the main idea of this paper is to study the dependence between the probability of default and the recovery rate on credit portfolio and to seek empirically this relationship. we examine the dependence between pd and rr by theoretical approach. for the empirically methodology, we use the bootstrapped quantile regression and the simultaneous quantile regression. these methods allow to determinate...

This paper investigates the relationship between inflation and growth uncertainty in Iran for the period of 1988-2008 by using quarterly data. We employ Generalized Autoregressive Conditional Heteroscedasticity in Mean (GARCH-M) model to estimate time-varying conditional residual variance of growth, as a standard measures of growth uncertainty. The empirical evidence shows that growth uncertain...

The present study examines the impact of capital employed in buyback of shares on firm value for 180 firms listed in the Bombay Stock Exchange of India. The issue of buyback of shares in the period from 2006 to 2016 was examined. The firm value is measured by a proxy, enterprise value, as a substitute of share price. The results suggest that the firm value differs from pre and post buyback of s...

This paper surveys some of the quantitative empirical research in two areas of Marxist political economy: (a) Marxist national accounts, and (b) Marxist responses to the Sraffa-based critique of the 1970s. With respect to the first area, this paper explains the basic methodology underlying the construction of Marxist national accounts from traditional input-output data. With respect to the seco...

This paper studies the growth and performance of foreign investment enterprises in developing countries in the context of global economic integration and domestic reform with a focus on Vietnam as a case study. A model of enterprise performance is constructed to provide empirical findings and evidence-based policy implications on the role of capital, investment, monetary and development pol...

t is the purpose of this paper to contribute to the discussion initiated byWachter about the parallelism between principal component (PC) and atypological grade of membership (GoM) analysis. The author testedempirically the close relationship between both analysis in a lowdimensional framework comprising up to nine dichotomous variables and twotypologies. Our contribution to the subject is also...

Recently many researches have studied technological innovation capabilities (TICs) and their impacts on firm’s competitive performance in the field of manufacturing industries. This paper pursued Yam et al. (2004) framework to study the relevance of TICs and firm's competitive performance in a mainly-service-based industry in Iran (ICT). Empirical data were collected through a questionnaire from...

This essay identifies the empirical facts about lobbying which are generally agreed upon in the literature. It then discusses challenges to empirical research in lobbying and provides examples of empirical methods that can be employed to overcome these challenges—with an emphasis on statistical measurement, identification, and casual inference. The essay then discusses the advantages, disadvant...