Models of Autoregressive Conditional Heteroscedasticity (ARCH) and their generalizations are widely used in ap-plied econometric research, especially for analysis of financial markets. We bring to our reader’s attention a consul-tation on this topic prepared from the book of Marno Verbeek “A...

We introduce the Hausman method for estimation of labour supply and present some recent <p> quantitative studies of Danish labour supply based on this approach. The preferred model is used <p> for simulating labour supply and distributional impact of alternative tax reforms which reduce the <p> tax...</p></p></p>