Showing 1 - 10 of 27
Persistent link: https://www.econbiz.de/10010213203
The no trade principle asserts that risk-neutral agents are not prepared to trade if and only if a common prior exists. The purpose of this article is to provide general versions of this principle. We first study the case when no topological assumption is made on the state space. Bets are...
Persistent link: https://www.econbiz.de/10005342381
This study investigates interrelated factor demands for a multi-output technology (voice and data output) in the Australian telecommunication industry over a long period of time (1922 through 1983). While a dynamic model would appear to be necessary to investigate disequilibrium associated with...
Persistent link: https://www.econbiz.de/10005702560
requirements. It is crucial that there be date-zero consumption. As a by-product, we develop some duality theory under incomplete …
Persistent link: https://www.econbiz.de/10005702624
This paper studies subsampling hypothesis tests for panel data that are possibly nonstationary, and cross …-sectionally correlated and cross-sectionally cointegrated. The tests include panel unit root and cointegration tests as special cases. The … number of cross-sectional units in the panel data is assumed to be finite, and that of time series observations infinite …
Persistent link: https://www.econbiz.de/10005328871
on the determinants of FDI are studied through a panel data for a large group of countries between the years 1980 and …
Persistent link: https://www.econbiz.de/10005328884
equation. Using dynamic panel data analysis for the 32 States of Mexico with both, urban personal income for grouped data and …
Persistent link: https://www.econbiz.de/10005328905
for dynamic proposal panel models proposed by Arellano and Bond (1991) and diverse exchange rate classifications are used …
Persistent link: https://www.econbiz.de/10005328952
wage of female workers compared to those of male workers using panel data of Japanese firms. The relative wage of female …
Persistent link: https://www.econbiz.de/10005342154
analysing the data by estimating a panel regression model that enables us to understand the dynamics of the process better and … to highlight the learning that occurs over time. Our estimation results show that contributions in any period depend …
Persistent link: https://www.econbiz.de/10005342167