Clark, Steven

UNCC

There are 2 item/s.

TitleDateViewsBrief Description
Three essays in market efficiency : an examination of market reaction to information 2012 255 The efficient market hypothesis (EMH) examines how quickly and accurately information is reflected in a security price, and as a result, it has become one of the primary areas of focus in financial literature. I explore three problems regarding the...
Corporate bonds : theoretical and empirical study 2012 918 This dissertation consists of three parts. The first chapter presents an analysis of the structural difference between a make-whole callable and a traditional callable bond. Based on the analysis, we construct a reduced-form model for the make-whol...