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Using sine and cosine terms as predictors in modeling periodic time series and other kinds of periodic responses is a long-established technique, but it is often overlooked in many courses or textbooks. Such trigonometric regression is straightforward in Stata through applications of existing...
Persistent link: https://www.econbiz.de/10005583322
In this paper, we explore the reproducibility of the König et al. (2022) paper on the timing of bill initiation under coalition governments and validate its scope condition by expanding the analysis to an additional government and country, namely the United Kingdom's Conservative-Liberal...
Persistent link: https://www.econbiz.de/10014495329
In this paper, we explore the reproducibility of the König et al. (2022) paper on the timing of bill initiation under coalition governments and validate its scope condition by expanding the analysis to an additional government and country, namely the United Kingdom's Conservative-Liberal...
Persistent link: https://www.econbiz.de/10014514868
We consider 1927 borrowers from 54 countries who had a credit rating by both Moody's and S&P at the end of 1998, and their subsequent default history up to the end of 2002. Viewing bond ratings as predicted probabilities of default, we consider partial orderings among competing probability...
Persistent link: https://www.econbiz.de/10010264293
serve as nonparametric tests for multiple calibration of applied general equilibrium models or they can be used to …
Persistent link: https://www.econbiz.de/10010264869
For analyzing the impact of climate change and of international climate policies on the international division of labor and on regional welfare the use of a disaggregated multi–sectoral, multi–regional dynamic computable general equilibrium model is appropriate. This paper discusses the...
Persistent link: https://www.econbiz.de/10010265456
This paper studies polar sets of anisotropic Gaussian random fields, i.e. sets which a Gaussian random field does not hit almost surely. The main assumptions are that the eigenvalues of the covariance matrix are bounded from below and that the canonical metric associated with the Gaussian random...
Persistent link: https://www.econbiz.de/10010270700
This study investigates the role of stratification of health and income in the social cost of healthrelated early retirement, as evidenced in the German Socio-economic Panel (GSOEP). We interpret early retirement as a mechanism to limit work-related declines in health that allows poorer and less...
Persistent link: https://www.econbiz.de/10010272972
this calibration risk in a time series of DAX implied volatility surfaces from April 2003 to March 2004. We analyze in the … relation to calibration risk. …
Persistent link: https://www.econbiz.de/10010274112
The calibration of option pricing models leads to the minimization of an error functional. We show that its usual …
Persistent link: https://www.econbiz.de/10010274113