Rodney L. White Center for Financial Research Working Papers

From Wharton School Rodney L. White Center for Financial Research
Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().

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

14-79: Optimal Multi-Period Insurance Companies

Itzhak Venezia and Haim Levy

14-77: The Demand for Money and the Uncertainty of Interest Rates and Prices

J. M. Mason

14-76: Incomes' Policy and Tax Rate in the U.K

Norman A. Blackwell and Anthony M. Santomero

14-75: The Value of the Firm Under Regulation

Jeffrey F. Jaffe and Gershon Mandelker

14-74: The Two Tier Stock Market - Its Implications for Portfolio Management

Marshall E. Blume

14-73: An Application of the Decomposition Principle to Financial Decision Models

James R. Morris

14-72: Single Parameter Risk Measures and Multiple Sources of Risk: A Re-Examination of the Data Based on Changes in Determinants of Price and Beta Over Time (Revised)

Daniel Rie

14-00: Catching Up with the Joneses: Heterogeneous Preferences and the Dynamics of Asset Prices

Yeung Lewis Chan and Leonid Kogan

13-99: Asset Pricing Models: Implications for Expected Returns and Portfolio Selection

A. Craig MacKinlay and Lubos Pastor

13-98: Understanding the Nature of the Risks and the Source of Rewards to Momentum Investing

Bruce D. Grundy and J. Spencer Martin

13-97: The Information Value of Bond Ratings

Doron Kliger and Oded Sarig

13-96: The Declining Credit Quality of US Corporate Debt: Myth or Reality (Revised: 3-98)

Marshall E. Blume, Felix Lim and Craig A. MacKinlay

13-95: Does Section 16b Deter Insider Trading by Target Managers? [Are Target Managers Afraid of Section 16b?] (Revision of 16-94) (Reprint 048)

Anup Agrawal and Jeffrey F. Jaffe

13-94: A Welfare Comparison of the German and U.S. Financial Systems (Reprint 047)

Franklin Allen and Douglas Gale

13-92: Temporary Components of Stock Prices: A Skeptic's View (Reprint 032)

Matthew Richardson

13-91: The Behavior of Stock Returns Around N.B.E.R. Turning Points: An Overview (Revision of 5-91)

Jeremy J. Siegel

13-90: Stock Price Manipulation (Reprint 025)

Franklin Allen and Douglas Gale

13-89: Birth, Death and Taxes

Andrew Abel

13-88: Endogenous Government Spending & Ricardian Equivalence (Revised: 9-90)

Henning Bohn

13-87: A Simple Specification Test of the Random Walk Hypothesis

Andrew Lo and Craig A. MacKinlay

13-86: On the Assessment of Return Generating Models (Revision of 13-86)

M. E. Blume, M. Gultekin and B. Gultekin

13-84: Government Bond Returns, Measurement of Interest Rate Risk and the Arbitrage Pricing Theory (Revision of 21-83)

Bulent N. Gultekin and Richard Rogalski

13-83: Alternative Duration Specifications and the Measurement of Basis Risk: Empirical Tests

Bulent Gultekin and Richard Rogalski

13-82: The Real Exchange Rate, the Current Account and the Speed of Adjustment

Francesco Giavazzi and Charles Wyplosz

13-81: On the Exclusion of Assets from Tests of the Two-Parameter Model: A Sensitivity Analysis

Robert Stambaugh

13-80: Effect of Inflation on the Profitability and Valuation of U.S. Corporations

Irwin Friend and Joel Hasbrouck

13-79: Can State Bank Examination Data Replace FDIC Examination Visits

Mark Flannery

13-78: Factor Price Equalization Under Uncertainty

Bernard Dumas

13-77: The Pricing of Security Dealer Services: An Empirical Study of NASDAQ Stocks

Hans Stoll

13-76: The Value of an Option to Exchange One Asset for Another

William Margrabe

13-75: The Allocative Efficiency of the Private Housing Finance Sector

Robert H. Edelstein and Irwin Friend

13-74: A Model for Corporate Debt Maturity Decisions

James R. Morris

13-73: A Structural Study of the Income Velocity of Circulation

John M. Mason

13-72: Using the Capital Asset Pricing Model and the Market Model to Predict Security Returns (Revised)

Richardson R. Pettit and Randolph Westerfield

13-00: Risk Aversion and Optimal Portfolio Policies in Partial and General Equilibrium Economies

Leonid Kogan and Raman Uppal

12-99: Econometric Models of Limit-Order Executions

Andrew Lo, A. Craig MacKinlay and June Zhang

12-98: Capital Market Equilibrium with Differential Taxation

Suleyman Basak and Michael Gallmeyer

12-97: An Anatomy of Morningstar Ratings (Reprint 065)

Marshall E. Blume

12-96: A Specialist's Quoted Depth as a Strategic Choice Variable

Kenneth A. Kavajecz

12-95: Call Policies with Flotation Costs: A Dog Chasing Its Tail (Revised: 22-95)

Giovanni Barone-Adesi and Francisco A. Delgado

12-94: Anatomy of the Trading Process: Empirical Evidence on the Behavior of Institutional Traders (Revision of 18-93) (Reprint 045)

Donald Keim and Ananth Madhavan

12-93: An Exact Solution for the Investment and Market Value of a Firm Facing Uncertainty, Adjustment Costs, and Irreversibility

Andrew Abel and Janice Eberly

12-92: Soft Dollars and the Brokerage Industry (Reprint 034)

Marshall E. Blume

12-91: Robust Power Calculations with Tests for Serial Correlation in Stock Returns

Matthew Richardson and Tom Smith

12-90: Security Prices and Market Transparency (Revised: 1-92)

Ananth Madhavan

12-89: Expectations and Volatility of Long-Horizon Stock Returns

Shmuel Kandel and Robert Stambaugh

12-88: Pricing Physical Assets Internationally

Bernard Dumas

12-87: Ponzi Games and Ricardian Equivalence

Stephen O'Connell and Stephen Zeldes

12-86: Information Disclosure and Bank Runs

George Pennacchi

12-85: Contracts to Sell Information (Revised: 6-87)

Franklin Allen