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BARGAINING GAME AND EQUITY SHARING SYSTEM IN EMPLOYMENT PROBLEM Anton Abdulbasah Kamil
Proceedings of ICMSA Vol 1, No 1 (2005): ICMSA 2005
Publisher : Proceedings of ICMSA

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (4761.691 KB)

Abstract

Profit sharing has been proposed as a solution to underemploymentresulting from collective bargaining, but the empirical results areambiguous and the theoretical basis for this claim is weak. This papershows equity sharing can, in theory, solve the principle shortcomings ofprofit sharing. First, equity sharing can resolve both underemployment andover employment. Second, the results do not depend on assuming thatinsiders and the firm are prevented from bargaining over employmentlevel. Third the system does not require government intervention sinceboth sides can benefit from adopting equity sharing.Keywords: Bargaining game, profit sharing model, equity sharing.
Pattern of Exchange Rate Distributions Anton Abdulbasah Kamil
STATISTIKA: Forum Teori dan Aplikasi Statistika Vol 7, No 2 (2007)
Publisher : Program Studi Statistika Unisba

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/jstat.v7i2.958

Abstract

This analysis is conducted within the contect of a stochastic version of the Dornbusch (1976)overshooting model, following the Miller and Weller (1991) extension of Krugman (1991), with shocksto aggregate supply. Hence, three realistic features are added to the Krugman (1991) model: (i) homeand foreign products are imperfect substitutes in consumption so that purchasing power parity isrelaxed, (ii) prices and wages are sluggish, and (iii) there are intra marginal as well as infra-marginalinterventions in the foreign exchange market. The objective of this paper is thus to show that meanreversion introduced by sluggish adjustment of prices and wages combined with a degree of intramarginalintervention can result in a hump-shaped exchange rate distribution and thereby explainthe empirical evidence. We would like to show that the hump shape is more likely to occur when thedegree of monetary accommodation is close to what is needed to peg the nominal exchange rate (sothat the fundamental has to move far away from its mean for the exchange rate to reach itsboundaries).
The Econometric Model of Enterprise Breakups Anton Abdulbasah Kamil
STATISTIKA: Forum Teori dan Aplikasi Statistika Vol 10, No 2 (2010)
Publisher : Program Studi Statistika Unisba

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/jstat.v10i2.1013

Abstract

we present the model that describes the process of enterprise breakups. We carried out regressionanalyses relating several common measures of performance to standard explanatory variables and avariable measuring the importance of the spun off unit in the master enterprise.
OPTION VALUATION WITH MATHEMATICA Ong Yih Ying; Anton Abdulbasah Kamil; Mohamad Faisal Abdul Karim
STATISTIKA: Forum Teori dan Aplikasi Statistika Vol 9, No 1 (2009)
Publisher : Program Studi Statistika Unisba

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/jstat.v9i1.988

Abstract

Studies in option pricing have became more important and challenging in financial area becauseoption valuation can add significant information to the decision making process. In this study weattempt to establish the American and European call option. Call option gives the buyer the right, butnot the obligation to buy a specified stock at a predetermined price on or before a predetermined date.An American option may be exercised earlier before the expiration date. For European options, earlyexercise is not possible. It can only be exercised only at maturity. In this paper, we do mathematicalexperiments to solve the problem of financial valuation using Mathematica.
Comment On Fixed and Float Exchange Rate Regimes Anton Abdulbasah Kamil
STATISTIKA: Forum Teori dan Aplikasi Statistika Vol 7, No 2 (2007)
Publisher : Program Studi Statistika Unisba

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/jstat.v7i2.955

Abstract

The theory of exchange rate regimes does not provide clear cut preference as to which regimes shouldbe preferred. Fixed and floating exchange rate regimes each has its own advantages anddisadvantages. Under fixed exchange rates, the country’s export and service sector are stable becausethe businessmen need not worry about the fluctuation of the currency, and thereby influencing theamount of profit made. Moreover, without worry about the fluctuation of the value of the currency,businessmen can make beautiful enterprise to do business. The implication is that it creates muchneededjobs and revenue for the country. In this paper we will prove theoretically that in short, fixedexchange rates can provide greater insulation of output in the face of nominal shocks. At the sametime, floating exchange rates are better at absorbing real shocks.
Theoretical Model of Labor Patterns: Study Case Transition from Public Sector to Private Sector Anton Abdulbasah Kamil
STATISTIKA: Forum Teori dan Aplikasi Statistika Vol 8, No 1 (2008)
Publisher : Program Studi Statistika Unisba

