Showing 1 - 10 of 55
This contribution studies the application of heteroskedasticity robust estimation of Vector-Autoregressive (VAR) models. VAR models have become one of the most applied models for the analysis of multivariate time series. Econometric standard software usually provides parameter estimators that...
Persistent link: https://www.econbiz.de/10010079546
I/O models have been widely used to assess the impacts of many changes in an economy. An I/O model is also an important tool to make forecasts and the results from an I/O model are very helpful in many policy-making processes. Many scientific findings in economics have to give credit to the I/O...
Persistent link: https://www.econbiz.de/10010079553
The hypothesis that devaluating and depreciating the exchange rate in developing economies will lead to fast growth and economic development has drawn some controversies and debates during the past 20 years in the area of development economics. Mainly, due to the delayed results in some...
Persistent link: https://www.econbiz.de/10010097675
Using the Stochastic Dominance (SD) approach, this paper revisits the day-of-the-week effect for a developing market, the Istanbul Stock Exchange (ISE). SD results provide different results independent of distribution assumptions. The results indicate that Monday and Tuesday cannot be dominated...
Persistent link: https://www.econbiz.de/10010009094
This work analyzes the use of the train by the Galician companies when they do business transactions with northern Portuguese operators. The residual usage of this infrastructure (0.01 of all the transactions) is proved opposite the masive use of the truck; factors that explain the choice and...
Persistent link: https://www.econbiz.de/10009958329
This paper proposes another realistic application of the economic order quantity EOQ model. Researchers have studied EOQ models that assume the received lot contains items that are perfect and imperfect. All models in the literature assume that the received lot goes through a 100% inspection to...
Persistent link: https://www.econbiz.de/10009958473
This paper evaluates the effect of an anti-poverty program, Chile Solidario, during its first two years of operation. We find that the program tends to increases significantly their take-up of cash assistance programs and of social programs for housing and employment, and to improve education...
Persistent link: https://www.econbiz.de/10009959123
Mit der wirtschaftlichen Integration Chinas in die Weltwirtschaft entsteht ein neues Wachstumszentrum, das die globale Konjunktur maßgeblich beeinflussen kann. So könnten starke Produktionszuwächse in China dazu beitragen, eine schwächelnde Konjunktur in den Industrieländern zu stützen. In...
Persistent link: https://www.econbiz.de/10010079441
This study attempts to examine the price discovery process and volatility spillovers in Gold futures and spot markets of National Commodity Derivatives Exchange (NCDEX) by employing Johansen’s Vector Error Correction Model (VECM) and the Bivariate ECM-EGARCH(1,1) model. The empirical result...
Persistent link: https://www.econbiz.de/10010097639
Econometric models, in the estimation of real estate prices, are a useful and realistic approach for buyers and for local and fiscal authorities. From the classical hedonic models to more data driven procedures, based on Artificial Neural Networks (ANN), many papers have appeared in economic...
Persistent link: https://www.econbiz.de/10010160664