using the available regressors. Anderson and Leslie Young (Chinese University of Hong Kong " Trade Implies Law: The Power of the Weak " (03/2000: 80 Kb, Adobe Acrobat format) Abstract: Without the rule of law, traders who incur trading costs can be held up by counter-parties who are stronger. The problem can be traced to the properties of the stationarity test, and is not due to the weakness of the common-idiosyncratic decomposition. These results suggest that although income is an important source of the intergenerational correlation, parental choices and experiences also affect consumption behavior of the children. A simulation study indicates the new estimators perform well in finite samples. We show that misspecification will lead to overrejection of the null of conditional homoskedasticity. Icpsr which makes a number of large economic databases available without charge. We consider both parametric and nonparametric estimators of these derivatives in the context of price reform for foods in Pakistan, focussing on the advantages and disadvantages of "average derivative estimation" (ADE) as proposed by Hardle and Stoker (1989) and Stoker (1991). Bentley MacLeod, " Supply Side Hysteresis: The Case of the Canadian Unemployment Insurance System " (3/96: 265 Kb, Adobe Acrobat format). Some estimators are more sensitive to the sample size and the number of simulations than others. Abstract: A distribution theory is developed for least squares estimates of the threshold in threshold autoregressive (TAR) models.
Boston College Working Papers in Economics - ideas/RePEc
I solve the stationarity problem of incomplete markets, open economy models by adopting an overlapping-generations structure. Serena Ng and Timothy Vogelsang (Cornell University " Forecasting Dynamic Time Series in the Presence of Deterministic Components " (07/1999: 414 Kb, Adobe Acrobat format) Abstract: This paper studies the error in forecasting a dynamic time thesis statement on basketball series with a deterministic component. Alternatives to road pricing can be grouped into five categories:. In this paper we develop and characterise a theoretically-based index number of trade policy which is appropriate to trade negotiations. One implication is that welfare gains of hundreds of billions of rupees per year might be possible by replacing private government transfers with the provision of public goods.
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