Digital Commons Network^™

Commentary - Cleaning Up The Credit-Union Crisis, Bruce Sundlun

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No abstract provided.

Asset-Backed Commercial Paper Explained, Fitch Ratings

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No abstract provided.

The Politic 2001 Fall, The Politic, Inc.

The Politic

No abstract provided.

Fertility In South Dublin A Century Ago: A First Look, Timothy W. Guinnane, Carolyn Moehling, Cormac Ó Gráda

Discussion Papers

No abstract provided.

The Optimal Concentration Of Creditors, Ivo Welch, Arturo Bris

Cowles Foundation Discussion Papers

There are situations in which dispersed creditors (e.g., public creditors) have more difficulties and higher costs when collecting their claims in financial distress than concentrated creditors (e.g., banks). Under this assumption, our model predicts that measures of debt concentration relate [a] positively to creditors’ chosen aggregate debt collection expenditures; [b] positively to management’s chosen expenditures to avoid paying; [c] positively to total net litigation costs/waste in financial distress; and [d] positively to accomplished claim recovery by creditors (to which we present some preliminary favorable empirical evidence). Under additional assumptions, measures of debt concentration relate [e] positively to intrinsic firm quality; …

Differentiated Products Demand Systems From A Combination Of Micro And Macro Data: The New Car Market, Steven T. Berry, James Levinsohn, Ariel Pakes

Cowles Foundation Discussion Papers

In this paper we provide an algorithm for estimating characteristic based demand models from alternative data sources, and apply it to new data on the market for passenger vehicles. We find that, provided care is taken in constructing the demand system and rich enough data are available, the characteristic based model can both rationalize existing results and provide realistic out of sample predictions.

Treasury And Federal Reserve Foreign Exchange Operations, Federal Reserve System: Federal Reserve Bank Of New York

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No abstract provided.

Thai Asset Management Company Press Release, Thai Asset Management Company

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No abstract provided.

Equilibrium Selection In Global Games With Strategic Complementarities, David M. Frankel, Stephen Morris, Ady Pauzner

Cowles Foundation Discussion Papers

We study games with strategic complementarities, arbitrary numbers of players and actions, and slightly noisy payoff signals. We prove limit uniqueness: as the signal noise vanishes, the game has a unique strategy profile that survives iterative dominance. This generalizes a result of Carlsson and van Damme (1993) for two player, two action games. The surviving profile, however, may depend on fine details of the structure of the noise. We provide sufficient conditions on payoffs for there to be noise-independent selection.

Summary Of The "Front-Loaded Reform Program", Government Of Japan: Cabinet Office

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No abstract provided.

Coalition Finalized Bill Adding To Rcc's Powers To Clear Loans, Unknown

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No abstract provided.

Thai Asset Management Company Press Release, Thai Asset Management Company

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No abstract provided.

Investments In Recapitalised Bi, Danamodal Nasional Berhad

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No abstract provided.

Tamc Must Not Be Used As A Tool For The Politically Connected, Business Day

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No abstract provided.

Nota Bene; Volume Xv, Number Iii, Yale University Library

Nota Bene

Nota Bene is published during the academic year to acquaint the Yale community and others with the resources of the Yale Library.

Yale Nursing Matters Fall 2001 / Winter 2002 Volume 3 Issue 1, Yale University School Of Nursing

Yale School of Nursing Alumni Newsletters and Magazines

Please contact the Medical Historical Library if you need a higher resolution version.

Sources Of Machine-Tool Industry Leadership In The 1990s: Overlooked Intrafirm Factors, Hiroyuki Chuma

Discussion Papers

No abstract provided.

Yale Medicine : Alumni Bulletin Of The School Of Medicine, Autumn 2001- Summer 2002, Yale University. School Of Medicine

Yale Medicine Magazine - alumni bulletin and magazine

This volume contains Yale medicine: alumni bulletin of the School of Medicine, v.36 (Autumn 2001-Summer 2002). Prepared in cooperation with the alumni and development offices at the School of Medicine. Earlier volumes are called Yale School of Medicine alumni bulletins, dating from v.1 (1953) through v.13 (1965).

Digitized with funding from the Arcadia fund, 2017.

Higher-Order Improvements Of The Parametric Bootstrap For Markov Processes, Donald W.K. Andrews

Cowles Foundation Discussion Papers

This paper provides bounds on the errors in coverage probabilities of maximum likelihood-based, percentile- t , parametric bootstrap confidence intervals for Markov time series processes. These bounds show that the parametric bootstrap for Markov time series provides higher-order improvements (over confidence intervals based on first order asymptotics) that are comparable to those obtained by the parametric and nonparametric bootstrap for iid data and are better than those obtained by the block bootstrap for time series. Additional results are given for Wald-based confidence regions. The paper also shows that k -step parametric bootstrap confidence intervals achieve the same higher-order improvements as …

Inflationary Bias In A Simple Stochastic Economy, Ioannis Karatzas, Martin Shubik, William D. Sudderth, John Geanakoplos

Cowles Foundation Discussion Papers

We construct explicit equilibria for strategic market games used to model an economy with fiat money, one nondurable commodity, countably many time- periods, and a continuum of agents. The total production of the commodity is a random variable that fluctuates from period to period. In each period, the agents receive equal endowments of the commodity, and sell them for cash in a market; their spending determines, endogenously, the price of the commodity. All agents have a common utility function, and seek to maximize their expected total discounted utility from consumption. Suppose an outside bank sets an interest rate rho for …

Chapter 7: The Mexican Crisis: No Mountain Too High?, James Boughton

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From Silent Revolution The International Monetary Fund 1979–1989

Banking, Currency, And Debt Meltdown: Ecuador Crisis In The Late 1990s, Augusto De La Torre, Roberto Garc­A-Saltos, Yira Mascaró

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No abstract provided.

From Crisis To Recovery In Korea: Strategy, Achievements, And Lessons, Kenneth Kang, Hong Liang, Henry Ma, Anthony J. Richards, Ajai Chopra, Meral Karasulu

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No abstract provided.

The Financial Crisis In Japan During The 1990s: How The Bank Of Japan Responded And The Lessons Learnt, Hiroshi Nakaso

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No abstract provided.

Comparing Wealth Effects: The Stock Market Versus The Housing Market, Karl E. Case, John M. Quigley, Robert J. Shiller

Cowles Foundation Discussion Papers

We examine the link between increases in housing wealth, financial wealth, and consumer spending. We rely upon a panel of 14 countries observed annually for various periods during the past 25 years and a panel of U.S. states observed quarterly during the 1980s and 1990s. We impute the aggregate value of owner-occupied housing, the value of financial assets, and measures of aggregate consumption for each of the geographic units over time. We estimate regressions relating consumption to income and wealth measures, finding a statistically significant and rather large effect of housing wealth upon household consumption.

Policy Speech By Prime Minister Junichiro Koizumi To The 153rd Session Of The Diet (Provisional Translation), Junichiro Koizumi

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No abstract provided.

Thai Banks Ready To Hand Over Burden Of Bad Loans, Amy Kazmin

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No abstract provided.

Act Amending Royal Proclamation On Thai Asset Management Company B.E. 2544 (2001), Bangkok Business & Secretarial Office Ltd

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No abstract provided.

Attack On America: The Consequences - Y2k Blueprint Helps Banks Coordinate Intervention, Greg Ip, David Wessel, Jim Vandehei, Jacob M. Schlesinger

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No abstract provided.

Jp/Ibra's Oc Launches Website, The Jakarta Post

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No abstract provided.