Volume 2, Number 2, 1989
Does the Quality of Investment Banks Foretell the Outcome
Charles A. Stone and Anne-Marie Zissu …………………………………. 1
U.S. Direct Foreign Investment and Economic Growth in Brazil
Theologos Homer Bonitis and Raj Aggawal ……………………………… 12
Bank Capital Ratios and Macroeconomic Stability
John M. Finkelstein …………………………………………………………. 20
Devaluation and Inflationary Pressures in the Less Developed Countries
Sam Q. Ziorklui ………………………………………………………………. 31
Systematic Risk, Monopoly Power, and Factor Prices
K. Thomas Liaw………………………………………………………………. 46
Interest Rates Implied in the Prices of S&P 100 Options
Robert R. Trippi and Rebecca Jacob Abraham …………………………. 52
Offer Premiums in Stock Exchange Mergers And The Distribution
Insup Lee, R. Richardson Pettit and Ronald F. Singer ……………….. 67
Modelling Money Demand Functions with Exchange Rates
Augustine Arize, Gordian Ndubizu……………………………………….. 88
Volume 2, Number 1, 1989
Pricing of the Call and Sinking Fund Provisions on Corporate Bonds Under Interest Rate Risk: Empirical Evidence
Thomas S. Y. Ho and Sang Bin Lee………………………………………….. 1
The Multiplicity of Financial Intermediary Types: The Rationale Re-Examined
Raymond C. Chiang and John M. Finkelstein………………………………………….. 18
The Valuation of Options Embedded in Government Agricultural Loans
Ramon Rabinovitich………………………………………….. 30
The Intermarket Pricing Relations in the Foreign Currency Options Market
Thomas A. Rhee and Fuad A. Abdullah………………………………………….. 50
Capital Regulation and Bank Portfolio Risk
Yashwant S. Dhatt………………………………………….. 58
Market Reaction to Listings and Delistings in the Dow Jones Portfolios
Oscar Varela and P. R. Chandy………………………………………….. 67
Volume 1, Number 2, 1989
The Market Model Specification and the Structural Stability of the Beta
Gordian Ndubizu, Augustine C. Arize, and P. R. Chandy……………. 1
Evaluating the Mean-Gini Approach to Portfolio Selection
Haim Shalit and Shlomo Yitzhaki………………………………………… 15
U. S. Trade Imbalance and the Dollar: Is There a Correlation?
Khrosrow Fatemi……………………………………………………………. 32
A Monetary Model of the Brazilian Balance of Payments
Krishnamoorti Kasibhatla ………………………………………………….. 52
Industry Effect of Financial Structure in Multinational Corporations
Gulser Meric and Ilhan Meric………………………………………………. 60
Agency Cost of Asset Substitution: Some Additional Results
Sris Chatterjee………………………………………………………………… 64
Partial Equity Interests and Managerial Incentives
Chih-Chang Hsu and Thomas Liaw ……………………………………….. 72
Volume 1, Number 1, 1988
How A Closed-End Fund Can Out-Perform Its Own Stock Portfolio
Matiyahu Marcus and Uzi Yaari …………………………………… 1
Interest Rate, Wealth and the Consumption-Savings Decision: The Relationship Revisited
Donald N. Baum and Dilip K. Ghosh …………………………………… 15
Pricing Exchange Risk and Location Costs: An Empirical Investigation of the World Capital Markets
Jongmoo Choi …………………………………… 35
The Keynesian and the Monetary Approaches to International Finance: A Reexamination
John Malindretos …………………………………… 46
Selection and Revision Theoretic Exercises in Portfolio Analysis
Dilip K. Ghosh …………………………………… 90
Dividend Changes and Preferred Stock Returns
Iraj Fooladi and Gordon S. Roberts …………………………………… 96
The Real and Nominal Parameters in the CAPM: A Responsive Coefficient Approach
Cheng F. Lee, Frank C. Jen and K. C. John Wei …………………………………… 113