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A model of the optimal use of liability and safety regulation

Shavell, Steven - 1983

Persistent link: https://www.econbiz.de/10002797177

Suit and settlement vs. trial : a theoretical analysis under alternative methods for the allocation of legal costs

Shavell, Steven - 1981 - Rev

Persistent link: https://www.econbiz.de/10002797390

An analysis of causation and the scope of liability in the law of torts

Shavell, Steven - 1980 - Rev

Persistent link: https://www.econbiz.de/10002806141

Estimation and inference in short panel vector autoregressions with unit roots and cointegration

Binder, Michael; Hsiao, Cheng; Pesaran, M. Hashem - In: Econometric theory 21 (2005) 4, pp. 795-837

Persistent link: https://www.econbiz.de/10003004733

Real-time econometrics

Pesaran, M. Hashem; Timmermann, Allan - In: Econometric theory 21 (2005) 1, pp. 212-231

Persistent link: https://www.econbiz.de/10002674695

Multivariate linear rational expectations models : characterization of the nature of the solutions and their fully recursive computation

Binder, Michael - In: Econometric theory 13 (1997) 6, pp. 877-888

Persistent link: https://www.econbiz.de/10001236160

Aggregation in Large Dynamic Panels

Pesaran, M. Hashem - 2011

This paper considers the problem of aggregation in the case of large linear dynamic panels, where each micro unit is potentially related to all other micro units, and where micro innovations are allowed to be cross sectionally dependent. Following Pesaran (2003), an optimal aggregate function is...

Persistent link: https://www.econbiz.de/10013129942

Beyond the DSGE Straitjacket

Pesaran, M. Hashem - 2011

Academic macroeconomics and the research department of central banks have come to be dominated by Dynamic, Stochastic, General Equilibrium (DSGE) models based on micro-foundations of optimising representative agents with rational expectations. We argue that the dominance of this particular sort...

Persistent link: https://www.econbiz.de/10013126144

An Exponential Class of Dynamic Binary Choice Panel Data Models with Fixed Effects

Al-Sadoon, Majid - 2012

This paper develops a model for dynamic binary choice panel data that allows for unobserved heterogeneity to be arbitrarily correlated with covariates. The model is of the exponential type. We derive moment conditions that enable us to eliminate the unobserved heterogeneity term and at the same...

Persistent link: https://www.econbiz.de/10013096447

An Empirical Growth Model for Major Oil Exporters

Esfahani, Hadi Salehi - 2012

-run output equation with a coefficient equal to the share of capital (α). The long-run theory is tested using quarterly data on … results support the long-run theory. The existence of long-run relations between real output, foreign output and real oil … steadily over the past three decades, the theory suggests that the effect of oil income on the economy's steady state growth …

Persistent link: https://www.econbiz.de/10013107701