Tags » Working Paper

The Nature of Household Labor Income Risk (WP) w/ Turner

with N. Turner

SSRN

What is the nature of labor income risk facing households? We answer this question using detailed administrative data on earnings from the U.S. 57 more words

Macroeconomics

Violence, Anger, Punishment: An Affect Based Theory of Retaliation

Abstract

If the structural conditions that increase the likelihood of participating in violence are so common, why do so few people participate in violence? What differentiates people who participate in violence from many more ostensibly similar people who do not? 171 more words

Working Paper

Accuracy Evaluation Of Fourier Series Analysis And Singular Spectrum Analysis For Predicting The Volume Of Motorcycle Sales In Indonesia

This research aims to evaluate the performance of forecasting by Fourier Series Analysis (FSA) and Singular Spectrum Analysis (SSA) which are more explorative and not requiring parametric assumption. 197 more words

Working Paper

Characteristics are Covariances: A Unified Model of Risk and Return (WP) w/ Kelly and Su

with B. Kelly and and Y. Su

SSRN

We propose a new modeling approach for the cross section of returns. Our method, Instrumented Principal Components Analysis (IPCA), allows for latent factors and time-varying loadings by introducing observable characteristics that instrument for the unobservable dynamic loadings. 113 more words

Factor Models

The Economics of Contract Law Deterrence and Public Law Deterrence in Illegal Contracts

A new working paper with Teng Wang.

Source: New York Bar Picture Book.

The illegality of contract is a universal topic in the contract law of major jurisdictions. 286 more words

Academic Pieces