Regional And Local Tensions: The Role Of Shared Services, 2012 Southern Cross University
Regional And Local Tensions: The Role Of Shared Services, Michael Kortt, Brian Dollery, Bligh Grant
Bligh Grant
No abstract provided.
Rhode Island Current Conditions Index — October 2012, 2012 University of Rhode Island
Rhode Island Current Conditions Index — October 2012, Leonard Lardaro
The Rhode Island Current Conditions Index
No abstract provided.
Estimation Of High-Frequency Volatility: An Autoregressive Conditional Duration Approach, 2012 Singapore Management University
Estimation Of High-Frequency Volatility: An Autoregressive Conditional Duration Approach, Yiu Kuen Tse, Thomas Tao Yang
Research Collection School Of Economics
We propose a method to estimate the intraday volatility of a stock by integrating the instantaneous conditional return variance per unit time obtained from the autoregressive conditional duration (ACD) model, called the ACD-ICV method. We compare the daily volatility estimated using the ACD-ICV method against several versions of the realized volatility (RV) method, including the bipower variation RV with subsampling, the realized kernel estimate, and the duration-based RV. Our Monte Carlo results show that the ACD-ICV method has lower root mean-squared error than the RV methods in almost all cases considered. This article has online supplementary material.
School Competition And Teacher Labor Markets: Evidence From Charter School Entry In North Carolina, 2012 Northwestern University
School Competition And Teacher Labor Markets: Evidence From Charter School Entry In North Carolina, Clement (Kirabo) Jackson
C. Kirabo Jackson
I analyze changes in teacher turnover, hiring, effectiveness, and salaries at traditional public schools after the opening of a nearby charter school. While I find small effects on turnover overall, difficult to staff schools (low-income, high-minority share) hired fewer new teachers and experienced small declines in teacher quality. I also find evidence of a demand side response where schools increased teacher compensation to better retain quality teachers. The results are robust across a variety of alternate specifications to account for non-random charter entry.
Selecting Measures Of Public Health Service Delivery: Results From A Delphi Survey For The Mprove Study, 2012 University of Kentucky
Selecting Measures Of Public Health Service Delivery: Results From A Delphi Survey For The Mprove Study, Glen Mays
Glen Mays
This database contains detailed, sortable results from the expert panel Delphi survey used to rate candidate measures of public health service delivery to be used in the Multi-Network Practice and Outcome Variation Examination Study (MPROVE), conducted by the Public Health Practice-Based Research Networks (PBRN) Program.
Selecting Measures Of Public Health Delivery: Results Of A Delphi Survey For The Mprove Study, 2012 University of Kentucky
Selecting Measures Of Public Health Delivery: Results Of A Delphi Survey For The Mprove Study, Glen Mays
Glen Mays
The Multi-Network Practice and Outcomes Variation Examination Study (MPROVE) supports six participating public health practice-based research networks (PBRNs) in selecting a common set of service delivery measures for use in analyzing geographic variation in delivery across local communities. This report presents results from an expert panel Delphi survey used to rate candidate measures on a set of selection criteria, in order to select the final set of measures for study.
Inventory Of Public Health Service Delivery Measures: The Mprove Study, 2012 University of Kentucky
Inventory Of Public Health Service Delivery Measures: The Mprove Study, Glen Mays
Glen Mays
This database contains a searchable inventory of measures of public health service delivery that have been recommended as candidates for use in the MPROVE study of geographic variation in local public health service delivery.
Demographic Transition In Resource Rich Countries: A Bonus Or A Curse?, 2012 SelectedWorks
Demographic Transition In Resource Rich Countries: A Bonus Or A Curse?, Kjetil Bjorvatn, Mohammad Reza Farzanegan
Prof. Dr. Mohammad Reza Farzanegan
While East Asia benefited significantly from its demographic transition in the 1970s and 1980s, the youth wave that we currently observe in the Middle East and North Africa (MENA) has not had a similar impact on economic development. The present study argues that resource wealth is an important reason for understanding why. We develop a simple model highlighting how the income effect of increased labor supply may depend on resource rents, and provide empirical evidence that support the theoretical predictions. Using panel data covering the period from 1970–2006 for more than 120 countries, we find a negative interaction effect between …
Why Clayton And Gumbel Copulas: A Symmetry-Based Explanation, 2012 The University of Texas at El Paso
Why Clayton And Gumbel Copulas: A Symmetry-Based Explanation, Vladik Kreinovich, Hung T. Nguyen, Songsak Sriboonchitta
Departmental Technical Reports (CS)
In econometrics, many distributions are non-Gaussian. To describe dependence between non-Gaussian variables, it is usually not sufficient to provide their correlation: it is desirable to also know the corresponding copula. There are many different families of copulas; which family shall we use? In many econometric applications, two families of copulas have been most efficient: the Clayton and the Gumbel copulas. In this paper, we provide a theoretical explanation for this empirical efficiency, by showing that these copulas naturally follow from reasonable symmetry assumptions. This symmetry justification also allows us to provide recommendations about which families of copulas we should use …
Rhode Island Current Conditions Index — September 2012, 2012 University of Rhode Island
Rhode Island Current Conditions Index — September 2012, Leonard Lardaro
The Rhode Island Current Conditions Index
No abstract provided.
