This is the first comprehensive study of VIX futures ETNs. This empirical research into their
statistical characteristics motivates the development of a sub-class of these notes based on …

By blending theoretical and empirical approaches, the authors suggest that an allocation to
emerging-markets stocks can enhance a portfolio's long-term risk-adjusted returns. The …

Based on analysis of private equity performance, this article challenges the widespread
assumption that private equity investments can provide both exceptional returns and enhanced …

Conventional wisdom maintains that small-cap active equity funds have had higher excess
returns than their larger-cap counterparts because the small-cap market is less efficient and …

This dissertation contains three essays that can be read independently. The first chapter
examines how a debt crisis can occur and persist as a result of unanticipated, transitory, real …

● This paper reviews several aspects of the asset allocation debate and offers observations
to reshape or provide a fresh perspective. ● The first area of exploration is the debate over …

… Perkins and Wicas 1' 1971 '1 investigated the effects of the use of counseling with small
groups of bright, undera.chievin.g ninth grade boys and their mothers. One hundred twenty boys …