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Brooks, Robin - Econometric Society - 2004

This paper explores the quantitative impact of the Baby Boom on stock and bond returns. It constructs a neoclassical growth model with overlapping generations, in which agents make a portfolio decision over risky capital and safe bonds in zero net supply. The model has exogenous technology and...

Persistent link: https://www.econbiz.de/10005328938

Microstructure noise, realized volatility, and optimal sampling

Russell, Jeffrey R.; Bandi, Federico M. - Econometric Society - 2004

Recorded prices are known to diverge from their "efficient" values due to the presence of market microstructure contaminations. The microstructure noise creates a dichotomy in the model-free estimation of integrated volatility. While it is theoretically necessary to sum squared returns that are...

Persistent link: https://www.econbiz.de/10005129773

Liberalization of the postal and delivery sector

Crew, Michael A. (ed.); Kleindorfer, Paul R. (ed.) - Conference on Postal and Delivery Economics <Bern, … - 2006

2009 has raised questions about t he role of regulation, funding for the Universal Service Obligation, the future of …, pricing, efficiency and cost analysis, labor relations, and demand drivers. Examples are drawn from around the world. This …

Persistent link: https://www.econbiz.de/10014474065

Developments in the economics of privatization and regulation

Parker, David (contributor); Crew, Michael A. (contributor) - 2008

wave of privatization, starting in the UK, which made the regulation of monopoly of much greater interest. The discipline …, policymakers and regulators in the study of privatization and regulation …. Littlechild (1983), Regulation of British Telecommunications' Profitability, Report to the Secretary of State, Department of …

Persistent link: https://www.econbiz.de/10011852233

Handbook of worldwide postal reform

Campbell, James I. (contributor); … - 2008

The postal and delivery sector has been the subject of considerable interest in recent years. This Handbook brings together a number of contributions directed at understanding developments in the field of postal reform. The authors review the experience and plans of individual countries to...

Persistent link: https://www.econbiz.de/10011850672

Competition and regulation in the postal and delivery sector

Crew, Michael A. (contributor); … - 2008

pt. 1. Universal service obligation -- pt. 2. Demand -- pt. 3. Pricing under entry -- pt. 4. Regulation -- pt. 5 … the role of regulation, funding the Universal Service Obligation, postal reform in Europe, Asia and North America, the … future of national postal operators, demand and pricing strategies, and the principles that should govern the introduction of …

Persistent link: https://www.econbiz.de/10011851294

International handbook on economic regulation

Parker, David (contributor); Crew, Michael A. (contributor) - 2006

regulation : principles, history and methods / Martin Ricketts -- Regulation, pricing and social welfare / Michael A. Crew and … research issues in the economics of regulation. With contributions from international specialists in economic regulation, the …. This book will be an indispensable source for both students and practitioners of regulation …

Persistent link: https://www.econbiz.de/10011851346