Vol. 81, No. 3
December 1996
Wildcat Banking, Banking Panics, and Free Banking in the United States
Gerald P. Dwyer Jr.
Free banking in the United States sometimes has been equated with wildcat banking, a name that suggests that opening a bank has much in common with drilling an oil well.
Options and Volatility
Peter A. Abken and Saikat Nandi
This article gives an overview of different specifications of asset price volatility that are widely used in option pricing models.