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The Dynamics of Hourly Electricity Prices

Härdle, Wolfgang - 2017

The dynamics of hourly electricity prices in day-ahead markets is an important element of competitive power markets that were only established in the last decade. In electricity markets, the market micro-structure does not allow for continuous trading, since operators require advance notice in...

Persistent link: https://www.econbiz.de/10012966292

Chapter 58. Calibration

Dawkins, Christina; Srinivasan, T.N.; Whalley, John - In: Handbook of econometrics : volume 5, (pp. 3653-3703). 2001

We discuss the use of calibration techniques in economic models. Calibration contrasts with estimation in relying on deterministic calculation of model parameter values consistent with data, rather than econometric estimation. The reasons why calibrators use these methods, as well as the main...

Persistent link: https://www.econbiz.de/10014024982

The dynamics of hourly electricity prices

Härdle, Wolfgang; Trück, Stefan - 2010

The dynamics of hourly electricity prices in day-ahead markets is an important element of competitive power markets that were only established in the last decade. In electricity markets, the market microstructure does not allow for continuous trading, since operators require advance notice in...

Persistent link: https://www.econbiz.de/10003952964

Voluntary turnover : what we measure and what it (really) means

Will, Matthias Georg - 2017

In this paper, we run regression analyses to explain voluntary turnover intentions with data from more than 5,000 employees and with about 250 explanatory variables. The findings of our multi-factor approach highlight the fact that previous empirical research might have over-estimated the impact...

Persistent link: https://www.econbiz.de/10011622208

Cost efficiency of Portuguese hotels in the Algarve : a comparative analysis using mathematical and econometric approaches

Oliveira, Ricardo; Pedro, Maria Isabel; Marques, Rui Cunha - In: Tourism economics : the business and finance of tourism … 20 (2014) 4, pp. 797-812

Persistent link: https://www.econbiz.de/10010466842

Scaling Laws in Stock Markets : An Analysis of Prices and Volumes

Bianchi, Sergio - 2011

consisting of the evaluation of particular moments such as variance or higher absolute moments, is replaced by a new technique …

Persistent link: https://www.econbiz.de/10013122367

The First Fifty Years of Modern Econometrics

Gilbert, Christopher L.; Qin, Duo - School of Economics and Finance, Queen Mary - 2005

We characterize modern econometrics in terms of the emergence a widely accepted analytical framework. A major theme … research sought to base econometrics on autonomous probabilistic models specified in terms of underlying structural parameters … expositions of what was accepted as standard econometrics in the late sixties and early seventies. Subsequently, the paradigm was …

Persistent link: https://www.econbiz.de/10005106445

Forecasting Housing Prices with Google Econometrics

Kulkarni, Rajendra - 2015

In this research note we report on our current efforts on developing a leading indicator of housing prices that could be used to forecast housing prices. Specifically we use Google search index at city level to predict Case-Shiller index. The methodology is based on Granger causality where we...

Persistent link: https://www.econbiz.de/10013039407

What happens when econometrics and psychometrics collide? : an example using the PISA data

Jerrim, John Peter; Lopez-Agudo, Luis Alejandro; … - 2017

International large-scale assessments such as PISA are increasingly being used to benchmark the academic performance of young people across the world. Yet many of the technicalities underpinning these datasets are misunderstood by applied researchers, who sometimes fail to take their complex...

Persistent link: https://www.econbiz.de/10011672714

Identification and Estimation in an Incoherent Model of Contagion

Massacci, D. - Faculty of Economics, University of Cambridge - 2007

This paper deals with the issues of identification and estimation in the canonical model of contagion advanced in Pesaran and Pick (2007). The model is a two-equation nonlinear simultaneous equations system with endogenous dummy variables; it also represents an extension of univariate threshold...

Persistent link: https://www.econbiz.de/10005113887