Handbook of the Economics of Finance: Financial Markets and Asset Pricing (Volume 1B)

Volume 1B covers the economics of financial markets: the saving and investment decisions; the valuation of equities, derivatives, and fixed income securities; and market microstructure. Content: Introduction to the Series Pages v-v Kenneth J. Arrow, Michael D. Intriligator Contents of the handbook Pages vii-viii Preface Pages ix-xvi George M. Constantinides, Milton Harris, René Stulz Contents of volume 1B Pages xvii-xxv Chapter 10 Arbitrage, state prices and portfolio theory Review Article Pages 605-637 Philip H. Dybvig, Stephen A. Ross Chapter 11 Intertemporal asset pricing theory Review Article Pages 639-742 Darrell Duffie Chapter 12 Tests of multifactor pricing models, volatility bounds and portfolio performance Review Article Pages 743-802 Wayne E. Ferson Chapter 13 Consumption-based asset pricing Review Article Pages 803-887 John Y. Campbell Chapter 14 The equity premium in retrospect Review Article Pages 889-938 Rajnish Mehra, Edward C. Prescott Chapter 15 Anomalies and market efficiency Review Article Pages 939-974 G. William Schwert Chapter 16 Are financial assets priced locally or globally? Review Article Pages 975-1020 G. Andrew Karolyi, René M. Stulz Chapter 17 Microstructure and asset pricing Review Article Pages 1021-1051 David Easley, Maureen O'Hara Chapter 18 A survey of behavioral finance Review Article Pages 1053-1128 Nicholas Barberis, Richard Thaler Chapter 19 Derivatives Review Article Pages 1129-1206 Robert E. Whaley Chapter 20 Fixed-income pricing Review Article Pages 1207-1246 Qiang Dai, Kenneth J. Singleton Subject index Pages I-1-I-25 v. 1A. Corporate finance v. 1B. Financial markets and asset pricing.