Recent Journal Publications

2008

• Barker, David, “Ethics and Lobbying: The Case of Real Estate Brokerage.”  Journal of Business Ethics, June 2008.

• Bates, David,  "The Market for Crash Risk,” Journal of Economic Dynamics and Control, Forthcoming

• Billett, Matthew, “Are Overconfident CEOs Born or Made? Evidence of Self-Attribution Bias from Frequent Acquirers,” (with Yiming Qian), Management Science, forthcoming.

• Houge, Todd, “The Long Term Impact of Rebalancing the Russell 2000 Index,” (with Jie Cai), 2008, forthcoming, Financial Analysts Journal

• Qian, Yiming, “Are Overconfident CEOs Born or Made? Evidence of Self-Attribution Bias from Frequent Acquirers,” (with Matthew T. Billett), Management Science, forthcoming.

• Rietz, Thomas A., "On the Performance of the Lottery Procedure for Controlling Risk Preferences," (with Joyce Berg and John Dickhaut). Handbook of Experimental Economic Results, forthcoming. 

• Rietz, Thomas A., "Results from a Dozen Years of Election Futures Markets Research," (with Joyce Berg, Forrest Nelson, and Robert Forsythe). Handbook of Experimental Economics Results, forthcoming.

• Rietz, Thomas A., "Three-way Experimental Election Results: Strategic Voting, Coordinated Outcomes and Duverger’s Law." Handbook of  Experimental Economics Results, forthcoming.

• Rietz, Thomas, “Prediction Market Accuracy in the Long Run.” Forthcoming, International Journal of Forecasting.  (With Forrest Nelson and Joyce Berg.)

• Rietz, Thomas, “Majority Requirements and Voter Coordination." Forthcoming, NYU Annual Survey of American Law.  (With Rebecca Morton.)

• Tiwari, Ashish, “Incentive Contracts in Delegated Portfolio Management,” (with Wei Li), Review of Financial Studies, forthcoming.

• Weller, Paul A., “The Adaptive Market Hypothesis:  Evidence from the Foreign Exchange Market,” (with Christopher Neely and Joshua Ulrich), forthcoming, Journal of Financial and Quantitative Analysis
  

2007

• Barker, David, "The Geography of S&P Stock Returns," with Tim Loughran,
  Journal of Behavioral Finance, Vol 8(4), 2007.

• Barker, David "Urban Land Rents in the United States"  Land Policies and their Outcomes, Cambridge: Lincoln Institute of Land Policy.

• Billett, Matthew T., "The Takeover Deterrent Effect of Open Market Share Repurchases,”  (with Hui Xue),  Journal of Finance, 2007, 62(4), pp.  1827-1850.
• Billett, Matthew T., (with Hui Xue), 2007,  “Share Repurchases and the Need for External Finance,”  Journal of Applied Corporate Finance 19 (3) , 42–55

• Billett, Matthew T., "The Effect of Growth Opportunities on the Joint Choice of Leverage, Maturity and Covenants" (with Dolly King and David Mauer), Journal of Finance, 2007, 62(2), pp. 697-730.  
• Garfinkel, Jon, “Information, Incentive Alignment and Company-Loan Financing of Insider Trades” (with Kathy Kahle and Kuldeep Shastri), Financial Management, Winter 2007, v. 36, no. 4, pp. 67-87.
• Houge, Todd “The Use and Abuse of Mutual Fund Expenses” (with Jay Wellman), Journal of Business Ethics, 2007, 70, No. 1, 23-32.
• Lie, Erik, “Does Backdating Explain the Stock Price Pattern Around Executive Stock Option Grants?” (with Randall A. Heron). Journal of Financial Economics, February 2007, 83, pp. 271-295.
• Lie, Erik, “On the Use (and Abuse) of Stock Option Grants,” with Randall A. Heron and Tod Perry, Financial Analysts Journal 63, May/June 2007, pp. 17-27.

• Rietz, Thomas, “Prediction Market Accuracy in the Long Run.” International Journal of Forecasting, (with Forrest Nelson and Joyce Berg,) forthcoming

• Rietz, Thomas, Majority Requirements and Voter Coordination." NYU Annual Survey of American Law, (with Rebecca Morton,) forthcoming

• Vijh, Anand  2007, Incentive Effects of Stock and Option Holdings of Target and Acquirer CEOs, (with Jie Cai) The Journal of Finance 61, 1891-1933.

• Weller, Paul A., “Central Bank Intervention with Limited Arbitrage,” (with Christopher Neely). International Journal of Finance and Economics, 12, 2007, 249-260.

