Showing 1 - 10 of 44
Persistent link: https://www.econbiz.de/10001086822
Persistent link: https://www.econbiz.de/10003306912
Persistent link: https://www.econbiz.de/10003852619
Persistent link: https://www.econbiz.de/10003913424
Persistent link: https://www.econbiz.de/10003550534
Persistent link: https://www.econbiz.de/10003518282
The measurement of systemic risk is at the forefront of economists and policymakers concerns in the wake of the 2008 financial crisis. What exactly are we measuring and do any of the proposed measures perform well outside the context of the recent financial crisis? One way to address these...
Persistent link: https://www.econbiz.de/10011396803
Persistent link: https://www.econbiz.de/10009793016
Persistent link: https://www.econbiz.de/10011507020
We derive asymptotic properties of estimators and test statistics to determine - in a grouped data setting - common versus group-specific factors. Despite the fact that our test statistic for the number of common factors, under the null, involves a parameter at the boundary (related to unit...
Persistent link: https://www.econbiz.de/10011515884