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Persistent link: https://www.econbiz.de/10005078408
This paper describes a non-parametric, unconditional, hyperbolic quantile estimator that unlike traditional non-parametric frontier estimators is both robust to data outliers and has a root-n convergence rate. We use this estimator to examine changes in the efficiency and productivity of U.S....
Persistent link: https://www.econbiz.de/10005360643
that seems at odds with basic notions of risk and return. In this paper we construct an economy where production involves … between stock market risk and return varies in accordance with the supply of labor but requires no time variation in … positive risk-return relation obtains. Conversely, a negative relation obtains for asset market equilibria where there is …
Persistent link: https://www.econbiz.de/10010397388
that seems at odds with basic notions of risk and return. In this paper we construct an economy where production involves … between stock market risk and return varies in accordance with the supply of labor but requires no time variation in … positive risk-return relation obtains. Conversely, a negative relation obtains for asset market equilibria where there is …
Persistent link: https://www.econbiz.de/10005401929
Remarks at the Global Association of Risk Professionals 12th Annual Risk Management Convention, New York City. …
Persistent link: https://www.econbiz.de/10010724946
Remarks at the Committee on International Monetary Law of the International Law Association Meeting, Madrid, Spain.
Persistent link: https://www.econbiz.de/10010725030
Remarks at the Reserve Bank of Australia's 50th Anniversary Symposium, Sydney, Australia.
Persistent link: https://www.econbiz.de/10010725052
Presentation by Eric S. Rosengren, President and Chief Executive Officer, Federal Reserve Bank of Boston, for the European Economics and Financial Centre Distinguished Speakers Seminar, London, England, November 10, 2009
Persistent link: https://www.econbiz.de/10010726550
Remarks by Eric S. Rosengren, President and Chief Executive Officer, Federal Reserve Bank of Boston, at the Global Interdependence Center's Conference on Capital Markets in the Post Crisis Environment, Stockholm, Sweden, September 29, 2011
Persistent link: https://www.econbiz.de/10010726580
Presented by Charles I. Plosser, President and Chief Executive Officer, Federal Reserve Bank of Philadelphia Financial Interdependence in the World's Post-Crisis Capital Markets, Presented by the Global Interdependence Center (GIC) in partnership with the Philadelphia Council for Business...
Persistent link: https://www.econbiz.de/10010727100