Showing 1 - 10 of 35
Market risk management is one of the key factors to success in managing financial institutions. Underestimated risk can have desastrous consequences for individual companies and even whole economies, not least as could be seen during the recent crises. Overestimated risk, on the other side, may...
Persistent link: https://www.econbiz.de/10009575075
Persistent link: https://www.econbiz.de/10003856443
In contrast to conventional measures, the Focused Information Criterion (FIC) allows the purpose-specific selection of models, thereby reflecting the idea that one kind of model might be appropriate for inferences on a parameter of interest, but not for another. Ever since its invention, the FIC...
Persistent link: https://www.econbiz.de/10008935218
Persistent link: https://www.econbiz.de/10009750557
Persistent link: https://www.econbiz.de/10010431329
This article considers non-unitary models of household behavior. These models suppose explicitly that households consist of a number of different members with preferences that are different from each other. They can be split up into two principal categories: cooperative (or collective) models,...
Persistent link: https://www.econbiz.de/10003923916
Persistent link: https://www.econbiz.de/10003924504
Persistent link: https://www.econbiz.de/10001514232
Persistent link: https://www.econbiz.de/10003798811
Persistent link: https://www.econbiz.de/10001606186