differentials between tracking portfolio andbenchmark. In practice, however, constraints on tactical deviations from benchmark … subject to such constraints, we illustrate how the size ofacceptable deviations from the benchmark relates to the statistical …

Vorliegendes Arbeitspapier fasst die Schlussfolgerungen und Empfehlungen abgeschlossener Benchmarking-Projekte und …

[...]This paper examines the benchmark role of the U.S.Treasury market and the features that make it an … swaps markets in particular are alreadyassuming a limited benchmark role.[...] …

Recent research on international productivity comparisons has focused on the discrepancies between benchmark … comparisons and time series extrapolations from other benchmarks. For a 1907 benchmark, Stephen Broadberry and Carsten Burhop … benchmark is consistent with their 1907 benchmark, provided that a traditional but disputed industrial production series of …

a similar way over time. We propose a parsimonious model that uses thereturn on the group of mutual funds as a benchmark …

Reference–dependent preference models assume that agents derive utility fromdeviations of consumption from benchmark … literature) or forward-looking (as implicitly suggested by Prospect Theory). For bothcases, we specify and estimate a fully …

relative to a benchmark portfolio, are closely related to unit-linked life-insurance productsand can be considered as … alternatives to direct investment in the underlying benchmark. They containan embedded power option, and the key issue is the …