The Reliability of Fair Value versus Historical Cost Information: Evidence from Closed-End Mutual Funds

A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity

1980 • 25,774 citations

A Simple, Positive Semi-Definite, Heteroskedasticity and Autocorrelation Consistent Covariance Matrix

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Risk, Return, and Equilibrium: Empirical Tests

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Noise Trader Risk in Financial Markets

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The relevance of the value-relevance literature for financial accounting standard setting

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The relevance of the value relevance literature for financial accounting standard setting: another view

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Investor Sentiment and the Closed-End Fund Puzzle

1991 • 1,422 citations

Investor Sentiment and the Closed‐End Fund Puzzle

1991 • 1,291 citations

Stock Prices and Social Dynamics

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Stock Prices and Social Dynamics

1984 • 851 citations

Costly Arbitrage: Evidence from Closed-End Funds

1996 • 826 citations

FAIR VALUE ACCOUNTING: EVIDENCE FROM INVESTMENT SECURITIES AND THE MARKET VALUATION OF BANKS

1994 • 680 citations

THE VALUATION OF CLOSED‐END INVESTMENT‐COMPANY SHARES

1977 • 334 citations

Private benefits from block ownership and discounts on closed-end funds

1993 • 281 citations

Closed-end fund premia and returns implications for financial market equilibrium

1995 • 204 citations

Stock market valuation of gains and losses on commercial banks' investment securities An empirical analysis

1995 • 160 citations

Fair Values of Equity and Debt Securities and Share Prices of Property-Liability Insurers

1995 • 152 citations

An empirical analysis of the economic implications of fair value accounting for investment securities

1996 • 125 citations

DISCOUNTS AND PREMIUMS ON CLOSED‐END MUTUAL FUNDS: A STUDY IN VALUATION

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A Theoretical and Empirical Investigation of the Dual Purpose Funds: An Application of Contingent-Claims Analysis

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A theoretical and empirical investigation of the dual purpose funds

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Fair Value Accounting for Property-Liability Insurers and Classification Decisions under FAS 115

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Closed-End Investment Companies: Issues and Answers

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Advances in Financial Economics

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Deleted Work

1955 • 0 citations