Purpose- This study uses a VECM model that aims to see the short-run and long-term effects of managerial ownership, sales growth, free cash flow, asset structure against debt policy. Vector Error Correction Model (VECM) is can be used for time series data not stationary but has cointegration relationship where in included exogenous variables as additional regressors.
 Research Method- The ...

Meningkatnya jumlah wisatawan asing datang ke Bali pasca Pandemi COVID-19 mengakibatkan perekonomian Provinsi kembali pulih. yang ramai membuat masyarakat mendapatkan pekerjaan dan menggunakan uang mereka. Sementara itu, tingkat inflasi di mengalami peningkatan pandemi COVID-19. Beberapa penelitian telah dilakukan untuk faktor-faktor mempengaruhi inflasi. Penelitian ini bertujuan melihat hubung...

Mixed-Frequency Data Byeongchan Seong, Sung K. Ahn, and Peter A. Zadrozny a Department of Statistics, Chung-Ang University, Seoul 156-756, Korea (e-mail: [email protected]) b Department of Management and Operations, Washington State University, Pullman, WA 99164-4736, USA (e-mail: [email protected]) c Bureau of Labor Statistics,2 Massachusetts Ave., NE, Washington, DC 20212, USA (e-mail: Zadrozny.Pet...

This supplement has two sections. Section 1 contains proofs of some auxiliary lemmas used in the main text. Section 2 provides some further simulation results which complement those reported in the main text. 1 Proofs of Auxiliary Lemmas This section provides proofs of some lemmas which are used in the main text to derive the asymptotic properties of the LS shrinkage estimator. For ease of expo...