Details about Bent E. Sorensen

Access statistics for papers by Bent E. Sorensen.

Last updated 2009-11-04. Update your information in the RePEc Author Service.

Short-id: pso113

Working Papers

2009

1. House prices and risk sharing
   New England Public Policy Center Working Paper, Federal Reserve Bank of Boston

2007

2. Financial Integration within EU Countries: The Role of Institutions, Confidence and Trust
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
3. Risk Sharing among OECD and EU Countries: The Role of Capital Gains, Capital Income, Transfers, and Saving
   MPRA Paper, University Library of Munich, Germany View citations

2006

4. FU.S. banking deregulation, small businesses, and interstate insurance of personal income
   Working Paper, Norges Bank
   Also in Working Papers, Department of Economics, University of Houston (2005) View citations
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations
   See also Journal Article in Journal of Finance (2007)
5. Why Does Capital Flow to Rich States?
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005)
   Working Papers, Department of Economics, University of Houston (2005) View citations

2005

6. Home Bias and International Risk Sharing: Twin Puzzles Separated at Birth
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
   See also Journal Article in Journal of International Money and Finance (2007)
7. Net Capital Flows and Productivity: Evidence from U.S. States
   The Institute for International Integration Studies Discussion Paper Series, IIIS View citations
8. What Can Explain Excess Smoothness and Sensitivity of State-Level Consumption?
   Working Papers, Department of Economics, University of Houston View citations
   See also Journal Article in The Review of Economics and Statistics (2008)

2004

9. Asymmetric Shocks and Risk Sharing in a Monetary Union: Updated Evidence and Policy Implications for Europe
   Working Papers, Department of Economics, University of Houston View citations
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations
10. The Buffer Stock Model and the Aggregate Propensity to Consume
    Econometric Society 2004 North American Summer Meetings, Econometric Society
11. The Buffer-Stock Model and the Aggregate Propensity to Consume: A Panel-Data Study of the US States
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

2001

12. Consumption and Aggregate Constraints: Evidence from US States and Canadian Provinces
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in Research Working Paper, Federal Reserve Bank of Kansas City (2000) View citations
    See also Journal Article in Journal of Political Economy (2002)

2000

13. Risk Sharing and Sectoral Specialization: Regional and International Evidence
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society
14. Risk sharing and industrial specialization; regional and international evidence
    Research Working Paper, Federal Reserve Bank of Kansas City View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1999) View citations
    Working Papers, Tel Aviv (1999) View citations
    JCPR Working Papers, Northwestern University/University of Chicago Joint Center for Poverty Research (1999) View citations

1999

15. Industrial specialization and the asymmetry of shocks across regions
    Research Working Paper, Federal Reserve Bank of Kansas City View citations
16. Output Fluctuations and Fiscal Policy: U.S. State and Local Governments 1978-1994
    Working Papers, Tel Aviv
    Also in Research Working Paper, Federal Reserve Bank of Kansas City (1999)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (1999)
    See also Journal Article in European Economic Review (2001)

1998

17. Consumption Smoothing through Fiscal Policy in OECD and EU Countries
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Working Papers, Tel Aviv (1997) View citations
18. Permanent Income, Consumption and Aggregate Constraints: Evidence from US States
    FMG Discussion Papers, Financial Markets Group
    Also in Working Papers, Tel Aviv (1998)

1997

19. Federal Insurance of the U.S. States: An Empirical Investigation
    Working Papers, Tel Aviv View citations
20. Income and Consumption Smoothing Among US States: Regions or Clubs?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in Working Papers, Tel Aviv (1996) View citations
    Discussion Papers, University of Copenhagen. Department of Economics (1996) View citations

1996

21. International Risk Sharing and European Monetary Unification
    Working Papers, Tel Aviv View citations
    See also Journal Article in Journal of International Economics (1998)
22. Modelling Exchange Rates in Continuous Time: Estimation and Option Pricing
    Archive Working Papers, Birkbeck, Department of Economics, Mathematics & Statistics

1995

23. CONTINUOUS TIME INTERNATIONAL ARBITRAGE PRICING: THEORY AND ESTIMATION
    Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge
24. Channels of Interstate Risksharing: U.S. 1963-1990
    Working Papers, Tel Aviv View citations
25. GMM Estimation of a Stochastic Volatility Model: A Monte Carlo Study
    Discussion Papers, University of Copenhagen. Department of Economics View citations
    Also in Computing in Economics and Finance 1997, Society for Computational Economics
    See also Journal Article in Journal of Business & Economic Statistics (1996)
26. Worker Flows and Job Flows in Danish Manufacturing, 1980-91
    Discussion Papers, University of Copenhagen. Department of Economics View citations
    See also Journal Article in Economic Journal (1998)

