The Journal of Financial Research

Fall 1996 Abstracts

Page No.

Optimal Futures Hedge with Marking-to-Market and Stochastic Interest Rates

Carolyn W. Chang, Jack S. K. Chang and Hsing Fang

309

Evidence on the Effect of Taxes on Firms' Decisions to Retire Debt Early

Gil B. Manzon, Jr., Thomas L. Porter and Mark E. Potter

327

Market Reaction to National Discretion in Implementing the Basle Accord

John Wagster, James Kolari and Kerry Cooper

The Relation Between the Federal Funds Cash and Futures Markets

Mark D. Griffiths and Drew B. Winters

359

The Determinants and Dynamics of Bid-Ask Spreads on the London Stock Exchange

Kojo Menyah and Krishna Paudyal

377

Macroeconomic Variables and Seasonal Mean Reversion in Stock Returns

Partha Gangopadhyay

395

Leverage, Risk-shifting Incentive and Stock-based Compensation

T. Harikumar

417

The Negative Relation Between Daily Index Return Serial Correlations and Conditional Variances: Does it Have Mathematical or Economic Origins?

David R. Peterson

429

Excess Returns and Risk at the Long End of the Treasury Market: An EGARCH-M Approach

Allan D. Brunner and David P. Simon