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Three Essays On Computer And Internet Use At Home, Tadesse Biru Wodajo
Three Essays On Computer And Internet Use At Home, Tadesse Biru Wodajo
Dissertations
This dissertation consists of three essays on computer and Internet (CI) use in the United States households. Surveys show that the adoption and use of these two technologies at home have been steadily increasing over time. In addition to providing information regarding the use of CI at home, the essays seek to address a number of issues.
The first essay investigates the factors that determine the probability of owning a home CI and those influencing the intensity of use by employing the double-hurdle model. The double-hurdle estimation reveals that the use of a home CI is governed by two distinct …
Essays On Asymmetric Loss And Learning In Macroeconomic Forecasting, Sagarika Mishra
Essays On Asymmetric Loss And Learning In Macroeconomic Forecasting, Sagarika Mishra
Dissertations
My dissertation consists of three essays that answer the questions whether agents have asymmetric loss, why agents have asymmetric loss and whether agents engage in least squares learning.
In my first essay, I test the rationality of inflation forecasts from the Livingston survey using the Mincer-Zarnowitz (MZ) regression when agents have asymmetric loss. I show that the MZ regression is inappropriate when agents have asymmetric loss. I demonstrate how the MZ regression can be suitably modified to test forecast rationality when agents have asymmetric loss. When I augment the MZ regression with higher order moments of the forecasts, the rationality …
Economic Inequality In The New European Union: Are Monetary Policies In The European Union Unfair For Certain Countries?, Gregory Eric Banach
Economic Inequality In The New European Union: Are Monetary Policies In The European Union Unfair For Certain Countries?, Gregory Eric Banach
Dissertations
This research is focused on the affect one uniform monetary policy will have on the less developed countries that entered the European Union (EU) in 2004. One of the challenges facing the new entrants involves the required implementation of monetary policy goals, even though these new entrants do not have a vote on how the monetary policy is determined. Monetary policy in the EU is the responsibility of the European Central Bank (ECB) who has a stated goal price stability. It is possible to use the Taylor Rule to test whether the ECB focuses on price stability for both old …