… Zvi Bodie is a professor of finance at Boston University, and Dwight B. Crane is Gund …
Such accounts include IRAs, Keogh, 401(k), and 403(b) accounts, which are the nonprofit …

… Please address requests for proofs and reprints to Dwight B. Crane at the above address. …
tables), we will look first at the means reported in panel B. For the majority" of the article we will …

The bond portfolio problem is viewed as a multistage decision problem in which buy, sell,
and hold decisions are made at successive (discrete) points in time. Normative models of this …

The purpose of this article is to present results from a study of management practices used
in one particular type of professional service firm-investment banks. This study included …

This paper presents a forecasting technique which attempts to combine the advantages of
both time series analysis and multiple regression. In this two-stage technique, an …

As pension plans in the US and other countries shift from defined benefit to defined contribution
plans, employees are being asked to bear investment risk formerly borne by employers …

Discusses the disegregation of banking products and services in the financial services industry.
The reasons for radical changes; The six core needs of a financial system; New ways for …

This paper presents a discrete stochastic programming model for commercial bank bond
portfolio management. It differs from previous bond portfolio models in that it provides an …

This paper analyses changes in the German corporate governance system in the 1990s,
using a functional perspective that separates the functions of governance from the institutions …

The twelve Federal Land Bank of the Farm Credit System borrow large amounts in the capital
markets to provide funds for their farm lending activities. Each year these privately owned …