Limit Theory For Moderate Deviation From Integrated Garch Processes,
2019
Singapore Management University
Limit Theory For Moderate Deviation From Integrated Garch Processes, Yubo Tao
Research Collection School Of Economics
This paper develops the limit theory of the GARCH(1,1) process that moderately deviates from IGARCH process towards both stationary and explosive regimes. The asymptotic theory extends Berkes et al. (2005) by allowing the parameters to have a slower rate of convergence. The results can be applied to unit root test for processes with mildly-integrated GARCH innovations (e.g. Boswijk (2001), Cavaliere and Taylor (2007, 2009)) and deriving limit theory of estimators for models involving mildly-integrated GARCH processes (e.g. Jensen and Rahbek (2004), Francq and Zakoïan (2012, 2013).
Random Mechanism Design On Multidimensional Domains,
2019
Singapore Management University
Random Mechanism Design On Multidimensional Domains, Shurojit Chatterji, Huaxia Zeng
Research Collection School Of Economics
We study random mechanism design in an environment where the set of alternatives has a Cartesian product structure. We first show that all generalized random dictatorships are strategy-proof on a minimally rich domain if and only if the domain is a top-separable domain. We next generalize the notion of connectedness (Monjardet, 2009) to establish a particular class of top-separable domains: connected domains, and show that in the class of minimally rich and connected domains, the multidimensional single-peakedness restriction is necessary and sufficient for the design of a flexible random social choice function that is unanimous and strategy-proof. Such a flexible …
The Effect Of Social Information In The Dictator Game With A Taking Option,
2019
Middlesex University
The Effect Of Social Information In The Dictator Game With A Taking Option, Tanya O'Garra, Valerio Capraro, Praveen Kujal
ESI Working Papers
We experimentally study how redistribution choices are affected by positive and negative information regarding the behaviour of a previous participant in a dictator game with a taking option. We use the strategy method to identify behavioural ‘types’, and thus distinguish ‘conformists’ from ‘counter-conformists’, and unconditional choosers. Unconditional choosers make up the greatest proportion of types (about 80%) while only about 20% of subjects condition their responses to social information. We find that both conformity and counter-conformity are driven by a desire to be seen as moral (the ‘symbolization’ dimension of moral identity). The main difference is that, conformity is also …
Cournot Marked The Turn From Classical To Neoclassical Thinking,
2019
Chapman University
Cournot Marked The Turn From Classical To Neoclassical Thinking, Vernon L. Smith, Sabiou M. Inoua
ESI Working Papers
For classical economists, markets served the highest value buyers without anyone in the market needing to know that it was possible to write aggregate buyer reservation prices in the form, D = F (p). Cournot, thereby launched neoclassical economics as modelling and thinking of economic action in terms of their outcome effects, rather than their roots in human experience.
Classical Economics: Lost And Found,
2019
Chapman University
Classical Economics: Lost And Found, Sabiou M. Inoua, Vernon Smith
ESI Working Papers
"We argue that neoclassical value theory suffers from a more basic and serious logical indeterminacy, which is inherent in the axiom of price-taking behavior, and which renders price dynamics indeterminate before inquiring as to its stability. If everyone in the economy takes price as given, whence come these prices? Who is giving these prices? Jevons avoided the indeterminacy by assuming that people must have complete information on supply and demand, and the consequent equilibrium prices—‘perfect competition.’ Walras in effect imported an external agent who found the prices by trial-and-error-correction (the Walrasian Auctioneer). Paradoxically, both approaches had the potential better to …
Analisa Produk Asuransi Minyak Dan Gas Bumi Dalam Kegiatan Oprasional Usaha Hulu Offshore Pertamina,
2019
Administrasi Asuransi dan Aktuaria, Program Vokasi Universitas Indonesia
