Search Results - isPartOf:"CFS Working Paper"

Legality and Venture Governance Around the World

Cumming, Douglas; Schmidt, Daniel; Walz, Uwe - Center for Financial Studies - 2004

financial community and academia. The CFS Working Paper Series presents the result of scientific research on selected top- ics …://www.wiwi.uni-frankfurt.de/profs/walz and Center for Financial Studies, Taunusanlage 6, 60329 Frankfurt/Main, Germany CFS Working Paper No. 2004 …

Persistent link: https://www.econbiz.de/10005120767

Are Stationary Hyperinflation Paths Learnable?

Adam, Klaus; Evans, George W.; Honkapohja, Seppo - Center for Financial Studies - 2004

financial community and academia. The CFS Working Paper Series presents the result of scientific research on selected top- ics … , United Kingdom CFS Working Paper No. 2004/15 Are Stationary Hyperinflation Paths Learnable? * Klaus Adam 1 , George W … -0.5 0 0.5 1 time e d f c Figure 7: Example of divergence when λ =0.5 28 CFS Working Paper Series: No …

Persistent link: https://www.econbiz.de/10005120784

Monetary Discretion, Pricing Complementarity and Dynamic Multiple Equilibria

King, Robert G.; Wolman, Alexander L. - Center for Financial Studies - 2004

, it provides a strong link between the financial community and academia. The CFS Working Paper Series presents the result … International Research Forum on Monetary Policy, November 2003. CFS Working Paper No. 2004/22 Monetary Discretion, Pricing …

Persistent link: https://www.econbiz.de/10005120793

Multiple-bank lending: diversification and free-riding in monitoring

Carletti, Elena; Cerasi, Vittoria; Daltung, Sonja - Center for Financial Studies - 2004

, it provides a strong link between the financial community and academia. The CFS Working Paper Series presents the result …, Sweden, sonja.daltung@riksbank.se. CFS Working Paper No. 2004/18 Multiple-bank lending: diversification and free …

Persistent link: https://www.econbiz.de/10005138839

Optimal Monetary Policy under Commitment with a Zero Bound on Nominal Interest Rates

Adam, Klaus; Billi, Roberto M. - Center for Financial Studies - 2004

We determine optimal monetary policy under commitment in a forwardlooking New Keynesian model when nominal interest rates are bounded below by zero. The lower bound represents an occasionally binding constraint that causes the model and optimal policy to be nonlinear. A calibration to the U.S....

Persistent link: https://www.econbiz.de/10005176437

Weather Forecasting for Weather Derivatives

Campbell, Sean D.; Diebold, Francis X. - Center for Financial Studies - 2004

community and academia. The CFS Working Paper Series presents the result of scientific research on selected top- ics in the …, University of Pennsylvania and NBER, fdiebold@wharton.upenn.edu CFS Working Paper No. 2004/10 Weather Forecasting for Weather …

Persistent link: https://www.econbiz.de/10005176448

The Nobel Memorial Prize for Robert F. Engle

Diebold, Francis X. - Center for Financial Studies - 2004

Engle’s footsteps range widely. His major contributions include early work on band-spectral regression, development and unification of the theory of model specification tests (particularly Lagrange multiplier tests), clarification of the meaning of econometric exogeneity and its relationship...

Persistent link: https://www.econbiz.de/10005176460

Ramsey Monetary Policy and International Relative Prices

Faia, Ester; Monacelli, Tommaso - Center for Financial Studies - 2004

community and academia. The CFS Working Paper Series presents the result of scientific research on selected top- ics in the …-02-58363332, Web page: www.igier.uni-bocconi.it/monacelli CFS Working Paper No. 2004/04 Ramsey Monetary Policy and International …

Persistent link: https://www.econbiz.de/10005176436

Financial Asset Returns, Direction-of-Change Forecasting, and Volatility Dynamics

Christoffersen, Peter F.; Diebold, Francis X. - Center for Financial Studies - 2004

, it provides a strong link between the financial community and academia. The CFS Working Paper Series presents the result … Pennsylvania and NBER, fdiebold@wharton.upenn.edu CFS Working Paper No. 2004/08 Financial Asset Returns, Direction …

Persistent link: https://www.econbiz.de/10005176455

Data Uncertainty and the Role of Money as an Information Variable for Monetary Policy

Coenen, Guenter; Levin, Andrew; Wieland, Volker - 2003

In this study, we perform a quantitative assessment of the role of money as an indicator variable for monetary policy in the euro area. We document the magnitude of revisions to euro area-wide data on output, prices, and money, and find that monetary aggregates have a potentially significant...

Persistent link: https://www.econbiz.de/10010311974