This handbook surveys developments in the three main branches of finance research: corporate finance and banking; asset pricing; and the structure of financial markets. Each essay is written by leaders in the surveyed field of research. Authors include Franklin Allen, Patrick Bolton, Michael Brennan, John Campbell, Darrell Duffie, Michael Jensen, Stewart Myers, Edward Prescott, Raghuram Rajan, Stephen Ross, Jeremy Stein, Rene Stulz, Richard Thaler and Luigi Zingales. The handbook is designed to provide readers with a comprehensive picture of the state of the art of finance research.
Part 1 Corporate finance: Theory of the firm; Boundaries and organization of the firm, R. Rajan, Luigi Zingales; Agency and the theory of the firm, M. Jensen; Agency, information and corporate investment, J. Stein; Corporate investment policy, M. Brennan; Corporate governance and control, M. Becht, P. Bolton and A. Roell; Capital structure and finance policies; Payout policies, F. Allen, R. Michaely; Financing policies, S. Myers; Financial intermediaries; Banking, G. Gorton, A. Winton; Investment banking and security issuance, J. Ritter; Financial intermediaries and financial innovation, P. Tufano; Market microstructure, H. Stoll. Part 2 Financial markets and asset pricing: Arbitrage, state prices and portfolio theory, S. Ross, P.H. Dybvig; Intertemporal asset pricing models, D. Duffie; Tests of multi-factor pricing models, volatility and portfolio performance, W. Ferson; The equity premium puzzle, R. Mehr, E.C. Prescott; Anomalies and market efficiency, G.W. Schwert; Surveys of behavioral science, N.C. Barberis, R.H. Thaler; Consumption-based asset pricing, J.Y. Campbell; Asset prices and market microstructure, D. Easley, M. O'Hara; Empirical analysis of fixed income pricing models, Q. Dai, K. Singleton; Derivatives, R.E. Whaley; Issues in international asset pricing, R. Stulz, A. Karolyi.
Series: Handbook of the Economics of Finance
Number Of Pages: 1685
Published: 10th November 2003
Publisher: Elsevier Science & Technology
Country of Publication: US
Dimensions (cm): 24.77 x 17.15
Weight (kg): 2.7
Edition Number: 2