FIN-01-001

Sandeep, Dahiya ; Saunders, Anthony and Srinivasan, Anand. "Financial Distress and Bank Lending Relationships."   WP  October 2001.   revised

FIN-01-002

Ljungqvist, Alexander and Wilhelm, Jr. William J.   "IPO Allocations: Discriminatory or Discretionary?"  WP   August 2001.

FIN-01-003

Smith, Roy C. and Walter, Ingo.   "Rating Agencies: Is There an Agency Issue?"  WP  October 2001.

FIN-01-004

Boehmer, Ekkehart and Ljungqvist, Alexander.   "The Choice of Outside Equity: An Exploratory Analysis of Privately Held Firms"  WP  April 2001.

FIN-01-005

Saunders, Anthony and Stover, Roger D.   "Commercial Bank Underwriting of Credit-Enhanced Bonds: Are there Benefits to the Issuer?"  WP  July 2001.

FIN-01-006

Benveniste, Lawrence M.; Ljungqvist, Alexander P.; Wilhelm, William J. Jr. and Yu, Xiaoyun.   "Evidence of Information Spillovers in the Production of Investment Banking Services" WP  August 2001.

FIN-01-007

Ljungqvist, Alexander P.; Nanda, Vikram and Singh, Rajdeep   "Hot Markets, Investor Sentiment, and IPO Pricing "  WP  September 2001.

FIN-01-008

Yu, Lei.   "On the Wealth and Risk Effects of the Glass-Steagall Overhaul: Evidence from the Stock Market "  WP  January 2001.

FIN-01-009

Saar, Gideon and Yu, Lei.   "Information Asymmetry about the Firm and the Permanent Price Impact of Trades: Is there a Connection?"  WP  October 2001.

FIN-01-010

Doukas, John A.; Holmén, Martin and Travlos, Nickolaos G.   "Corporate Diversification and Performance: Evidence from Swedish Conglomerate and Non-Conglomerate Acquisitions" WP  October 2001.

FIN-01-011

Doukas, John A. and Pantzalis, Christos.   "Geographic Diversification and Agency Costs of Debt of Multinational Firms"  WP  October 2001.

FIN-01-012

Mei, Jiangping and Moses, Michael.   "Art as an Investment and the Underperformance of Masterpieces"  WP  August 2001.

FIN-01-013

Naik, Narayan Y. and Yadav, Pradeep K.   "Risk Management with Derivatives by Dealers and Market Quality in Government Bond Markets"  WP  September 2001.

FIN-01-014

Naik, Narayan Y. and Yadav, Pradeep K.   "Do Correlated Exposures Influence Intermediary Decision-making? Evidence from Trading Behavior of Equity Dealers"  WP  October 2001.

FIN-01-015

Basak, Suleyman; Shapiro, Alex and Tepla, Lucie.   "Risk Management with Benchmarking" WP  October 2001.

FIN-01-016

Saunders, Anthony and Srinivasan, Anand.   "Investment Banking Relationships and Merger Fees" WP  October 2001.

FIN-01-017

Amihud, Yakov; Hauser, Shmuel and Kirsh, Amir   "Allocations, Adverse Selection and Cascades in IPOs: Evidence from Israel"  WP  October 2001.

FIN-01-018

Brown, Stephen J. and Goetzmann, William N.   "Hedge funds with Style"  WP  October 2001.

FIN-01-019

Brown, Stephen J.; Goetzmann, William N.; Hiraki, Takato and Shiraishi, Noriyoshi   "An Analysis of the Relative Performance of Japanese and Foreign Money Management"  WP  May 2001.

FIN-01-020

Baker, Malcolm; Greenwood, Robin and Wurgler, Jeffrey   "Do Firms Borrow at the Lowest-Cost Maturity? The Long-Term Share in Debt Issues and Predictable Variation in Bond Returns" WP  November 2001.

FIN-01-021

Duffie, Darrell; Pedersen, Lasse Heje and Singleton, Kenneth J.   "Modeling Sovereign Yield Spreads: A Case Study of Russian Debts"  WP  September 2001.

FIN-01-022

Duffie, Darrell; Garleanu, Nicolae and Pedersen, Lasse Heje.   "Valuation in Dynamic Bargaining Markets"  WP  September 2001.

