This volume illuminates and critically assesses Paul A. Samuelson's voluminous and groundbreaking contributions to the field of economics. The volume includes contributions from eminent scholars, including six Nobel Laureates, covering the extraordinary depth and breadth of Samuelson's contributions

This paper examines the relationship between borrowing rates and switching the listing of a firm's stock to the NYSE. Using a sample of syndicated corporate loans, we find that firms switching from either NASDAQ or AMEX to NYSE experience a significant decrease in borrowing rates for revolving...

Purpose – To assess not how Samuelson's individual models contributed to human knowledge but the very true foundation on which they rest, namely, sound theory, facts, and philosophy. Design/methodology/approach – This article has placed Samuelson as a philosopher seeking the truth, and as a...

Market liquidity is impacted by the presence of financial intermediaries that are informed and active participants in both the equity and the syndicated bank loan markets, specifically informationally advantaged lead arrangers of syndicated bank loans that simultaneously act as equity market...

This volume illuminates and critically assesses Paul A. Samuelson's voluminous and groundbreaking contributions to the field of economics. The volume includes contributions from eminent scholars, including 6 Nobel Laureates, covering the extraordinary depth and breadth of Samuelson's...

Purpose – To assess not how Samuelson's individual models contributed to human knowledge but the very true foundation on which they rest, namely, sound theory, facts, and philosophy. Design/methodology/approach – This article has placed Samuelson as a philosopher seeking the truth, and as a...

This paper investigates what predicts corporate governance in emerging markets. Specifically, we examine what predicts governance changes and the level of governance itself. To conduct this study, we utilize a unique data set from AllianceBernstein that consists of monthly firm-level corporate...

This study examines whether higher-paid workers have significantly higher rates of return on their 401(k) retirement accounts than lower-paid workers. This topic received considerable attention when Brooks Hamilton, a prominent benefits consultant, stated on the PBS program Frontline that the...

The study reported here identified an age bias in the Morningstar mutual fund ratings. I found that the average overall star ratings of seasoned funds are consistently - and in many cases, significantly - higher than the average overall star ratings of younger funds. This bias is not the result...