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Generalizing from many of actual problems, this paper puts forward the game: boating against the current, discusses the related assumptions and analyzes the related characters of it. Further more, the author gives the dispersed and continuous models for boating against the current Based on the...
Persistent link: https://www.econbiz.de/10005556277
In this paper, the Partial Distribution (PD) and multivariate Partial Distribution (MPD) are presented in their concepts, properties and applications, and PD is compared with the lognormal and the levy distribution. Though the levy distribution is better to describe the exchange returns in...
Persistent link: https://www.econbiz.de/10005556288
In this discussed draft, we want to present the Partial Distribution (F.Dai, 2001) for discussing. We compare the partial distribution with lognormal and levy distribution. Though the levy distribution is better to describe the prices distribution of stock and stock indexes in a moderately large...
Persistent link: https://www.econbiz.de/10005556338
Based on the Partial Distribution (Feng Dai, 2001), a new model to price an asset (MPA) is given. Going a step further, this paper puts forward the Multivariate Partial Distribution (MPD) for the first time. By use of MPD, we could gain a new kind of model for pricing the group assets (MPGA), in...
Persistent link: https://www.econbiz.de/10005119177
The aims of this paper are estimate and forecast the Non-Accelerating Inflation Rate of Unemployment, or NAIRU, for Brazilian unemployment time series data. In doing so, we introduce a methodology for estimating mixed additive seasonal autoregressive (MASAR) models, by the Generalized Method of...
Persistent link: https://www.econbiz.de/10005407874
We consider the situation when there is a large number of series, $N$, each with $T$ observations, and each series has some predictive ability for the variable of interest, $y$. A methodology of growing interest is to first estimate common factors from the panel of data by the method of...
Persistent link: https://www.econbiz.de/10005407875
We examine the ability of the simple linear-quadratic model under rational expectations to explain dynamic behaviour of aggregate Canadian imports. In contrast to authors of previous studies who examine dynamic behaviour using the LQ model, we estimate the structural parameters using the Euler...
Persistent link: https://www.econbiz.de/10005407876
The use of subspace algorithms for the identification of non-stationary cointegrated stochastic systems is a promising technique that is currently under discussion. A revision of the literature provides two distinct algorithms: State Space Aoki Time Series (SSATS) identification algorithm (Aoki...
Persistent link: https://www.econbiz.de/10005407877
In this paper a Cobb-Douglas utility function is introduced and solved for a dynamic equation of property crime supply and its determinants, namely deterrents and income. Thereafter, all variables are empirically tested, by means of a simultaneous equations model, for the sign and magnitude of...
Persistent link: https://www.econbiz.de/10005407878
Nous proposons un cadre d’analyse unifié des liens de complémentarité entre usage de l’informatique et pratiques organisationnelles innovantes ainsi que des principes de sélection qui sous-tendent leur diffusion au niveau des postes de travail. Nous montrons que les principes communs de...
Persistent link: https://www.econbiz.de/10005407879