This paper examines why the degree of underpricing of IPOs in Korea is much greater than
in the US The analysis shows that both the issuing firm and its underwriter tend to set the IPO …

Estep and Kritzman (1988) proposed a portfolio protection technique called Time Invariant
Portfolio Protection (TIPP). According to them, the proposed technique has an advantage over …

To explore the simplified conventional wisdom that the currency with a high short-term interest
rate will appreciate in the future against other currencies with lower rates, the hypothesis …

A portfolio consisting of short-term options and money market instruments-called a PSI-will
replicate an illiquid long-term option if the short-option behaves in the same manner as the …

The widespread practice of discounting the liability schedule based on the yield or yield
curve derived from the assets held in the immunization portfolio can mislead the pension …

A strategy called dynamic duration strategy (DDS) is proposed that simplifies the complex
problems of bond portfolio management. DDS seeks the maximum participation in up-markets …

Based on US macroeconomic data from the past 30 years, it appears that the loose monetary
policy of maintaining low interest rates did not effectively encourage businesses and …

… product on Ks that is R-bilinear. Since Ks can be considered as an Euclidean vector space,
we have an isomorphism Ls : Ks → R2 with σs(v · w) = Ls(v) · Ls(w) for all v, w ∈ Ks. Next, …

… We proceed as in Zagier [18] and Choie and Kohnen [6], where such an application is …
We follow Zagier [18] and Choie and Kohnen [6], where a similar computation is shown for …

… The ability of parental and transfected cells to interact with E-selectin transfected CHO cells
(CHOIE) was determined in in vitro rolling assays, as described in Materials and Methods. …