FIN-01-023

Duffie, Darrell; Garleanu, Nicolae and Pedersen, Lasse Heje.   "Securities Lending, Shorting, and Pricing"  WP  September 2001.

FIN-01-024

Wachter, Jessica A.   "Habit Formation and Returns on Bonds and Stocks"  WP  Revised, May 2002

FIN-01-025

Hasbrouck, Joel and Saar, Gideon.   "Limit Orders and Volatility in a Hybrid Market: The Island ECN" WP  September 2001.

FIN-01-026

Adams, Renée B.; Almeida, Heitor and Ferreira, Daniel.   "Fallible Executives, Centralization of Decision-Making and Corporate Performance"  WP  September 2001.

FIN-01-027

Engle, Robert F. and Sheppard, Kevin.   "Theoretical and Empirical Properties of Dynamic Conditional Correlation Multivariate GARCH"  WP  September 2001.

FIN-01-028

Engle, Robert F. and Patton, Andrew J.   "What Good is a Volatility Model?"  WP  January 2001.

FIN-01-029

Ding, Zhuanxin and Engle, Robert F.   "Large Scale Conditional Covariance Matrix Modeling, Estimation and Testing"  WP  May 2001.

FIN-01-030

Engle, Robert F.   "GARCH 101: An Introduction to the Use of ARCH/GARCH models in Applied Econometrics"  WP  October 2001.

FIN-01-031

Baker, Malcolm; Stein, Jeremy C. and Wurgler, Jeffrey.   "When Does the Market Matter? Stock Prices and the Investment of Equity-Dependent Firms"  WP  October 2001.

FIN-01-032

Mueller, Holger M. and Warneryd, Karl.   "Inside vs Outside Ownership: A Political Theory of the Firm"  WP  April 2001.

FIN-01-033

Das, Sanjiv Ranjan and Sundaram, Rangarajan K.   "Fee Speech: Signaling, Risk-Sharing, and the Impact of Fee Structure on Investor Welfare"  WP  October 2001.

FIN-01-034

Das, Sanjiv Ranjan and Sundaram, Rangarajan K.   "An Approximation Algorithm for Optimal Consumption/Investment Problems"   WP  June 2001.

FIN-01-035

Acharya, Viral V.; Das, Sanjiv Ranjan and Sundaram, Rangarajan K.   "Pricing Credit Derivatives with Rating Transitions"  WP  November 2001.

FIN-01-036

Dutta, Prajit K. and Sundaram, Rangarajan K.   "Survival and the Art of Profit Maximization" WP  April 2001.

FIN-01-037

Ofek, Eli and Richardson, Matthew.   "DotCom Mania: The Rise and Fall of Internet Stock Prices" WP  November 2001.

FIN-01-038

John, Kose; Koticha, Apoorva, Narayanan, Ranga and Subrahmanyam, Marti G.  "Margin Rules, Informed Trading in Derivatives and Price Dynamics "  WP  March 2001.

FIN-01-039

Franke, G.; Stapleton, Richard C. and Subrahmnyam, Marti G.  "Standard Risk Aversion and the Demand for Risky Assets in the Presence of Background Risk"  WP  August 2001.

FIN-01-040

Stapleton, Richard C. and Subrahmanyam, Marti G.  "The Term Structure of Interest-Rate Futures Prices."  WP  September 2001.

FIN-01-041

Peterson, Sandra; Stapleton, Richard C. and Subrahmanyam, Marti G.  "The Valuation of Caps, Floors and Swaptions in a Multi-Factor Spot-Rate Model"  WP  October 2001.

FIN-01-042

Eom, Young Ho; Subrahmanyam, Marti G. and Uno, Jun.  "Credit Risk and the Yen Interest Rate Swap Market" WP  July 2001.

FIN-01-043

Acharya, Viral; Huang, Jing-zhi; Subrahmanyam, Marti G. and Sundaram, Rangarajan.   "Costly Financing, Optimal Payout Policies and the Valuation of Corporate Debt"  WP  July 2001.

FIN-01-044

Gupta, Anurag and Subrahmanyam, Marti G.  "An Examination of the Static and Dynamic Performance of Interest Rate Option Pricing Models in the Dollar Cap-Floor Markets"  WP   November 2001.

