It has been argued by several authors that the inflationary dynamics in Brazil follow a unit root process, thus displaying some inertia. Indeed, Cati, et al. (Journal of Applied Econometrics, 1999) have found that the inflationary dynamics in Brazil are nearly fully inertial. We estimate the...

<title/> The seemingly relentless flow of negative news from the markets, the boardrooms and the political capitals has created a paradoxical opportunity for the astute angel investor. Traditional venture capitalists have virtually abandoned the early stage investment space. By observing certain...

In this study, electronic door seals (E-seals) are tested on shipping containers that traveled through ports, over borders, and on roadways. The findings show that using RFID devices increases supply chain efficiency and improves the security of containerized cargo movements, particularly when...

By design a wavelet's strength rests in its ability to localize a process simultaneously in time-scalespace. The wavelet's ability to localize a time series in time-scale space directly leads to the computationalefficiency of the wavelet representation of a N £ N matrix operator by allowing the...

By design a wavelet's strength rests in its ability to localize a process simultaneously in time-scalespace. The wavelet's ability to localize a time series in time-scale space directly leads to the computationalefficiency of the wavelet representation of a N £ N matrix operator by allowing...

This cumulative working paper contains the unified joint research completed so far on monetary aggregation under risk, including the extension of index number theory needed to incorporate adjustments for risk into the rate structure, experiments on tracking ability of the unadjusted index, and...

In this paper we estimate the flexibility properties and regular regions for the first three orders of the seminonparametric Asymptotically Ideal Model (AIM) under four different types of constant returns to scale production technologies. The AIM model's parameters are estimatedfrom a Monte...