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Non-Linear Taylor Rule through Threshold Estimation
Bhaduri, Saumitra; Sethudurai, Raja - Volkswirtschaftliche Fakultät, … - 2013
This paper tries to identify non-linearity in the estimation of Taylor type reaction function for Reserve Bank of India … using a threshold estimation technique of Hansen (2000). For the monthly data from March 2001 to October 2009 with Repo rate … as the policy rate the estimation significantly identifies two thresholds with inflation and one threshold with output …
Persistent link: https://www.econbiz.de/10011113954
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Aggregation with Cournot competition: the Le Chatelier Samuelson principle
Koebel, Bertrand; François, Laisney - Volkswirtschaftliche Fakultät, … - 2014
This paper studies the aggregate substitution and expansion effects triggered by changes in input prices in a context where firms supply a homogeneous commodity and compete in quantities à la Cournot. We derive a sufficient condition for the existence of a Cournot equilibrium and show that this...
Persistent link: https://www.econbiz.de/10011107774
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Are All U.S. Credit Unions Alike? A Generalized Model of Heterogeneous Technologies with Endogenous Switching and Correlated Effects
Malikov, Emir; Restrepo-Tobon, Diego A; Kumbhakar, Subal C. - Volkswirtschaftliche Fakultät, … - 2014
Credit unions differ in the types of financial services they offer to their members. This paper explicitly models this observed heterogeneity using a generalized model of endogenous ordered switching. Our approach captures the endogenous choice that credit unions make when adding new products to...
Persistent link: https://www.econbiz.de/10011109001
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Marże monopolistyczne i przychody skali w gospodarce polskiej
Gradzewicz, Michal; Hagemejer, Jan - Volkswirtschaftliche Fakultät, … - 2007
and services sectors during 1996-2004. Methodology based on instrumental variables allows joint estimation of both, scale …
Persistent link: https://www.econbiz.de/10011258773
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Estimation of banking technology under credit uncertainty
Malikov, Emir; Restrepo-Tobon, Diego A; Kumbhakar, Subal C - Volkswirtschaftliche Fakultät, … - 2013
that bank managers minimize costs subject to given expected outputs and credit risk. We estimate unobservable expected …
Persistent link: https://www.econbiz.de/10011113008
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Strategies for trade liberalization in the Americas
Chichilnisky, Graciela - Volkswirtschaftliche Fakultät, … - 1995
Regional free trade zones have been unexpectedly successful in the last decade. Since 1980 the European Community enlarged significantly its membership and its scope. It now includes southern European countries, and market-integrating features allowing goods, people, services and capital to flow...
Persistent link: https://www.econbiz.de/10005619917
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Globalization and Structural Changes in the Indian Industrial Sector: An Analysis of Production Functions
Mishra, SK - Volkswirtschaftliche Fakultät, … - 2006
In 1991 India chose to open her economy and formulated the New Economic Policy (NEP). Under the structural adjustment and reform programmes, the NEP aimed at promoting growth by eliminating supply bottlenecks that hinder competitiveness, efficiency and dynamism in the economic system This study...
Persistent link: https://www.econbiz.de/10005619394
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The relationship between farm size and productivity: empirical evidence from the Nepalese mid-hills
Thapa, Sridhar - Volkswirtschaftliche Fakultät, … - 2007
This paper examines the farm size and productivity relationship using data from Nepalese mid hills. The household data used has been drawn from a survey conducted by the author and financed by the Norwegian University of Life Science. The analysis uses models both allowing for and not allowing...
Persistent link: https://www.econbiz.de/10005619483
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Economies of Scale in the Canadian Food Processing Industry
Gervais, Jean-Philippe; Bonroy, Olivier; Couture, Steve - Volkswirtschaftliche Fakultät, … - 2006
out using asymptotic theory as well as bootstrap methods. In particular, the ability of the double bootstrap to provide …
Persistent link: https://www.econbiz.de/10005787112
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Traditional comparative advantages vs. economies of scale: NAFTA and GATT
Chichilnisky, Graciela - Volkswirtschaftliche Fakultät, … - 1993
Regional free trade zones have been unexpectedly successful in the last decade. Since 1980 the European Community enlarged significantly its membership and its scope. It now includes southern European countries, and market-integrating features allowing goods, people, services and capital to flow...
Persistent link: https://www.econbiz.de/10005789897