physica mai 2012 (20 resultados)

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Over the last three decades much research in empirical and theoretical economics has been carried on under various assumptions. For example a parametric functional form of the regression model, the heteroskedasticity, and the autocorrelation is always as sumed, usually linear. Also, the errors are assumed to follow certain parametric distri butions, often normal. A disadvantage of parametric econometrics based on these assumptions is that it may not be robust to the slight data inconsistency with the particular parametric specification. Indeed any misspecification in the functional form may lead to erroneous conclusions. In view of these problems, recently there has been significant interest in 'the semiparametric/nonparametric approaches to econometrics. The semiparametric approach considers econometric models where one component has a parametric and the other, which is unknown, a nonparametric specification (Manski 1984 and Horowitz and Neumann 1987, among others). The purely non parametric approach, on the other hand, does not specify any component of the model a priori. The main ingredient of this approach is the data based estimation of the unknown joint density due to Rosenblatt (1956). Since then, especially in the last decade, a vast amount of literature has appeared on nonparametric estimation in statistics journals. However, this literature is mostly highly technical and this may partly be the reason why very little is known about it in econometrics, although see Bierens (1987) and Ullah (1988). 184 pp. Englisch.

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Over the last 20 years, applied general equilibrium (AGE) modelling has developed from a small academic research program into a routinely used policy assessment tool. Major governments and international agencies maintain AGE research groups, and call for their input to a variety of trade, tax, and other resource allocation issues. This book is a collection of papers representative of recent activity in this field. Contributions have been grouped into a methodological section, a trade section, and a section on energy issues, and this division accurately indicates the focus of the volume. Readers will thus have access to up to date techniques and results currently being used by researchers at the forefront of the research program. 164 pp. Englisch.

Taschenbuch. Condición: Neu. This item is printed on demand - Print on Demand Titel. Neuware -Over the last three decades much research in empirical and theoretical economics has been carried on under various assumptions. For example a parametric functional form of the regression model, the heteroskedasticity, and the autocorrelation is always as sumed, usually linear. Also, the errors are assumed to follow certain parametric distri butions, often normal. A disadvantage of parametric econometrics based on these assumptions is that it may not be robust to the slight data inconsistency with the particular parametric specification. Indeed any misspecification in the functional form may lead to erroneous conclusions. In view of these problems, recently there has been significant interest in 'the semiparametric/nonparametric approaches to econometrics. The semiparametric approach considers econometric models where one component has a parametric and the other, which is unknown, a nonparametric specification (Manski 1984 and Horowitz and Neumann 1987, among others). The purely non parametric approach, on the other hand, does not specify any component of the model a priori. The main ingredient of this approach is the data based estimation of the unknown joint density due to Rosenblatt (1956). Since then, especially in the last decade, a vast amount of literature has appeared on nonparametric estimation in statistics journals. However, this literature is mostly highly technical and this may partly be the reason why very little is known about it in econometrics, although see Bierens (1987) and Ullah (1988).Physica Verlag, Tiergartenstr. 17, 69121 Heidelberg 184 pp. Englisch.

Taschenbuch. Condición: Neu. This item is printed on demand - Print on Demand Titel. Neuware -Over the last 20 years, applied general equilibrium (AGE) modelling has developed from a small academic research program into a routinely used policy assessment tool. Major governments and international agencies maintain AGE research groups, and call for their input to a variety of trade, tax, and other resource allocation issues. This book is a collection of papers representative of recent activity in this field. Contributions have been grouped into a methodological section, a trade section, and a section on energy issues, and this division accurately indicates the focus of the volume. Readers will thus have access to up to date techniques and results currently being used by researchers at the forefront of the research program.Physica Verlag, Tiergartenstr. 17, 69121 Heidelberg 164 pp. Englisch.

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -A number of advances have taken place in panel data analysisduring the pastthree decades and it continues to be one ofthe most active areas of research. This volume contains 13significant contributions focusing on modelling strategies,data issues, theoretical analysis and applications. Appliedeconometrics papers on the economics of labor, health,telecommunications, finance and macroeconomics are providedas well as a survey of recent theoretical developments inpanal data analysis. Contributors include both well knownscholars and younger researchers from Australia, Canada,Europe and the United States of America. 236 pp. Englisch.

