For Dirichlet priors in a multinomial distribution the Bayesian test of a simple hypothesis parallels the Bartlett test of homogeneity of variances in normal samples. This parallelism enables a correction factor to be developed for a particular test statistic along the lines of Bartlett's correction. The performance of the corrected test statistic is studied numerically. 相似文献
This paper visits the impact of economic misery on human capital outflow using time series data over the period of 1975–2012. We have applied the combined cointegration tests and innovation accounting approach to examine long run and causal relationship between the variables. Our results affirm the presence of cointegration between the variables. We find that economic misery increases human capital outflow. Foreign remittances add in human capital outflow from Pakistan. The migration from Pakistan to rest of world is boosted by depreciation in local currency. Income inequality is also a major contributor to human capital outflow. The present study is comprehensive effort and may provide new insights to policy makers for handling the issue of human capital outflow by controlling economic misery in Pakistan.
Repeated measurements designs (RMD) are widely used in medicine, pharmacology, animal sciences, and psychology. If there is a restriction on the total number of treatments, some experimental units can receive on the total length of time while some experimental units can remain in the trial, then RMD in periods of unequal sizes should be used. In this article, some infinite series are developed to generate the minimal circular strongly balanced RMD in periods of three different sizes p1, p2, and p3, where 2 ≤ p3 < p2 ≤ 10. 相似文献
The paper empirically examines old-age security hypothesis to explain fertility rates in South Asia. Panel data is used for the period 1972–2013 for seven South Asian countries which include Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka. The estimated results reveal that in South Asia fertility rate decreases with the increase in financial development. Thus, the findings support old-age security hypothesis that parents use children as financial instruments to secure their old age. This paper validates the theory that the availability of alternative financial tools reduces the incentives of households to have large offspring. Infant mortality is also shown an important factor for high fertility rate in South Asia. This implies that households cover their risk from losing children by producing more children. The results also reveal that fertility rate decreases with the increase in per capita income, which implies that households treat children as inferior good in this region. In other words, households prefer quality of children over quantity of children when their income level increases. The results have also shown that fertility decreases with the increase in education, urbanization, agriculture productivity and industrialization. The study has some important policy implications. 相似文献
In a general flow-shop situation, where all the jobs must pass through all the machines in the same order, certain heuristic algorithms propose that the jobs with higher total process time should be given higher priority than the jobs with less total process time. Based on this premise, a simple algorithm is presented in this paper, which produces very good sequences in comparison with existing heuristics. The results of the proposed algorithm have been compared with the results from 15 other algorithms in an independent study by Park [13], who shows that the proposed algorithm performs especially well on large flow-shop problems in both the static and dynamic sequencing environments. 相似文献
A qualitative study examined the perceptions of 22 Israeli young adults (ages 20–25) of childhood parental divorce. Respondents
discussed their experiences, including economic consequences of the divorce. Results related to the practical aspect of economic
decline, to economic issues as embodiment of parental conflicts, and to children’s emotional and practical roles connected
to economic changes. Children’s understanding and coping with financial issues are related to three profiles of overall adjustment
identified in this study—resilience, survival, and vulnerability. Resilient young adults interpreted as empowering their understanding
and coping; the survivors recognized their efforts as meaningful but burdensome; and vulnerable participants felt that economic changes caused a heavy
financial and emotional price. Limitations and implications are discussed.