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Full-Text Articles in Statistical Models

International Risk Sharing In Overlapping Generations Models, James Staveley-O'Carroll, Olena M. Staveley-O'Carroll Dec 2018

International Risk Sharing In Overlapping Generations Models, James Staveley-O'Carroll, Olena M. Staveley-O'Carroll

Economics Department Working Papers

We present a solution to the Backus-Smith puzzle that, instead of relying on extreme parameter values or complex modeling assumptions, simply switches the framework from infinitely lived agents to overlapping generations. Young agents face non-diversifiable wage risk that leads to a low degree of risk sharing within each country. Subsequently, international price movements are not sufficient to achieve the high consumption-real exchange rate correlation produced in standard infinitely lived agent DSGE models.


Nonlinearities In The Real Exchange Rates: New Evidence From Developed And Developing Countries, Yamin S. Ahmad, Ming Chien Lo, Olena M. Staveley-O'Carroll Oct 2018

Nonlinearities In The Real Exchange Rates: New Evidence From Developed And Developing Countries, Yamin S. Ahmad, Ming Chien Lo, Olena M. Staveley-O'Carroll

Economics Department Working Papers

This paper investigates nonlinearities in the dynamics of real exchange rates. We use Monte Carlo simulations to establish the size properties of the Teräsvirta-Anderson (1992) and the Teräsvirta (1994) test, when the dynamics of the real exchange rate is influenced by an exogenous process. In addition, we examine the modification proposed by Ahmad, Lo and Mykhaylova (2013; Journal of International Economics) to show that the modified nonlinearity test performs much better than the original in both Monte Carlo exercises and in the actual data on 1431 bilateral real exchange rate series. Finally, we investigate the dynamics of the real exchange …


Motivational Interviewing Treatment Integrity (Miti), Himal Adhikari Apr 2018

Motivational Interviewing Treatment Integrity (Miti), Himal Adhikari

Criminal Justice Data

This report summarizes interview data collected using MITI, by the Stearns County Community Corrections. The 42 interviews of corrections clients were held between 2015 and 2017. They were examined to determine the effectiveness of interviewing techniques using criteria established on the MITI form. Overall effectiveness measures are given, as well as correlations among some of the quantitative measurements.


Working Relationship Between Clients And Agents At Stearns County Community Corrections, Catherine Fontana Apr 2018

Working Relationship Between Clients And Agents At Stearns County Community Corrections, Catherine Fontana

Criminal Justice Data

Stearns County Community Corrections surveyed its Clients for a month on the Client-Agent working relationship. The responses were on a 7-point scale with 1 being the lowest and 7 the highest. For ease of analysis, the responses were divided into low (1-3), medium (4-5) and high (6-7). The results were analyzed by question, program, age, gender, race, supervision time, and individual Agent. All results are available in table and graph form in the appendix. Lastly, Stearns County Community Corrections was compared to Ramsey County Community Corrections. Given the data available, a different categorization was used with low (1-3), medium (4), …


Rock Paper Scissors And Evolutionary Game Theory, Christian Cordova, Rudolf Jovero, Evan Thomas Jan 2018

Rock Paper Scissors And Evolutionary Game Theory, Christian Cordova, Rudolf Jovero, Evan Thomas

Math 365 Class Projects

In Rock Paper Scissors (RPS), three different "species" compete, but no single species has a dominating strategy. In evolutionary game theory, replicator equations model population densities over time. When a mutation is introduced, they are called "replicator-mutator" equations. Using the replicator-mutator equation in [1] we have shown how population density of three species change.