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

Digital Commons Network™

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

Yale University

Discipline
Keyword
Publication Year
Publication
Publication Type
File Type

Articles 27541 - 27570 of 33870

Full-Text Articles in Entire DC Network

Popular Attitudes Towards Free Markets: The Soviet Union And The United States Compared, Robert J. Shiller, Maxim Boycko, Vladimir Korobov Aug 1990

Popular Attitudes Towards Free Markets: The Soviet Union And The United States Compared, Robert J. Shiller, Maxim Boycko, Vladimir Korobov

Cowles Foundation Discussion Papers

Random samples of the Moscow and New York populations were compared in their attitudes towards free markets by administering identical telephone interviews in the two countries in May, 1990. Although the Soviet respondents were somewhat less likely to accept exchange of money as a solution to personal problems, and their attitudes towards business were less warm, we found that the Soviet and American respondents were basically similar in most dimensions. Soviets showed no difference from Americans in their feelings that price increases may be unfair. There appears to be little difference between the Soviets and Americans in their concern with …

Go to article

International Diversification Of Social And Private Risk: The Us And Japan, Stephen S. Golub Aug 1990

International Diversification Of Social And Private Risk: The Us And Japan, Stephen S. Golub

Cowles Foundation Discussion Papers

This paper concerns the gains from international trade in risky assets, with an application to the United States and Japan. I examine the role of international financial markets in diversifying the risks associated with the aggregate consumption opportunities of a nation (social risk) and the risks related to individual agents’ consumption opportunities (private risk). The main empirical result is that international portfolio diversification between the United States and Japan leads to small reductions in social risk but large reductions in some private risks, especially for corporate profits.

Go to article

Fertility In Rural Sudan: The Effect Of Landholding And Child Mortality, Nour Eldin Maglad Jul 1990

Fertility In Rural Sudan: The Effect Of Landholding And Child Mortality, Nour Eldin Maglad

Discussion Papers

No abstract provided.

Go to article

Testing Covariance Stationarity Under Moment Condition Failure With An Application To Common Stock Returns, Peter C.B. Phillips, Mico Loretan Jul 1990

Testing Covariance Stationarity Under Moment Condition Failure With An Application To Common Stock Returns, Peter C.B. Phillips, Mico Loretan

Cowles Foundation Discussion Papers

This paper studies tests for covariance stationarity under conditions which permit failure in the existence of fourth order moments. The problem is important because many econometric diagnostics such as tests for parameter constancy, constant variance and ARCH and GARCH effects routinely rely on fourth moment conditions. Moreover, such tests have recently been extensively employed with financial and commodity market data, where fourth moment conditions may well be quite tenuous and are usually untested. This paper considers several tests for covariance stationarity including sample split prediction tests, cusum of squares tests and modified scaled range tests. When fourth moment conditions fail …

Go to article

Operational Algebra And Regression T-Tests, Peter C.B. Phillips Jul 1990

Operational Algebra And Regression T-Tests, Peter C.B. Phillips

Cowles Foundation Discussion Papers

Data reduction involves a physical transition from sample data to econometric estimator and test statistic. This transition induces a mapping on the probability law of the sample, whose image is the distribution of the statistic of interest. At a general level, the mapping can often be captured by means of an operational algebra. Some methods than employ nonlinear functions of differential operators are suggested which can perform this task. The methods are related to pseudodifferential operator techniques that are used in abstract mathematics to solve systems of partial differential equations. They also generalize the fractional calculus methods developed by the …

Go to article

A Shortcut To Lad Estimator Asymptotics, Peter C.B. Phillips Jul 1990

A Shortcut To Lad Estimator Asymptotics, Peter C.B. Phillips

Cowles Foundation Discussion Papers

Using generalized functions of random variables and generalized Taylor series expansions, we provide almost trivial demonstrations of the asymptotic theory for the LAD estimator in a regression model setting. The approach is justified by the smoothing that is delivered in the limit by the asymptotics, whereby the generalized functions are forced to appear as linear functionals wherein they become real valued. Models with fixed and random regressors, autoregressions and autoregressions with infinite variance errors are studied. Some new analytic results are obtained including an asymptotic expansion of the distribution of the LAD estimator and the results of some earlier simulation …

Go to article

To Criticize The Critics: An Objective Bayesian Analysis Of Stochastic Trends, Peter C.B. Phillips Jul 1990

To Criticize The Critics: An Objective Bayesian Analysis Of Stochastic Trends, Peter C.B. Phillips

Cowles Foundation Discussion Papers

In two recent articles, Sims (1988) and Sims and Uhlig (1988) question the value of much of the ongoing literature on unit roots and stochastic trends. They characterize the seeds of this literature as “sterile ideas,” the application of nonstationary limit theory as “wrongheaded and unenlightening” and the use of classical methods of inference as “unreasonable” and “logically unsound.” They advocate in place of classical methods an explicit Bayesian approach to inference that utilizes a flat prior on the autoregressive coefficient. DeJong and Whiteman adopt a related Bayesian approach in a group of papers (1989a,b,c) that seek to reevaluate the …

Go to article

Semiannual Report And Appearance By The Oversight Board Of The Resolution Trust Corporation: Hearing Before The Committee On Banking, Finance, And Urban Affairs, House Of Representatives, One Hundred First Congress, Second Session, June 14, 1990, U.S. Congress Jun 1990

Semiannual Report And Appearance By The Oversight Board Of The Resolution Trust Corporation: Hearing Before The Committee On Banking, Finance, And Urban Affairs, House Of Representatives, One Hundred First Congress, Second Session, June 14, 1990, U.S. Congress

Documents

No abstract provided.

