We develop a novel approach to estimating the integrated variance of a general jump-diffusion with stochastic volatility. Our approach exploits the relationship between the speed (distance traveled per fixed time unit) and passage time (time taken to travel a fixed distance) of the Brownian motion. The new class of duration-based IV estimators derived in this paper is shown to be robust to both...

President Norman Hacker man, released a statement last Monday announcing the Rice University Fund, established by tHte Rice Board of Governors as an annual source of unrestricted monies, will have as its first goal $1 million to be raised between now and June 30, 1971. The Rice Governors created the R.U.F. as a means of count( \ eracting the increasing effects of inflation and to maintain the U...

Social media play an increasingly important role in political communication. Various studies investigated how individuals adopt social media for political discussion, to share their views about politics and policy, or to mobilize and protest against social issues. Yet, little attention has been devoted to the main actors of political discussions: the politicians. In this paper, we explore the t...

Kenya’s March 2013 elections ushered in a popular system of devolved government that represented the country’s biggest political transformation since independence. Yet within months there were public calls for a referendum to significantly revise the new arrangements. This article analyses the campaign that was led by the new elected governors in order to understand the ongoing disputes over th...

University Policies University policies are established by Senate and the Board of Governors. As well, operational and/ or managerial policies and regulations are established by administrative units to carry out university policies and applicable federal or provincial legislation.

University Policies University policies are established by Senate and the Board of Governors. As well, operational and/ or managerial policies and regulations are established by administrative units to carry out university policies and applicable federal or provincial legislation.

The analyses and conclusions set forth are those of the author and do not necessarily indicate concurrence by other members of the research staffs, by the Board of Governors, or by the Federal Reserve Banks.

University Policies University policies are established by Senate and the Board of Governors. As well, operational and/ or managerial policies and regulations are established by administrative units to carry out university policies and applicable federal or provincial legislation.

University Policies University policies are established by Senate and the Board of Governors. As well, operational and/ or managerial policies and regulations are established by administrative units to carry out university policies and applicable federal or provincial legislation.

University Policies University policies are established by Senate and the Board of Governors. As well, operational and/ or managerial policies and regulations are established by administrative units to carry out university policies and applicable federal or provincial legislation.