for this work is the fact that the development of the notion of cointegration by Granger (1981) and Engle and Granger … be the one in which the pertinent problems are best understood at this point. Consequently, several important recent … frame- work that have been suggested in order to accommodate (particularly) serially de- pendent processes and the size …

financing constraints because of high information costs. Methodologically, this paper is related to recent empirical work that … economic environment that combined financial distress at both banks and firms with extremely low interest rates. Despite … than a half of Japan’s Gross Domestic Products). The funds collected at post offices were channeled to the Ministry of …

visiting fellow at the Institute for International Economics and principal economist at ADR International Ltd., Falls Church … variables of concern to policymakers and the public at large. JEL classification: C68, F13, F17 JEL keywords: Gravity models … have employed at the outset of the two agreements to judge their potential for trade expansion. In this introductory …

me work at the Department of Mathematics and Statistics. I stayed for more than five years, first as a teaching and then … for all the time he has devoted to my work. After it had become clear what my thesis subject would be, Heinz M … me at several deci- sive points. I still very much remember how he once gave me a lucid lecture on martingale differences …

more oriented at shareholder wealth in the Anglo-Saxon countries. Corporate finance practice appears to be influenced … mostly by firm size, to a lesser extent by shareholder orientation, while national differences are weak at best. 5001 … research results are available at http://web.eur.nl/fbk/dep/dep5/research The authors would like to thank Mark Flood and …

at work in standard gambles. Acknowledgements Some results discussed in this paper are from a study undertaken in 1991 … an owned good relative to alternative goods. So, if an endowment effect is at work, then once endowed with x that … responses (they found this to be significant at p< .01). This result would be stronger if within subject comparisons were …

Workshop (Washington DC), as well as seminar participants at American University, the Fondation Banque de France, Norges Bank … http://www.ecb.int or from the Social Science Research Network electronic library at http://ssrn.com/abstract_id=1001451 …. Krahnen, Phebe Miller Olcay, Thomas Piquerau, Eduardo Martinez Rivero, Jörg Rocholl, David Smith, participants at the CEPR …

overload respondents with complicated tasks, the designs hold one or more attributes at a constant level. The designs are … behavior in a given market. Companies can then develop new goods that lead to a substantial rise in clientele. ⁄Department of … attributes at a constant level, the con- joint designs addressed in this paper show some similarities to split-plot designs …

from seminar participants at the BLS, CEA, University of Arizona, Princeton University, Lehigh University, and the NBER …@princeton.edu kfortson@princeton.edu (609) 258-4046 (609) 258-5694 Much existing work on the efficient markets hypothesis tests … the announcement day, while the expected money supply has no effect. Related work on inflation announcements has been …

from seminar participants at the BLS, CEA, University of Arizona, Princeton University, Lehigh University, and the NBER …@princeton.edu kfortson@princeton.edu (609) 258-4046 (609) 258-5694 Much existing work on the efficient markets hypothesis tests … the announcement day, while the expected money supply has no effect. Related work on inflation announcements has been …