Ma Thesis - Migration And Development: The Development Impacts Of Short-Term Labour Migration Of Ni-Vanuatu Workers To New Zealand, 2012 Queensland University of Technology
Ma Thesis - Migration And Development: The Development Impacts Of Short-Term Labour Migration Of Ni-Vanuatu Workers To New Zealand, Ronald R. Kumar
Dr Ronald R Kumar
The New Zealand’s Recognised Seasonal Employer (RSE) scheme is a New Zealand Government initiative that officially commenced in 2007. In this programme, five developing Pacific Island countries (PICs), namely Kiribati, Samoa, Solomon Islands, Tonga, and Vanuatu – referred to as the kick start countries, participated in short-term labour migration. The objectives of this Scheme are at least two fold. Firstly, the scheme was initiated to address seasonal labour shortage in New Zealand and second, to give employment opportunity to selected PICs. Since 2007, the RSE Scheme has undergone significant changes primarily addressing issues and concerns that emerged along the way. …
Reinventing The 21st Century Public Health Workforce: Innovation, Evaluation & Practice-Based Research, 2012 University of Kentucky
Reinventing The 21st Century Public Health Workforce: Innovation, Evaluation & Practice-Based Research, Glen P. Mays
Health Management and Policy Presentations
Compelling opportunities exist for incorporating practice-based research to into the design, implementation, and evaluation of public health workforce training and development programs. Public Health Training Centers (PHTCs) can collaborate with practice-based research networks (PBRNs) to discover and disseminate evidence-based strategies for workforce development.
Reinventing The 21st Century Public Health Workforce: Directions From Practice-Based Research, 2012 University of Kentucky
Reinventing The 21st Century Public Health Workforce: Directions From Practice-Based Research, Glen P. Mays
Glen Mays
Compelling opportunities exist for incorporating practice-based research to into the design, implementation, and evaluation of public health workforce training and development programs. Public Health Training Centers (PHTCs) can collaborate with practice-based research networks (PBRNs) to discover and disseminate evidence-based strategies for workforce development.
Weak-Form Market Efficiency And Calendar Anomalies For Eastern Europe Equity Markets, 2012 University of Greenwich
Weak-Form Market Efficiency And Calendar Anomalies For Eastern Europe Equity Markets, Francesco Guidi, Rakesh Gupta, Suneel Maheshwari
Suneel K. Maheshwari
No abstract provided.
Patterns Of Interaction In Public Health Pbrns: Insights From Network Analysis, 2012 University of Kentucky
Patterns Of Interaction In Public Health Pbrns: Insights From Network Analysis, Rachel Hogg, Glen P. Mays
Glen Mays
This report presents data from a network analysis survey conducted with public health practice-based research networks (PBRNs) to examine patterns of interaction among researchers and public health practitioners who participate in the networks. These data provide a baseline for tracking the types and frequencies of interaction that occur within networks, and reveal opportunities for promoting more productive patterns of engagement in applied public health research. Over time, these types of data can reveal how and under what circumstances PBRNs facilitate the production and application of research about public health services and delivery systems. The analysis includes data on more than …
Essays In Inflation And Monetary Dynamics In Developing Countries, 2012 University of Nebraska-Lincoln
Essays In Inflation And Monetary Dynamics In Developing Countries, Simon K. Harvey
College of Business: Dissertations, Theses, and Student Research
This dissertation is consists of three essays. In the first essay, I analyze how the information contained in the disaggregate components of aggregate inflation helps improve the forecasts of the aggregate series using inflation data from Ghana. Direct univariate forecasting of the aggregate inflation data by an autoregressive (AR) model is used as the benchmark with which all autoregressive (AR), moving average (MA) and vector autoregressive (VAR) models of the disaggregates are compared. The results show that directly forecasting the aggregate series from the benchmark model is generally superior to aggregating forecasts from the disaggregate components. Additionally, including information from …
Does The Equity Market Affect Economic Growth?, 2012 Macalester College
Does The Equity Market Affect Economic Growth?, Kwame D. Fynn
The Macalester Review
This paper examines the impact of the stock market primarily on economic growth using panel data from 1990-2010. I apply Generalized Least Squares techniques for fixed effects with the exclusion of the subgroup 2005-2010 which uses random effects. The effect of the stock market on growth is based on country-specific effects and varies in different time periods.
Rhode Island Current Conditions Index — August 2012, 2012 University of Rhode Island
Rhode Island Current Conditions Index — August 2012, Leonard Lardaro
The Rhode Island Current Conditions Index
No abstract provided.
Robust Deviance Information Criterion For Latent Variable Models, 2012 Renmin University of China
Robust Deviance Information Criterion For Latent Variable Models, Yong Li, Tao Zeng, Jun Yu
Research Collection School Of Economics
It is shown in this paper that the data augmentation technique undermines the theoretical underpinnings of the deviance information criterion (DIC), a widely used information criterion for Bayesian model comparison, although it facilitates parameter estimation for latent variable models via Markov chain Monte Carlo (MCMC) simulation. Data augmentation makes the likelihood function non-regular and hence invalidates the standard asymptotic arguments. A new information criterion, robust DIC (RDIC), is proposed for Bayesian comparison of latent variable models. RDIC is shown to be a good approximation to DIC without data augmentation. While the later quantity is difficult to compute, the expectation { …
Detecting Bubbles In Hong Kong Residential Property Market, 2012 Singapore Management University
Detecting Bubbles In Hong Kong Residential Property Market, Matthew S. Yiu, Jun Yu, Lu Jin
Research Collection School Of Economics
This study uses a newly developed bubble detection method (Phillips, Shi and Yu, 2011) to identify real estate bubbles in the Hong Kong residential property market. Our empirical results reveal several positive bubbles in the Hong Kong residential property market, including one in 1995, a stronger one in 1997, another one in 2004, and a more recent one in 2008. In addition, the method identifies two negative bubbles in the data, one in 2000 and the other one in 2001. These empirical results continue to be valid for the mass segment and the luxury segment. However, the method finds a …