Zobrazeno 1 - 10
of 26
pro vyhledávání: '"Scott F. Richard"'
Publikováno v:
SSRN Electronic Journal.
We use market data on corporate bonds and equities to measure the value of U.S. corporate assets and their payouts to investors. In contrast to per share equity dividends, total corporate payouts are very volatile, turn negative when corporations rai
Autor:
Allan H. Meltzer, Scott F. Richard
Publikováno v:
Research in Economics. 69:265-290
This paper is a positive theory of the distribution of income and the growth rate of the economy. It builds on our earlier work ( Meltzer and Richard, 1981 ) on the size of government. How does the distribution of income change as an economy grows? T
Autor:
Scott F. Richard
Publikováno v:
Journal of Financial Economics. 125:416
Autor:
Scott F. Richard
Publikováno v:
The Journal of Fixed Income. 1:54-58
Autor:
Scott F. Richard, Andreu Mas-Colell
Publikováno v:
Journal of Economic Theory. 53:1-11
Motivated by recent work of Huang and Kreps it is shown that the existence of a general equilibrium in an exchange economy whose commodity space is a vector lattice is guaranteed if (in addition to standard hypotheses) the price space is also a latti
Publikováno v:
Handbook of Finance
Portfolio managers will seek to control the interest rate risk and credit risk of a portfolio using the most effective means possible. By effective, we mean that changes in the risk exposure of a portfolio can be done quickly and at minimal transacti
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::99138f34e3e0a79f3f49249f5db671cc
https://doi.org/10.1002/9780470404324.hof003017
https://doi.org/10.1002/9780470404324.hof003017
Autor:
Scott F. Richard
Publikováno v:
Carnegie-Rochester Conference Series on Public Policy. 20:239-242
Autor:
Scott F. Richard
Publikováno v:
Management Science. 22:12-21
This paper concerns utility functions for more than one attribute. A new type of risk aversion found only in muitivariate utility functions is defined. Certain behavioral assumptions, which are necessary and sufficient for one of three forms of separ
Autor:
Scott F. Richard
Publikováno v:
Journal of Financial Economics. 2:187-203
A continuous time model for optimal consumption, portfolio and life insurance rules, for an investor with an arbitrary but known distribution of lifetime, is derived as a generalization of the model by Merton (1971). The classic Tobin-Markowitz separ
Autor:
Allan H Meltzer, Scott F. Richard
Publikováno v:
Public Choice. 41:403-418
In many countries, the political party holding power changes more frequently than the trend growth rates in government spending and taxes. Shifts of political power are often preceded by rhetoric about ‘meeting needs’ or cutting taxes, which post