Perhaps the earliest systematic study that investigated the cyclical nature of hog prices was that conducted by Gerlich in 1911 using German data from the late nineteenth and early twentieth century. Using data from the late twentieth and early twenty-first century, we model the behaviour of the...

A bivariate likelihood function for a two-limit tobit model is developed and applied to the estimation of rural resident shopping patterns. Comparison of results from the univariate and bivariate models shows that parameters are estimated with more precision, and derivatives of conditional...

Nevada gross taxable gaming revenues constitute an important revenue source for the state, just as revenues from lottery sales and taxable sales of service industries make major contributions to the general funds of other states. Typically, these data series are nonstationary and can exhibit...