Similar Search Results

The Levered Equity Risk Premium and Credit Spreads: A Unified Framework

Bhamra, Harjoat S.; Kuehn, Lars-Alexander; Strebulaev, … - 2009

We embed a structural model of credit risk inside a dynamic continuous-time consumption-based asset pricing model, which allows us to price equity and corporate debt in a unified framework. Our key economic assumptions are that the first and second moments of earnings and consumption growth...

Persistent link: https://www.econbiz.de/10009441109

Does the US Government Hedge against Fiscal Risk?

Berndt, Antje; Lustig, Hanno; Yeltekin, Sevin - 2009

We develop a method for measuring the amount of insurance the portfolio of government liabilities provides against scal shocks, and apply it to postwar US data. We dene scal shocks as surprises in defense spending. Our results indicate that the US federal government is partially hedged against...

Persistent link: https://www.econbiz.de/10009441130

Review of monetary policy in South Africa since 1994

Aron, Janine; Muellbauer, John - 2006

and reasonable predictability of monetary policy since adopting inflation targeting in 2000. The SA Reserve Bank's view on …

Persistent link: https://www.econbiz.de/10009441502

Essays on monetary economics and financial economics

Jansen, Dennis (contributor) - 2006

In this dissertation three different economic issues have been analyzed. The firstissue is whether monetary policy rules can improve forecasting accuracy of inflation.The second is whether the preference of a central bank is symmetry or not. The last issueis whether the behavior of aggregate...

Persistent link: https://www.econbiz.de/10009465152

Two essays on the predictability of asset prices:"Benchmarking problems and long horizon abnormal returns"and,"Low R square in the cross section of expected returns"

Sanchez, Benito - 2007

This dissertation consists of two essays on predictability of asset prices. "Benchmarkingproblems and long horizon …

Persistent link: https://www.econbiz.de/10009468641

The research of usage of shares valuation models for stock market predictability in Vilnius stock exchange

Jagminas, Lauras - 2008

The purpose of this diploma paper is to choose the most suitable methods and models of stock market predictability … after the evaluation of the peculiarities of Lithuanian’s and perform the research of stock price predictability. This … predictability are analysed in the first chapter of this work. The methodology of predictability research of Lithuanian’s stock …

Persistent link: https://www.econbiz.de/10009478732

Economic significance of predictability in Australian equities

Gray, P. - 2008

This paper examines evidence of predictability in Australian equities using both statistical and economic metrics of … economically significant degree of return predictability. A $A1 investment in the switching strategy (market) in January 1980 grows … metrics of return predictability can lead to divergent conclusions, and to emphasize the importance of subjecting apparent …

Persistent link: https://www.econbiz.de/10009448712

Two essays on the predictability of asset prices: "Benchmarking problems and long horizon abnormal returns" and, "Low R square in the cross section of expected returns"

Sanchez, Benito - 2007

This dissertation consists of two essays on predictability of asset prices. "Benchmarking problems and long horizon …

Persistent link: https://www.econbiz.de/10009451119

The GLEaMviz computational tool, a publicly available software to explore realistic epidemic spreading scenarios at the global scale

Van den Broeck, Wouter; Gioannini, Corrado; Goncalves, Bruno - 2011

Background: Computational models play an increasingly important role in the assessment and control of public health crises, as demonstrated during the 2009 H1N1 influenza pandemic. Much research has been done in recent years in the development of sophisticated data-driven models for realistic...

Persistent link: https://www.econbiz.de/10009460824

THE IMPACT OF STANDARDIZATION ON OPERATIONAL PERFORMANCE IN A NETWORKED GLOBAL SUPPLY CHAIN: A CASE STUDY

Bigley, Joel D. - 2019

Standardization reduces complexity and increases predictability in a global supply chain. This predictability can be … foundation of predictability a supply chain can expand, take on new workflows, and update technology. Best practices must be … performance understanding and supply chain predictability can also aid with organizational change success increasing the assurance …

Persistent link: https://www.econbiz.de/10012064046