[PDF] Top 20 Essays in financial econometrics

... found in the long memory estimates for cryptocurrencies (approxi- mately ranging from ...0.28 in our experiments), with a proportion of violations well above the expected 5% proportion of rejections, with ... See full document

... achieved in terms of convergence. In fact, given that the European Commission realized what was happening in some regions in terms of connections, they start promoting a regional strategy for ... See full document

... men, in spite of women having stronger presence in higher levels of ...gap in the probability of unemployment, with the unconditional unemployment rate of men surpass ing women’s, replicating some ... See full document

... and financial analysts. However, there is a gap in the literature: no study has analyzed both intrinsic characteristics of the individual and how it affects interpretation of graphic ... See full document

... empirical essays addressing the Global Financial Crisis of 2007 – ...said essays analyse distinct, but interconnected issues pertaining to this fundamental research ...topic. In the first ... See full document

... play in the domestic violence flow and highlights the importance of keeping a police station open 24 hours a ...findings in and extend the literature in various ...role in inhibiting and ... See full document

... prices in the conditional ...rates in relation to crude, this research builds on the parameterisation proposed by Nicolau (2007), which was firstly set out in the case of univariate models and ... See full document

... used in the analysis of effects of monetary policy, where Ravn et ...markups in response to TFP ...prices in the durable sector fully adjust one period earlier than in the nondurable sector, ... See full document

... role in market transactions, especially in the different life cycle stages: in a struggle to survive, external fundraising can be more expensive to new entrants in comparison to stable ... See full document

... digital financial system without the overheads of traditional banking systems has appeared with the release of Bitcoin and similar blockchain ...assumptions in computer science, record-keeping, banking ... See full document

... (SFH) in 1964, during the military ...direct financial resources to construction of residences in ...assistance in case of unemployment ( Azevedo & Andrade , 1982 ...bias in SFH to ... See full document

... effects in a financial distress ...banks in the BRICS and other emerging countries that issued CoCo bonds are typically large and have high leverage, aiming to meet the Basel III rules and replace ... See full document

... Svensson model. 19 For inflation expectation, we use data from the Focus-Market Readout, a weekly survey of market forecasts for the main Brazilian macroeconomic variables, released by the Central Bank, on Mondays. 20 ... See full document

... competing in a tournament. In sports, a coach and his team can choose different levels of risk in a game, for example, in a soccer match the team losing the game can switch a defense player ... See full document

... enforcement in sup- porting these ...Also in this line, Jappelli and Pagano (2000b, 2002b), Pagano and Jappelli (1993) and Sapienza (2002) showed the relevance of this factor in determining credit ... See full document

... of financial resources either in the form of donations or in exchange for some form of reward and/or voting rights in order to support initiatives for specific ...unavailable in the ... See full document

... Investors, financial institutions and regulators are interested in understanding what are the main determinants of value in real estate markets, measuring appropriate returns and risks related to ... See full document

... changes in these parameter ...changes in the default cost parameters we concluded that rms behave in a more conservative way both in debt market and in the output ...reduction in ... See full document

... relationships in multivariate processes, the results might be unsatisfactory, as no trace of Granger causality is ...succeeds in picking up directional powers between the historical paths of sail and steam ... See full document

... likelihood in a state space model in which the distribution of the perturbations in the observation equation is approximated by a mixture of ...proposals. In addition, a diagnostic procedure ... See full document