THE ECONOMIC AND FINANCE LITERATURE AND DECISION MAKING
Pages: 313-322 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03046.x | Cited by: 3
Sherman J. Maisel
Pages: 323-330 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03047.x | Cited by: 1
Session Topic: The Flow of Funds and Interest Rates—I: U.S. Financial Models
Pages: 331-347 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03048.x | Cited by: 0
Lawrence S. Ritter, James Duesenberry, Barry Bosworth
SHORT‐TERM FINANCIAL MODELS AT THE FEDERAL RESERVE BOARD
Pages: 349-357 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03049.x | Cited by: 0
James L. Pierce, Thomas D. Thomson
Pages: 358-363 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03050.x | Cited by: 0
Stephen M. Goldfeld, Allan H. Meltzer
Session Topic: Capital Asset Pricing Models in an International Context
Pages: 365-378 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03051.x | Cited by: 6
Michael Adler, B. H. Solnik
WORLD, NATIONAL, AND INDUSTRY FACTORS IN EQUITY RETURNS
Pages: 379-391 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03052.x | Cited by: 114
Donald R. Lessard
Pages: 392-398 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03053.x | Cited by: 7
Buckner A. Wallingford, James L. Bicksler
Session Topic: Individual Investors and Mutual Funds
Pages: 399-412 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03054.x | Cited by: 4
Jack L. Treynor, Fischer Black, Myron Scholes
Summary. The modern theory of finance suggests that most investors should put part or all of their money into a “market portfolio” mixed with borrowing or lending. Empirical evidence generally supports the theory, but there are some unanswered questions about the composition of the best market portfolio, about the apparent attractiveness of low risk stocks relative to high risk stocks, and about ways of minimizing transaction costs. Attempts to create a fund based on these principles and to make it available to a large number of investors have uncovered some important problems. Legal costs due to government regulation, the costs of managing a fund, and especially the costs of selling it are all much higher than one might expect. Despite these problems, efforts to create such funds seem destined for eventual success.
THE INDIVIDUAL INVESTOR: ATTRIBUTES AND ATTITUDES
Pages: 413-433 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03055.x | Cited by: 101
Ronald C. Lease, Wilbur G. Lewellen, Gary G. Schlarbaum
Pages: 434-438 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03056.x | Cited by: 0
John G. McDonald
Session Topic: Risk, Information and Capital Budgeting
Pages: 439-447 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03057.x | Cited by: 5
William F. Sharpe, Alexander A. Robichek, Richard A. Cohn
ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*
Pages: 449-470 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03058.x | Cited by: 2444
Robert C. Merton
THE VALUE OF INFORMATION AND THE OPTIMAL GOVERNMENTAL GUARANTEE ON ITS AGENCIES' ISSUES
Pages: 471-484 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03059.x | Cited by: 1
Robert H. Edelstein
Pages: 485-492 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03060.x | Cited by: 6
John B. Long, Lawrence Fisher
Session Topic: Finance and Investment: Refereed Papers I
Pages: 493-498 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03061.x | Cited by: 0
Charles W. Haley, Terrence F. Martell, George C. Philippatos
STOCHASTIC DEMAND, OUTPUT AND THE COST OF CAPITAL
Pages: 499-506 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03062.x | Cited by: 4
Michael S. Long, George A. Racette
THE TOKYO STOCK EXCHANGE AND THE CAPITAL ASSET PRICING MODEL
Pages: 507-514 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03063.x | Cited by: 11
Sheila C. Lau, Stuart R. Quay, Carl M. Ramsey
PORTFOLIO ANALYSIS UNDER UNCERTAIN MEANS, VARIANCES, AND COVARIANCES
Pages: 515-522 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03064.x | Cited by: 104
Christopher B. Barry
Pages: 523-526 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03065.x | Cited by: 1
George C. Pinches
Session Topic: Finance and Investment: Refereed Papers II
Pages: 527-535 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03066.x | Cited by: 0
Eugene F. Brigham, Stuart I. Greenbaum, Mukhtar M. Ali
SYSTEMATIC RISK, FINANCIAL DATA, AND BOND RATING RELATIONSHIPS IN A REGULATED INDUSTRY ENVIRONMENT
Pages: 537-544 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03067.x | Cited by: 9
Ronald W. Melicher, David F. Rush
INVESTOR EVALUATION OF FOREIGN AND DOMESTIC RISK
Pages: 545-550 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03068.x | Cited by: 18
Alan K. Severn
THE PRICE ADJUSTMENT PROCESS OF BONDS TO RATING RECLASSIFICATIONS: A TEST OF BOND MARKET EFFICIENCY
Pages: 551-559 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03069.x | Cited by: 51
Steven Katz
Pages: 560-563 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03070.x | Cited by: 1
Victor L. Andrews
Session Topic: Corporate Finance and Capital Budgeting
Pages: 565-577 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03071.x | Cited by: 1
James Van Horn, William L. White
A PROGRAMMING APPROACH TO CORPORATE FINANCIAL MANAGEMENT
Pages: 579-599 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03072.x | Cited by: 22
STEWART C. MYERS, GERALD A. POGUE
CAPITAL BUDGETING OF RISKY PROJECTS WITH “IMPERFECT” MARKETS FOR PHYSICAL CAPITAL
Pages: 601-613 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03073.x | Cited by: 32
MARCUS C. BOGUE, RICHARD ROLL
Pages: 614-616 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03074.x | Cited by: 0
RICHARD S. BOWER
Session Topic: International Trade and Finance: Balance of Payments And International Investment
Pages: 617-630 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03075.x | Cited by: 0
LAWRENCE B. KRAUSE, KEITH JOHNSON, LAWRENCE R. KLEIN
THE BALANCE OF PAYMENTS AND POLICY MIX: SIMULATIONS BASED ON A U.S. MODEL
Pages: 631-654 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03076.x | Cited by: 0
PETER B. KENEN
THE TRADE EFFECTS OF DIRECT INVESTMENT
Pages: 655-676 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03077.x | Cited by: 13
Michael Adler, Guy V. G. Stevens
Pages: 677-682 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03078.x | Cited by: 1
C. FRED BERGSTEN, HELEN B. JUNZ
Session Topic: What Should Housing Policies be?
Pages: 683-698 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03079.x | Cited by: 0
ANTHONY DOWNS, JOHN F. KAIN
WHAT SHOULD U.S. HOUSING POLICIES BE?
Pages: 699-721 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03080.x | Cited by: 1
FRANK DE LEEUW
Pages: 722-722 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03081.x | Cited by: 0
R
Pages: 723-725 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03083.x | Cited by: 0
Robert A. Kavesh
American Finance Association Business Proceedings
Pages: 723-723 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03082.x | Cited by: 0
Robert A. Kavesh
R
Pages: 725-727 | Published: 5/1974 | DOI: 10.1111/j.1540-6261.1974.tb03084.x | Cited by: 0
ALEXANDER A. ROBICHEK