Carlo Galli. (UCL).   Is Inflation Default? The Role of Information in Debt Crises. Abstract: We study the information sensitivity of government debt denominated in domestic vs. foreign currency: the former is subject to inflation risk and the latter to default. Default only affects sophisticated bond traders, whereas inflation concerns a larger and […]

Pledge-and-Review Bargaining

    Bård Harstad. (University of Oslo).   Pledge-and-Review Bargaining.   Attendance confirmation.

Sovereign Debt Restructurings

    Maximiliano Dvorkin. ( Federal Reserve Bank of St. Louis).   Sovereign Debt Restructurings.   Attendance confirmation.

    Alexander Aue. (UC Davis).   Detecting deviations from stationarity of functional time series. Abstract: The advent of complex data has led to increased research in virtually all areas of statistics, including functional data analysis (FDA). Within the purview of FDA, the use of methods for serially correlated functions is often prudent. As for […]