• Weller, Paul A., “The Predictive Power of “Head-and-Shoulders” Price Patterns in the U.S. Stock Market,” (with N. Eugene Savin and Janis Zvingelis). Journal of Financial Econometrics 5, 2007, 243-265.

 2006

• Bates, David S., "Maximum Likelihood Estimation of Latent Affine Processes," Review of Financial Studies, Fall 2006, v. 19, no. 3, pp. 909–965.
• Billett, Matthew T., "Are Bank Loans Special? Evidence from the Post-Announcement Performance of Bank Borrowers" (with Mark Flannery and Jon Garfinkel). Journal of Financial and Quantitative Analysis, 2006, 41, pp. 733-751.
• Garfinkel, Jon A., "Are Bank Loans Special? Evidence from the Post-Announcement Performance of Bank Borrowers" (with Matt Billett and Mark Flannerty). Journal of Financial and Quantitative Analysis, 2006, 41, pp. 733-751.
• Garfinkel, Jon A., "Volume, Opinion Divergence and Returns: A Study of Post – Earnings Announcement Drift," (with Jonathan Sokobin). Journal of Accounting Research, March 2006, v. 44, no. 1, pp. 85-112.
• Handa, Puneet, "Does Stock Return Predictability Imply Improved Asset Allocation and Performance? Evidence from the U.S. Stock Market (1954-2002)," (with Ashish Tiwari). Journal of Business, 2006, v. 79, no. 5.
• Houge, Todd, “Do Investors Capture the Value Premium?” (with Tim Loughran). Financial Management 35, 2006, No. 2 (Summer), 5-19.
• Lie, Erik, “Dividend Changes and Catering Incentives” (with Wei Li). Journal of Financial Economics 80, May 2006, pp. 293-308.
• Lie, Erik, "“On the Use of Poison Pills and Defensive Payouts by Takeover Targets” (with Randall A. Heron). Journal of Business 79, July 2006, pp. 1783-1807.
• Rietz, Thomas A., "The Iowa Electronic Market: Lessons Learned and Answers Yearned" (with Joyce Berg). Information Markets: A New Way of Making Decisions in the Public and Private Sectors. Paul Tetlock and Robert Litan (eds.). AEI_Brookings Joint Center, Washington, D.C., 2006.
• Tiwari, Ashish, "Does Stock Return Predictability Imply Improved Asset Allocation and Performance? Evidence from the U.S. Stock Market (1954-2002)," (with Puneet Handa). Journal of Business, 2006, v. 79, no. 5.
• Tiwari, Ashish, "Stock Return Momentum and Investor Fund Choice" (with Travis Sapp). Journal of Investment Management, 2006.
• Vijh, Anand M., 2006, "Does a Parent-Subsidiary Structure Enhance Financing Flexibility?" The Journal of Finance 61, 1337-1360.
• Weller, Paul A., “Quantifying Cognitive Biases in Analyst Earnings Forecasts,” (with Geoff Friesen). Journal of Financial Markets 9, 2006, 333-365.

• Bates, David S., "Hedging the Smirk," Finance Research Letters, December 2005, v. 2, no. 4, pp. 195-200.
• Houge, Todd, "Fallout from the Mutual Fund Trading Scandal," (with Jay Wellman), Journal of Business Ethics, 2005, v. 62, no. 2, pp. 129-139.
• Lie, Erik, "Financial Flexibility, Performance, and the Corporate Payout Choice," Journal of Business, November 2005, v. 78, pp. 27-53.
• Lie, Erik, "On the Timing of CEO Stock Option Rewards," Management Science, May 2005, v.51, pp. 802-812.
• Lie, Erik, "Operating Performance Following Dividend Decreases and Omissions," Journal of Corporate Finance, December 2005, v.12, pp. 27-53.
• Lie, Erik, "Operating Performance Following Open Market Share Repurchase Announcements," Journal of Accounting and Economics, September 2005, v. 39, pp. 411-436.
• Rietz, Thomas A., "The Effects of Videoconferencing, Class Size, and Learner Characteristics on Training Outcome," (with Ken Brown and Brenda Sugrue), Performance Improvement Quarterly, 2005, v. 18, pp. 59-82.
• Rietz, Thomas A., "The Iowa Electronic Market: Lessons Learned and Answers Yearned," (with Joyce Berg), Information Markets: A New Way of Making Decisions on the Public and Private Sectors. Paul Tetlock and Robert Litan (eds.). AEI-Brookings Joint Center, Washington, D.C., 2005.
• Vijh, Anand M., "Executive Stock and Option Valuation in a Two State-Variable Framework," (with Jie Cai), Journal of Derivatives, 2005, v. 12, pp. 9-27 (lead article).

