Open Access. Powered by Scholars. Published by Universities.®

Econometrics Commons

Open Access. Powered by Scholars. Published by Universities.®

2099 Full-Text Articles 1611 Authors 323343 Downloads 71 Institutions

All Articles in Econometrics

Faceted Search

2099 full-text articles. Page 1 of 67.

Money And Monetary Policy In The Eurozone: An Empirical Analysis During Crises, Jonathan Benchimol, André Fourçans 2016 Bank of Israel

Money And Monetary Policy In The Eurozone: An Empirical Analysis During Crises, Jonathan Benchimol, André Fourçans

Jonathan Benchimol

This paper analyses the role of money and monetary policy as well as the forecasting performance of New Keynesian dynamic stochastic general equilibrium (DSGE) models with and without separability between consumption and money. The study is conducted over three crisis periods in the Eurozone, namely, the ERM crisis, the Dot-com crisis and the Global Financial Crisis (GFC). The results of successive Bayesian estimations demonstrate that during these crises, the non-separable model generally provides better out of sample output forecasts than the baseline model. We also demonstrate that money shocks have some impact on output variations during crises, especially in the ...


Can Noncompliant Behavior Explain Racial/Ethnic Disparities In The Use Of Force By The Nypd? An Econometric Analysis Of New York's Stop-And-Frisk, Omari-Khalid Rahman 2016 CUNY Hunter College

Can Noncompliant Behavior Explain Racial/Ethnic Disparities In The Use Of Force By The Nypd? An Econometric Analysis Of New York's Stop-And-Frisk, Omari-Khalid Rahman

School of Arts & Sciences Theses

This paper seeks to analyze spatiotemporal variations in NYPD policing patterns in an attempt to identify the causal mechanism(s) driving the observed racial/ethnic disparities; specifically, it addresses questions of how changing neighborhood demographics influence the decision-making of NYPD officers/precincts as it relates to their controversial Stop-and-Frisk policy.


Econometric Analysis Of Motorists’ Preference For Ethanol In Motor Fuel, Kenneth Liao, Sebastien Pouliot 2016 Iowa State University

Econometric Analysis Of Motorists’ Preference For Ethanol In Motor Fuel, Kenneth Liao, Sebastien Pouliot

Sebastien Pouliot

The second installment of the Renewable Fuels Standard (RFS2) requires minimum blending of ethanol and other biofuels into the motor fuel consumed in the United States. The vast majority of gasoline consumed in the United States contains no more than 10 percent ethanol. This gasoline-ethanol blend is conventionally known as E10. The maximum quantity of ethanol that can be blended into the total motor fuel pool through E10 is commonly referred to as the E10 blend wall. The quantity of ethanol mandated by the RFS2 is now reaching the point where it is set to surpass the E10 blend wall ...


Arbitrage Between Ethanol And Gasoline: Evidence From Motor Fuel Consumption In Brazil, Sebastien Pouliot 2016 Iowa State University

Arbitrage Between Ethanol And Gasoline: Evidence From Motor Fuel Consumption In Brazil, Sebastien Pouliot

Sebastien Pouliot

Unlike regular cars, ex-fuel vehicles (FFVs) allow motorists to fuel on motor blends that contain between zero and one hundred percent of ethanol. This paper investigates how motorists arbitrage between hydrous ethanol and gasoline using aggregate fuel consumption data in Brazil. The ability of FFV motorists to arbitrage between fuel blends shapes of aggregate demands for hydrous ethanol and gasoline. I estimate using nonlinear seemingly unrelated regressions the demands for hydrous ethanol and gasoline in Brazil, and motorists preferences for hydrous ethanol. I find that on average, accounting for the relative energy contents of the two fuels, FFV motorists in ...


After Halliburton: Event Studies And Their Role In Federal Securities Fraud Litigation, Jill E. Fisch, Jonah B. Gelbach, Jonathan Klick 2016 University of Pennsylvania Law School

After Halliburton: Event Studies And Their Role In Federal Securities Fraud Litigation, Jill E. Fisch, Jonah B. Gelbach, Jonathan Klick

Jill Fisch

Event studies have become increasingly important in securities fraud litigation after the Supreme Court’s decision in Halliburton II. Litigants have used event study methodology, which empirically analyzes the relationship between the disclosure of corporate information and the issuer’s stock price, to provide evidence in the evaluation of key elements of federal securities fraud, including materiality, reliance, causation, and damages. As the use of event studies grows and they increasingly serve a gatekeeping function in determining whether litigation will proceed beyond a preliminary stage, it will be critical for courts to use them correctly.