Analisa Produk Asuransi Minyak Dan Gas Bumi Dalam Kegiatan Oprasional Usaha Hulu Offshore Pertamina, Kuncoro Haryo Pribadi, Annisa Pratiwi
Jurnal Administrasi Bisnis Terapan
Indonesia as a country that has a lot of natural wealth and natural beauty is famous to reach all corners of the world. Many mining goods owned by the Indonesian nation include: petroleum, gold, silver, nickel, manganese, wood and so on as well as the largest natural gas owned by Indonesia in the world. Thus, we must also be able to make use of the riches wisely and be used as well as possible to be used for the prosperity of the people. The government made various regulations to open mining, process mining products and obtain mining products and channel …
Analisis Faktor-Faktor Pada Pelayanan Tempat Usaha Ritel Indomaret Di Kelurahan Kukusan Depok,
2019
Administrasi Perkantoran , Program Pendidikan Vokasi Universitas Indonesia
Analisis Faktor-Faktor Pada Pelayanan Tempat Usaha Ritel Indomaret Di Kelurahan Kukusan Depok, Mohammad Ridha, Winda Rohmatul Mardiananingrum
Jurnal Administrasi Bisnis Terapan
Retail industry in Indonesia in recent years experiencing sluggishness due to the rapid growth of online business. Already seen some department stores like Matahari and Lotus has closed its outlets. While this is detected a significant decrease is the fashion retail garment business, and began to affect other sectors such as electronics and furniture. The onslaught of entrepreneurs can also threaten the conventional retail industry in food and household needs such as hypermarkets, supermarkets and convenience stores. The online entrepreneurs have started selling food through social media such as instagram and facebook. The strength of conventional retail business is the …
Key Factors In Implementing Knowledge Management System Based On Project Management (Case Study Pusilkom Ui),
2019
Public Administration Department, Faculty of Administrative Science, Universitas Indonesia
Key Factors In Implementing Knowledge Management System Based On Project Management (Case Study Pusilkom Ui), Fikri Akbarsyah Anza
Jurnal Administrasi Bisnis Terapan
Digital transformation in every public sector (E-government) already happened this past year. Though, from many IT Projects that previously ran, in average only 15% projects that can be said succeed. Many projects that failed caused by bad strategic and planning, bad management of human resources, lack of technological preparation, lousy implementation without proper preparation and proper acceptance testing. IT Projects are very costly, so we need to handle those problems with appropriate project management. One of the best ways to realize appropriate project management is using a project management system that can utilize proper knowledge management as well. Using post-positivism …
Perhitungan Biaya Satuan Metode Tradisional, Metode Activity Based Costin Studi Kasus : Klinik Hemodialisa Depok,
2019
Program Studi Administrasi Rumah Sakit, Program Pendidikan Vokasi, Universitas Indonesia, Depok- Jawa Barat.
Perhitungan Biaya Satuan Metode Tradisional, Metode Activity Based Costin Studi Kasus : Klinik Hemodialisa Depok, Supriadi Supriadi
Jurnal Administrasi Bisnis Terapan
The purpose of the study is to compare the unit cost calculation method between the Activity Based Costing (ABC) method and the Traditional method. The object used is Hemodialysis (HD) service in a Hemodialysis Clinic in Depok, West Java. This research is a descriptive study, where the data used is secondary data from financial and non-financial records during January 2018 to December 2018 from the HD Clinic. This data is processed to determine the HD service unit costs using 2 methods namely the ABC and Traditional methods. The results of unit cost calculations using 2 methods do not make a …
Analisis Kesiapan Pengimplementasian Ifrs 17 Pada Perusahaan Perasuransian Di Indonesia,
2019
Administrasi Asuransi dan Aktuaria, Program Pendidikan Vokasi Universitas Indonesia
Analisis Kesiapan Pengimplementasian Ifrs 17 Pada Perusahaan Perasuransian Di Indonesia, Calista Riva Muskitta, Karin Amelia Safitri
Jurnal Administrasi Bisnis Terapan
