Showing 1 - 10 of 72
The goal of the paper is to decompose gross exports/imports to/from Germany for seven selected economies in Central and Eastern Europe (CEE): the Czech Republic, Estonia, Hungary, Lithuania, Latvia, Poland, and Slovakia for 2000 and 2014, to identify the role of German in absorbing, reflecting,...
Persistent link: https://www.econbiz.de/10012033048
Persistent link: https://www.econbiz.de/10009771897
Using a large, original database of 385 politically connected firms under the Mubarak regime in Egypt, we document for the first time the negative impact of cronyism on economic growth. In the early 2000s, a policy shift in Egypt led to the expansion of crony activities into new, previously...
Persistent link: https://www.econbiz.de/10011544875
This paper investigates whether codependence restrictions can be uniquely imposed on VAR and VEC models via the so …
Persistent link: https://www.econbiz.de/10011489949
We derive a framework for asymptotically valid inference in stable vector autoregressive (VAR) models with conditional … heteroskedasticity of unknown form. We prove a joint central limit theorem for the VAR slope parameter and innovation covariance … parameter estimators and address bootstrap inference as well. Our results are important for correct inference on VAR statistics …
Persistent link: https://www.econbiz.de/10011490564
This paper assesses the impact of Internet job search on employment in the Arab Republic of Egypt, the most populous country in the Middle East and North Africa region. Using panel data from the 2012 and 2018 rounds of the Egypt Labor Market Panel Survey, the paper examines the impact of...
Persistent link: https://www.econbiz.de/10012838627
The challenge of power sector reform in the Arab Republic of Egypt has long been dominated by extremely high subsidies, with prices set well below the costs of supply. These subsidies have taken a variety of forms: explicit subsidies in the government budget, implicit subsidies in the...
Persistent link: https://www.econbiz.de/10012840716
The paper delves into the implications of a failure to account for rental regulation in the measurement of households' welfare, poverty, and inequality when using household surveys. Exploiting previously unavailable data for the Egyptian case, the paper illustrates the long-lasting distortions...
Persistent link: https://www.econbiz.de/10012951495
Like many emerging markets, the Arab Republic of Egypt is keen to promote distributed solar, defined here as systems below 500 kilowatts, but has struggled to create conditions for growth in the sector. The aim of this paper is to identify policy actions to unlock the distributed solar market...
Persistent link: https://www.econbiz.de/10012951526
Private savings play a pivotal role in financing development and sustaining growth. Recently, there have been many theoretical developments that underpin key determinants of savings behavior, many of which merit empirical investigation. Understanding the dynamics of the determinants of savings...
Persistent link: https://www.econbiz.de/10012959137