Volume 37: Issue 2
(May 1982)

Issue Information


Front Matter (Page i - viii)

Article first published online: 12th February 2016 / DOI: 10.1111/j.1540-6261.1982.tb00881.x

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Back Matter (Page x - xviii)

Article first published online: 12th February 2016 / DOI: 10.1111/j.1540-6261.1982.tb00895.x

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Articles


[Photograph]: Franco Modigliani, President of the American Finance Association, 1981 (Page ix - ix)

Article first published online: 12th February 2016 / DOI: 10.1111/j.1540-6261.1982.tb00882.x

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Debt, Dividend Policy, Taxes, Inflation and Market Valuation (Page 255 - 273)

  • FRANCO MODIGLIANI

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03549.x

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Optimal Managerial Contracts and Equilibrium Security Prices (Page 275 - 287)

  • DOUGLAS W. DIAMOND
  • ROBERT E. VERRECCHIA

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03550.x

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Regulation and Corporate Investment Policy (Page 289 - 300)

  • MICHAEL J. BRENNAN
  • EDUARDO S. SCHWARTZ

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03551.x

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Miller’s Equilibrium, Shareholder Leverage Clienteles, and Optimal Capital Structure (Page 301 - 319)

  • E. HAN KIM

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03552.x

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DISCUSSION (Page 319 - 320)

  • J. R. RITTER

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03553.x

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DISCUSSION (Page 320 - 321)

  • S. C. MYERS

Article first published online: 12th February 2016 / DOI: 10.1111/j.1540-6261.1982.tb00883.x

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DISCUSSION (Page 321 - 323)

  • R. A. TAGGART

Article first published online: 12th February 2016 / DOI: 10.1111/j.1540-6261.1982.tb00884.x

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Single Factor Duration Models in a Discrete General Equilibrium Framework (Page 325 - 338)

  • G. O. BIERWAG
  • GEORGE G. KAUFMAN
  • ALDEN L. TOEVS

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03554.x

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Term Structure Modeling Using Exponential Splines (Page 339 - 348)

  • OLDRICH A. VASICEK
  • H. GIFFORD FONG

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03555.x

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Optimal Bond Trading with Personal Tax: Implications for Bond Prices and Estimated Tax Brackets and Yield Curves† (Page 349 - 352)

  • GEORGE M. CONSTANTINIDES
  • JONATHAN E. INGERSOLL

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03556.x

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DISCUSSION (Page 352 - 354)

  • L. FISHER

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03557.x

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DISCUSSION (Page 354 - 356)

  • J. V. JORDAN

Article first published online: 12th February 2016 / DOI: 10.1111/j.1540-6261.1982.tb00885.x

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A General Equilibrium Money and Banking Paradigm (Page 357 - 369)

  • ANTHONY M. SANTOMERO
  • JEREMY J. SIEGEL

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03558.x

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Aspects of Monetary and Banking Theory and Moral Hazard (Page 371 - 384)

  • SUDIPTO BHATTACHARYA

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03559.x

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Structural Disequilibrium and the Banking Act of 1980 (Page 385 - 393)

  • PAUL F. SMITH

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03560.x

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DISCUSSION (Page 393 - 395)

  • R. E. LOMBRA

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03561.x

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DISCUSSION (Page 395 - 397)

  • D. D. HESTER

Article first published online: 12th February 2016 / DOI: 10.1111/j.1540-6261.1982.tb00886.x

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DISCUSSION (Page 397 - 398)

  • D. E. LINDSEY

Article first published online: 12th February 2016 / DOI: 10.1111/j.1540-6261.1982.tb00887.x

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Estimating Security Price Risk Using Duration and Price Elasticity (Page 399 - 411)

  • ALEX O. WILLIAMS
  • PHILLIP E. PFEIFER

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03562.x

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DISCUSSION (Page 413 - 413)

  • E. SCHULMAN

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03563.x

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To Pay or Not to Pay Dividend* (Page 415 - 428)

  • NILS H. HAKANSSON

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03564.x

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The Effects of Dividends on Common Stock Prices Tax Effects or Information Effects? (Page 429 - 443)

  • ROBERT H. LITZENBERGER
  • KRISHNA RAMASWAMY

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03565.x

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The Ex‐Dividend Day Behavior of Stock Returns: Further Evidence on Tax Effects (Page 445 - 456)

  • PATRICK J. HESS

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03566.x

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Costly Contracting and Optimal Payout Constraints (Page 457 - 470)

