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Behavioral Consequences of Optimal Tax Structure – Empirical Analysis
Behavioral experiments Experimental economics Hidden tax
2016/1/26
The aim of the paper was to analyze some behavioral effects, especially the effect of “hidden” tax, the “preference of progressivity” effect and some kind of “preference of short period incidence” eff...
Multivariate GARCH Estimation Using Orthogonal Transformation –Empirical Analysis for Emerging Markets
Volatility Multivariate GARCH Model Orthogonal Transformation Principal Component Analysis
2010/10/20
This text concentrates on practical aspects of multivariate GARCH mod¬eling, specifically the orthogonal GARCH (O-GARCH) model. After initial minimal exposure of the related theory, it is centered...