New Additions: (Scroll to bottom for most recent additions)
Security Analysis and Investment Strategy is now on the bookshelves -- available on Amazon.com from middle October 2004.
"Ex-Dividend Date Pricing of U.S. Closed-End Bond Funds "
This paper (with George Blazenko) has been accepted for publication at International Journal of Finance
(posted June /04)
"Executive Stock Options: Are Current Accounting Standards Adequate?"
This paper has been published in the Corporate Finance Review
vol.9 no.2: 5-19.
(posted July /04)
There is now a paper archive for my papers
that, for one reason or another, have not gotten enough attention
to get published.
Isaac Le Maire and the Early Trading in Dutch East
India Company Shares
This paper will appear as Chapter 3 in Pioneers of
Financial Economics Vol.I, Geoffrey Poitras (ed.),
Edward Elgar Publishing (2005) -- posted Nov 2004.
More on the Correct Use of Omnibus Tests for Normality
This paper is accepted for publication at Economics Letters .
(posted Feb. /05)
An earlier version of this paper with the formal statement
of the D'Agostino test can be found
here
Immunization Bounds, Time Value and Non-Parallel Yield Curve Shifts
This paper has been accepted for publication
at
Insurance and Risk Management (2008) -- posted
Sept. 2007.
This paper was also presented at the 2005 meetings of the Southern
Finance Association in Key West, FL, Nov.16-19,2005.
Duvillard's "Recherches sur les Rentes" (1787) and the Modified
Internal Rate of Return
This paper will appear as Chapter 6 in Pioneers of
Financial Economics , Vol.I, Geoffrey Poitras (ed.),
Edward Elgar Publishing (2005) -- posted May 2005.
Life Annuity Valuation: From de Witt and Halley to
de Moivre and Simpson
This paper will appear as Chapter 4 in Pioneers of
Financial Economics , Vol.I, Geoffrey Poitras (ed.),
Edward Elgar Publishing (2006) -- posted May 2005.
Put-Call Parity and the Early Exercise Premium for Currency Options
(with Chris Veld and Yuriy Zabolotnyuk) will be presented
at the 2006 meetings of the Multinational Finance Society
in Edinburgh, June 28-July 1, 2006 (posted March 2006).
The paper has also been accepted for publication in the
Review of Futures Markets (posted 3/07)
see the published paper .
Frederick R. Macaulay, Frank M. Redington and the Emergence
of Modern Fixed Income Analysis
This paper will appear as Chapter 4 in Pioneers of Financial
Economics Vol.II, Geoffrey Poitras (ed.), Edward Elgar Publishing (2007)
-- posted Jan. /06.
This paper was presented at the annual meetings of the Canadian Economics
Association in Montreal, May 2006 (posted June 2006).
Pioneers of Financial Economics: Contributions prior to Irving Fisher
is now on bookshelves -- available on Amazon.com from middle September 2006
(posted Sept. /06)
Accounting Standards for Employee Stock
Option Disclosure This paper will appear in International
Journal of Business Governace and Ethics (2008 forthcoming). An earlier version
of this paper
appeared as
Accounting Standards for Employee Stock
Option Disclosure: The Current Debate
in the Ukranian journal Corporate Ownership and Control
in vol. 5 (Aug. 2007)
(posted Oct. /06).
A version of this paper was presented at the 2007
McMaster World Congress on Corporate Governance, Jan. 24-6, 2007 in Hamilton, Ont..
The .ZIP file with the paper and .ppt of the presentation
can be found
HERE .
Risk
and
Futures Markets and Forward Markets
These papers will appear as entries in the
International Encyclopedia of the Social Sciences
2nd ed., Macmillan Reference (2007 forthcoming).