The Journal of Finance

Cover image for Vol. 20 Issue 4

December 1965

Volume 20, Issue 4

Pages i–xxix, 587–780

  1. Volume Information

    1. Top of page
    2. Volume Information
    3. Front Matter
    4. [Photograph]: Roland I. Robinson, Twelfth President of the American Finance Association, 1953
    5. Articles
    6. Communications
    7. Abstracts of Doctoral Dissertations
    8. Book Reviews
    9. Books Received
    10. Style Instructions
    11. Annual Meeting of the American Finance Association
    12. Student Chapters of the American Finance Association
    13. Back Matter
    1. Volume Information (pages i–vi)

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb00478.x

  2. Front Matter

    1. Top of page
    2. Volume Information
    3. Front Matter
    4. [Photograph]: Roland I. Robinson, Twelfth President of the American Finance Association, 1953
    5. Articles
    6. Communications
    7. Abstracts of Doctoral Dissertations
    8. Book Reviews
    9. Books Received
    10. Style Instructions
    11. Annual Meeting of the American Finance Association
    12. Student Chapters of the American Finance Association
    13. Back Matter
    1. Front Matter (pages vii–xii)

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb00479.x

  3. [Photograph]: Roland I. Robinson, Twelfth President of the American Finance Association, 1953

    1. Top of page
    2. Volume Information
    3. Front Matter
    4. [Photograph]: Roland I. Robinson, Twelfth President of the American Finance Association, 1953
    5. Articles
    6. Communications
    7. Abstracts of Doctoral Dissertations
    8. Book Reviews
    9. Books Received
    10. Style Instructions
    11. Annual Meeting of the American Finance Association
    12. Student Chapters of the American Finance Association
    13. Back Matter
  4. Articles

    1. Top of page
    2. Volume Information
    3. Front Matter
    4. [Photograph]: Roland I. Robinson, Twelfth President of the American Finance Association, 1953
    5. Articles
    6. Communications
    7. Abstracts of Doctoral Dissertations
    8. Book Reviews
    9. Books Received
    10. Style Instructions
    11. Annual Meeting of the American Finance Association
    12. Student Chapters of the American Finance Association
    13. Back Matter
    1. You have free access to this content
      SECURITY PRICES, RISK, AND MAXIMAL GAINS FROM DIVERSIFICATION (pages 587–615)

      John Lintner

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb02930.x

    2. THE MARKET IMPACT OF THE SALE OF LARGE BLOCKS OF STOCK (pages 617–631)

      Harry G. Guthmann and Archie J. Bakay

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb02931.x

    3. INVESTMENT PERFORMANCE: COMMON STOCKS VERSUS APARTMENT HOUSES (pages 633–646)

      Paul F. Wendt and Sui N. Wong

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb02932.x

    4. PRICE EFFECTS IN RIGHTS OFFERINGS (pages 647–650)

      J. Russell Nelson

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb02933.x

    5. THE RESPONSE OF BANKS TO CHANGES IN AGGREGATE RESERVES (pages 651–664)

      C. Rangarajan and Alan K. Severn

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb02934.x

    6. TAX LAW, LOCK-INS, AND BANK PORTFOLIO CHOICE (pages 665–677)

      William F. Beazer

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb02935.x

    7. THE BURDEN OF THE PUBLIC DEBT: A REVIEW ARTICLE (pages 679–682)

      James Tobin

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb02936.x

  5. Communications

    1. Top of page
    2. Volume Information
    3. Front Matter
    4. [Photograph]: Roland I. Robinson, Twelfth President of the American Finance Association, 1953
    5. Articles
    6. Communications
    7. Abstracts of Doctoral Dissertations
    8. Book Reviews
    9. Books Received
    10. Style Instructions
    11. Annual Meeting of the American Finance Association
    12. Student Chapters of the American Finance Association
    13. Back Matter
    1. ON MEASURING FISCAL POLICY (pages 683–690)

      Joseph Scherer

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb02937.x

    2. STIMULATING BANK COMPETITION: COMMENT (pages 691–692)

      A. Dale Tussing

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb02938.x

    3. PATTERNS OF BUSINESS FINANCING: SOME COMMENTS (pages 693–707)

      Eli Shapiro and William L. White

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb02939.x

    4. PATTERNS OF BUSINESS FINANCING: REPLY (pages 708–718)

      Arnold W. Sametz

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb02940.x

  6. Abstracts of Doctoral Dissertations

    1. Top of page
    2. Volume Information
    3. Front Matter
    4. [Photograph]: Roland I. Robinson, Twelfth President of the American Finance Association, 1953
    5. Articles
    6. Communications
    7. Abstracts of Doctoral Dissertations
    8. Book Reviews
    9. Books Received
    10. Style Instructions
    11. Annual Meeting of the American Finance Association
    12. Student Chapters of the American Finance Association
    13. Back Matter
    1. INTEREST ON DEPOSITS OF COMMERCIAL BANKS IN THE UNITED STATES: A STUDY IN FINANCIAL REGULATION (page 719)

      Albert H. Cox Jr.

