Chew Lian Chua

TL;DR: In this article, the authors provide an assessment of how airline code-share alliances affect the costs of the airline industry and find that large alliance partners have a small negative effect on airlines' costs, but small alliance partners' effect on costs appear to be positive, although the magnitude is negligible.

TL;DR: In this article, a plethora of time-series measures of uncertainty for inflation and real output growth are compared to a benchmark measure using the uncertainty measure reported by individual forecasters in the Survey of Professional Forecasters (SPF) for the period 1982-2008.

TL;DR: In this article, the authors studied the link between competition and technical efficiency of public hospitals in the state of Victoria, Australia and found a positive relationship between efficiency and competition as measured by the Hirschman-Herfindahl Index (HHI) and a negative relationship when the number of competing private hospitals is used instead of HHI.

TL;DR: Using Australian data, it is found that consumer sentiment data increases the accuracy of GDP and consumption forecasts, with certain components of consumer sentiment consistently providing better forecasts than aggregate consumer sentimentData.

TL;DR: In this article, a common prior on the elasticities and budget shares evaluated at average prices and income is used for both models, including equality restrictions (homogeneity, adding tip and symmetry) and inequality restrictions (monotonicity and concavity).