Showing 1 - 10 of 30
We look for the maximum order of a square (0, 1)-matrix A with a fixed rank r, provided A has no repeated rows or …
Persistent link: https://www.econbiz.de/10011092170
measured by the proximity between a firm and the best practices.Aggregation of firm efficiencies is imperfect.The bias is used …
Persistent link: https://www.econbiz.de/10011092768
Persistent link: https://www.econbiz.de/10011090369
This paper discusses the joint estimation of the long run equilibrium coe cients and the parameters governing the short run dynamics of a fully parametric cointegrated system formulated in continuous time.The model allows the stationary disturbances to be generated by a stochastic di erential...
Persistent link: https://www.econbiz.de/10011090524
This paper is concerned with issues of model specification, identification, and estimation in exchange rate models with unobservable fundamentals.We show that the model estimated by Gardeazabal, Reg´ulez and V´azquez (International Economic Review, 1997) is not identified and demonstrate how...
Persistent link: https://www.econbiz.de/10011090961
Recent work by Kasher and Rubinstein (1997) considers the problem of group identification from a social choice perspective.These authors provide an axiomatic characterization of a liberal aggregator whereby the group consist of those and only those individuals each of which views oneself a...
Persistent link: https://www.econbiz.de/10011091125
aggregation of items, followed by fractioning, lead to more accurate estimates of individual demand?Thirdly, a more practical …
Persistent link: https://www.econbiz.de/10011091178
also the impact of aggregation of the basic data. We introduce the concept of `tentative' estimates that are close to …
Persistent link: https://www.econbiz.de/10011091521
Abstract: In the tradition of Afriat (1967), Diewert (1973) and Varian (1982), we provide a revealed preference characterisation of the representative consumer. Our results are simple and complement those of Gorman (1953, 1961), Samuelson (1956) and others. They can also be applied to data very...
Persistent link: https://www.econbiz.de/10011091961
problem of spurious Granger causality relationships that can arise from temporal aggregation.We outline the distortional e …, we demonstrate the importance of incorporating exact temporal aggregation restrictions on the discrete time data.We do … this by conducting causality tests in discrete time models that: (a) impose the temporal aggregation restrictions exactly …
Persistent link: https://www.econbiz.de/10011092014