

1995

3. Monopoly Pricing When Customers Queue
   Industrial Organization, University Library of Munich, Germany View citations (20)

1992

4. Market Conditions and Retirement of Physical Capital: Evidence fron Oil Tankers
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)

1989

5. NEAREST NEIGHBOR FORECASTS OF PRECIOUS METEL RATES OF RETURN
   Working Papers, University of Guelph, Department of Economics and Finance View citations (1)

1988

6. Empirical Tests of Ricardian Equivalence
   Working Paper, Economics Department, Queen's University
   See also Journal Article Experimental Tests of Ricardian Equivalence, Economic Inquiry, Western Economic Association International (1991) View citations (29) (1991)

1984

7. An Intertemporal Model of Bankruptcy
   Working Paper, Economics Department, Queen's University

1982

8. Expected Inflation in Canada 1965-1979: How Rational are Business Forecasts?
   Working Paper, Economics Department, Queen's University

Journal Articles

2018

1. How does the stock market absorb shocks?
   Journal of Financial Economics, 2018, 129, (1), 136-153 View citations (23)

2016

2. Are Direct Investments by the Federal Reserve a Good Idea? A Corporate Finance Perspective
   Quarterly Journal of Finance (QJF), 2016, 06, (03), 1-48 View citations (2)
3. Investment and the weighted average cost of capital
   Journal of Financial Economics, 2016, 119, (2), 300-315 View citations (60)

2015

4. The Profits–Leverage Puzzle Revisited
   Review of Finance, 2015, 19, (4), 1415-1453 View citations (24)

2009

5. Capital Structure Decisions: Which Factors Are Reliably Important?
   Financial Management, 2009, 38, (1), 1-37 View citations (830)
   See also Working Paper Capital Structure Decisions: Which Factors are Reliably Important?, MPRA Paper (2009) View citations (843) (2009)

2005

6. What Actually Happened to the Inventories of American Companies Between 1981 and 2000?
   Management Science, 2005, 51, (7), 1015-1031 View citations (80)

2004

7. The effect of market conditions on capital structure adjustment
   Finance Research Letters, 2004, 1, (1), 47-55 View citations (48)

2003

8. Testing the pecking order theory of capital structure
   Journal of Financial Economics, 2003, 67, (2), 217-248 View citations (656)

1998

9. Equilibrium Dominance in Experimental Financial Markets
   The Review of Financial Studies, 1998, 11, (1), 189-232 View citations (22)
10. Markets as Predictors of Election Outcomes: Campaign Events and Judgement Bias in the 1993 UBC Election Stock Market
    Canadian Public Policy, 1998, 24, (3), 329-351 View citations (1)
11. Why do stock prices drop by less than the value of the dividend? Evidence from a country without taxes
    Journal of Financial Economics, 1998, 47, (2), 161-188 View citations (110)
    See also Working Paper Why do stock prices drop by less than the value of the dividend? Evidence from a country without taxes, Staff Report (1997) View citations (10) (1997)

1995

12. Using Market Prices to Predict Election Results: The 1993 UBC Election Stock Market
    Canadian Journal of Economics, 1995, 28, (4a), 770-93 View citations (10)

1993

13. Evidence concerning non-linear structure in Canadian provincial unemployment rates
    Structural Change and Economic Dynamics, 1993, 4, (2), 333-343 View citations (6)

1991

14. Experimental Tests of Ricardian Equivalence
    Economic Inquiry, 1991, 29, (4), 645-64 View citations (29)
    See also Working Paper Empirical Tests of Ricardian Equivalence, Working Paper (1988) (1988)

1990

15. Pooling, Separating, and Semiseparating Equilibria in Financial Markets: Some Experimental Evidence
    The Review of Financial Studies, 1990, 3, (3), 315-42 View citations (29)

1989

16. Measuring the Strangeness of Gold and Silver Rates of Return
    The Review of Economic Studies, 1989, 56, (4), 553-567 View citations (60)

1988

17. An Intertemporal Model of Industrial Exit
    The Quarterly Journal of Economics, 1988, 103, (2), 333-344 View citations (62)
18. Chaotic Dynamics in Economic Time-Series
    Journal of Economic Surveys, 1988, 2, (2), 103-33 View citations (27)
19. International chaos?
    European Economic Review, 1988, 32, (8), 1569-1584 View citations (25)
20. Some evidence concerning macroeconomic chaos
    Journal of Monetary Economics, 1988, 22, (3), 423-438 View citations (30)
21. The stability of Canadian macroeconomic data as measured by the largest Lyapunov exponent
    Economics Letters, 1988, 27, (1), 11-14 View citations (4)