State Dependence Can Explain the Risk Aversion Puzzle (2008)
Chabi-Yo, Fousseni, Garcia, René, Renault, Eric
Risk aversion functions extracted from observed stock and option prices can be negative, as shown by Aït-Sahalia and Lo (2000), Journal of Econometrics 94: 9–51; and Jackwerth (2000), The Review...
Farinelli, Mélissa, Deschaux, Olivier, Hugues, Sandrine, Thevenet, Aurélie, Garcia, René
It has been shown that long-term potentiation (LTP) develops in the connection between the mediodorsal thalamus (MD) and the medial prefrontal cortex (mPFC) and between the hippocampus (HPC) and the...
Garcia, René, Chang, Chun-hui, Maren, Stephen
Lesion studies indicate that rats without the medial prefrontal cortex (mPFC) have difficulty recalling fear extinction acquired the previous day. Several electrophysiological studies have also...
Garcia, René, Chang, Chun-hui, Maren, Stephen
Lesion studies indicate that rats without the medial prefrontal cortex (mPFC) have difficulty recalling fear extinction acquired the previous day. Several electrophysiological studies have also...
Garcia, René, Chang, Chun-hui, Maren, Stephen
Lesion studies indicate that rats without the medial prefrontal cortex (mPFC) have difficulty recalling fear extinction acquired the previous day. Several electrophysiological studies have also...
Are the Effects of Monetary Policy Asymmetric? (2002)
Garcia, René, Schaller, Huntley
By building on the Hamilton (1989) Markov switching model, we examine questions like: Does monetary policy have the same effect in expansions and recessions? Given that the economy is currently in a...
Jean-Sébastien Fontaine, René Garcia
Recent asset pricing models of limits to arbitrage emphasize the role of funding conditions faced by financial intermediaries. In the US, the repo market is the key funding market. Then, the premium...