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 29, issue 5, 1974

Rate Ceilings, Market Structure, and the Supply of Finance Company Personal Loans pp. 1363-82

Douglas F Greer

On the Effects of Statutory Interest Rate Ceilings pp. 1383-95

Kenneth L Avio

Growth, Consolidation and Mergers in Banking pp. 1397-1405

Stephen A Rhoades and Alexander J Yeats

Market Power, Profitability and Financial Leverage pp. 1407-14

Timothy G Sullivan

Efficient Estimation of Multivariate Financial Relationships pp. 1415-23

Richard G Marcis and V. Smith

The Interest-Induced Wealth Effect and the Behavior of Real and Nominal Interest Rates pp. 1425-35

Burton Zwick

Stock Price Dependencies and the Valuation of Risky Assets with Discontinuous Temporal Returns pp. 1437-48

Jeffrey F Jaffe and Larry J Merville

An Empirical Examination of Factors which Influence Warrant Prices pp. 1449-66

David F Rush and Ronald W Melicher

The Refunding Decision in Near Perfect Markets pp. 1467-77

Richard Kolodny

An Evaluation of the Empirical Significance of Optimal Seeking Algorithms in Portfolio Selection pp. 1479-90

R Burr Porter and Roger P Bey

On the Assessment of Risk: Some Further Considerations pp. 1491-94

Jerome B Baesel

Comparative Analysis of Risk Measures: France and the United States pp. 1495-1511

Edward Altman, Bertrand C Jacquillat and Michel Levasseur

The Impact of Bank Portfolio Decisions on the Balance of Payments: The German Experience pp. 1513-22

Rolf Mirus

Monetary Equilibrium and International Reserve Flows in Australia pp. 1523-30

Richard Zecher

The Yield Spread of New Issues of Corporate Bonds pp. 1531-43

Louis H Ederington

Home Mortgage Delinquencies: A Cohort Analysis pp. 1545-48

George von Furstenberg and R Jeffery Green

Pension Plan Liabilities and Corporate Financial Strategies pp. 1549-64

Irwin Tepper and A R P Affleck

A Note on the Uselessness of Transaction Demand Models pp. 1565-72

Daniel Orr

A Note on Mao's Growth Stock-Investment Opportunities Approach pp. 1573-76

Walton Taylor

An Overdue Note on Some "Ancient but Popular" Literature pp. 1577-80

Case M Sprenkle

A Note on the Cost of Trade Credit and the Discriminatory Effects of Monetary Policy pp. 1581-82

Richard H Keehn

Capital Budgeting under Uncertainty: A Reformation: Comment pp. 1583-84

Richard C Stapleton

Capital Budgeting under Uncertainty: A Reformation: Reply pp. 1585

Bierman, Harold, and Jerome E Hass

Volume 29, issue 4, 1974

Rising Interest Rates and Cost Push Inflation pp. 1049-61

Steven A Seelig

Excess Demand, Undercapitalization, and the True Interest Rate for Credit Union Loans in Unorganized Money Markets pp. 1063-76

Holmes, David N,

A Structural Study of the Income Velocity of Circulation pp. 1077-86

John M Mason

A Factor Analysis Approach to Determining the Relative Endogeniety of Trade Credit pp. 1087-1103

Anthony F Herbst

The Interest Sensitivity of the Flow of Funds through Life Insurance Companies: An Econometric Analysis pp. 1105-21

James Pesando

The Start-Up Experience of Minority-Owned Commercial Banks: A Comparative Analysis pp. 1123-41

John T Boorman and Myron L Kwast

Money and Income: The View from the Government Budget Restraint pp. 1143-48

Frank G Steindl

A Note on the Interest Elasticity of the Transactions Demand for Cash pp. 1149-52

Kenneth Lewis

Cost of Capital for a Division of a Firm pp. 1153-63

Myron J Gordon and Paul J Halpern

On the Existence of a Cost of Capital under Pure Capital Rationing pp. 1165-73

R M Burton and W W Damon

Market Equilibrium and Corporation Finance: Some Issues pp. 1175-88

Prem Kumar

Growth, Dividend Policy and Capital Costs in the Electric Utility Industry pp. 1189-1201

