Los ingresos del trabajo de los hogares están expuestos a fluctuaciones que no siguen una distribución normal y que varían en función tanto de la edad como de la posición en la distribución de la renta. En este documento mostramos que, al capturar estas características de manera rica y...

The optimisation of production plans is an important topic in agriculture, often related to diversificationand specialisation as the classical instruments of coping with production risk. Althoughthe measurement of embedded risk is often inaccurate, it is nevertheless necessary for decisionmaking...

This paper extends the Laplace estimators proposed by Chernozhukov and Hong (2003) to incorporate the statistic that tests the overidentifying restrictions in the GMM. This information was previously ignored during parameter estimation in econometrics with Bayesian methods. The parameters and...

This study empirically investigates the presence of crowding out effects emerging from intra- developing country competition in export markets for manufactured goods. Export equations are estimated for a panel consisting of twenty major developing country exporters of manufactures, after...