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Indonesia has recently begun to implement its own administrative program of debt restructuring for sub-national governments – known collectively as ‘regional governments’ (
Third, in comparison with the nonparametric estimator of Ziegelmann ( 2002 ), our estimator can result in bias reduction as long as the parametric model can capture some
In particular, we model the joint distribution of the response and the covariates with a flexible nonparametric mixture, then develop inference for different quantile curves based
The first contribution of this article is to propose the Gaussian mixture dynamic conditional correlation (GMDCC) model with conditional volatilities following EGARCH models and with
Indeed, in the special case with iid Gaussian errors, the asymptotic Gaussian power envelope of all (unbi- ased) tests is achieved by the one-sided (two-sided) version of our test;
If the standard normal dis- tribution provides a good approximation to the nite sample distribution, posterior intervals obtained through the Bayesian nonparametric approach
Entrepreneurial intent was measured by adding somewhat agree and strongly agree responses to the question, “I would like to start my own venture.” Students who were neutral
The DODBX is a large balanced fund with low turnover; I expect these characteristics to minimize the differences between returns-based and holding-based analy- ses in order