Showing 1 - 10 of 16,548
There are many different approaches to the process of stress testing and two of them will be investigated in this paper. The first one is a stress test performed on aggregated data i.e. the banking system as a whole. The variable of interest in both exercises is the Loan Loss Provision ratio...
Persistent link: https://www.econbiz.de/10010784683
This paper provides a novel mechanism for identifying and estimating latent group structures in panel data using …-specific coefficients. C-Lasso achieves simultaneous classification and consistent estimation in a single step and the classification … exhibits the desirable property of uniform consistency. For PLS estimation C-Lasso also achieves the oracle property so that …
Persistent link: https://www.econbiz.de/10011096428
panel model enables us to test for both internal and external deep habit formation at the same time. The former captures …
Persistent link: https://www.econbiz.de/10011083085
This paper uses scanner data at the individual customer level, compiled from the loyalty card database of a European retailer, to determine the importance of implicit contracts as a source of price stickiness. Drawing from Customer Relationship Management (CRM), we use segmentation techniques...
Persistent link: https://www.econbiz.de/10011083106
preference or choice data. The authors exploit a new method for estimating probit models from panel data to infer market …
Persistent link: https://www.econbiz.de/10011113209
Income, expenditure and similar variables in monetary units tend to have distributions similar to log-normal. Description of such variables after logarithmic transformation by the normal model is often not accurate enough, especially for multivariate data. Deviations of their empirical...
Persistent link: https://www.econbiz.de/10011195579
High dimensional factor models can involve thousands of parameters. The Jacobian matrix for identification is of a large dimension. It can be difficult and numerically inaccurate to evaluate the rank of such a Jacobian matrix. We reduce the identification problem to a small rank problem, which...
Persistent link: https://www.econbiz.de/10010730125
This paper considers estimation in a stationary heterogeneous panel model where common unknown factors are present. A …
Persistent link: https://www.econbiz.de/10010738376
This paper provides a novel mechanism for identifying and estimating latent group structures in panel data using …-specific coefficients. C-Lasso achieves simultaneous classification and consistent estimation in a single step and the classification … exhibits the desirable property of uniform consistency. For PLS estimation C-Lasso also achieves the oracle property so that …
Persistent link: https://www.econbiz.de/10010887078
The concept of sustainable development requires countries all over the world to use their natural resources rationally … World Development Indicator Data. Second, this paper applies an integrated paradigm to investigate the relationship between … natural resource availability, economic growth, and the environment using a panel of 62 countries over the period 1990 …
Persistent link: https://www.econbiz.de/10011048786