A manual is designed to support and help the basic concepts of statistics and its implications in econometric, beside this, interpretation of further statistical techniques have been shown as well by illustrations and graphical methods. It is comprised on several instances of test, obtained from...

We develop and apply a set of hypothesis tests with which to study changes in the angular distribution of points in delay space. Crack and Ledoit (1996) plotted daily stock returns against themselves with one day's lag. (This might be described as a plot in delay space). The graph shows these...

People reason about real-estate prices both in terms of general rules and in terms of analogies to similar cases. We propose to empirically test which mode of reasoning fits the data better. To this end, we develop the statistical techniques required for the estimation of the case-based model....

Using a general equilibrium representative agent framework developed by Lucas (1978), Hansen and Singleton (1983) studied the behaviour of asset returns and consumption growth with maximum likelihood techniques. The model was rejected, but their work is commonly cited for estimates of the...

Out-of-Stock along the Supply Chain is a frequent phenomenon with significant effects on sales and total profit in retail industry. Therefore, in this context, decision support information to identify the duration and extent of this Out-of-Stocks as well as about possible structures inside...

Human resources management has become one of the most important leverages in organizations for gaining competitive advantage. However, human resources management is in many occasions prone to nonlinear feedbacks with delayed effect. Burnout effect is one of the problems that are especially often...

This paper discusses two alternative two-part models for fractional response variables that are defined as ratios of integers. The first two-part model assumes a Binomial distribution and known group size. It nests the one-part fractional response model proposed by Papke and Wooldridge (1996)...

The Western Balkans integration within the EU has started a legal process which is the rejection of former communist legal/political approaches and the transformation of former communist institutions. Indeed, the EU agenda has brought vertical/horizontal integration and Europeanization of...

Although economic processes and systems are in general simple in nature, the underlying dynamics are complicated and seldom understood. Recognizing this, in this paper we use a nonstationary-conditional Markov process model of observed aggregate data to learn about and recover causal influence...

This paper proposes plug-in bandwidth selection for kernel density estimation with discrete data via minimization of mean summed square error. Simulation results show that the plug-in bandwidths perform well, relative to cross-validated bandwidths, in non-uniform designs. We further find that...