This paper provides an analysis of the impact of natural, industrial and terrorist disasters on the Australian capital market using the Box and Tiao intervention analysis and the data on daily returns in the following ten market sectors: consumer discretionary, consumer staples, energy,...

El objetivo del trabajo es analizar las consecuencias que los atentados del 11-S han tenido sobre los flujos turísticos en España. El marco teórico utilizado se inspira en el modelo del comportamiento racional del consumidor desarrollado por Enders et al. (1992), en el se incluye el estudio...

This study develops an empirical method to test the effect of North American Free Trade Agreement (NAFTA ) on U.S. welfare. Models developed so far under an ex-ante approach are mostly based on utility function assumptions, which are hard to meet. These models also have stringent data...

The aim of this paper is to deal with the empirical aspects of the ‘new’ monetary policy framework, known as Inflation Targeting. Applying Intervention Analysis to multivariate Structural Time Series models, new empirical evidence is produced in the case of a number of OECD...

The basic principle of the management of institutions directed to the public attendance consists of sound information which is able to help in decision-making. Thus, the knowledge in the managemental aspect is widened enabling for improvement in service quality and reduction in expenses. It is...

We apply a neural network approach for solving a one-machine sequencing problem to minimize either single- or multi-objectives, namely the total tardiness, total flowtime, maximimum tardiness, maximum flowtime, and number of tardy jobs. We formulate correspondingly nonlinear integer models, for...

This paper examines the impact of natural disasters on the Australian equity market. The data set employed consists of daily price and accumulation returns over the period 31 December 1982 to 1 January 2002 for the All Ordinaries Index (AOI) and a record of forty-two severe storms, floods,...

This paper examines the magnitude and duration of the GST effect on inflation in Australia’s eight major capital cities using the Box and Tiao intervention analysis and quarterly data spanning from 1948:4 to 2003:1. We found that GST had a significant but transitory impact on inflation only in...

This paper estimates the impact of the Chernobyl nuclear accident on domestic and international tourism in Sweden. From ARIMA time series forecasts, outlier search, and intervention analysis based on regional monthly accommodation data from 1978–1989, no effect on domestic tourism is found....

The inclusion of linear deterministic effects in a time series model is important to get an appropriate specification. Such effects may be due to calendar variation, outlying observations or interventions. This article proposes a two-step method for estimating an adjusted time series and the...