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The relationships of the enterprise with the external environment give rise to a range of informational needs. Satisfying those needs requires the production of coherent, comparable, relevant and reliable information included into the individual or consolidated financial statements....
Persistent link: https://www.econbiz.de/10010760095
without simultaneity. The paper also contains a brief discussion about estimation issues. …
Persistent link: https://www.econbiz.de/10010764696
Australian capital markets, being relatively “thinâ€, present the researcher with a potentially large “errors in the variables†problem. The standard formulation of the problem is inappropriate for estimating securities' systematic risks. The unusual feature in this context is...
Persistent link: https://www.econbiz.de/10010769442
Missing data frustrate research and limit our understanding of regional economies. County Business Patterns annually provides employment data for all U.S. counties and states at the most detailed industrial level, but two out of every three employment statistics are missing. In rural areas, this...
Persistent link: https://www.econbiz.de/10010775052
Readily available information about the current term structure of interest rates, its level and recent trends in important countries has become a standard tool of monetary policy analysis. Interest rate curves can be used for inflation and output forecasts, they may give useful indications about...
Persistent link: https://www.econbiz.de/10010727865
This short paper proposes a simultaneous equations model formulation for time series of count data. Some of the basic moment properties of the model are obtained. The inclusion of real valued exogenous variables is suggested to be through the parameters of the model. Some remarks on the...
Persistent link: https://www.econbiz.de/10010729200
not received much attention. Topics as specification, diagnostics, estimation and forecasting have not been thoroughly …
Persistent link: https://www.econbiz.de/10010731153
We propose a new empirical representation of the Bass diffusion model, in order to estimate the three key parameters, concerning innovation, imitation and maturity. The representation is based on the notion that the observed data may temporarily deviate from the mean path determined by the...
Persistent link: https://www.econbiz.de/10010731286
stationary processes, method of moments estimation and identifiability of semiparametric nonlinear errors-in-variables models … coefficients in a structural equation with many instruments, instrumental variable estimation in the presence of many moment … conditions, estimation of conditional moment restrictions without assuming parameter identifiability in the implied unconditional …
Persistent link: https://www.econbiz.de/10010731794
We present a new framework for the joint estimation of the default-free government term structure and corporate credit …
Persistent link: https://www.econbiz.de/10010731814