This paper reconsiders the long term effect of fiscal policy on interest rates using a real-time dataset of macroeconomic and fiscal variables in a panel of 17 OECD countries over the period 1989-2009. We show that, after controlling for cross sectional dependence using a Factor Augmented Panel,...

We examine experimentally how humans behave when they play against a computer which implements its part of a mixed strategy Nash equilibrium. We consider two games, one zero-sum and another unprofitable with a pure minimax strategy. A minority of subjects' play was consistent with their Nash...

We propose a statistical model to assess whether individuals strategically use mixed strategies in repeated games. We formulate a hidden Markov model in which the latent state space contains both pure and mixed strategies, and allows switching between these states. We apply the model to data...

This study investigates the position of Turkey compared to the member countries of the European Union in terms of healthcare indicators and aims to determine its similarities and/or differences from them. Multidimensional Scaling Analysis (MDSA) and NonHierarchical Cluster Analysis (NHCA) have...

The last census of 20 October 2011, confirmed the decrease in the stable population in most localities, although this did not occur uniformly across the county. The analysis aims to highlight the stable population evolution in the last two censuses, which mainly led to decreases in existent...

Livestock population and its structure is the starting point for all development strategies at both micro and macro level, reason for which accurate knowledge of it is one of the main objectives of official statistics in each state. The analysis aims to highlight the major changes produced after...

A tanulmány a magyar bankközi piacon keresztüli fertőzés kvantitatív mérésére vállalkozik. A bankok közötti körkörös hitelszerződések láncolata ugyanis előidézhet olyan helyzetet, amelyben néhány intézmény csődje akár az egész bankszektort magával rántja. A...

In the present paper was to assess the performance of soybean cultivars different environments or planting dates. The variable of interest was performance dry matter per hectare of these cultivars with different maturity groups. We compare two statistical techniques often used for this data:...

The purpose of this paper is to analyze the multilevel methodology in order to estimate the effect of primary care physician in the pharmaceutical expenditure of the patient. We use individual data from population that is part of the Spanish public health system in the Autonomous Community of...

A pesar de que han sido numerosos los episodios en los que algunas economías han experimentado simultáneamente colapsos en el mercado cambiario y suspensión de sus compromisos financieros externos, las aportaciones de la literatura financiera son recientes y exiguas. En el presente documento...