Results 151 to 160 of about 17,240 (299)
Unemployment and Hysteresis: A Nonlinear Unobserved Components A Nonlinear Unobserved Components A Nonlinear Unobserved Components A Nonlinear Unobserved Components A Nonlinear Unobserved Components Approach [PDF]
A new test for hysteresis based on a nonlinear unobserved components model is proposed. Observed unemployment rates are decomposed into a natural rate component and a cyclical component.
Silvestro DI SANZO, Alicia PEREZ-ALONSO
core
To vary or not to vary: A flexible empirical Bayes factor for testing variance components
Abstract Random effects are the gold standard for capturing structural heterogeneity, such as individual differences or temporal dependence. Yet testing their presence is difficult because variance components are constrained to be non‐negative, creating a boundary problem. This paper introduces a flexible empirical Bayes factor (EBF) for testing random
Fabio Vieira, Hongwei Zhao, Joris Mulder
wiley +1 more source
Abstract Although full‐information maximum likelihood (FIML) estimation is widely used for diagnostic classification models (DCMs), its computational efficiency deteriorates sharply in high‐dimensional settings. This scalability challenge is increasingly critical as DCMs are applied to large‐scale assessments, psychological testing and longitudinal ...
Minho Lee, Yon Soo Suh
wiley +1 more source
An Investigation of Current Account Solvency in Latin America Using Non Linear Stationarity Tests [PDF]
Using a new methodology that allows for nonlinearities, we find frequent support for sustainability in the debt of a set of Latin American countries. Our findings overturn results obtained with traditional unit-root tests and provide a more realistic ...
Merih Uctum +2 more
core
Comparative Cantillon effects in the Canadian and Australian art markets
Abstract As far back as 1755, Richard Cantillon analyzed how changes in the money supply affected relative prices in the economy. In times of monetary infusion, prices of certain types of goods and services could be expected to rise, depending upon the initial distribution of the money and therefore initial spending.
Douglas J. Hodgson +2 more
wiley +1 more source
Unit Root Tests in Three-Regime SETAR Models. [PDF]
This paper proposes a simple testing procedure to distinguish a unit root process from a globally stationary three-regime self-exciting threshold autoregressive process.
George Kapetanios, Yongcheol Shin
core +2 more sources
The human dimension must be considered in conservation actions. This article presents a discrete choice experiment that analyses the preferences of visitors for the conservation programs being developed in a National Park. The experiment allows identifying certain conflicts between the ecological and social dimensions, and the conclusion is that there ...
Mario Soliño, Vicente Piorno
wiley +1 more source
How Regulatory Costs Impede Financial Technology Gains
ABSTRACT While financial technology innovation lowers intermediation costs, regulatory frictions may prevent these gains from reaching long‐term investors and borrowers. Using variation in retail investor participation driven by state securities registration lapses in peer‐to‐peer lending, we demonstrate that regulatory frictions are associated with ...
Shyam Venkatesan +2 more
wiley +1 more source
ABSTRACT Introduction Preventive dental care is vital for individuals with bleeding disorders to reduce the need for potentially invasive procedures. Although dental care is a mandated function of U.S. federally supported hemophilia treatment centers (HTCs), access to dental care is widely variable.
Miguel A. Escobar +4 more
wiley +1 more source
NORMAL MIXTURE AND CONTAMINATED MODEL WITH NUISANCE PARAMETER AND APPLICATIONS
This paper intend to find the proper hypothesis and test statistic for testing existence of bilaterally contamination when there exists nuisance parameter. The test statistic is based on method of moments estimators.
Fan, Qian
core

