El presente documento busca analizar el comportamiento de los hogares colombianos en la compra de vehículo nuevo para uso particular, y modelar el funcionamiento de la demanda de vehículos particulares en Colombia, entre 2009 y 2011. Esto a partir de la estimación de un modelo logit anidado...

In finite mixture model clustering, each component of the fitted mixture is usually associated with a cluster. In other words, each component of the mixture is interpreted as the probability distribution of the variables of interest conditionally on the membership to a given cluster. The...

This paper investigates the prospects for Ireland to grow its economy against the backdrop of high indebtedness. The paper uses vector autoregressive analysis to explore the interlinkages among competitiveness, exports, economic growth, and fiscal performance. The emerging conclusion is that...

This article considers the competitiveness of residential tourist destinations of the Spanish Mediterranean Sea, the Balearic Islands and the Canary Islands, studied through the prism of Michael Porter's competitive advantage theory. The methodology applied in this study is based on the contrast...

The key proposition of the paper lies in the treatment of financial statements as a matrix of endogenous information codetermined by double entry. To account for the highly structured information set in econometric estimation, we develop a generalised structural system for use with accounting...

The paper examines cognition from the viewpoint of internal management teams of private universities against satisfaction with school performance, applying the SEM model. Empirical results show that the board's operational effectiveness and attendance rate for internal important meetings held on...

In this study we propose a stochastic mortality forecast model that may be viewed as a Lévy process. First, age, period and cohort effects are objectively identified in a given matrix of historic mortality data. Next, these patterns are removed from the matrix of mortality improvement rates. We...

Any mortality analysis is faced with the difficulty of dealing with large quantities of noisy data. Pragmatic approaches have ever relied on graphical analysis of mortality contour maps in order to identify age, period and cohort effects. We adapt and apply suitable methods of image processing...

This paper examines multidimensional stochastic dominance when one of the indicators of well-being, such as household size or place of residence, is qualitative. It also uses a test for strict dominance based on the empirical likelihood ratio. Empirical applications are based on the DHS...

This study empirically investigates the interrelationship between pay and performance of CEOs/board of directors in an emerging market, Pakistan. The study uses GMM approach to account for the problem of potential endogeneity and unobserved heterogeneity that arises due to the potential reverse...