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A Subsampling Approach to Estimating the Distribution of Diversing Statistics with Application to Assessing Financial Market Risks RECERCAT - Dipòsit de Recerca de Catalunya Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Patrice Bertail; Christian Haefke; Dimitris N. Politis; Halbert White; Resumen : In this paper we propose a subsampling estimator for the distribution of statistics diverging at either known rates when the underlying time...
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Mejorando el juego alrededor del green Formación Gratis Pruebe estos sencillos consejos. Le ayudaran ! Approach desde pasto mojado Desde el pasto mojado siempre tome un palo de más y péguele con swing sin forzar, esto permitirá que barra la pelota de el pasto mojado y no le pegue pesada. Fuente: http...
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Ratio Maps and Correspondence Analysis RECERCAT - Dipòsit de Recerca de Catalunya both. The first is a biplot based on the logratio approach to compositional data analysis. This approach is founded on the principle of subcompositional coherence, which assures that results are invariant to considering subsets of the composition. The...
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Recursive Contracts RECERCAT - Dipòsit de Recerca de Catalunya constraints, the corresponding maximization (sup) problems fails to have a recursive solution. Our approach consists of studying the Lagrangian. We show that, under standard assumptions, the solution to the Lagrangian is characterized by a recursive saddle...
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On a Problem of Alfréd Rényi RECERCAT - Dipòsit de Recerca de Catalunya Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Pelegrí Viader; Lluís Bibiloni; Jaume Paradís; Resumen : Alfréd Rényi, in a paper of 1962, A new approach to the theory of Engel's series, proposed a problem related to...
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Managing by Values in the Next Milenium: Cultural Redesign for Strategic Organizational Change RECERCAT - Dipòsit de Recerca de Catalunya model is needed. In this paper, we will propose that both Management by Instructions (MBI) and Management by Objectives (MBO) today give notoriously inadequate results. By contrast, description of a new approach labeled: Management by Values (MBV), seem...
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A Simple Access Pricing Rule to Achieve the Ramsey Outcome in Two-Way Access RECERCAT - Dipòsit de Recerca de Catalunya Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Doh-Shin Jeon; Resumen : In this paper, I consider a general and informationally effcient approach to determine the optimal access rule and show that there exists...
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Análisis del control social desde una perspectiva histórica   Monografias.Com a la óptica de estudio de la Teoría del Etiquetamiento o "Labelling approach" y a las posiciones de la Criminología Crítica.... 1 Opinión
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Measuring and Explaining Farm Inefficiency in a Panel Data Set of Mixed Farms RECERCAT - Dipòsit de Recerca de Catalunya farms in the period 1989-1993, in order to attempt to measure and explain variation in technical inefficiency scores with a one-stage approach. The model uses gross value added as the output aggregate measure. Total employment, fixed capital, current...
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Does Reasoning Enhance Learning? RECERCAT - Dipòsit de Recerca de Catalunya , learning through naive reinforcement, and then grant them some introspective capabilities, we get outcomes that are not closer but farther away from the fully introspective game-theoretic approach. The cause of this is the following: there is an asymmetry...
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Finite Horizon Bargaining and the Consistent Field RECERCAT - Dipòsit de Recerca de Catalunya -transferable utility (NTU) cooperative games. A dynamic approach to the consistent value for NTU games is introduced: the consistent vector field. The main contribution of the paper is to show that the consistent field is intimately related to the concept of...
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Do Interregional Transfers Improve the Economic Performance of Poor Regions? The Case of Spain RECERCAT - Dipòsit de Recerca de Catalunya programs using a differences--in-- differences approach. We find that these policies have not been effective at stimulating private investment or improving the overall economies of the poorer regions....
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Long-Run Substitutability between More and Less Educated Workers: Evidence from U.S. States 1950-1990 RECERCAT - Dipòsit de Recerca de Catalunya curve for more relative to less educated workers) at the US state level. Our data come from the (five)1950-1990 decennial censuses. Our empirical approach allows for state and time fixed effects and relies on time and state dependent child labor and...
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Forecasting and Turning Point Predictions in a Bayesian Panel VAR Model RECERCAT - Dipòsit de Recerca de Catalunya multistep, multiunit point and average forecasts are provided. An application to the problem of forecasting the growth rate of output and of predicting turning points in the G-7 illustrates the approach. A comparison with alternative forecasting methods is...
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On the Robustness of Least-Squares Monte Carlo (LSM) for Pricing American Derivatives RECERCAT - Dipòsit de Recerca de Catalunya options provide evidence that a) this approach is very robust to the choice of different alternative polynomials and b) few basis functions are required. However, these conclusions are not reached when analyzing more complex derivatives....
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Biased Quantitative Measurement of Interval Ordered Homothetic Preferences RECERCAT - Dipòsit de Recerca de Catalunya the bias is constant if and only if preferences are semiordered, and we identify conditions ensuring a linear utility function. We illustrate our approach with indifference sets on a two dimensional commodity space....
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On the Sources of Business Cycles in the G-7 RECERCAT - Dipòsit de Recerca de Catalunya a novel identification approach which uses the sign of the cross correlation function in response to shocks to catalog orthogonal disturbances. We find that demand shocks are the dominant source output, inflation and term structure fluctuations in six of...
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Indentifying Human Capital Externalities: Theory with an Application to US Cities RECERCAT - Dipòsit de Recerca de Catalunya method may yield positive or negative externalities even if wages reflect marginal social products. We propose an approach that yields positive average human capital externalities if and only if the marginal social product of workers with above-average...
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Supermarket Key Attributes and Location Decisions: A Comparative Study between British and Spanish Consumers RECERCAT - Dipòsit de Recerca de Catalunya paper presents a new approach to determine which store’s attributes (other than distance) should be included in the new Market Capture Models and how they ought to be reflected using the Multiplicative Competitive Interaction model. The methodology...
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Estimating Parliamentary Composition through Electoral Polls RECERCAT - Dipòsit de Recerca de Catalunya usually focus on estimating vote proportions and then applying the electoral formula to give a forecast of the parliament's composition. We here describe the problems arising from this approach: there is always a bias in the forecast. We study the origin...
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