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Modern Europe has rural roots. Even today, as much as 90 per cent of Europe (EU25) consists of rural areas in which half of the population lives. While different rural areas often face different challenges, the shift from agricultural production towards a multifunctional landscape and the increasing value assigned to environmental values affect all rural areas.The ambition to develop a more diversified rural economy, as well as the bottom-up approach and local focus of many rural policies, require a clear knowledge of the current socio-economic function of towns and town-hinterland linkages. Therefore, the aim of this study is to contribute to the understanding of the current function of towns in Europe in general and in the Netherlands more specifically. By using both micro- and macro-approaches, the multifaceted relationships between town-hinterland and the rural economy are explored at different spatial levels and for different actors, in particular for households, farms and firms. 196 pp. Englisch.

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Digital strings are not visible, but affect all economic segments. This book studies the phenomenon of digitalization with the instruments of economics in order to explore the interdependencies between digitalization, economic policy, and macroeconomic variables of open economies. Digitalization is separated into the three components networks, IT services, and digital goods which are then incorporated into macroeconomic models of trade theory in open economies. This approach allows to formally describe the cross-effects between digitalization and macroeconomic variables of a country. Specifically, it is used to analyze interdependencies between macroeconomic variables and networks, IT services, and digital goods, and to determine the challenges of digitalization for economic policy and regulation. 280 pp. Englisch.

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -The unfolding tragedy of the AIDS epidemic is an instance where a disease with local origins has created consequences worldwide. Todd Sandler (2001a) Health concerns are rmly embedded in the developing world. Conditions of poverty like inadequate health infrastructures and sanitation, limited access to treatment of diseases etc. have increased the susceptibility to diseases. However, there is an increasing awareness that health problems of the poor cross national borders and, hence, affect the well-being of people globally. Of all the health crises originating from the developing world the HIV/AIDS epidemic does not only seem to be the largest humanitarian concern but also possesses major economic, de- graphical and social consequences. AIDS could cause even bigger consequences in the future if the spread of HIV is not stopped. The international community has recognised this necessity by determining the 1 ght against AIDS as one of the eight Millennium Development Goals (MDGs ). 168 pp. Englisch.

Buch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Die Dissertation präsentiert einen marktkonsistenten Valuation Framework zur Bewertung von eingebetteten Optionen und Garantien in Lebensversicherungsverträgen. Dieser wird als Grundlage für eine ausführliche empirische Studie verwendet, die sowohl quantitative als auch qualitative Aussagen über ausgewählte eingebettete Optionen zulässt. 196 pp. Englisch.

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Emerging markets have received a particular attention of academic researchers and practitioners since they decided to open their domestic capital markets to foreign participants about three decades ago. At the same time, we remark that theoretical and empirical research in emerging stock markets has been particularly challenged by their fast changes in nature and size under the effects of financial liberalization and reforms. This evolving feature has particularly led to a commensurate increase in sophistication of modeling techniques used for understanding financial markets.In this spirit, the book aims at providing the audience a comprehensive understanding of emerging stock markets in various aspects using modern financial econometric methods. It addresses the empirical techniques needed by economic agents to analyze the dynamics of these markets and illustrates how they can be applied to the actual data. On the other hand, it presents and discusses new research findings and their implications. 224 pp. Englisch.

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -In a world of increasing financial uncertainty and growing unemployment, the macroeconomic contribution of SMEs is more important than ever. Development of a vibrant, sustainable small firm sector is dependent on sufficient resourcing of SMEs, particularly adequate capitalisation. This book provides a timely examination of SME financing and determinants of capital structure. A special feature of this book is the novel methodological approach adopted, providing an innovative perspective on SME financing. Analysis of stated financing preferences and objectives of SME owners is combined with results of statistical analysis of firm characteristics in exploring holistic explanations for observed capital structures. The uniqueness of this approach is in the contribution of data on financing preferences to supplement and contextualise results of bivariate and multivariate statistical tests. This methodology extends the SME literature, and is of interest to academics, researchers, practitioners and policy makers. 232 pp. Englisch.