This Article explores an array ...


After Halliburton: Event Studies And Their Role In Federal Securities Fraud Litigation, Jill E. Fisch, Jonah B. Gelbach, Jonathan Klick 2016 University of Pennsylvania Law School

After Halliburton: Event Studies And Their Role In Federal Securities Fraud Litigation, Jill E. Fisch, Jonah B. Gelbach, Jonathan Klick

Jill Fisch

Event studies have become increasingly important in securities fraud litigation after the Supreme Court’s decision in Halliburton II. Litigants have used event study methodology, which empirically analyzes the relationship between the disclosure of corporate information and the issuer’s stock price, to provide evidence in the evaluation of key elements of federal securities fraud, including materiality, reliance, causation, and damages. As the use of event studies grows and they increasingly serve a gatekeeping function in determining whether litigation will proceed beyond a preliminary stage, it will be critical for courts to use them correctly.

This Article explores an array ...


16-16 Focality And Asymmetry In Multi-Battle Contests, Subhashish M. Chowdhury, Dan Kovenock, David Rojo Arjona, Nathaniel Wilcox 2016 University of East Anglia

16-16 Focality And Asymmetry In Multi-Battle Contests, Subhashish M. Chowdhury, Dan Kovenock, David Rojo Arjona, Nathaniel Wilcox

ESI Working Papers

This article examines behavior in two-person constant-sum Colonel Blotto games in which each player maximizes the expected total value of the battlefields won. A lottery contest success function is employed in each battlefield. Recent experimental research on such games provides only partial support for Nash equilibrium behavior. We hypothesize that the salience of battlefields affects strategic behavior (the salient target hypothesis). We present a controlled test of this hypothesis – against Nash predictions – when the sources of salience come from certain asymmetries in either battlefield values or labels (as in Schelling (1960)). In both cases, subjects over-allocate the resource to the ...


Role Of Ethanol Plants In Dakotas Land Use Change: Incorporating Flexible Trends In The Difference-In-Difference Framework With Remotely-Sensed Data, Gaurav Arora, Peter T. Wolter, Hongli Feng, David A. Hennessy 2016 Iowa State University

Role Of Ethanol Plants In Dakotas Land Use Change: Incorporating Flexible Trends In The Difference-In-Difference Framework With Remotely-Sensed Data, Gaurav Arora, Peter T. Wolter, Hongli Feng, David A. Hennessy

Peter Wolter

The focus of this study is the Dakotas’ recent land use transitions from grass to corn and soybean cultivation. Recent literature has extensively characterized these land use changes and related concerns. However, formal analyses to understand the factors underlying these conversions are lacking. We study the role of Dakotas’ ethanol plants in these land use changes. We construct a spatially delineated dataset and implement a Difference-in-Difference (DID) model in conjunction with Propensity Score Matching to estimate the impact of a corn-based ethanol plant on nearby corn-acres. We hold the advent of an ethanol plant to be the treatment and estimate ...


After Halliburton: Event Studies And Their Role In Federal Securities Fraud Litigation, Jill E. Fisch, Jonah B. Gelbach, Jonathan Klick 2016 University of Pennsylvania Law School

After Halliburton: Event Studies And Their Role In Federal Securities Fraud Litigation, Jill E. Fisch, Jonah B. Gelbach, Jonathan Klick

Faculty Scholarship

Event studies have become increasingly important in securities fraud litigation after the Supreme Court’s decision in Halliburton II. Litigants have used event study methodology, which empirically analyzes the relationship between the disclosure of corporate information and the issuer’s stock price, to provide evidence in the evaluation of key elements of federal securities fraud, including materiality, reliance, causation, and damages. As the use of event studies grows and they increasingly serve a gatekeeping function in determining whether litigation will proceed beyond a preliminary stage, it will be critical for courts to use them correctly.

This Article explores an array ...


