In this paper we analyse the effect of R&D co-operation on firms´ innovationperformance. We investigate the effect of past co-operation on current sales ofinnovative products, distinguishing between products new to the firm and new tothe market, and on cost reductions due to innovative...

This paper presents the software framework JStatCom which is geared towardsthe development of rich GUI clients for numerical procedures. The concept is tosolve all recurring tasks with the help of reusable Java components. Optionally, onecan delegate the execution of special numerical algorithms...

We propose and apply a new approach for analyzing the effects of fiscal policyusing vector autoregressions. Unlike most of the previous literature this approachdoes not require that the contemporaneous reaction of some variables to fiscalpolicy shocks be set to zero or need additional...

This paper deals with the intra-day behavior of asset prices shortly before and after large price changes.

This paper analyzes optimal portfolio choice and consumption with stochastic volatility in incomplete markets.

The H−family of distributions or H−distributions, introduced byTukey (1960, 1977), are generated by a single transformation of the standard normal distribution and allow for leptokurtosis represented by the parameter h. Alternatively, Haynes, MacGillivray and Mengersen (1997) generated...