<?xml version="1.0" encoding="UTF-8" ?>
<rss version="2.0" xmlns:s="http://www.techrepublic.com/search" xmlns:dc="http://purl.org/dc/elements/1.1/"  xmlns:atom="http://www.w3.org/2005/Atom">
<channel>
    <title><![CDATA[Research Library - White Papers, Webcasts and Case Studies - TechRepublic ]]></title>
    <link><![CDATA[http://www.techrepublic.com/research-library]]></link>
    <atom:link rel="hub" type="application/rss+xml" href="http://pubsubhubbub.appspot.com/" />
    <atom:link rel="self" type="application/rss+xml" href="http://www.techrepublic.com/research-library/norges+bank?mode=rss" />

    <description><![CDATA[]]></description>
    <s:counts start="" returned="" found="" />
    <language>en-us</language>
    <lastBuildDate>2013-05-23T12:41:16-07:00</lastBuildDate>
            <item>
        <title><![CDATA[What Captures Liquidity Risk? A Comparison Of Trade And Order Based Liquidity Factors]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/what-captures-liquidity-risk-a-comparison-of-trade-and-order-based-liquidity-factors/2954457]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[Is the effect of liquidity risk on asset prices sensitive to the choice of liquidity proxy? In addressing this fundamental question, the authors achieve two main results. First, when they estimate...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/what-captures-liquidity-risk-a-comparison-of-trade-and-order-based-liquidity-factors/2954457]]></guid>
        <pubDate>Fri, 01 Jul 2011 07:22:08 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Life-cycle Patterns Of Interest Rate Markups In Small Firm Finance]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/life-cycle-patterns-of-interest-rate-markups-in-small-firm-finance/2954453]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[The authors derive empirical implications from a stylized theoretical model of bank-borrower relationships. Banks' interest rate markups are predicted to follow a life-cycle pattern over the...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/life-cycle-patterns-of-interest-rate-markups-in-small-firm-finance/2954453]]></guid>
        <pubDate>Fri, 01 Jul 2011 07:21:07 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Rule-Of-Thumb Consumers, Productivity And Hours]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/rule-of-thumb-consumers-productivity-and-hours/2954449]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[In this paper, the authors study the transmission mechanisms of productivity shocks in a model with rule-of-thumb consumers. In the literature, this financial friction has been studied only with...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/rule-of-thumb-consumers-productivity-and-hours/2954449]]></guid>
        <pubDate>Fri, 01 Jul 2011 07:20:05 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[A Quantitative Discursive Dilemma]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/a-quantitative-discursive-dilemma/2954433]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[The typical judgment aggregation problem in economics and other fields is the following: A group of people has to judge (estimate) the value of an uncertain variable y which is a function of k...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/a-quantitative-discursive-dilemma/2954433]]></guid>
        <pubDate>Fri, 01 Jul 2011 07:16:00 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Nowcasting Norwegian GDP: The Role Of Asset Prices In A Small Open Economy]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/nowcasting-norwegian-gdp-the-role-of-asset-prices-in-a-small-open-economy/2954429]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[This paper finds that asset prices on Oslo Stock Exchange is the single most important block of data to improve estimates of current quarter GDP in Norway. Other important blocks of data are labor...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/nowcasting-norwegian-gdp-the-role-of-asset-prices-in-a-small-open-economy/2954429]]></guid>
        <pubDate>Fri, 01 Jul 2011 07:14:58 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Estimating The Natural Rates In A Simple New Keynesian Framework]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/estimating-the-natural-rates-in-a-simple-new-keynesian-framework/2954413]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[The time-varying natural rate of interest and output and the implied medium-term inflation target for the US economy are estimated over the period 1983-2005. The estimation is conducted within the...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/estimating-the-natural-rates-in-a-simple-new-keynesian-framework/2954413]]></guid>
        <pubDate>Fri, 01 Jul 2011 07:10:53 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Liquidity And Asset Pricing: Evidence On The Role Of Investor Holding Period]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/liquidity-and-asset-pricing-evidence-on-the-role-of-investor-holding-period/2954409]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[The authors use data on actual holding periods for all investors in a stock market over a 10 year period to investigate the links between holding periods, liquidity, and asset returns....]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/liquidity-and-asset-pricing-evidence-on-the-role-of-investor-holding-period/2954409]]></guid>
