Intertemporal Changes in the Riskiness of REITs

This study investigates the variability in the risk components of REITs over the 1973-1989 period using the cusum test, the cusum of squares test, and the Quandt's log-likelihood ratio method. Four REIT portfolios were formed: an all-REIT portfolio, an equity REIT portfolio, a hybrid REIT portfolio, and a mortgage REIT portfolio. The two-index model was employed and the results indicated that both the market beta and the interest-rate beta of the portfolios were time-varying. In addition, significant shifts in return-generating regimes over time were detected for all four portfolios.

The psychology and method of personal youth guidance

Thesis (M.A.)--Boston University, 1938. This item was digitized by the Internet Archive

Robert S. Hunt, Humanist in the Law

I first came to know Bob Hunt in the middle 1950\u27s when he pursued research and writing in United States legal history at the University of Wisconsin Law School under a Rockefeller Fellowship. The focus of his work was interactions between law and the economy in the 19th century. The program was a venture into unexplored territory. Scholars had almost always dealt with legal history in terms of the structure and procedures of the formal agencies of law or in terms of constitutional history in its conventional sense. There was little precedent for studying the functional—or dysfunctional—bearing of law on the structure and operation of the private market, of problems of mustering private capital, of government subsidies to private undertakings, of dealings with interest-group lobbies, of the distribution of gains and costs of using natural resources, of employing labor, and of responding to consumers. To move into such uncharted areas—to conceive of legal history as hyphenate history, as legal-economic, legal-social, legal-political history—demanded flexibility, imagination, and persistence from Professor Hunt, who met the challenge

Satellite observations of mesoscale features in lower Cook Inlet and Shelikof Strait, Gulf of Alaska

The Seasat satellite launched in Summer 1978 carried a synthetic aperture radar (SAR). Although Seasat failed after 105 days in orbit, it provided observations that demonstrate the potential to examine and monitor upper oceanic processes. Seasat made five passes over lower Cook Inlet and Shelikof Strait, Alaska, during Summer 1978. SAR images from the passes show oceanographic features, including a meander in a front, a pair of mesoscale eddies, and internal waves. These features are compared with contemporary and representative images from a satellite-borne Advanced Very High Resolution Radiometer (AVHRR) and Coastal Zone Color Scanner (CZCS), with water property data, and with current observations from moored instruments. The results indicate that SAR data can be used to monitor mesoscale oceanographic features