Showing 1 - 10 of 588
Persistent link: https://www.econbiz.de/10009449118
In 1978, Roger Koenker and Gilbert Bassett, Jr. introduced a new econometric estimation method and entitled it quantile regression. Since then, many subsequent authors have elaborated and extended the underlying theoretical framework. Other contributions have successfully applied the procedure...
Persistent link: https://www.econbiz.de/10009475352
Measuring the contribution of different markets to the price discovery process of a common asset has been the subject of many research studies in the last decade. In particular the newly developed derivatives markets have given rise to an increasing number of empirical studies examining the...
Persistent link: https://www.econbiz.de/10009475355
The present thesis extends the economic literature on the enforcement of environmental regulations by empirically analysing the effectiveness of environmental criminal law. It is a shortcoming of the discussion on the merits of criminal sanctions for environmental offenses that the empirical...
Persistent link: https://www.econbiz.de/10009476185
Germany has been an immigration country for more than 30 years now, although many politicians claim the opposite and many people in Germany are inclined to agree with their assessment. However, it is the actual experience with immigration, and not what people would like to experience, which...
Persistent link: https://www.econbiz.de/10009476209
In an increasingly competitive environment, firms have to optimally adjust both their allocation of input factors and their technology portfolio. The latter determines economies of scope and scale in future research and production. The aim of this dissertation is to achieve better insight into...
Persistent link: https://www.econbiz.de/10009460747
Background: Health-care institutions have looked to business for models to respond to the requirement for reform. This has changed the perspective of institutions that were founded on charitable principles, and managed with liberal employment policies and deficit budgeting. Using lesions from...
Persistent link: https://www.econbiz.de/10009447213
This paper investigates the economic role of bank mergers in creating shareholder value based on the idea that shareholder wealth will increase if the consolidation leads to the aforementioned gains. This paper is divided into seven sections. The second section of my paper provides an academic...
Persistent link: https://www.econbiz.de/10009429056
unemployment is analysed for a sample of European countries between 1986 and 1998 by measures of spatial autocorrelation and … Arbeitslosigkeit in einigen EU-Staaten zwischen 1986 und 1998 untersucht. Hierzu werden Maße der räumlichen Autokorrelation und …
Persistent link: https://www.econbiz.de/10009442395
heteroscedasticity and autocorrelation in asset returns are the primary sources of test mis-specification in these linearity …-in-the-mean hypothesis tests. To address this problem, an innovative approach is proposed to control heteroscedasticity and autocorrelation … the theme of the previous two studies, the effects of heteroscedasticity and autocorrelation are examined in the portfolio …
Persistent link: https://www.econbiz.de/10009437793