It is well known that the probability distribution of stock returns is non-Gaussian. The tails of the distribution are too “fat,” meaning that extreme price movements, such as stock market crashes, occur more often than ...

We consider a dynamic pricing problem where a firm sells one item to a single buyer in order to maximize expected revenues. The firm commits to a price function over an infinite horizon. The buyer arrives at some random ...

This paper provides the first survey of slave prices for Santiago de Chile, c.1773-1822. It also establishes the main determinants of slave prices during this period. We gathered and analysed over 3,800 sale operations. ...

Apresentação do palestrante Allan Timmermann - University of California San Diego no contexto do evento "The Economics and Econometrics of Commodity Prices". Mais informações em: http://epge.fgv.br/conferencias/commodity ...

This paper presents results of a pricing system to compute the option adjusted spread ('DAS') of Eurobonds issued by Brazilian firms. The system computes the 'DAS' over US treasury rates taktng imo account the embedded ...

© 2018, Springer Science+Business Media, LLC, part of Springer Nature.This paper investigates the dynamic effects of price promotions in a retail setting through the use of a large-scale field experiment varying the promotion ...

Esta tese tem como objetivo principal aproximar a evidencia empirica existente sobre os agregados macroeconomicos com as novas evidencias empiricas baseadas nos micro dados de precos ao consumidor, tendo como base os modelos ...