In this paper, we review the most common specifications of discrete-time stochastic volatility (SV) models and illustrate the major principles of corresponding Markov Chain Monte Carlo (MCMC) based statistical inference. We provide a hands-on ap proach which is easily implemented in empirical...

Traditional econometric analysis concentrate on classical methods which are far from suitable handling actual economic problems. Modern econometric analysis tries to develop new approaches from an economic perspective. As a consequence, there is less of a unified econometric theory than in...

The importance of knowledge and innovation in modern economies justifies the in-creasing interest that scholars are taking in studying knowledge-intensive business services (KIBS). The objective of this paper is to track the evolution of the key dimen-sions on which scholars have based their...