Details about Alan J. Marcus

Access statistics for papers by Alan J. Marcus.

Last updated 2009-12-05. Update your information in the RePEc Author Service.

Short-id: pma1156

Working Papers

1990

1. Riding the Yield Curve: Reprise
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)

1989

2. An Equilibrium Theory of Excess Volatility and Mean Reversion in Stock Market Prices
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)

1987

3. Interest-Only/Principal-Only Mortgage-Backed Strips: A Valuation and Risk Analysis
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

1986

4. The Valuation of Security Analysis
   NBER Working Papers, National Bureau of Economic Research, Inc

1985

5. Defined Benefit versus Defined Contribution Pension Plans: What are the Real Tradeoffs?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
   See also Chapter Defined Benefit versus Defined Contribution Pension Plans: What are the Real Trade-offs?, NBER Chapters, National Bureau of Economic Research, Inc (1988) View citations (43) (1988)
6. Valuation and Optimal Exercise of the Wild Card Option in the Treasury Bond Futures Market
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
   See also Journal Article Valuation and Optimal Exercise of the Wild Card Option in the Treasury Bond Futures Market, Journal of Finance, American Finance Association (1986) View citations (6) (1986)

1984

7. Debt Policy and the Rate of Return Premium to Leverage
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
   See also Journal Article Debt Policy and the Rate of Return Premium to Leverage, Journal of Financial and Quantitative Analysis, Cambridge University Press (1985) View citations (73) (1985)
8. How Big is the Tax Advantage to Debt?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (38)
   See also Journal Article How Big Is the Tax Advantage to Debt?, Journal of Finance, American Finance Association (1984) View citations (40) (1984)
9. Pension Plan Integration as Insurance Against Social Security Risk
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
   See also Chapter Pension Plan Integration As Insurance Against Social Security Risk, NBER Chapters, National Bureau of Economic Research, Inc (1987) View citations (14) (1987)

1983

10. Corporate Pension Policy and the Value of PBGC Insurance
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    See also Chapter Corporate Pension Policy and the Value of PBGC Insurance, NBER Chapters, National Bureau of Economic Research, Inc (1987) View citations (20) (1987)
11. Earnings and Dividend Announcements is there a Corroboration Effect?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Journal Article Earnings and Dividend Announcements: Is There a Corroboration Effect?, Journal of Finance, American Finance Association (1984) View citations (56) (1984)

Journal Articles

2009

1. Opaque financial reports, R2, and crash risk
   Journal of Financial Economics, 2009, 94, (1), 67-86 View citations (769)

2008

2. Corporate governance and pay-for-performance: The impact of earnings management
   Journal of Financial Economics, 2008, 87, (2), 357-373 View citations (178)

2007

3. The impact of institutional ownership on corporate operating performance
   Journal of Banking & Finance, 2007, 31, (6), 1771-1794 View citations (210)

2005

4. Optimal Estimation of the Risk Premium for the Long Run and Asset Allocation: A Case of Compounded Estimation Risk
   Journal of Financial Econometrics, 2005, 3, (1), 37-55 View citations (16)

1993

5. Does Sentiment Explain Closed-End Fund Discounts? Evidence from Bond Funds
   The Financial Review, 1993, 28, (4), 607-16 View citations (16)

1992

6. PROJECT VALUATION UNDER UNCERTAINTY: WHEN DOES DCF FAIL?
   Journal of Applied Corporate Finance, 1992, 5, (3), 92-100 View citations (22)
7. What's special about the specialist?
   Journal of Financial Economics, 1992, 32, (1), 61-86 View citations (82)

1988

8. Quotas as options: Valuation and equilibrium implications
   Journal of International Economics, 1988, 24, (3-4), 255-274 View citations (7)
9. The Delivery Option on Forward Contracts: A Note
   Journal of Financial and Quantitative Analysis, 1988, 23, (3), 337-341 View citations (1)

1987

10. A model of strategic default of sovereign debt
    Journal of Economic Dynamics and Control, 1987, 11, (4), 483-498 View citations (13)

