This paper extends the partially adaptive method Phillips (1994) provided for linear models to nonlinear models. Asymptotic results are established under conditions general enough they cover both cross-sectional and time series applications. The sampling efficiency of the new estimator is...

This paper uses Monte Carlo simulation analysis to study the finite-sample behavior of bootstrap estimators and tests in the linear heteroskedastic model. We consider four different bootstrapping schemes, three of them specifically tailored to handle heteroskedasticity. Our results show that...

In this paper we study the finite sample properties of some asymptotically equivalent estimators of cointegrating relationships and related test statistics: the Fully Modified Least Squares estimator proposed by Phillips and Hansen (1990), the Dynamic OLS estimator of Saikkonen (1991) and Stock...

If labour market policies aimed at people with disabilities are effective, we should observe no significant difference in labour market outcomes between disabled and non-disabled individuals. This Paper examines the impact of disability status on labour market outcomes using matching methods...

The matters concerning the identification and regulation of a cluster are complex, contradictory and not much studied. One of the main problems in the cluster analysis is the study of the mechanism of its functioning. In this connection there is a need for a study of the specifics concerning the...

Rapid economic growth and radical structural transformation pose a challenge to official statisticians as they seek to encompass new economic activities and phenomena. The accuracy of official statistics is liable to come into question. Urban unemployment in China is a good example. This paper...

In the studying of the specifics of the statistical evaluation in the frames of dichotomic audit check the attention is drawn to the dominating interest in the upper limit of confidentiality, the expected strong asymmetry of the distribution of the frequency of the irregular entities and the...

Modern economic theories explain differences in productivity and economic growth across countries by differences in political and economic institutions, and differences in culture, geographical location, policies, and laws. The success of any of these theories in explaining the gap in...

It is widely believed that moderate and stable inflation rates promote the development process of a country, and hence economic growth. Moderate inflation supplements return to savers, enhances investment, and therefore, accelerates economic growth of the country. The main purpose of this study...