Household portfolio allocation and stock market beliefs: Evidence from Japanese households
Journal of Financial Research, EarlyView.Abstract We analyze data from the Keio Household Panel Survey (KHPS) to investigate how individuals' beliefs about financial markets influence current and planned asset holdings. Our results reveal statistically and economically significant relations between specific beliefs and both present asset allocations and accumulation.
Raslan Alzuabi, Daniel Gray
wiley +1 more source
Evaluating the technical efficiency of care among long-term care facilities in Xiamen, China: based on data envelopment analysis and Tobit model. [PDF]
BMC Public Health, 2019 Zhang L, Zeng Y, Fang Y.
europepmc +1 more source
Journal of Management Studies, EarlyView.Abstract Prior literature on market categories and identities focuses primarily on whether categorical atypicality leads to positive or negative evaluation; however, much less is known about whether the evaluation is accurate or not. While it is important for producers to know if atypicality is penalized or rewarded, audiences are also concerned about ...
Pengfei Wang, Jingjiang Liu
wiley +1 more source
A joint model of cost and churn for the insurance industry
Journal of Risk and Insurance, EarlyView.Abstract In insurance markets, claim costs are highly variable, heavy‐tailed, and difficult to predict. At the same time, policyholder retention and lapse behavior (customer churn) are critical determinants of long‐term profitability and solvency. Most existing models in the literature treat claim costs and lapses as independent, overlooking potential ...
Yumo Dong +4 more
wiley +1 more source
Bootstrap Testing in Nonlinear Models [PDF]
When a model is nonlinear, bootstrap testing can be expensive because of the need to perform at least one nonlinear estimation for every bootstrap sample.
Russell Davidson, James G. MacKinnon
core
Innovation in Family Firms: The Role of Absorptive Capacity and Knowledge Collaboration
Journal of Product Innovation Management, EarlyView.ABSTRACT While prior research suggests that family ownership can significantly facilitate sales and innovation, empirical findings often overlook the nuanced differences in innovation inputs between family and non‐family firms. We address this gap by examining the extent to which family firms are able to use absorptive capacity by creating knowledge ...
David Bruce Audretsch +3 more
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Input-output efficiency, productivity dynamics, and determinants in western China's higher education: A three-stage DEA, global Malmquist index, and Tobit model approach. [PDF]
PLoS OneGuo R, Ye M.
europepmc +1 more source
Beyond Collective Agreements: The Rise of the Wage Cushion in Germany
LABOUR, EarlyView.ABSTRACT Representative establishment data reveal that over 60% of German plants covered by collective agreements pay wages above the level stipulated in the agreements, creating a wage cushion between actual and contractual wages. While collective bargaining coverage has fallen over time, the prevalence of wage cushions has increased, particularly in ...
André Rieder, Claus Schnabel
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Investigating the efficiency of medical and health resources and its influencing factors in the Yangtze River Delta urban agglomerations: based on the undesirable super-efficiency SBM-Malmquist-Tobit model. [PDF]
Front Public HealthChen Y, Li Q, Zhang Y, Zhang X, Zheng H.
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Modern Theology, EarlyView.Abstract This essay, designed as a complement to opinions expressed by Rowan Williams and some speakers at the conference in his honour, explores features of early Christianity which suggest a positive evaluation of artificial intelligence. Noting that the fear of reducing humans to machines has been joined in the modern age by the fear that machines ...
Mark J. Edwards
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