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Optimists and Pessimists in (In)Complete Markets
(2019-06-06)
We study the effects of market incompleteness on speculation, investor survival, and asset pricing moments, when investors disagree about the likelihood of jumps and have recursive preferences. We consider two models. In ...
Risk Pooling, Leverage, and the Business Cycle
(2020-02-25)
This paper studies the impact of financial sector size and leverage on business cycles and risk-free rates dynamics. We model a general equilibrium productive economy where financial intermediaries provide costly risk ...
When Should Retirees Tap Their Home Equity?
(2020-10-28)
This paper studies a household’s optimal demand for a reverse mortgage. These contracts allow homeowners to tap their home equity to finance consumption needs. In stylized frameworks, we show that the decision to enter a ...
PSID
The Panel Study of Income Dynamics (PSID) is the longest running longitudinal household survey in the world. The study began in 1968 with a nationally representative sample of over 18,000 individuals living in 5,000 families ...
Met Office
The Met Office is the national meteorological service for the UK. We provide critical weather services and world-leading climate science, helping you make better decisions to stay safe and thrive.
McKinsey
To provide a fact base on emissions-reduction opportunities and their associated cost and investment needs, McKinsey is continuously researching the topic of abatement or mitigation. We published our first global greenhouse ...
ZfKD
Das Zentrum für Krebsregisterdaten (ZfKD) im Robert Koch-Institut in Berlin führt die Daten der epidemiologischen Landeskrebsregister auf Bundesebene zusammen.
SSA
Since 2009, we have identifying high value data of particular interest to the public. Social Security has a long history of collecting data to carry out our mission so there is a treasure trove of information available for ...
IPCC
The Task Group on Data Support for Climate Change Assessments aims to provide guidance to the IPCC’s Data Distribution Centre on curation, traceability, stability, availability and transparency of data and scenarios related ...