Stephen A. Buser Professor of Finance Chair for the Department of Finance Associate Dean for Fiscal Affairs At Ohio State since: 1975 Phone: (614) 292-5719 E-mail: Buser.1@osu.edu

EDUCATION

Ph. D.-Boston College, 1974

A. B.-Princeton University

RESEARCH INTERESTS

Professor Buser focuses on finding valid predictors of future interest rates. Currently he is looking at asset valuation analysis, with a particular interest in equities and fixed income securities. Of particular note is his work on the pricing of assets with cyclical cash flows.

PUBLICATIONS

"On the Determinants of the Value of Options on Default-Free Bonds," with P. H. Hendershott , A. B. Sanders , Journal of Business,, 63 (January 1990), pp. 33-50.

"Risk Aversion, Insurance Costs and Optimal Property-Liability Coverages," with M.L. Smith , Journal of Risk and Insurance, LIV (June 1987), pp. 225-245.

"Stocks, Bills, Inflation and the Corporate Capital Structure Decision," with P. J. Hess, Proceedings: CRSP Seminar on the Analysis of Security Prices (May, 1987)

"NASDAQ/NMS Qualification Standards, Ohio Registration Experience and the Price Performance of Iniatial Public Offerings," with K. C. Chan, monograph published by the National Association of Security Dealers, Inc. (April 1987)

"Empirical Determinants of the Relative Yields on Taxable and Tax Exempt Securities," with P. J. Hess, Journal of Financial Economics, 17 (December 1986), pp. 335-355.

EDITORIAL RESPONSIBILITIES

Former Co-Editor, Journal of Finance

Associate Editor, Journal of Housing Research, and Housing Policy Debate

Former Associate Editor, American Real Estate and Urban Economics Association Journal.

Manuscript referee for the Journal of Financial Economics, the Journal of Financial and Quatitative Analysis, the Journal of Business, the Journal of Money Credit and Banking, the Housing Finance Review, Financia Management, the Financial Review, the Journal of Financial Research, the Management Science, the Journal of Economics and Business, and the Journal of Macroeconomics.

COURSES TAUGHT

Business Finance 724 -- Stock Market

Last updated December 1998.