Purpose - To find out if the beta from the capital asset pricing model (CAPM) accurately measures the systematic equity risk of a firm's pension funds. Design/methodology/approach -Takes 4,453 observations of equity beta using the market model on weekly return data for up to one year from 1993...

The overall objective of this project is to provide research guidance and quantification of research progress in the areas of direct and indirect coal liquefaction, coal/waste coprocessing, refining of coal-derived liquid fuels, and natural gas conversion. Specifically, the work is divided into...

The objective of this study is to assess the technical and economic impacts of siting direct two-stage coal liquefaction and indirect liquefaction, using slurry Fischer-Tropsch (F-T) reactors, at the same location. The incentives for this co-siting include the sharing of the large number of...

Economics

The third conference on the future of life-cycle saving and investing, entitled “Financial Education and Consumer Financial Protection,” was held at the Boston University School of Management on 23–25 May 2011. Like the previous two conferences, it was organized by Professor Zvi Bodie of...

Bethlehem Steel's 2001 bankruptcy filing inspires an employee's daughter to evaluate her father's pension plan, weeks after September 11's tragedies exacerbated a weakening U.S. economy and just months before her father planned to retire. Battered equity markets and plummeting interest rates...