Search Results - subject:"Non‐linear"

Fernández-Villaverde, Jesús; Marbet, Joël; Nuño, Galo; … - 2023

This paper studies how household inequality shapes the effects of the zero lower bound (ZLB) on nominal interest rates on aggregate dynamics. To do so, we consider a heterogeneous agent New Keynesian (HANK) model with an occasionally binding ZLB and solve for its fully nonlinear stochastic...

Persistent link: https://www.econbiz.de/10014288300

Which return regime induces overconfidence behavior? : artificial intelligence and a nonlinear approach

Alp Coşkun, Esra; Kahyaoglu, Hakan; Lau, Chi Keung - In: Financial innovation : FIN 9 (2023) 1, pp. 1-34

Overconfidence behavior, one form of positive illusion, has drawn considerable attention throughout history because it is viewed as the main reason for many crises. Investors' overconfidence, which can be observed as overtrading following positive returns, may lead to inefficiencies in stock...

Persistent link: https://www.econbiz.de/10014288970

New asymptotics applied to functional coefficient regression and climate sensitivity analysis

Wang, Qiying; Phillips, Peter C. B.; Wang, Ying - 2023

Persistent link: https://www.econbiz.de/10014317586

Estimating nonlinear network data models with fixed effects

Hughes, David W. - 2023

Persistent link: https://www.econbiz.de/10014319894

Monetary trends in the UK and the USA from 1874 to 2020 : a nonlinear approach to money demand

Escribano, Álvaro; Rodríguez, Juan-Andrés - 2023

Persistent link: https://www.econbiz.de/10014320871

On the robustness/replication of econometric analyses from nonlinear models using various commonplace software packages

Capps, Oral - In: Applied economic perspectives and policy 45 (2023) 3, pp. 1292-1331

Persistent link: https://www.econbiz.de/10014335375

Robust bootstrap inference for linear time-varying coefficient models : some Monte Carlo evidence

Lin, Yicong; Song, Mingxuan - 2023

We propose two robust bootstrap-based simultaneous inference methods for time series models featuring time-varying coefficients and conduct an extensive simulation study to assess their performance. Our exploration covers a wide range of scenarios, encompassing serially correlated,...

Persistent link: https://www.econbiz.de/10014335549

Board independence and earnings stability : a non-linear perspective from Indian companies

Potharla, Srikanth; Kolpula, Suman - In: Copernican Journal of Finance & Accounting : CJF&A 12 (2023) 4, pp. 73-88

Persistent link: https://www.econbiz.de/10014632941

Estimating Nonlinear Investment-q Relation in the Presence of Measurement Error

Song, Suyong; Wee, Hyunbok - 2023

We study a nonlinear relationship between corporate investment and Tobin’s q in the cross-section. After correcting for nonseparable measurement error in q with the aid of repeated measurement, we find evidence of heterogeneity in the investment-q relation. The investment-q sensitivity is...

Persistent link: https://www.econbiz.de/10014257317

Non-Linear Dimension Reduction in Factor-Augmented Vector Autoregressions

Klieber, Karin - 2023

This paper introduces non-linear dimension reduction in factor-augmented vector autoregressions to analyze the effects … latent factors is particularly useful during turbulent times of the business cycle. In simulations, we show that non-linear … suggest that the non-linear FAVAR approaches are capable of dealing with the large outliers caused by the COVID-19 pandemic …

Persistent link: https://www.econbiz.de/10014257790