Results 41 to 50 of about 14,229,404 (73)

Toward a New Constitutional Anatomy [PDF]

open access: yes, 2004
There is an important sense in which our Constitution\u27s structure is not what it appears to be--a set of activities or functions or geographies, the \u27judicial or the executive or the legislative power, the truly local and the truly national.
Nourse, Victoria
core   +1 more source

Time-varying risk premia and the cross section of stock returns [PDF]

open access: yes
This paper develops and estimates a heteroskedastic variant of Campbell’s (1993) ICAPM, in which risk factors include a stock market return and variables forecasting stock market returns or variance.
Hui Guo
core  

Escapist policy rules [PDF]

open access: yes
We study a simple, microfounded macroeconomic system in which the monetary authority employs a Taylor-type policy rule. We analyze situations in which the self-confirming equilibrium is unique and learnable according to Bullard and Mitra (2002).
In-Koo Cho, James Bullard
core  

Intermediaries and payments instruments [PDF]

open access: yes
We study an economy in which intermediaries have incentives to issue circulating liabilities as part of an equilibrium. We show that, with arbitrarily small transactions costs, only the liabilities of intermediaries will circulate, and not those of other
Bruce D. Smith, James Bullard
core  

State lottery revenue: the importance of game characteristics [PDF]

open access: yes
Previous studies find state lottery sales are significantly influenced by socioeconomic characteristics of the population. We extend this literature by examining how the overall expected value, the top prize, and the total combinations influence sales ...
Russell S. Sobel, Thomas A. Garrett
core  

Aggregated vs. disaggregated data in regression analysis: implications for inference [PDF]

open access: yes
This note demonstrates why regression coefficients and their statistical significance differ across degrees of data aggregation. Given the frequent use of aggregated data to explain individual behavior, data aggregation can result in misleading ...
Thomas A. Garrett
core  

Home - About - Disclaimer - Privacy