STUDIES OF PORTFOLIO BEHAVIOR

Edited by
DONALD D. HESTER and JAMES TOBIN
John Wiley & Sons, Inc., New York, Lond, Sydney
1967
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TABLE OF CONTENTS

Chapter  Page 
Preliminary Pages
1.  Consumer Expenditures and the Capital Account, by Harold W. Watts and James Tobin
2.  Consumer Debt and Spending: Some Evidence from Analysis of a Survey, by James Tobin 40 
3.  An Empirical Study of Cash, Securities, and Other Current Accounts of Large Corporations, by Alan W. Heston 66 
4.  An Empirical Examination of a Commercial Bank Loan Offer Function, by Donald D. Hester 118 
5.  An Empirical Model of Commerical Bank Portfolio Management, by James L. Pierce 171 
6.  Life Insurance Investment: The Experience of Four Companies, Leroy S. Wehrle 191 
Index 249