This thesis investigates the determinants of the use of debt and leasing in the UK using a comprehensive measure of debt and leases, in recognition of the link between lease and debt-type financing decisions, based on financial contracting theory and the tax advantage hypothesis. The design of...

In vielen Anwendungen ist es notwendig, die stochastische Schwankungen der maximalen Abweichungen der nichtparametrischen Schätzer von Quantil zu wissen, zB um die verschiedene parametrische Modelle zu überprüfen. Einheitliche Konfidenzbänder sind daher für nichtparametrische Quantil...

Let (X1, Y1), . . ., (Xn, Yn) be i.i.d. rvs and let l(x) be the unknown p-quantile regression curve of Y on X. A quantile-smoother ln(x) is a localised, nonlinear estimator of l(x). The strong uniform consistency rate is established under general conditions. In many applications it is necessary...

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...

We estimate the public wage gap in France for the period 1990-2002, both at the mean andat different quantiles of the wage distribution, for men and women separately. We account forunobserved heterogeneity by using fixed effects estimations on panel data and, departingfrom usual practice, allow...

This paper uses new micro data from the Ukrainian Longitudinal Monitoring Survey (ULMS) to examine the gender gaps across the distribution of wages in Ukraine during communism (1986), the start of transition (1991), and after Ukraine started to be considered a market economy (2003). We findthat...

This paper uses quantile regression and counterfactual decomposition methods to investigate whether a ‘glass ceiling’ exists or if instead a ‘sticky floor’ is more prevalent among the African populace in the South African ‘formal’ labour market. Furthermore, it assesses whether the...

Applying bootstrapped quantile regression to the Russian Longitudinal Monitoring Survey (RLMS) data, we examine the channels through which individuals experience and seek to cope with changes in consumption. We find that married individuals living in small households, with educated heads in...

This paper uses new micro data from the Ukrainian Longitudinal Monitoring Survey (ULMS) to examine the gender gaps across the distribution of wages in Ukraine during communism (1986), the start of transition (1991), and after Ukraine started to be considered a market economy (2003). We find that...

The purpose of the current paper is to explain how one can forecast the effect of an elected tax on saturatedfat on the demand for butter. The tax is to take affect from the first of January 2010 in Denmark. The tax is supposedto affect the consumption of saturated fat and especially high...