International test scores are used to proxy the quality of source country educational outcomes and explain differences in the rate of return to schooling among immigrants in Canada. The average quality of educational outcomes in an immigrant’s source country and the rate of return to...

type="main" <p>In the context where one main regressor is measured with error and at least one instrumental variable is available for the correction of measurement error, this paper provides, to the best of our knowledge, a first point-identification result on the variance of measurement error, the...</p>

Biodiesel has been considered as one of the promising non-fossil fuels, but its development also have promoted a drastic debate due to its current production status, such as oilseeds dependency, arable land requirement, high cost and long-term impact on food prices. Therefore alternative...

A critical step in group sequential designs is computation of the appropriate critical values for rejecting H0 at the interim look to keep the overall type I error rate at a prespecified level. When applying the sequential test in a study with an equivalence hypothesis, calculation of the...

We examine the importance of the information contained in sector investment growth rates for explaining the cross section of equity returns. We propose an empirical specification that outperforms the capital asset pricing model and Cochrane's (1996) model and performs at least as well as the...