Showing 1 - 10 of 129
This paper provides a detailed examination of price responses in the Swedish gasoline market to changes in the world market price. We use daily price data from one of the leading retail chains together with input costs (spot market price and exchange rate)for the period January 1980 to December...
Persistent link: https://www.econbiz.de/10005649359
In this paper we propose a method for determining the number of regimes in threshold autoregressive models using smooth transition autoregression as a tool. As the smooth transition model is just an approximation to the threshold autoregressive one, no asymptotic properties are claimed for the...
Persistent link: https://www.econbiz.de/10010281439
evaluation cycle of this models by introducing a Lagrange multiplier (LM) test for the hypothesis of no error autocorrelation and …
Persistent link: https://www.econbiz.de/10005190874
This paper shows how a simple univariate stationary nonlinear process has an autocorrelation function suggesting that …
Persistent link: https://www.econbiz.de/10005649197
This paper examines the response of national consumption, production and welfare to asymmetric monetary shocks. We do so in a two-country model (country
Persistent link: https://www.econbiz.de/10005190906
We study the choice of drug for the treatment of high blood pressure (hypertension) in Sweden between 1988-1994. During this time period calcium antagonists and ACE-inhibitors increased their market shares at the expense of the older drugs diuretics and beta-blockers. We use a prescription micro...
Persistent link: https://www.econbiz.de/10010281210
This paper reconsiders the equity issue in Swedish health care utilisation previously analyzed by Gerdtham (Health Economics 6, 303-319, 1997) within the framework of the standard two-part model. Departing from the user/nonuser distinction, we use the more flexible framework of the finite...
Persistent link: https://www.econbiz.de/10005649172
The effect of economic variables on the probability of being absent is studied using panel data for a sample of 1,056 blue collar workers covering day-to-day data for the time period of one year (1991), in all 365,565 observations. Also, the effect of a reform in the sickness insurance on worker...
Persistent link: https://www.econbiz.de/10005649263
The discrete choice or ”referendum” contingent valuation technique has become a popular tool for assessing the value of non-market goods. Surveys used in these studies frequently suffer from large non-response which can lead to significant bias in parameter estimates and in the estimate of...
Persistent link: https://www.econbiz.de/10005649297
The symmetry of an electronic limit order book is studied using high-frequency data. Is the order flow generated by buyers of the same structure as the one by sellers or would factors such as short selling restrictions and information trading result in asymmetries in the order flow? A model...
Persistent link: https://www.econbiz.de/10005649360