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The first chapter explores the determinants of people's decisions to take 401(k) loans. We model factors that rationally would induce people to borrow from their pension plans, and we explain why people do not often use 401(k) loans to replace their more expensive credit card debt. Next we test...
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Over the study period of 1995 to 2006, performance disparities are reported between mutual funds engaged in socially responsible investing (SRI funds) and non-SRI funds. After introducing a social factor and firm specific risk variables, an extension to the Fama-French-Carhart four-factor model...
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This dissertation offers a microstructure-based model to explain two puzzles in finance: diversification discount and …
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Source: Dissertation Abstracts International, Volume: 58-02, Section: A, page: 0539.
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