Research in Finance: A Research Annual (Hardcover) (ISBN-13: 9780762307173)

This volume consists of original research articles examining timely issues in financial services, asset pricing, and hedging. The articles in the first part of the volume deal with methods for assessing the safety and soundness of banks, rationales for and economic consequences of bank mergers, valuation effects of lender environmental liability, option-theoretic explanations of the closed-end mutual fund discount, and contingent-claims analysis of price-matching refunds. Articles in the second part of the volume study consumption smoothing and the equity premium puzzle, the yield spread of tax-deductible preferred stock, fitting a jump-diffusion model of currency futures options, duration effects on hedge ratios of currency futures, and dynamics between foreign exchange and stock markets in Southeast Asian economies.

Author: Andrew H. Chen
ISBN-10: 076230717X
ISBN-13: 9780762307173
Publisher: Jai Press Inc.
Language: English
Published: 06/22/2001
Pages: 268
Format: Hardcover
Weight: 1.22lbs
Size: 9.21h x 6.14w x 0.63d