The development of a reliable procedure for the aggregation of individual level happiness leads to a proper understanding of group level happiness. Such a procedure is indispensable for a more responsive public policy-making. However, individual self-reports on happiness must meet the dual...

The price-demand relationship in the electricity market is a complicated phenomenon. In order to thoroughly investigate the peculiarities of this relationship, a multi-scale correlation analysis of electricity price and demand is carried out in this research. Using a modified method of socalled...

This study uses a sample of 71 countries and nonparametric quantile and partial regressions to model a number of threatened species (reptiles, mammals, fish, birds, trees, plants) in relation to various economic and environmental variables (GDPc, CO¬2 emissions, agricultural production, energy...

In this paper we propose an innovative approach based on life satisfaction to estimate efficiency measures for individuals considering how they convert their resources into higher levels of happiness. We use an extension of the conditional nonparametric robust approach which allows us to...

This paper deals with the evaluation of poverty sensitivity to growth and distributional changes in Italy, across its regions and over a three-decade period, spanning from 1977 to 2004. We use the “Survey on Household Income and Wealth” (SHIW) of the Bank of Italy to firstly construct growth...

This paper aims to feed predictive multi-factor regressional models as an input to the Black-Litterman Asset Allocation Model, with predictions and allocations iterated each month

The increasing popularity of qualitative response models in recent years has led to the development of sophisticated algorithms to solve them. The relative efficiency and accuracy of various algorithms is a subject of considerable importance to the Army, because the results derived from probit...

Using the British Household Panel Survey (BHPS) data set, we investigate the effect of religion on subjective well-being (SWB), specifically taking into account the implication of selection effects explaining religious influence. In order to measure the level of religious involvement, we...

This paper introduces previously missing financial components(efficiency, activity and size) in the assessment of the finance-investment nexus. Using VAR models in the perspectives of VECM and short-run Granger causality, three broad findings are established: (1) while finance led investment...

This paper consists of the application of the Hierarchical lineal model (multilevel methodology) which takes in consideration the interaction between individual and aggregated variables. It is intented to measure eterminants of student performance in their last year of school in three...