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A Model of Homogeneous Input Demand Under Price Uncertainty
Price Uncertainty Homogeneous
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2015/7/31
This paper examines the empirical validity of a model of homogeneous input
demand under price uncertainty in which firms trade off expected input cost
against its variability (risk) in selecting t...
Homogeneous Volatility Bridge Estimators
volatility variance estimators efficiency Wiener processes homoge-neous functions
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2010/11/3
We present a theory of homogeneous volatility bridge estimators for log-price stochastic processes. The main tool of our theory is the parsimonious encoding of the information contained in the open, h...