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb02941.x

    2. EVALUATING THE INVESTMENT PERFORMANCE OF NONINSURED PENSION FUNDS (pages 720–721)

      Peter O. Dietz

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb02942.x

    3. COMPARATIVE INVESTMENT POLICY AND PERFORMANCE OF NATIONAL UNIONS' GENERAL AND SPECIAL FUNDS (pages 722–723)

      Thomas J. Kewley

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb02943.x

    4. FINANCIAL STATEMENTS OF LIFE INSURANCE COMPANIES (pages 724–725)

      Robert Hugh Raymond

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb02944.x

    5. STATE CENTRALIZED INVESTMENT PROCESS: STRUCTURE, CONTROLS, AND OPERATIONS (pages 726–727)

      Miles Tommeraasen

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb02945.x

  7. Book Reviews

    1. Top of page
    2. Volume Information
    3. Front Matter
    4. [Photograph]: Roland I. Robinson, Twelfth President of the American Finance Association, 1953
    5. Articles
    6. Communications
    7. Abstracts of Doctoral Dissertations
    8. Book Reviews
    9. Books Received
    10. Style Instructions
    11. Annual Meeting of the American Finance Association
    12. Student Chapters of the American Finance Association
    13. Back Matter
    1. BOOK REVIEWS (pages 728–769)

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb02946.x

  8. Books Received

    1. Top of page
    2. Volume Information
    3. Front Matter
    4. [Photograph]: Roland I. Robinson, Twelfth President of the American Finance Association, 1953
    5. Articles
    6. Communications
    7. Abstracts of Doctoral Dissertations
    8. Book Reviews
    9. Books Received
    10. Style Instructions
    11. Annual Meeting of the American Finance Association
    12. Student Chapters of the American Finance Association
    13. Back Matter
    1. BOOKS RECEIVED (pages 770–771)

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb02947.x

  9. Style Instructions

    1. Top of page
    2. Volume Information
    3. Front Matter
    4. [Photograph]: Roland I. Robinson, Twelfth President of the American Finance Association, 1953
    5. Articles
    6. Communications
    7. Abstracts of Doctoral Dissertations
    8. Book Reviews
    9. Books Received
    10. Style Instructions
    11. Annual Meeting of the American Finance Association
    12. Student Chapters of the American Finance Association
    13. Back Matter
    1. STYLE INSTRUCTIONS (page 772)

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb02948.x

  10. Annual Meeting of the American Finance Association

    1. Top of page
    2. Volume Information
    3. Front Matter
    4. [Photograph]: Roland I. Robinson, Twelfth President of the American Finance Association, 1953
    5. Articles
    6. Communications
    7. Abstracts of Doctoral Dissertations
    8. Book Reviews
    9. Books Received
    10. Style Instructions
    11. Annual Meeting of the American Finance Association
    12. Student Chapters of the American Finance Association
    13. Back Matter
    1. ANNUAL MEETING OF THE AMERICAN FINANCE ASSOCIATION (pages 773–778)

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb02949.x

  11. Student Chapters of the American Finance Association

    1. Top of page
    2. Volume Information
    3. Front Matter
    4. [Photograph]: Roland I. Robinson, Twelfth President of the American Finance Association, 1953
    5. Articles
    6. Communications
    7. Abstracts of Doctoral Dissertations
    8. Book Reviews
    9. Books Received
    10. Style Instructions
    11. Annual Meeting of the American Finance Association
    12. Student Chapters of the American Finance Association
    13. Back Matter
    1. STUDENT CHAPTERS OF THE AMERICAN FINANCE ASSOCIATION (pages 779–780)

      HAROLD W. STEVENSON

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb02950.x

  12. Back Matter

    1. Top of page
    2. Volume Information
    3. Front Matter
    4. [Photograph]: Roland I. Robinson, Twelfth President of the American Finance Association, 1953
    5. Articles
    6. Communications
    7. Abstracts of Doctoral Dissertations
    8. Book Reviews
    9. Books Received
    10. Style Instructions
    11. Annual Meeting of the American Finance Association
    12. Student Chapters of the American Finance Association
    13. Back Matter
    1. Back Matter (pages xiv–xxix)

      Article first published online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1965.tb00481.x

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