The first essay presents a closed-form pricing formula for a European call warrant issued by a leveraged firm and demonstrates there are significant pricing errors if the formula derived under the all-equity firm assumption in Schulz & Trautmann (Journal of Banking and Finance, 1994) and the...

From the Department of Labor, the best survey for flexibility data comes from the Current Population Survey (CPS). The CPS is a monthly survey of 60,000 households that provides data on the labor force, employment, unemployment, and persons not in the labor force.The benefit of the CPS is that...

"Nonprofit theory predicts nonprofit enterprises will be more trustworthy than for-profit enterprises in the delivery of goods for which quality is difficult to determine because nonprofit enterprises are legally required to reinvest all profits back into the enterprise. Theoretically, consumers...

Technical analysis is a category of securities trading that utilizes mathematical formulas in order to signal buying and selling points. This paper will evaluate the profitability of various technical methods over a five-year period starting January 1, 2003, with securities in the Dow Jones...

These notes address, at a preliminary level, broad planning principles that apply to many different areas of research. Anyone who has a research degree should be aware of them, whether or not they arise in their own research. They give, also, pointers that may help in getting a clear view of...

Background: Trials in Africa indicate that medical adult male circumcision (MAMC) reduces the risk of HIV by 60%. MAMC may avert 2 to 8 million HIV infections over 20 years in sub-Saharan Africa and cost less than treating those who would have been infected. This paper estimates the financial...