Journal of Finance

1946 - 2025

From American Finance Association
Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().

Access Statistics for this journal.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

Volume 41, issue 5, 1986

An Analysis of Divestiture Effects Resulting from Deregulation pp. 997-1010

Andrew H Chen and Larry J Merville

Term Structure Movements and Pricing Interest Rate Contingent Claims pp. 1011-29

Thomas S Y Ho and Sang-bin Lee

Price Regulation in Property-Liability Insurance: A Contingent-Claims Approach pp. 1031-50

Neil A Doherty and James R Garven

Positively Weighted Portfolios on the Minimum-Variance Frontier pp. 1051-68

Richard Green

A Theory of Trading Volume pp. 1069-87

Jonathan Karpoff

Information Asymmetry and the Dealer's Bid-Ask Spread: A Case Study of Earnings and Dividend Announcements pp. 1089-1102

P C Venkatesh and R Chiang

Commercial Bank Portfolio Behavior and Endogenous Uncertainty pp. 1103-14

Bryan Stanhouse

Can Tax-Loss Selling Explain the January Seasonal in Stock Returns? pp. 1115-28

K C Chan

Contributing Authors and Institutions to the Journal of Finance: 1946-1985 pp. 1129-40

J Louis Heck, Philip L Cooley and Carl M Hubbard

A Note on Optimal Credit and Pricing Policy under Uncertainty: A Contingent-Claims Approach pp. 1141-48

Chun H Lam and Andrew H Chen

The Weekly Pattern in Stock Index Futures: A Further Note pp. 1149-52

Edward A Dyl and Edwin Maberly

Homogeneity Restrictions on the Translog Cost Model: A Note [Scale Economies in Banking: A Restructuring and Reassessment] pp. 1153-55

Asghar Zardkoohi, Nanda Rangan and James Kolari

The Role of Options in the Resolution of Agency Problems: A Comment [Theory of the Firm: Managerial Behaviour, Agency Costs and Ownership Structure] pp. 1157-70

Roger Farmer and Ralph Winter

The Role of Options in the Resolution of Agency Problems: A Reply pp. 1171-73

Robert A Haugen and Lemma W Senbet

Performance Hypothesis Testing with the Sharpe and Treynor Measures: A Comment pp. 1175-76

Charles Cadsby

Mean-Variance versus Direct Utility Maximization: A Comment pp. 1177-79

Donald W Reid and Bernard V Tew

Upper and Lower Bounds of Put and Call Option Value: Stochastic Dominance Approach--Erratum pp. 1181

Haim Levy

Volume 41, issue 4, 1986

Sample-Dependent Results Using Accounting and Market Data: Some Evidence pp. 779-93

Rolf W Banz and William J Breen

The Impact of Preferred-for-Common Exchange Offers on Firm Value pp. 795-814

J Michael Pinegar and Ronald C Lease

Price and Volume Effects Associated with Changes in the S&P 500 List: New Evidence for the Existence of Price Pressures pp. 815-29

Lawrence E Harris and Eitan Gurel

Asset Price Volatility, Bubbles, and Process Switching pp. 831-42

Robert Flood and Robert Hodrick

The Pricing of Futures and Options Contracts on the Value Line Index pp. 843-55

T Hanan Eytan and Giora Harpaz

Futures Options and the Volatility of Futures Prices pp. 857-70

Clifford A Ball and Walter N Torous

Pricing Risk-Adjusted Deposit Insurance: An Option-Based Model pp. 871-95

Ehud I Ronn and Avinash K Verma

A Model of International Asset Pricing with a Constraint on the Foreign Equity Ownership pp. 897-914

Cheol S Eun and S Janakiramanan

The Relationship between Arbitrage and First Order Stochastic Dominance pp. 915-21

Robert Jarrow

The Duration of an Adjustable-Rate Mortgage and the Impact of the Index pp. 923-33

Ott, Robert A,

Callable Bonds: A Risk-Reducing Signalling Mechanism pp. 935-49

Edward Henry Robbins and John D Schatzberg

Volume for Winners and Losers: Taxation and Other Motives for Stock Trading pp. 951-74

