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Financial impact of risk on municipal earnings

To evaluate the relation between regional earnings and risk across the US economy, this article uses a heteroscedastic model that captures earnings uncertainty. We then implement a nonlinear estimator that simultaneously estimates the variance of the econometric residual and the effect of the varian...

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Bibliographic Details
Institution:Escuela Colombiana de Ingeniería
Main Authors: Sarmiento, Camilo, Centro de Estudios Económicos
Format: Artículo de revista
Language:English
Published: Taylor and Francis Group 2007
Subjects:
Economía - Estados Unidos
Econometría
Economía matemática
Ganancias municipales - Estados Unidos
Finanzas - Estados Unidos
Economy - United States
Econometrics
Mathematical economics
Municipal Profits - United States
Finance - United States
Online Access:https://repositorio.escuelaing.edu.co/handle/001/2772
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