Devising well-behaved constant market share decomposition indices has been the pursuit of many researchers since the 1950s. This article proposes a new formulation of constant market share (CMS) trade analysis inspired by the statistical principles supporting revealed comparative advantages...

We propose to establish wine rankings using scores that depend on the differences between favorable and unfavorable opinions about each wine, according to the Borda rule. Unlike alternative approaches and specifications, this method is well-defined even if the panelists' quality relations are...

Binned scatter plots are a powerful statistical tool for empirical work in the social, behavioral, and biomedical sciences. Available methods rely on a quantile-based partitioning estimator of the conditional mean regression function to primarily construct flexible yet interpretable...

A limit theory is developed for the least squares estimator for mildly and purely explosive autoregressions under drifting sequences of parameters with autoregressive roots ρn satisfying ρn Ç ρ ∈ (-É, -1] ∪ [1, É) and n (

Ausgehend von den Krisen unserer Zeit und dem normativen Bekenntnis zu einer transformativen Ökonomik erläutert das Diskussionspapier die These: "Gestaltung braucht Kreativität". Die gegenwärtige dominante Praxis der Volkswirtschaftslehre wird dahingehend kritisiert, dass sie...

This report evaluates the computational reproducibility and analytical robustness of Exley and Kessler's (2024) investigation into "motivated errors," which suggests that individuals may rationalize selfish behavior by attributing their errors to confusion. Using the original data and code, we...

This volume was prepared by Julian Dieler while he was working with the Center for Energy, Climate and exhaustible Resources at the Ifo Institute for Economic Research. At the latest since the adoption of the Kyoto Protocol in 1997 climate policies are permanently on the international policy...

Die Statistik war in ihren Anfängen "Staatszustandswissenschaft", Fürsten erfassten darin in der Kammer ihr jeweiliges Territorium. Durch die Bevölkerungswissenschaft wandelte sie sich schrittweise zu einer formalmathematischen Theorie. Parallel dazu setzte sich die Geldökonomie immer mehr...

This paper analyzes the relationship between individuals’ locus of control and their decisions to exercise regularly, eat well, drink moderately, and avoid tobacco. Locus of control is a psychological concept reflecting individuals’ beliefs about the extent to which life's outcomes are...

The advanced measurement approach requires financial institutions to develop internal models to evaluate regulatory capital. Traditionally, the loss distribution approach (LDA) is used, mixing frequencies and severities to build a loss distribution function (LDF). This distribution represents...