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Floro Ernesto Caroleo and Francesco Pastore This book was conceived to collect selected essays presented at the session on 'The Labour Market Impact of the European Union Enlargements. A New Regional Geography of Europe ' of the XXII Conference of the Italian Association of Labour Economics (AIEL). The session aimed to stimulate the debate on the continuity/ fracture of regional patterns of development and employment in old and new European Union (EU) regions. In particular, we asked whether, and how different, the causes of emergence and the evolution of regional imbalances in the new EU members of Central and Eastern Europe (CEE) are compared to those in the old EU members. Several contributions in this book suggest that a factor common to all backward regions, often neglected in the literature, is to be found in their higher than average degree of structural change or, more precisely, in the hardship they expe- ence in coping with the process of structural change typical of all advanced economies. In the new EU members of CEE, structural change is still a consequence of the continuing process of transition from central planning to a market economy, but also of what Fabrizio et al. (2009) call the 'second transition', namely that related to the run-up to and entry in the EU. 356 pp. Englisch.

Buch. Condición: Neu. This item is printed on demand - Print on Demand Titel. Neuware -This book presents a market-consistent valuation framework for implicit embedded options in life insurance contracts. This framework is used to perform an empirical analysis based on more than 110,000 actual and in-force life insurance policies and with a focus on the modeling of interest rates. Its results are the answer to the central question posed in the objectives:What value do the embedded options and guarantees considered have This question is answered both absolutely and relative to the current policy reserves, from the perspective of the insurer, the policyholder and the shareholder respectivelyPhysica Verlag, Tiergartenstr. 17, 69121 Heidelberg 196 pp. Englisch.

Taschenbuch. Condición: Neu. This item is printed on demand - Print on Demand Titel. Neuware -A number of advances have taken place in panel data analysisduring the pastthree decades and it continues to be one ofthe most active areas of research. This volume contains 13significant contributions focusing on modelling strategiesdata issues, theoretical analysis and applications. Appliedeconometrics papers on the economics of labor, healthtelecommunications, finance and macroeconomics are providedas well as a survey of recent theoretical developments inpanal data analysis. Contributors include both well knownscholars and younger researchers from Australia, CanadaEurope and the United States of America.Physica Verlag, Tiergartenstr. 17, 69121 Heidelberg 236 pp. Englisch.

Taschenbuch. Condición: Neu. This item is printed on demand - Print on Demand Titel. Neuware -Modern Europe has rural roots. Even today, as much as 90 per cent of Europe (EU25) consists of rural areas in which half of the population lives. While different rural areas often face different challenges, the shift from agricultural production towards a multifunctional landscape and the increasing value assigned to environmental values affect all rural areas.The ambition to develop a more diversified rural economy, as well as the bottom-up approach and local focus of many rural policies, require a clear knowledge of the current socio-economic function of towns and town-hinterland linkages. Therefore, the aim of this study is to contribute to the understanding of the current function of towns in Europe in general and in the Netherlands more specifically. By using both micro- and macro-approaches, the multifaceted relationships between town-hinterland and the rural economy are explored at different spatial levels and for different actors, in particular for households, farms and firms.Physica Verlag, Tiergartenstr. 17, 69121 Heidelberg 196 pp. Englisch.

Taschenbuch. Condición: Neu. This item is printed on demand - Print on Demand Titel. Neuware -The unfolding tragedy of the AIDS epidemic is an instance where a disease with local origins has created consequences worldwide. Todd Sandler (2001a) Health concerns are rmly embedded in the developing world. Conditions of poverty like inadequate health infrastructures and sanitation, limited access to treatment of diseases etc. have increased the susceptibility to diseases. However, there is an increasing awareness that health problems of the poor cross national borders and, hence, affect the well-being of people globally. Of all the health crises originating from the developing world the HIV/AIDS epidemic does not only seem to be the largest humanitarian concern but also possesses major economic, de- graphical and social consequences. AIDS could cause even bigger consequences in the future if the spread of HIV is not stopped. The international community has recognised this necessity by determining the 1 ght against AIDS as one of the eight Millennium Development Goals (MDGs ).Physica Verlag, Tiergartenstr. 17, 69121 Heidelberg 168 pp. Englisch.