Go to article

Returns To Women’S Education, T. Paul Schultz Jun 1990

Returns To Women’S Education, T. Paul Schultz

Discussion Papers

No abstract provided.

Go to article

The Generalized Basis Reduction Algorithm, Herbert E. Scarf, László Lovász Jun 1990

The Generalized Basis Reduction Algorithm, Herbert E. Scarf, László Lovász

Cowles Foundation Discussion Papers

Let F ( x ) be a convex function defined in R n , which is symmetric about the origin and homogeneous of degree 1, and let L be the lattice of integers Z n . A definition of a reduced basis, b 1 , …, b n , of the lattice with respect to the distance function F is presented, and we describe an algorithm which yields a reduced basis in polynomial time, for fixed n. In the special case in which the bodies { x : F ( x ) < t } are ellipsoids, the definition of a reduced basis is identical with that given by Lenstra, Lenstra and Lovasz (1982) and the algorithm is the well known basis reduction algorithm. We show that the basis vector b 1 , in a reduced basis, is an approximation to a shortest non-zero lattice point with respect to F and relate the basis vectors b i to Minkowski’s successive minima. The results lead to an algorithm for integer programming which executes in polynomial time for fixed n, but which avoids the ellipsoidal approximation required by Lenstra’s algorithm. We also discuss the properties of a Korkine-Zolotarev basis for the lattice.

Go to article

The Frobenius Problem And Maximal Lattice Free Bodies, Herbert E. Scarf, David F. Shallcross Jun 1990

The Frobenius Problem And Maximal Lattice Free Bodies, Herbert E. Scarf, David F. Shallcross

Cowles Foundation Discussion Papers

Let p = ( p 1 ,…, p n ) be a vector of positive integers whose greatest common divisor is unity. The Frobenius problem is to find the largest integer f * which cannot be written as a non-negative integral combination of the p i . In this note we relate the Frobenius problem to the topic of maximal lattice free bodies and describe an algorithm for n = 3.

Go to article

Yale Scientific Magazine: Volume 64, Number 4 Jun 1990

Yale Scientific Magazine: Volume 64, Number 4

Yale Scientific Magazine

No abstract provided.

Go to article

El Fondo De Garant­A De Depósitos Mantiene Activos Por 36.000 Millones De Pesetas, El Pais May 1990

El Fondo De Garant­A De Depósitos Mantiene Activos Por 36.000 Millones De Pesetas, El Pais

Documents

No abstract provided.

Go to article

Saint Raphael's 1989 Annual Report To The Community, Saint Raphael Healthcare System May 1990

Saint Raphael's 1989 Annual Report To The Community, Saint Raphael Healthcare System

Hospital of St. Raphael Annual Reports

No abstract provided.

Go to article

Prices, Infrastructure, Household Characteristics And Child Height, Duncan Thomas, John Strauss May 1990

Prices, Infrastructure, Household Characteristics And Child Height, Duncan Thomas, John Strauss

Discussion Papers

No abstract provided.

Go to article

Testing The Neoclassical Model Of Family Labor Supply And Fertility, T. Paul Schultz May 1990

Testing The Neoclassical Model Of Family Labor Supply And Fertility, T. Paul Schultz

Discussion Papers

No abstract provided.

Go to article

An Explicit Closed-Form Formula For Profit-Maximizing K-Out-Of-N Systems Subject To Two Kinds Of Failures, Raaj K. Sah May 1990

An Explicit Closed-Form Formula For Profit-Maximizing K-Out-Of-N Systems Subject To Two Kinds Of Failures, Raaj K. Sah

Discussion Papers

No abstract provided.

Go to article

The Regulation Of The Transferrin Receptor By Inducers Of Cellular Differentiation And By Antisense Phosphorothioate Oligodeoxynucleotides, Peter Tai-Ching Ho May 1990

The Regulation Of The Transferrin Receptor By Inducers Of Cellular Differentiation And By Antisense Phosphorothioate Oligodeoxynucleotides, Peter Tai-Ching Ho

Yale Medicine Thesis Digital Library

Modulation of surface transferrin receptor (TfR) activity has been associated with leukemia cell differentiation and proliferation. To examine the mechanisms involved in regulating this event, surface receptor protein and mRNA levels were measured in HL-60 promyelocytic leukemia cells induced to differentiate along the myelocytic and monocytic pathways. Surface TfR down-regulation which occurs during granulocytic differentiation by dimethylsulfoxide, retinoic acid, or aclacinomycin A appears to be kinetically compatible with reduced biosynthesis resulting from reductions in the level of steady-state mRNA. In contrast, biosynthetic modulation does not appear to mediate the intial surface receptor down-regulation seen during 12-O-tetradecanoylphorbol-13-acetate-induced macrophagic differentiation. However, a …

