Statistical Laws of Demand and Supply.

Wright, Philip; Schultz, Henry

doi:10.2307/2276697

Cited by 12 publications

(5 citation statements)

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“…This idea was originally posited by Wright (1929), a pioneer on the use of instrumental variables. Hence, we proceed by including several control variables for which data is available, and lagged market returns (Section 5.1), in an attempt to mitigate the identification problem.…”

Section: Resultsmentioning

confidence: 99%

The Influence of General Strikes against Government on Stock Market Behavior

Wisniewski

Lambe

Dias

2019

Scottish J Political Eco

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Using a sample of 76 countries, this paper examines the impact of major strikes against government and its policies on stock market behavior. An occurrence of a general strike is detrimental to the value of equities, as documented by the ceteris paribus 6.11% fall in dollar-denominated stock market indices of the affected countries. This event is also accompanied by a statistically significant increase in risk, as measured by the standard deviation of returns and Value-at-Risk metrics. Taken together, these results imply that general strikes have serious ramifications for stock market investors.

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Section: Resultsmentioning

confidence: 99%

The Influence of General Strikes against Government on Stock Market Behavior

Wisniewski

Lambe

Dias

2019

Scottish J Political Eco

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“…Even though identification issues had been addressed for some years by scholars such as H. Working (1925), E.J. Working (1927), andWright (1929), unlike Lewis, Douglas does not address the identification problem and simply assumes his estimates describe the preferences of the typical worker.…”

Section: Lewis In 1957mentioning

confidence: 99%

Whose Preferences are Revealed in Hours of Work?

Pencavel

2015

SSRN Journal

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“…El tratamiento en Economía de las ideas que solo se plasman en conceptos como constructos ha jugado un papel clave en el desarrollo de la Teoría Económica desde sus comienzos; por ejemplo, en el tratamiento del concepto de utilidad o bienestar y en otros conceptos en la teoría de la demanda y oferta y en particular en el concepto de escasez. Así un tema clásico en econometría, desde los escritos de Wright (1929) y Robbins (1932), fue el problema de distinguir empíricamente entre la demanda y cantidad tranzada. Sin embargo el reconocimiento formal como distinción entre constructo y observable ha sido explícito solo desde los años setenta y ochenta 8 .…”

Section: Constructos En Economíaunclassified

Un marco metodológico para el trabajo empírico en Economía: el caso de las variables

Millones

Bazán

2009

ECONOMIA

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En este artículo se revisa el manejo del concepto de las variables y las unidades de análisis (sujetos)en la investigación empírica en Economía. Se incorporan ideas desde otras áreas cuantitativas, yse ordenan en un marco metodológico. Se presenta una taxonomía de las variables y se discutenaspectos metodológicos que se derivan de ella. Se sugiere que el reflexionar sobre la naturalezade las variables y sujetos desde el inicio del trabajo empírico es una tarea que debe ser parte de laformulación misma de teorías, hipótesis o ideas involucradas en el trabajo empírico económico.El lenguaje usado es no técnico para captar el interés de audiencias más amplias. -- This article reviews the concept of variables and units of analysis (subjects) in empirical researchin economics. It incorporates ideas from other quantitative areas, and are arranged in a conceptualframework. We present a taxonomy for the variables and units and discuss methodologicalissues that arise from the framework. We suggest that the reflection on the nature of the variablesand subjects from the beginning of the research is a task which should be part of the formulationof theories, hypothesis or ideas involved in the empirical economic research. We use non technicallanguage to call the attention from a wider audience.

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Statistical Laws of Demand and Supply.

Cited by 12 publications

References 0 publications

The Influence of General Strikes against Government on Stock Market Behavior

The Influence of General Strikes against Government on Stock Market Behavior

Whose Preferences are Revealed in Hours of Work?

Un marco metodológico para el trabajo empírico en Economía: el caso de las variables

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