Regression Discontinuity Designs With Clustered Data: Variance And Bandwidth Choice, Otávio C. Bartalotti, Quentin O. Brummet 2016 Iowa State University

Regression Discontinuity Designs With Clustered Data: Variance And Bandwidth Choice, Otávio C. Bartalotti, Quentin O. Brummet

Economics Working Papers (2016– )

Regression Discontinuity designs have become popular in empirical studies due to their attractive properties for estimating causal eects under transparent assumptions. Nonetheless, most popular procedures assume i.i.d. data, which is unreasonable in many common applications. To fill this gap, we derive the properties of traditional local polynomial estimators in a fixed-G setting that allows for cluster dependence in the error term. Simulation results demonstrate that accounting for clustering in the data while selecting bandwidths may lead to lower MSE while maintaining proper coverage. We then apply our cluster-robust procedure to an application examining the impact of Low-Income Housing ...


The Influence Of The Electric Supply Industry On Economic Growth In Less Developed Countries, Edward Richard Bee 2016 University of Southern Mississippi

The Influence Of The Electric Supply Industry On Economic Growth In Less Developed Countries, Edward Richard Bee

Dissertations

This study measures the impact that electrical outages have on manufacturing production in 135 less developed countries using stochastic frontier analysis and data from World Bank’s Investment Climate surveys. Outages of electricity, for firms with and without backup power sources, are the most frequently cited constraint on manufacturing growth in these surveys.

Outages are shown to reduce output below the production frontier by almost five percent in Africa and by a lower percentage in South Asia, Southeast Asia and the Middle East and North Africa. Production response to outages is quadratic in form. Outages also increase labor cost, reduce ...


The Economic Impacts Of Animal To Human Transmitted Disease In The Sudan.Pdf, Professor Issam A.W. Mohamed 2016 Department of Economics. Al Neelain University, Khartoum, Sudan

The Economic Impacts Of Animal To Human Transmitted Disease In The Sudan.Pdf, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

Zoonotic infectious livestock diseases are becoming a significant burden for both animal and human health and
are rapidly gaining the attention of decision-makers who manage public health programs. We developed a susceptible,
infected and removed (SIR) dynamic linear mathematical model of livestock-to-human brucellosis transmission in AL-Gazira
state. The compartmental model considers transmission within sheep and cattle populations and the transmission to humans
as additive components. The model was fitted to demographic and sero-prevalence data from livestock and annually
reported new human brucellosis cases in Abu-Gutta locality. The objectives are to estimate the economic impacts of endemic
Brucellosis diseases on both ...


Executive Summary Of The Assessment Of The Iowa Franchise Investment Act, Senate File 522, Mark A. Edelman Dr. 2016 Iowa State University

Executive Summary Of The Assessment Of The Iowa Franchise Investment Act, Senate File 522, Mark A. Edelman Dr.

Mark Edelman

WHAT IS THE ECONOMIC IMPORTANCE: OF FRANCHISING? j :o- Overall sales exceeds $600 billion,-per. year^ accounting for more than a third of all retail sales in the United States. WHY DOES FRANCHISING DEVELOP? . ^ The business format franchise makes economic isense as a business formation strategy when a marketable business concept is developed but the developer . doesn't .have, access jto. all of the _necessary capital-to fully develop aiprofitable. manufacturing, wholesale, and retail system.


Empirical Study Of Online Horse Race Bettors Betting Behavior In Finland, Tuomo Kainulainen 2016 University of Eastern Finland

Empirical Study Of Online Horse Race Bettors Betting Behavior In Finland, Tuomo Kainulainen

International Conference on Gambling and Risk Taking

This presentation produces an overview of online horse race bettors’ betting behavior in the Finnish betting market. The following studies have utilized individual-level online betting data LaPlante et al. (2006), LaBrie et al. (2007), LaBrie et al. (2008), LaPlante et al. (2009), Xuan & Shaffer (2009), Braveman & Shaffer (2010), Dragicevic et al. (2011), Fiedler (2013) and Gainsbury & Russell (2013). These studies focus on sports betting, poker and casino games. As an addition to the betting behavioural literature, this study focuses on horse race betting by utilizing betting data provided by Fintoto Ltd which has a legal monopoly for horse race betting ...


Rhode Island Current Conditions Index -- June 2016, Leonard Lardaro 2016 University of Rhode Island

Rhode Island Current Conditions Index -- June 2016, Leonard Lardaro

The Rhode Island Current Conditions Index

No abstract provided.


