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Assume we have a dataset, Z say, from the joint distribution of random variables X and Y , and two further, independent datasets, X and Y, from the marginal distributions of X and Y , respectively. We wish to combine X, Y and Z, so as to construct an estimator of the joint density. This problem...
Persistent link: https://www.econbiz.de/10010296689
Sri Lanka's Termination of Employment of Workmen Act (TEWA) requires that firms with 15 or more workers justify layoffs and provide generous severance pay to displaced workers, with smaller firms being exempted. Although formally subject to TEWA, firms in Export Promotion Zones (EPZs) do not...
Persistent link: https://www.econbiz.de/10012018481
Estimated Ricardian models have been criticized because they rely on mean temperatures and do not explicitly include extreme temperatures. This paper uses a cross sectional approach to compare a standard quadratic Ricardian model of mean temperature with a fully flexible daily temperature bin...
Persistent link: https://www.econbiz.de/10011816746
, prices of the imported beef and corn, and prices of Korean cattle and imported beef. We examine threshold points using … threshold vector autoregressive (TVAR) model by assuming the presence of nonlinearity. We find that there are two thresholds in …
Persistent link: https://www.econbiz.de/10011850184
International Coffee Agreement (ICA) in 1990. Our results confirm the presence of threshold effects in both periods (ICA and post …
Persistent link: https://www.econbiz.de/10009444363
relevant threshold, where the true mean or variance itself is unobserved. Methods to be discussed include derivations based on …
Persistent link: https://www.econbiz.de/10009480846
growth. This paper utilized a quarterly time series data for the period 1981 - 2009 to estimate a threshold level of … inflation for Nigeria. Using a threshold regression model developed by Khan and Senhadji (2001), the study estimated a threshold … inflation level of 13 per cent for Nigeria. Below the threshold level, inflation has a mild effect on economic activities, while …
Persistent link: https://www.econbiz.de/10011482569
We study the impact of loss-aversion and the threat of catastrophic damages, which we jointly call threshold concerns …, on international environmental agreements. We aim to understand whether a threshold for dangerous climate change is as an …), or low damages (gain domain). Under symmetry, that is when countries display identical degrees of threshold concern, we …
Persistent link: https://www.econbiz.de/10011492393
) depreciation or devaluation of the naira. Furthermore, the paper finds that the threshold in exchange rate devaluation …
Persistent link: https://www.econbiz.de/10012229209
Detection turning points in unimodel has various applications to time series which have cyclic periods. Related techniques are widely explored in the field of statistical surveillance, that is, on-line turning point detection procedures. This paper will first present a power controlled turning...
Persistent link: https://www.econbiz.de/10013208609