Slack-variable models are compared against Scheffe's polynomial model for mixture experiments. The notion of model equivalence and the use of various diagnostic measures provide effective tools in making such comparisons, particularly when the experimental region is highly constrained. It is...

We study the business cycles properties of the four largest European economies in the wake of the recent recession episodes. The analysis is based on the factors estimated from a multi-country and multi-sector data rich environment. We measure alikeness of business cycles by studying the...

We study the business cycle properties of the four largest euro area economies in the wake of the recent recession episodes. The analysis is based on the factors estimated from a multi-country and multi-sector data-rich environment. We measure alikeness of business cycles by studying the...