Ricardo T. Fernholz




Working Papers:


The Rank Effect for Commodities (with Christoffer Koch)


Presentation Slides



Why Are Big Banks Getting Bigger? (with Christoffer Koch) Revise and Resubmit, Journal of Business and Economic Statistics


Presentation Slides



A Statistical Model of Inequality arXiv:1601.04093v1 [q-fin.EC], January 2016


Presentation Slides                  Econbrowser Summary





Pulling up the Tarnished Anchor: The End of Silver as a Global Unit of Account (with Kris Mitchener and Marc Weidenmier) Journal of International Money and Finance, Accepted



Nonparametric Methods and Local-Time-Based Estimation for Dynamic Power Law Distributions Journal of Applied Econometrics, Forthcoming


Presentation Slides



The Distributional Effects of Progressive Capital Taxes Journal of Economic Policy Reform, Forthcoming



Big Banks, Idiosyncratic Volatility, and Systemic Risk (with Christoffer Koch) American Economic Review: Papers & Proceedings, Forthcoming



A Model of Economic Mobility and the Distribution of Wealth Journal of Macroeconomics, December 2016, 50, p. 168-192

Presentation Slides



Exchange Rate Manipulation and Constructive Ambiguity International Economic Review, November 2015, 56(4), p. 1323-1348

Presentation Slides                  Supplemental Materials



Instability and Concentration in the Distribution of Wealth (with Robert Fernholz) Journal of Economic Dynamics and Control, July 2014, 44, p. 251-269


Presentation Slides                  VoxEu Column                       Baseline Scenario Discussion



Terrorism and the Invisible Hook (with S. Brock Blomberg and John-Clark Levin) Southern Economic Journal, April 2013, 79(4), p. 849-863



Work in Progress:



Structural Arbitrage


Asset Returns and Asset Price Distributions






Updated April 14, 2017