Publications of Professor Joe Brocato
Optimal Asset Allocation over
the Business Cycle (with Steve Steed). The Financial Review,
August 1998. Cited and reviewed in the Spring 1999 edition of the
Instructor's Manual for
Financial Management. Published by Prentice-Hall Publishing,
Can Market Timing Work in the
Real World? A Comment (with P. R. Chandy). The Journal of
Portfolio Management, Spring 1995.
Bank Earnings Forecast Errors:
A Decomposition Analysis. The Journal of Business Forecasting
(with K. Smith and T. Burrows), vol.13, no. 3, Fall 1994.
An Analysis of World Capital
Market Return/Risk Ratios: A Test of Global Financial Integration
during the 1980-1991 Period. Managerial Finance (with K. Smith
and J. Rogers). Spring 1995, vol. 21, no.8.
Does Market Timing Really Work
in the Real World? Evidence from market timers with absolutely no
timing ability (with P. R. Chandy). The Journal of Portfolio Management,
Stock Market Efficiency and
the Federal Deficit: Another Anomaly? (with A. Darrat). The Financial
Review. February 1994.
Evidence on Adjustments in Major
International Stock Market Linkages over the 1980s. Journal of
Business Finance and Accounting. July 1994.
Regularities in the Data Between
Major Equity Markets: A Note on Evidence from Granger Causality Tests.
Applied Financial Economics (with K. Smith and J. Rogers).
Is the Event Study Technique
Useful in Analyzing Regulatory Shifts? Evidence Using the 'MayDay' Deregulation."
International Journal of Finance. Spring 1992.
Evidence on the Comovement of
Stock Prices within the North American Continent (with K. Smith).
North American Review of Economics and Finance. Winter
Professional Forecast Error
as a Function of a Variable Forecast Horizon: A Decomposition Analysis
(with K. Smith and R. Dabbs). The International Journal of Forecasting.
Evidence on the Comovement and
Linkages Among Major World Equity Markets, 1980 - 1987. International
Journal of Finance. Autumn 1990.
A Cyclical Analysis of Key U.
S. Financial Aggregates During a Period of Macroeconomic Stability:
1953 - 1965 (with K. Smith). Applied Economics. October 1991.
Tests on the Rationality of
Professional Business Forecasters With Changing Forecast Horizons (with
K. Smith and R. Dabbs). Quarterly Journal of Business and Economics.
Individual versus Group Consensus
Forecasts: Relative Accuracy Within a Business Environment (with
K. Smith and A. Kumar). Petroleum Accounting and Financial Management
Journal. Winter 1989.
How Much Does Coming to Class
Matter?: Some Evidence on Class Attendance and Grade Performance.
Educational Research Quarterly, vol. 13, no. 3, 1989.
Velocity and the Variability
of Money Growth: Contrary Evidence Using Granger Causality Tests
(with K. Smith). Journal of Money, Credit, and Banking,
Individual versus Group Spot
Price Forecasting in the International Petroleum Market: A Case Study
(with K. Smith and A. Kumar). Managerial and Decision Economics.
Isolating Periods of Instability
in Expected Money Supply Announcements, 1977 - 1984 (with K. Smith).
Journal of Applied Business Research. May 1988.
Unanticipated Money Supply Announcements
and 'Persistence' in Bank Stock PriceAdjustment (with K. Smith).
Akron Business and Economic Review. Fall 1987.
Biasedness in Expected Money
Stock Announcements. Atlantic Economic Journal. December 1987.
The 1979 Federal Reserve Policy
Shift: Some Evidence Using Causality Tests. Southern Economic
Journal. July 1987.
The 1979 Federal Reserve Policy
Shift: An Analysis Using Variance Decomposition. Atlantic Economic
Journal. December 1986.
Persistence Under Alternative
Forms of the Lucas Supply Function. Quarterly Review of Economics
and Business. Spring 1985. Reviewed in the Selected Abstracts
section of the Journal of Economic Literature, December 1985, p.2145.)
This paper is drawn from the final chapter of my Ph.D. dissertation.
Inflation, the Phillips Curve
and the Illusion of Relative Prices. In Great Ideas in Teaching
Economics, 2nd ed., January 1984 and 3rd ed., March 1987. Edited
by R. Byrns & G. Stone: Scott, Foresman & Co.
How Can We Best Achieve our
Macroeconomic Goals?" Proceedings of the Southwestern Economics
Association. March 1984.
Industrial Technology Transfer
for Regional Development in the Lower Rio Grande Valley/Reynosa Borderlands,"
(with M. Rosenfeldt). Proceedings of the North American Economics
and Finance Association. December 1982, (in conjunction with the
American Economic Association).