Comunistas no Paraná (1945-1964)

The Performance Of Mutual Funds In The Period 1945 - 1964

In this paper I derive a risk-adjusted measure of portfolio performance (now known as "Jensen's Alpha") that estimates how much a manager's forecasting ability contributes to the fund's returns. The measure is based on the theory of the pricing of capital assets by Sharpe (1964), Lintner (1965a) and Treynor (Undated). I apply the measure to estimate the predictive ability of 115 mutual fund man...

Farm & Home Science Vol. 6 No. 4, December 1945

Farm & Home Science Vol. 6 No. 2, June 1945

No Other Way Out STATES AND REVOLUTIONARY MOVEMENTS , 1945 – 1991

The Passage of State Fair Employment Legislation, 1945-1964: An Event-History Analysis with Time-Varying and Time-Constant Covariates

From 1945 to 1964, two-dozen states outside the South passed enforceable fair employment practice (FEP) laws. Yet some states passed such laws far earlier than others. Reviewing several bodies of research, I derive economic, political, institutional, and social hypotheses to explain their diffusion. Discrete-time, logit analysis of a newly assembled data set—containing both time-constant and ti...