Abstract Box & Cox (1964) proposed a parametric power transformation technique in order
to reduce anomalies such as non-additivity, non-normality and heteroscedasticity. Although …

This book presents the econometric analysis of single-equation and simultaneous-equation
models in which the jointly dependent variables can be continuous, categorical, or …

Tobit models refer to regression models in which the range of the dependent variable is
constrained in some way. In economics, such a model was first suggested in a pioneering …

The paper examines second stage DEA efficiency analyses, within the context of a
censoring data generating process (DGP) and a fractional data DGP, when efficiency scores …

This paper presents an empirical equilibrium model of self-selection in the labor market that
recognizes the existence of measured and unmeasured heterogeneous skills. We derive a …

By bringing together results from the growing literature in econometrics on misspecification
testing, this study provides theoretical analyses and convenient methods for the …

In four novels and fifty‐six short stories, Sir Arthur Conan Doyle developed the characters of
Mr. Sherlock Holmes and his trusted friend and chronicler, Dr. John Watson. The creation of …

1. INTRODUCTION The study of urban population densities is an old and continuing
preoccupation of urban economists. The reason is easily seen; the population density …

Household expenditures on food away from home are analyzed with the use of the
BLS'1989 Consumer Expenditure Survey. Parameterization and distributional assumptions …

The advent of electronic computing permits the empirical analysis of economic models of far
greater subtlety and rigour than before, when many interesting ideas were not followed up …