[2] I. Csiszar and J. Korner, Information Theory: Coding Theorems for Discrete Memotyless Systems. New York: Academic, to appear. [3] I. Csiszar, J. Komer, and K. Marton, “A New look at the error 1111 exponent of a discrete memoryless channel,” (preprint), presented at the IEEE Inf. Symp. on Inform. Theory, Ithaca, NY, Oct. IO14, [ 121 1977. [I31 [4] I. Csiszar and J. Komer, “Graph recompositio...

On one monthly time-series data set of Vietnam economy over 02/2008–09/2018, the Time-Varying-Coefficient VAR model records that trade-off between inflation and output growth is mitigated by foreign capital inflows. The mostly determined credit supply growth, while largely driven direct investment (FDI) A increase FDI USD 1 billion can raise 1.77% rate. result also holds on accounting for excha...

Article history: Received 18 March 2009 Received in revised form 11 September 2009 Accepted 2 March 2010 Available online 7 March 2010 JEL classifications: C92 D03 H41

ABSTRACT We investigate the relationship between insider horizon and disclosure policy. First, we develop analyze a rational expectations model assuming insiders are able to commit Insiders with short prefer more willing bear costs of reduce information asymmetries among capital market participants. then empirically test our predictions in setting newly public firms where CEO is approaching ret...

In this study, New Zealand and Finland are examined by Autoregressive distributed lag (ARDL) model for the relationship between coal consumption economic growth. For growth relationship, Kuznets curve is investigated period 1980 2015 2013. Results of study show that confirmed Finland. Hao et al. (2016) as in This contributes to current literature verifying Coal also not these countries before. ...

the different model specifications have been proposed to estimate time-varying technical efficiency in the last two decades. these models have resulted different efficiency scores based on their built-in specifications. this study investigates the temporal pattern of technical efficiency based on cornwell, sickles, and schmidt (css, 1990) as well as lee and schmidt (ls, 1993) models. in order t...

This article explores the level of Women’s Empowerment (W’E) from six empowerment domains: decision-making, autonomy, access and control resources, community participation, participation in business management, within context corn-tortilla value chain. A semi-structured questionnaire was used to collect data through survey method participant observation. The sample consisted 136 women producers...

This note introduces a model of contests with random noise and a shared prize that combines features of Tullock (1980) and Lazear and Rosen (1981). Similar to results in Lazear and Rosen, as the level of noise decreases the equilibrium effort rises. As the noise variance approaches zero, the equilibrium effort of the shared-prize contest approaches that of a Tullock lottery contest. JEL Classif...

Recent studies suggest psychological differences between conservatives and liberals, including that conservatives are more overconfident. We use a behavioral political economy model to show that while this is undoubtedly true for election years in the current era, there is no reason to believe that conservative ideologies are intrinsically linked to overconfidence. Indeed, it appears that in 19...

We suggest moment estimators for the parameters of a continuous time GARCH(1,1) process based on equally spaced observations. Using the fact that the increments of the COGARCH(1,1) process are ergodic, the resulting estimators are consistent. We investigate the quality of our estimators in a simulation study based on the compound Poisson driven COGARCH model. The estimated volatility with corre...