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Serially correlated variables in dynamic, discrete choice models (replication...
This paper discusses the problems that are encountered when dynamic, discrete choice models are specified with continuous, serially correlated state variables. A variety of... -
A multivariate latent factor decomposition of international bond yield spread...
A factor analysis of long-term bond spreads is performed by decomposing international interest rate spreads into national and global factors. The factors are latent, and are... -
Sequential testing of duration data: the case of the Pennsylvania reemploymen...
Cost considerations and the need to report the results promptly make it desirable to examine data as it accumulates and to terminate an experimental study as soon as definite...
