Ongoing international financial integration has greatly increased foreign asset holdings across countries, enhancing … claims to firm profits in a production economy. For a given level of international financial integration (measured by the … goods, and the persistence of shocks. Finally, moving from less to more international financial integration, risk sharing …

This paper describes and applies econometric strategies for estimating regression models of economic share data … on the conditional mean structures of such data. The paper proposes an extension of the fractional regression methodology … econometric strategies for share model estimation. The paper then goes on to discuss the univariate fractional regression …

This study uses Monte Carlo simulations to demonstrate that regression-discontinuity designs arrive at biased estimates …

constraints can be worth the costs. Constrained regression adds a tool for developing risk equalization models that can improve …

Standard sufficient conditions for identification in the regression discontinuity design are continuity of the …