Josef Lakonishok and Seymour Smidt

A Note on the Local Expectations Hypothesis: A Discrete-Time Exposition pp. 975-79

Christian Gilles and Stephen LeRoy

A Note on Unanticipated Money Growth and Interest Rate Surprises: Mishkin and Makin Revisited pp. 981-85

Kevin Grier

Volume 41, issue 3, 1986

Noise pp. 529-43

Fischer Black

Valuation of Risky Assets in Arbitrage Free Economies with Frictions pp. 545-57

Eliezer Z Prisman

Valuation of Risky Assets in Arbitrage Free Economies with Frictions: Discussion pp. 557-60

Ehud I Ronn

LYON Taming pp. 561-76

John J McConnell and Eduardo S Schwartz

LYON Taming: Discussion pp. 576-77

Scott P Mason

Do Demand Curves for Stocks Slope Down? pp. 579-90

Andrei Shleifer

Does the Stock Market Rationally Reflect Fundamental Values? pp. 591-601

Lawrence Summers

Does the Stock Market Rationally Reflect Fundamental Values? Discussion pp. 601-02

Robert Stambaugh

Integration vs. Segmentation in the Canadian Stock Market pp. 603-14

Philippe Jorion and Eduardo Schwartz

Integration vs. Segmentation in the Canadian Stock Market: Discussion pp. 614-16

Bodurtha, James N,

The Empirical Implications of the Cox, Ingersoll, Ross Theory of the Term Structure of Interest Rates pp. 617-30

Stephen Brown and Philip Dybvig

The Empirical Implications of the Cox, Ingersoll, Ross Theory of the Term Structure of Interest Rates: Discussion pp. 630-32

Wayne E Ferson

Pricing New Corporate Bond Issues: An Analysis of Issue Cost and Seasoning Effects pp. 633-43

W K H Fung and Andrew Rudd

Pricing New Corporate Bond Issues: An Analysis of Issue Cost and Seasoning Effects: Discussion pp. 643-44

Taggart, Robert A,

An Economic Analysis of Interest Rate Swaps pp. 645-55

James Bicksler and Andrew H Chen

Inflation, Uncertainty, and Investment pp. 657-68

Carliss Y Baldwin and Richard S Ruback

Inflation, Uncertainty, and Investment: Discussion pp. 668-69

Alan Auerbach

Returns and Risks of U.S. Bank Foreign Currency Activities pp. 671-82

Theoharry Grammatikos, Anthony Saunders and Itzhak Swary

Returns and Risks of U.S. Bank Foreign Currency Activities: Discussion pp. 682-83

James A Brickley

The Timing and Substance of Divestiture Announcements: Individual, Simultaneous and Cumulative Effects pp. 685-96

April Klein

The Timing and Substance of Divestiture Announcements: Individual, Simultaneous and Cumulative Effects: Discussion pp. 696-97

Gailen L Hite

Discrete Expectational Data and Portfolio Performance pp. 699-713

Edwin J Elton, Martin J Gruber and Seth Grossman

Discrete Expectational Data and Portfolio Performance: Discussion pp. 713-14

Dennis E Logue

On Timing and Selectivity pp. 715-30

Admati, Anat R, et al

On Timing and Selectivity: Discussion pp. 730-32

Robert E Verrecchia

Optimal Portfolio Choice under Incomplete Information pp. 733-46

Gerard Gennotte

Optimal Portfolio Choice under Incomplete Information: Discussion pp. 747-49

David Feldman

Tax Clienteles and Asset Pricing pp. 751-62

Philip Dybvig and Stephen Ross

Tax Clienteles and Asset Pricing: Discussion pp. 762-63

Joseph Williams

Volume 41, issue 2, 1986

Benchmark Portfolio Inefficiency and Deviations from the Security Market Line pp. 295-312

Richard Green

International Arbitrage Pricing Theory: An Empirical Investigation pp. 313-29

D Chinhyung Cho, Cheol S Eun and Lemma W Senbet

On Exclusion of Assets from Tests of the Mean Variance Efficiency of the Market Portfolio: An Extension pp. 331-37

