In this paper we employ an additive semiparametric partially linear model to uncover the way that initial output and schooling levels affect growth rates. Our results based on marginal integration allow for graphical representation of the non-linearities that characterize the effects that these...

We revisit Fair's (1978) 'theory of extramarital affairs' using robust nonparametric methods developed for the analysis of categorical data. We find evidence suggesting that the number of years married is not a relevant predictor of the propensity to engage in extramarital affairs having...

This study examines the long-run price relationship and the dynamic price transmission among the USA, Germany, and four major Eastern European emerging stock markets, with particular attention to the impact of the 1998 Russian financial crisis. The results show that both the long-run price...