9 Works

Taking Action to Reduce Waste: Quantifying Impacts of Model Use in a Multiorganizational Sustainability Negotiation

Ellen Czaika & Noelle Selin

Every ambiguity isn't syntactic in nature: Testing the Rational Speech Act model of scope ambiguity

Sherry Yong Chen & Bob van Tiel

Modelling of fault slip: beyond Mohr-Coulomb?

Mauro Cacace, Guido Blöcher, Antoine B. Jacquey, Hannes Hofmann, Arno Zang , Günter Zimmermann, Oliver Heidbach, Christian Kluge & Magdalena Scheck-Wenderoth
GFZ, German Research Centre for Geosciences, Potsdam, Germany (1); MIT, Massachussets Institute of Technology, Cambridge, MA, USA (2); RWTH Aachen University, Aachen, Germany (3)

In this study, we carry out an evaluation of the potential for induced seismicity arising from hydraulic stimulation of low to intermediate enthalpy porous reservoirs, by taking the geothermal reservoir of Groß Schönebeck (northern Germany) as study case. The aim is to evaluate the spatial and temporal distribution of 26...

Modeling German Word Order Acquisition via Bayesian Inference

Annika L. Heuser & Polina Tsvilodub

Web-CDI: A system for online administration of the MacArthur-Bates Communicative Development Inventories

Benjamin Edward deMayo, Danielle Kellier, Mika Braginsky, Christina Bergmann, Cielke Hendriks, Caroline Rowland, Michael Frank & Virginia Marchman

A Q-Theory of Banks

Juliane Beganau, Saki Bigio, Jeremy Majerovitz & Matías Vieyra
"The Great Recession in 2009 forced researchers and policy-makers to rethink regulations of the financial system. There has been a renewed effort to understand the behaviour of banks, their objectives and constraints, and their role in the economy. This paper contributes to that end by studying how banks react to changes in the value of their assets (generated, for example, by defaults on their loans). We argue that it is important to distinguish between the...

Systematic Risk, Debt Maturity and the Term Structure of Credit Spreads

Hui Chen, Yu Xu & Jun Yang
We build a dynamic capital structure model to study the link between systematic risk exposure and debt maturity, as well as their joint impact on the term structure of credit spreads. Our model allows for time variation and lumpiness in the maturity structure. Relative to short-term debt, long-term debt is less prone to rollover risks, but its illiquidity raises the costs of financing. The risk premium embedded in the bankruptcy costs causes firms with high...

A Rate-Distortion view of human pragmatic reasoning

Noga Zaslavsky, Jennifer Hu & Roger P. Levy

Multivariate Realized Stock Market Volatility

Gregory H. Bauer & Keith Vorkink
We present a new matrix-logarithm model of the realized covariance matrix of stock returns. The model uses latent factors which are functions of both lagged volatility and returns. The model has several advantages: it is parsimonious; it does not require imposing parameter restrictions; and, it results in a positive-definite covariance matrix. We apply the model to the covariance matrix of size-sorted stock returns and find that two factors are sufficient to capture most of the...

Registration Year

  • 2021

Resource Types

  • Text


  • Massachusetts Institute of Technology
  • Bank of Canada
  • Stanford University
  • Max Planck Institute for Psycholinguistics
  • University of Pennsylvania
  • Princeton University
  • University of California, Los Angeles
  • National Bureau of Economic Research
  • Osnabrück University
  • RWTH Aachen University