Despite many approaches undertaken by researchers to examine women entrepreneurs, gender issues and the effects of the caste system lie on assumptions that have not been empirically validated. This paper compares male and female entrepreneurs by moving beyond the more general studies that have...

This paper considers a three-stage game of a differentiated oligopoly: firms first make their entry decisions, then they choose production technologies and in the third stage of the game they decide product prices. The technology choice can be understood as selecting a technology from a pool of...

Since an analysis of seasonal fluctuation appeared to shed light on the nature of business cycles, testing for seasonal pattern in time series has been given considerable attention in the recent literature. It is also well-known that many economic and financial time series exhibit strong...

For a simple, standard sequential search model, the Nash-Stackelberg-Hybrid Equilibrium is shown to be non-robust when the assumption that all firms are constrained to operate the outlet is dropped. Firms open additional outlets to increase market power.

Recently, it has been shown that seasonal and business cycles are related and a similar economic mechanism is at work in producing both types of cycles. Thus, an analysis of seasonal fluctuations shed light on the nature of the business cycle. This paper uses the LM-type tests proposed by Canova...

Volatility in exchange rates is decomposed into components associated with domestic and international concerns for six Pacific Rim currencies. A latent factor model is used to model bilateral exchange rate changes as the weighted sum of three factors; two factors are uniquely associated with...