Archives for CORE

Estimating Global Bank Network Connectedness Francis X. Diebold, University of Pennsylvania (joint with Mert Demirer, Laura Liu and Kamil Yilmaz) We use lasso methods to shrink, select and estimate the network linking the publicly-traded subset of the world's top 150 banks, 2003-2014....

Stock Price Booms and Expected Capital Gains? Albert Marcet (CSIC), ICREA, UAB, MOVE, Barcelona GSE & CEPR) The booms and busts in U.S. stock prices over the post-war period can to a large extent be explained by fluctuations in investors’ subjective capital gains expectations. As we...

Francis X. Diebold is Paul F. and Warren S. Miller Professor of Social Sciences, and Professor of Economics, Finance and Statistics, at the University of Pennsylvania. He has published widely in econometrics, forecasting, finance, and macroeconomics, and he has served on the editorial boards of...

 Werner Hildenbrand (University of Bonn) will give a seminar on Piketty's chain of argument in Le capital au XXIe siècle. His presentation will be followed by a discussion with the participation of: Rigas Oikonomou (UCL-IRES) Luca Pensieroso (UCL-IRES) Etienne Wasmer...