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Randomization,Endogeneity and Laboratory Experiments:The Role of Cash Balances in Private Value Auctions
Randomization Endogeneity Laboratory Experiments Cash Balances Private Value Auctions
2015/9/18
From a theoretical perspective, cash balances are thought to play a role in common value auctions because of limited liability. However, they have also been found to be important in common value aucti...
Incorporating Price and Inventory Endogeneity in Firm-Level Sales Forecasting
Technology Industry Clusters Innovation and Invention Geographic Location
2015/4/21
As numerous papers have argued, sales, inventory, and gross margin for a retailer are interrelated. We construct a simultaneous equation model to establish these interrelationships at a firm level. Us...
The endogeneity of optimum currency area criteria in the context of financial crisis: Evidence from the time-frequency domain analysis
Euro area singular value decomposition synchronization wavelet analysis
2014/2/24
We provide the wavelet analysis of the economic cycle synchronization during the recent financial crisis. However, the global financial crisis caused economic cycles in most European countries to beco...