Forecasting with Spatial Panel Data This paper compares various forecasts using panel data with spatial error correlation. The true data generating process is assumed to be a simple error component regression model with spatial remainder disturbances of the autoregressive or moving average type. The best linear unbiased predictor is compared with other forecasts ignoring spatial correlation, or...

This paper applies a model of market power measurement under product differentiation to the case of the gasoline market in California, using data for the period 1983-1989. Our results show that there is a considerable degree of product differentiation among major brands. This allows firms to exercise local market power over their own specific products, but there are also signals of an important...

The aim of this paper is to study the probability to find an opportunity of collaboration among small and medium sized firms by participating in the Europartenariat meeting created to encourage co-operation links. Contacts among firms are relatively few in number and are assumed to be generated by a Poisson process. Empirical results of different Poisson regression models with reference to para...

This paper revisits the link between health insurance and health by estimating a model that allows for insurance and health to be linked through both dynamic and contemporaneous channels, each with di¤erent policy implications. The model produces two main …ndings. First, while insurance and health appear to be negatively related dynamically, they are positively related contemporaneously, with p...

This paper analyses the evolution of the business cycle worldwide synchronization since 1960. For that, it purposes a correlation index that allows to measure the cross-country synchronization period per period rather than using time windows. This new methodlogy allows to control for outliers when synchronizion across countries increased/droped unexpectedly in single years, and so, it can check...

This paper contributes to the globalization debate by studying the overall effect on growth of openness and indigenous factors. The data from 1998-2005 covers 122 economies. The result of a nonparametric estimation of a two-way random effects model show that both the openness and indigeneity factors promote growth. Industrialized economies score relatively high in terms of performance in both f...

Phosphodiesterase-9 (PDE9) inhibitors have been studied as potential therapeutics for treatment of central nervous system diseases and diabetes. Here, we report the discovery of a new category of PDE9 inhibitors by rational design on the basis of the crystal structures. The best compound, (S)-6-((1-(4-chlorophenyl)ethyl)amino)-1-cyclopentyl-1,5,6,7-tetrahydro-4H-pyrazolo[3,4-day]pyrimidin-4-one...

This introduction offers a context for the articles in this thematic series by providing an overview of the programs that provide cash and in-kind supports to people with disabilities in the United States, summarizes the increasing reliance on these programs, and describes the challenges associated with reducing dependency on these programs. It then briefly discusses the articles in this themat...