Asymptotic properties of Monte Carlo estimators of diffusion processes
This paper studies the limit distributions of Monte Carlo estimators of diffusion processes.
We examine two types of estimators based on the Euler scheme, one applied to the original …
We examine two types of estimators based on the Euler scheme, one applied to the original …
Equity Premium: Interaction of Belief Heterogeneity and Distribution of Wealth?
F Taddei - Available at SSRN 752965, 2003 - papers.ssrn.com
Abandoning the representative agent framework to introduce heterogeneity of beliefs across
different agents allows us to build a link between wealth distribution and the equity premium …
different agents allows us to build a link between wealth distribution and the equity premium …
[PDF][PDF] THE CARLO ALBERTO NOTEBOOKS
F Taddei - 2007 - Citeseer
I analyze the equilibrium level of liquidity and its relevance for the allocation of credit, when
the notion of liquidity is related to private information. The general equilibrium analysis …
the notion of liquidity is related to private information. The general equilibrium analysis …
[图书][B] Essays on capital markets
F Taddei - 2005 - search.proquest.com
In Chapter 1, I analyze the equilibrium level of liquidity and its relevance for the allocation of
credit, when the notion of liquidity is related to private information. The general equilibrium …
credit, when the notion of liquidity is related to private information. The general equilibrium …
[PDF][PDF] Incomplete Information, Heterogeneous Beliefs and Bounded Rationality
T Berrada - 2003 - researchgate.net
We consider a continuous time pure exchange economy with incomplete information
populated by agents with heterogeneous beliefs and learning rules. There is a bayesian …
populated by agents with heterogeneous beliefs and learning rules. There is a bayesian …