A nationally-recognized bond scholar, Mark I. Weinstein, is
scheduled to lead two academic financial workshops for testing
theoretical models Thursday and Friday afternoon on the University
of Oklahoma campus in Norman.
Weinstein, a visiting associate professor of finance at the
University of California at Los Angeles on leave from the University
of Southern California, is best known for his work studying bonds,
according to Gary W. Emery, director of the Finance Department at
Weinstein earned his reputation by publishing highly regarded
papers on the effect of a rating change on a bond's price, the
seasoning of bonds, the systematic risk of corporate bonds, the use
of the option pricing model to examine bonds' systematic risk and
how bond risks vary with risks in the economy, Emery said.
A tutorial on the econometric issues used to test theoretical
models to explain common stocks' rates of return is scheduled for 3
p.m. to 5 p.m. Thursday in Room 355 of Adams Hall. The material is
part of a doctoral seminar Weinstein teaches at UCLA and USC and
examines the statistical problems encountered when setting up a
study of this nature, Emery said.
Between 1:30 p.m. and 3:30 p.m. Friday, Weinstein is scheduled
to present a paper he co-authored with Jay Shanken of the University
of Rochester titled "Macroeconomic Variables and Asset Pricing:
Estimation and Tests."
Faculty from Oklahoma State University, the University of Tulsa
and the University of Arkansas are scheduled to attend this seminar,
to be held in Room 104 of Adams Hall. Copies of the paper will be
The paper has been presented at the University of California at
Berkley, the University of British Columbia, Columbia University and
Yale University and at the 1986 Western Finance Association meeting.
This is the latest in a series of distinguished scholars'
seminars begun in 1983 using a gift by Fred. E. Brown, an alumnus
of OU and the chairman of J&W Seligman and Co., a Wall Street
investment firm. . .
- A two-day symposium on consumer, commercial and banking law
is set for Dec. 1 and 2 in Oklahoma City by the University of
Oklahoma department of continuing legal education.
The symposium features law practitioners and professors,
bringing together representatives from the OU College of Law,
Oklahoma City University College of Law, Conference on Consumer
Finance Law and the Community Bankers Association of Oklahoma.
The symposium runs from 8 a.m. to 5 p.m. Dec. 1 and from 8:30
a.m. to 3:30 p.m. Dec. 2 at the Embassy Suites Hotel, 1815 S.
Meridian. Tuition, which includes written materials and the
continental breakfasts, is $200 at the door or $175 if the
participant pre-registers. Participants earn 14. …