Showing 1 - 6 of 6
We study 852 companies with dividend reinvestment plans in 1999 matched by total assets to 852 companies without such plans. We use discrete choice methods to predict the classification of these companies. We interpret the misclassified companies as being likely to switch their plan status. That...
Persistent link: https://www.econbiz.de/10010292321
Price clustering is a well-documented regularity of foreign exchange transactions. In this paper, I present new … empirical evidence of price clustering for central bank interventions. A feature of the price clustering in Swiss National Bank … (SNB) transactions is market dependency. Evidence of clustering in the broker market is considerably smaller than in the …
Persistent link: https://www.econbiz.de/10011430050
In the present paper we use a balanced bank panel data set to obtain an inference on two dimensions of the asymmetric response of bank lending to interest rate changes. The cross-sectional dimension is captured by group-specific parameters whereby each bank's group membership is estimated along...
Persistent link: https://www.econbiz.de/10013370002
We investigate divisions within the citation network in economics using citation data between 1990 and 2010. We consider all partitions of top institutions into two equal-sized clusters, and pick the one that minimizes cross-cluster citations. The strongest division is much stronger than could...
Persistent link: https://www.econbiz.de/10010321412
Forecast combination has become popular in central banks as a means to improve forecasts and to alleviate the risk of selecting poor models. However, if a model suite is populated with many similar models, then the weight attached to other independent models may be lower than warranted by their...
Persistent link: https://www.econbiz.de/10012143724
evolution of income inequality and clustering techniques to feature the annual value of the Gini Index on disposable income from …
Persistent link: https://www.econbiz.de/10012501726