        <pubDate>Fri, 01 Jul 2011 07:09:51 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Robust-satisficing Monetary Policy Under Parameter Uncertainty]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/robust-satisficing-monetary-policy-under-parameter-uncertainty/2954393]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[The authors employ the robust-satisficing approach to derive robust monetary policy when parameters of a macro model are uncertain. There is a trade-off between robustness of policies and their...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/robust-satisficing-monetary-policy-under-parameter-uncertainty/2954393]]></guid>
        <pubDate>Fri, 01 Jul 2011 07:05:46 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Combining Forecast Densities From VARs With Uncertain Instabilities]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/combining-forecast-densities-from-vars-with-uncertain-instabilities/2954381]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[Clark and McCracken (2008) argue that combining real-time point forecasts from VARs of output, prices and interest rates improves point forecast accuracy in the presence of uncertain model...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/combining-forecast-densities-from-vars-with-uncertain-instabilities/2954381]]></guid>
        <pubDate>Fri, 01 Jul 2011 07:02:42 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[The Risk Components Of Liquidity]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/the-risk-components-of-liquidity/2954373]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[Does liquidity risk differ depending on the choice of liquidity proxy? Unlike literature that considers common liquidity variation, the authors focus on identifying different components of...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/the-risk-components-of-liquidity/2954373]]></guid>
        <pubDate>Fri, 01 Jul 2011 06:59:38 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Business Cycle Analysis And VARMA Models]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/business-cycle-analysis-and-varma-models/2954367]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[Can long-run identified Structural Vector AutoRegressions (SVARs) discriminate between competing models in practice? Several authors have suggested SVARs fail partly because they are finite-order...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/business-cycle-analysis-and-varma-models/2954367]]></guid>
        <pubDate>Fri, 01 Jul 2011 06:56:34 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Does Monetary Policy React To Asset Prices? Some International Evidence]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/does-monetary-policy-react-to-asset-prices-some-international-evidence/2954365]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[This paper attempts to measure the reaction of monetary policy to the stock market. The authors apply the procedure of Rigobon and Sack (2003) to identify and estimate a VAR in the presence of...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/does-monetary-policy-react-to-asset-prices-some-international-evidence/2954365]]></guid>
        <pubDate>Fri, 01 Jul 2011 06:55:32 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Fiscal Shocks And Real Rigidities]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/fiscal-shocks-and-real-rigidities/2954353]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[In this paper, the authors show that empirically plausible results on the effects of fiscal shocks in Gal&iacute;, L&oacute;pez-Salido and Vall&eacute;s (2007) rely on a high degree of price stickiness and a large...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/fiscal-shocks-and-real-rigidities/2954353]]></guid>
        <pubDate>Fri, 01 Jul 2011 06:49:24 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Liquidity And The Business Cycle]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/liquidity-and-the-business-cycle/2954351]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[The authors show evidence of a contemporaneous relation between stock market liquidity and the business cycle. Stock market liquidity worsen when the economy is slowing down, and this effect is...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/liquidity-and-the-business-cycle/2954351]]></guid>
        <pubDate>Fri, 01 Jul 2011 06:48:23 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Does The Law Of One Price Hold In International Financial Markets? Evidence From Tick Data]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/does-the-law-of-one-price-hold-in-international-financial-markets-evidence-from-tick-data/2953391]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[This paper investigates the validity of the Law of One Price (LOP) in international financial markets by examining the frequency, size and duration of inter-market price differentials for...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/does-the-law-of-one-price-hold-in-international-financial-markets-evidence-from-tick-data/2953391]]></guid>
        <pubDate>Fri, 01 Jul 2011 06:38:03 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Communicating Monetary Policy Intentions: The Case Of Norges Bank]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/communicating-monetary-policy-intentions-the-case-of-norges-bank/2953389]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[Monetary policy works mainly through private agents' expectations. How precisely future policy intentions are communicated has, according to theory, implications for the outcome of monetary...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/communicating-monetary-policy-intentions-the-case-of-norges-bank/2953389]]></guid>
