Stephen Ross book



	McGraw-Hill is excited to announce the publication of Stephen A. Ross, Mentor: Influence through Generations, which honors the contributions made by Steve Ross to the finance discipline and how his influence extends well beyond his writings. In this volume, students whose careers and thinking were particularly influenced by Steve Ross have chosen to dedicate a prominently published article of their own to his mentorship. In addition to the reprinted articles, each student has written a short piece about their experience with Steve Ross as a mentor. These essays are unique in their ability to shed light on what good research is and how to motivate students to produce it. Twenty-seven contributors, including editor Mark Grinblatt, participated in putting this book together. The table of contents is below.	Requesting Copies We are offering this book complimentary to professors and students to perpetuate Steve Ross' influence and mentorship to the next generation of students. To request copies, please click here to contact your sales representative. Please refer to MHID: 0073365378 or ISBN 13: 9780073365374 when ordering. This book was published for an event held to honor Steve Ross. As part of this celebration, the Stephen A. Ross Prize in Financial Economics was created.

CONTENTS

	The University of Pennsylvania Generation Article 1: Stephen F. LeRoy The Present-Value Relation: Tests Based on Implied Variance Bounds by Stephen F. LeRoy and Richard D. Porter Article 2: Thomas E. Copeland Information Effects on the Bid-Ask Spread by Thomas E. Copeland and Dan Galai Article 3: David J. Teece Vertical Integration and Risk Reduction by Constance E. Helfat and David J. Teece Article 4: Laurence J. Kotlikoff On the General Relativity of Fiscal Language by Jerry Green and Laurence J. Kotlikoff Article 5: Laurence Weiss Borrowing Constraints and Aggregate Economic Activity by Jose A. Scheinkman and Laurence Weiss Article 6: Nancy Stokey Information, Trade and Common Knowledge by Paul Milgrom and Nancy Stokey Article 7: Raymond Chiang Imperfect Price Discrimination and Welfare by Raymond Chiang and Chester S. Spatt Article 8: Chester S. Spatt Optimal Asset Location and Allocation with Taxable and Tax-Deferred Investing by Robert M. Dammon, Chester S. Spatt, and Harold H. Zhang The Yale University Generation Article 9: Philip H. Dybvig Inefficient Dynamic Portfolio Strategies or How to Throw Away a Million Dollars in the Stock Market by Philip H. Dybvig Article 10: Douglas W. Diamond Financial Intermediation and Delegated Monitoring by Douglas W. Diamond Article 11: Gur Huberman A Simple Approach to Arbitrage Pricing Theory by Gur Huberman Article 12: Gregory Connor A Unified Beta Pricing Theory by Gregory Connor Article 13: Mark Grinblatt Portfolio Performance Evaluation: Old Issues and New Insights by Mark Grinblatt and Sheridan Titman Article 14: Paul Pfleiderer Direct and Indirect Sale of Information by Anat R. Admati and Paul Pfleiderer	Article 15: Anat R. Admati A Theory of Intraday Patterns: Volume and Price Variability by Anat R. Admati and Paul Pfleiderer Article 16: Shmuel Kandel Mean-Variance Spanning by Gur Huberman and Shmuel Kandel Article 17: John Y. Campbell Intertemporal Asset Pricing without Consumption Data by John Y. Campbell Article 18: Jonathan Tiemann Exact Arbitrage Pricing and the Minimum-Variance Frontier by Jonathan Tiemann Article 19: Yasushi Hamao Correlation in Price Changes and Volatility across International Stock Markets by Yasushi Hamao, Ronald W. Masulis and Victor Ng Article 20: Anant K. Sundaram An Empirical Analysis of Strategic Competition and Firm Values: The Case of R&D Competition by Anant K. Sundaram, Teresa A. John, and Kose John Article 21: Jaime F. Zender Capital Structure and Dividend Irrelevance with Asymmetric Information by Philip H. Dybvig and Jaime F. Zender Article 22: Jonathan B. Berk A Critique of Size-Related Anomalies by Jonathan B. Berk Article 23: Zhiwu Chen The Spirit of Capitalism and Stock-Market Prices by Gurdip S. Bakshi and Zhiwu Chen Article 24: William N. Goetzmann Global Stock Markets in the Twentieth Century by Philipe Jorion and William N. Goetzmann Article 25: Torben G. Andersen Heterogeneous Information Arrivals and Return Volatility Dynamics: Uncovering the Long-Run in High Frequency Returns by Torben G. Andersen and Tim Bollerslev The Massachusetts Institute of Technology Generation Article 26: Leonid Kogan Equilibrium Cross Section of Returns by Joao Gomes, Leonid Kogan, and Lu Zhang Article 27: Jennifer Huang Participation Costs and Sensitivity of Fund Flows to Past Performance by Jennifer Huang, Kelsey D. Wei, and Hong Yan