Showing 1 - 10 of 47
This paper analyzes volatility spillovers in multivariate GARCH-type models. We show that the cross-effects between the conditional variances determine the persistence of the transmitted volatility innovations. In particular, the influence of a foreign volatility innovation on a conditional...
Persistent link: https://www.econbiz.de/10010341118
In this paper, we assess the accuracy of macroeconomic forecasts at the regional level using a unique data set at quarterly frequency. We forecast gross domestic product (GDP) for two German states (Free State of Saxony and Baden-Württemberg) and Eastern Germany. We overcome the problem of a...
Persistent link: https://www.econbiz.de/10011685344
As recommendation algorithms have been increasingly applied to content personalization services, scholars are voicing … concern about the negative impacts of these algorithms, for instance filter bubbles and ideological polarization. This … research attempts to analyze the various factors influencing users' continuance intention of recommendation algorithms through …
Persistent link: https://www.econbiz.de/10012153761
Algorithms play increasingly critical roles these days. With the conceptualization of algorithms as a socio … such as privacy, transparency, and fairness emerge as critical concerns of the social ramifications of algorithms and their … impact on the new information milieu. With these rising issues, the questions are raised as to how to govern algorithms and …
Persistent link: https://www.econbiz.de/10012153766
This paper presents a counter-factual model identifying Average Treatment Effects (ATEs) by Conditional Mean Independence when externality (or neighbourhood) effects are incorporated within the traditional potential outcome model. As such, it tries to generalize the usual approach, widely used...
Persistent link: https://www.econbiz.de/10011492646
This paper presents an original econometric model for estimating a dose-response function through a regression approach when: (i) treatment is continuous, (ii) individuals may react heterogeneously to observable confounders, and (iii) selection-into-treatment may be potentially endogenous. After...
Persistent link: https://www.econbiz.de/10011494458
The article concerns with the subject of studying economic behavior of taxpayers with regard to tax evasion. An overview of theoretic and methodological approaches concerning decision making on the base of rational and behavior principles is given. The methodology of research assumes application...
Persistent link: https://www.econbiz.de/10011543370
Implicit in the text-book monopoly is an assumption of complete and instantaneous information or knowledge available to economic agents at free of charge. Under such circumstances, knowing the certain price and cost functions, the monopolist can make an optimal decision of price and output to...
Persistent link: https://www.econbiz.de/10011505806
The maximum entropy methodology is applied to the Schelling model of urban segregation in order to obtain a reliable prediction of the stable configuration of the system without resorting to numerical simulations. We show that this approach also provides an implicit equation describing the...
Persistent link: https://www.econbiz.de/10011540759
Historically Switzerland is characterized by numerous small towns. During the twentieth century, the image of Swiss cities has changed: the expansion of the city has reached the limits of administrative urban borders, penetrating in peripheral locations. The main reasons concern not only the...
Persistent link: https://www.econbiz.de/10011477069