The American Economic Review, Volume 96American Economic Association., 2006 |
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Página 592
... correlation between news and prices arose only because asset risk generated news , then controlling for this risk would diminish the correlation . Appendix C shows that controlling for payoff volatility leaves the coefficient esti- mate ...
... correlation between news and prices arose only because asset risk generated news , then controlling for this risk would diminish the correlation . Appendix C shows that controlling for payoff volatility leaves the coefficient esti- mate ...
Página 940
... correlated with insurance demand and negatively correlated with risk occurrence , then the correlation between insurance coverage and risk occurrence in equilibrium can be negative , despite the presence of asymmetric information about ...
... correlated with insurance demand and negatively correlated with risk occurrence , then the correlation between insurance coverage and risk occurrence in equilibrium can be negative , despite the presence of asymmetric information about ...
Página 948
... correlation of the residual from estimation of a bivariate probit of any nursing home use ( 1995-2000 ) and long - term care insurance coverage ( 1995 ) ; p values are given in parentheses . Bottom row reports marginal effect on ...
... correlation of the residual from estimation of a bivariate probit of any nursing home use ( 1995-2000 ) and long - term care insurance coverage ( 1995 ) ; p values are given in parentheses . Bottom row reports marginal effect on ...
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agent analysis assumption auction average behavior bidder bonus rate buyer certifier choice choose coefficient column concave condition consumers consumption correlation cost cotinine countries demand denote distribution earnings effect efficient effort levels endogenous enrollment equation equilibrium estimates exchange rate expected Figure firm gamble GATT growth higher human capital impact implies incarceration income increase incumbent individual investment Jobs Journal of Economics Lemma March CPS marginal marginal cost match May/ORG measure ment mixed strategy monthly contract Nash equilibrium nomic observed optimal order flow outcomes p-value paper parameter payoff percent period players predictions preferences price vector profits Proposition quantiles regression relative supply residual residual variance risk aversion rounds sample Section skills smoking standard strategy subsidy Table tariff Theorem tion topcode users utility functions variables variance wage inequality Walrasian equilibrium welfare workers zero