Quarterly Journal of Business and Economics articles from January 1990

Quarterly Journal of Business and Economics archives from January 1990

Model misspecification and bias in the evaluation of the macroforecasting performance of portfolio managers.
January 1, 1990... Model Misspecification and Bias in the Evaluation of the Macroforecasting Performance of Portfolio Managers Abstract This paper develops a new model to evaluate the market-timing performance of portfolio managers. The model permits...

International crowding out: the U.S. debt and foreign interest rates.
January 1, 1990... International Crowding Out: The U.S. Debt and Foreign Interest Rates Abstract This study investigates the impact of changes in the real U.S. debt stock on the short-term interest rates of Canada, France, and Germany. The standard two...

The adjustment of stock returns to block trading information.
January 1, 1990... The Adjustment of Stock Returns to Block Trading Information Abstract This study examines the adjustment of stock returns to block trading information. The results indicate that most block trade information does not result in...

The economics of a linkage tax. (office development taxes for low income housing)
January 1, 1990... The Economics of a Linkage Tax Abstract Linkage is a term sometimes applied to municipal programs that place a special assessment on office development and use the revenues collected to finance additions to the local stock of low income...

Using daily stock returns in event studies and the choice of parametric versus nonparametric test statistics.
January 1, 1990... Using Daily Stock Returns in Event Studies and the Choice of Parametric Versus Nonparametric Test Statistics Abstract This study replicates parts of the Brown and Warner [2] study of the use of daily data in event studies. A significant...

Rating agency responsiveness to changes in the economic environment facing electric utilities.
January 1, 1990... Rating Agency Responsiveness to Changes in the Economic Environment Facing Electric Utilities Abstract This paper tests rating agency responsiveness to changes in the economic environment facing electric utilities. Logistic regression...

Nuclear power plant cancellations: sunk costs and utility stock returns.
January 1, 1990... Nuclear Power Plant Cancellations: Sunk Costs and Utility Stock Returns Abstract This study empirically examines the impact of decisions to cancel nuclear power plants on electric utility common stockholders. The reaction of common...