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It is a pleasure to participate in this conference
and join in the recognition of Bill
Poole. My remarks build on two of Bill
Poole’s important contributions to monetary
theory: his 1970 Quarterly...
Identifying Predictable Players:Relating Behavioral Types and Subjects with Deterministic Rules
Predictable Players Relating Behavioral Types Subjects
2015/7/23
Behavioral game theory models are important in organizing experimental data of strategic decision making. However, are subjects classified as behavioral types more predictable than unclassified subjec...
The Maturity of Debt Issues and Predictable Variation in Bond Returns
Borrowing and Debt Bonds Investment Return Financial Markets Forecasting and Prediction
2015/5/13
The maturity of new debt issues predicts excess bond returns. When the share of long term debt issues in total debt issues is high, future excess bond returns are low. This predictive power comes in t...