We compare density forecasts of the Samp;P 500 index from 1991 to 2004, obtained from option prices and daily and five-minute index returns. Risk-neutral densities are given by using option prices to estimate diffusion and jump-diffusion processes, that incorporate stochastic volatility, and...

The existing literature on social exclusion among older people, though relatively limited, suggests that disadvantage among the elderly is cumulative in nature. Some aspects of disadvantage starting at early life stages have long-term consequences. As such, older people with disadvantages may be...

This paper uses the first wave of HILDA in an analysis of the determinants of fertility, focusing in particular on the role of education. Estimating lifetime fertility from micro data sets is generally quite difficult since a large proportion of the sample, because of their age, will have...

The determinants of marital instability is an important area of research for demography, sociology and economics, with a host of public policy outcomes being significantly affected by family breakdown. This paper improves our understanding of the issue through the use of rich longitudinal data...

This paper examines the association between disability and disadvantage among Australian youth. Past experiences (e.g., school achievement), and present circumstances (e.g., participation in education and employment) as well as aspirations and expectations (e.g., expected education and career)...

We compare density forecasts of the S&P 500 index from 1991 to 2004, obtained from option prices and daily and 5-min index returns. Risk-neutral densities are given by using option prices to estimate diffusion and jump-diffusion processes which incorporate stochastic volatility. Three...

On the strength of expounding the general situation of study area and the status quo of agricultural laborers in China, the changes of the scale and structure of them from 1985 to 2009 are analyzed by relying on the survey from farmers and statistical data from the government. The causes of...