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Publications of James E. Pesando
2008
James E. Pesando and Pauline Shum, "The Auction Market for Modern Prints: Confirmations, Contradictions, and New Puzzles", Economic Inquiry 46 (2008), 149–159.
2007
James E. Pesando and Pauline Shum, "Investing in Art: A Cautionary Tale", Journal of Wealth Management 9 (4) (2007), 80–87.
James E. Pesando and Pauline Shum, "The Law of One Price, Noise and 'Irrational Exuberance': The Auction Market for Picasso Prints", Journal of Cultural Economics 31 (4) (2007), 263–277.
2001
James E. Pesando, "The Canada Pension Plan: Looking Back at Recent Reforms", in The State of Economics in Canada, Festschrift in Honour of David Slater (edited by Patrick Grady and Andrew Sharpe), McGill-Queen's University Press, 2001, 137–150.
James E. Pesando and John A. Turner, "Risk Bearing in Individual and Occupational Pension Plans", in Pay at Risk: Compensation and Employment Risk in the United States and Canada (edited by John A. Turner), W.E. Upjohn Institute, Kalamzoo, 2001, 131–160.
2000
Morley K. Gunderson, Douglas Hyatt, James E. Pesando, "Public Pension Plans in the United States and Canada", in Employee Benefits and Labor Markets in Canada and the United States (edited by W. Alpert and S. Woodbury), The Upjohn Institute, Kalamazo, MI, 2000, 381–412.
James E. Pesando and John A. Turner, "Labor Market Effects of Canadian and U.S. Pension Tax Policy", in Employee Benefits and Labor Markets in Canada and the United States (edited by W. Alpert and S. Woodbury), The Upjohn Institute, Kalamazoo, 2000.
1999
James E. Pesando and Pauline Shum, "The Returns to Picasso's Prints and To Traditional Financial Assets", Journal of Cultural Economics 23 (3) (1999), 183–192.
1996
Douglas Hyatt and James E. Pesando, "Do Employees Actually Bear the Investment Risk in Defined Benefit Pension Plans?", Canadian Labour and Employment Law Journal 5 (1996), 125–138.
Douglas Hyatt and James E. Pesando, "The Distribution of Investment Risk in Defined Benefit Plans: A Reconsideration", Industrial Relations 51 (1) (1996), 136–155.
James E. Pesando, "The Government's Role in Insuring Pensions", in Securing Employer-Based Pensions: An International Perspective (edited by Z. Bodie, O.S. Mitchell and J. Turner), University of Pennsylvania Press, Philadelphia, 1996.
James E. Pesando and Pauline Shum, "Price Anomalies at Auction: Evidence from the Market for Modern Prints", in Economics of the Arts (edited by V. Ginsburgh and P.M. Menger), North-Holland, Amsterdam, 1996, 113–134.
1994
James E. Pesando, "Policy Issues: The Pension Crisis", in The Impact of an Aging Population on Society (edited by J.S. Frideres and C.J. Bruce), The University of Calgary, Calgary, 1994, 135–144.
1993
James E. Pesando, "Art as an Investment: The Market for Modern Prints", American Economic Review 83 (5) (1993), 1075–1089.
1992
Morley K. Gunderson, Douglas Hyatt, James E. Pesando, "Early Retirement Pensions and Employee Turnover: An Application of the Option Value Approach", Research in Labor Economics 13 (1992), 321–337.
Morley K. Gunderson, Douglas Hyatt, James E. Pesando, "Wage-Pension Trade-offs in Collective Agreements", Industrial and Labor Relations Review 46 (1) (1992), 146–160.
Morley K. Gunderson, James E. Pesando, Pauline Shum, "Incentive and Redistributive Effects of Private-Sector Union Pension Plans in Canada", in Labor Market Institutions and the Future Role of Unions (edited by Mario F. Bognanno and Morris M. Kleiner), Blackwell, Cambridge, Mass, 1992, 179–194.
Morley K. Gunderson, James E. Pesando, Pauline Shum, "Work Incentive and Redistributive Effects of Union Pension Plans in Canada", Industrial Relations 31 (1) (1992), 179–194.
Arthur J. Hosios and James E. Pesando, "Monitoring Price Behaviour in the Resale Housing Market: A Note on Measurement and Implications for Policy", Canadian Public Policy XVIII (1) (1992), 57–61.
James E. Pesando, "The Economic Effects of Private Pensions", in Private Pensions and Public Policy (edited by Elizabeth Duskin), Org. for Economic Co-operation and Dev., Paris, 1992.
1991
Morley K. Gunderson, J. McLaren, James E. Pesando, "Pension Benefits and Male-Female Wage Differentials", Canadian Journal of Economics XXIV (3) (1991), 536–550.
Morley K. Gunderson and James E. Pesando, "Does Pension Wealth Peak at the Age of Early Retirement? Canadian Evidence.", Industrial Relations 30 (1) (1991), 79–95.
Arthur J. Hosios and James E. Pesando, "Measuring Prices in Resale Housing Markets in Canada: Evidence and Implications", Journal of Housing Economics I (1991), 303–317.