Robust Econometric Inference With Mixed Integrated And Mildly Explosive Regressors, Peter C. B. PHILLIPS, Ji Hyung LEE 2016 Singapore Management University

Robust Econometric Inference With Mixed Integrated And Mildly Explosive Regressors, Peter C. B. Phillips, Ji Hyung Lee

Research Collection School Of Economics

This paper explores in several prototypical models a convenient inference procedure for nonstationary variable regression that enables robust chi-square testing for a wide class of persistent and endogenous regressors. The approach uses the mechanism of self-generated instruments called IVX instrumentation developed by Magdalinos and Phillips (2009b). We first show that these methods remain valid for regressors with local unit roots in the explosive direction and mildly explosive roots, where the roots are further from unity in the explosive direction than 0 (n(-1)). It is also shown that Wald testing procedures remain robust for multivariate regressors with certain forms of ...


The Impacts Of Monetary Policies On Inflation Rates In Sudan (1970–2014).Pdf, Professor Issam A.W. Mohamed 2016 Department of Economics. Al Neelain University, Khartoum, Sudan

The Impacts Of Monetary Policies On Inflation Rates In Sudan (1970–2014).Pdf, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

"> The current paper investigates the role of fiscal and monetary policies on inflation in Sudan for the
period (1970-2014). The study assessed the impact of money supply, exchange rate, gross domestic product
(GDP), budget deficit and government expenditure on inflation. It has adopted a descriptive and analytical
method to achieve the goal. In particular, it has relied on empirical investigation based on descriptive statistic
and econometric modelling.
The results shows that several monetary, fiscal and structural factors, namely, money supply, budget deficit and
shrinking of gross domestic product are simultaneously influencing inflation in Sudan. While exchange rate and
government expenditure ...


Air Pollution, Temperature And Cognitive Performance In The Short Run: Evidence From Women’S Ability To Recall Dates, Ke Yang 2016 University of San Francisco

Air Pollution, Temperature And Cognitive Performance In The Short Run: Evidence From Women’S Ability To Recall Dates, Ke Yang

Master's Theses

Abstract: Cognitive performance is important to productivity across many fields and potentially correlated to air pollution and extreme temperatures. We study the effects of daily ambient air pollution and monthly temperature on women’s ability of recalling dates across 42 developing countries from 1997 to 2009. We use an estimated natural air pollution data, and calculate the AQI to get an aggregate effect of air pollution. We find that one standard deviation increase in the AQI leads to a statistical decrease in women’s probability to recall dates such as birthdays, marriage date or children’s birthdays by 0.44 ...


Air Pollution And Fetal Loss In The Global Tropics, Shuqiao Cheng 2016 University of San Francisco

Air Pollution And Fetal Loss In The Global Tropics, Shuqiao Cheng

Master's Theses

Abstract: Recent work has shown that in-utero air pollution has negative effects on both contemporaneous birth outcomes and long-term human capital outcomes. However, only a few studies explore the effects of in-utero exposure to air pollution on fetal loss, and none of the studies has been done in developing countries. In this study, we examine the impact of naturally caused CO and PM 2.5 on reproductive outcomes in 40 developing countries from 1997 to 2009. We present childbirths and birth gender as measures for potential fetal losses. The richest model identified using variation in pollution between pregnancies with controlling ...


Behavioral Determinants Of Biofortified Food Acceptance: The Case Of Orange-Fleshed Sweet Potato In Ghana, Chinonso E. Etumnu 2016 University of San Francisco

Behavioral Determinants Of Biofortified Food Acceptance: The Case Of Orange-Fleshed Sweet Potato In Ghana, Chinonso E. Etumnu

Master's Theses

Biofortified foods are being introduced in sub-Saharan Africa as an important strategy to help address micronutrient malnutrition. However, there has been little research on factors that could play decisive roles in their successful introduction. This paper investigates the determinants of consumer acceptance of biofortified orange-fleshed sweet potato (OFSP) using data from a choice experiment conducted in Ghana. I find that OFSP is preferred to traditional white-fleshed and yellow-fleshed sweet potatoes as indicated by consumers' marginal willingness to pay for the three varieties. I also find that respondents' socio-economic characteristics do not have a significant effect on consumer acceptance of OFSP ...


Digital Commons powered by bepress