The purpose of this article is to illustrate a straightforward and useful method for addressing
the problem of heteroscedasticity in the estimation of frontiers. A heteroscedastic cost-frontier …

Microfinance institutions (MFIs) play a key role in many developing countries. Utilizing data
from Eastern Europe and Central Asia, MFIs are found to generally operate with lower costs …

This paper investigates the effects of heteroscedasticity on the parameters in frontier
regression models. A Monte Carlo experiment is employed to determine that heteroscedasticity …

Males who participated in intercollegiate athletics are estimated to receive 4% higher
annual incomes than similar non-athletes. No such income premium associated with college …

… Bunn is a graduate student in economics at Washington State University, Steven B.
Caudill is an associate professor and Daniel M. Gropper is an assistant professor of …

This paper examines the relationship between financial development and economic growth
in Taiwan from 1962 to 1998. Using a four-variable VAR model, the competing hypotheses …

The article discusses the advantage of the linear probability model over probit or logit models.
It shows that linear probability model permits estimation of some parameters which cannot …

By analyzing a national sample of federal individual income tax returns, we are able to identify
important determinants of whether a taxpayer uses an accountant or other professional …

Cointegration and vector autoregression are used to test the ‘Tax-and-Spend’, ‘Spend-and-Tax’,
and ‘Fiscal Synchronization’ for ten countries using annual time-series data over the …

Black couples are found to own a disproportionately low share of aggregate housing wealth
in the United States because they are less likely than whites to be homeowners and …