• Billett, Matthew T., "Bondholder Wealth Effects in Mergers and Acquisitions: New Evidence from the 1980s and 1990s," (with Dolly King and David C. Mauer), Journal of Finance, 2004, v. 59, no. 1, pp. 107-135.
• Billett, Matthew T., "Financial Flexibility and the Cost of External Finance for U.S. Banks," (with Jon A. Garfinkel), Journal of Money, Credit and Banking, 2004, v. 36, no. 5, pp. 827-852 (lead article).
• Billett, Matthew T., "The Wealth Effects of Tracking Stock Restructurings," (with Anand Vijh), Journal of financial Research, 2004, v. 2, no. 4, pp.559-583.
• Garfinkel, Jon A., "Financial Flexibility and the Cost of External Finance for U.S. Banks," (with Matthew T. Billett), Journal of Money, Credit and Banking, October 2004, v. 36, no. 5, pp. 827-852 (lead article).
• Handa, Puneet, "The Economic Value of a Trading Floor: Evidence from the American Stock Exchange," (with Robert Schwartz and Ashish Tiwari), Journal of Business, April 2004, v. 77, no. 2, pt. 1, pp. 331-355.
• Lie, Erik, "A Comparison of the Motivations for the Information Content of Different Types of Equity Offerings," (with Randall A. Heron), Journal of Business, July 2004, v. 77, pp. 605-632.
• Qian, Yiming, "Financial System Design and Liquidity Provision by Banks and Markets in a Dynamic Economy," (with Kose John and Teresa John), Journal of International Money and Finance, April 2004, v. 23, no. 3, pp. 385-403.
• Qian, Yiming, "Wealth Gains from Tracking Stocks: Long-run Performance and Ex-date Returns," (with Matthew Clayton), Financial Management, autumn 2004, v. 33, no. 3, pp. 83-106.
• Rietz, Thomas A., "Suckers are Born, but Markets are Made: Individual Rationality, Arbitrage and Market Efficiency on an Electronic Future Market," (with Kenneth Oliven), Management Science, March 2004, v. 50, no. 3, pp. 336-351.
• Sa-Aadu, Jarjisu, "Is Real Estate Becoming Important Again? A Neo-Ricardian Model of Land Rent," (with David Barker), Real Estate Economics, 2004, v. 32, pp. 33-54.
• Sa-Aadu, Jarjisu, "Role of Real Estate in an Institutional Investors Portfolio Revisited," (with Gregory Chun and James Shilling), Journal of Real Estate Finance and Economics, November 2004, v. 29, no. 3, pp. 295-320.
• Tiwari, Ashish, "The Economic Value of a Trading Floor: Evidence from the American Stock Exchange," (with Puneet Handa and Robert Schwartz), Journal of Business, April 2004, v. 77, no. 2, pt. 1, pp. 331-355.
• Tiwari, Ashish, "Does Stock Return Momentum Explain the 'Smart Money' Effect?" (with Travis Sapp), Journal of Finance, 2004, v. 59, pp. 2605-2622.
• Vijh, Anand M., "The Wealth Effects of Tracking Stock Restructurings," (with Matthew Billett), Journal of Financial Research, 2004, v. 27, pp. 559-583.

• Bates, David S., "Empirical Option Pricing: A Retrospection," Journal of Econometrics, September-October 2003, v. 116, no. 1-2, pp. 387-404.
• Billett, Matthew T., "Cross Subsidies, External Financing Constraints, and the Contribution of the Internal Capital Market to Firm Value," (with David C. Mauer), Review of Financial Studies, 2003, v. 16, no. 4, pp. 1167-1201.
• Daglish, Toby, "A Pricing and Hedging Comparison of Parametric and Non-parametric Approaches for American Index Options," Journal of Financial Econometrics, November 2003, v. 1, no. 3, pp. 327-364.
• Garfinkel, Jon A., "Market Structure and Trader Anonymity: An Analysis of Insider Trading," (with M. Nimalendran), Journal of Financial and Quantitative Analysis, September 2003, v. 38, no. 3, pp. 591-610.
• Handa, Puneet, "Quote Setting and Price Formation in an Order Driven Market," (with Robert Schwartz and Ashish Tiwari), Journal of Financial Markets, August 2003, v. 6, issue 4, pp. 461-489 (lead article)
• Qian, Yiming, "Incentive Features in CEO Compensations in the Banking Industry" (with Kose John), Economic Policy Review, April 2003, pp. 109-121.
• Rietz, Thomas A., "Diminishing Preference Reversals by Inducing Risk Preferences: Evidence for Noisy Maximization," (with Joyce Berg and John Dickhaut), Journal of Risk and Uncertainty, 2003, v. 29, no. 2, pp. 139-170.
• Rietz, Thomas A., "Prediction Markets as Decision Support Systems," (with Joyce Berg), Information Systems Frontiers, 2003, v. 5, no. 1.
• Tiwari, Ashish, "Quote Setting and Price Formation in an Order Driven Market," (with Puneet Handa and Robert Schwartz), Journal of Financial Markets, August 2003, v. 6, no. 4, pp. 461-489 (lead article).
• Weller, Paul A., "Endogenous Realignments in a Target Zone," (with Christopher Neely and Dean Corbae) Oxford Economic Papers, 2003, v. 55, no. 3, pp. 494-510.
• Weller, Paul A., "Intraday Technical Trading in the Foreign Exchange Market," (with Christopher Neely), Journal of International Money and Finance, 2003, v. 22, pp. 223-237.

