In recent years an increasing amount of efforts has been devoted to the evaluation of geographically-targeted economic development (GTED) programs. In the U.S. and in Great Britain, geographically-targeted business incentives (denominated Enterprise Zone programs) are an important policy...

This paper measures profit efficiency and examines the effect of access to microfinance on theperformance of rice firms in Bangladesh. An extended Cobb-Douglas stochastic frontier profit function wasused to assess profit efficiency and profit loss of rice farmers in Bangladesh in a survey data...

Background: In this paper we propose the use of the within-subject coefficient of variation as an index of a measurement's reliability. For continuous variables and based on its maximum likelihood estimation we derive a variance-stabilizing transformation and discuss confidence interval...

Actual investment performance reflects the underlying strategy of the portfolio manager and the execution costs incurred in realizing those objectives. Execution costs, especially in illiquid markets, can dramatically reduce the notional return to an investment strategy. This paper examines the...

The analysis of longitudinal repeated measures data is frequently complicated by missing data due to informative dropout. We describe a mixture model for joint distribution for longitudinal repeated measures, where the dropout distribution may be continuous and the dependence between response...

En el marco del Programa «Finanzas Para Todos», el Banco de España y la Comisión Nacional del Mercado de Valores coordinaron en 2013 un curso de Educación Financiera en 3.º de la ESO. Este curso fue impartido por los profesores de más de doscientos centros, y sus contenidos versaban sobre...

Com a abertura comercial na década de 90, muitos setores da economia que estavam em processo de industrialização se viram em dificuldade em enfrentar uma nova estrutura de competição, isso por sua vez acarretou numa industrialização tardia para algumas empresas do setor industrial,...

The analysis of technical efficiency (TE) on the small-scale fishery is relevant for several reasons. While this type of fishery is highly common in developing countries like Mexico, there are a very limited number of analyses assessing their efficiency. Indeed, there is no precise information...

The measurement of productivity fluctuations has been the focus of decades-long interest. In addition to broad structural forces driving productivity changes, there is more recent interest in measuring and identifying the heterogeneous forces driving these changes. A major force is...

The paper measures the U.S. Farm Credit System’s technical efficiency from 2000 to 2009 using a stochastic frontier production function model with quarterly unbalanced panel data. The paper's results suggest that the FCS has not efficiently utilized their inputs. On an average, the system...