1057-1096 Judging Fund Managers by the Company They Keep

RANDOLPH B. COHEN JOSHUA D. COVAL Lubos Pastor

1097-1128 Finance and the Business Cycle: International, Inter-Industry Evidence

MATIAS BRAUN BORJA LARRAIN

1129-1165 Debt Dynamics

Christopher A. Hennessy TONI M. WHITED

1167-1219 Housing Collateral, Consumption Insurance, and Risk Premia: An Empirical Perspective

HANNO N. LUSTIG STIJN G. VAN NIEUWERBURGH

1221-1257 What Explains the Stock Market's Reaction to Federal Reserve Policy?

BEN S. BERNANKE KENNETH N. KUTTNER

1259-1292 Do Bank Relationships Affect the Firm's Underwriter Choice in the Corporate-Bond Underwriting Market?

AYAKO YASUDA

1293-1327 Demand-Deposit Contracts and the Probability of Bank Runs

Itay Goldstein ADY PAUZNER

1329-1343 The Theory of Bank Risk Taking and Competition Revisited

JOHN H. BOYD GIANNI DE NICOLÓ

1345-1388 The Choice of Payment Method in European Mergers and Acquisitions

MARA FACCIO RONALD W. MASULIS

1389-1426 Institutional Holdings and Payout Policy

YANIV GRINSTEIN Roni Michaely

1427-1459 Are Firms Underleveraged? An Examination of the Effect of Leverage on Default Probabilities

CARLOS A. MOLINA

1461-1493 To Steal or Not to Steal: Firm Attributes, Legal Environment, and Valuation

Art Durnev E. HAN KIM

1495-1534 What Determines the Domestic Bias and Foreign Bias? Evidence from Mutual Fund Equity Allocations Worldwide

Kalok Chan VICENTIU COVRIG LILIAN NG

1535-1566 Currency Returns, Intrinsic Value, and Institutional-Investor Flows

KENNETH A. FROOT TARUN RAMADORAI

1567-1590 A Comparison of Centralized and Fragmented Markets with Costly Search Xiangkang Yin