We develop a household model of migrant remittance that supports testable hypotheses about the effect of migrant income, family composition and distribution, transaction costs associated with remittance mode, income and residence security, and other household characteristics on remittance levels...

An extensive literature relating patients' expectations to treatment outcomes has not addressed the determinants of these expectations. We argue that treatment history is part of a reference point that influences the patients' expectations of how effective further treatment might be, thus...

This article develops a new bivariate Markov regime switching BEKK-Generalized Autoregressive Conditional Heteroscedasticity (GARCH) (RS-BEKK-GARCH) model. The model is a state-dependent bivariate BEKK-GARCH model and an extension of Gray's univariate generalized regime-switching (GRS) model to...