        <pubDate>Fri, 01 Jul 2011 06:37:01 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Estimating The Output Gap In Real Time: A Factor Model Approach]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/estimating-the-output-gap-in-real-time-a-factor-model-approach/2953379]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[An approximate dynamic factor model can substantially improve the reliability of real time output gap estimates. The model extracts a common component from macroeconomic indicators, which reduces...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/estimating-the-output-gap-in-real-time-a-factor-model-approach/2953379]]></guid>
        <pubDate>Fri, 01 Jul 2011 06:31:52 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[The Role Of House Prices In The Monetary Policy Transmission Mechanism In The U.S.]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/the-role-of-house-prices-in-the-monetary-policy-transmission-mechanism-in-the-us/2953377]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[The authors analyze the role of house prices in the monetary policy transmission mechanism in the U.S. using structural VARs. The VAR is identified using a combination of short-run and long-run...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/the-role-of-house-prices-in-the-monetary-policy-transmission-mechanism-in-the-us/2953377]]></guid>
        <pubDate>Fri, 01 Jul 2011 06:30:50 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[The Role Of House Prices In The Monetary Policy Transmission Mechanism In Small Open Economies]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/the-role-of-house-prices-in-the-monetary-policy-transmission-mechanism-in-small-open-economies/2953361]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[The authors analyse the role of house prices in the monetary policy transmission mechanism in Norway, Sweden and the UK using structural VARs. A solution is proposed to the endogeneity problem of...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/the-role-of-house-prices-in-the-monetary-policy-transmission-mechanism-in-small-open-economies/2953361]]></guid>
        <pubDate>Fri, 01 Jul 2011 06:22:11 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[The Political Economy Of Fiscal Deficits And Government Production]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/the-political-economy-of-fiscal-deficits-and-government-production/2953359]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[This paper analyzes a framework where policymakers decide how to spend public resources on physical capital and labor in order to produce two public goods. Candidate policymakers disagree about...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/the-political-economy-of-fiscal-deficits-and-government-production/2953359]]></guid>
        <pubDate>Fri, 01 Jul 2011 06:21:09 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Monetary Policy And Exchange Rate Overshooting: Dornbusch Was Right After All]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/monetary-policy-and-exchange-rate-overshooting-dornbusch-was-right-after-all/2953355]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[Dornbusch's exchange rate overshooting hypothesis is a central building block in international macroeconomics. Yet, empirical studies of monetary policy have typically found exchange rate effects...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/monetary-policy-and-exchange-rate-overshooting-dornbusch-was-right-after-all/2953355]]></guid>
        <pubDate>Fri, 01 Jul 2011 06:19:06 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Forecast Accuracy And Economic Gains From Bayesian Model Averaging Using Time Varying Weight]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/forecast-accuracy-and-economic-gains-from-bayesian-model-averaging-using-time-varying-weight/2953353]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[Several Bayesian model combination schemes, including some novel approaches that simultaneously allow for parameter uncertainty, model uncertainty and robust time varying model weights, are...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/forecast-accuracy-and-economic-gains-from-bayesian-model-averaging-using-time-varying-weight/2953353]]></guid>
        <pubDate>Fri, 01 Jul 2011 06:18:05 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Bootstrapping The Likelihood Ratio Cointegration Test In Error Correction Models With Unknown Lag Order]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/bootstrapping-the-likelihood-ratio-cointegration-test-in-error-correction-models-with-unknown-lag-order/2953349]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[The authors investigate the small-sample size and power properties of bootstrapped likelihood ratio systems cointegration tests via Monte Carlo simulations when the true lag order of the data...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/bootstrapping-the-likelihood-ratio-cointegration-test-in-error-correction-models-with-unknown-lag-order/2953349]]></guid>
        <pubDate>Fri, 01 Jul 2011 06:16:02 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Social Capital And The Viability Of Stakeholder-Oriented Firms: Evidence From Norwegian Savings Banks]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/social-capital-and-the-viability-of-stakeholder-oriented-firms-evidence-from-norwegian-savings-banks/2953345]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[Stakeholder oriented governance systems are often thought to hamper efficiency. The authors show that social capital improves the viability of stakeholder-oriented firms in competitive markets....]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/social-capital-and-the-viability-of-stakeholder-oriented-firms-evidence-from-norwegian-savings-banks/2953345]]></guid>
