The paper examines the monthly structure of the UK unemployment(Claimant Count, (CC)) by means of fractional integration. The study uses a version of Robinson s (1994) tests that permit the test of the unit roots with integer or fractional orders of integration. The results show that the CC...

Generalized Autoregressive Conditional Heteroskedasticity (GARCH) effects have been studied extensively in portfolio management within risk-return framework. Very few studies, however, have applied principles underlying GARCH processes to house prices and fewer have undertaken studies at the...

The paper develops a conceptual framework aimed at analyzing the profitability of financing general training, based on the notion of complementarity among productive factors. First, we show that a simple application of the theoretical analysis based on the lattice theory and the notion of...

: This paper describes how the frequency domain analysis provides an alternative approach to time domain analysis of a given time series. Spectral and periodogram analyses of a given time series are performed to detect trends and seasonalities in the data. A cross-spectral analysis is done to...

: This paper estimates a neoclassical investment equation for selected Asia-Pacific developing countries Thailand, Philippines, Indonesia, Singapore, Fiji, Samoa and Vanuatu. The Hendry s General-to-Specific (GETS) approach is used and the results imply that the income elasticity is unity and...

: This paper makes an attempt to understand the changing pattern of rural livelihood in the state of Orissa in India. The study reveals that the nature of diversification of household incomes is a consequence of both diversification of activities among different members of the household, and...

: This paper examines the relationship between stock indices of Malaysia and the emerging East Asian countries, namely South Korea, Taiwan, Hong Kong and Japan. The cointegration analysis found a long-run relationship between the stock indices of Malaysia and South Korea. The results of the...

: Recent food safety scares have increased Japanese consumers concerns for food safety and Genetically Modified (GM) foods as they perceive the uncertainty associated with GM foods as potential risk. However, this risk perception can be considerably reduced as the consumers observe or experience...

: Recent developments in global finance and the world economy have demonstrated some of the shortcomings in the widely-applied equilibrium-based modeling approach. In this paper, the global E3MG model (www.e3mgmodel.com) has been applied to assess the impacts of the crisis that began in 2008...

: This paper estimates the aggregate import demand function for Latin American and Caribbean countries, using the dynamic panel data methods, over the period 1975-2005. Consistent with theoretical postulates, this paper finds that the demand for import responds negatively to an increase in the...