Purpose: This study attempts to analyze the influence of board structure (board size, independence, CEO duality, insider ownership) on performance Bangladeshi listed nonfinancial firms during post-shock period stock prices. Methodology: Putting stress issue controlling for any possible endogeneity problems prevails in effects corporate this employed Durbin-Wu-Hausman test as presence severely m...

Bu çalışmanın amacı doğrudan yabancı yatırımların Ar-Ge harcamaları üzerindeki etkisini araştırmaktır. Çalışmanın kapsamı AB-16 ülkesi ve Türkiye 1996-2018 dönemidir. Çalışmada yöntem olarak yatay kesit bağımlılık testi, CADF birim kök homojenlik Durbin-Hausman eşbütünleşme testi kullanılmıştır. Elde edilen sonuçlara göre harcamalarını pozitif etkilemektedir.

Determining the direction of relationship between public expenditures and economic growth has been among issues that have discussed for many years. In paper, was investigated within scope Wagner's Law Keynes Theory, using annual data period 1995-2019 EU countries. For this purpose, Westerlund (2008) Durbin-Hausman cointegration test Dumitrescu-Hurlin (2012) panel causality were applied to relat...

The costs of shortages and rationing are not captured by standard consumer price indices. In this study, virtual prices for the rationed goods are used to calculate a new cost-of-living index (CLI). The results for Poland show that from 1987 to 1992 the CLI that ignores the rationing effects is biased upward from 3.6 to 6.99 percentage points per year. Compared to the welfare loss calculated by...

The purpose of this paper is to examine whether female earnings have influenced divorce rates in Australia, using state-level data for the past four decades. Following a recent study by Ressler and Waters (2000), which concludes from comparable US data that female earnings and divorce rates may be jointly endogenous, initial testing is performed to identify whether female earnings can be treate...

Using panel data on 12 European source countries that are followed for 26 years (1873-1898), this paper studies agespecific emigration rates and the age composition of U.S. immigration. Two age groups are the focus of attention, 15-40 and over 40. Emigration-rate models and compositional models that satisfy adding-up conditions are estimated by the Hausman-Taylor Instrumental Variable approach....

This paper analyses structural and cyclical determinants of banking profitability in 16 Western European countries. We find that financial structure matters, particularly through the beneficial effect of the capital market orientation in the respective national financial system. Furthermore, higher diversification regarding banks’ income sources shows a positive effect. The industry concentrati...

Doctor Ruggles is Division Medical Director and Head, Section of Epilepsy and Sleep Disorders, Marshfield Clinic. Doctor Hausman is Director, Marshfield Clinic Sleep Disorders Center. ABSTRACT Excessive Daytime Sleepiness (EDS) is a difficult clinical problem, which is often indicative of a serious underlying physiologic condition. EDS is associated with automobile accidents, work-related injur...