Narrow search
Showing 1 - 10 of 221
Cover Image
Why is the Workplace Racially Segregated by Occupation?
Naqvi, Nadeem - Volkswirtschaftliche Fakultät, … - 2012
by economic theory, but “the hypothesis of employer discrimination does not at all explain segregation by occupation … theory foundations, insofar as they impose a utility indicator function as a primitive concept via persuasion, rather than … to discriminate. Economic theory is, therefore, endogenously color-blind, race-blind, gender-blind, ethnicity-blind, and …
Persistent link: https://www.econbiz.de/10011260187
Cover Image
A Flexible State Space Model and its Applications
Qian, Hang - Volkswirtschaftliche Fakultät, … - 2012
The standard state space model (SSM) treats observations as imprecise measures of the Markov latent states. Our flexible SSM treats the states and observables symmetrically, which are simultaneously determined by historical observations and up to first-lagged states. The only distinction between...
Persistent link: https://www.econbiz.de/10011108582
Cover Image
A note on implementing the Durbin and Koopman simulation smoother
Jarocinski, Marek - Volkswirtschaftliche Fakultät, … - 2014
The correct implementation of the Durbin and Koopman simulation smoother is explained. A possible misunderstanding is pointed out and clarified for both the basic state space model and for its extension that allows time-varying intercepts (mean adjustments).
Persistent link: https://www.econbiz.de/10011108875
Cover Image
The Dynamics of Inflation and GDP Growth: A Mixed Frequency Model Approach
Franco, Ray John Gabriel; Mapa, Dennis S. - Volkswirtschaftliche Fakultät, … - 2014
Frequency mismatch has been a problem in econometrics for quite some time. Many monthly economic and financial indicators are normally aggregated to match quarterly macroeconomic series such as GDP when analysed in a statistical model. However, temporal aggregation, although widely accepted, is...
Persistent link: https://www.econbiz.de/10011114497
Cover Image
Rational Expectations Equilibria: Existence and Representation
Bhowmik, Anuj; Cao, Jiling - Volkswirtschaftliche Fakultät, … - 2015
In this paper, we continue to explore the equilibrium theory under ambiguity. For a model of a pure exchange and …
Persistent link: https://www.econbiz.de/10011210851
Cover Image
Mergers between regulated firms with unknown efficiency gains
Fiocco, Raffaele; Guo, Dongyu - Volkswirtschaftliche Fakultät, … - 2014
In an industry where regulated firms interact with unregulated suppliers, we investigate the welfare effects of a merger between regulated firms when cost synergies are uncertain before the merger and their realization becomes private information of the merged firm. The optimal merger policy...
Persistent link: https://www.econbiz.de/10011252548
Cover Image
Beyond Extended Phenotype Evolution of extended identity in order to reconcile study of humanity with biological evolution
Mezgebo, Taddese - Volkswirtschaftliche Fakultät, … - 2014
The question: “How much of biological evolution based theories, as they are understood presently, apply to human behaviour?” is highly controversial and perhaps highly politicized as well. The inference that human beings are evolutionarily programmed to have urges toward aggression, rape,...
Persistent link: https://www.econbiz.de/10011258986
Cover Image
Deceptive advertising with rational buyers
Ursino, Giovanni; Piccolo, Salvatore; Tedeschi, Piero - Volkswirtschaftliche Fakultät, … - 2012
We study a Bertrand game where two sellers supplying products of different and unverifiable qualities can outwit potential clients through their (costly) deceptive advertising. We characterize a class of pooling equilibria where sellers post the same price regardless of their quality and low...
Persistent link: https://www.econbiz.de/10011259275
Cover Image
Preserving "Debt Capacity" or "Equity Capacity": A Dynamic Theory of Security Design under Asymmetric Information
Inderst, Roman; Vladimirov, Vladimir - Volkswirtschaftliche Fakultät, … - 2012
theory also entails implications for start-up and venture capital financing. …
Persistent link: https://www.econbiz.de/10011259963
Cover Image
Solutions Pratiques au Problème de Financement des PME au Cameroun
NGUENA, Christian L. - Volkswirtschaftliche Fakultät, … - 2013
The role of small and medium enterprises (SMEs) in the fight against unemployment and economic activity stimulation is well established. Until today and due to lack of funding, Cameroon suffers of an unsustainable private sector constituted by SMEs at more than 90%; A situation which tends to...
Persistent link: https://www.econbiz.de/10011260130