This paper describes a number of models used in bankruptcy studies to date. They arise from two basic model designs used in studies of financial distress: cross-sectional studies that compare healthy and distressed firms, and time-series formulations that study the path to failure of (usually)...

This paper describes a range of methods which have been proposed to study interactions in economic and social contexts. By interactions, we refer to interdependences between individual decisions which are not mediated by markets. These types of models have been employed to understand phenomena...

Traditional agency theory assumes that the principal has no more information about the agent's actions than the enforcement authorities have. This is unrealistic in many settings, and in repeated models, additional information possessed by the principal changes the nature of the problem. Such...

Summary In a framework of a monetary asset pricing model with production the effects of monetary and fiscal policy shocks are investigated. The model is kept simple enough to generate explicit formulae for the equilibrium price functions. With money yielding liquidity services in the exchange...

The paper gives an overview of the GREENSTAMP Project (GREEned National STAtistical and Modelling Procedures) which, during 1994â1996, developed results and recommendations concerning empirically and theoretically robust methods for greening national accounts. The recommended approach centres...

This paper addresses some important issues related to the estimation of the extent of injecting drug use. The population of injecting drug (heroin) users in Italy is estimated on the basis of a dynamic model of the health consequences, in particular using AIDS incidence data. The use of the...

The paper gives an overview of the GREENSTAMP Project (GREEned National STAtistical and Modelling Procedures) which, during 1994–1996, developed results and recommendations concerning empirically and theoretically robust methods for greening national accounts. The recommended approach...

In a framework of a monetary asset pricing model with production the effects of monetary and fiscal policy shocks are investigated. The model is kept simple enough to generate explicit formulae for the equilibrium price functions. With money yielding liquidity services in the exchange process...

How might we model the historical processes which transported Mozart's compositions in eighteenth century Vienna to their performance in twentieth century Japan? There is a need to look beyond the neo-classical economics tradition. A description is given of how cultural taste gives direction to...