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Econometrics of auctions by least squares (replication data)
I investigate using the method of ordinary least squares (OLS) on auction data. I find that for parameterizations of the valuation distribution that are common in empirical... -
Bayes estimates of distance-to-market: transactions costs, cooperatives and m...
Rationalizing non-participation as a resource deficiency in the household, this paper identifies strategies for milk-market development in the Ethiopian highlands. The... -
Multivariate partial adjustment of financial ratios: a Bayesian hierarchical ...
In this paper we propose a multivariate extension of the partial adjustment model of financial ratios. To that end, we use a dynamic factor model which assumes that financial...
