panel data models. Asymptotic distribution is derived under the null hypothesis and the consistency of the test is proven …

Examines the recent changes made to the public sector in the UK in the context of relevant economic models, including … for the changes, including the emulation of the private sector as a model of accountability and efficiency, and increasing …

This study addresses the increasingly important issue of efficiency of national health care systems. It uses the …

We analyze the market efficiency of 25 commodity futures across various groups—metals, energies, soft commodities …, grains and other agricultural commodities. To do so, we utilize the recently proposed Efficiency Index to find out that the … coffee. On the other end of the ranking scale we find live cattle and feeder cattle. The efficiency is also found to be …

aplicación al modelo de efectos conjunto tanto neutral como no neutral. The econometric models can be used as an instrument for …

models are statistically significant in respect of their predictive effectiveness for all three indices both in- and out …-of-sample. Using one-step-ahead STGP models to investigate the differences in return patterns between small and large stocks we … demonstrate the superiority of models developed for small-cap stocks over those developed for large-cap stocks, indicating that …

The purpose of this study is to test the efficiency level of the Athens Stock Exchange (ASE). It performs efficiency … form efficiency as it followed a random walk pattern. …