Robert C Higgins

The Lease-or-Buy and Asset Acquisition Decisions pp. 1203-14

Lawrence D Schall

A Note on the Apparent Bias of Net Revenue Estimates for Capital Investment Projects pp. 1215-16

Keith C Brown

Information Exchange in Security Markets and the Assumption of "Homogeneous Beliefs" pp. 1217-27

Peter S Albin

The Elasticity of Financial Assets pp. 1229-40

Robert A Haugen and Dean W Wichern

Capital Market Imperfections and the Composition of Optimal Portfolios pp. 1241-53

Marshall Sarnat

Toward the Development of Client-Specified Valuation Models pp. 1255-63

H Kent Baker and John A Haslem

Portfolio Theory when Investment Relatives are Lognormally Distributed pp. 1265-73

Edwin J Elton and Martin J Gruber

An Examination of the Yields of Corporate Bonds and Stocks pp. 1275-86

Richard L Norgaard

Correcting the Yield Curve: A Re-Interpretation of the Duration Problem pp. 1287-94

J L Carr, Paul J Halpern and J S McCallum

Citation Patterns in Finance Journals pp. 1295-1301

Paul W Hamelman and Edward M Mazze

Error Rates in CRSP and Compustat Data Bases and their Implications pp. 1303-10

Barr Rosenberg and Michel Houglet

The Relationship among Equity Markets: Comment pp. 1311-17

Michael Adler and Reuven Horesh

The Relationship among Equity Markets: Reply pp. 1318-19

Tamir Agmon

A Time Series Analysis of Post-Accord Interest Rates: Comment pp. 1320-25

John E Pippenger

Post Accord Interest Rates: A Reply pp. 1326-27

V. Smith and Richard G Marcis

Volume 29, issue 3, 1974

Marketability of Common Stocks in Canada and the U.S.A.: A Comparison of Agent versus Dealer Dominated Markets pp. 729-46

Seha Tinic and Richard R West

Financing Black Enterprise pp. 747-61

Timothy Bates

Credit Availability and Economic Decisions: Some Evidence from the Mortgage and Housing Markets pp. 763-77

Allan Meltzer

The Capital Decision in Commercial Banks pp. 779-95

John J Pringle

An Index for Evaluating Financial Performance pp. 797-814

L Shashua and Y Goldschmidt

Application of the Decomposition Principle to the Capital Budgeting Problem in a Decentralized Firm pp. 815-27

Willard T Carleton, Glen Kendall and Sanjiv Tandon

The Dynamics of Corporate Capital Budgeting pp. 829-45

Richard R Spies

A Limited-Diversification Portfolio Selection Model for the Small Investor pp. 847-56

Nancy L Jacob

Long-Term Growth in a Short-Term Market pp. 857-85

Eugene Fama and James D MacBeth

Efficient Capital Markets and the Quantity Theory of Money pp. 887-908

Richard V L Cooper

The Supply of Money and Common Stock Prices: Further Observations on the Econometric Evidence pp. 909-21

James Pesando

Temporal Cross-Section Specifications of the Demand for Demand Deposits pp. 923-40

Edgar Feige

Bank Credit and the Money Stock: Their Roles in the Determination of Income in the Post Accord Period pp. 941-54

Hunt, Lacy H,

The Upward Sloping IS Curve and the Control of Income and the Balance of Payments pp. 955-61

Paul Burrows

Need Interest Rates on Bank Loans and Deposits Move Sympathetically? pp. 963-71

Stuart I Greenbaum and Mukhtar M Ali

A Discriminant Analysis of Economic, Demographic, and Attitudinal Characteristics of Bank Charge-Card Holders: A Case Study pp. 973-80

Robert Y Awh and D Waters

Company Contributions to Discretionary Profit-Sharing Plans: A Quantitative Approach pp. 981-94