  • KOSE JOHN
  • AVNER KALAY

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03567.x

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DISCUSSION (Page 470 - 472)

  • G. M. CONSTANTINIDES

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03568.x

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DISCUSSION (Page 472 - 474)

  • L. H. SUMMERS

Article first published online: 12th February 2016 / DOI: 10.1111/j.1540-6261.1982.tb00888.x

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DISCUSSION (Page 474 - 476)

  • M. R. GIBBONS

Article first published online: 12th February 2016 / DOI: 10.1111/j.1540-6261.1982.tb00889.x

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DISCUSSION (Page 476 - 479)

  • E. HAN KIM

Article first published online: 12th February 2016 / DOI: 10.1111/j.1540-6261.1982.tb00890.x

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The Regulation of Financial and Other Futures Markets (Page 481 - 491)

  • HENDRIK S. HOUTHAKKER

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03569.x

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Best Execution in Securities Markets: An Application of Signaling and Agency Theory (Page 493 - 504)

  • KENNETH D. GARBADE
  • WILLIAM L. SILBER

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03570.x

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Rule 144 Volume Limitations and the Sale of Restricted Stock in the Over‐The‐Counter Market (Page 505 - 517)

  • ALFRED E. OSBORNE

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03571.x

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DISCUSSION (Page 517 - 519)

  • F. R. EDWARDS

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03572.x

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DISCUSSION (Page 519 - 521)

  • S. SMIDT

Article first published online: 12th February 2016 / DOI: 10.1111/j.1540-6261.1982.tb00891.x

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DISCUSSION (Page 521 - 523)

  • A. KALAY

Article first published online: 12th February 2016 / DOI: 10.1111/j.1540-6261.1982.tb00892.x

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The Pricing of Commodity‐Linked Bonds (Page 525 - 539)

  • EDUARDO S. SCHWARTZ

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03573.x

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DISCUSSION (Page 540 - 541)

  • J. E. INGERSOLL

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03574.x

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Factor‐Related and Specific Returns of Common Stocks: Serial Correlation and Market Inefficiency (Page 543 - 554)

  • BARR ROSENBERG
  • ANDREW RUDD

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03575.x

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Risk Adjusted Equity Performance Measurement (Page 555 - 561)

  • JOHN NAGORNIAK

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03576.x

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Valuation Model Bias and the Scale Structure of Dividend Discount Returns** (Page 563 - 573)

  • RICHARD O. MICHAUD
  • PAUL L. DAVIS

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03577.x

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DISCUSSION (Page 573 - 576)

  • F. B. RENWICK

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03578.x

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Projecting the Financial Condition of a Pension Plan Using Simulation Analysis (Page 577 - 584)

  • LOUIS KINGSLAND

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03579.x

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Plasm: Pension Liability and Asset Simulation Model (Page 585 - 594)

  • HOWARD E. WINKLEVOSS

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03580.x

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SOFASIM: A Dynamic Insurance Model with Investment Structure, Policy Benefits and Taxes (Page 595 - 604)

  • ALICE B. GOLDSTEIN
  • BARBARA G. MARKOWITZ

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03581.x

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DISCUSSION (Page 604 - 606)

  • W. F. SHARPE

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03582.x

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DISCUSSION (Page 606 - 607)

  • IRWIN TEPPER

Article first published online: 12th February 2016 / DOI: 10.1111/j.1540-6261.1982.tb00893.x

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Minimax Behavior in Portfolio Selection (Page 609 - 614)

  • WILLIAM S. KRASKER

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03583.x

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Stochastic Portfolio Theory and Stock Market Equilibrium (Page 615 - 624)

  • ROBERT FERNHOLZ
  • BRIAN SHAY

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03584.x

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Prologue to a Unified Portfolio Theory (Page 625 - 635)

  • HERBERT F. AYRES
  • JOHN Y. BARRY

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03585.x

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American Finance Association: Minutes of the Annual Membership Meeting December 29, 1981 (Page 637 - 638)

  • Robert G. Hawkins

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03586.x

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Report of the Executive Secretary and Treasurer for the Year Ending September 30, 1981 (Page 639 - 641)

  • Robert G. Hawkins

Article first published online: 12th February 2016 / DOI: 10.1111/j.1540-6261.1982.tb00894.x

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Report of the Managing Editor of the Journal of Finance for 1981 (Page 643 - 649)

Article first published online: 30th April 2012 / DOI: 10.1111/j.1540-6261.1982.tb03587.x

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