The EFF collects detailed information on household assets, debts, income, consumption, and demographic variables. One important characteristic of this survey is that it oversamples high-wealth households. Another important characteristic of the EFF is that the second wave has a full panel...

This paper investigates whether involvement in mergers and acquisitions (M&As) triggers distinct patterns of innovative behaviour across firms situated at different points on the firm size distribution. Firms use more and more M&As as mechanisms to bridge the gap between where they are and what...

The EFF collects detailed information on household assets, debts, income, consumption, and demographic variables. One important characteristic of this survey is that it oversamples high-wealth households. Another important characteristic of the EFF is that the second wave has a full panel...

We use Markov chain methods to develop a flexible class of discrete stochastic autoregressive volatility (DSARV) models. Our approach to formulating the models is straightforward, and readily accommodates features such as volatility asymmetry and time-varying volatility persistence. Moreover, it...