Working Paper
Information and voting power in the proxy process
Jefferis, Richard H.; Bhagat, Sanjai (1990)
We document shareholder support for wealth-decreasing changes in corporate governance in the form of antitakeover charter amendments. the enactment of these amendments is shown to be related to ownership structure. This gives rise to a sample selection bias that contaminates traditional event-study results and explains the discrepancy between our findings and those reported in previous studies. We also provide evidence that strategic behavior by managers plays a role in the adoption of these amendments.
Working Papers (Old Series) , Paper 9011

Journal Article
Expectations and the core rate of inflation
Jefferis, Richard H. (1990-10)
A comparison of actual inflation rates with expected inflation rates generated by a wide variety of econometric models, concluding that expected inflation may serve as an effective guide to monetary policy.
Economic Review , Volume 26 , Issue Q IV

Journal Article
The high-yield debt market: 1980-1990
Jefferis, Richard H. (1990-04)
A review of the growth of the junk bond market, the trends that contributed to its expansion, and the impact of recent events on its viability.
Economic Commentary , Issue Apr