This paper studies whether population migration data can be used to answer questions on labour mobility between regions. Using regional data of the Statistisches Bundesamt for population and labour migration, panel data estimations are conducted for the period 1993-1995, as the high average...

The purpose of this study is to establish the determinants of stock market returns for the UK market and to forecast the real capital gain for the Financial Times All-share index using monthly data for the period 1980-1994. Three models are used: (a) a model based on Fama's approach including...

This study argues that in limited dependent variable models, when there is heteroscedasticity, a probit model with a heteroscedastic structure should be estimated. The problem is illustrated using unit record data from the Indian National Sample Survey to analyse the determinants of poverty at...