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...

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...

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...

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...

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...

This paper estimates the fishing costs and the returns to fishing for nine commercial salmon fleets in Alaska. The econometric model uses a two-stage least squares estimation procedure to estimate the effect of congestion and heterogeneity on the returns to fishermen. The hypotheses that...

Inappropriate diets have been found to cause long-term health problems in most industrial and post-industrial countries worldwide. Despite the existence of dietary guidelines in many countries – and widespread familiarity with these guidelines – large shares of the populations donot comply...