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Cointegration has important implications for portfolio diversification. One of these is that in order to spread risk it is advisable to invest in markets that are not cointegrated. Over the last several decades communication technology has made the world a smaller place and hence cointegration...
Persistent link: https://www.econbiz.de/10009480810
Business surveys often use complex sets of edit rules (edits, for short) to check returned questionnaires (records), locate suspicious or unacceptable responses, and support data cleaning operations prior to using the survey responses for estimation of the required target parameters. These sets...
Persistent link: https://www.econbiz.de/10009457860
Mixture cure models were originally proposed in medical statistics to model long-term survival of cancer patients in terms of two distinct subpopulations – those that are cured of the event of interest and will never relapse, along with those that are uncured and are susceptible to the event....
Persistent link: https://www.econbiz.de/10009458708
Consideration of the National Minimum Wage requires estimates of the distribution of hourly pay. The UK Labour Force Survey (LFS) is a key source of such estimates. The approach most frequently adopted by researchers has been to measure hourly earnings from several questions on pay and hours....
Persistent link: https://www.econbiz.de/10009439939
Data sets commonly used in the social sciences are often obtained by sample surveys with complex designs. These designs usually incorporate a multistage selection from a population with a natural hierarchical structure. In addition, these surveys can also be carried out in a repeated manner...
Persistent link: https://www.econbiz.de/10009458051
Consideration of the National Minimum Wage requires estimates of the distribution of hourly pay. The UK Labour Force Survey (LFS) is a key source of such estimates. The approach most frequently adopted by researchers has been to measure hourly earnings from several questions on pay and hours....
Persistent link: https://www.econbiz.de/10009458276
The analysis of repeated surveys can be approached using model-based inference, utilising the methods of time series analysis. On a long run of repeated surveys it should then be possible to enhance the estimation of a survey parameter. However, many repeated surveys that are suited to this...
Persistent link: https://www.econbiz.de/10009458456