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Scope and Roadmap for Discussion 2
Role of Government 16
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4-year institution aggregate analysis Andrei Shleifer asset prices average bias biases Bureau of Economic cash-flow changes correlation CRSP distribution Economic Research effects EHTS elasticities empirical employment equation equity error estimates eurodollar event-study evidence example expected returns federal funds rate Ferson firms FOMC free reserves function Germany graduation Hanushek hypothesis impact implied increase inflation inputs institutional ownership Interest Rate Parity interest rates investment Journal of Finance logit model long horizons measure monetary policy mutual funds NBER Working Papers nested logit nontransferability number of products numeraire outcomes output Panel papers in hard parameters Partial Subscription Paul Beaudry percent policy shocks portfolio primitive assets ratio response risk premium sample schools significant specification statistics Stochastic Discount Factors stock return studies SUNY Table teacher trading transfer students U.S. dollars U1RP UIRP underreaction USD-DEM USD-GBP variables variance variance ratio statistic variation vector wage www.nber.org zero