There is virtually a consensus that the ratio of suicides committed with guns to total suicides is the best way to indirectly measure gun ownership across different locations. However, such a proxy is not accurate for any locality with low population density in view that suicides are rare...

We derive nonparametric tests of symmetry using asymmetric kernels with either shrinking or fixed bandwidths. We show how to extend the approach to examine conditional symmetry by deriving conditions under which our tests are applicable to residuals from semiparametric models with a...

Annual stress tests have become a regular part of the supervisors' toolkit following the global financial crisis. We investigate their capital market implications in the United States by looking at price and trade reactions, information asymmetry and uncertainty indicators, and bank activities....