Jack Mintz and James E. Pesando, "Wealth Taxation in Canada: An Introduction", Canadian Public Policy XVII (3) (1991), 227–236.
1988
Morley K. Gunderson and James E. Pesando, "Pension and Retirement Issues Pertaining to Equal Pay for Work of Equal Value", Ottawa: Human Rights Commission, 1988.
Morley K. Gunderson and James E. Pesando, "Retirement Incentives Contained in Occupational Pension Plans and Their Implications for the Mandatory Retirement Debate", Canadian Journal of Economics XXI (2) (1988), 244–264.
Morley K. Gunderson and James E. Pesando, "The Economic Case for Allowing Mandatory Retirement", Canadian Public Policy XIV (1) (1988), 32–39.
James E. Pesando and A. Plourde, "The October 1979 Change in the U.S. Monetary Regime: Its Impact on the 'Forecastability' of Canadian Interest Rates", Journal of Finance 43 (1) (1988), 217–239.
1987
Richard Deaves, Angelo Melino, James E. Pesando, "The Response of Interest Rates to the Federal Reserve's Weekly Money Announcements: The 'Puzzle' of Anticipated Money", Journal of Monetary Economics 19 (3) (1987), 393–404.
James E. Pesando, "Discontinuities in Pension Benefit Formulas and the Spot Model of the Labour Market: Implications for Financial Economists", Economic Inquiry XXV (2) (1987), 215–238.
1986
James E. Pesando, "The Wyman Report on Deposit Insurance: An Economist's Perspective", Canadian Business Law Journal 11 (2) (1986), 105–120.
1985
James E. Pesando, "Government Responses to the Regulatory Challenge: The Interim Report of the Ontario Task Force and the Federal Green Paper", in Canadian Financial Institutions: Changing the Regulatory Environment (edited by D. Conklin, L. Waverman and J. Ziegel), Ontario Economic Council, Toronto, 1985.
James E. Pesando, "The Usefulness of the Wind-Up Measures of Pension Liabilities: A Labor Market Perspective", Journal of Finance 40 (3) (1985), 927–940.
James E. Pesando and Stuart M. Turnbull, "Mortgage Rate Insurance and the Canadian Mortgage Market: Some Further Reflections", Canadian Public Policy XI (1) (1985), 115–117.
James E. Pesando and Stuart M. Turnbull, "The Time Path of Homeowner's Equity under Alternative Mortgage Instruments: A Simulation Study", Housing Finance Review 4 (1) (1985), 483–504.
1984
James E. Pesando, "An Economic Analysis of the Green Paper Proposals for the Reform of Employer-Sponsored Plans", in Pensions Today and Tomorrow: Background Studies (edited by J.H. Bennett, D.W. Conklin and T.J. Coucherne), Ontario Economic Council, Toronto, 1984.
James E. Pesando, "Employee Valuation of Pension Claims and the Impact of Indexing Initiatives", Economic Inquiry XXII (1) (1984), 1–17.
James E. Pesando, "Valuing Pensions (Annuities) with Different Types of Inflation Protection in Total Compensation Comparisons", Canadian Journal of Economics XVII (3) (1984), 569–587.
1983
Zvi Bodie and James E. Pesando, "Retirement Annuity Design in an Inflationary Climate", in Financial Aspects of the U.S. Pension System (edited by Z. Bodie and J. Shoven), University of Chicago Press, for Nat. Bureau of Eco Research, Chicago, 1983.
K. Clarke and James E. Pesando, "Economic Models of the Labour Market and Pension Accounting: An Exploratory Analysis", Accounting Review LVII (4) (1983), 733–748.
James E. Pesando, "On Expectations, Term Premiums and the Volatility of Long-Term Interest Rates", Journal of Monetary Economics 12 (3) (1983), 467–474.
1982
Morley K. Gunderson and James E. Pesando, "Extending the Age of Employment Protection: Labour Market, Collective Bargaining and Industrial Relations Issues", Toronto: Ontario Manpower Commission, 1982.
Morley K. Gunderson and James E. Pesando, "Extending the Age of Employment Protection: Pension Issues", Toronto: Ontario Manpower Commission, 1982.
James E. Pesando, "Investment Risk, Bankruptcy Risk and Pension Reform in Canada", Journal of Finance 37 (3) (1982), 341–349.
1981
James E. Pesando, "On Forecasting Interest Rates: An Efficient Markets Perspective", Journal of Monetary Economics 8 (3) (1981), 305–318.
1980
Morley K. Gunderson and James E. Pesando, "Eliminating Mandatory Retirement: Economic and Human Rights", Canadian Public Policy VI (2) (1980), 352–360.
James E. Pesando, "Financial Market Behavior, Capital Formation, and Economic Performance: Discussion of Friedman and Roley", Journal of Money, Credit and Banking XII (2) (1980), 373–376.
James E. Pesando, "On Forecasting Long-term Interest Rates: Is the Success of the No-Change Prediction Surprising?", Journal of Finance XXXV (4) (1980), 1045–1047.
