This paper provides an econometric analysis of the relationship between live and deceased (cadaveric) kidney donations for the United States for the period 1992:IV through 2006:II. Statistical analysis shows that increases in deceased donor transplants reduce future live donor grafts,...

We develop a model to forecast the Federal Open Market Committee's (FOMC's) interest rate setting behavior in a nonstationary discrete choice model framework by Hu and Phillips (2004). We find that if the model selection criterion is strictly empirical, correcting for nonstationarity is...

This article proposes the use of finite mixtures of probability distributions to estimate cost functions. The mixture technique allows for the simultaneous existence and unobservability of multiple technologies of production. Technology switching by firms and conventional technical change can be...