The objective of this paper is to explore and identify inflation as it is embedded in a broad
range of asset classes beyond simply TIPS, oil, gold and real estate. The analysis is conducted …

The ability of oil investment vehicles to perfectly track spot oil has always been challenging;
however, recently many vehicles have underperformed spot oil. We study the behavior of oil …

… highlighted in this book by Ludwig Chincarini, an economist I have known for many years.
Both an academic and a financial market professional himself, Chincarini uses his economist’…

We document a robust pattern of beta declining over the age of a firm. We find that changes
in systematic risk via firm characteristics and life-cycle stages are insufficient to explain this …

A simple spatial economy derived from microeconomic foundations is presented to gain insight
into the formation of economic clusters. In this model, the formation of economic clusters …

The speculative activities of hedge funds are a hot topic among market agents and authorities.
In September 2006, the activities of Amaranth Advisors, a mid-sized Connecticut hedge …

In the last 20 years, the amount of assets managed by quantitative and qualitative hedge funds
have grown dramatically. We examine the difference between quantitative and qualitative …

Draft for regular US T-bill issues from 1987 to 1997, Grieves et al.[1999] are able to confirm
these earlier findings, and they also find that their results are relatively stable over time. In …

The objective of Bruno and Chincarini is to explore and identify the inflation embedded in a
broad range of asset classes beyond simplyTIPS, oil, gold, and real estate. Their analysis is …

This article examines the efficiency of the weather futures market traded on the CME in both
HDD and CDD futures contracts in 18 cities across the United States. Efficiency is examined …