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Donald D. Hester Publications

Publish Date
Preliminary Pages [i-xv]
1 Introduction [3]
2 Underpinnings for a Theory of Bank Behavior [11]
3 Models of Bank Portfolio Behavior [38]
4 Estimation of the Models: Problems and Techniques [73]
5 Data Resources, Sample Selection, and the Profile of a Typical Observation [101]
6 Estimates for the Input-Output Model from a Sample of Commercial Banks [117]
7 Estimates for the Input-Output Model from a Sample of Mutual Savings Banks [146]
8 On Forecasting Bank Deposits [184]
9 The Adaptive-Expectations Formulation [202]
10 Bank Earnings, Costs, and Rates of Return [213]
11 Some Prescriptive Conclusions for Improving Commercial Bank Earnings [231]
12 Bank Behavior and Macroeconomic Credit Flows [250]
Postscript [285]
Selected Bibliography [289]
Index [297]


Preliminary Pages [i-xi]
1 Consumer Expenditures and the Capital Account, by Harold W. Watts and James Tobin [1]
2 Consumer Debt and Spending: Some Evidence from Analysis of a Survey, by James Tobin [40]
3 An Empirical Study of Cash, Securities, and Other Current Accounts of Large Corporations, by Alan W. Heston [66]
4 An Empirical Examination of a Commercial Bank Loan Offer Function, by Donald D. Hester [118]
5 An Empirical Model of Commerical Bank Portfolio Management, by James L. Pierce [171]
6 Life Insurance Investment: The Experience of Four Companies, Leroy S. Wehrle [191]
Index [249]


Preliminary Pages [i-xi]
1 Commerical Banks as Creators of "Money," by James Tobin [1]
2 A Model of Bank Portfolio Selection, by Richard C. Porter [12]
3 Financial Intermediaries and the Effectiveness of Monetary Controls, by James Tobin and William C. Brainard [55]
4 Financial Intermediaries and a Theory of Monetary Control, by William C. Brainard [94]
5 Monetary Policy, Debt Management, and Interest Rates: A Quantitative Appraisal, by Arthur M. Okun [142]
6 Determinants of Bond Yield Differentials: 1954 to 1959, by Peter E. Sloane [189]
Index [247]


Preliminary Pages [i-ix]
1 Liquidity Preference as Behavior Toward Risk, by James Tobin [1]
2 Substitution and Complementarity in the Choice of Risky Assets, by Shoichi Royama and Koichi Hamada [27]
3 Efficient Portfolios with Short Sales and Margin Holdings, by Donald D. Hester [41]
4 Effects of Alternative Tax Structures on Individuals' Holdings of Financial Assets, by Susan Lepper [51]
5 Stock Market Indices: A Principal Components' Analysis, by George J. Feeney and Donald D. Hester [110]
6 The Accumulation of Risky Capital: A Sequential Utility Analysis, by Edmund S. Phelps [139]
7 Estimating the Utility of Wealth from Call Options Data, by Richard N. Rosett [154]
Index [171]