between 1959 and 1965. Following his Habilitation in 1964, he was appointed to the chair of Statistics and Econometrics at the … Department of Statistics of the University of Waterloo, Canada, in 1970/71. He has been a full professor of Econometrics and … Statistics at the Ludwig-Maximilians-University in Mu­ nich since 1973. His extensive research activities abroad included …

and statistics which show the current status of research in these areas. The book addresses all those concerned with the …

This paper provides novel insights into the dynamic properties of variance and semivariance premia. Considering nine … international stock market indices, we find consistent evidence of significantly negative total and downside (semi)variance premia … the total variance premium is upward sloping for all of the considered indices. The slope is driven by upside semivariance …

. At the same time, there is discussion regarding the robustness of the results of empirical growth studies. In a seminal … paper, Knack and Keefer (1997) assess the effect of trust on growth. This paper analyses the robustness of their results … along several dimensions, acknowledging the complexity of therobustness concept. Our findings show that the robustness of …