Showing 91 - 100 of 13,729
This paper investigates the degree of persistence of market fear. Specifically, two different long-memory approaches (R …/S analysis with the Hurst exponent method and fractional integration) are used to analyse persistence of the VIX index over the … future values), whilst during crisis period the level of persistence is increasing. These results can be informative about …
Persistent link: https://www.econbiz.de/10011674100
density after taking into account all of these factors, which we interpret as evidence of economic persistence. …
Persistent link: https://www.econbiz.de/10011984511
This paper analyzes the determinants behind the spatial distribution of the LGBT population in the U.S. We relate the size of the present-day LGBT population to the discovery of gold mines during the 19th century gold rushes. Comparing the surroundings of these gold mines to other current and...
Persistent link: https://www.econbiz.de/10011984517
We argue that a long-run cultural persistence of right-wing ideology can explain the recent rise of right-wing populism … persistence. We study the context of Germany in the 2017 federal election, when the emergence of the AfD offered voters a populist …
Persistent link: https://www.econbiz.de/10011985287
considerable number of incumbent inventors discontinue. We estimate the persistence of knowledge in regional inventor networks … network may influence knowledge persistence over time. In a final step, we assess how persistent knowledge as well as the …
Persistent link: https://www.econbiz.de/10011985511
the remarkable persistence shown by the Spanish inflation, the PANIC (panel analysis of non-stationarity in idiosyncratic …
Persistent link: https://www.econbiz.de/10011994312
annual periods to determine the existence of persistence. Finally, we study the relationship between efficiency and … persistence in order to determine the relationship between both measures and to support decision-making processes. The results … show a significant relationship between cross efficiency and Modified Sharpe ratios as well as the existence of persistence …
Persistent link: https://www.econbiz.de/10011995018
A theory-consistent CVAR scenario describes a set of testable regularieties one should expect to see in the data if the basic assumptions of the theoretical model are empirically valid. Using this method, the paper demonstrates that all basic assumptions about the shock structure and...
Persistent link: https://www.econbiz.de/10011995240
A large literature on persistence finds that many modern outcomes strongly reflect characteristics of the same places … orders of magnitude. We analyse 27 persistence studies in leading journals and find that in most cases if we replace the main … spatial noise, the persistence variable can still explain it at high significance levels. We can predict in advance which …
Persistent link: https://www.econbiz.de/10012017590
This paper studies mechanism design with limited commitment where agents have correlated persistent types over the infinite horizon. The mechanism designer now faces the informed-principal problem in addition to usual issues with i.i.d. types. The paper first shows revelation principle in this...
Persistent link: https://www.econbiz.de/10012018204