Taschenbuch. Condición: Neu. This item is printed on demand - Print on Demand Titel. Neuware -Digital strings are not visible, but affect all economic segments. This book studies the phenomenon of digitalization with the instruments of economics in order to explore the interdependencies between digitalization, economic policy, and macroeconomic variables of open economies. Digitalization is separated into the three components networks, IT services, and digital goods which are then incorporated into macroeconomic models of trade theory in open economies. This approach allows to formally describe the cross-effects between digitalization and macroeconomic variables of a country. Specifically, it is used to analyze interdependencies between macroeconomic variables and networks, IT services, and digital goods, and to determine the challenges of digitalization for economic policy and regulation.Physica Verlag, Tiergartenstr. 17, 69121 Heidelberg 280 pp. Englisch.

Taschenbuch. Condición: Neu. This item is printed on demand - Print on Demand Titel. Neuware -Emerging markets have received a particular attention of academic researchers and practitioners since they decided to open their domestic capital markets to foreign participants about three decades ago. At the same time, we remark that theoretical and empirical research in emerging stock markets has been particularly challenged by their fast changes in nature and size under the effects of financial liberalization and reforms. This evolving feature has particularly led to a commensurate increase in sophistication of modeling techniques used for understanding financial markets.In this spirit, the book aims at providing the audience a comprehensive understanding of emerging stock markets in various aspects using modern financial econometric methods. It addresses the empirical techniques needed by economic agents to analyze the dynamics of these markets and illustrates how they can be applied to the actual data. On the other hand, it presents and discusses new research findings and their implications.Physica Verlag, Tiergartenstr. 17, 69121 Heidelberg 224 pp. Englisch.

Taschenbuch. Condición: Neu. This item is printed on demand - Print on Demand Titel. Neuware -In a world of increasing financial uncertainty and growing unemployment, the macroeconomic contribution of SMEs is more important than ever. Development of a vibrant, sustainable small firm sector is dependent on sufficient resourcing of SMEs, particularly adequate capitalisation. This book provides a timely examination of SME financing and determinants of capital structure. A special feature of this book is the novel methodological approach adopted, providing an innovative perspective on SME financing. Analysis of stated financing preferences and objectives of SME owners is combined with results of statistical analysis of firm characteristics in exploring holistic explanations for observed capital structures. The uniqueness of this approach is in the contribution of data on financing preferences to supplement and contextualise results of bivariate and multivariate statistical tests. This methodology extends the SME literature, and is of interest to academics, researchers, practitioners and policy makers.Physica Verlag, Tiergartenstr. 17, 69121 Heidelberg 232 pp. Englisch.

Taschenbuch. Condición: Neu. This item is printed on demand - Print on Demand Titel. Neuware -Floro Ernesto Caroleo and Francesco Pastore This book was conceived to collect selected essays presented at the session on ¿The Labour Market Impact of the European Union Enlargements. A New Regional Geography of Europe ¿ of the XXII Conference of the Italian Association of Labour Economics (AIEL). The session aimed to stimulate the debate on the continuity/ fracture of regional patterns of development and employment in old and new European Union (EU) regions. In particular, we asked whether, and how different, the causes of emergence and the evolution of regional imbalances in the new EU members of Central and Eastern Europe (CEE) are compared to those in the old EU members. Several contributions in this book suggest that a factor common to all backward regions, often neglected in the literature, is to be found in their higher than average degree of structural change or, more precisely, in the hardship they expe- ence in coping with the process of structural change typical of all advanced economies. In the new EU members of CEE, structural change is still a consequence of the continuing process of transition from central planning to a market economy, but also of what Fabrizio et al. (2009) call the ¿second transition¿, namely that related to the run-up to and entry in the EU.Physica Verlag, Tiergartenstr. 17, 69121 Heidelberg 356 pp. Englisch.