This paper examines the current state of price convergence amongst the eleven initial EMU member states. Special attention is given to possible changes in the convergence process during the euro cash changeover. We apply the sigma-convergence approach using both panel estimates of changes in the...

This paper demonstrates an evaluation of 71 developed and under-developed countries’ biodiversity performance using a methodological framework based to the new advances of Data Envelopment Analysis (DEA). By using conditional DEA, bootstrapping and kernel density estimations, efficiency levels...

This paper using Data Envelopment Analysis (DEA) evaluates the performance of public health services of the Greek prefectures. The efficiency levels of the Greek prefectures are compared and analyzed in a regional context. With the use of bootstrap techniques and conditional full frontier...

We propose a simulated maximum likelihood estimator for dynamic models based on non-parametric kernel methods. Our method is designed for models without latent dynamics from which one can simulate observations but cannot obtain a closed-form representation of the likelihood function. Using the...

We propose new tools for visualizing large numbers of functional data in the form of smooth curves or surfaces. The proposed tools include functional versions of the bagplot and boxplot, and make use of the first two robust principal component scores, Tukey's data depth and highest density...