[PDF] Top 20 Directory UMM :Data Elmu:jurnal:E:Economics Letters:Vol71.Issue1.Apr2001:

... As in the sequential second price auctions, the inefficiencies arise from two sources: first, the bidding behavior of the bundle bidder, which may ensure himself a probability of zero of[r] ... Lihat dokumen lengkap

... where u 5 1 1 s /r g g 5 e /r g g . 0 for the home country, with u * defined similarly for the foreign country. Observe that the terms in brackets represent the effect of distortionary taxes on the supply of the ... Lihat dokumen lengkap

... of data into groups of regular observations, bad leverage points, good leverage points, and vertical outliers, offers the researcher important diagnostic insight in the ... Lihat dokumen lengkap

... * Kirsten Ralf The American University of Paris and Paris Graduate School of Management, 23 Rue de la Roquette, 75011 Paris, France Received 2 March 2000; received in revised form 12 [r] ... Lihat dokumen lengkap

... aggregate data are used. By analyzing price data for individual firms or industries and exchange rate movements that can be treated as exogenous, such as a devaluation, the simultaneity between prices and ... Lihat dokumen lengkap

... The key result is that export restrictions can raise welfare only when there is a labor-intensive processing industry located in the rural region, stability considerations rule out the p[r] ... Lihat dokumen lengkap

... www.elsevier.com / locate / econbase A comparison of standard multi-unit auctions with synergies a b ,* c Gian Luigi Albano , Fabrizio Germano , Stefano Lovo a Department of Economi[r] ... Lihat dokumen lengkap

... When the government chooses weapon quality, it does not know what the national security situation will be like when the weapon is ready for production, but has certain beliefs regarding [r] ... Lihat dokumen lengkap

... Controversy over the validity of the Contingent Valuation (CV) method for valuing public goods has motivated recent research that incorporates experimental-economics methods into the valuation process in an ... Lihat dokumen lengkap

... Applied to the present value forecasting problem considered in this paper, the notion of a robust forecast is based on uncertainty about the stochastic properties of the process you are [r] ... Lihat dokumen lengkap

... I would like to thank Robert Arnold, Normand Bernard and Douglas K. Pearce, who generously supplied data for this research. I am also grateful to my doctoral committee at The Pennsylvania State University, who ... Lihat dokumen lengkap

... In this paper we use a flexible duration model, without assuming any probability distribution, and without assuming proportional hazard functions which, sometimes, is very restrictive. This model can be useful to check ... Lihat dokumen lengkap

... The purpose of this note is twofold. First, we estimate a target zone exchange rate model of the kind originally suggested by Krugman (1991) and further developed and extended by, inter alios, Froot and Obstfeld (1991) ... Lihat dokumen lengkap

... probabilities (1 2 e ) n , (1 2 e )(1 2 n ) and e . u ` represents an extremely inefficient type which is learned by whoever contracts with the agent, either the intermediary with intermediated ... Lihat dokumen lengkap

... In this note we apply the technique of finite-order generating functions to the analysis of impulse responses in the even more general vector fractionally integrated autoregressive movin[r] ... Lihat dokumen lengkap

... The HL commodity theorem requires that (some) quantities will show perfect collinearity through time; of course this is a very stringent requirement for aggregation, and actual data usually do not satisfy such ... Lihat dokumen lengkap

... This eliminates the need to impose the stronger functional central limit theorem conditions and implies convergence of Dickey–Fuller type unit root tests under minimal conditions.. All r[r] ... Lihat dokumen lengkap

... However, if both consumption 8 goods are equal net substitutes for leisure, then the second term can be shown to equal dl h dD ]] ]] ]] t 1t 5 21 t 2t 10 s L Cddt S11t Ds D Cd dt D[r] ... Lihat dokumen lengkap

... We calculate frequencies of mean reversion by examining daily spot and futures prices for four mineral (crude oil, gold, silver and platinum), two agricultural (orange juice and live cattle), and two financial (treasury ... Lihat dokumen lengkap

... We carefully thought about which market would be best to study. We ruled out the US futures markets due to an anticipated lack of sample size. Most price limit studies using US futures market data are only able to ... Lihat dokumen lengkap