Similar Search Results

Market Power in Mixed Hydro-Thermal Electric Systems

Arellano, M. Soledad - Econometric Society - 2004

This paper shows that, unlike what has been found in other papers, a hydro reservoir is an effective tool to exercise market power. Its appealing as a tool is enhanced by the fact that there is no need to constrain total hydro production - a practice too easy to detect -; it suffices to distort...

Persistent link: https://www.econbiz.de/10005129764

Double-Holdups in a Matching Model with Search Frictions and Endogenous Heterogeneity

Navarro, Lucas - Econometric Society - 2004

random matching model with endogenous heterogeneity. I analyze the efficiency properties of the equilibrium and find that in …

Persistent link: https://www.econbiz.de/10005328902

Are there restrictions to consumption smoothing in Latin American countries? Differences between OLS and GLS estimation

Teixeira, Humberto Carlos Faria; Issler, Joao Victor - Econometric Society - 2004

We study empirically how close consumption-smoothing models employing present-value relationships fit data for Latin-American countries, either in an open-economy or closed-economy environment. Bivariate VARS are estimated using either individual-system or a joint-system techniques (OLS or GLS -...

Persistent link: https://www.econbiz.de/10005129765

Investment in Human Capital in a Macrodynamic Framework: Redistributive Taxation, Public Debt and Welfare

Nascimento, Leandro Gonçalves do - Econometric Society - 2004

Efficient investment in human capital is a subject of great concern among economists. By means of an overlapping-generations macrodynamic model with credit constraints, imperfect insurance and exogenous labor supply, we appraise inefficiencies related to misinvestment in human capital and...

Persistent link: https://www.econbiz.de/10005130204

Efficient Mechanisms for Bilateral Trading with Cooperative Investment

Zhao, Rui Ray - Econometric Society - 2004

's private valuation. Complete contracts can be written on observable trade decisions. It is shown that efficiency level in …

Persistent link: https://www.econbiz.de/10005063600

Investment in Human Capital in a Macrodynamic Framework: Redistributive Taxation, Public Debt and Welfare

Nascimento, Leandro - Econometric Society - 2004

Persistent link: https://www.econbiz.de/10005699613

A Dynamic Approach to Estimate the Efficiency of U.S. Electric Utilities

Rungsuriyawiboon, Supawat - Econometric Society - 2004

The static production efficiency model and the dynamic duality model of intertemporal decision making using a … econometric models of dynamic efficiency with intertemporal cost minimizing firm behavior. The dynamic efficiency model is a … of variable inputs. The dynamic efficiency model is implemented by using the Generalized Method of Moment (GMM …

Persistent link: https://www.econbiz.de/10005702577

Welfare Properties of Network Bypass

Martin, Richard - Econometric Society - 2004

One result of the deregulation of utilities in New Zealand has been the bypass of existing networks. We investigate two …

Persistent link: https://www.econbiz.de/10005702578

Econometrics

Acemoglu, Daron (contributor) - 2013

Persistent link: https://www.econbiz.de/10010213203

Subsampling Hypothesis Tests for Nonstationary Panels with Applications to the PPP Hypothesis

Chu, Timothy; Choi, In - Econometric Society - 2004

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...

Persistent link: https://www.econbiz.de/10005328871