ontents of IREF: Volume 4
Conversion-Forcing Security Calls: Wealth Transfers Revisited
L. Paige Fields, Eric L. Mais, and William T. Moore
The Composition of Stock Price Indices and the Excess Volatility
Puzzle
Burkhard Drees and Bernhard Eckwert
Bilateralism on Balance
Michael Jones
The Impact of Merger Outcome, Bid Order, Payment Method,
and Managerial Resistance on Stock Returns to Bidders in
Multiple-Bidder Merger Contests
Zahid Iqbal and Shekar Shetty
The Distribution of Currency Futures Price Changes: A Two-Piece
Mixture of Normals Approach
Ming-Shiun Pan, Kam C. Chan, and Chi-Wing Fok
Quotas, GNP, and Labor Supply in a Small Open Economy
Michael Ka-yiu Fung
International Economic Integration
by Miroslav N. Jovanovic
Reviewed by Jai-Young Choi
Japanese Economic Development: Theory and Practice
by Penelope Francks
Reviewed by R.S. Rathinasamy
Variance of ADR Returns: Information Effect and Influence
of Trading in the U.S. Market
Jonwoo Park
Covered Interest Parity and International Capital Market
Efficiency
William J. Crowder
Real vs. Nominal Stock Return Seasonalities: Empirical
Evidence
Beni Lauterbach and Meyer Ungar
Flexible Exchange Rates, Capital Mobility, and Monetary Instruments of
Asymmetric Economies
George W.L. Hui
Tourism and Welfare in the Presence of Pure Monopoly in the Non-Traded
Goods Sector
Bharat R. Hazari and Charanjit Kaur
Bulls, Bears and Value Line's Rankings
Ronald L. Moy, Ahyee Lee, and Cheng F. Lee
Are Mortgage Specialized Thrifts Viable? An Empirical
Investigation
Iftekhar Hasan, Tanweer Hasan and Robert Pickeral
International Productivity and Competitiveness
by Bert G. Hickman
Reviewed by Gerhard Clemenz
Trade Flows and Trade Policy After "1992"
by L. Alan Winters
Reviewed by James C. Hartigan
Stock Market Crash Behavior of Screen-Sorted Portfolios
Lawrence Kryzanowski, Lorne Switzer, Li Jiang
The Impact of Federal Government Budget Deficits on Economic Growth in
the United States: An Empirical Investigation, 1955-1992
Richard J. Cebula
Diversification, Collateral and Economies of Scale in Banking:
Lessons from a Continuous-Time Portfolio Approach
Doris Neuberger
Foreign Exchange Returns over Short and Long Horizons
Thomas C. Chiang, Christine X. Jiang
Companies' Investment Decisions in the NICs: Evidence from
Taiwan and South Korea
Shaw Chen, Gopa Chowdhury
Microstructure of World Trading Markets
by Hans R. Stoll
Reviewed by Raj Aggarwal
Readings in International Business
by Robert Z. Aliber and Reid W.Click
Reviewed by Ike Mathur
LDC Default Probabilities and U.S. Commercial Banks: An
Empirical Investigation
Gary M. Woller, Kerk Phillips
Exchange Rate Pass-Through in the U.S. Market: A Cross-Country and
Cross-Product Investigation
Jiawen Yang
International Transmission of Monthly Changes in Equity Values
Steven V. Mann, William T. Moore, Pradipkumar Ramanlal
Is There an Election Cycle in American Stock Returns?
Manfred Gartner, Klaus W. Wellershoff
Exchange Rate Volatility and the Demand for Money in the U.S.
James M. McGibany, Farrokh Nourzad
The Deal Decade: What Takeovers and Leveraged Buyouts Mean
for Corporate Governance
by Margaret Blair
Reviewed by Mary S. Schranz
Banking, Finance and Monetary Policy in Singapore
by Dudley G. Luckett, David L. Schulze, Raymond W. Y. Wong
Reviewed by Christopher Lingle
© JAI Press 1996