After a few years, precisely in 2017 the IASB issued IFRS 17 which was the new standard for insurance contracts. This standard improves the shortcomings contained in IFRS 4. The IASB sets limits on the application of IFRS 17 in 2021 with early adoption allowed. This study discusses the readiness analysis of insurance companies in Indonesia applying and adopting IFRS 17 and reviewing the comparison of financial statement calculations using IFRS 4 and IFRS 17. The methodology used in this study, namely the Research Methodology Library Study. Based on the results of the study it can be concluded that if …
Mekanisme Pengkreditan Pajak Pertambahan Nilai Atas Faktur Pajak Masukan Manual,
2019
Administrasi Perpajakan, Program Vokasi Universitas Indonesia
Mekanisme Pengkreditan Pajak Pertambahan Nilai Atas Faktur Pajak Masukan Manual, Hadining Kusumastuti, Era Novia Putri
Jurnal Administrasi Bisnis Terapan
This research aims to discusses the mechanism of crediting of Input Tax on Manual Tax Invoice by Taxable Enterprise who have used e-Faktur according to Fiskus and response from PT XYZ on SP2DK issued by Fiskus and Crediting Input Tax system according to the prevailing taxation regulation. The results of the analysis can be concluded that according to Fiskus on Manual Tax Invoice cannot be Tax Credit on e-Faktur, while PT XYZ has responded that the transaction opponents has not yet required to issued Electronic Tax Invoice and according to the prevailing taxation regulation, as long as the Tax Invoice …
Analisis Tingkat Kesadaran Mahasiswa Terhadap Pentingnya Sertifikasi Profesi,
2019
Program Studi Administrasi Perkantoran dan Sekretari Program Pendidikan Vokasi Universitas Indonesia
Analisis Tingkat Kesadaran Mahasiswa Terhadap Pentingnya Sertifikasi Profesi, Mila Viendyasari, Wahyu Nofiantoro
Jurnal Administrasi Bisnis Terapan
The long-term goal of this research is to be useful for stakeholders at the University of Indonesia and assist The University of Indonesia Professional Certification Intitute. The first target is specifically for the research to be an input for Certification Bofies and University of Indonesian lecturers to always improve socialization regarding the importance of Professional Certification. Secondly, so that students are more aware of the importance of professional certification. This study used descriptive analysis method which aims to provide an overview of an object of research under study through collected samples or data and make generally accepted conclution. The sample …
Perhitungan Cadangan Premi Asuransi Jiwa Dengan Metode Gross Premium Valuation (Gpv),
2019
Administrasi Asuransi dan Aktuaria, Program Pendidikan Vokasi Universitas Indonesia
Perhitungan Cadangan Premi Asuransi Jiwa Dengan Metode Gross Premium Valuation (Gpv), Yulial Hikmah, Halimah Hakeem Khuzaimah
Jurnal Administrasi Bisnis Terapan
Life and general insurance companies must meet the financial health level requirements contained in the Financial Services Authority Regulation Number 71 of 2016, namely sovability, technical reserves, investment adequacy, equity, guarantee funds, and other provisions relating to financial health. The Gross Premium Evaluation (GPV) method is one way to calculate premium reserves. The purpose of this study is to provide information on the mechanism of calculating life insurance premiums using the Gross Premium Valuation (GPV) method using the Indonesian Mortality Table and Corporate Modified Mortality Table. From these results, it is found that the more ideal premium reserves are premium …
Investing In Education: Impact Of Student Financial Stress On Self-Reported Health,
2019
Kansas State University
Investing In Education: Impact Of Student Financial Stress On Self-Reported Health, Stephen Poplaski, Randy Kemnitz, Cliff A. Robb
Journal of Student Financial Aid
Through the lens of Human Capital theory, the role of financial aid (both amount and type) is explored in the context of student financial stress, and ultimately general student health. Data are taken from a sample of 232 students from a major Midwestern university who were surveyed about their financial attitudes, behavior and knowledge. The presence and amount of federal loans was associated with self-reported financial stress, and the validated stress measure was further associated with students’ self-reported health. A number of personal life events (i.e. job loss) were also associated with higher stress levels. Implications are discussed.
