The estimation of conditional probability distribution functions (PDFs) in a kernel nonparametric framework has recently received attention. As emphasized by Hall, Racine and Li (2004), these conditional PDFs are extremely useful for a range of tasks including modelling and predicting consumer...

Both industry and firm characteristics influence the survival of a firm in an industryover time. Aging, size, structure are factors often discussed in the literature, but publicintervention effects - through public quality labeling for example - may also have aneffect that is examined here. We...

The encompassing principle has been carefully and precisely defined in various contexts, since its first appearance in the 1980s literature in numerous papers by Hendry, Mizon and Richard. Since then, several distinct notions of encompassing have been proposed and still coexist in the...