Showing 1 - 10 of 52
This doctoral thesis addresses in a sequence of five essays the question how fiscal policy and economic output are interrelated in emerging Europe and how this relationship is shaped by the respective politico-economic environment and the individual-level support for economic reforms. Following...
Persistent link: https://www.econbiz.de/10009480955
well in the literature under different experimental conditions of sample sizes, variance ratios or nonnormality. Drawing … biasing effects of nonnormality. A Monte Carlo simulation investigation is conducted to compare the Type I error rate and the …, sample-size pairings with group variances, and degree of nonnormality are manipulated in the simulation. The results show …
Persistent link: https://www.econbiz.de/10009450834
We adapt the Expectation-Maximization (EM) algorithm to incorporate unobserved hetero- geneity into conditional choice probability (CCP) estimators of dynamic discrete choice problems. The unobserved heterogeneity can be time-invariant, fully transitory, or follow a Markov chain. By exploiting...
Persistent link: https://www.econbiz.de/10009441098
In this paper, we suggest a Stata routine for multinomial logit models with unobserved heterogeneity using maximum simulated likelihood based on Halton sequences. The purpose of this paper is twofold. First, we describe the technical implementation of the estimation routine and discuss its...
Persistent link: https://www.econbiz.de/10009442791
This paper investigates preference heterogeneity of wine consumers by using latent class models based onattitudinal questions. Such responses turn out to be an important source of additional information when the goalis to identify different groups of people with a similar wine preference...
Persistent link: https://www.econbiz.de/10009443205
This paper investigates preference heterogeneity of wine consumers by using latent class models based onattitudinal questions. Such responses turn out to be an important source of additional information when the goalis to identify different groups of people with a similar wine preference...
Persistent link: https://www.econbiz.de/10009445575
In dynamic discrete choice analysis, controlling for unobserved heterogeneity is an important issue, and finite mixture models provide flexible ways to account for unobserved heterogeneity. This paper studies nonparametric identifiability of type probabilities and type-specific component...
Persistent link: https://www.econbiz.de/10009447271
We examine the failure determinants for large quoted UK industrials using a panel data setcomprising 539 firms observed over the period 1988-93. The empirical design employs datafrom company accounts and is based on Chamberlain’s conditional binomial logit model,which allows for unobservable,...
Persistent link: https://www.econbiz.de/10009465479
Die meisten wissenschaftlichen Studien, die sich einer Analyse des gesellschaftlichen Problems „Armut“ widmen, untersuchen die Armutssituation in einer Periode. Da eine statische Betrachtungsweise aber nur ein unvollständiges Bild vermittelt, wird in dieser Arbeit die individuelle Dynamik von...
Persistent link: https://www.econbiz.de/10009451188
High quality image data on how consumers perceive brands is essential to make good brand management decisions. Prior studies reveal that brand images are not very reliable, as they are typically measured in industry, which might be due to the answer format typically used (Rungie et al., 2005)....
Persistent link: https://www.econbiz.de/10009457361