|
1.
|
Despite various payment innovations, today, cash is still heavily used to pay for low-value purchases. This paper develops a simulation model to test whether standard imp[...]
2013 | Text | Staff Working Paper - Document de travail du personnel |
|
|
2.
|
The stochastic simulation model suggested by Bolder (2003) for the analysis of the federal government's debt-management strategy provides a wide variety of useful informa[...]
2007 | Text | Staff Working Paper - Document de travail du personnel |
|
|
3.
|
The author develops a strategy for utilizing higher moments and conditioning information efficiently, and hence improves on the variance bounds computed by Hansen and Jag[...]
2006 | Text | Staff Working Paper - Document de travail du personnel |
|
|
4.
|
The authors extend the well-known Hansen and Jagannathan (HJ) volatility bound. HJ characterize the lower bound on the volatility of any admissible stochastic discount fa[...]
2005 | Text | Staff Working Paper - Document de travail du personnel |
|
