Some refinements on fixed income performance attribution

Fixed Income Fund Performance Across Economic States

We evaluate the performance of fixed income mutual funds using stochastic discount factors motivated by continuous-time term structure models. Time-aggregation of these models for discrete returns generates new empirical "factors," and these factors contribute significant explanatory power to the models. We provide a conditional performance evaluation for US fixed income mutual funds, condition...

Some Design Refinements and Principles on the

This paper describes some design refinements on marking menus and shows how these refinements embody interesting and relevant design principles for HCI. These refinements are based on the design principles of: (1) maintaining visual context, (2) hiding unnecessary information, and (3) supporting skill development by graphical feedback. The result is a new graphical representation and a more eff...

Refinements of Muirhead's Lemma and income inequality

The Working Paper Series seeks to disseminate research in progress by academic staff and associates of our Economics Programme. The views expressed in this paper are those of the author(s) and do not necessarily represent those of our Economics Programme. To submit a paper or to make suggestions, please contact The Economics Programme, Department of Social Sciences, Faculty of Social Sciences a...

Refinements of Some Partition Inequalities

In the present paper we initiate the study of a certain kind of partition inequality, by showing, for example, that if M 5 is an integer and the integers a and b are relatively prime to M and satisfy 1  a < b < M/2, and the c(m,n) are defined by 1 (sqa, sqM a; qM )1 1 (sqb, sqM b; qM )1 := X

Performance attribution