Calls for more frequent application of the second-generation statistical methods such as structural equation modeling (SEM) have emerged in the field of management accounting recently. The aim of this article is to compare these statistical methods to the first-generation methods using the...

Using a simplified NEG model, we investigates the relation between labor diversity and agglomeration. In the theoretical part, we assume the following two-region model. Homogenous consumption goods are produced using a constant returns technology with homogenous capital and heterogenous workers....

We trace the impact of the European Central Bank (ECB) asset purchase programme (APP) on the yield curve. Exploiting granular information on sectoral asset holdings and ECB asset purchases, we construct a novel measure of the "free-float of duration risk" borne by pricesensitive investors. We...