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Articles 901 - 903 of 903
Full-Text Articles in Economics
Semiparametric Cointegrating Rank Selection, Xu Cheng, Peter C. B. Phillips
Semiparametric Cointegrating Rank Selection, Xu Cheng, Peter C. B. Phillips
Research Collection School Of Economics
Some convenient limit properties of usual information criteria are given for cointegrating rank selection. Allowing for a non-parametric short memory component and using a reduced rank regression with only a single lag, standard information criteria are shown to be weakly consistent in the choice of cointegrating rank provided the penalty coefficient C(n) -> infinity and C(n)/n -> 0 as n -> 8. The limit distribution of the AIC criterion, which is inconsistent, is also obtained. The analysis provides a general limit theory for semiparametric reduced rank regression under weakly dependent errors. The method does not require the specification of a …
Spontaneous Order, Symbolic Interaction And The Somewhat-Less-Hidden Hand, Roger A. Lohmann
Spontaneous Order, Symbolic Interaction And The Somewhat-Less-Hidden Hand, Roger A. Lohmann
Faculty & Staff Scholarship
No abstract provided.
The Evolution Of Campaign Finance And Its Reform: An Expoloration And Economic Analysis, Meghan Milloy
The Evolution Of Campaign Finance And Its Reform: An Expoloration And Economic Analysis, Meghan Milloy
Honors Theses
From the blunders of Theodore Roosevelt that initiated much of the debate on campaign finance reform to Bill Bradley's ideas on voting reform as a means to reform campaign finance, this is a topic that has inspired much debate and controversy. My hope is that throughout the following pages, through the history, opinions, and empirical evidence, the reader may formulate his or her own opinions on the good, evil, and necessity — or lack thereof — of reforming the system. History teaches where we have gone wrong. Econometric evidence tells us where we should go next. And opinions for future …