James P Monahan and Kenneth B Monahan

A Note on Discounting the Components of an Income Stream pp. 995-99

Fred D Arditti

A Note on the Balance of Payments Effects on the U.S. Capital Controls Program: Simulation Estimates pp. 1001-05

Sung Y Kwack

A Note on the Algebraic Equivalence of the Holt and Malkiel Models of Share Valuation pp. 1007-10

James M Warren

Conglomerate Performance Measurement: Comment pp. 1011-12

J Fred Weston and Surendra K Mansinghka

Conglomerate Performance Measurement: Reply pp. 1013-15

Samuel R Reid

Financial Disintermediation in a Macroeconomic Framework: Comment pp. 1016-19

Myron B Slovin

Volume 29, issue 2, 1974

The Economic and Finance Literature and Decision Making pp. 313-22

Sherman J Maisel

Reflections on Political Economy pp. 323-30

George P Shultz

Policy Implications of a Flow-of-Funds Model pp. 331-47

James S Duesenberry and Barry Bosworth

Short-Term Financial Models at the Federal Reserve Board pp. 349-57

James L Pierce and Thomas D Thomson

The Flow of Funds and Interest Rates-I: U.S. Financial Models: Discussion pp. 358-60

Stephen M Goldfeld

The Flow of Funds and Interest Rates-I: U.S. Financial Models: Discussion pp. 360-63

Allan Meltzer

The International Pricing of Risk: An Empirical Investigation of the World Capital Market Structure pp. 365-78

B H Solnik

World, National, and Industry Factors in Equity Returns pp. 379-91

Donald Lessard

Capital Asset Pricing Models in an International Context: Discussion pp. 392-95

Wallingford, Buckner A,

Capital Asset Pricing Models in an International Context: Discussion pp. 395-98

James L Bicksler

From Theory to a New Financial Product pp. 399-412

Fischer Black and Myron Scholes

The Individual Investor: Attributes and Attitudes pp. 413-33

Ronald C Lease, Wilbur G Lewellen and Gary G Schlarbaum

Individual Investors and Mutual Funds: Discussion pp. 434-38

John G McDonald

The Economic Determinants of Systematic Risk pp. 439-47

Alexander A Robichek and Richard A Cohn

On the Pricing of Corporate Debt: The Risk Structure of Interest Rates pp. 449-70

Robert Merton

The Value of Information and the Optimal Governmental Guarantee on its Agencies' Issues pp. 471-84

Robert H Edelstein

Risk, Information and Capital Budgeting: Discussion pp. 485-88

Long, John B,

Risk, Information and Capital Budgeting: Discussion pp. 488-92

Lawrence Fisher

Adaptation, Information, and Dependence in Commodity Markets pp. 493-98

Terrence F Martell and George C Philippatos

Stochastic Demand, Output and the Cost of Capital pp. 499-506

Michael S Long and George A Racette

The Tokyo Stock Exchange and the Capital Asset Pricing Model pp. 507-14

Sheila C Lau, Stuart R Quay and Carl M Ramsey

Portfolio Analysis under Uncertain Means, Variances, and Covariances pp. 515-22

Christopher B Barry

Finance and Investment: Refereed Papers I: Discussion pp. 523-26

George E Pinches

Entry, Control and the Market for Bank Charters pp. 527-35

Stuart I Greenbaum and Mukhtar M Ali

Systematic Risk, Financial Data, and Bond Rating Relationships in a Regulated Industry Environment pp. 537-44

Ronald W Melicher and David F Rush

Investor Evaluation of Foreign and Domestic Risk pp. 545-50

Alan K Severn

The Price Adjustment Process of Bonds to Rating Reclassifications: A Test of Bond Market Efficiency pp. 551-59

Steven Katz

Finance and Investment: Refereed Papers II: Discussion pp. 560-63

Victor L Andrews

Debt Management and the Form of Business Financing pp. 565-77

William L White

A Programming Approach to Corporate Financial Management pp. 579-99

Stewart C Myers and Gerald A Pogue

Capital Budgeting of Risky Projects with "Imperfect" Markets for Physical Capital pp. 601-13

