We apply graphical modelling theory to identify scal policy shocks in SVAR models of the US economy. Unlike other econometric ap- proaches which achieve identi cation by relying on potentially con- tentious a priori ...

In the present paper we provide an explanation of why privatization may attract foreign investors willing to enter a regional market. Privatization turns the formerly-public rm into a less aggressive competitor since pro ...

The Threshold Moving Average model with k regimes of order q is examined. In particular we provide sufficient conditions for its invertibility by generalizing some results reported in the literature. In the first part of ...

There is a general presumption that competition is a good thing. In this paper we show that competition in the insurance markets can be bad and that adverse selection is in general worse under competition than under monopoly. ...

Si calcola il limite x 0 3 lim x- sinx = 1 → x 6 evidenziando come detto calcolo si possa ricondurre a quello di limiti notevoli senza utilizzare il primo teorema di de l’Hôpital o le classi delle funzioni infinitesime ...