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In this paper we analyse the market integration process of the relative price distribution, develop a model to analyze … distribution. We present concepts and definitions related to the market integration process, link this to price convergence in … distribution, argue that the Law of One Price (LOP) is not a sufficient condition for market integration, and present a formal test …
Persistent link: https://www.econbiz.de/10010326394
have shaped Argentina’s income distribution: deep macroeconomic crisis and periods of openness and integration. The …This paper documents the income distribution changes experienced by Argentina during the last decades. Inequality … integration. The depth and speed of the reforms and the absence of public policies to ease the transition contributed to the …
Persistent link: https://www.econbiz.de/10011941056
This paper documents the changes in the income distribution in Argentina from the mid-1970s to the mid-2000s. Over the … stimulated by the process of economic integration. The depth and speed of the reforms and the scarcity of public policies to ease … the transition contributed to the particular severity of the income distribution changes. The macro crises and the …
Persistent link: https://www.econbiz.de/10011429284
Modern statistical computing requires smooth integration of new algorithms and quantitative analysis results in all …
Persistent link: https://www.econbiz.de/10010296434
We propose a client server architecture for statistical computing. The main feature of our approach is the possibility to connect various client programs via a TCP/IP connection to a powerful statistical engine. This offers the opportunity to include the statistical engine into a number of...
Persistent link: https://www.econbiz.de/10010310589
Moral hazard in an organization occurs when people make decisions and take a high risk for their own benefit, given that they would not have to bear all the negative ensuing consequences should they occur. This risk transferred to third parties is generally due to the catalysts that foster this...
Persistent link: https://www.econbiz.de/10014525707
As companies' environment is becoming increasingly volatile, scanning systems gain in importance. We propose a hybrid process model for such systems' information gathering and interpretation tasks that combines quantitative information derived from regression analyses and qualitative knowledge...
Persistent link: https://www.econbiz.de/10010421387
MOL Plc as a national champion does not simply take part in the implementation of the state's decisions but the company's cooperation is needed in realizing the economic, political and social considerations of the authorities. Therefore the company is provided with special preferential...
Persistent link: https://www.econbiz.de/10010494534
darauf basierend die Distribution von Gewinnen diskutiert und behauptet, dass der Gewinn zunächst einmal der Unternehmung … discuss the distribution of wealth stating that the profits are attributable to the firm in its own rights. …
Persistent link: https://www.econbiz.de/10014476164
geographical distribution of trade and the nature of trade specialization on the basis of the Grubel-Lloyd Intra-Industry Trade …
Persistent link: https://www.econbiz.de/10010299334