        <pubDate>Fri, 01 Jul 2011 06:13:58 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Macro Modelling With Many Models]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/macro-modelling-with-many-models/2953343]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[The authors argue that the next generation of macro modellers at Inflation Targeting central banks should adapt a methodology from the weather forecasting literature known as 'Ensemble modelling'....]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/macro-modelling-with-many-models/2953343]]></guid>
        <pubDate>Fri, 01 Jul 2011 06:12:57 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Bagehot For Beginners: The Making Of Lending Of Last Resort Operations In The Mid-19th Century]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/bagehot-for-beginners-the-making-of-lending-of-last-resort-operations-in-the-mid-19th-century/2953323]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[In this paper, the authors survey the development of lending of last resort operations in the mid-19th century. They identify and document critical dimensions of the extension of lending of last...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/bagehot-for-beginners-the-making-of-lending-of-last-resort-operations-in-the-mid-19th-century/2953323]]></guid>
        <pubDate>Fri, 01 Jul 2011 06:02:42 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Combining VAR And DSGE Forecast Densities]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/combining-var-and-dsge-forecast-densities/2953321]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[A popular macroeconomic forecasting strategy takes combinations across many models to hedge against instabilities of unknown timing; see (among others) Stock and Watson (2004), Clark and McCracken...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/combining-var-and-dsge-forecast-densities/2953321]]></guid>
        <pubDate>Fri, 01 Jul 2011 06:01:40 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[The Information Content Of Market Liquidity: An Empirical Analysis Of Liquidity At The Oslo Stock Exchange?]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/the-information-content-of-market-liquidity-an-empirical-analysis-of-liquidity-at-the-oslo-stock-exchange/2953315]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[The authors investigate the information content of aggregate stock market liquidity and ask whether it may be a useful realtime indicator, both for financial stress, and real economic activity in...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/the-information-content-of-market-liquidity-an-empirical-analysis-of-liquidity-at-the-oslo-stock-exchange/2953315]]></guid>
        <pubDate>Fri, 01 Jul 2011 05:58:36 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Optimality Of Prompt Corrective Action In A Continuous - Time Model With Recapitalization Possibility]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/optimality-of-prompt-corrective-action-in-a-continuous-time-model-with-recapitalization-possibility/2953311]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[Prompt Corrective Action (PCA) is a system of predetermined capital/asset ratios that trigger supervisory actions by a banking regulator. The authors' paper addresses the optimality of this...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/optimality-of-prompt-corrective-action-in-a-continuous-time-model-with-recapitalization-possibility/2953311]]></guid>
        <pubDate>Fri, 01 Jul 2011 05:56:33 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Mean Reversion In Profitability For Non-listed Firms]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/mean-reversion-in-profitability-for-non-listed-firms/2953309]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[The presence of mean reversion in profitability at the firm level is important for valuation and prediction of growth and earnings. The authors investigate the mean reversion in accounting...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/mean-reversion-in-profitability-for-non-listed-firms/2953309]]></guid>
        <pubDate>Fri, 01 Jul 2011 05:55:32 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Simple Rules Versus Optimal Policy: What Fits?]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/simple-rules-versus-optimal-policy-what-fits/2953305]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[The authors estimate a small open-economy DSGE model for Norway with two specifications of monetary policy: a simple instrument rule and optimal policy based on an intertemporal loss function. The...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/simple-rules-versus-optimal-policy-what-fits/2953305]]></guid>
        <pubDate>Fri, 01 Jul 2011 05:53:29 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Why Do People Give Less Weight To Advice The Further It Is From Their Initial Opinion?]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/why-do-people-give-less-weight-to-advice-the-further-it-is-from-their-initial-opinion/2953301]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[Experimental studies on decision making based on advice received from others find that the weight put on the advice is negatively related to the distance between the advice and the decision...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/why-do-people-give-less-weight-to-advice-the-further-it-is-from-their-initial-opinion/2953301]]></guid>
