We study Tikhonov Regularized estimation of quantile structural effects implied by a nonseparable model. The nonparametric instrumental variable estimator is based on a minimum distance principle. We show that the minimum distance problem without regularization is locally ill-posed, and consider...

This paper develops a new estimation procedure for characteristic-based factor models of security returns. We treat the factor model as a weighted additive nonparametric regression model, with the factor returns serving as time-varying weights, and a set of univariate non-parametric functions...

This paper examines the characteristics of firms that voluntarily provide interim financial reports. Based on a sample of Swiss companies, where semi-annual reports became mandatory in 1997, I document that before interim reports became mandatory, analyst coverage, i.e. analysts demand for...

Verfolgt man die internationale Wirtschaftspresse im ersten Quartal des Jahres 2000, rund zweieinhalb Jahre nach dem Ausbruch der Finanzkrise in neun aufstrebenden Ländern Südostasiens, so häufen sich die Schalmeienklänge über eine rasche Erholung dieser Länder und über die Rückkehr des...