Narrow search
Showing 1 - 10 of 81
Cover Image
Inference, arbitrage, and asset price volatility
Adrian, Tobias - Federal Reserve Bank of New York - 2004
dividend process of a risky asset. Under perfect information, the presence of risk-neutral arbitrageurs unambiguously reduces …
Persistent link: https://www.econbiz.de/10005420543
Cover Image
Modeling uncertainty : predictive accuracy as a proxy for predictive confidence
Rich, Robert W. (contributor); Tracy, Joseph S. (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001751995
Cover Image
Evaluating the riskiness of initial public offerings: 1980 - 2000
Peristiani, Stavros C. (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001752009
Cover Image
Idiosyncratic risk and volatility bounds, or can models with idiosyncratic risk solve the equity premium puzzle?
Lettau, Martin (contributor) - 2001 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001590071
Cover Image
Trading risk and volatility in interest rate swap spreads
Kambhu, John (contributor) - 2004 - [Elektronische Ressource]
This paper examines how risk in trading activity can affect the volatility of asset prices. We look for this … swap spread tends to converge to a long-run level, although trading risk can sometimes cause the spread to diverge from … that level. -- convergence trading ; interest rate swaps ; swap spread ; repurchase contracts ; trading risk ; volatility …
Persistent link: https://www.econbiz.de/10001936329
Cover Image
Determinants of college major choice: identification using an information experiment
Wiswall, Matthew; Zafar, Basit - Federal Reserve Bank of New York - 2011
model of college major choice, with which we estimate the relative importance of earnings and earnings uncertainty on the …
Persistent link: https://www.econbiz.de/10009146854
Cover Image
Belief updating among college students: evidence from experimental variation in information
Wiswall, Matthew; Zafar, Basit - Federal Reserve Bank of New York - 2011
We investigate how college students form and update their beliefs about future earnings using a unique “information” experiment. We provide college students true information about the population distribution of earnings and observe how this information causes respondents to update their...
Persistent link: https://www.econbiz.de/10009320708
Cover Image
Early contract renegotiation: An analysis of U.S. labor contracts from 1970 to 1995
Rich, Robert; Tracy, Joseph - Federal Reserve Bank of New York - 2011
episodes of increased inflation uncertainty, our results suggest that these contracts are flexible both ex ante and ex post to …
Persistent link: https://www.econbiz.de/10009358584
Cover Image
Double majors: one for me, one for the parents?
Zafar, Basit - Federal Reserve Bank of New York - 2010
At least a quarter of college students in the United States graduate with more than one undergraduate major. This paper investigates how students decide on the composition of their paired majors? In other words, whether the majors chosen are substitutes or complements. Since students use both...
Persistent link: https://www.econbiz.de/10008764414