Results 91 to 100 of about 425,283 (379)
Journal of Futures Markets, EarlyView.ABSTRACT This paper examines how institutional environments shape the effectiveness of derivative hedging in reducing corporate default risk. Using hand‐collected data from non‐financial firms across nine European countries and various econometric methods to control for endogeneity, we provide novel evidence that the risk‐reducing benefits of ...
Amrit Judge, Khai Le, Kim Ly
wiley +1 more source
Cogent Economics & FinanceIn the wake of the COVID-19 pandemic, several countries resorted to various levels of lockdown as a panacea for the rampant spread of the virus. However, the imposed lockdown was not without economic challenges, particularly for the poor in developing ...
Benjamin Amoah, Anthony Amoah
doaj +1 more source
Analyzing tourists' satisfaction: A multivariate ordered probit approach [PDF]
Tourism Management, 2010 Abstract This article considers a Bayesian estimation of the multivariate ordered probit model using a Markov chain Monte Carlo (MCMC) method. The method is applied to unit record data on the satisfaction experienced by tourists. The data were obtained from the Annual Report on the Survey of Tourists' Satisfaction 2002, conducted by the Department of
openaire +2 more sources
Conditional heteroskedasticity in qualitative response models of time series: a Gibbs sampling approach to the bank prime rate [PDF]
Previous time series applications of qualitative response models have ignored features of the data, such as conditional heteroskedasticity, that are routinely addressed in time-series econometrics of financial data.
Michael Dueker
core
International Journal of Finance &Economics, EarlyView.ABSTRACT This study investigates how the personal characteristics of finance ministers influence political budget cycles in Africa. Using a new dataset covering 300 finance ministers across 23 countries from 1980 to 2020, we find that political budget cycles primarily take the form of increased government consumption during election years.
Christine Olivia Strong
wiley +1 more source
Examining the Impact of Socioeconomic Status Factors on Happiness Levels in Indonesia
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan PembangunanThis research aims to investigate the impact of socioeconomic status factors on individual happiness in Indonesia. Happiness is a multifaceted phenomenon arising from both internal and external sources. While conventional measures often reduce it to mere
Romi Bhakti Hartarto +2 more
doaj +1 more source
A very brief survey of regression for categorical data. Categorical outcome (or discrete outcome or qualitative response) regression models are models for a discrete dependent variable recording in which of two or more categories an outcome of interest ...
A. Colin Cameron
core
Full Dollarisation and Economic Performance Revisited
International Journal of Finance &Economics, EarlyView.ABSTRACT This paper examines the economic performance of fully dollarised economies compared to those with alternative monetary regimes. Using an extensive dataset covering 192 countries from 1980 to 2021, we employ a variety of econometric techniques, including joint maximum likelihood and propensity score matching, to address endogeneity and ...
John Thornton, Chrysovalantis Vasilakis
wiley +1 more source
An ordered probit model for seismic intensity data
Stochastic Environmental Research and Risk Assessment, 2016 Seismic intensity, measured through the Mercalli–Cancani–Sieberg (MCS) scale, provides an assessment of ground shaking level deduced from building damages, any natural environment changes and from any observed effects or feelings. Generally, moving away from the earthquake epicentre, the effects are lower but intensities may vary in space, as there ...
Cameletti, Michela +4 more
openaire +1 more source