Bu makale emeklilik fonu yöneticilerinin piyasa zamanlama stratejisi uygulayıp uygulamadıklarını doğrusal olmayan yumuşak geçişli modeller yöntemiyle araştırmakta ve piyasa zamanlama stratejisi uygulayan fonların değişen risk ve getiri performansını günlük veri kullanarak...

In this paper we link the estimates of the gender wage gap with the gender sensitivity of the language spoken in a given country. We find that nations with more gender neutral languages tend to be characterized by lower estimates of GWG. The results are robust to a number of sensitivity checks.

This paper assesses whether the sensitivity of bilateral trade volumes to various trade cost factors is constant or varies across countries. It utilizes a random coeffcients model and analyses a cross-sectional sample of bilateral trade data for 96 countries in 2005. We expect the elasticity of...

Diagnosing foehn winds from weather station data downwind of topographic obstacles requires distinguishing them from other downslope winds, particularly nocturnal ones driven by radiative cooling. We present an automatic classification scheme to obtain reproducible results that include...

We use a panel of European firms to investigate the relationship between intangible assets and productivity. We disentangle between tfp and technology adoption, while available studies so far have considered only a notion of productivity conflating the two effects. To this aim, we estimate...

The literature on aggregate investment has recently shifted attention away from the stock market in favor of the bond market as a consequence of the disappointing empirical results of stock market's Q and the ability of credit spreads to forecast investment and output growth. In this paper we...

This paper uses the structural change model and wavelet exploratory analysis to re-examine Tobin's q theory of investment. There are two main results. First, wavelet exploratory analysis provides a useful complementary approach to standard confirmatory statistical analysis. Specifically, using...

This article studies the location pattern of foreign direct investment (FDI) in Mexico for the period 1994–2004. An empirical model is specified based on recent FDI theories. This model is estimated using state-level data and employing spatial econometric techniques. Results suggest that...

Heating and cooling degree days are in common use in conditional demand models, billing analysis, and large-scale energy forecasts. The implications of either choosing an ex-ante base temperature, or scanning over the base temperatures, as suggested in Fels (1986) and recommended by some...