• Financial impact of risk on municipal earnings 

      Sarmiento, Camilo (Taylor and Francis GroupEstados Unidos, 2007)
      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 ...
    • Modelling firm heterogeneity with spatial ‘trends’ 

      Sarmiento, Camilo (Taylor and Francis GroupEstados Unidos, 2004)
      The hypothesis underlying this article is that firm heterogeneity can be captured by spatial characteristics of the firm (similar to the inclusion of a time trend in time series models). The hypothesis is examined in the ...