1986

11. The Valuation of a Random Number of Put Options: An Application to Agricultural Price Supports
    Journal of Financial and Quantitative Analysis, 1986, 21, (1), 73-86 View citations (13)
12. Valuation and Optimal Exercise of the Wild Card Option in the Treasury Bond Futures Market
    Journal of Finance, 1986, 41, (1), 195-207 View citations (6)
    See also Working Paper Valuation and Optimal Exercise of the Wild Card Option in the Treasury Bond Futures Market, NBER Working Papers (1985) View citations (2) (1985)

1985

13. Debt Policy and the Rate of Return Premium to Leverage
    Journal of Financial and Quantitative Analysis, 1985, 20, (4), 479-499 View citations (73)
    See also Working Paper Debt Policy and the Rate of Return Premium to Leverage, NBER Working Papers (1984) View citations (4) (1984)
14. Spinoff-Terminations and the Value of Pension Insurance
    Journal of Finance, 1985, 40, (3), 911-24 View citations (9)

1984

15. Earnings and Dividend Announcements: Is There a Corroboration Effect?
    Journal of Finance, 1984, 39, (4), 1091-99 View citations (56)
    See also Working Paper Earnings and Dividend Announcements is there a Corroboration Effect?, NBER Working Papers (1983) View citations (3) (1983)
16. Efficient Asset Portfolios and the Theory of Normal Backwardation: A Comment
    Journal of Political Economy, 1984, 92, (1), 162-64 View citations (20)
17. Efficient risk sharing, non-marketable labor income and fixed-wage contracts
    European Economic Review, 1984, 25, (3), 373-385
18. Futures Markets and Production Decisions
    Journal of Political Economy, 1984, 92, (3), 409-26 View citations (15)
19. How Big Is the Tax Advantage to Debt?
    Journal of Finance, 1984, 39, (3), 841-53 View citations (40)
    See also Working Paper How Big is the Tax Advantage to Debt?, NBER Working Papers (1984) View citations (38) (1984)
20. The Relationship between Accounting Measures and Prospective Probabilities of Insolvency: An Application to the Banking Industry
    The Financial Review, 1984, 19, (1), 67-83 View citations (2)
21. The Valuation of FDIC Deposit Insurance Using Option-pricing Estimates
    Journal of Money, Credit and Banking, 1984, 16, (4), 446-60 View citations (152)

1983

22. The Bank Capital Decision: A Time Series-Cross Section Analysis
    Journal of Finance, 1983, 38, (4), 1217-32 View citations (72)

1982

23. Risk Sharing and the Theory of the Firm
    Bell Journal of Economics, 1982, 13, (2), 369-378 View citations (10)

1979

24. Information, motivation, and control in decentralized planning: the case of discretionary managerial behavior
    Journal of Comparative Economics, 1979, 3, (3), 235-253 View citations (2)
25. Money demand during hyperinflation
    Journal of Monetary Economics, 1979, 5, (1), 97-104 View citations (28)

Chapters

2010

1. Comment on "Valuing Government Guarantees: Fannie and Freddie Revisited"
   A chapter in Measuring and Managing Federal Financial Risk, 2010, pp 154-161

1988

2. Defined Benefit versus Defined Contribution Pension Plans: What are the Real Trade-offs?
   A chapter in Pensions in the U.S. Economy, 1988, pp 139-162 View citations (43)
   See also Working Paper Defined Benefit versus Defined Contribution Pension Plans: What are the Real Tradeoffs?, National Bureau of Economic Research, Inc (1985) View citations (13) (1985)

1987

3. Corporate Pension Policy and the Value of PBGC Insurance
   A chapter in Issues in Pension Economics, 1987, pp 49-80 View citations (20)
   See also Working Paper Corporate Pension Policy and the Value of PBGC Insurance, National Bureau of Economic Research, Inc (1983) View citations (1) (1983)
4. Pension Plan Integration As Insurance Against Social Security Risk
   A chapter in Issues in Pension Economics, 1987, pp 147-172 View citations (14)
   See also Working Paper Pension Plan Integration as Insurance Against Social Security Risk, National Bureau of Economic Research, Inc (1984) View citations (5) (1984)