Directory UMM :Data Elmu:jurnal:E:Economics of Education Review:Vol18.Issue2.Apr1999:
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The results reported in Table 3 suggest that the dividend- adjusted S&P 500 index and futures price series are not cointegrated, which is consistent with the Brenner and
We will demonstrate that the maximum ODE-stable set is characterized by the combination of the following three conditions: (1) the autoregressive coefficient matrix in the
Lehn and Poulsen (1991), commenting on Crabbe’s results, identify this bias as they state, “unfortunately, these are conservative estimates since the presence of event-risk cove-
More importantly, abnormal returns are significantly positive for firms that are below the median market value of our sample, suggesting that small firms, which have less access
We show that (1) joint ownership can be superior to the other ownership structures by overcoming vertical externality of double marginalization; (2) collusive outcomes, however,
Taking the loan market setting with asymmetric information as a micro-foundation for investment, this paper further develops a macro model of a small open economy under the regime
Further, as shown in Table 2, there was a reduction in the number of years of adequate schooling for underschooled workers between 1986 and 1991, compared to an increase in the
We examine data collected from the Milwaukee Parental Choice Program to determine whether students with unob- served characteristics correlated with achievement are more likely to
