An Empirical Analysis of U.S. Aggregate Portfolio Allocations [PDF]
This paper analyzes the important time variation in U.S. aggregate portfolio allocations. To do so, we first use flexible descriptions of preferences and investment opportunities to derive optimal decision rules that nest tactical, myopic, and strategic ...
Michel Normandin, Pascal St-Amour
core
TWO SIMPLIFIED MODELS TO EXPLAIN MONETARY LONG CYCLES BETWEEN ABOUT 1970 AND 2060 [PDF]
Money was, until Keynes and Friedman, the great absence in economic literature.After them, relations between money and long economic cycles have been in their turn absent in debate.
Philippe JOURDON
core
Moving towards the Virtual Economy: A Major Paradigm Shift [PDF]
This paper investigates some of the underlying forces that are propelling us towards the virtual economy. Special attention is brought to the industrial restructuring that is now taking place, to the role that virtual enterprises are playing in this ...
Louis A. Lefebvre, Élisabeth Lefebvre
core
Trend and burden of lower-limb amputations due to diabetes: time series analysis, Amazonas, 2012-2021. [PDF]
Epidemiol Serv SaudeRibeiro Junior CA +2 more
europepmc +1 more source
Asset Returns and State-Dependent Risk Preferences [PDF]
We propose a consumption-based capital asset pricing model in which the representative agent's preferences display state-dependent risk aversion. We obtain a valuation equation in which the vector of excess returns on equity includes both consumption ...
Pascal St-Amour, Stephen Gordon
core
Time series analysis: trend in late maternal mortality in Brazil, 2010-2019. [PDF]
Cad Saude PublicaBorgonove KCA +6 more
europepmc +1 more source
Recursive Intergenerational Utility in Global Climate Risk Modeling [PDF]
This paper distinguishes relative risk aversion and resistance to intertemporal substitution in climate risk modeling. Stochastic recursive preferences are introduced in a stylized numeric climate-economy model using preliminary IPCC 1998 scenarios.
Minh Ha-Duong, Nicolas Treich
core
Impact of COVID-19 on notifiable diseases: a time series study. [PDF]
Rev Esc Enferm USPBorges PKO +9 more
europepmc +1 more source
The Impact of Sampling Frequency and Volatility Estimators on Change-Point Tests [PDF]
The paper evaluates the performance of several recently proposed change-point tests applied to conditional variance dynamics and conditional distributions of asset returns.
Elena Andreou, Eric Ghysels
core
Spatial analysis of granting of social welfare benefits to people with gastrointestinal Chagas disease in Brazil, 2004-2016: a time series study. [PDF]
Epidemiol Serv SaudeLimongi JE +4 more
europepmc +1 more source