English, Article edition: Financial impact of risk on municipal earnings Camilo Sarmiento

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Bookmark: http://trove.nla.gov.au/version/50594
Physical Description
  • article
Language
  • English

Edition details

Title
  • Financial impact of risk on municipal earnings
Author
  • Camilo Sarmiento
Physical Description
  • article
Notes
  • 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 variance on expected earnings. Estimation results show the association between risk and earnings for local economies.
  • RePEc:taf:apfelt:v:3:y:2007:i:2:p:95-98
Language
  • English
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