Archives for CORE

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...

R-Estimation in Semiparametric Dynamic Location-Scale Models Marc HALLIN, ECARES, Université libre de Bruxelles (with D. La Vecchia) Ranks offer a flexible, powerful, and too often neglected alternative to quasi-likelihood methods in econometrics.Here we propose rank-based estimation...

Multi-product Firms, Import Competition and the Evolution of Firm-product Technical Efficiencies Valérie Smeets (Aarhus University) We study how increased import competition induced by falling Chinese import tariffs affects the evolution of firm-product technical efficiencies in the small...

Credit Benchmarking, Risk Premium Adjustment Factors, and Credit Solvency Capital Requirements. A Recovery-based Approach Olivier LE COURTOIS, EMLyon Business School (with Jeremy Allali and Mohamed Majri) This article constructs a recovery-based framework for computing the credit...