In this paper, a modified variance aggregated-time approach is used to examine the long-range dependence behaviour of the Malaysian stock exchange. We studied the 20 years daily data which included the pre- and post-economic crises encountered in the Malaysian stock exchange. The unawareness of...

We examine the interest rate elasticity of housing prices, advancingthe empirical literature in two directions. First, we take a commonly used cross-country panel dataset and evaluate the housing price equation using a consistent estimator in the presence of endogenous explanatory variables and...

MATLAB and the Image Processing Toolbox provide a wide range of advanced image processing functions and interactive tools for enhancing and analyzing digital images. The interactive tools allowed us to perform spatial image transformations, morphological operations such as edge detection and...

Over the last decade economists were more and more concentrated on studying the impact of the greenhouse effect on economy. At the same time, they tried to find solutions to stop the CO2 emissions into the atmosphere and, implicitly, to make changes in the structure of energy production and...

Based on a survey that we designed and that covers a stratified random sample of 12,400 firms in 120 cities in China with firm-level accounting information for 2002-2004, this paper examines the presence of systematic distortions in capital allocation that result in uneven marginal returns to...

This study examines changes in Indonesian food consumption during 1996-2002 which included the period of the Asian financial crisis in late 1997/98. This paper analyses the nutritional implications of the changes in terms of the level and composition of calorie intake and the prevalence of...