Showing 1 - 10 of 43
Development of village, micro and small enterprises in India has a special significance with regard to bridging up the disparities between urban and rural sectors of the economy on the one hand and the more industrialized and the less industrialized states on the other. It would also channelize...
Persistent link: https://www.econbiz.de/10005836402
Statisticians are the professionals responsible for collection, presentation and analysis of data and help decision making in face of uncertainty. They are the backbone of any institution or activity facing decision under risk and uncertainty. Statistics provides a cost-effective solution for...
Persistent link: https://www.econbiz.de/10005837171
The relationship between product market performance of a firm and its capital structure has drawn considerable amount of attention recently amongst corporate finance researchers. The same was established to be non-monotonic in the context of a developed market. The non-monotonicity in the...
Persistent link: https://www.econbiz.de/10011195652
A high degree of multicollinearity among the explanatory variables severely impairs estimation of regression … multicollinearity. In this paper we aim at comparing the Restricted Liu estimates of regression coefficients with those obtained by … exhibits a very high degree of multicollinearity and the other with no intercept term (extended homogenous) that characterizes …
Persistent link: https://www.econbiz.de/10005836568
Using Chinese city-level data from 1999 to 2012 and considering geological, environmental, and social diversity, this study suggests that credit plays a significant role in driving up house prices after the Great Recession, whereas property prices only influence bank lending before 2008....
Persistent link: https://www.econbiz.de/10011204410
In simulation we often have to generate correlated random variables by giving a reference intercorrelation matrix, R or Q. The matrix R is positive definite and a valid correlation matrix. The matrix Q may appear to be a correlation matrix but it may be invalid (negative definite). With R(m,m)...
Persistent link: https://www.econbiz.de/10005787098
The flattening of the world thanks to the cluster of profound socio-economic and politico-cultural changes has created unprecedented challenges for organizational leadership and management. The fast evolving global world of ours where challenges have to be continually met requires timely...
Persistent link: https://www.econbiz.de/10008565092
Several studies have highlighted the fact that heavy-tailedness of asset returns can be the consequence of conditional heteroskedasticity. GARCH models have thus become very popular, given their ability to account for volatility clustering and, implicitly, heavy tails. However, these models...
Persistent link: https://www.econbiz.de/10011260772
In this paper we show that the random walk model with drift behaves like an ARIMA (0,2,1) when its parameter θ is greater but close to –1. Using the random walk for predicting future values of an ARIMA (0,2,1) process, we find out that when θ is not so close to –1, the performance of the...
Persistent link: https://www.econbiz.de/10009147899
Recently some new techniques have been proposed for the estimation of the slope coefficients in presence of unobserved components. Though, the presence of common observed and unobserved factors is neither considered or the estimation of their impacts is not taken into account. In this work a...
Persistent link: https://www.econbiz.de/10008685061