Abstract Data from the Household Income and Labour Dynamics in Australia Survey is used to estimate distributions for the level of educational attainment for Australian indigenous and nonindigenous populations for the years 2001, 2006, 2014 and 2017. Bayesian inference is used to analyse how...

For estimating distributions from grouped data, setting up moment conditions in terms of group shares and group means leads to an optimal weight matrix and a GMM objective function that are considerably simpler than those from a previous specification. Minimization is more efficient and...

We consider Bayesian estimation of a stochastic production frontier with ordered categorical output, where the inefficiency error is assumed to follow an exponential distribution, and where output, conditional on the inefficiency error, is modelled as an ordered probit model. Gibbs sampling...

This book brings together innovative contributions on the management of intellectual property (IP) and intellectual property rights by an esteemed and multi-disciplinary group of economists, management scientists, accountants and lawyers.

A large number of functional forms has been suggested in the literature for estimating Lorenz curves that describe the relationship between income and population shares. The traditional way of overcoming functional-form uncertainty when estimating a Lorenz curve is to choose the function that...

Abstract: Students are interested in lecture examples and class exercises involving data connected to the maiden voyage and the sinking of the liner Titanic. Information on the passengers and their fate can be used to explore relationships between various tests for differences in survival rates...