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We consider a two-sided, finite-horizon search and matching model with heterogeneous types and complementarity between …
Persistent link: https://www.econbiz.de/10005328853
-likelihood methods using U.S. data. Estimation results indicate a strong Edgeworth complementarity between private and public spending …
Persistent link: https://www.econbiz.de/10005342233
hand, the production spillover and network externality associated with ICT capital draws its contribution beyond the … neoclassical baseline. Many researchers have provided empirical evidence for the correlation between ICT spillover and national … productivity. Nevertheless, the ICT spillover in international context is still an unexplored area. Inspired by the belief that ICT …
Persistent link: https://www.econbiz.de/10005342333
We examine the influence of global and regional factors on the conditional distribution of stock returns from six Asian markets, using factor models in which unexpected returns comprise global, regional and local shocks. The models allow for conditional heteroskedasticity and time-varying...
Persistent link: https://www.econbiz.de/10005063746