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Data analysts often prefer access to data in the form of original tuples(i.e., microdata), instead of pre-aggregated statistics, since the former offers advantages in information flexibility and availability. Two problems should be addressed before releasing microdata. First, individual's...
Persistent link: https://www.econbiz.de/10009431267
Surveys have shown that, in general, developing countries tend to regulate the set-up processes for firms more intensively than developed countries. In particular, while many developing countries tend to integrate licensing requirements in the set-up process ('set-up licensing'), the more...
Persistent link: https://www.econbiz.de/10009446638
We solve an agent's optimization problem of meeting demands for cash over time with cash deposited in bank or invested in stock. The stock pays dividends and uncertain capital gains, and a commission is incurred in buying and selling of stock. We use a stochastic maximum principle to obtain...
Persistent link: https://www.econbiz.de/10015219933