A frequently encountered problem in import demand estimation is how to account for competition between imports and domestic production. Traditionally, use of the Armington model has been a way to handle this problem. This is a disaggregate model which distinguishes commodities by country of...

The health implications and costs associated with increasing levels of obesity are awidespread global issue. In the United States, there is a growing interest in identifying methods to reduce obesity levels. Particular focus has been given to advertisements for unhealthy foods, especially...

Theobjective of this study is to analyze how imported trout affects the domestic U.S. trout industry.

Phytosterol is a healthful ingredient that helps reduce blood cholesterol levels. It hasbeen over ten years since the first phytosterol-enriched product, Benecol margarine, waslaunched in Finland in 1995; however, understanding of this product is still limited. Inaddition, it has been shown in the...

Consumption is perhaps the most important economic behavior of human beings. To it goes the lion's share of the country's annual product. This study is part of the ongoing efforts to give a reasonable description of how various factors affect household consumption decision. Those factors include...

Diese empirische Arbeit untersucht Determinanten des Renteneintritts. Sie basiert auf einem Optionswertmodell, um die Bedeutung finanzieller Überlegungen für ein Aufschieben des Renteneintritts zu analysieren. Zusätzlich wird der Einfluss institutioneller Rahmenbedingungen betrachtet. Ein neu...

Ziel dieser Arbeit ist die Untersuchung der Bedeutung der Spezifikation für Ratingmodelle zur Prognose von Kreditausfallwahrscheinlichkeiten. Ausgehend von dem in der Bankenpraxis etablierten Logit-Modell werden verschiedene Modellerweiterungen diskutiert und hinsichtlich ihrer Eigenschaften...

Stochastic volatility (SV) models provide a means of tracking and forecasting the variance of financial asset returns. While SV models have a number of theoretical advantages over competing variance modelling procedures they are notoriously difficult to estimate. The distinguishing feature of...