The global financial crisis and stiff market competition enhance risk exposures that raise debate on the cost of financial intermediation and the supremacy of banks' efficiency. This study examines the concurrent effects of bank risk, efficiency and cost of financial intermediation of...

We provide a concise introduction to a household-panel data infrastructure that provides the international research community with longitudinal data of private households in Germany since 1984: the German Socio-Economic Panel (SOEP). We demonstrate the comparative strength of the SOEP data in...

Through its whole set of activities related to the invention, development, production and use of biological products and processes, bio-economy contributes significantly to the economy and to the progress of society by improving the sustainability of health, nutrition, energy efficiency,...

Regardless Adult participation in learning (APinL) indicator was by European Commission (2010) in Europe 2020 Strategy targeted with 15% by 2020, for European Union (EU) countries the respective percentage in 2017 was 10.9% only, with coefficient of variation of 70.4%. Recently it has been...

This article aims to determine which variables have effect on the attendance frequency to live flamenco shows. Firstly we have done interviews to flamenco and music industry experts to achieve new-fangled variables in our analysis. Secondly, these variables were valued by flamenco consumers...

In 2008, the company Airbnb started its activity becoming the most representative tourism accommodation company from the sharing economy. Nowadays, it has more than 6.500.000 registered listings around the world. Previous literature examines hedonic models where Airbnb's prices are explained in...

The valuation of options and to a large extent the financial derivatives market require an optimal estimation of the volatility, since this is precisely the variable that is negotiated. We present then a statistical methodology for the estimation of the volatility parameter for an asset using...

This paper describes a moments estimator for a standard state-space model with coefficients generated by a random walk. The method calculates the conditional expectations of the coefficients, given the observations. A penalized least squares estimation is linked to the GLS (Aitken) estimates of...

Schätzungen von Volatilitätsfunktionen des kurzfristigen Zinssatzes unter Verwendung von deutschen Daten Der vorliegende Artikel testet verschiedene Spezifikationen zur Modellierung des Euro-DM-3-Monats-Zinssatzes, wobei die Hypothese einiger Modelle, der zufolge der Daten generierende Prozeß...

This paper examined the impact of fiscal deficit on inflation in Namibia. The paper employed Autoregressive Distributed Lag Model (ARDL) and Granger causality approach using quarterly data for the period 2002 - 2017. Empirical results showed evidence of a long run positive effect of fiscal...