The growing availability of financial and macroeconomic data sets including a large number of time series (hence the high dimensionality) calls for econometric methods providing a convenient and parsimonious representation of the covariance structure both in the time and the cross-sectional...

This paper deals with the decision problem of choosing an optimal medical treatment, among M possible candidates, when the states of nature are the net benefit of the treatments, and regression models for the treatment cost and effectiveness are assumed. In this setting a crucial step in the...

Resource-managing agencies are increasingly relying on secondary data to predict economic benefits for planned policy interventions. This `transfer of benefits' is often based on a quantitative synthesis of aggregate results for similar past interventions via Meta-Regression Models. However,...

The paper investigates determinants of capital structure, focusing on tax incentives for debt. The paper makes use of a panel of Australian firms in two tax regimes: a classical regime, and a dividend imputation regime. An important feature is the identification of the economic model using...