title: Testing the fundamental assumption of choice experiments: Are values absolute or relative?

authors: Luisetti, Tiziana

subjects: choice experiment

abstract: A split sample experiment is conducted to test one of the most fundamental assumptions underpinning choice experiments in an environmental setting: whether stated values are absolute or relative. The test uses a natural experiment involving respondents at different home locations relative to potential new wetland sites. Respondents were presented with one of two ranges of distances. An absolute value interpretation requires that the functional relations with distance derived from these two ranges be consistent with each other. We reject a null hypothesis of no range bias, suggesting that respondents may perceive attribute levels in a relative rather than absolute sense.

text: Testing the fundamental assumption of choice experiments: Are values absolute or relative? A split sample experiment is conducted to test one of the most fundamental assumptions underpinning choice experiments in an environmental setting: whether stated values are absolute or relative. The test uses a natural experiment involving respondents at different home locations relative to potential new wetland sites. Respondents were presented with one of two ranges of distances. An absolute value interpretation requires that the functional relations with distance derived from these two ranges be consistent with each other. We reject a null hypothesis of no range bias, suggesting that respondents may perceive attribute levels in a relative rather than absolute sense.

year: 2011

title: Are real interest rates of EU association countries characterized by non-linear convergence?

authors: Holmes, Mark J.

subjects: real interest parity

abstract: In this study, we concurrently test for nonlinearity (threshold) effects and non-stationarity (unit roots) in real interest rate differentials. Using data for the ten accession countries that joined the EU in 2004, we find evidence of strong nonlinear effects. Long-run real interest rate parity has held for some of the sample, but subject to two different stationary regimes. Other countries are characterized with partial unit root behaviour insofar as differentials switch between alternative regimes of stationary and non-stationary behaviour.

text: Are real interest rates of EU association countries characterized by non-linear convergence? In this study, we concurrently test for nonlinearity (threshold) effects and non-stationarity (unit roots) in real interest rate differentials. Using data for the ten accession countries that joined the EU in 2004, we find evidence of strong nonlinear effects. Long-run real interest rate parity has held for some of the sample, but subject to two different stationary regimes. Other countries are characterized with partial unit root behaviour insofar as differentials switch between alternative regimes of stationary and non-stationary behaviour.

year: 2009

title: Precariat Māori households today

authors: Rua, Mohi

abstract: Aotearoa New Zealand is now the fifth most unequal economy in the OECD. To highlight the human cost of this situation, the concept of “the precariat” offers more informed and contextualised understandings of the situations of socio-economically marginalised people in Aotearoa. Significant societal and policy change is required for Māori whānau to be truly free from the cycle of precarity.

text: Precariat Māori households today Aotearoa New Zealand is now the fifth most unequal economy in the OECD. To highlight the human cost of this situation, the concept of “the precariat” offers more informed and contextualised understandings of the situations of socio-economically marginalised people in Aotearoa. Significant societal and policy change is required for Māori whānau to be truly free from the cycle of precarity.

year: 2019