Showing 1 - 10 of 24
This paper addresses a comparative analysis of financial management effectiveness, which evaluates financial performance in the Indonesia’s construction state-owned enterprises (SOEs). State companies were established to make a significant contribution to the growth of national economy and...
Persistent link: https://www.econbiz.de/10009437645
This paper reviews the main development of approaches to modelling urban public transit users’ route choice behaviour from 1960s to the present. The approaches reviewed include the early heuristic studies on finding the least cost transit route and all-or-nothing transit assignment, the bus...
Persistent link: https://www.econbiz.de/10009437980
This thesis is targeting on proposing a new variable selection method and showing its applications in financial markets. Statistically, this thesis constructs a new adaptive variable selection criterion, proves its same asymptotic rate with mini-max estimator, and shows its effectiveness in...
Persistent link: https://www.econbiz.de/10009438487
This dissertation consists of two essays concerning search-theoretic monetary economics. The issues studied here are about search and matching, which requires models with an explicit microfoundation. The meaningful economic intuitions and policy implications we get justify the necessity of this...
Persistent link: https://www.econbiz.de/10009438729
This paper identifies the ex ante factors of currency speculation based on the experience of Hong Kong’s three episodes in 1988, 1998 and 2007. The dynamic conditional correlation models are used to study the inter-temporal interactions among the Hang Seng Index, Hang Seng Index futures and...
Persistent link: https://www.econbiz.de/10015229668
This paper examines the contemporaneous and inter-temporal interaction between real exchange rate and real interest rate differential in the two financial crises of 1997 and 2008 by using data from thirteen countries from different world regions. The empirical result shows that negative...
Persistent link: https://www.econbiz.de/10015229682
The paper studies the commutative and causality relationship between economic openness and indigenous factors. The construction of the Openness Index and the Indigenous Index provides a measure on the extent of openness and indigenous development among world economies. The two indices are used...
Persistent link: https://www.econbiz.de/10015229683
This paper employs a total of thirty four openness factors and indigenous factors to construct two indicators for 62 world economies for the period 1998-2002. While most globalization studies concentrated on openness factors, regression estimates and simulation studies show that sound...
Persistent link: https://www.econbiz.de/10015229684
Evidences from nonparametric and semiparametric unbalanced panel data models with fixed effects show that Kuznet’s inverted-U relationship is confirmed when economic development reaches a threshold. The model tests justify semiparametric specification. The integrated net contribution of...
Persistent link: https://www.econbiz.de/10015230383
This paper empirically uses data from the world economy to show that performance of domestic factors are equally important to external factors when comes to growth. Various external and domestic factors are used to construct two separate indices and the principal component method is applied in...
Persistent link: https://www.econbiz.de/10015230384