This book contains the recent contributions of Edwin J Elton and Martin J Gruber to the field of investments. All of the articles in this book have been published in the leading finance and economic journals. Sixteen of the twenty articles have been published in the last ten years. This book supplements the earlier contributions of the editors published by MIT Press in 1999.

Table of Contents

Estimating Tax Rates and Ex-Dividend Behavior; Factors Affecting Corporate Bond Pricing; Performance Measurement of Mutual Funds; Mutual Fund Behavior; Special Types of Funds; Return Generating Process; Pension Funds; Optimum Portfolio Construction.