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Estimating a Life Cycle Model with Unemployment and Human Capital Depreciation

Pollak, Andreas - EconWPA - 2005

I estimate a life cycle model of consumption choice with unemployment risk. Employed individuals face the risk of losing their job. Unemployed agents receive job random offers of different quality, which they can accept or reject. Following the loss of a job and during unemployment, an agent’s...

Persistent link: https://www.econbiz.de/10005119102

Concentration in Knowledge Output:A Case of Economics Journals

Bino, Paul G.D.; Subash, S.; Ramanathan, A. - EconWPA - 2004

Journals moderate knowledge activity in economics. The activity of publishing article in professional journal forms … significant part of knowledge output. Output of economics articles has been growing over the time. We examine an important … question: Is there any case of institutional or location concentration in knowledge production? This paper analyses …

Persistent link: https://www.econbiz.de/10005062679

From Economic Activity to Understanding Spaces

Iribarren, Diego - EconWPA - 2003

This paper constructs the probability space underlying the random variable of any time dependent econometric specification. The construction links concrete economic activity, both perceived and recorded, and econometric formulations. Furthermore, it is argued that the probability events...

Persistent link: https://www.econbiz.de/10005407919

The Forecasting Accuracy of Five Time Series Models: Evidence from the Portuguese Car Market

Ramos, Francisco F. R. - EconWPA - 1996

This paper compares the out-of-sample forecasting accuracy of five classes of time series models for market shares of the six most important Portuguese car market competitors over differents horizons. As representative time series models I employ a random-walk with drift (Naive), a univariate...

Persistent link: https://www.econbiz.de/10005119118

Housing Demand in Portugal

Carvalho, Pedro Guedes - EconWPA - 2003

In a former study (Carvalho 1995) we modeled the housing market in Portugal in a classic cross section framework and …

Persistent link: https://www.econbiz.de/10005119161

Innovation and Market Value

Hall, Bronwyn H. - EconWPA - 1999

This paper surveys recent findings about how the financial markets value the knowledge assets of publicly traded firms …. The motivation for using market value equation to price knowledge assets is discusssed and the theory behind this equation … corporation is strongly related to its knowledge assets, and that the patent measures contain information about this value above …

Persistent link: https://www.econbiz.de/10005413048

INNOVATION AND VENTURE CAPITAL EXITS

SCHWIENBACHER, Armin - EconWPA - 2001

-improving product innovation. We explicitly introduce product market characteristics into the analysis with the aim to identify their … capitalist. The entrepreneur has incentives to distort the innovation strategy so as to make an IPO the preferred exit. We derive …

Persistent link: https://www.econbiz.de/10005413189

Quality Control Versus Innovation in Research on Marketing

Armstrong, JS - EconWPA - 2005

Brownlie and Saren (this issue) claim that “few innovative papers appear in the top marketing journals.” They attribute this problem to incentive structures. They ask what steps might be taken by the various stakeholders to encourage the development and transmission of useful innovative...

Persistent link: https://www.econbiz.de/10005556542