FIN-01-045

Dai, Qiang.  "Asset Pricing in a Neoclassical Model with Limited Participation"  WP  September 2001. This is a substantial revision of WP FIN-00-004.

FIN-01-046

Bear, Larry Alan and Maldonado-Bear, Rita.  "Managing Ethical Risk: The Securities Industry and the Law"  WP  October 2001.

FIN-01-047

Dahiya, Sandeep and Yermack, David.   "Litigation Exposure, Capital Structure and Shareholder Value: The Case of Brooke Group"  WP  August 2001.

FIN-01-048

Clayton, Matthew and Yermack, David.   "Major League Baseball Player Contracts: An Investigation of the Empirical Properties of Real Options"  WP  September 2001.

FIN-01-049

Hartzell, Jay; Ofek, Eli and Yermack, David.  "What's in it for me? CEO's Whose Firms are Acquired" WP  May 2001.

FIN-01-050

Elton, Edwin J.; Gruber, Martin J. and Blake, Christopher R.  "Incentive Fees and Mutual Funds" WP  October 2001. Revised, October 2002

FIN-01-051

Elton, Edwin J.; Gruber, Martin J.; Agrawal, Deepak and Mann, Christopher.  "Factors Affecting the Valuation of Corporate Bonds"  WP  October 2001.

FIN-01-052

Elton, Edwin J.; Gruber, Martin J.; Comer, George and Li, Kai.  "Spiders: Where are the Bugs?" WP  May 2001.

FIN-01-053

Elton, Edwin J.; Gruber, Martin J. and Blake, Christopher R.  "A First Look at the Accuracy of the CRSP Mutual Fund Database and a Comparison of the CRSP and the Morningstar Mutual Fund Databases"  WP  December 2001.

FIN-01-054

Shleifer, Andrei and Wolfenzon, Daniel.   "Investor Protection and Equity Markets"  WP  October 2001.

FIN-01-055

Wachter, Jessica A.   "Portfolio and Consumption Decisions under Mean-Revering Returns: An Exact Solution for Complete Markets"  WP  November 2001.

FIN-01-056

Elton, Edwin J. and Gruber, Martin J.  "Optimum Centralized Portfolio Construction with Decentralized Portfolio Management"  WP  December 2001.

FIN-01-057

Cremers, K.J. Martijn and Mei, Jianping .   "Testing the Duo-Dactor-Model of Return and Volume"  WP  December 2001.

FIN-01-058

Allen, Linda; Jagtiani, Julapa; Peristiani, Stavros and Saunders, Anthony.    "The Role of Bank Advisors in Mergers and Acquisitions"  WP  December 2001.

FIN-01-059

Deo, Rohit S. and Richardson, Matthew.   "On the Asymptotic Power of the Variance Ratio Test" WP  December 2001.

FIN-01-060

Acharya, Viral V.; Hasan, Iftekhar and Saunders, Anthony.   "The Effects of Focus and Diversification on Bank Risk and Return: Evidence from Individual Bank Loan Portfolios"  WP  December 2001.

FIN-01-061

Ljungqvist, Alexander P. and Wilhelm, William J. Jr.   "IPO Pricing in the Dot-Com Bubble: Complacency or Incentives"  WP  December 2001. (Revised February 2002)

FIN-01-062

Inderst, Roman and Mueller, Holger M.   "Internal vs. External Financing: An Optimal Contracting Approach"  WP  December 2001.

FIN-01-063

Saar, Gideon.   "Investor Uncertainty and Order Flow Information"  WP  November 2001.

FIN-01-064

Barberis, Nicholas; Shleifer, Andrei and Wurgler, Jeffrey.   "Comovement"  WP  November 2001.

FIN-01-065

Brenner, Menachem and Sokoler, Meir.   "Inflation Targeting and Exchange Rate Regimes: Evidence From The Financial Markets"  WP  November 2001.

FIN-01-066

Chemla, Gilles; Habib, Michel and Ljungqvist, Alexander.   "An Analysis of Shareholder Agreements"  WP  January 2002.

FIN-01-067

Wachter, Jessica.   "Risk Aversion and Allocation to Long-Term Bonds"  WP  November 2001.