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In this article we introduce a decomposition of the joint distribution of price changes of assets recorded trade-by-trade. Our decomposition means that we can model the dynamics of price changes using quite simple and interpretable models which are easily extended in a great number of...
Persistent link: https://www.econbiz.de/10009441542
Registration of births, recording deaths by age, sex and cause, and calculating mortality levels and differentials are fundamental to evidence-based health policy, monitoring and evaluation. Yet few of the countries with the greatest need for these data have functioning systems to produce them...
Persistent link: https://www.econbiz.de/10009447936
When categorical data are misplaced into the wrong category, we say the data is affected by misclassification. This is … that ignore misclassification can be biased. In this dissertation, we develop methods to provide improved estimators and … misclassification/reclassification model. These correction methods use the score function approach, regression calibration and a mixture …
Persistent link: https://www.econbiz.de/10009467829
misclassification in register data. The analysis of the determinants for job separation with transition to unemployment illustrates the …
Persistent link: https://www.econbiz.de/10009471801
models to adjust for misclassification will be proposed to address four related questions of interest.The first question … inferences. As a methodological transition into our next motivating example, we address this general misclassification problem as … correct for misclassification in this setting utilizing external or internal validation data.Our fourth question aims to …
Persistent link: https://www.econbiz.de/10009480846
Life Cycle Cost Analysis provides a form of synopsis of the initial and consequential costs of building related decisions. These cost figures may be implemented to justify higher investments, for example, in the quality or flexibility of building solutions through a long term cost reduction. The...
Persistent link: https://www.econbiz.de/10009438368
created by polling the respondents on their expectations versus intentions. Expectation-based forecasts are more efficient … statically significant positive relationship between confidence and the accuracy of individual-level expectations. This positive …
Persistent link: https://www.econbiz.de/10009438764
The European Union beef market regulation is largely influenced by the Common Agricultural Policy (CAP). With the 1992 CAP reform, there was a partial shift by the EU from product price support to a more direct form of income support by way of direct payments. For beef there was a move to direct...
Persistent link: https://www.econbiz.de/10009443856
This paper takes a new empirical look at the long-standing question of the effect of exchange rate volatility on international trade flows by studying the case of Taiwan's exports to the United States from 1989-1998. In particular, we employ sectoral-level, monthly data and an innovative...
Persistent link: https://www.econbiz.de/10009445066
In modeling expectation formation, economic agents are usually viewed as forming expectations adaptively or in …, we show that this kind of model performs well in simulation experiments. Focusing upon producers' expectations in the …
Persistent link: https://www.econbiz.de/10009447863