WORKING PAPERS

"Investing with a Stock Valuation Model," with Chia-yu Chang and Ming Dong, 1998.


 

"Stock Valuation in Dynamic Economies," with Gurdip Bakshi, 1997.


 

"Informed Trading in Options Markets," with Charles Cao and John Griffin, 1998.


 

"Asset Pricing without Consumption or Market Portfolio Data," with Gurdip Bakshi, 1996


 

"Viable Costs and Equilibrium Prices in Frictional Securities Markets," 2000.


 

"Market Frictions and the Preferred Habitat Theory of the Term Structure of Interest Rates," with Gurdip Bakshi, 1994.


 

"Stochastic Dominance and Mutual Fund Separation in Multiperiod Securities Markets," 1990.


 

``Arbitrage and Optimal Security Design," 1992.


 

``Arbitrage in the Treasury Bond Market", with Mark Fedenia, 1993.