Showing 1 - 10 of 1,487
This paper is concerned with testing the time series implications of the capital asset pricing model (CAPM) due to Sharpe (1964) and Lintner (1965), when the number of securities, N, is large relative to the time dimension, T, of the return series. In the case of cross-sectionally correlated...
Persistent link: https://www.econbiz.de/10013107698
than by GARCH type volatility estimates. The t-DCC estimation procedure is applied to a portfolio of daily returns on …-DCC specification. The t-DCC model also passes a number of VaR diagnostic tests over an evaluation sample. The estimation results … suggest a general trend towards a lower level of return volatility, accompanied by a rising trend in conditional cross …
Persistent link: https://www.econbiz.de/10013316934
measurement in influencing economic decisions. They attempt to measure uncertainty by indexes of volatility of the stock market …
Persistent link: https://www.econbiz.de/10012982105
gains in manufacturing. In addition, this is the first article to investigate the possibility of spillovers from offshoring … spillovers from materials offshoring in manufacturing in the data, which suggests that most firms effectively manage to …
Persistent link: https://www.econbiz.de/10013123598
first evidence on spillovers from the partner's working time mismatch. However, the spillover becomes insignificant once we …
Persistent link: https://www.econbiz.de/10013099785
This paper offers quasi experimental evidence of the existence of spillover effects of UI extensions using a unique program that extended unemployment benefits drastically for a subset of workers in selected regions of Austria. We use non-eligible unemployed in treated regions, and a...
Persistent link: https://www.econbiz.de/10013074205
knowledge spillovers and shift a location to a higher growth path …
Persistent link: https://www.econbiz.de/10012857538
growth spillovers via mechanisms beyond those previously established for R&D …
Persistent link: https://www.econbiz.de/10013051449
Spillovers of prosocial motivation are crucial for the formation of social capital. They facilitate interactions among …-scale intervention study among dyads of blood donors to investigate whether social ties lead to motivational spillovers in the decision … serving us as an instrument for identifying motivational spillovers. About 40% of a donor's motivation spills over to the …
Persistent link: https://www.econbiz.de/10013039567
We provide the first empirical evidence on direct sibling spillover effects in school achievement using English administrative data. Our identification strategy exploits the variation in school test scores across three subjects observed at age 11 and 16 and the variation in the composition of...
Persistent link: https://www.econbiz.de/10013043652