cross sectional variation
The cross-sectional variation of volatility risk premia
... the cross section of equity ...the cross-sectional variation of expected ...of cross-sectional R 2 values and point out the pitfalls in evaluating the ...
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Evidence on the Characteristics of Cross Sectional Variation in Stock Returns
... If a factor pricing model is correct, then a high book-t~market stock with a low book-t~market factor loading should have a low average return, In contrast, if prices are based on charac[r] ...
40
Essays on corporate bonds
... To better understand the cross-sectional variation of observed yield spreads, and partic- ularly, the variation that is not explained by the Black-Cox model, I exa[r] ...
151
The Diversification Discount: Cash Flows vs. Returns
... Panel B shows total excess returns. We start by discussing the first column of Panel B, which shows excess returns for all diversified firms. Panel B shows that diversified firms have excess returns that are close to ...
51
CAPITAL REQUIREMENTS AND BANK BEHAVIOUR:
... series variation, changes in behaviour may often be plausibly ascribed to causes other than a change in ...exploit cross sectional variation by comparing banks at different distances from ...
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The Returns to Higher Education for Marginal Students: Evidence. from Colorado Welfare Recipients
... use cross-sectional variation in attainment suggest that a year of full- time college attendance (30 credits) associated with a $238 increase in quarterly earnings (an approximately 14 percent ...
31
Market Reaction to Mandatory Nonfinancial Disclosure
... a cross- country sample, we first document an on average negative market reaction to events increasing the likelihood of passage for this regulation, consistent with equity investors anticipating net costs with ...
57
The Failure of Ricardian Equivalence Under Progressive Wealth Taxation
... The presence of cross—sectional variation in marginal estate tax rates implies that a non—discriminatory increase in the first—period lump—sum tax, T, induces a redistribution of wealth [r] ...
17
Exploring the Link between Housing and the Value Premium (joint with Stijn Van Nieuwerburgh)
... This paper shows that an equilibrium model in which heterogeneous households face housing collateral constraints can quantitatively replicate the cross-sectional variation in risk premia on stock ...
35
Relationship between labor-income risk and average return: empirical evidence from the Japanese stock market
... Whereas the stock-index beta can only explain 2 percent of the cross-sectional variation in the average return on stock portfolios, the stock-index beta and the labor-beta together expla[r] ...
43
Tax Incentives and Business Investment: New Evidence from Mexico
... the variation provided by recent reforms to the Mexican corporate tax system, including the elimination and reintroduction of accelerated depreciation allowances applica- ble to investment undertaken outside the ...
57
MicroCT imaging reveals differential 3D micro-scale remodelling of the murine aorta in ageing and Marfan syndrome
... and cross-sectional area of the tunica media, and the cross-sectional area of the elastic lamellae and interlamellar spaces were quantified (Figure ...
15
Geographic variation in health insurance benefits in Qianjiang District, China: a cross-sectional study
... This study has several potential limitations. First, indi- vidual and family information of the insured inpatients was ignored, for their demographic characteristics, socio- economic characteristics, diseases type or ...
9
Modifiable lifestyle risk factors for stroke among a high risk hypertensive population in Greater Kampala, Uganda; a cross sectional study
... Our study is limited by the fact that it was cross-sec- tional, used close-ended questions, and was confined to a fairly limited geographic area. The sample size of 87 is a major limitation for this study and ...
6
Long-Term Effects Of The 1959-1961 China Famine: Mainland China and Hong Kong
... While comparisons within a narrow birth interval (1956-64) help re- duce the potential for confounding, our “control” groups were not un- touched by the Famine: the older cohorts experienced it directly as in- fants and ...
39
Diagnostic potential of ultrasound in carpal tunnel syndrome with different etiologies: correlation of sonographic median nerve measures with electrodiagnostic severity
... Modern US equipment allows freehand tracing of the circumference of the median nerve proximal to the site of entrapment and calculation of the cross-sectional area (CSA). Unfortunately, there is no clear ...
8
Dynamics of Bond and Stock Returns
... Time-variation and relative strength of the two mechanisms determines the overall corre- lation between returns on risky and riskless securities as well as the sign of risk premium on the riskless technology. When ...
71
Isothermal micro channel gas flow using a hydrodynamic model with dissipative mass flux
... Abstract. In this paper we investigate the problem of isothermal pressure driven gas flow through a channel using a continuum equations set with a mass diffusion correction to the mass-density equation. The additional ...
6
Do the relationships between hindlimb anatomy and sprint speed variation differ between sexes in Anolis lizards?
... Body size (SVL) appears to be a good predictor of maximal sprint speed in males, consistent with prior work on anoles and other lizards (e.g. Garland and Losos, 1994; Irschick and Jayne, 1998; Van Damme and Vanhooydonck, ...
10
Testing Unemployment Persistence in Central and Eastern European Countries
... ABSTRACT: This study investigates whether stochastic properties of the unemployment rate in ten Central and Eastern European Countries (CEE) countries: Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, ...
7