Showing 1 - 10 of 11
Using Kalman filtering and dynamic factor analysis, we decompose fluctuations in real aggregate output, consumption, and investment for the G7 countries into factors that are (i) common across all countries and aggregates, (ii) common across aggregates within a country, and (iii) specific to...
Persistent link: https://www.econbiz.de/10011940562
This paper analyses the effects of inflation on ex-post real interest rates in an international framework. A dynamic factor model is estimated in which real interest rates are influenced by real interest and inflation factors that are common to all the countries, and by country- specific...
Persistent link: https://www.econbiz.de/10011940582
Persistent link: https://www.econbiz.de/10012609519
We analyse procurement auctions in which sellers are distinguished on the basis of the ratios of quality per unit of money that they offer. Sellers are privately informed on the offered quality of the technology or good. We assume that the procurer cannot perfectly identify the best offer. Thus,...
Persistent link: https://www.econbiz.de/10010317026
represented by a directed graph and the question of ranking or scoring the alternatives can be turned into the question of … assessing the centrality of nodes of the graph. This paper characterizes the principal eigenvector as a scoring function with a … set of axioms. A zero-sum scoring function based on the difference of principal right and left eigenvectors is introduced …
Persistent link: https://www.econbiz.de/10012503033
We analyse procurement auctions in which sellers are distinguished on the basis of the ratios of quality per unit of money that they offer. Sellers are privately informed on the offered quality of the technology or good. We assume that the procurer cannot perfectly identify the best offer. Thus,...
Persistent link: https://www.econbiz.de/10009765519
show that in the case of a goal being scored just before halftime, the scoring team benefits more from the halftime break …
Persistent link: https://www.econbiz.de/10012209219
Persistent link: https://www.econbiz.de/10012434609
Persistent link: https://www.econbiz.de/10012493117
Es sabido que en Argentina, contrariamente a la región, el crédito interno sobre PBI históricamente se encontró en niveles bajos. Analizando los últimos diez años podemos ver que el país fluctuó siempre entre un 12 y 15% de bancarización respecto al PBI (Banco Mundial, 2017). Asimismo,...
Persistent link: https://www.econbiz.de/10012175721