The aim of this article is to (a) reexamine the nature of structural equation modeling (SEM) estimates of autoregressive moving average (ARMA) parameters; (b) replicate S. Van Buuren's simulation experiment in light of P. C. M. Molenaar's comment; and (c) examine the behavior of the...

Conventional estimates of the marginal propensity to consume (MPC) out of changes in net worth average about 4 cents on the dollar. If this is true, the $14 trillion rise in household net worth between 1995 and 2000 created an additional $567 billion in household consumption. This increase in...

The economic repercussions of September 11th are unique in that never before have economists needed to forecast and examine the impact of an event of such magnitude. This paper explains many of the economic effects of September l Ith, from the initial aftermath to recent developments. These...

The research presented in this Thesis is primarily concerned with the field of Geographical Information Systems (GIS) - specifically, the business applications of the technology. The empirical problem addressed is the selection of branch banks as candidates for closure using the network of...

Over the past decade, the increasing power and reliability of microcomputers and the development of sophisticated software designed specificallyfor use with them has led to significant changes in the way quantitative food policy analysis is conducted. These changes cover most aspects of...

Poverty measures and profiles are used increasingly to guide antipoverty policies in low-income countries. An essential element in these analyses is the specification of a poverty line. However, there are many different methods for setting poverty lines, and different methods can yield...

Poverty measures and profiles are used increasingly to guide antipoverty policies in low-income countries. An essential element in these analyses is the specification of a poverty line. However, there are many different methods for setting poverty lines, and different methods can yield...

We extend the Salter-Swan model to include both factor markets and semi-traded goods. In our model, changes in relative factor prices depend on changes in world commodity prices, factor endowments, and the trade balance. In contrast, only changes in world commodity prices can affect factor...

We compare the impact of alternative domestic and global trade liberalization scenarios on five economies in Southern Africa. The study applies a computable general equilibrium model that employs standardised 12-sector social accounting matrices for Malawi, Mozambique, Tanzania, Zambia, and...

This paper is an attempt to grasp and model the problem of optimal strategy of a firm under conditions of unremitting increase of returns to scale and multiple threats of firm's downfall. The firm in our model has to pay high fixed costs to enter the market and its marginal costs are...