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Both in insurance and in finance applications, questions involving extremal events (such as large insurance claims, large fluctuations in financial data, stock market shocks, risk management, ...) play an increasingly important role.
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The core material on cross-section models for count data is now presented in four chapters, rather than in two as previously. This topic deserves, in my view, special... Læs mere
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The availability of microdata has increased rapidly over the last decades, and standard statistical and econometric software packages for data analysis include ever more sophisticated modeling options.
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A careful basic theoretical and econometric analysis of the factors determining the real exchange rates of Canada, the U.K., Japan, France and Germany with respect to the United States is conducted.
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If, in addition, all buyers are retailers (i.e., they resell the goods purchased in the analyzed market in a retail market) then the equilibrium vector of the quantities sold in the retail market is sold with the lowest possible selling costs.
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Based on a novel and unique dataset of estimates of government policy positions,... Læs mere
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Das Buch bietet ein breites Spektrum an versicherungsökonomischen Übungsaufgaben. versicherungstechnische Grundlagen, Entscheidungen unter Unsicherheit, Theorie von Versicherungsnachfrage und -angebot sowie staatliche Regulierung und Sozialversicherung.
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Die Fragen geben gleichzeitig einen Überblick über die im entsprechenden Kapitel behandelte Thematik und führen dazu, dass die Leserin bzw.... Læs mere
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Das Buch liefert eine moderne und anwendungsorientierte Einführung in ökonometrische Methoden für Studierende der... Læs mere
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Das vorliegende Buch führt den Leser in die Welt der stochastischen Modellbildung ein. Der Begriff der Markov-Kette zieht sich wie ein roter... Læs mere
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Many economic and social surveys are designed as panel studies, which provide important data for describing social changes and testing causal relations between social phenomena. It covers fixed and random effects models, models for change scores and event history models.
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This book presents modern developments in time series econometrics that are applied to macroeconomic and financial time series, bridging the gap between methods and realistic applications.