Working Paper No. 16, Had We Paid Attention To Keynes?,
2019
Portland State University
Working Paper No. 16, Had We Paid Attention To Keynes?, Saidhbhe Quigley
Working Papers in Economics
This inquiry seeks to establish that a host of problems could have been averted had we paid attention to Keynes. In the view of Keynes (2013, pp. 23-28), the Versailles Treaty was unnecessarily punitive towards Germany. He explains that the terms negotiated during the Paris Peace Conference were at odds with the agreement that took place during the Armistice when both sides decided to lay down their weapons and end fruitless battling. Consequently, following the Wall Street Crash of 1929, Germany registered as one of the most nations most tragically affected by the Great Depression. This is partially because of …
Working Paper No. 17, William Petty And Political Economy,
2019
Portland State University
Working Paper No. 17, William Petty And Political Economy, Clarissa Allen
Working Papers in Economics
This inquiry seeks to establish that during the first part of the 1600s, William Petty generated original contributions to political economy. Subsequent to the Irish rebellion and in the wake of the English occupation of Ireland, Petty led a team of surveyors for measuring out areas of Ireland. The survey that he led mapped selected territories and detailed numerous characteristics, thus employing an early, rudimentary, but highly insightful census method. Petty sought to describe his world objectively and quantitatively through the use of numbers, weights, and measures – rather than subjectively. Petty developed a method of calculation still famously known …
Working Paper No. 21, The Union Of Democracy And Socialism: Towards An Intellectual Biography Of Karl Kautsky,
2019
Portland State University
Working Paper No. 21, The Union Of Democracy And Socialism: Towards An Intellectual Biography Of Karl Kautsky, Leo Kendall
Working Papers in Economics
This inquiry seeks to establish that Karl Kautsky’s vision of social democracy considered and incorporated the best of his day’s socialist theory, leading to the creation of a powerful formula that has also proved enduring, leading towards the achievement of socialist goals. Karl Kautsky was influenced by his work with Karl Marx, Eduard Bernstein and Friedrich Engels. During his time with these noted thinkers he created a unique form of socialism that today is termed ‘social democracy’. Kautsky advanced the view that socialism could better survive when it integrated democracy. Socialism cannot have a period of dictatorship for implementation, but …
Working Paper No. 24, Economic Thought During Japan’S Meiji Era,
2019
Portland State University
Working Paper No. 24, Economic Thought During Japan’S Meiji Era, Karson M. Pence
Working Papers in Economics
This inquiry seeks to establish that it was Fukuzawa Yukichi who played a key roled in developing ideas that assisted the modernization of Japan, leading up to and especially after the Meiji Reformation of 1868. In An Outline of a Theory of Civilization [1875], Fukuzawa advances a clear understanding that Japan should make the shift from a producer nation to a manufacturer nation, and without having to bear the costs of importing vast sums of foreign capital. Under suspicion that the 250 year rule of the Bakufu left the Japanese economy stagnant and weak, Fukuzawa asserted that the only means …
Working Paper No. 26, Basic Tenets Of The Austrian School Of Economics,
2019
Portland State University
Working Paper No. 26, Basic Tenets Of The Austrian School Of Economics, Vladislav Yurlov
Working Papers in Economics
The Austrian school of economic thought has offered many ideas throughout its more than century old history. Beginning with Carl Menger’s Principles of Economics, the focus of this school dealt with individuals acting in a society for the benefit of everyone. With liberalism at their core, thinkers such as Friedrich von Wieser, Ludwig von Mises, and Friedrich Hayek saw economics as a practical approach to living. This inquiry seeks to establish that the Austrian school of economics advanced basic tenets. Building off of, and often creating their own ideas, Austrian economists gave rise to the principles of marginalism, significance …
Working Paper No. 34, Rosa Luxemburg And Joan Robinson On The Accumulation Of Capital,
2019
Portland State University
Working Paper No. 34, Rosa Luxemburg And Joan Robinson On The Accumulation Of Capital, Brian Vistica
Working Papers in Economics
This inquiry seeks to establish that both Rosa Luxemburg and Joan Robinson advanced ideas on the accumulation of capital. Related to their social status in their respective eras, each proposed their distinct ideas on the expansion of production and the accumulation of capital. Both scholars bring into consideration the alarming ways that a seemingly ceaseless expansion in turn calls for an expansion of a marketplace for generating sufficient levels of demand for output. These two authors offer historical examples drawn from around the globe, ranging from the commodification of land on the Indian subcontinent to the Opium Wars in China, …
