In recent years, the number of female Chief Executive Officers (CEO's) at large firm's has increased to the point that it is possible to statistically compare the performance and management characteristics of firms managed by CEO's of different genders. This paper is an exploratory study that...

The process of changing reserve requirements in Costa Rica is a three step process. First the central bank makes the decision to change reserve requirements. Several days to several weeks later, the change is announced in the official newspaper. The actual reserve requirement change takes place...

In this paper we introduce and empirically demonstrate a new model of economic development that we call Portfolio Economic Development. Our approach borrows from portfolio theory in finance and focuses on the risk-return nature of development projects. The paper examines how the loss of a...

In this paper, the historical changes in the Dow Jones Industrial Average index are examined. The distributions of index changes over short to moderate length trading intervals are found to have tails that are heavier than can be accounted for by a normal process. This distribution is better...

Currency adjusted stock indices consider the impact of both stock value changes and underlying currency value changes on total wealth changes. This paper explores causality and cointegration of currency-adjusted indices using intraday data. This paper examines tick-by-tick data for seven...

Developing pro-forma financial statements and associated financial analysis is an important undertaking for new and existing business alike. This paper reports user experiences with a spreadsheet-based method for developing pro-forma financial statements as developed in Jalbert (2017). The paper...

Online instruction is becoming an increasingly popular course delivery system. This paper examines performance outcomes of finance students receiving face-to-face instruction versus online instruction. We compare the Educational Testing Service Major Field Test (ETS) finance sub-scores of...

This paper examines professor teaching and research ratings. Specifically, this research examines the extent to which professors excel both at teaching and research. Similarly, this work examines the extent that professors who excel in one area are deficient in the other. Data for analysis...

A recent line of research develops currency adjusted stock indices. These indices incorporate the effects of both stock value changes and underlying currency value changes to measure wealth changes. This paper extends the extant literature by examining time series properties of currency-adjusted...

The State of Hawaii allows paid State taxes as an itemized deduction on the State income tax return. The deduction is available only for individuals with Federal adjusted gross income less than $200,000. Hawaii also limits total itemized deductions to $50,000 for individuals with Federal...