Archives for CORE
December 02, 2016
Seminar: Laurent E. Calvet
Rich Pickings? Risk, Return, and Skill in the Portfolios of the Wealthy
Laurent CALVET, HEC Paris
(with Laurent Bach and Paolo Sodini)
This paper investigates the risk and return characteristics of household wealth. Using a high-quality administrative panel of Swedish residents, we show...
Click to know more December 01, 2016
Seminar: Fabrice Collard
Public Debt as Private Liquidity: Optimal Policy
Fabrice COLLARD, University of Bern
(Joint paper with G.M. Angeletos and G. Dellas)
We study the Ramsey policy problem in an economy in which public debt contributes to the supply of assets that private agents can use as buffer stock and...
Click to know more November 30, 2016
Seminar: Ieva Linkeviciute
Aggregation of Demand-Side Flexibility in Electricity Markets: The Effects of Portfolio Choice
Ieva Linkeviciute, Copenhagen Business School
Aggregation of demand-side flexibility for balancing purposes is seen as one way to cope with the challenges imposed by increasing share of renewable...
Click to know more November 25, 2016
Seminar: Christian Brownlees
Impulse Response Estimation by Smooth Local Projections
Christian Brownlees, Universitat Pompeu Fabra
(joint with Regis Barnichon)
Vector autoregressions (VAR) and local projections (LP) are well established methodologies for the estimation of impulse responses (IR). These techniques...
Click to know more November 23, 2016
Seminar: Jau-er Chen
Dynamic Instrumental Variable Quantile Regression with Unbalanced Panel Data and Interactive Effects
Jau-er Chen, National Taiwan University and MIT
This paper studies a dynamic panel instrumental variable quantile regression with interactive effects and an unbalanced panel dataset. The...
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