• Houge, Todd, "Abstract: Divergence of opinion, uncertainty, and the quality of initial public offerings," (with Gerry Suchanek, Tim Loughran, and Xuemin Yan), Capital Markets: Market Microstructure, winter 2002.
• Lie, Erik, "Operating Performance and the Method of Payment in Takeovers," (with Randall A. Heron), Journal of Financial and Quantitative Analysis, March 2002, v. 37, pp. 137-155.
• Lie, Erik, "Multiples Used to Estimate Corporate Value," (with Heidi J. Lie), Financial Analysts Journal, March/April 2002, v. 58, pp. 44-54.
• Lie, Erik, "Price Uncertainty and Corporate Value," (with Randall A. Heron and G. David Haushalter), Journal of Corporate Finance, July 2002, v. 8, pp. 271-286.
• Lie, Erik, "Do Firms Undertake Self-Tender Offers to Optimize Capital Structure?" Journal of Business, October 2002, v. 75, pp. 609-639.
• Suchanek, Gerry L., "Abstract: Divergence of opinion, uncertainty, and the quality of initial public offerings," (with Todd Houge, Tim Loughran, and Xuemin Yan), Capital Markets: Market Microstructure, winter 2002.
• Vijh, Anand M., "The Positive Announcement-Date Returns of Equity Carveouts: Asymmetric Information or Divestiture Gains?" Journal of Business, 2002, v. 75, pp. 153-190.
• Vijh, Anand M., "Ownership Structure, Agency Costs, and Dividend Policy," (with Mukesh Bajaj and Randolph Westerfield), Research in Finance, 2002, v. 19, pp. 1-28 (lead article).
• Weller, Paul A., "Predicting Exchange Rate Volatility: Genetic Program vs. GARCH and Risk Metrics," (with Christopher Neely), Federal Reserve Bank of St. Louis Review, May/June 2002, v. 84, pp. 43-54.
• Weller, Paul A., "Moral Hazard and the US Stock Market: Analyzing the 'Greenspan Put," (with Marcus Miller and Lei Zhang), Economic Journal, March 2002, v. 112, pp. c171-c186.

• Houge, Todd, "Divergence of Opinion, Uncertainty, and the Quality of Initial Public Offerings" (with Tim Loughran, Gerry Suchanek, and Xuemin Yan), Financial Management, 2001, v. 30, no. 4, pp. 5-23.
• Lie, Erik, "Debt-reducing Exchange Offers," (with Heidi J. Lie and John J. McConnell), Journal of Corporate Finance, June 2001, v. 7, pp. 179-207. (Summarized CFA Digest, February 2002, 32, pp. 16-17).
• Lie, Erik, "Detecting Abnormal Operating Performance: Revisited," Financial Management, June 2001, v. 30, pp. 77-91.
• Tiwari, Ashish, "Binomial Option Pricing Biases and Inconsistent Implied Volatilities," (with Brent Lekvin), European Financial Management, 2001, v. 4, pp. 543-562.
• Weller, Paul A., "Technical Analysis and Central Bank Intervention," (with Christopher Neely), Journal of International Money and Finance, 2001, v. 20, pp. 949-970.
• Weller, Paul A., "Forecasting Volatility in the Foreign Exchange Market: Genetic Programming vs. GARCH," (with Christopher Neely), Genetic Algorithms and Genetic Programming in Computational Finance, 2001.

