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When is inter-transaction time informative?
Furfine, Craig H. (contributor) - 2003 - [Elektronische Ressource]
"We investigate the information content of inter- transaction time and find that it varies both across stocks and over … time. On average, inter-transaction time is found to be informative whenever stocks are sufficiently traded. The magnitude …- transaction time is negatively correlated with proxies for the amount of private information in the trading of a particular stock …
Persistent link: https://www.econbiz.de/10001761370
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Payments system risk issues in a global economy
Baer, Herbert L.; Evanoff, Douglas D. - Federal Reserve Bank of Chicago - 1990
Persistent link: https://www.econbiz.de/10005724791
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Some empirical evidence on the effects of monetary policy shocks on exchange rates
Eichenbaum, Martin; Evans, Charles - Federal Reserve Bank of Chicago - 1992
Persistent link: https://www.econbiz.de/10005519115
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The implications of first-order risk aversion for asset market risk premiums
Bekaert, Geert; Hodrick, Robert J.; Marshall, David A. - Federal Reserve Bank of Chicago - 1994
Persistent link: https://www.econbiz.de/10005410921
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Continuous linked settlement
David L. Roscoe, III - Federal Reserve Bank of Chicago - 1998
Persistent link: https://www.econbiz.de/10010724604
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Banking and currency crises and systemic risk: a taxonomy and review
Kaufman, George G. - Federal Reserve Bank of Chicago - 1999
Many countries have experienced banking and currency crises in recent years. Although these crises appear to share many common causes and consequences, they have generally been analysed by different sets of economists. This paper develops a common framework, applies this framework to analysing...
Persistent link: https://www.econbiz.de/10005726282
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Evidence on structural instability in macroeconomic times series relations
Stock, James H.; Watson, Mark W. - Federal Reserve Bank of Chicago - 1994
Persistent link: https://www.econbiz.de/10005724340
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Money, prices, interest rates and the business cycle
King, Robert G.; Watson, Mark W. - Federal Reserve Bank of Chicago - 1995
Persistent link: https://www.econbiz.de/10005724351
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Comment on "Letting different views about business cycles compete"
Fisher, Jonas D. M. - Federal Reserve Bank of Chicago - 2009
This comment explains why the findings presented in Beaudry and Lucke (2009) are misleading.
Persistent link: https://www.econbiz.de/10008489278
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Macroeconomic implications of agglomeration
Davis, Morris A.; Fisher, Jonas D. M.; Whited, Toni M. - Federal Reserve Bank of Chicago - 2010
The authors construct a dynamic general equilibrium model of cities and use it to estimate the effect of local agglomeration on per capita consumption growth. Agglomeration affects growth through the density of economic activity: higher production per unit of land raises local productivity....
Persistent link: https://www.econbiz.de/10008489279