PUBLICATIONS (Refereed Journals)
“The Effect of Auctions on Daily Treasury-bill Volatility,” Michael P. Hughes, Stanley D. Smith, and Drew B. Winters, Quarterly Review of Economics and Finance, forthcoming.
"One-Month LIBOR Derivatives,” Christopher J. Neely and Drew B. Winters, Journal of Derivatives, forthcoming, Spring 2006.
“Quarter-end Effects in Banks: Preferred Habitat or Window Dressing?, Vladimir Kotomin and Drew B. Winters, Journal of Financial Services Research, forthcoming.
“Y2K: Is There a Lesson in the Bug that Did Not Bite?” Ernest W. King and Drew B. Winters, Managerial Finance, forthcoming 2007.
“What is the Source of Different Levels of Time-Series Return Volatility? The Intraday U-Shaped Pattern or Time-Series Persistence,” Michael P. Hughes and Drew B. Winters, Journal of Economics and Finance, forthcoming.
“Reasonable P&T Research Hurdle Rates in Finance,” Mark D. Griffiths and Drew B. Winters, Journal of Financial Education, Winter 2005.
“The Year-End Price of Risk in a Market for Liquidity,” Mark D. Griffiths and Drew B. Winters, Journal of Investment Management, 2005, 3:1, 99-109.pdf
“The Turn-of-the-Year in Money Markets: Tests of the Risk-Shifting Window Dressing and Preferred Habitat Hypotheses,” Mark D. Griffiths, and Drew B. Winters, Journal of Business, July 2005, 78:4.
Abstracted in Global Vistas.
“Intraday Volatility in the 24-Hour Euro-Dollar Market: Implications for the Intraday U-Shaped Pattern,” Ken B. Cyree, Mark D. Griffiths and Drew B. Winters, Quarterly Review of Economics and Finance, 2004,Vol 44:1, 44-57. pdf
“How Banks can Self-Monitor their Lending to Comply with the Equal Credit Opportunity Act,” James H. Gilkeson, Drew B. Winters, and Peggy D. Dwyer, St. Louis Federal Reserve Bank Review, 2003, September/October, 7-21. pdf
“On the Pervasive Effect of Federal Reserve Settlement Regulations” Ken B. Cyree, Mark D. Griffiths and Drew B. Winters, St. Louis Federal Reserve Bank Review, March/April 2003, 27-46. pdf
“An Intraday Examination of the Federal Funds Market: Implications for the Theories of the Reverse-J Pattern,” Ken B. Cyree and Drew B. Winters, Journal of Business, 2001, Vol 74:4, 535-556. pdf
“Tests of the Federal Funds Market: A Classic Application of GARCH-M,” Ken B. Cyree and Drew B. Winters, Journal of Financial Research, 2001, Vol. 24:3, 403-418. pdf
“Local Lending Markets: What a Small Business Owner/Manager Needs to Know,” David W. Blackwell and Drew B. Winters, Quarterly Journal of Business and Economics, 2000, Vol 39:2, 62-79. pdf
"An Examination of the 1992 Increase in the Allowable Carryover of Reserves in the Bank Settlement Process," Mark D. Griffiths and Drew B. Winters, Financial Review, 2000, Vol 35:1, 67-84. pdf
“Delayed reaction in stocks with the characteristics of past winners: Implications for momentum, value, and institutional following,” Steven L. Jones and Drew B. Winters, Quarterly Journal of Business and Economics, 1999, Vol. 38:3, 21-40. pdf
"The Value of Auditor Assurance: Evidence from Loan Pricing," David W. Blackwell, Thomas Noland and Drew B. Winters, Journal of Accounting Research, 1998,Vol.36:1. 153-166. pdf
This paper received the January 2000 award for the outstanding contribution to the auditing literature over the past five years from Auditing Section of the American Accounting Association.
“A Profitable Trading Rule for Net Borrowers on Settlement Wednesday,” Craig R. Brown, Mark D. Griffiths, Wayne E. Hansen and Drew B. Winters, Quarterly Review of Economics and Finance, 1999, Vol. 39:1, 129-146. pdf
"On a Preferred Habitat for Liquidity at the Turn-of-the-Year: Evidence from the Term Repo Market," Mark D. Griffiths and Drew B. Winters, Journal of Financial Services Research, Volume 12:1, August 1997. pdf
"The Effects of Federal Reserve Accounting Rules on the Equilibrium Level of Overnight Repo Rates," Mark D. Griffiths and Drew B. Winters, Journal of Business Finance and Accounting, Volume 24:6, July 1997. pdf
"Banking Relationships and the Effect of Monitoring on Loan Pricing," David W. Blackwell and Drew B. Winters, Journal of Financial Research, Summer 1997. pdf
"The Market Value of Debt, Market vs. Book Value of Debt, and Returns to Assets," Richard J. Sweeney, Arthur D. Warga and Drew B. Winters, Financial Management, Spring 1997. pdf
"A Note on the Use of Debt by Venture Capital Backed Firms," Rick H. Mull and Drew B. Winters, Journal of Entrepreneurial and Small Business Finance, 1996,Vol. 5:3, 287-293.
"The Relationship between the Federal Funds Cash and Futures Markets," Mark D. Griffiths and Drew B. Winters, Journal of Financial Research, Fall 1996. pdf
“The Benefits for Banks of Selling and Underwriting Insurance: An Empirical Examination of the Delaware Law,” Craig R. Brown and Drew B. Winters, Studies in Economics and Finance, Fall 1996.
"IPOs, Public Market Access and Firm Capital Structure," Rick H. Mull and Drew B. Winters, Journal of Economics and Finance, 1996 supplemental issue, Volume 20,4. pdf
"Day-of-the-Week Effects in Federal Funds Rates: Further Empirical Findings," Mark D. Griffiths and Drew B. Winters, Journal of Banking and Finance, 1995. pdf
"Does the Industry Effect Exist for Leveraged Buyouts," Brent W. Ambrose and Drew B. Winters, Financial Management, Spring 1992. pdf