Marcus C Bogue and Richard Roll

Corporate Finance and Capital Budgeting: Discussion pp. 614-16

Richard S Bower

Link Model Simulations of International Trade: An Evaluation of the Effects of Currency Realignment pp. 617-30

Keith N Johnson and Lawrence Klein

The Balance of Payments and Policy Mix: Simulations Based on a U.S. Model pp. 631-54

Peter Kenen

The Trade Effects of Direct Investment pp. 655-76

Michael Adler and Guy V G Stevens

International Trade and Finance: Balance of Payments and International Investment: Discussion pp. 677-80

C. Fred Bergsten

International Trade and Finance: Balance of Payments and International Investment: Discussion pp. 680-82

Helen B Junz

What Should Housing Policies Be? pp. 683-98

John Kain

What Should U.S. Housing Policies Be? pp. 699-721

Frank de Leeuw

Volume 29, issue 1, 1974

Interactions of Corporate Financing and Investment Decisions-Implications for Capital Budgeting pp. 1-25

Stewart C Myers

Generalized Mean-Variance Tradeoffs for Best Perturbation Corrections to Approximate Portfolio Decisions pp. 27-40

Paul Samuelson and Robert Merton

Market Access, Uncertainty, and Reserve-Position Adjustments of Large Commercial Banks in the 1960's pp. 41-56

Roger H Hinderliter

Money Creation and the Theory of the Banking Firm pp. 57-72

Richard E Towey

A Cross Section Study of the Demand for Money: The United States, 1960-62 pp. 73-88

Richard E Peterson

A Model of the Demand for Money by Households pp. 89-102

Anthony M Santomero

A Financial Sector Analysis of the Eurodollar Market pp. 103-17

Jay H Levin

The Cost of Capital and Valuation of a Two-Country Firm pp. 119-32

Michael Adler

A Model for the Integration of Credit and Inventory Management pp. 133-40

Michael Schiff and Zvi Lieber

Evidence on the Acquisition-Related Performance of Conglomerate Firms pp. 141-49

Ronald W Melicher and David F Rush

Predicting De Novo Expansion in Bank Merger Cases pp. 151-62

Gary G Gilbert

The Profitability of Multibank Holding Company Acquisitions pp. 163-74

Thomas R Piper and Steven J Weiss

The Joint Determination of Portfolio and Transaction Demands for Money pp. 175-86

Andrew H Y Chen, Frank C Jen and Stanley Zionts

The Relation of the Structure of Common Stock Prices to Historical, Expectational and Industrial Variables pp. 187-97

Frederick W Bell

A Note on the Return Behavior of High Risk Common Stocks pp. 199-202

Richard W McEnally

The Behavior of Investment Bankers: An Econometric Investigation pp. 203-15

Dennis E Logue and John R Lindvall

Some Factors Affecting Awareness of Annual Percentage Rates in Consumer Installment Credit Transactions pp. 217-25

George G C Parker and Robert P Shay

The Effects of State Usury Ceilings on Single Family Homebuilding pp. 227-35

Philip Robins

New Themes in Finance pp. 237-43

J Fred Weston

A General Solution to the Buy or Lease Decision: A Pedagogical Note pp. 245-50

Myron J Gordon

An Inter-Temporal Approach to the Optimization of Dividend Policy with Predetermined Investments: Comment pp. 251-53

Charles E Edwards and Stanley R Stansell

An Inter-Temporal Approach to the Optimization of Dividend Policy with Predetermined Investments: Comment pp. 254-57

Robert C Higgins

An Inter-Temporal Approach to the Optimization of Dividend Policy with Predetermined Investments: Comment pp. 258-59

Michael Brennan

Optimization of Dividend Policy and Capital Structure with Predetermined Investments: Comment pp. 260-63

Günter Franke

An Inter-Temporal Approach to the Optimization of Dividend Policy with Pre-Determined Investments: Reply pp. 264-66

Wallingford, Buckner A,

The Hunt Commission Report: A Further Comment pp. 267-69

Paul M Horvitz