Abstract In many areas of economic analysis, economic theory restricts the shape as well as other characteristics of functions used to represent economic constructs. Obvious examples are the monotonicity and curvature conditions that apply to utility, profit, and cost functions. Commonly, these...

We develop a Bayesian framework for estimating non-stationary Markov models in situations where macro population data is available only on the proportion of individuals residing in each state, but micro-level sample data is available on observed transitions between states. Posterior...

Handelsbeschränkungen; Exportkontrollen; Ernährungskrisenpolitik; Länder der ehemaligen Sowjetunion; Funktionsfähigkeit von Agrarmärkten; Effizienz von Wertschöpfungsketten für Nahrungsmittel; Preistransmission; Preisvolatilität; Wetterextreme; Globale Ernährungssicherheit