Quarterly Journal of Business and Economics articles from June 2000

Quarterly Journal of Business and Economics archives from June 2000

EDITORIAL POLICY.(Statistical Data Included)(Brief Article)(Editorial)
June 22, 2000... There is a neglected body of research involving tests of the validity of theories, methodologies, and data used in previously published studies. There is also a need for more articles that synthesize the literature on important topics,...

Transactions Demand for Money: The Micro Evidence.(monetary economics)(Statistical Data Included)
June 22, 2000... Jan Tin [*] In monetary economics, the effect of an exogenous change in money supply on general economic activities is critically dependent upon the predictability of money demand. It is therefore not surprising that poor performances of...

Stock Price and Operating Performance of ESOP Firms: A Time-Series Analysis.(Employee stock ownership plans)(Statistical Data Included)
June 22, 2000... Prior literature suggests that the impact of employee ownership on employee behavior may depend on the financial rewards associated with ownership. As the financial value of ownership accounts increases, employee attitudes become more positive,...

Firm Reputation and Insider Trading: The Investment Banking Industry.(Statistical Data Included)
June 22, 2000... Firm reputation is an important concern among investment banks. This study examines insider trading of the investment banking industry to determine whether the concern for firm reputation can effectively restrain insider behavior. We find that...

Positive Feedback Trading in the Options Market.(Statistical Data Included)
June 22, 2000... The cross-correlation between the S&P options and the underlying S&P futures contract is investigated. I use the volatility spread, the difference between implied volatilities of puts and calls, to measure price pressures in the options market....