In this paper, the Partial Distribution (PD) and multivariate Partial Distribution (MPD) are presented in their concepts, properties and applications, and PD is compared with the lognormal and the levy distribution. Though the levy distribution is better to describe the exchange returns in...

This document aims to explain how to use R matrix capacity in the context of regression analysis.

The predictive capability of a modification of Rissanen's accumulated prediction error (APE) criterion, APE$_{\delta_{n}}$,is investigated in infinite-order autoregressive (AR($\infty$)) models. Instead of accumulating squares of sequential prediction errors from the beginning,...

We study the effects of trade duration properties on dependence in counts (number of transactions) and thus on dependence in volatility of returns. A return model is established to link counts and volatility. We present theorems as well as a conjecture relating properties of durations to long...

A policy will be used more heavily in a particular time and place where its marginal cost is lower. The analyst who treats times and places as identical will overestimate the policy's net benefit, especially for policy intensities greater than exist in his sample. In regression analysis, the...

In this project we will analyse specific economic factors of O.U.T.A. (Organism of Urban and Transportations of Athens. O.U.T.A. is a legal person of private law and was established in according to the law 2175/1993, as a successor of O.U.T. . (Organism of Urban and Transportations). O.U.T. was...

Grocer is an econometric toolbox for Scilab, a free opensource matrix- oriented toolbox similar to Matlab and Gauss. It contains more than 50 econometric different methods, with many variants and extensions. Most standard econometric tools are available. Grocer contains also two original...

The paper illustrates finite sample problems of regression models with I(1) variables. The importance of drifts on test statistics is analysed both analytically and by simulation methods. Moreover, Haavelmo's famous example for the presence of some simultaneous equation bias is considered in the...

This is a survey paper on five important developments in econometrics, with illustrative applications to economic policy formation in Taiwan, Mainland China and the United States.