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/jstat.v8i1.973

Abstract

In this paper we try to analyze the selection mechanism of the labor force used by the private sector.As we know the objective of a private firm is the maximization of the profit, in order to fulfill this goal,the employer has to select the necessary number of skilled and unskilled workers, according to thetechnology of production. In our model we can see the unemployment resulting from the gap betweenthe supply and the demand for labor affects only the unskilled individuals. The existence ofunemployment among qualified individuals could be explained by the fact that the selection processhas been done gradually. The higher salaries offered by the private sector determined the workers toquit prematurely their job; the supply of skilled labor was higher than the possibilities of absorbingthose resources existing in the private sector.
Multiple Steady State Equilibria of Job Composition Anton Abdulbasah Kamil; MOHD NAIN HJ. AWANG
STATISTIKA: Forum Teori dan Aplikasi Statistika Vol 10, No 1 (2010)
Publisher : Program Studi Statistika Unisba

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/jstat.v10i1.1004

Abstract

In this paper we construct an example of multiplicity to further illustrate the general equilibriumforces at work. We assume that good and bad jobs produce inputs that are perfect substitutes, onlythat there is a quality difference. This will accentuate the tendency toward multiplicity and enable toexplicitly construct two equilibria.
Forecasting Rice Yields Based ofMarkov Chain theory Ma. Divina S. Paraguas; Ferdinand J. Paraguas; Anton Abdulbasah Kamil
STATISTIKA: Forum Teori dan Aplikasi Statistika Vol 5, No 2 (2005)
Publisher : Program Studi Statistika Unisba

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/jstat.v5i2.922

Abstract

The study explores the application of Markov Chain theory for rice yield forecasting. Yieldforecasts are based on the eco-physiological process of rice growth given measurable rice cropcharacteristics and weather data at intermediate times in the growing season of the rice crop. TheORYZA1 model is used to simulate a database containing rice yields and rice crop conditions atspecified times during the growing season. The model was ran on 32 years of historical weather data(1959 - 1990) from the meteorological station at the International Rice Research Institute (IRRI), LosBaños(121 15 E Latitude: 14 11 N Altitude: 21.0m), Laguna, Philippines. As input to the model, thestudy adopted the parameters on one of the representative yield potential field experiments at IRRIduring the 1992 dry season for the IR72 variety planted on a 15x15 m2 plot. Based on the output ofORYZA1, a Markov Chain (matrix of transition probabilities) was constructed to provide forecastdistributions of rice yield for various rice condition classes at different rice phenological stages priorto harvest. This Markov Chain can provide several statistics of interests. This ranges from mean,percentile (median) and standard error of the forecasts to probability interval forecasts and predictedprobabilities of exceeding (or falling bellow) target yields. The simulated rice yield obtained fromORYZA1 model for 32 years ranged from 8.33 to 10.88 ton ha-1 with an average of 9.57 ton ha-1 anda standard deviation of 0.60 ton ha-1. Forecasted yields from the matrix of transition probabilitiesranged from 8.58 to 9.45 ton ha-1 and standard deviations ranging from 0.39 to 0.60 ton ha-1.Results also showed that forecasted yields are more consistent when forecasting starts when the riceplants are more mature.
Capital Mobility with Convergence in Open Economies Anton Abdulbasah Kamil
STATISTIKA: Forum Teori dan Aplikasi Statistika Vol 6, No 2 (2006)
Publisher : Program Studi Statistika Unisba

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/jstat.v6i2.938

Abstract

The major objective of the paper is to provide a theoretical description of convergence in neoclassicalmodels with various initial ratios of human to physical capital. To avoid immediate convergence,adjustment costs (higher for human capital than for physical capital investment) are introduced. Themodel is calibrated consistently with empirically-observed slow long-run convergence. Economies withhigh initial ratios of human to physical capital are, however, predicted to grow quickly in the shortrun. Moreover, substantial current-account deficits may occur due to high marginal products ofphysical capital and resulting high levels of domestic physical capital investment. This analysisseems relevant to Malaysian economies, which exhibit high ratios of human to physical capital,current-account deficits, and relatively high average growth rates.
Modeling Distribution of Jobs Using Production Function Anton Abdulbasah Kamil
STATISTIKA: Forum Teori dan Aplikasi Statistika Vol 9, No 1 (2009)
Publisher : Program Studi Statistika Unisba

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/jstat.v9i1.990

Abstract

This paper presents a theory in which the composition of jobs is always sub-optimal, we use a searchframework which is a natural tool to model a situation in which identical workers can end up indifferent jobs with very different compensation patterns. First we will show that if different types ofjobs have different creation (capital) costs, then those which cost more to create will have to payhigher wages due to rent sharing; therefore. There will naturally exist good and bad jobs in thiseconomy. Second, establish that in an unregulated market, the composition of jobs is in efficientlybiased towards bad jobs.