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An Econometric Model of the Yield Curve with Macroeconomic Jump Effects
Macroeconomic Jump Effects Yield Curve
2015/7/23
This paper develops an arbitrage-free time-series model of yields in continuous time
that incorporates central bank policy. Policy-related events, such as FOMC meetings
and releases of macroeconomic...
Those studying modern economies often puzzle about how small causes are amplified to cause disproportionately large effects. A leading example that emerged even before Samuelson began his professional...
Envelope Theorems for Arbitrary Choice Sets.
Coalition-Proofness and Correlation with Arbitrary Communication Possibilities
Coalition-Proofness Correlation Arbitrary Communication Possibilities
2015/7/21
The ability of the members of a coalition to communicate secretly determines whether the coalition can coordinate to deviate from a proposed strategy and thus affects which strategies are ‘‘coalition ...
Comparing Optima:Do Simplifying Assumptions Affect Conclusions?
Comparing Optima Simplifying Assumptions
2015/7/21
Comparing Optima:Do Simplifying Assumptions Affect Conclusions?
Information and Timing in Repeated Partnerships.
Rationalizability,Learning and Equilibrium in Games With Strategic Complementarities
Rationalizability Learning Equilibrium Strategic Complementarities
2015/7/21
Rationalizability,Learning and Equilibrium in Games With Strategic Complementarities.
Adaptive and Sophisticated Learning in Repeated Normal Form Games
Adaptive Sophisticated Learning Repeated Normal
2015/7/21
Adaptive and Sophisticated Learning in Repeated Normal Form Games.
Distributional Strategies for Games with Incomplete Information
Distributional Strategies Incomplete Information
2015/7/21
Distributional Strategies for Games with Incomplete Information.
Rational Cooperation in the Finitely‑Repeated Prisoners’Dilemma
Rational Cooperation Finitely‑ Repeated Prisoners’Dilemma
2015/7/21
Rational Cooperation in the Finitely‑Repeated Prisoners’Dilemma.
Good News and Bad News:Representation Theorems and Applications
Good News Bad News Theorems and Applications
2015/7/21
Good News and Bad News: Representation Theorems and Applications.
An Axiomatic Characterization of Common Knowledge
Axiomatic Characterization Common Knowledge
2015/7/21
An Axiomatic Characterization of Common Knowledge.