A
Akhavein, J., 111, 116, 118
Admati, A., 204, 207, 208, 209, 213, 214, 290
Advanced internal ratings based (AIRB) approach, 420 423
of calibrated correlation function, 418
of capital calculations, 425
of capital requirement, 418, 422, 428, 436, 473, 478
of minimum capital rule, 415, 422n6, 424
Adverse selection problem, 90, 462, 463, 467
in loan market, 443
Advertising
expenditures, 362
of mutual funds, 268
Affiliate underwritings, 179
Aggregate market, 271, 496
AIRB approach see Advanced internal ratings based approach
Ait-Sahalia, Y., 231, 232
Akaike s information criterion (AIC), 339
Allen, F., 2, 8, 20, 43, 118, 296, 297, 442n, 456, 457, 459, 464, 467, 470, 471, 472
Allen, L., 178, 419, 491, 492n, 532
Alpha measures, empirical specifications of, 247 249
American Association of Individual Investors, 272
Analysts, 292
evidence on choices and rewards of, 299
Anti-inflationary monetary policies, 322
APT see Arbitrage pricing theory
Arbitrage pricing theory (APT), 198, 200n
ARIMA see Autoregressive integrated moving-average time-series model
Asset approach see Intermediation approach
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