Go to article

Voting By Committees, Salvador Barberà, Hugo Sonnenschein, Lin Zhou May 1990

Voting By Committees, Salvador Barberà, Hugo Sonnenschein, Lin Zhou

Cowles Foundation Discussion Papers

Problems of social choice frequently take the following form. There are n voters and a set K = (1,2,…, k ) of objects. The voters must choose a subset of K . We define a class of voting schemes called voting by committees. The main result of the paper is a characterization of voting by committees, which is the class of all voting schemes that satisfy voter sovereignty and non-manipulability on the domain of separable preferences. This result is analogous to the literature on the Groves and Clarke scheme in that it characterizes all of the non-manipulable voting schemes on …

Go to article

Further Evidence On The Great Crash, The Oil Price Shock, And The Unit Root Hypothesis, Eric Zivot, Donald W.K. Andrews May 1990

Further Evidence On The Great Crash, The Oil Price Shock, And The Unit Root Hypothesis, Eric Zivot, Donald W.K. Andrews

Cowles Foundation Discussion Papers

Recently Perron (1989) has carried out tests of the unit root hypothesis against the alternative hypothesis of trend stationarity with a break in the trend occurring at the Great Crash of 1929 or at the 1973 oil price shock. His analysis covers the Nelson-Plosser macroeconomic data series as well as a post-war quarter real GNP series. His tests reject the unit root null hypothesis for most of the series. This paper takes issue with the assumption used by Perron that the Great Crash and the oil price shock can be treated as exogenous events. A variation of Perron’s test is …

Go to article

Financial Sector Study, World Bank/World Bank Group May 1990

Financial Sector Study, World Bank/World Bank Group

Documents

Report describing the FIDF's status prior to the Asian Financial Crisis.

Go to article

Serial No. 101-122. “Disposition Of Assets By The Rtc: Hearing Before The Subcommittee On Financial Institutions Supervision, Regulation, And Insurance", U.S. Congress May 1990

Serial No. 101-122. “Disposition Of Assets By The Rtc: Hearing Before The Subcommittee On Financial Institutions Supervision, Regulation, And Insurance", U.S. Congress

Documents

No abstract provided.

Go to article

Yale Nurse, Yale School Of Nursing May 1990

Yale Nurse, Yale School Of Nursing

Yale School of Nursing Alumni Newsletters and Magazines

No abstract provided.

Go to article

The Reserve Requirement As A Monetary Instrument In The Seacen Countries, Tumnong Dasri May 1990

The Reserve Requirement As A Monetary Instrument In The Seacen Countries, Tumnong Dasri

Documents

No abstract provided.

Go to article

The Quality Of Managers In Centralized Versus Decentralized Organizations, Raaj K. Sah, Joseph E. Stiglitz Apr 1990

The Quality Of Managers In Centralized Versus Decentralized Organizations, Raaj K. Sah, Joseph E. Stiglitz

Discussion Papers

No abstract provided.

Go to article

Reflections On The Fiscal Implications Of A Common Currency, Willem H. Buiter, Kenneth M. Kletzer Apr 1990

Reflections On The Fiscal Implications Of A Common Currency, Willem H. Buiter, Kenneth M. Kletzer

Discussion Papers

No abstract provided.

Go to article

Tests For Parameter Instability And Structural Change With Unknown Change Point, Donald W.K. Andrews Apr 1990

Tests For Parameter Instability And Structural Change With Unknown Change Point, Donald W.K. Andrews

Cowles Foundation Discussion Papers

This paper considers tests of parameter instability and structural change with unknown change point. The results apply to a wide class of parametric models including models that satisfy maximum likelihood type regularity conditions and models that are suitable for estimation by generalized method of moments procedures. The paper considers likelihood ratio and likelihood ratio like tests, as well as asymptotically equivalent Wald and Lagrange multiplier tests. Each test implicitly uses an estimate of change point. Tests of both “pure” and “partial” structural change are discussed.

Go to article

Building On The Past… Building For The Future Yale-New Haven Hospital 1989 Annual Report, Yale-New Haven Hospital Apr 1990

Building On The Past… Building For The Future Yale-New Haven Hospital 1989 Annual Report, Yale-New Haven Hospital

Yale New Haven Hospital Annual Reports

For the Year 1989. Year ending September 30, 1989.

Go to article

Nota Bene; Volume Iv, Number Ii, Yale University Library Apr 1990

Nota Bene; Volume Iv, Number Ii, Yale University Library

Nota Bene

Nota Bene is published during the academic year to acquaint the Yale community and others with the resources of the Yale Library.

Go to article

The Shape Of The Calorie-Expenditure Curve, John Strauss, Duncan Thomas Mar 1990

The Shape Of The Calorie-Expenditure Curve, John Strauss, Duncan Thomas

Discussion Papers

No abstract provided.

Go to article

First Prev Next Last