Michael W. Brandt

• [2005 RFS] 把「天书」一样的动态组合，交给一台会做回归的模拟器A Simulation Approach to Dynamic Portfolio Choice with an Application to Learning About Return PredictabilityJun 2026
• [2004 JFE] 收益与风险，到底是「正相关」还是「负相关」？——一道纠缠了二十年的符号谜题On the Relationship Between the Conditional Mean and Volatility of Stock Returns: A Latent VAR ApproachJun 2026
• [2002 JFE] 写不出来的似然函数，就让它自己「跑」一遍Simulated Likelihood Estimation of Diffusions with an Application to Exchange Rate Dynamics in Incomplete MarketsJun 2026