One of the issues that have gained a lot of attention in recent years is the board gender diversity. Many researchers believe that gender diversity in the board reinforces corporate social responsibility and on the other hand, gender diversity is one of the signs and effects of corporate social responsibility in the board, so there is a mutual relationship between board gender diversity and cor...

This chapter explains the logic of structural econometric models and compares them to other types of econometric models. We provide a framework researchers can use to develop and evaluate structural econometric models. This framework pays particular attention to describing different sources of unobservables in structural models. We use our framework to evaluate several literatures in industrial...

In 1998, Kleinbock & Margulis [KM98] established a conjecture of V.G. Sprindzuk in metrical Diophantine approximation (and indeed the stronger Baker-Sprindzuk conjecture). In essence the conjecture stated that the simultaneous homogeneous Diophantine exponent w0(x) = 1/n for almost every point x on a non-degenerate submanifold M of Rn. In this paper the simultaneous inhomogeneous analogue of Sp...

This paper outlines a taxonomy of spatial econometric model specifications that incorporate spatial externalities in various ways. The point of departure is a reduced form in which local or global spillovers are expressed as spatial multipliers. From this, a range of familiar and less familiar specifications is derived for the structural form of a spatial regression.

Given the different income inequalities between rural, urban and metropolitan areas in Paraguay, the standard Roy model predicts the possibility that a selection bias of rural metropolitan migrants exists. Based on an extended Roy model, which allows for correlation between labor market characteristics and moving cost, I use a switching regression model to evaluate if migrants from rural to met...

In this paper we present sufficient conditions for the existence of a bounded real rational unit in H∞ to exactly interpolate to points in the right half plane (RHP). It is shown that these sufficient conditions are equivalent to the necessary and sufficient conditions for the existence of a bounded real irrational unit in H∞ to interpolate to points in the RHP, as initially described by Tannen...

This paper re-examines the Hotelling model of optimal nonrenewable resource extraction in light of stock effects and technological progress. We assume functional forms for cost and demand so that the solution to the Hotelling problem is a steady-state consistent with the empirical observation that the growth rates of market prices have remained zero over a long period of time. We use data on 14...