Homework II Panel Data Models The data file, crime4.dta, contains the follow data set, for the study on the county crime rates in North Carolina. Cornwell and Trumbell (1994) used data on 90 counties in North Carolina for the years 1981 through 1987, to e
EC 671
Quality Control Notes
Lecture 1:
Bottom of Page 5
Independent pooling data can also control for the effects of wt and zi
(The subscripts need to be changed to be consistent with page 1.)
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a1 = a2 = a3 = N which is N-1 restrictions
B
THE JOURNAL OF FINANCE VOL. LIX, NO. 4 AUGUST 2004
Tobins Q, Debt Overhang, and Investment
CHRISTOPHER A. HENNESSY
ABSTRACT
Incorporating debt in a dynamic real options framework, we show that underinvestment stems from truncation of equitys horizon at de
THE JOURNAL OF FINANCE VOL. LIX, NO. 2 APRIL 2004
Default Risk in Equity Returns
MARIA VASSALOU and YUHANG XING
ABSTRACT
This is the first study that uses Mertons (1974) option pricing model to compute
default measures for individual firms and assess the
EC 413/513
Economic Forecast and Analysis
Fall 2010
Professor:
Dr. Junsoo Lee
Office:
263 Alston Hall
Phone:
205-348-8978 (Office), 205-348-5950 (fax)
205-366-1980 (Home)
Office Hours: Monday and Wednesday, 3:30 4:30 PM, or by appointment
E-mail:
jlee@cba