Narrow search
Showing 1 - 10 of 39
Cover Image
Instrumental Variable Quantile Estimation of Spatial Autoregressive Models
Su, Liangjun; Yang, Zhenlin - East Asian Bureau of Economic Research (EABER) - 2007
the GMM estimators of Lin and Lee (2006) and Kelejian and Prucha (2006), the IVQR estimator is robust against … heteroscedasticity. Unlike the GMM estimators, the IVQR estimator is also robust against outliers and requires weaker moment conditions … conventional QML estimator without taking into account of heteroscedasticity in the errors; it also outperforms the GMM estimators …
Persistent link: https://www.econbiz.de/10009365175
Cover Image
Application of Analytic Hierarchy Process to Prioritize Urban Transport Options - Comparative Analysis of Group Aggregation Methods
Yedla, Sudhakar; Shrestha, Ram M. - East Asian Bureau of Economic Research (EABER) - 2007
in Delhi It was observed that among all group aggregation methods, geometric mean method (GMM) - the most widely adopted …
Persistent link: https://www.econbiz.de/10009365374
Cover Image
Income Distributions, Inequality, and Poverty in Asia, 1992–2010
Chotikapanich, Duangkamon; Griffiths, William E.; Rao, … - East Asian Bureau of Economic Research (EABER) - 2014
Income distributions for developing countries in Asia are modeled using beta-2 distributions, which are estimated by a method of moments procedure applied to grouped data. Estimated parameters of these distributions are used to calculate measures of inequality, poverty, and pro-poor growth in...
Persistent link: https://www.econbiz.de/10011278239
Cover Image
Investing in Real Estate : Mortgage Financing Practices and Optimal Holding Period
Koh, Winston T.H.; Ng, Edward H.K. - East Asian Bureau of Economic Research (EABER) - 2005
Real estate investments are typically characterized by high degrees of leverage and long loan tenures. In perfect capital markets, leverage has no impact on the investment decision apart from tax considerations. However, the mortgage financing market is imperfect in many countries. In the...
Persistent link: https://www.econbiz.de/10009363860
Cover Image
The Relationship between Corporate Governance Indicators and Firm Value : A Case Study of Karachi Stock Exchange
Javed, Attiya Y.; Iqbal, Robina - East Asian Bureau of Economic Research (EABER) - 2007
We investigated whether differences in quality of firm-level corporate governance can explain the firm-level performance in a cross-section of companies listed at Karachi Stock Exchange. Therefore, we analysed the relationship between firm-level value as measured by Tobins Q and total Corporate...
Persistent link: https://www.econbiz.de/10009363281
Cover Image
Corporate Governance in Pakistan : Corporate Valuation, Ownership and Financing
Javid, Attiya Y.; Iqbal, Robina - East Asian Bureau of Economic Research (EABER) - 2010
In this study the relationship between corporate governance and corporate valuation, ownership structure and need of external financing for the Karachi Stock Market is examined for the period 2003 to 2008. To measure the firm- level governance a rating system is used to evaluate the stringency...
Persistent link: https://www.econbiz.de/10009363300
Cover Image
Multiple Board Appointments and Firm Performance in Emerging Economies : Evidence from India
Sarkar, Jayati; Sarkar, Subrata - East Asian Bureau of Economic Research (EABER) - 2005
The relation between multiple directorships, busy directors and firm performance has been researched predominantly in the context of developed economies, notably the US. This paper extends the existing literature on multiple directorships in two ways; first, by providing additional evidence on...
Persistent link: https://www.econbiz.de/10009363728
Cover Image
Asia and The G20
Drysdale, Peter; Willis, Sébastien - East Asian Bureau of Economic Research (EABER) - 2013
The industrial transformation of Asia is a development on a scale unprecedented in human history. Following the industrial revolution towards the end of the eighteenth century, Europe and North America each in turn came to dominate the world economy and global power. Now economic weight is...
Persistent link: https://www.econbiz.de/10011277990
Cover Image
Financial Inclusion and Financial Stability : Current Policy Issues
Hannig, Alfred; Jansen, Stefan - East Asian Bureau of Economic Research (EABER) - 2011
The recent financial crisis has shown that financial innovation can have devastating systemic impacts. International standard setters’ and national regulators’ response has been a global concerted effort to overhaul and tighten financial regulations....
Persistent link: https://www.econbiz.de/10011278058
Cover Image
Financial Inclusion and Financial Stability : Current Policy Issues
Hannig, Alfred; Jansen, Stefan - East Asian Bureau of Economic Research (EABER) - 2011
The recent financial crisis has shown that financial innovation can have devastating systemic impacts. International standard setters’ and national regulators’ response has been a global concerted effort to overhaul and tighten financial regulations....
Persistent link: https://www.econbiz.de/10011278157