Journal Article
Bank holding company stock risk and the composition of bank asset portfolios
Neuberger, Jonathan A. (1992)
In this paper, I conduct an empirical analysis of the behavior of bank holding company stock returns with the goal of identifying the effect of portfolio composition on the risks embodied in those returns. Using a modified arbitrage pricing theory model, I test for significant balance sheet effects on both the market and nonmarket components of bank stock systematic risk. I find that several categories of bank assets are significant in explaining bank stock risk profiles. Among other things, I discuss the importance of these findings in light of the risk-based capital standards and suggest ...
Economic Review

Journal Article
FIRREA and deposit insurance reform
Neuberger, Jonathan A. (1989)
FRBSF Economic Letter

Journal Article
Risk and return in banking: evidence from bank stock returns
Neuberger, Jonathan A. (1991-10)
Economic Review , Issue Fall , Pages 18-30

Working Paper
Conditional risk and return in bank holding company stocks: a factor- GARCH approach
Neuberger, Jonathan A. (1994)
Working Papers in Applied Economic Theory , Paper 94-02

Working Paper
Capital market imperfections and the q-theory of investment: theory and evidence
Neuberger, Jonathan A. (1989)
Most studies of corporate investment assume perfect capital markets and ignore the influence of financing decisions on real investment. This paper explores whether capital market imperfections are helpful in explaining real corporate investment. I develop a variant of a q-theory model of investment in which investment and financing decisions interact. The model suggests a modified empirical investment equation in which both q and financial factors are explanatory variables. This equation is tested using aggregate U.S. data. The empirical results support the modified q-theory model and suggest ...
Working Papers in Applied Economic Theory , Paper 89-03

Conference Paper
Conditional risk and return in bank holding company stocks: a factor- GARCH approach
Neuberger, Jonathan A. (1994)
Proceedings , Paper 56

Journal Article
Bank pricing of retail deposit accounts and \"the California rate mystery\"
Zimmerman, Gary C.; Neuberger, Jonathan A. (1990-04)
Economic Review , Issue Spr , Pages 3-16

Journal Article
Imperfect information and the Community Reinvestment Act
Neuberger, Jonathan A.; Gruben, William C.; Schmidt, Ronald H. (1990-07)
Economic Review , Issue Sum , Pages 27-46

Journal Article
Interest rate competition
Zimmerman, Gary C.; Neuberger, Jonathan A. (1990)
FRBSF Economic Letter

Journal Article
Depositor discipline and bank runs
Neuberger, Jonathan A. (1991)
FRBSF Economic Letter