Similar Search Results

Why did the average duration of unemployment become so much longer?

Mukoyama, Toshihiko (contributor); … - 2004 - [Elektronische Ressource]

"This paper examines the causes of the observed increase in the average duration of unemployment over the past thirty … institutional changes can only partially account for the longer duration of unemployment. We construct a job search model and … calibrate it to U.S. data. The results indicate that more than 70 percent of the increase in the duration of unemployment over …

Persistent link: https://www.econbiz.de/10002521759

Why use debit instead of credit? : consumer choice in a trillion-dollar market

Zinman, Jonathan (contributor) - 2004 - [Elektronische Ressource]

Debit cards are overtaking credit cards as the most prevalent form of electronic payment at the point of sale, yet the determinants of a ubiquitous consumer choice - "debit or credit?" - have received relatively little scrutiny. Several stylized facts suggest that debit-card use is driven by...

Persistent link: https://www.econbiz.de/10002521756

The incentive effects of higher education subsidies on student effort

Şahin, Ayşegül (contributor) - 2004 - [Elektronische Ressource]

"This paper uses a game-theoretic model to analyze the disincentive effects of low-tuition policies on student effort. The model of parent and student responses to tuition subsidies is then calibrated using information from the National Longitudinal Survey of Youth 1979 and the High School and...

Persistent link: https://www.econbiz.de/10002521757

Forecasting and estimating multiple change-point models with an unknown number of change points

Koop, Gary M. (contributor); Potter, Simon M. (contributor) - 2004 - [Elektronische Ressource]

"This paper develops a new approach to change-point modeling that allows for an unknown number of change points in the observed sample. Our model assumes that regime durations have a Poisson distribution. The model approximately nests the two most common approaches: the time-varying parameter...

Persistent link: https://www.econbiz.de/10002521761

Diversification in banking is noninterest income the answer?

Stiroh, Kevin J. (contributor) - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001726726

Inventory dynamics and business cycles : what has changed?

McCarthy, Jonathan P. (contributor); … - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001726735

The role of bank advisors in mergers and acquisitions

Allen, Linda (contributor) - 2002 - [Elektronische Ressource]

"This paper looks at the role of both commercial and investment banks in providing merger advisory services. In this area, unlike some areas of investment banking, commercial banks have always been allowed to compete directly with investment banks. In their dual role as lenders and advisors to...

Persistent link: https://www.econbiz.de/10001656388

Open market operations : a report prepared for the Federal Open Market Committee by the Markets Group of the Federal Reserve Bank of New York

Federal Reserve Bank of New York / Markets Group; … - New York, NY : [Verlag nicht ermittelbar] - Nachgewiesen 1996 -

Persistent link: https://www.econbiz.de/10001694115

Common determinants of bond and stock market liquidity : the impact of financial crises, monetary policy, and mutual fund flows

Chordia, Tarun (contributor); Sarkar, Asani (contributor); … - 2001 - [Elektronische Ressource]

We study common determinants of daily bid-ask spreads and trading volume for the bond and stock markets over the 1991-98 period. We find that spread changes in one market are affected by lagged spread and volume changes in both markets. Further, spread and volume changes are predictable to a...

Persistent link: https://www.econbiz.de/10001629622

Is equipment price deflation a statistical artifact?

Hobijn, Bart (contributor) - 2001 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001629628