Showing 1 - 10 of 19,101
model and a stochastic volatility factor model, it is possible to estimate reliable uncertainty measures and describe their …
Persistent link: https://www.econbiz.de/10013540621
Persistent link: https://www.econbiz.de/10011691233
Persistent link: https://www.econbiz.de/10014316029
Persistent link: https://www.econbiz.de/10012804111
the times when the risk factors are detected to have a jump. The test statistic is a cross‐sectional average of a measure … assessing the magnitude of firm‐specific risk in asset prices at the factor jump events. Empirical application to S&P 100 stocks …
Persistent link: https://www.econbiz.de/10012042424
Persistent link: https://www.econbiz.de/10014465295
Persistent link: https://www.econbiz.de/10014526328
Persistent link: https://www.econbiz.de/10012417673
According to a growing body of empirical literature, global shocks have become less important for business cycles in industrialized countries and emerging market economies since the mid-1980s. In this paper, we analyze the question of what might have caused a decoupling from the global business...
Persistent link: https://www.econbiz.de/10011584095
Persistent link: https://www.econbiz.de/10011966119