Renaud BOURL`ES

We showed that there are different sources of error when estimating the leverage effect using high frequency data, a discretization error due to not observing the full

Figure V shows a gradual secular decline of the share of capital income (again excluding capital gains realiza- tions) and dividends in the top 0.5 percent fractile from the 1920s

To the extent that national accounts correctly measure annual flows of capital income Y Kt (rental income, interest, dividend, etc.), then r t and r dt indeedmeasure the true

Annals of Economics and Statistics, Annals of Regional Science, Canadian Journal of Economics, Economie Rurale, Emploi et Formation, Environment and Planning A, Environment

Referee  for  international  journals:  American  Economic  Review, B.E.  Journal  of  Economic  Analysis  and  Policy,  Canadian  Journal  of  Economics, 

Journal of Theoretical Economics, Econometrica, Economic Inquiry, Economic Journal, Economica, Economics Letters, Economie et Prévision, European Economic Review,

Journal of Macroeconomics, Econometrica, Economic Inquiry, Economica, Economics Letters, Economie et Prévision, European Economic Review, European Journal of Finance,

o Referee for Annals of Economics and Statistics, Canadian Journal of Economics, Economica, Environment and Planning A, Games and Economic Behavior, Housing Studies, Journal of