• Bates, David S., "Post-'87 Crash Fears in the S&P 500 Futures Option Market," Journal of Econometrics, January-February 2000, v. 94, no. 1/2, pp. 181-238.
• Billett, Matthew T., "Diversification and the Value of Internal Capital Markets: The Case of Tracking Stock," (with David C. Mauer), Journal of Banking and Finance, 2000, v. 24, pp. 1457-1490.
• Houge, Todd, "Cash Flow is King: Cognitive Errors by Investors," (with Tim Loughran), 2000, Journal of Psychology and Financial Markets, v. 1, no. 3, pp. 161-175.
• Lie, Erik, "Excess Funds and Agency Problems: An Empirical Study of Incremental Cash Disbursements," Review of Financial Studies, spring 2000, v. 13, pp. 219-248.
• Sa-Aadu, Jarjisu, "A Test of Integration and Cointegration of Commercial Mortgage Rates," (with James Shilling and George Wang), Journal of Financial Services Research, 2000, v. 18, no. 1, pp. 45-61.
• Suchanek, Gerry L., "Bond Pricing: Some Evidence of Tax Effects in the Term Structure," (with Brent Lekvin), Advances in Quantitative Analysis of Finance and Accounting, 2000.
• Weller, Paul A., "Predictability in International Asset Returns: A Re-examination," (with C. Neely), Journal of Financial and Quantitative Analysis, 2000, v. 35, no. 4.

• Bates, David S., "Valuing the Futures Market Clearinghouse's Default Exposure During the Crash," Journal of Money, Credit, and Banking, May 1999, v. 31, no.2, pp. 248-272.
• Bates, David S., "Financial Markets' Assessments of EMU," Carnegie-Rochester Conference Series on Public Policy, December 1999.
• Handa, Puneet, "Price Improvement and Price Discovery on a Primary Market," (with Ashish Tiwari and Robert Schwartz), Journal of Portfolio Management, 1999, v. 25, pp. 55-64.
• Houge, Todd, "Growth Fixation and the Performance of Bank Initial Public Offerings, 1983-1991," (with Tim Loughran), Journal of Banking and Finance, 1999, v. 23, pp. 1277-1301.
• Lie, Erik, "The Role of Personal Taxes in Corporate Decisions: An Empirical Analysis of Share Repurchases and Dividends," (with Heidi J. Lie), Journal of Financial and Quantitative Analysis, December 1999, v. 34, pp. 533-552. (Summarized in CFA Digest, Summer 2000, v. 30, pp. 90-92.)
• Rietz, Thomas A., "Wishes, Expectations and Actions: A Survey on Price Formation in Election Stock Markets," (with Robert Forsythe and Thomas W. Ross), Journal of Economic Behavior and Organization, May 1999, v. 39, pp. 83-110.
• Rietz, Thomas A., "Distance Learning: Relationships Among Class Size, Instructor Location, Student Perceptions, and Performance," (with Brenda Sugrue and Sarah Hansen), Performance Improvement Quarterly, 1999, v. 12, no. 3, pp. 43-56.
• Rietz, Thomas A., "Cheap Talk, Fraud and Adverse Selection in Financial Markets: Some Experimental Evidence," (with Robert Forsythe and Russell Lundholm), Review of Financial Studies, fall 1999, v. 12, no. 3, pp. 481-518.
• Sa-Aadu, Jarjisu, "Elderly Female Households Decision to Trade Down," (with James Shilling and Isaac Megbolugbe), Journal of Housing Economics, 1999, v. 8, pp. 285-300.
• Sa-Aadu, Jarjisu, "The Determinants of Real Estate Asset Allocation in Private and Public Pension Plans," (with Brian Ciochetti and James Shilling), Journal of Real Estate Finance and Economics, 1999, v. 19, no. 3, pp. 193-210.
• Tiwari, Ashish, "Price Improvement and Price Discovery on a Primary Market," (with Puneet Handa and Robert Schwartz), Journal of Portfolio Management, 1999, v. 25, pp. 55-64.
• Vijh, Anand M., "Long-Term Returns from Equity Carveouts," Journal of Financial Economics 1999, v. 51, pp. 273-308.
• Weller, Paul A., "Technical Trading Rules in the European Monetary System," (with C. Neely), Journal of International Money and Finance, 1999, v. 18, no. 3, pp. 429-58.

• Billett, Matthew T., "The Cost of Market versus Regulatory Discipline in Banking," (with Jon Garfinkel and Edward O'Neal), Journal of Financial Economics, v. 48, no. 3, pp. 245-282.
• Garfinkel, Jon A., "The Cost of Market versus Regulatory Discipline in Banking," (with Matthew Billett and Edward O'Neal), Journal of Financial Economics, June 1998, v. 48, no. 3, pp. 333-358.
• Handa, Puneet, "The Ecology of an Order Driven Market," (with Robert Schwartz and Ashish Tiwari), Journal of Portfolio Management, winter 1998, pp. 47-55.
• Lie, Erik, "Earnings Signals in Fixed Price and Butch Auction Self-Tender Offers," (with John J. McConnell), Journal of Financial Economics, August 1998, v. 49, pp. 161-186.
• Rietz, Thomas A., "Campaign Finance Levels as Coordinating Signals in Three-Way, Experimental Elections," Economics and Politics, November 1998, v. 10, no. 3, pp. 185-217.
• Rietz, Thomas A., "Minority Representation in Multi-Member Districts," (with Rebecca Morton and Elisabeth Gerber), American Political Science Review, March 1998, v. 92, no. 1, pp. 127-144.
• Tiwari, Ashish, "The Ecology of an Order Driven Market," (with Robert Schwartz and Puneet Handa), Journal of Portfolio Management, winter 1998, pp. 47-55.

