“...A defining feature of business cycles is the comovement of inputs at the sectoral level with aggregate activity. Standard models cannot account for this...”

“...We give a full characterization of the open-loop Nash equilibrium of a nonrenewable resource game between two types of firms differing in extraction costs. We...”

“...The Monte Carlo approach has proved to be a valuable and flexible computational tool in modern finance. This paper discusses some of the recent applications of...”

“...We consider the optimal capital accumulation policy of a competitive firm operating in the presence of decreasing returns to scale, price uncertainty, and...”

“...This article describes the approach to computing the version of the stochastic growth model with idiosyncratic and aggregate risk that relies on collapsing the...”

“...We investigate the predictability of both volatility and volume for a large sample of Japanese stocks. The particular emphasis of this paper is on assessing...”

“...We analyze the effects of socially responsible investment and public abatement on environmental quality and the economy in a continuous-time dynamic growth...”

“...We estimate the approximate non-linear solution of a small DSGE model on euro area data, using the conditional particle filter to compute the model likelihood...”

“...This paper investigates the stable distribution as a model of profit in motion pictures. The skew of this distribution and its Paretian tails capture with...”

“...Considering the three first moments and allowing short sales, the efficient portfolios set for n risky assets and a riskless one is found, supposing that...”