Do Inflation-Linked Bonds Still Diversify ?

An information theoretic framework is used in which bounded rationality is modeled as a constraint on the total rate of internal processing by each

We find that differences in labor market institutions (proxied by the replacement rates, or alternatively by a measure of workers’ bargaining power) can generate significant

Cite this article as: Giacomo Carboni and Martin Ellison, Inflation and output volatility under asymmetric incomplete information, Journal of Economic Dynamics &

I have examined a continuous-time intertemporal consumption and portfolio choice problem for an ambiguity-averse investor when expected returns of a risky asset are unobservable

Based upon the recent literature on the aggregation theory, we have provided a model of realized log-volatility that aims at relating the behavior of the economic agents to the

The minimum pseudodistance estimators can be easily used in place of the classical mean and covariance matrix estimators, thereby providing robust and efficient mean-variance

In this example (as for “fertilising contracts” practised in some rural areas between croppers and pastoralists), the service is rendered on the land belong to

Keywords: Conditional Semivariance, Conditional Variance, DownSide Risk, Kernel Method, Nonparametric Mean