• Bates, David S., "The Skewness Premium: Option Pricing Under Asymmetric Processes," Advances in Futures and Options Research, 1997, v. 9, pp. 51-82.
• Billett, Matthew T., "Capital Structure, Asset Structure and Equity Takeover Premiums in Cash Tender Offers," (with Michael Ryngaert), Journal of Corporate Finance, 1997, v. 3, no. 2, pp. 141-165.
• Garfinkel, Jon A., "New Evidence on the Effects of Federal Regulations on the Insider Trading: The Insider Trading and Securities Fraud Enforcement Act (ITSFEA)," Journal of Corporate Finance, April 1997, v. 3, no. 2, pp. 89-111.
• Handa, Puneet, "How Best to Supply Liquidity to a Securities Market," (with Robert Schwartz), Journal of Portfolio Management, winter 1997, pp. 4-51.
• Rietz, Thomas A., "The Iowa Electronic Market." (with Joyce Berg and Robert Forsythe), Blackwell Encyclopedic Dictionary of Finance, Dean Paxson and Douglas Wood, Eds., (Volume VIII of The Blackwell Encyclopedia of Management, Cary L. Cooper and Chris Argyris, Eds.), Blackwell, Oxford UK, 1997.
• Sa-Aadu, Jarjisu, "Oh Yes, the Elderly will Reduce Housing Equity under the Right Circumstances," (with James Shilling and Isaac Megbolugbe), Journal of Housing Research, 1997, v. 8, no. 1, pp. 53-74.
• Vijh, Anand M., "Do Long-Term Shareholders Benefit from Corporate Acquisitions?" (with Tim Loughran), Journal of Finance, December 1997, v. 52, pp. 1765-1790 (lead article).
• Vijh, Anand M., "Emerging Opportunities in Computational Finance for Mathematics Graduates," in John F. Price, Ed.: Derivatives and Financial Mathematics (Nova Science Publishers, Inc.) pp. 67-74.
• Weller, Paul A., "On the Advantage to Hiding One's Hand: Speculation and Central Bank Intervention in the Foreign Exchange Market," (with Utpal Bhattacharya), Journal of Monetary Economics, July 1997, v. 39, pp. 251-277.
• Weller, Paul A., "Are Technical Trading Rules in the Foreign Exchange Market Profitable? A Genetic Programming Approach," Journal of Financial and Quantitative Analysis.

• Bates, David S., "The Crash of '87--Was it Expected? The Evidence from Options Markets," Stock Market Crashes and Speculative Manias, (Eugene White, ed) International Library of Macroeconomic and Financial History, Edward Elgar Publishing, Ltd., Cheltenham, UK, 1996.
• Bates, David S., "Dollar Jump Fears, 1984-1992: Distributional Abnormalities Implicit in Foreign Currency Futures Options," Journal of International Money and Finance, February 1996, v. 15, no. 1, pp. 65-93.
• Bates, David S., "Jumps and Stochastic Volatility: Exchange Rate Processes Implicit in Deutsche Mark Options," Review of Financial Studies, winter 1996, v. 9, no. 1, pp. 69-107.
• Bates, David S., "Testing Option Pricing Models," in G.S. Maddala and C.R. Rao, eds., Statistical Methods in Finance, Handbook of Statistics, 1996, v. 14, pp. 567-611, Amsterdam:Elsevier.
• Billett, Matthew T., "Targeting Capital Structure: The Relationship Between Risky Debt and the Firm's Likelihood of Being Acquired," Journal of Business, 1996, v. 69, no. 2, pp. 173-192.
• Handa, Puneet, "Dynamic Price Discovery," (with Robert Schwartz), Review of Quantitative Finance and Accounting, 1996, v. 7, pp. 5-28.
• Handa, Puneet, "Limit Order Trading," (with Robert Schwartz), Journal of Finance, 1996.
• Lie, Erik, "A Survey of Evidence on Domestic International Stock Exchange Listings with Implications for Markets and Managers," (with John J. McConnell, Heidi J. Dybevik, and G. David Haushalter), Pacific-Basin Finance Journal, December 1996, v. 4, pp. 347-376.
• Rietz, Thomas A., "An Experimental Study of Voting Rules and Polls in Three-Way Elections," (with Robert Forsythe, Roger Myerson, and Robert Webber), International Journal of Game Theory, 1996, v. 25, pp. 355-383.
• Rietz, Thomas A., "What Makes Markets Predict Well? Evidence from the Iowa Electronic Markets." (with Joyce Berg and Robert Forsythe), Essays in Honor of Reinhard Selten. Werner Güth, Ed. Springer Verlag, 1996.
• Sa-Aadu, Jarjisu, "What Have African Housing Policies Wrought?" (with Steve Malpezzi), Real Estate Economics, 1996, v. 24, pp. 133-160.
• Sa-Aadu, Jarjisu, "Choosing Between Fixed and Adjustable-Rate Mortgages: The Case of Commercial Mortgages," (with Upinder Dhillon and James D. Shilling), Journal of Real Estate Finance and Economics, 1996, v. 12, pp. 265-277.
• Tiwari, Ashish, "Business Cycles and Stock Market Returns: Evidence Using Industry-Based Portfolios," (with Venkat Eleswarapu), Journal of Financial Research, spring 1996, pp. 121-134.

