The Edgeworth-Sargan density has been shown capable of capturing salient empirical regularities of financial data (in particular this density is able to capture thick tails and asymmetries of several kinds). When compared to other densities commonly used in applied finance, has the big advantage...

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El método generalizado de los momentos es una técnica de estimación muy general, que permite interpretar la mayor parte de los métodos de estimación conocidos 'como casos particulares, incluido el de máxima verosimilitud bajo ciertas condiciones. Además, este procedimiento permite...

Econometric estimates of the capital stock and the depreciation rate for the Spanish economy in the period 1970-1997, are presented. The methodology is based on the estimation of the production function, yielding a window for the depreciation rate between 5.5% and 6.5%. Methods to make the...