Handbook of Financial Intermediation and Banking
By Arnoud W. A. Boot (eds)

List of Figures

Chapter 1: The Design of Debt Contracts

Figure 1: The basic model.

Chapter 2: Subordination Levels in Structured Financing

Figure 1: Bond rates and credit spread.
Figure 2: Interest rates and yield slope.

Chapter 5: Optimal Industrial Structure in Banking

Figure 1: Two-input one-output isoquant.
Figure 2: Cost frontier and X-inefficiency u i.
Figure 3: Effect of measurement error on estimated inefficiency.

Chapter 8: The Behavior of Mutual Fund Investors

Figure 1: New money flows of past performance deciles. This figure plots the average quarterly new money flows for deciles of funds based on the previous one-year excess returns over the stock market return. Decile 10 consists of funds with best past performance, and decile 1 consists of funds with worst past performance. The sample includes diversified U.S. equity funds covered in the CRSP mutual fund database from 1970 to 1999.
Figure 2: Cash flow response to front-end load charges. This figure plots the average quarterly new money flows for no load and load funds, respectively. The sample includes diversified U.S. equity funds covered in the CRSP mutual fund database from 1970 to 1999.
Source: Barber, Odean, and Zheng (2005).
Figure 3: Cash flow response to annual expense ratios. This figure plots the average quarterly new money flows for deciles of funds based on the previous disclosed annual expense ratios. Decile 10 consists of funds with highest expense ratios, and decile 1 consists of funds with lowest expense ratios. The sample includes diversified U.S. equity funds covered in the...
Copyright Elsevier B.V. 2008 under license agreement with Books24x7
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