The primary objectives of this study are to investigate the stock market over- or underreaction of various U.S. stock market indexes, the over- or underreaction of a global stock market index, and the over- or underreaction of various-countries' national stock markets relative to a "global"...

This study evaluates the relative pricing efficiency of convertible debt offerings by comparing the wealth of the convertible bond at its termination with the termination date wealth of an equal initial investment in non-convertible debt of the same approximate risk and maturity. The comparison...

The ongoing political, legal, and economic harmonization within the European Union has lead to a higher degree of integration of national financial markets. The introduction of the single European currency, the euro, eliminated a traditional source of risk to international portfolio investors....

This dissertation extends previous research on bubbles by investigating whether changes in the financial asset prices of the S&P500 reflect changes in fundamentals. We propose that if this is not the case the volatility is due to a bubble. Hence, this is the general hypothesis from which several...

This dissertation examines the effect of variables specific to different industries on initial public offerings (IPOs). It has been widely accepted that IPOs perform well in the immediate aftermarket and perform poorly in the subsequent months. The uncertainty surrounding IPOs has been a...

This study examines two questions: (1) whether the level professional judgment required in the application of accounting standards affects the comparability of financial reporting; (2) whether financial statement preparers exploit the professional judgment in accounting standards in order to...

This thesis takes a theoretical and analytical look at the implicit prices of housing characteristics in a South Florida submarket. Chapter II analyzes some of the vast body of previous studies that employ Econometric Techniques. Chapter III presents the information revealed by an examination of...

This thesis examines two alternative solutions for alleviating the exchange rate risk associated with increased exchange rate volatility following the adoption of a floating rate regime in 1973. Evidence concerning the potential deleterious effects of volatile exchange rates on trade and...

The problem of restrictions on trade is the basis of this paper. More specifically, the implications of the U.S.-Canadian Lumber Agreement are outlined in the Introduction. Chapter II offers a history of modern international trade theory as well as current trade theories. The next chapter...

The monetary approach to the balance of payments provides a relatively new method of analyzing balance of payments difficulties. This thesis seeks to analyze the balance of payments disequilibria that has and continues to plague the Jamaican economy, by utilizing the "new" approach in its...