Results 81 to 90 of about 5,621 (180)
Real Balance Effects, Timing and Equilibrium Determination [PDF]
This paper examines whether the existence and the timing of real balance effects contribute to the determination of the absolute price level, as suggested by Patinkin (1949,1965), and if they affect conditions for local equilibrium uniqueness and ...
Christian Stoltenberg
core
Asymmetric Pass‐Through and Competition
The Journal of Industrial Economics, EarlyView.ABSTRACT We study the retail price pass‐through of four major tax changes in petroleum products using daily pricing data from gas stations on small Greek islands. We find that (i) the pass‐through of the tax hikes is five times higher than for the tax decrease, (ii) the pass‐through of the tax hikes increases with competition, while that of the tax ...
Christos Genakos +2 more
wiley +1 more source
The Uniqueness of Extremum Estimation [PDF]
Let W denote a family of probability distributions with parameter space Τ, and WG be a subfamily of W depending on a mapping G:Θ -> Τ. Extremum estimations of the parameter vector ν ∈ Θ are considered.
Volker Krätschmer
core
Journal of Systematics and Evolution, EarlyView.We present the first phylogenetic analysis of the Californian species of Myosurus. Our ddRADseq analysis reveals considerably more diversity than what was recognized in recent floristic treatments. Myosurus minimus subsp. apus was found to be a rare species restricted to Southern California and northwestern Baja California.
R. Douglas Stone +2 more
wiley +1 more source
Do Individuals Recognize Cascade Behavior of Others? - An Experimental Study - [PDF]
In an information cascade experiment participants are confronted with artificial predecessors predicting in line with the BHW model (Bikchandani et al., 1992).
Tim Grebe +2 more
core
Journal of Systematics and Evolution, EarlyView.Divergence times of Greek Hydropsyche lineages fall mostly within the Pliocene‐Pleistocene, rejecting ancient vicariance. Widespread species show shallow divergences consistent with dispersal, while island endemics exhibit deeper isolation patterns supporting a mixed vicariance‐dispersal model.
Anastasia Lampou +5 more
wiley +1 more source
Multiple Chains Markov Switching Vector Autoregression
Journal of Time Series Analysis, EarlyView.ABSTRACT Both the U.S. stock and bond returns exhibit distinct Markovian regimes. However, because these regimes display limited coherence, conventional models typically require highly parameterized systems to adequately capture their joint distribution.
Leopoldo Catania
wiley +1 more source
Estimation of Default Probabilities with Support Vector Machines [PDF]
Predicting default probabilities is important for firms and banks to operate successfully and to estimate their specific risks. There are many reasons to use nonlinear techniques for predicting bankruptcy from financial ratios.
Shiyi Chen +2 more
core
Marine Ecology, EarlyView.Abstract The focus of the present study was on arcturid isopods occurring in the subarctic region around Iceland. Data from two decades of sampling with an epibenthic sledge (EBS) during numerous expeditions of the BIOICE (Benthic Invertebrates of Icelandic Waters; 1992–2004) and IceAGE (Icelandic marine Animals: Genetics and Ecology; 2011—ongoing ...
Vivien Lukas Hartmann +5 more
wiley +1 more source
Coordinating Bank Dividend and Capital Regulation
Mathematical Finance, EarlyView.ABSTRACT This paper examines how state‐dependent dividend restrictions (taxes and bans) and capital requirements influence a bank's capital buffer accumulation and risk‐taking decisions. In the model, the bank distributes dividends and issues costly equity to maximise shareholder value, while its loans generate stochastic income under time‐varying ...
Salvatore Federico +2 more
wiley +1 more source