Testing for Altruism and Social Pressure in Charitable Giving.
Mo del F abrication G. Elb er 20 Assem bly is left to the enjo ymen t of the author and other mo del building en th usiasts. 6 Ac kno wledgmen t The author is grateful to Elaine Cohen and Mark Blo omen.
A NARRATIVE ANALYSIS OF POSTWAR TAX CHANGES ABSTRACT This paper provides a narrative analysis of federal tax legislation in the United States over the period 1945-2007. It uses contemporary primary sources to identify every piece of federal tax significant legislation over this period.
The impact of online consumer reviews factors on the Dutch consumer buying decision. Author: Melle Schepers University of Twente P.O. Box 217, 7500AE Enschede The Netherlands ABSTRACT Since the fast and still increasingly adoption of buying products or services online, online consumer reviews have become increasingly more important.
KK 1 Note: Code is provided in R for this homework. Ze Jin has provided code for Q1, and Giles has provided the solutions to Q4. Solution for Question 1 is onpage 2. Grading rubric for Question 1 is onpage 8. Solution for Question 2 is onpage 9. Grading rubric for Question 2 is onpage 13. (a sketch) solution for Question 3 is onpage 14.
Modeling the Long Run: Valuation in Dynamic Stochastic Economies Lars Peter Hansen NBER Working Paper No. 14243 August 2008 JEL No. C0,E44,G1 ABSTRACT I explore the equilibrium value implications of economic models that incorporate reactions to a stochastic environment. I propose a dynamic value decomposition (DVD) designed to distinguish.
Testing Conditional Factor Models Andrew Ang and Dennis Kristensen NBER Working Paper No. 17561 November 2011 JEL No. C12,C13,C14,C32,G12 ABSTRACT Using nonparametric techniques, we develop a methodology for estimating conditional alphas and betas and long-run alphas and betas, which are the averages of conditional alphas and betas, respectively.
Hedge Fund Performance Evaluation: A Stochastic Discount Factor Approach Abstract We analyze hedge fund performance using the stochastic discount factor (SDF) approach and imposing the arbitrage-free requirement to correctly value the derivatives and dynamic trading strategies used by hedge funds.