Jay Shanken

The Geometry of the Maximum Likelihood Estimator of the Zero-Beta Return pp. 339-46

Shmuel Kandel

On the Number of Factors in the Arbitrage Pricing Model pp. 347-68

Charles Trzcinka

Equilibrium Interest Rates and Multiperiod Bonds in a Partially Observable Economy pp. 369-82

Michael U Dothan and David Feldman

Asset Pricing in a Production Economy with Incomplete Information pp. 383-91

Jerome Detemple

The Pricing of Interest-Rate Risk: Evidence from the Stock Market pp. 393-410

Richard J Sweeney and Arthur D Warga

Options, Taxes, and Ex-Dividend Day Behavior pp. 411-24

Costas P Kaplanis

Loan Commitment Contracts, Terms of Lending, and Credit Allocation pp. 425-35

Arie Melnik and Steven Plaut

Deposit Insurance and the Discount Window: Pricing under Asymmetric Information pp. 437-50

George Kanatas

Shelf Registrations and Shareholder Wealth: A Comparison of Shelf and Traditional Equity Offerings pp. 451-63

Norman H Moore, David R Peterson and Pamela P Peterson

A Model of Dynamic Takeover Behavior pp. 465-80

Ronald M Giammarino and Robert L Heinkel

Price Movements as Indicators of Tender Offer Success pp. 481-99

William Samuelson and Leonard Rosenthal

Moral Hazard and Adverse Selection: The Question of Financial Structure pp. 501-13

Masako N Darrough and Neal M Stoughton

A Discrete Time Option Model Dependent on Expected Return: A Note pp. 515-20

Thomas J O'Brien

Volume 41, issue 1, 1986

Rights versus Underwritten Offerings: An Asymmetric Information Approach pp. 1-18

Robert L Heinkel and Eduardo S Schwartz

Asymmetric Information and Risky Debt Maturity Choice pp. 19-37

Mark Flannery

Informational Efficiency and Information Subsets pp. 39-52

Mark Latham

The Effects of Different Taxes on Risky and Risk-free Investment and on the Cost of Capital pp. 53-66

Yu Zhu and Irwin Friend

A Utility-based Model of Common Stock Price Movements pp. 67-92

Robert H Litzenberger and Ehud I Ronn

Stock Price Movements in Response to Stock Issues under Asymmetric Information pp. 93-105

William S Krasker

Earnings Announcements, Stock Price Adjustment, and the Existence of Option Markets pp. 107-25

Robert Jennings and Laura Starks

Valuation of American Futures Options: Theory and Empirical Tests pp. 127-50

Robert E Whaley

Efficiency Tests of the Foreign Currency Options Market pp. 151-62

Bodurtha, James N, and Georges R Courtadon

Beating the Foreign Exchange Market pp. 163-82

Richard J Sweeney

A Defense of Traditional Hypotheses about the Term Structure of Interest Rates pp. 183-93

John Campbell

Valuation and Optimal Exercise of the Wild Card Option in the Treasury Bond Futures Market pp. 195-207

Alex Kane and Alan Marcus

Asset Pricing and Expected Inflation pp. 209-23

René Stulz

Excess Asset Reversions and Shareholder Wealth pp. 225-41

Michael J Alderson and K C Chen

LaPlace Transforms as Present Value Rules: A Note pp. 243-47

Stephen A Buser

Some Aspects of Equilibrium for a Cross-section of Firms Signalling Profitability with Dividends: A Note pp. 249-53

Anil K Makhija and Howard E Thompson

The Effect of Three Mile Island on Utility Bond Risk Premia: A Note pp. 255-61

W Brian Barrett, Andrea J Heuson and Robert W Kolb

A Note on the Welfare Consequences of New Option Markets pp. 263-67

Barry Schachter

Testing Portfolio Efficiency When the Zero-Beta Rate Is Unknown: A Note pp. 269-76

Jay Shanken

Adjusting for Beta Bias: An Assessment of Alternative Techniques: A Note pp. 277-86

Thomas McInish and Robert A Wood