• Billett, Matthew T., "The Effect of Lender Identity on a Borrowing Firm's Equity Return," (with Mark Flannery and Jon Garfinkel), Journal of Finance, 1995, v. 50, no. 2, pp. 699-718.
• Garfinkel, Jon A., "The Effect of Lender Identity on a Borrowing Firm's Equity Return," (with Mark Flannery and Matthew Billett), Journal of Finance, June 1995, v. 50, no. 2, pp. 699-718.
• Handa, Puneet, "Supplying Liquidity to a Securities Market: Is Disintermediation a Desirable Route?" (with Robert Schwartz), Electronic Call Market Trading, 1995.
• Handa, Puneet, "Market Structure and the Supply of Liquidity," (with Jacques Hamon, Bertrand Jacquillat, and Robert Schwartz), Global Equity Markets: Technological, Competitive and Regulatory Challenges, 1995.
• Rietz, Thomas A., "An Experimental Study of Voting Rules and Polls in Three Way Elections," (with Robert Forsythe, Roger Myerson, and Robert Weber), International Journal of Game Theory, 1995.
• Sa-Aadu, Jarjisu, "Differential Contracts, Heterogeneous Borrowers and the Mortgage Choice Decision," (with C.F. Sirmans), Journal of Money, Credit and Banking, 1995, v. 27, pp. 497-510.
• Sa-Aadu, Jarjisu, "Heterogeneous Borrowers, Mortgage Selection, and Mortgage Pricing," Journal of Housing Research, 1995, v. 6, no. 2, pp. 333-348.
• Suchanek, Gerry L., "Decisions in Competitive Stock Ownership Economies," International Economic Review, 1995, v. 36.
• Vijh, Anand M., "Trading Behavior and the Unbiasedness of Market Reaction to Dividend Announcements," (with Mukesh Bajaj), Journal of Finance, March 1995, v. 15, no. 1, pp. 255-279.
• Weller, Paul A., "Stochastic Saddlepoint Systems, Stabilization Policy and the Stock Market," (with Marcus Miller), Journal of Economic Dynamics and Control, 1995, v. 19, pp. 279-302.

• Handa, Puneet, "The Supply of Liquidity at the Paris Bourse," (with Jacques Hamon, Betrand Jacquillat and Robert Schwartz), Reserches en Finance au CEREG, 1994.
• Handa, Puneet, "Viability of Order Driven Markets: An Empirical Investigation of the French Bourse," (with Jacques Hamon, Betrand Jacquillat and Robert Schwartz, Fineco), 1994.
• Sa-Aadu, Jarjisu, "Test of Borrower Perceptions in the Adjustable-Rate Mortgage Market: Do Borrowers View ARM Contracts as Distinct," (with James D. Shilling), Journal of Urban Economics, 1994, v. 36, pp. 8-22.
• Vijh, Anand M., "S&P 500 Trading Strategies and Stock Betas," The Review of Financial Studies, spring 1994, v. 7, pp. 215-251.
• Vijh, Anand M., "The Spinoff and Merger Ex-Date Effects," Journal of Finance, June 1994, v. 49, pp. 581-609.

