Showing 1 - 10 of 19
Persistent link: https://www.econbiz.de/10005418202
This book explores globalisation and the war on terror in a world that is becoming increasingly and significantly polarised and in which dialogue is undermined. The authors contend that citizenship does not obey a static definition, and that its meaning is located in changing economic, social...
Persistent link: https://www.econbiz.de/10011176668
Persistent link: https://www.econbiz.de/10010552182
In the literature on unobservable component models , three main statistical instruments have been used for signal extraction: fixed interval smoothing (FIS), which derives from Kalman's seminal work on optimal state-space filter theory in the time domain; Wiener-Kolmogorov-Whittle optimal signal...
Persistent link: https://www.econbiz.de/10005492191
The paper discusses a new, fully recursive approach to the adaptive modeling, forecasting and seasonal adjustment of nonstationary economic time-series. The procedure is based around a time variable parameter (TVP) version of the well known “component” or “structural” model. It employs a...
Persistent link: https://www.econbiz.de/10005372789
Among the alternative Unobserved Components formulations within the stochastic state space setting, the Dynamic Harmonic Regression (DHR) has proved particularly useful for adaptive seasonal adjustment signal extraction, forecasting and back-casting of time series. Here, we show first how to...
Persistent link: https://www.econbiz.de/10005115625
The contemporary understanding of public sector risk management entails a broadening of the traditional bureaucratic approach to risk beyond the boundaries of purely financial risks. However, evidence suggests that in reality public sector risk management does not always match the rhetoric. This...
Persistent link: https://www.econbiz.de/10010761117
This article discusses the growth in the UK of the use of public space closed circuit television (CCTV) systems as a means of controlling risk. The evidence as to the efficacy of CCTV is equivocal, but despite this successive UK governments have extolled the virtues of the technology, and have...
Persistent link: https://www.econbiz.de/10010620066
A number of studies throughout the late 1980s and early 1990s were able to highlight economic gains from the policy of Compulsory Competitive Tendering (CCT) in the UK. Claims have been made that this economic gain was achieved by financial savings brought about by deterioration in the terms and...
Persistent link: https://www.econbiz.de/10010605958
This article considers the possibilities for widespread use of municipal bonds to finance public sector infrastructure, with particular reference to Scotland. Provided the various control measures recommended in this article are in place, there can be few objections either in principle or...
Persistent link: https://www.econbiz.de/10010606583