This paper is interested to show the limitations that the 2-Dimensional and 3-Dimensional graphs are showing when we try to visualize the behavior of large number of variables, equations and functions in the same graphical space. Therefore, we suggest the application of multi-dimensional graphs...

We develop a GARCH model with autoregressive conditional asymmetry to describe time-series. This means that, in addition to the conditional mean and variance, we assume that the skewness describes the behavior of the time-series. Analytically, we use the methodology proposed by Fernández and...

Society faces difficult choices over whether to allow habitat conversion for economic gain versus conserving habitat to protect biodiversity. Because the conservation of biodiversity and the material well being of the human population are both important goals, it is important to set conservation...

Nowadays, when companies are dealing with severe global competition, they are making serious investments in Customer Relationship Management (CRM) strategies. One of the cornerstones in CRM is customer churn prediction, the practice of determining a mathematical relation between customer...

Although some discussions about the relation between population and the economic growth are made for a long time, today there is a general opinion that the population growth has positive relation with the economic growth. This opinion is also supported by the empirical studies. Despite there is...

A survey conducted in 1975, as part of the World Fertility Survey programme, provided evidence that fertility began to decline in Pakistan during the early 1970s. Because of the low level of contraceptive use recorded in that survey, the fertility decline was attributed to delayed marriage....

This paper examines whether patents increase the geographic reach of the market for ideas. By employing a dataset of 25,127 US patents traded between US located firms, we find that patents sold during application phase are less likely to be traded outside the seller‟s state than patents that...

The present study explores the relationship between economic growth, electricity consumption, urbanization and environmental degradation in case of United Arab Emirates. The study covers the quarter frequency data over the period of 1975-2011. We have applied the ARDL bounds testing approach to...

This paper replicates Cheung and Lai (1995), who use response surface analysis to obtain approximate finite-sample critical values adjusted for lag order and sample size for the augmented Dickey-Fuller test. We obtain results that are quite close to their results. We provide the Ox source code....

The rules of the Eurozone cause the euro to function as the gold standard. The US economy performs better in some respects, partly because of the advantages of fiat money. The treaty on the EMU has to be adapted in order not to become dependent upon current ad hoc measures, with the loss of...