1979
James E. Pesando, "Indexing Private Pensions: An Exchange", Canadian Public Policy V (3) (1979), 425–429.
James E. Pesando, "On the Random Walk Characteristics of Short- and Long-term Interest Rates in an Efficient Market", Journal of Money, Credit and Banking XI (4) (1979), 457–466.
James E. Pesando, Private Pension Plans in an Inflationary Climate: Limitations and Policy Alternatives, Economic Council of Canada, Ottawa, 1979.
James E. Pesando, The Elimination of Mandatory Retirement: An Economic Perspective, Ont. Economic Council, Discussion Paper, Toronto, 1979.
James E. Pesando, "The Indexing of Private Pensions: An Economist's Perspective on the Current Debate", Canadian Public Policy V (1) (1979), 80–89.
1978
James E. Pesando, "On the Efficiency of the Bond Market: Some Canadian Evidence", Journal of Political Economy 86 (6) (1978), 1057–1076.
James E. Pesando and Lawrence B. Smith, Government in Canadian Capital Markets: Selected Cases, C.D. Howe Research Institute, Montreal, 1978.
1977
David K. Foot, James E. Pesando, John A. Sawyer, J. W. L. Winder, "Ontario's Population and Labour Force", in The Ontario Economy, 1977-87 (edited by D.K. Foot, J.E. Pesando, J.A. Sawyer and J.W.L. Winder), Ontario Economic Council, Toronto, 1977, 89–152.
David K. Foot, James E. Pesando, John A. Sawyer, J. W. L. Winder, "The National Economy", in The Ontario Economy, 1977-87 (edited by D.K. Foot, J.E. Pesando, J.A. Sawyer and J.W.L. Winder), Ontario Economic Council, Toronto, 1977, 17–88.
David K. Foot, James E. Pesando, John A. Sawyer, J. W. L. Winder, The Ontario Economy, 1977-87, Ontario Economic Council, Toronto (351 pgs), 1977.
James E. Pesando, The Impact of Inflation on Financial Markets in Canada, C.D. Howe Research Institute, Montreal, 1977.
James E. Pesando and Sam Rea, Public and Private Pensions in Canada: An Econmic Analysis, Univ of Toronto Press (Ont Econ Council), Toronto, 1977.
James E. Pesando and Adonis Yatchew, "Real vs. Nominal Interest Rates and the Demand for Consumer Durables in Canada", Journal of Money, Credit and Banking IX (3) (1977), 428–436.
1976
Jack L. Carr, James E. Pesando, Lawrence B. Smith, "Tax Effects, Price Expectations and the Nominal Rate of Interest", Economic Inquiry XIV (3) (1976), 259–269.
James E. Pesando, "Alternative Models of the Determination of Nominal Interest Rates: The Canadian Evidence", Journal of Money, Credit and Banking VIII (2) (1976), 209–218.
James E. Pesando, "Inflation and Guaranteed Formula Pension Plans: An Additional Issue", Canadian Journal of Economics IX (3) (1976), 528–531.
James E. Pesando, "Rational Expectations and Distributed Lag Expectations Proxies", Journal of the American Statistical Association 71 (353) (1976), 36–42.
James E. Pesando and Lawrence B. Smith, "Monetary Targets and Indicators in an Open Economy: Reflections on the Canadian Experience", Banca Nazionale del Lavoro Quarterly Review 116 (1976), 50–63.
1975
James E. Pesando, "A Note on the Rationality of the Livingston Price Expectations", Journal of Political Economy 83 (4) (1975), 849–858.
James E. Pesando, "Determinants of Term Premiums in the Market for United States Treasury Bills", Journal of Finance XXX (5) (1975), 1317–1327.
James E. Pesando, "On the Accuracy and Formation of Life Insurance Company Cash Flow Forecasts", Journal of Business 48 (1) (1975), 20–26.
James E. Pesando, "The Impact of the Conversion Loan on the Term Structure of Interest Rates in Canada: Some Additional Evidence", Canadian Journal of Economics VIII (2) (1975), 281–288.
1974
James E. Pesando, "The Interest Sensitivity of the Flow of Funds Through Life Insurnace Companies: An Econometric Analysis", Journal of Finance XXIX (4) (1974), 1105–1121.
James E. Pesando, "The Money Supply and Common Stock Prices: Further Observations on the Econometric Evidence", Journal of Finance XXIX (3) (1974), 909–921.
1973
James E. Pesando and Lawrence B. Smith, "Monetary Policy in Canada", in Monetary Policy in Twelve Industrial Countries (edited by K. Holbik), Federal Reserve Bank of Boston, Boston, 1973, 70–116.
1972
James E. Pesando, "Seasonal Variability in Distributed Lag Models", Journal of American Statistical Association 67 (338) (1972), 311–312.
1971
James E. Pesando, "The Interest Sensitivity of Canadian Mortgage Flows: A Comment", Canadian Journal of Economics IV (3) (1971), 401–404.
Last updated on November 13, 2023