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exchange rate to one of the politically most important exchange rates, the exchange rate of the US dollar vis-à-vis the euro … (the DM). We use monthly data from 1975:01 to 2007:12. Applying a novel time-varying coefficient estimation approach, we …
Persistent link: https://www.econbiz.de/10010271135
This paper focuses on nominal exchange rates, specifically the US dollar rate vis-à-vis the Euro and the Japanese Yen … dollar rate vis-à-vis the Euro and the Japanese Yen respectively. …
Persistent link: https://www.econbiz.de/10010271381
subgroups including Euro area countries, the UK and the US respectively, provides evidence of a global convergence …
Persistent link: https://www.econbiz.de/10010274513
We link life-satisfaction data to inequality of the pre- and post-government income distribution at the regional level, to estimate the degree of inequality aversion. Three different inequality measures are used. In addition, we investigate whether a reduction in inequality by the state...
Persistent link: https://www.econbiz.de/10010324200
Die vorliegende Untersuchung befaßt sich mit verschiedenen Verfahren zur Berücksichtigung von Einkommensvorteilen aus selbstgenutztem Wohneigentum ("Imputed Rent") und deren Einfluß auf die personelle Einkommensverteilung. Nach einer theoretischen Darstellung der Verfahren und ihrer...
Persistent link: https://www.econbiz.de/10010324218
This article deals with income advantages derived from owner occupied housing (Imputed Rent, IR) and their impact on the personal income distribution. Following a brief description of different methods with which to calculate IR in household surveys, we conduct a cross-national comparative study...
Persistent link: https://www.econbiz.de/10010324223
forecasts: a moving average transformation of the underlying forecasts and estimation with constant forecast-horizon- effects …
Persistent link: https://www.econbiz.de/10010265008
probability of over-estimation of the individual firm-specific performance. It also allows for a large number of original …
Persistent link: https://www.econbiz.de/10010271155
This note examines the stochastic properties of US term spreads with parametric and semi-parametric fractional integration techniques. Since the observed data (rather than the estimated residuals from a cointegrating regression) are used for the analysis, standard methods can be applied. The...
Persistent link: https://www.econbiz.de/10010271352
This paper analyzes the distributive impacts of violent conflicts, which is in contrast to previous literature that has focused on the other direction. We use cross-country panel data for the time period 1960-2005 to estimate war-related changes in income inequality. Our results indicate rising...
Persistent link: https://www.econbiz.de/10010271373