Showing 1 - 10 of 859
Persistent link: https://www.econbiz.de/10009790273
Persistent link: https://www.econbiz.de/10003383191
Persistent link: https://www.econbiz.de/10003701659
generate variable trajectories of operating costs and integrate them into a stochastic simulation of the financial model …. -- public private partnerships ; operating costs ; risk modelling ; stochastic processes ; stochastic simulation …
Persistent link: https://www.econbiz.de/10003660713
Persistent link: https://www.econbiz.de/10011937527
Persistent link: https://www.econbiz.de/10012284594
We study the time-varying effects of Tobin's q and cash flow on investment dynamics in the USA using a vector autoregression model with drifting parameters and stochastic volatilities estimated via Bayesian methods. We find significant variation over time of the response of investment to shocks...
Persistent link: https://www.econbiz.de/10014483612
Persistent link: https://www.econbiz.de/10001519605
Persistent link: https://www.econbiz.de/10001534101
I explore methods that characterize model-based valuation of stochastically growing cash flows. Following previous research, I use stochastic discount factors as a convenient device to depict asset values. I extend that literature by focusing on the impact of compounding these discount factors...
Persistent link: https://www.econbiz.de/10014025355