Anzeige der Dokumente 161-180 von 777

    • Survey_HMS_2003 

      Unbekannter Autor
      In view of this relation, tests of the Laplace distribution against the GED based on fitting unconditional distributions are thus expected to produce misleading results, because the kurtosis due to non–normality of the ...
    • Survey_HMMS_2007 

      Unbekannter Autor
      Specifically, we derive an optimal endogenous gradual annuitization strategy and asset allocation pattern for a risk-averse retiree facing stochastic lifetime and endowed with pension income. Our welfare analysis indicates ...
    • Survey_HMM_2005 

      Unbekannter Autor
      The majority of the intra-ERM derivatives trading is in the over-the-counter markets, and the data is not generally available to non-traders. The best publicly available data are for US dollar (US$) exchange rates which ...
    • Survey_HM_2003 

      Unbekannter Autor
      The model we employ is the standard New Keynesian model of monopolistic competition and (Calvo 1983) price stickiness. This model has been employed in numerous recent studies of monetary policy, see e.g. (Clarida, Gali, ...
    • Survey_HL_2006 

      Unbekannter Autor
      We focus on a kernel estimator originally proposed by Zhou (1996) that incorporates the first-order autocovariance. A similar estimator was applied to daily return series by French, Schwert, and Stambaugh (1987). Our use ...
    • Survey_HKLRW_2020 

      Unbekannter Autor
      We randomly assign subjects to one of two main incentive conditions. In the flat condition, subjects receive a fixed fee as a reward for participating in the experiment. The fixed participation fee is 12 euro for subjects ...
    • Survey_HK_2019 

      Unbekannter Autor
      We build a simulated model of network dynamics and limited information. We remove the possibility of fake news from the model and demonstrate that, given the search and matching facility that social media o§er for connecting ...
    • Survey_HK_2012 

      Unbekannter Autor
      We recruited 25 adolescents (aged 12–17 years) in Helsinki, Finland, in spring 2009, by announcing an invitation to participate in an experiment that concerns music and attitude towards monetary gains and losses. Participants ...
    • Survey_Hirsch_2006 

      Unbekannter Autor
      We consider a market of many venture capitalists (VCs) looking for profitable investment opportunities and some entrepreneurs (Es) with innovative ideas but without financial resources. Therefore, each E has to convince a ...
    • Survey_HHJ_2009 

      Unbekannter Autor
      The primary data set we are using in this study is administrative information from a large German discount brokerage firm. It covers the investments of 32,751 randomly selected individual customers who opened an account ...
    • Survey_HH_2015 

      Unbekannter Autor
      We employ the log returns of the DAX, S&P 500, and FTSE 100 indexes through the sample period from January 2, 1992 to December 31, 2012, covering 4,884 trading days. Our first application is based on a bivariate model for ...
    • Survey_GSW_2005 

      Unbekannter Autor
      The real-time data sets used in these studies are restricted to real output (GNP/GDP) and industrial production, respectively. To go one step further, we have compiled additional real-time data sets for potential output, ...
    • Survey_Gsell_2008 

      Unbekannter Autor
      The model used to generate the underlying order flow for this research is based on the one developed by Chiarella & Iori (2002, 2004). However, adaptations have been made to the model. There are two distinct types of traders ...
    • Survey_GRW_2003 

      Unbekannter Autor
      We develop a model that captures the essential characteristics of a universal bank. In order to reduce the complexity of the model its focus is limited to interest rate products either belonging to the banking book or to ...
    • Survey_Grandell_1959 

      Unbekannter Autor
      N/A
    • Survey_Graham_1996 

      Unbekannter Autor
      The data are gathered from all three annual Compustat tapes: Full-Coverage, Primary, Secondary, Tertiary, and Research. These files contain information from 1973 through 1994, although this paper focuses on tax rates ...
    • Survey_GP_2004 

      Unbekannter Autor
      The objective of this article is to reassess the empirical validity of the consumer sentiment indices in anticipating the evolution of economic activity by considering eight countries – Australia, Canada, France, Germany, ...
    • Survey_GM_2011 

      Unbekannter Autor
      "Next we review the behavior of the federal funds rate and the yield on 10-year Treasury Inflation-Protected Securities (TIPS) in the US before the crisis. We use data between January 1999, when the TIPS data begins, and ...
    • Survey_GM_2006 

      Unbekannter Autor
      Our model has two dates. At date 1, the agent makes a decision under risk. Once the decision has been made, he forms subjective beliefs about the final outcome. These subjective beliefs can diger from the objective probability ...
    • Survey_GK_2015 

      Unbekannter Autor
      We start by proposing the simplest possible model for the exchange rate under floating. Let denote the logarithm of the USD/Sterling exchange rate and the relative price level between the US and the UK. These variable are ...