This dissertation, in its most general context, is an investigation into themodeling of markets with imperfectly informed agents. In such markets, there willinvariably be incentives for informed agents to take advantage of informationasymmetries by disseminating the relevant information to...

This dissertation improves upon the estimation of inflation equation, using the ad-ditional measures of distribution of price changes and the optimum choice of instru-mental variables. The measures of dispersion and skewness of the cross-sectionaldistribution of price changes have been used in...

Sectoral shifts of labor demand can have significant effects on aggregate rate and duration of unemployment, and this is known as sectoral shifts hypothesis. To mea¬sure the sectoral shifts, past studies use David M. Lilien’s dispersion measure which represents the effect of the changes in...