The detection of business-cycle turning points is usually performed with non-linear discrete-regime models such as binary dependent variable (e.g., probit or logit) or Markov-switching methods. The probit model has the drawback that the continuous underlying target variable is discretized, with...

This paper analyzes a closed linear polycentric city with homogenous households who probabilistically select their workplace and residence locations. The study utilizes a continuous logit model to describe household location choices. In contrast to the classic urban model with deterministic...

Der Sammelband gibt Vorträge und Statements der Tagung des Instituts der deutschen Wirtschaft am 24. 11. 1992 in Bonn wieder. Inhalt: Lennings, Manfred: Anforderungen an das Bildungssystem aus Sicht der Wirtschaft. - Tropitzsch, Heiner: Die Herausforderungen für das duale System. -...