Search Results - subject:"Premia"

Arnott, Robert D.; Li, Feifei; Linnainmaa, Juhani - In: Financial analysts journal : FAJ 80 (2024) 2, pp. 26-51

Persistent link: https://www.econbiz.de/10014576170

Retake Opportunities, Pass Probabilities, and Preparation for Exams

Bertola, Giuseppe - 2024

Additional retake opportunities generally increase the probability of eventually passing a given threshold at given competence, and decrease preparation for exams. Preparation work performed before the first attempt may increase only for very weak students, and may decline so much as to decrease...

Persistent link: https://www.econbiz.de/10014534417

Macroeconomic drivers of inflation expectations and inflation risk premia

Boeckx, Jef; Iania, Leonardo; Wauters, Joris - 2024

We propose a new model to decompose inflation swaps into genuine inflation expectations and risk premiums. We develop a no-arbitrage term structure model with stochastic endpoints, separating macroeconomic variables into transitory parts and long-run, economically grounded determinants, such as...

Persistent link: https://www.econbiz.de/10014550245

Real term premia in consumption-based models

Melissinos, Errikos - 2024

Can consumption-based mechanisms generate positive and time-varying real term premia as we see in the data? I show that …. The latter explanation has not been analysed before with respect to real term premia, and it relies on a small group of … premia. In relation to preferences, I consider models with both time-separable and recursive utility functions. Specifically …

Persistent link: https://www.econbiz.de/10014449147

Careers in multinational enterprises

Roesch, Marcus; Gerritse, Michiel; Karreman, Bas - 2024

Dutch labor market over the years 2006-2021 and find large and portable wage premia of MNE employment experience. Workers …

Persistent link: https://www.econbiz.de/10014469486

The transmission of bank liquidity shocks: Evidence from the Eurosystem collateral framework

Hüttl, Pia; Kaldorf, Matthias - 2024

How does a shock to the liquidity of bank assets affect credit supply, cross-border lending, and real activity at the firm level? We exploit that, in 2007, the European Central Bank replaced national collateral frameworks by a single list. This collateral framework shock added loans to...