        <pubDate>Fri, 01 Jul 2011 05:51:24 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Weights And Pools For A Norwegian Density Combination]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/weights-and-pools-for-a-norwegian-density-combination/2953297]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[The authors apply a suite of models to produce quasi-real-time density forecasts of Norwegian GDP and inflation, and evaluate different combination and selection methods using the Kullback-Leibler...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/weights-and-pools-for-a-norwegian-density-combination/2953297]]></guid>
        <pubDate>Fri, 01 Jul 2011 05:49:21 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Conditional Forecasts In DSGE Models]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/conditional-forecasts-in-dsge-models/2953293]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[New-generation DSGE models are sometimes misspecified in dimensions that matter for their forecasting performance. The paper suggests one way to improve the forecasts of a DSGE model using...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/conditional-forecasts-in-dsge-models/2953293]]></guid>
        <pubDate>Fri, 01 Jul 2011 05:47:18 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[The Taylor Principle In A Medium-scale Macroeconomic Model]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/the-taylor-principle-in-a-medium-scale-macroeconomic-model/2953289]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[The Taylor Principle is often used to explain macroeconomic stability (see, e.g., Clarida et al. 2000). The reason is that this simple principle guarantees determinacy, i.e., local uniqueness of...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/the-taylor-principle-in-a-medium-scale-macroeconomic-model/2953289]]></guid>
        <pubDate>Fri, 01 Jul 2011 05:45:16 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Why Do Firms Pay For Liquidity Provision In Limit Order Markets?]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/why-do-firms-pay-for-liquidity-provision-in-limit-order-markets/2953273]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[In recent years, a number of electronic limit order markets have reintroduced market makers for some securities (Designated Market Makers). This trend has mainly been initiated by financial...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/why-do-firms-pay-for-liquidity-provision-in-limit-order-markets/2953273]]></guid>
        <pubDate>Fri, 01 Jul 2011 05:37:05 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Government Spending Shocks And Rule-of-thumb Consumers: The Role Of Steady State Inequality]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/government-spending-shocks-and-rule-of-thumb-consumers-the-role-of-steady-state-inequality/2953267]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[Gal&iacute;, L&oacute;pez-Salido, and Vall&eacute;s (2007) suggest that because part of the population follows a rule-of-thumb by which they spend their entire disposable income each period, private consumption...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/government-spending-shocks-and-rule-of-thumb-consumers-the-role-of-steady-state-inequality/2953267]]></guid>
        <pubDate>Fri, 01 Jul 2011 05:34:01 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Voting When The Stakes Are High]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/voting-when-the-stakes-are-high/2953263]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[Rational choice theories of electoral participation stress that an individual's decision to vote depends on her expected net benefit from doing so. If this instrumental motive is relevant, then...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/voting-when-the-stakes-are-high/2953263]]></guid>
        <pubDate>Fri, 01 Jul 2011 05:31:58 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[Oil And US GDP: A Real-Time Out-Of-Sample Examination]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/oil-and-us-gdp-a-real-time-out-of-sample-examination/2953259]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[The authors study the real-time Granger-causal relationship between crude oil prices and US GDP growth through a simulated Out-Of-Sample (OOS) forecasting exercise; they also provide strong...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/oil-and-us-gdp-a-real-time-out-of-sample-examination/2953259]]></guid>
        <pubDate>Fri, 01 Jul 2011 05:29:55 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
            <item>
        <title><![CDATA[The Long-run Exchange Rate For NOK: A BEER Approach]]></title>
        <link><![CDATA[http://www.techrepublic.com/whitepapers/the-long-run-exchange-rate-for-nok-a-beer-approach/2953257]]></link>
        <s:doctype><![CDATA[White Papers]]></s:doctype>
        <description><![CDATA[This paper investigates a long-run relation for the trade weighted NOK exchange rate. The author finds that the NOK Trade Weighted Index (TWI) cointegrates with the real oil price, the price...]]></description>
        <guid><![CDATA[http://www.techrepublic.com/whitepapers/the-long-run-exchange-rate-for-nok-a-beer-approach/2953257]]></guid>
        <pubDate>Fri, 01 Jul 2011 05:28:53 -0700</pubDate>
        <enclosure url="" type="image/jpeg" />
        
    </item>
    </channel>
</rss>

