New Additions: (Scroll to bottom for most recent additions)

Security Analysis and Investment Strategy is now on the bookshelves -- available on Amazon.com from middle October 2004.

"Ex-Dividend Date Pricing of U.S. Closed-End Bond Funds " This paper (with George Blazenko) has been accepted for publication at International Journal of Finance (posted June /04)

"Executive Stock Options: Are Current Accounting Standards Adequate?" This paper has been published in the Corporate Finance Review vol.9 no.2: 5-19. (posted July /04)

There is now a paper archive for my papers that, for one reason or another, have not gotten enough attention to get published.

Isaac Le Maire and the Early Trading in Dutch East India Company Shares This paper will appear as Chapter 3 in Pioneers of Financial Economics Vol.I, Geoffrey Poitras (ed.), Edward Elgar Publishing (2005) -- posted Nov 2004.

More on the Correct Use of Omnibus Tests for Normality This paper is accepted for publication at Economics Letters . (posted Feb. /05) An earlier version of this paper with the formal statement of the D'Agostino test can be found here

Immunization Bounds, Time Value and Non-Parallel Yield Curve Shifts This paper has been accepted for publication at Insurance and Risk Management (2008) -- posted Sept. 2007. This paper was also presented at the 2005 meetings of the Southern Finance Association in Key West, FL, Nov.16-19,2005.

Duvillard's "Recherches sur les Rentes" (1787) and the Modified Internal Rate of Return This paper will appear as Chapter 6 in Pioneers of Financial Economics , Vol.I, Geoffrey Poitras (ed.), Edward Elgar Publishing (2005) -- posted May 2005.

Life Annuity Valuation: From de Witt and Halley to de Moivre and Simpson This paper will appear as Chapter 4 in Pioneers of Financial Economics , Vol.I, Geoffrey Poitras (ed.), Edward Elgar Publishing (2006) -- posted May 2005.

Put-Call Parity and the Early Exercise Premium for Currency Options (with Chris Veld and Yuriy Zabolotnyuk) will be presented at the 2006 meetings of the Multinational Finance Society in Edinburgh, June 28-July 1, 2006 (posted March 2006). The paper has also been accepted for publication in the Review of Futures Markets (posted 3/07) see the published paper .

Frederick R. Macaulay, Frank M. Redington and the Emergence of Modern Fixed Income Analysis This paper will appear as Chapter 4 in Pioneers of Financial Economics Vol.II, Geoffrey Poitras (ed.), Edward Elgar Publishing (2007) -- posted Jan. /06. This paper was presented at the annual meetings of the Canadian Economics Association in Montreal, May 2006 (posted June 2006).

Pioneers of Financial Economics: Contributions prior to Irving Fisher is now on bookshelves -- available on Amazon.com from middle September 2006 (posted Sept. /06)

Accounting Standards for Employee Stock Option Disclosure This paper will appear in International Journal of Business Governace and Ethics (2008 forthcoming). An earlier version of this paper appeared as Accounting Standards for Employee Stock Option Disclosure: The Current Debate in the Ukranian journal Corporate Ownership and Control in vol. 5 (Aug. 2007) (posted Oct. /06). A version of this paper was presented at the 2007 McMaster World Congress on Corporate Governance, Jan. 24-6, 2007 in Hamilton, Ont.. The .ZIP file with the paper and .ppt of the presentation can be found HERE .

Risk and Futures Markets and Forward Markets These papers will appear as entries in the International Encyclopedia of the Social Sciences 2nd ed., Macmillan Reference (2007 forthcoming).

Pioneers of Financial Economics: Twentieth Century Contributions , the second and last volume in the Pioneers collection, is available on bookshelves from February 2007 (posted Feb. /07)

Pioneers of Financial Economics: Das Neu Adam Smith Problem? This paper was presented at the 2008 ASSA meetings ( American Finance Association and History of Economics Society) in New Orleans on Jan.4. The .ppt file for the presentation can be found HERE .

Ethical Transparency and Government Regulation of Canada's Medical Research Industry This paper (with Lindsay Meredith) was presented at the 20th Annual Oxford Roundtable, Wednesday, March 26, 2008 at Oxford University, UK. The .ppt of the presentation can be found HERE . The paper has also been accepted for publication in the Forum on Public Policy -- posted July 2008.

European Put-Call Parity and the Early Exercise Premium for American Currency Options (with C. Veld and Y. Zabolotnyuk). This paper has been accepted for publication in the Multinational Finance Journal -- posted April 2008.

Ethical Transparency and Economic Medicalization. This paper (with Lindsay Meredith) has been accepted for publication in the Journal of Business Ethics -- posted June 2008.

The Early History of Option Contracts This paper has been accepted for publication in W. Hafner and H. Zimmermann, Vincenz Bronzin's Option Pricing Models: Exposition and Appraisal -- posted Feb. 2009.

Business Ethics, Medical Ethics and Economic Medicalization This paper has been published in the International Journal of Business Governance and Ethics vol. 4 (2009) -- posted Mar. 2009.

From Antwerp to Chicago: The History of Exchange Traded Derivative Security Contracts To be published in the Revue d'Histoire des Sciences Humaines (Journal for the History of the Social Sciences) (2009) -- posted Mar. 2009.

'How is the Stock Market Doing?' Using Absence of Arbitrage to Measure Stock Market Performance To be published in the Annals of Financial Economics (2009) -- posted April 2009.

Arbitrage: Historical Perspectives To be published in the Encyclopedia of Quantitative Finance (2010) -- posted Aug. 2009. Click here for download .

Pioneers of Financial Economics: Das Adam Smith Irrelevanzproblem? This paper (with Franck Jovanovic) to be published in the History of Economics Review (2010) -- posted Dec. 2009.

Put-Call Parity, Transaction Costs and PHLX Currency Options: Intra-daily Tests This paper (with Moh. Hoque and Meher Manzur) to be presented at the annual meetings of the Midwest Finance Association in Las Vegas, NV, Feb. 26, 2010. This paper to be published as "Influence of Transactions Costs on Foreign Exchange Option Contracts: Intra-Daily Tests" in the International Journal of Banking and Finance (2010). Click here for download.

Richard Price, Miracles and the Origins of Bayesian Decision Theory This paper has been accepted for publication in the European Journal for the History of Economic Thought -- posted Nov. 2010.

What Happened May 6, 2010? Anatomy of the Flash Crash This paper will appear as chapter 11 in Research Handbook on Stock Market Globalization , Geoffrey Poitras (ed.) to be published by Edward Elgar (2011) (posted Feb. 2011).

Valuation of Equity Securities: History, Theory and Application (Singapore: World Scientific Publishing) will be available in bookstores in Dec. 2010.

From the Renaissance Exchanges to Cyberspace: A History of Stock Market Globalization This paper will appear as chapter 3 in Research Handbook on Stock Market Globalization , Geoffrey Poitras (ed.), Edward Elgar Publishing (2011) (posted Mar. 2011)

Medical Ethics and Economic Medicalization This is the proof for a chapter to appear in P. Clark (ed.), Medical Ethics , Intech Publishing (2011).

Book Review of Niall Ferguson Ascent of Money for The Historian (2011, p.998-9).

Research Handbook on Stock Market Globalization , Geoffrey Poitras (ed.), Edward Elgar Publishing (2011) to appear on bookshelves in mid-January 2012.