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Econometrics Commons

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2006

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Articles 61 - 64 of 64

Full-Text Articles in Econometrics

Modeling The Firm-Size Distribution Using Box-Cox Heteroscedastic Regression, Zhenlin Yang, Yiu Kuen Tse Jan 2006

Modeling The Firm-Size Distribution Using Box-Cox Heteroscedastic Regression, Zhenlin Yang, Yiu Kuen Tse

Research Collection School Of Economics

Using the Box-Cox regression model with heteroscedasticity (BCHR), we re-examine the size distribution of the Portuguese manufacturing firms studied by Machado and Mata () using the Box-Cox quantile regression (BCQR) method. We show that the BCHR model compares favourably against the BCQR method. In particular, the BCHR model can answer the key questions addressed by the BCQR method, with the advantage that the estimated quantile functions are monotonic. Furthermore, estimation of the BCHR model is straightforward and the confidence intervals of the BCHR regression quantiles are easy to compute.


An Empirical Examination Of Ipo Underpricing In The Chinese A-Share Market, Ting Yu, Yiu Kuen Tse Jan 2006

An Empirical Examination Of Ipo Underpricing In The Chinese A-Share Market, Ting Yu, Yiu Kuen Tse

Research Collection School Of Economics

Research in the literature shows that initial public offerings (IPOs) of common stocks are systematically priced at a discount to their subsequent initial trading price. The large underpricing magnitude in the Chinese IPO market has attracted much attention. We consider three hypotheses that may explain the IPO underpricing in China. These are the winner's curse hypothesis, the ex ante uncertainty hypothesis and the signaling hypothesis. Among these hypotheses, the winner's curse hypothesis has not been tested in the Chinese market. Using IPO data for online fixed-price offerings from November 1995 to December 1998, our results show that the winner's curse …


Retirements Rate + Gross Stock, Anwar Shaikh Phd Jan 2006

Retirements Rate + Gross Stock, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A. (n.d.). Retirements rate and gross stock [Handwritten notes]. Unpublished manuscript.

• Shaikh, A. (2006, August 1). The measurement of capital [Draft manuscript excerpt with handwritten annotations]. Unpublished manuscript.

• Shaikh, A. (2006, September 8). Price indices and capital measurement [Handwritten notes]. Unpublished manuscript.

• Shaikh, A. (2006, August 30). The measurement of capital: Measuring capital in current prices [Draft manuscript]. Unpublished manuscript.

• Shaikh, A., & Powers, S. (2006, July). Capital discards article [Email correspondence]. Unpublished manuscript.

• Shaikh, A. (2006, October 23). The measurement of capital: Service lives and PIM capital stock estimates …


Loose Notes On Inflation, Anwar Shaikh Phd Jan 2006

Loose Notes On Inflation, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

  • Shaikh, A. (2005, December 9). Classical and Keynesian theories of firm output [Unpublished manuscript]. Department of Economics, New School for Social Research.
  • Shaikh, A. (2005, April 27). Inflation theory with classical growth [Unpublished manuscript]. Department of Economics, New School for Social Research.
  • Shaikh, A. (2006, February 9). IFS annual banking stats US: Data documentation and definitions [Technical documentation]. Department of Economics, New School for Social Research.
  • Shaikh, A. (2001, August 31). Inflation dynamics and the thruput ratio [Unpublished manuscript]. Department of Economics, New School for Social Research.
  • Shaikh, A. (1996, March 5). Inflation, excess demand and new …