1994

27. Modelling Exchange Rates in Continuous Time: Theory, Estimation and Option Pricing
    Discussion Papers, University of Copenhagen. Department of Economics

1992

28. Multivariate Tests of a Continuous Time Equilibrium Arbitrage Pricing Theory with Conditional Heteroscadasticity and Jumps
    Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge
    Also in Discussion Papers, University of Copenhagen. Department of Economics
    CEPR Financial Markets Paper, European Science Foundation Network in Financial Markets, c/o C.E.P.R, 53--56 Great Sutton Street, London EC1V 0DG (1992)

1989

29. Cheats, Banks and Liquidity Constraints
    Discussion Papers, University of Copenhagen. Department of Economics

Journal Articles

2008

1. What Can Explain Excess Smoothness and Sensitivity of State-Level Consumption?
   The Review of Economics and Statistics, 2008, 90, (1), 65-80 View citations
   See also Working Paper (2005)

2007

2. Banking deregulation helps small business owners stabilize their income
   The Regional Economist, 2007, (Apr), 10-11
3. Home bias and international risk sharing: Twin puzzles separated at birth
   Journal of International Money and Finance, 2007, 26, (4), 587-605 View citations
   See also Working Paper (2005)
4. Producer Prices versus Consumer Prices in the Measurement of Risk Sharing
   Applied Economics Quarterly (formerly: Konjunkturpolitik), 2007, 53, (1), 3-17 View citations
5. U.S. Banking Deregulation, Small Businesses, and Interstate Insurance of Personal Income
   Journal of Finance, 2007, 62, (6), 2763-2801 View citations
   See also Working Paper (2006)

2002

6. Consumption and Aggregate Constraints: Evidence from U.S. States and Canadian Provinces
   Journal of Political Economy, 2002, 110, (3), 634-645 View citations
   See also Working Paper (2001)

2001

7. Economic integration, industrial specialization, and the asymmetry of macroeconomic fluctuations
   Journal of International Economics, 2001, 55, (1), 107-137 View citations
8. Is state fiscal policy asymmetric over the business cycle?
   Economic Review, 2001, (Q III), 43-64 View citations
9. Output fluctuations and fiscal policy: U.S. state and local governments 1978-1994
   European Economic Review, 2001, 45, (7), 1271-1310 View citations
   See also Working Paper (1999)

2000

10. Is risk sharing in the United States a regional phenomenon?
    Economic Review, 2000, (Q II), 33-47 View citations
11. The demand for risky assets: Sample selection and household portfolios
    Journal of Econometrics, 2000, 97, (1), 117-144 View citations

1999

12. Efficient method of moments estimation of a stochastic volatility model: A Monte Carlo study
    Journal of Econometrics, 1999, 91, (1), 61-87 View citations

1998

13. International risk sharing and European monetary unification
    Journal of International Economics, 1998, 45, (2), 211-238 View citations
    See also Working Paper (1996)
14. Worker Flows and Job Flows in Danish Manufacturing, 1980-91
    Economic Journal, 1998, 108, (451), 1750-71 View citations
    See also Working Paper (1995)

1997

15. GMM and QML asymptotic standard deviations in stochastic volatility models: Comments on Ruiz (1994)
    Journal of Econometrics, 1997, 76, (1-2), 397-403 View citations

1996

16. A Continuous-Time Arbitrage-Pricing Model with Stochastic Volatility and Jumps
    Journal of Business & Economic Statistics, 1996, 14, (1), 31-43 View citations
17. Channels of Interstate Risk Sharing: United States 1963-1990
    The Quarterly Journal of Economics, 1996, 111, (4), 1081-1110 View citations
18. Finding Cointegration Rank in High Dimensional Systems Using the Johansen Test: An Illustration Using Data Based Monte Carlo Simulations
    The Review of Economics and Statistics, 1996, 78, (4), 726-32 View citations
19. GMM Estimation of a Stochastic Volatility Model: A Monte Carlo Study
    Journal of Business & Economic Statistics, 1996, 14, (3), 328-52 View citations
    See also Working Paper (1995)

1992

20. The Credit-Constrained Consumer: An Empirical Study of Demand and Supply in the Loan Market
    Journal of Business & Economic Statistics, 1992, 10, (2), 179-92 View citations

Chapters

2006

1. The Impact of the EMU on Channels of Risk Sharing between Member Countries
   A chapter in Proceedings of the Conference on Human and Economic Resources, 2006, pp 399-429 View citations