... of Political Economy, Management Science, and TheReview of Economics and Statistics. He is author of one book, Externalities and Welfare (Columbia University Press, 1972), and co-author of two ... averageadjusted R-squares from the above regression. Panels C and D present the same information for α3, Panels E and F for α4 and Panels G and Hfor α5.FAFebruary 20, 2006 11:34 WSPC/B351 ch05.tex96 ... appeared in The American Economic Review, The International Journalof Finance, The Journal of Banking and Finance, The Journal of Finance, The Journal of Financial Economics, The Journal of Financial...