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In this paper we study the determinants of international migration to Germany, 1967-2000. The empirical literature on … macro-economic migration functions usually explains migration flows by a set of explanatory variables such as the income … acknowledged as nonstationary, the standard model in the migration literature can only meet the requirements of modern non …
Persistent link: https://www.econbiz.de/10011439458
In this paper, we investigate whether the Google search activity can help in nowcasting the year-on-year growth rates of monthly US private consumption using a real-time data set. The Google-based forecasts are compared to those based on a benchmark AR(1) model and the models including the...
Persistent link: https://www.econbiz.de/10003958670
The present paper tests for the existence of multicointegration between real per capita private consumption expenditure and real per capita disposable personal income in the USA. In doing so, we exploit the fact that the flows of disposable income and consumption expenditure on the one hand, and...
Persistent link: https://www.econbiz.de/10011439261