ri Q dqg W lqfuhdvhv iru doo phwkrgv1 Phdqzkloh/ wkh vl}hv ri whvwv lpsuryhv zkhq vdpsoh
vl}h lqfuhdvhv iru erwk Q dqg W 1
Wkh vlplodu revhuydwlrqv fdq eh irxqg lq DUPD +5/5, dqg DUPD+7/7, fdvhv iurp Wdeohv
7 wr <1 Ixuwkhupruh/ wkh eldvhv dqg PVHv duh uhodwlyho| odujhu wkdq wkrvh lq DUPD +4/4,
fdvhv1 Wklv lqglfdwhv wkdw hvwlpdwhg yduldqfhv ghyldwh pruh zkhq wkh huuruv ehfrph pxfk
pruh fruuhodwhg1
Lq vxppdu|/ zh revhuyh wkh iroorzlqj=
4, Wkh YDUKDF+D, hvwlpdwru kdv d vpdoohu eldv dqg d odujhu yduldqfh wkdq rwkhu hvwl0
pdwruv1 Wkh PVHv ri wkh suhzklwhqlqj hvwlpdwruv duh odujhu wkdq wkrvh ri qrq0suhzklwhqlqj
phwkrgv1
5, Iru wkh vl}h ri wkh whvwv/ wkh YDUKDF+D, hvwlpdwru rxwshuirupv rwkhu phwkrgv1
6, Wkh suhzklwhqlqj surfhgxuhv hqodujh PVHv1
71 FRQFOXVLRQ
Dv lv zhoo0nqrzq/ d KDF fryduldqfh pdwul{ lv sursruwlrqdo wr d vshfwudo ghqvlw| pdwul{ dw
iuhtxhqf| f> dqg fdq eh frqvlvwhqwo| hvwlpdwhg e| wkh srsxodu nhuqho phwkrgv ri Dqguhzv0
Qhzh|0Zhvw1 Zkhq gdwd glvsod|v vwurqj ghshqghqfh/ wkh vshfwudo ghqvlw| kdv d shdn dw
iuhtxhqf| 3= Nhuqhov/ dv d orfdo dyhudjlqj phwkrg/ whqg wr xqghuhvwlpdwh wkh shdn1 Wklv
riwhq ohdgv wr ryhuuhmhfwlrq lq whvwlqj dqg wrr qduurz frqghqfh lqwhuydov lq hvwlpdwlrq1
Lq wklv sdshu/ wkh lvvxhv ri edqgzlgwk vhohfwlrq dqg suhzklwhqlqj ri hvwlpdwlqj wkh KDF
fryduldqfh pdwul{ lq sdqho gdwd prghov duh lqyhvwljdwhg xvlqj Prqwh Fduor1
44
More intriguing information
1. Why Managers Hold Shares of Their Firms: An Empirical Analysis2. Popular Conceptions of Nationhood in Old and New European
3. The name is absent
4. Tastes, castes, and culture: The influence of society on preferences
5. The economic value of food labels: A lab experiment on safer infant milk formula
6. The name is absent
7. The name is absent
8. The name is absent
9. The name is absent
10. The name is absent