Planned ‘‘surprise’’ devaluations are often spurred by non-economic circumstances: a rentseeking government; political instability; or the opportunity to put the blame on a predecessor government. In this paper, these aspects are incorporated in the monetary and fiscal policy framework...

This paper models cyclical behaviour in property crime series (burglary and theft) in relation to the macroeconomic activity indicators in England andWales in the period from 1955 to 2001. Using unobserved components (UC) time series models, univariate time series analysis suggests that recorded...

Modern survey sampling methods generally deal with improving estimators with respect to available prior information. An increasingly important source of prior information is data from registers. In some countries, e.g. Canada, The Netherlands, and the Scandinavian countries, personal...

In a multicointegrated consumption function, consumption is explained by income and wealth, where wealth is measured as cumulated saving. This implies that income and wealth are cointegrated, and their impact on consumption cannot be estimated from a static cointegrating regression. It is...

In hedonic pricing models there is often prior knowledge available which has the form of interval constraints on the unknown coefficients. These are stemming for example from considerations of submarkets for the characteristics involved. In this article we briefly discuss some well known...

Job creation schemes (JCS) have been one important programme of active labour market policy (ALMP) in Germany for a long time. They aim at the re-integration of hard-to-place unemployed individuals into regular employment. A thorough microeconometric evaluation of these programmes was hindered...

Nonparametric resampling is a method for generating synthetic microdata and is introduced as a procedure for microdata disclosure limitation. Theoretically, re-identification of individuals or firms is not possible with synthetic data. The resampling procedure creates datasets - the resample -...

There was a discussion in the years 1964-66 in this journal about the best way to estimate growth rates. Inferential and descriptive methods were carefully carried out and discussed but the opinion of the protagonists remained different. This gap between thinking about theoretical and...

The first section of this paper focusses on the descriptive properties of two measures of dispersion for nominal variables, the measure of entropy and a new positional measure (which positions a given distribution between the two extremes, the distributions with minimal and maximal dispersion)....

Microaggregation is a set of procedures that distort empirical data in order to guarantee their facutal anonymity. At the same time the information content of data sets should not be reduced too much and should still be useful for scientific research. This paper investigates the effect of...