• Garfinkel, Jon A., "IPO Underpricing, Insider Selling and Subsequent Equity Offerings: Is Underpricing a Signal of Quality?" Financial Management, spring 1993.
• Handa, Puneet, "Arbitrage Pricing with Estimation Risk," (with Scott C. Linn), Journal of Financial Quantitative Analysis, March 1993.
• Handa, Puneet, "Sensitivity of Tests of the CAPM to the Return Measurement Interval," (with S.P. Kothari and C. Wasley), Journal of Finance, September 1993, v. 48, no. 4, pp. 1543-1551.
• Handa, Puneet, "A Direct Test of the Theory of Intraday Concentrated Trading Patterns: Abstract," Journal of Finance, July 1993, v. 48, no. 3, pp. 109l.
• Rietz, Thomas A., "An Experiment on Coordination in Multi-Candidate Elections: The Importance of Polls and Election Histories," (with Robert Forsythe, Roger Myerson, and Robert Weber), Social Choice and Welfare, October 1993.
• Rietz, Thomas A., "Implementing and Testing Risk Preference Induction Mechanisms in Experimental Sealed Bid Auctions," Journal of Risk and Uncertainty, October 1993, v. 72.
• Rietz, Thomas A., "Comportamiealo Estratego em Elecciones con Multiples Alternativors: Una Revision de Alguna Evidencia Experimental," Cuardernos Economicas de Imformacion Comercial Espanola, 1993/2, #54.
• Vijh, Anand M., "The Valuation of Path-Dependent Contracts on the Average," (with Peter Ritchken and L. Sankarasubramanian), Management Science, October 1993, v. 39, pp. 1202-1213.

• Sa-Aadu, Jarjisu, "Influence of Relocation Rights on Office Rents," (with James D. Shilling and John Benjamin), Journal of the American Real Estate and Urban Economics Association, 1992.
• Weller, Paul A., "The Foreign Exchange Market and the Effect of Currency Bands," (with M. Miller), ch. 4 in F. Hahn (ed.) The Market: Practice and Policy, London: Macmillan, 1992.
• Weller, Paul A., Discussion of "The Linkage Between Speculative Attack and Target Zone Models of Exchange Rates" by Robert P. Flood and Peter M. Garber, in Exchange Rate Targets and Currency Bands, P. Krugman and M. Miller (Eds.), Cambridge University Press, 1992.
• Weller, Paul A., "Forward and Futures Markets" and "Rational Bubbles," two essays to appear in The New Palgrave Dictionary of Money and Finance, Peter Newman (Ed.), Macmillan, 1992.
• Weller, Paul A., "The Theory of Futures Markets," Paul Weller (Ed.), Oxford: Basil Blackwell, 1992.

• Bates, David S., "The Crash of '87--Was it Expected? The Evidence from Options Markets," Journal of Finance, July 1991, v. 46, no. 3, pp. 1009-1004.
• Handa, Puneet, "Arbitrage Pricing in a Finite Economy when there is Differential Parameter Uncertainty," Advances in Investments Analysis and Portfolio Management, JAI Press Inc., 1991, v. 1, pp. 49-60.
• Handa, Puneet, "An Economic Analysis of Leasebacks," Review of Quantitative Finance and Accounting, 1991, no. 1, pp. 177-189.
• Handa, Puneet, "An Empirical Investigation of Leveraged Recapitalizations with Cash Payouts as Takeover Defense," (with A.R. Radhakrishnan), Financial Management, fall 1991, pp. 58-69.
• Handa, Puneet, "Equilibrium Factor Pricing with Heterogeneous Beliefs," (with Scott C. Linn), Journal of Financial and Quantitative Analysis, March 1991, v. 26, no. 1, pp. 11-22.
• Sa-Aadu, Jarjisu, "Teaser Rates in Conventional Adjustable Rate Mortgage (ARM) Markets," (with Joel Houston and James D. Shilling), Journal of Real Estate Finance and Economics, 1991, v. 4, no. 1, pp. 19-31.
• Sa-Aadu, Jarjisu, "Horizontal and Vertical Inequities in the Capital Gains Taxation of Owner- Occupied Housing," (with James D. Shilling and C.F. Sirmans), Public Finance Quarterly, October 1991, v. 19, no. 4, pp. 477-485.
• Sa-Aadu, Jarjisu, "Capitalization and Mortgage Revenue Bonds: Methodology, Empirical Evidence, and Policy Implications," (with John Benjamin and C.F. Sirmans, in Dan Durning (Ed).), Mortgage Revenue Bonds: Housing Markets, Home Buyers, and Public Policy, 1991.
• Weller, Paul A., "Currency Bands, Target Zones and Price Flexibility," (with M. Miller), I.M.F. Staff Papers, March 1991, v. 38, pp. 184-215.
• Weller, Paul A., "Currency Options, Bands and Exchange Rate Stabilization," International Economic Policy Coordination, C. Carraro, D. Laussel, M. Salmon and A. Soubeyran (Eds.) Oxford: Basil Blackwell, 1991.
• Weller, Paul A., "Exchange Rate Bands with Price Inertia," (with M. Miller), Economic Journal, November 1991.