Browsing Faculté des arts et des sciences – Département de sciences économiques - Travaux et publications by Title
Now showing items 516-535 of 564
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The Taxation of Nonrenewable Natural Resources
(Université de Montréal. Département de sciences économiques., 2013-10)We provide an analytical overview of the distortionary eff ects of some common forms of taxes faced by the nonrenewable resources sector of the economy. In the category of taxes meant speci fically to capture the resource rent, we look at a speci c ... -
Temporal Aggregation in a Multi-Sector Economy with Endogenous Growth
(Université de Montréal. Département de sciences économiques., 1995) -
Temporary Natural Resource Cartels
(Université de Montréal. Département de sciences économiques., 2004)We analyze the behavior of a nonrenewable resource cartel that anticipates being forced, at some date in the future, to break-up into an oligopolistic market in which its members will then have to compete as rivals. Under reasonable assumptions about ... -
Termes de l'échange endogènes et cycles économiques réels : une application à la Côte-d'Ivoire
(Université de Montréal. Département de sciences économiques., 1997)À l’aide d’un modèle de cycles réels, la présente étude vise à expliquer, de façon endogène, les fluctuations des termes de l’échange en Côte-d’Ivoire. Pour ce faire, nous cherchons principalement à répondre aux deux questions suivantes : les chocs ... -
A Test of New Aggregate Damand Curvature Properties
(Université de Montréal. Département de sciences économiques., 1988)In This Paper We Present and Implement an Econometric Test of Both Negative Semi-Definiteness of the Matrix of Compensated Price Effects and of the Negative Quasi-Definiteness of the Matrix of Uncompensated Price Effects. This Test Allows Us to Evaluate ... -
Testing for a Unit Root in Panels with Dynamic Factors
(Université de Montréal. Département de sciences économiques., 2002)This paper studies testing for a unit root for large n and T panels in which the cross-sectional units are correlated. To model this cross-sectional correlation, we assume that the data is generated by an unknown number of unobservable common factors. ... -
Testing for Homogeneity in Demand Systems when the Regressors Are Non-Stationary
(Université de Montréal. Département de sciences économiques., 1995) -
Testing Mean-Variance Efficiency in CAPM with Possibly Non-Gaussian Errors : An Exact Simulation-Based Approach
(Université de Montréal. Département de sciences économiques., 2002)In this paper we propose exact likelihood-based mean-variance efficiency tests of the market portfolio in the context of Capital Asset Pricing Model (CAPM), allowing for a wide class of error distributions which include normality as a special case. ... -
Testing Normality : A GMM Approach
(Université de Montréal. Département de sciences économiques., 2002)In this paper, we consider testing marginal normal distributional assumptions. More precisely, we propose tests based on moment conditions implied by normality. These moment conditions are known as the Stein (1972) equations. They coincide with the ... -
Tests multiples simulés et tests de normalité basés sur plusieurs moments dans les modèles de régression
(Université de Montréal. Département de sciences économiques., 2005)Cet article illustre l’applicabilité des méthodes de rééchantillonnage dans le cadre des tests multiples (simultanés), pour divers problèmes économétriques. Les hypothèses simultanées sont une conséquence habituelle de la théorie économique, de sorte ... -
Tests of Conditional Asset Pricing Models in the Brazilian Stock Market
(Université de Montréal. Département de sciences économiques., 1997)In this paper, we test a version of the conditional CAPM with respect to a local market portfolio, proxied by the Brazilian stock index during the 1976-1992 period. We also test a conditional APT model by using the difference between the 30-day rate ... -
Tests of Conditional Asset Pricing Models in the Brazilian Stock Market
(Université de Montréal. Département de sciences économiques., 1997)In this paper, we test a version of the conditional CAPM with respect to a local market portfolio, proxied by the Brazilian stock index during the 1976-1992 period. We also test a conditional APT model by using the difference between the 30-day rate ... -
Tests of Joint Hypotheses for Time Series Regression with a Unit Root
(Université de Montréal. Département de sciences économiques., 1986)This Paper Studies Tests of Joint Hypotheses in Time Series Regression with a Unit Root in Which Weakly Dependent and Heterogeneously Distributed Innovations Are Allowed. We Consider Two Types of Regression: One with a Constant and Lagged Dependent ... -
A Theoretical Comparison Between Integrated and Realized Volatilies
(Université de Montréal. Département de sciences économiques., 2001)In this paper, we provide both qualitative and quantitative measures of the cost of measuring the integrated volatility by the realized volatility when the frequency of observation is fixed. We start by characterizing for a general diffusion the ... -
La Theorie Generale du Markup: une Critique des Post-Keynesiens Americains
(Université de Montréal. Département de sciences économiques., 1985)Cet Article Se Divise En Trois Sections: la Premiere Contient une Critique de Certains Post-Keynesiens, Notamment Americains, Concernant Leur Hypothese de la Rigidite du Markup Dans la Relation Prix-Salaires. Contrairement a Kalecki Qui Admettait ... -
A Theory of Random Consumer Demand
(Université de Montréal. Département de sciences économiques., 2004)This paper presents a new theory of random consumer demand. The primitive is a collection of probability distributions, rather than a binary preference. Various assumptions constrain these distributions, including analogues of common assumptions about ... -
Three public goods and lexicographic preferences : replacement principle
(Centre interuniversitaire de recherche en économie quantitative, 2021-03)We study the problem of locating multiple public goods for a group of agents with single-peaked preferences over an interval. An alternative specifies for each public good a location. In Miyagawa (1998) each agent consumes only his most preferred ... -
Threshold Luce rules
(Université de Montréal. Département de sciences économiques., 2018-11)In the late 1950’s, Luce proposed two different theories of imperfect utility discrimination that have had a lasting impact on economics. One model (1956) gave rise to the literature on just noticeable differences while the other (1959) laid the ... -
Time Reversibility of Stationary Regular Finite State Markov Chains
(Université de Montréal. Département de sciences économiques., 2004)We propose an alternate parameterization of stationary regular finite-state Markov chains, and a decomposition of the parameter into time reversible and time irreversible parts. We demonstrate some useful properties of the decomposition, and propose ... -
Top trading with fixed tie-breaking in markets with indivisible goods
(Université de Montréal. Département de sciences économiques., 2012-03)We study markets with indivisible goods where monetary compensations are not possible. Each individual is endowed with an object and a preference relation over all objects. When preferences are strict, Gale's top trading cycle algorithm finds the unique ...
