Murphy, Anthony(University College Dublin. School of Economics, 1994-07)
A convenient artifical regression based LM test of non-normality in the probit model is derived using a Gram Charlier type A alternative. The test is simply derived and may be extended to the bivariate probit case. The ...
Walsh, Brendan M.(University College Dublin. School of Economics, 1999-03)
The issue of how regional labour markets adjust to shocks has received increased attention in the context of EMU, yet relatively little is known about this aspect of the Irish economy. Using the methodology developed by ...
Neary, J. Peter(University College Dublin. School of Economics, 1996-01-18)
This paper provides a centenary review of the method of calculating real incomes
and purchasing power parities proposed by Roy Geary. This method is the most widely
used in major international comparisons, but it is often ...
Murphy, Anthony(University College Dublin. School of Economics, 1994-11)
A simple artificial regression based on Lagrange Multiplier (LM) test for zero correlation in the censored bivariate probit model is derived. The outer product gradient form of the LM test is not used so the proposed test ...
We characterize optimal trade and industrial policy in dynamic oligopolistic markets. If governments can commit to future policies, optimal first-period intervention should diverge from the profit-shifting benchmark to an ...