𝔖 Bobbio Scriptorium
✦   LIBER   ✦

The Effects of Random and Discrete Sampling when Estimating Continuous–Time Diffusions

✍ Scribed by Yacine Aït–Sahalia; Per A. Mykland


Book ID
108556342
Publisher
John Wiley and Sons
Year
2003
Tongue
English
Weight
880 KB
Volume
71
Category
Article
ISSN
0012-9682

No coin nor oath required. For personal study only.


📜 SIMILAR VOLUMES


The real effects of inflation in continu
✍ Wai-Yip Alex Ho; James Yetman 📂 Article 📅 2007 🏛 John Wiley and Sons 🌐 English ⚖ 293 KB

## Abstract We demonstrate the important implications of the assumptions of discrete time in many sticky price models of the macroeconomy. For a given level of menu costs, discrete time models imply longer average contract length but smaller real effects of both trend inflation and monetary shocks