Research

Current Work In Progress

  • Doshi, H., Kumar, P. and Rabinovitch, R., "To Hedge or not to Hedge! That is the Question."

Published Papers

  • Doshi, H., Jacobs, K., Kumar, P. and Rabinovitch, R., (2019), "Leverage and the Cross-Section of Equity
         Returns," The Journal of Finance, 74, 1431-1471.
  • Kumar, P, and Rabinovitch, R., (2013), "CEO Entrenchment and Corporate Hedging: Evidence From the Oil
         and Gas Industry," Journal of Financial and Quantitative Analysis, 48, 887-917.
  • Rabinovitch, R., Silva, C. A. and Susmel, R., (2003), “Returns on ADRs and Arbitrage in Emerging
         Markets," Emerging Markets Review, 4, 225-247.
         This paper won the Emerging Markets Review’s 2003 Best Paper Award.
  • Hochberg, Y. and Rabinovitch, R., (2000), "Ranking by Pairwise Comparisons with Special Reference to 
         Ordering Portfolios," American Journal of Mathematical and Management Sciences, 20, 231-253.
  • Owen, J. and Rabinovitch, R., (1999), "Ranking Portfolio Performance by a Joint Means and Variances
         Equality Test," Journal of Applied Economics, 2, 97-130.
  • Brinkmann, J. and Rabinovitch, R., (1995), "Regional Limitations on the Effectiveness of Natural Gas
         Futures," Journal of Energy, 16, 113-124.
  • Rabinovitch, R., Singer, F. R. and Venkatesh, P. C., (1993), "The Term Structure and Call Option Valuation,"
         The International Journal of Finance, 5, 426-440.
  • Rabinovitch, R., (1992), "La teoría de los futuros: mercados, participantes y estrategias operativas de
         gestión del riesgo, " Información Commercial Española, 13-30.
  • Rabinovitch, R. and Tamir, A., (1992), "Maximizing the Sum of Node Distances to a Tree Shaped Facility of
         A Given Length in a Tree Network," Networks, 22, 515-522.
  • Rabinovitch, R., (1989), "Pricing Stock and Bond Options when the Default‑Free Rate is Stochastic,"
         Journal of Financial and Quantitative Analysis, 24, 447-457.
  • Rabinovitch, R., (1989), "The Valuation of Options Embedded in Government Agricultural Loans,"
         The International Journal of Finance, 2, 30-49.
  • Hochman, S. and Rabinovitch, R., (1984), "Financial Leasing under Inflation," Financial Management, 13,
         17-26.
  • Gaver, M. K. and Rabinovitch, R., (1983), "Evaluating Random Choice Models Using Multivariate
         Correlation Analysis," Communications in Statistics, Al 2, 1901-1940.
  • Levikson, B. Z. and Rabinovitch, R., (1983), "Optimal Consumption‑Saving Decisions with Uncertain but
         Dependent Incomes," International Economic Review, 24, 341-360.
  • Owen, J. and Rabinovitch, R., (1983), "On the Class of Elliptical Distributions and their Applications to the
         Theory of Portfolio Choice," The Journal of Finance, 38, 745-752.
  • Owen, J. and Rabinovitch, R., (1980), "The Cost of Information and Equilibrium in the Capital Asset Market,"
         Journal of Financial and Quantitative Analysis, 15, 497-508.
  • Kalay, A. and Rabinovitch, R., (1978), "On Individual Loans' Pricing, Credit Rationing and Interest Rate
         Regulation," The Journal of Finance, 33, 1071-1085.
  • Rabinovitch, R. and Owen, J., (1978), "Non Homogeneous Expectations and Information in the Capital Asset
         Market," The Journal of Finance, 33, 575-587.
  • Rabinovitch, R. and Tamir, A., (1977), "A Note on Minch's Partitioning Technique," Operations Research
         Quarterly    , 28, 593-594.
  • Rabinovitch, R. and Swary, I., (1976), "On the Theory of Bargaining, Strikes and Wage, Determination under
         Uncertainty," Canadian Journal of Economics, 9, 668-684.

Books

Rabinovitch, R., (1995), Managerial Economics Theory and Its Applications, Blackwell Publishing Company.

Conferences

As part of my research I have actively participated in numerous conferences. I have presented papers, chaired sessions and discussed papers in meetings of: The American Finance Association; The Western Finance Association; The Eastern Finance Association; The Southern Finance Association; The European Finance Association; The Financial Management Association; The National TIMS/ORSA; The International TIMS/ORSA; The American Econometric Society.