The aim of this paper is to analyse the impact of unobserved preference heterogeneity in empirical applications of discrete choice models of labour supply. Typically, unobserved heterogeneity is estimated either with continuous or discrete mixture models. However, in order to avoid estimation...

The main purpose of this research is to examine the different factors affecting the predictive power of bankruptcy models as for example: the way of defining “bankruptcy”, the elimination, or not of the multicollinearity appearing in formalized model, the stability of time-related financial...

The goal of this paper is to analyze a new phenomenon: Internet demand in Spain. To do so, we use a new high quality data set and advanced econometric techniques for estimating Internet demand functions, incorporating the socio-demographic characteristics of the individuals. We begin with a...