1. ZEW Discussion Paper No. 91-02 // 1991

    Modelling and Forecasting Exchange-Rate Volatility with ARCH-Type Models

    The statistical analysis of short-run exchange-rate data shows that there is strong heteroskedasticity and serial dependence of volatility. In addition, the empirical distributions are leptokurtic. The model of…

  2. ZEW Discussion Paper No. 91-01 // 1991

    Alternative Interpretations of Hours Information in an Econometric of Model Labour Supply

    This paper examines the labour supply behaviour of married women in France. Estimating a model with tax parameter variation, careful re-examination of the treatment of the unearned income variable and taking…

  3. Discussion and Working Paper // 1991

    An SLSPP-algorithm to compute an equilibrium in an economy with linear production technologies

    The problem of computing an equilibrium in an economy with constant returns to scale production technologies is to find prices and activity levels such that no activity makes positive profits and the market…

  4. Refereed Journal // 1991

    Correction of the material balance equation in dynamic input-output models

    The material balance equation in a dynamic input-output model incorporating capital hinges very much on its assumption one makes with respect to the kind of capital. In this paper, we mention two different…