This paper describes a semiparametric Bayesian method for analyzing duration data. The proposed estimator specifies a complete functional form for duration spells, but allows flexibility by introducing an individual heterogeneity term, which follows a Dirichlet mixture distribution. I show how...

This paper describes a semiparametric Bayesian method for analyzing duration data. The proposed estimator specifies a complete functional form for duration spells, but allows flexibility by introducing an individual heterogeneity term, which follows a Dirichlet mixture distribution. I show how...

We introduce a Bayesian instrumental variable procedure with spatial random effects that handles endogeneity, and spatial dependence with unobserved heterogeneity. We find through a limited Monte Carlo experiment that our proposal works well in terms of point estimates and prediction. Then, we...

In 21st century business-mentality era, bank-services have been modernized where customers compete for comparative time-saving-options. However, many factors in services are unpredictable. Perceived-risk has been undermining the prospects of cashless-society country-wise such as Bangladesh. But...

Recent years’ rapid urbanization and then rural to urban migration have created increasing demands of bricks usages in Bangladesh. However, brick industry has been largely using inefficient, dirty technology and burns woods-coal. It injects huge volume of effluent gases namely CO2, SO2, NOx,...

Women are the best of creatures no matter what part of the world they reside in. However, the premise is being questioned because of the high rise of divorce rates in many parts of the modern- world where humankind behaves with a business mentality in work, life and activities without...

In 21st-Century business-mentality technology-driven-world, banking-services are carried-out in competitive manner that has resulted usage of digital-banking. Bank Laws in Greece contains multi-faucets provisions. Under bank-operation provisions, bank-deposits, bank-accounts are covered by...