HOME / PUBLICATIONS /

Debt

1989
Froot, K.A., D. Scharfstein, and J. Stein. “LDC Debt: Forgiveness, Indexation, and Investment Incentives.” Journal of Finance 44, no. 5 (1989): 1335–1350. LDC Debt: Forgiveness, Indexation, and Investment Incentives

Revised from NBER Working Paper No. 2541, March 1988.

Froot, K.A. “New Hope for the Expectations Hypothesis of the Term Structure of Interest Rates.” Journal of Finance 44, no. 2 (1989): 283–305. New Hope for the Expectations Hypothesis of the Term Structure of Interest Rates

Revised from NBER Working Paper No. 2363, March 1990. Reprinted in Behavioral Finance, edited by H. Shefrin, part of the International Library of Critical Writings in Financial Economics, edited by R. Roll. London: Edward Elgar Publishing, 2000.

Froot, K.A. “Buybacks, Exit Bonds, and the Optimality of Debt and Liquidity Relief.” International Economic Review 30, no. 1 (1989): 49–70. Buybacks, Exit Bonds, and the Optimality of Debt and Liquidity Relief

Revised from NBER Working Paper No. 2675, July 1988. Translated into Spanish in Estudios Economicos 4 (July 1989): 31-60.

1994
Froot, K.A., and J. Hines. “Interest Allocation Rules and the Changing Cost of Debt Finance.” Harvard University, 1994.
1999
Froot, K.A. “The Evolving Market for Catastrophe Event Risk.” Risk Management and Insurance Review 2, no. 3 (1999): 1–28. The Evolving Market for Catastrophe Event Risk

Reprinted in Risk Management: The State of the Art, edited by S. Figlewski and R. Levich, Kluwer Academic Publishers, 2001.

2001
Froot, K.A. “The Market for Catastrophe Risk: A Clinical Examination.” Journal of Financial Economics 60, no. 2-3 (2001): 529–571. The Market for Catastrophe Risk: A Clinical Examination

Revised from NBER Working Paper No. 8110, February 2001. Reprinted in The Economics of Natural Hazards, part of the International Library of Critical Writings in Economics series edited by Mark Blaug, U.K.: Edward Elgar Publishing, 2003.

2002
Froot, K.A., and S. Posner. “The Pricing of Event Risks with Parameter Uncertainty.” Geneva Papers on Risk and Insurance Theory 27, no. 2 (2002): 153-165. The Pricing of Event Risks with Parameter Uncertainty

Revised from NBER Working Paper no. 8106, February 2001.

2008
Froot, Kenneth A. “The Intermediation of Financial Risks: Evolution in the Catastrophe Reinsurance Market.” Risk Management and Insurance Review 11, no. 2 (2008): 281-294. Publisher's Version The Intermediation of Financial Risks: Evolution in the Catastrophe Reinsurance Market
2014
Froot, Kenneth A., R. Bhargava, E. Cuipa, and J. Arabadjis. “Multi-Asset Sentiment and Institutional Investor Behavior: A Cross-Asset Perspective.” Journal of Portfolio Management 40, no. 4 (2014): 144-156. Multi-Asset Sentiment and Institutional Investor Behavior: A Cross-Asset Perspective