This paper compares the mixed-data sampling (MIDAS) and mixed-frequency VAR(MF-VAR) approaches to model speci…cation in the presence of mixed-frequency data,e.g., monthly and quarterly series. MIDAS leads to parsimonious models based onexponential lag polynomials for the coe¢ cients, whereas...

Die Hauptthese dieses Beitrags betrifft das bleibende Verdienst von Milton Friedman alsÖkonom und Gesellschaftstheoretiker. Sie besagt, dass die Ökonomik als wissenschaftlicheDisziplin durch Keynes und den Keynesianismus in eine Grundlagenkrise gestürzt wurde, ausder sie maßgeblich durch die...

This paper analyses the regulatory framework which applies to the determination of directors’remuneration in Europe and examines the extent to which European firms follow best practices incorporate governance in this area, drawing on an empirical analysis of the governance systems thatEuropean...

A lot happened even before the perceived beginning of this crisis in 2007,so although the events are recent, I will give an overview from a US perspectiveof the period from 2001 to date, in our search for the lessons to be learned.Much of it is probably familiar, but worth revisiting.I will...