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selection of forecasting models to tackle their common data features yet distinct problems. …
Persistent link: https://www.econbiz.de/10012804940
An integrated assessment model is used to simulate the introduction of various emissions trading schemes based on the Kyoto protocol on the reduction of greenhouse emissions. The implications of the various systems in terms of income distribution are illustrated, and it is claimed that the issue...
Persistent link: https://www.econbiz.de/10011608521
An integrated assessment model is used to simulate the introduction of various emissions trading schemes based on the Kyoto protocol on the reduction of greenhouse emissions. The implications of the various systems in terms of income distribution are illustrated, and it is claimed that the issue...
Persistent link: https://www.econbiz.de/10014172835
This paper contributes towards the growing debate concerning the world distribution of in- come and its evolution over that past three to four decades. Our methodological approach is twofold. First, we formally test for the number of modes in a cross-sectional analysis where each country is...
Persistent link: https://www.econbiz.de/10010265084
the beginning of the forecasting horizon. However, when the forecasting horizon increases the VARs outperform the ARs …. Comparing the forecasting performance of the ECMs, it was found that the forecasting ability of the ECMs in first differences … outperform the level based ECMs when the forecasting horizon increases. …
Persistent link: https://www.econbiz.de/10010294037
This paper contributes towards the growing debate concerning the world distribution of income and its evolution over that past three to four decades. Our methodological approach is twofold. First, we formally test for the number of modes in a cross-sectional analysis where each country is...
Persistent link: https://www.econbiz.de/10010296043
Interdependence is ubiquitous, and often central, across comparative politics. In comparative political economy, for example, globalization and rising capital mobility imply tax competition that suggests the fiscal policies of one country must depend crucially upon those of other countries with...
Persistent link: https://www.econbiz.de/10014220989
Internet auctions have recently gained widespread popularity and are one of the most successful forms of electronic commerce. We examine a dataset of eBay coin auctions to explore features of online bidding and selling behavior. We find that profit margins for bidders are slim on average, that...
Persistent link: https://www.econbiz.de/10014158940
This study addresses the need for an early warning system of financial distress of nations, amply demonstrated by failures in Mexico and South East Asia. We find that financial ratios of failing nations, and those of failing corporations, display similar patterns. A neural network was trained on...
Persistent link: https://www.econbiz.de/10014125775
The purpose of this research is to fill the gaps in the literature by providing a comprehensive study on how to utilize and improve the performance of the receding horizontal control and stochastic programming (RHCSP) method pertaining to the oil and currency markets
Persistent link: https://www.econbiz.de/10012996019