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Social networks and social groups have both been seen as important to discouraging malfeasance and supporting the global pro-social norms that underlie social order, but have typically been treated ei...
Past studies on gender wage inequality in Africa typically attribute the gender pay gap to either gender differences in characteristics or the return to characteristics. We suggest however that the tw...
This paper introduces the Markov-Switching Multifractal Duration (MSMD) model by adapting the MSM stochastic volatility model of Calvet and Fisher (2004) to the duration setting. Although the MSMD pr...
Empirical evidence is given for a significant difference in the collective trend of the share prices during the stock index rising and falling periods. Data on the Dow Jones Industrial Average and its...
The nature of persistent business cycles and growth fluctuations can be understood by a unified approach in measurement and theory. It is found that the HP trend-cycle decomposition provides a consist...
主讲人 曾志雄 博士 香港中文大学经济系 题目 Volatile and Persistent Exchange Rates: How Important Are istribution Costs? 时间 2005年6月8日(星期三)下午14:00-15:30 地点 北京大学中国经济研究中心万众楼小教室 工作语言 英文 联系电话 62751475 演讲简介 This paper studies ...

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