Book description
This two-volume set of 23 articles authoritatively describes recent scholarship in corporate finance and asset pricing. Volume 1 concentrates on corporate finance, encompassing topics such as financial innovation and securitization, dynamic security design, and family firms. Volume 2 focuses on asset pricing with articles on market liquidity, credit derivatives, and asset pricing theory, among others. Both volumes present scholarship about the 2008 financial crisis in contexts that highlight both continuity and divergence in research. For those who seek insightful perspectives and important details, they demonstrate how corporate finance studies have interpreted recent events and incorporated their lessons.
- Covers core and newly-developing fields
- Explains how the 2008 financial crises affected theoretical and empirical research
- Exposes readers to a wide range of subjects described and analyzed by the best scholars
Table of contents
- Cover
- Table of Contents
-
Handbook of the Economics of Finance SET
- Cover image
- Title page
- Table of Contents
- Copyright
- Introduction to the Series
- Preface
-
VOLUME2A Corporate Finance
-
Chapter 1. Securitization
- 1 Introduction
- 2 Securitization: Some Institutional Details
- 3 Overview of the Performance of Asset-Backed Securities
- 4 A Simple Model of the Securitization Decision
- 5 The Origins of Securitization
- 6 Security Design and the Cost of Capital: Theory
- 7 Security Design and the Cost of Capital: Evidence
- 8 Securitization, Regulation, and Public Policy
- 9 Final Comments and Open Questions
- References
- Chapter 2. Dynamic Security Design and Corporate Financing
-
Chapter 3. Do Taxes Affect Corporate Decisions? A Review
- 1 Introduction
- 2 Taxes and Capital Structure—The US Tax System
- 3 Taxes and Capital Structure—Multinational Tax Issues
- 4 Taxes, LBOs, Corporate Restructuring, and Organizational Form
- 5 Taxes and Payout Policy
- 6 Taxes and Compensation Policy
- 7 Taxes, Corporate Risk Management, and Earnings Management
- 8 Tax Shelters
- 9 Summary and Suggestions for Future Research
- References
- Chapter 4. Executive Compensation: Where We Are, and How We Got There
- Chapter 5. Behavioral Corporate Finance: An Updated Survey
- Chapter 6. Law and Finance After a Decade of Research
- Chapter 7. Endogeneity in Empirical Corporate Finance
- Chapter 8. A Survey of Venture Capital Research
- Chapter 9. Entrepreneurship and the Family Firm
-
Chapter 10. Financing in Developing Countries
- 1 Introduction
- 2 Stylized Facts About Firms in Developing Countries
- 3 Firms in Developing Countries—Theories and Empirical Research Issues
- 4 Institutions and Access to Finance in Developing Countries
- 5 Firm Financing in Developing Countries
- 6 Bank-based Versus Market-based Systems
- 7 Formal and Informal Systems
- 8 Conclusion
- References
- Chapter 11. Financial Intermediation, Markets, and Alternative Financial Sectors
-
Chapter 1. Securitization
- Index
-
Handbook of the Economics of Finance SET
- Cover image
- Title page
- Table of Contents
- Copyright
- Introduction to the Series
- Preface
-
VOLUME 2B Financial Markets and Asset Pricing
-
Chapter 12. Advances in Consumption-Based Asset Pricing: Empirical Tests
- 1 Introduction
- 2 Consumption-Based Models: Notation and Background
- 3 GMM and Consumption-Based Models
- 4 Euler Equation Errors and Consumption-Based Models
- 5 Scaled Consumption-Based Models
- 6 Asset Pricing with Recursive Preferences
- 7 Stochastic Consumption Volatility
- 8 Asset Pricing with Habits
- 9 Asset Pricing with Heterogeneous Consumers and Limited Stock Market Participation
- 10 Conclusion
- References
- Chapter 13. Bond Pricing and the Macroeconomy
- Chapter 14. Investment Performance: A Review and Synthesis
- Chapter 15. Mutual Funds
- Chapter 16. Hedge Funds
- Chapter 17. Financial Risk Measurement for Financial Risk Management
- Chapter 18. Bubbles, Financial Crises, and Systemic Risk
- Chapter 19. Market Liquidity—Theory and Empirical Evidence
- Chapter 20. Credit Derivatives
- Chapter 21. Household Finance: An Emerging Field
- Chapter 22. The Behavior of Individual Investors
- Chapter 23. Risk Pricing over Alternative Investment Horizons
- Index
-
Chapter 12. Advances in Consumption-Based Asset Pricing: Empirical Tests
Product information
- Title: Handbook of the Economics of Finance SET:Volumes 2A & 2B
- Author(s):
- Release date: January 2013
- Publisher(s): North Holland
- ISBN: 9780444594655
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