This paper analyses the short- and long-run effects of trade openness on financial development in a panel including data on 35 European countries over the period 2001-2019. For this purpose, it uses the PMG (pooled mean group) estimator for dynamic panels developed by Pesaran et al. (1999). The...

The expansion of regionalism has spawned an extensive theoretical literature analysing the effects of Free Trade Agreements (FTAs) on trade flows. In this paper we focus on FTAs (also called European agreements) between the European Union (EU-15) and the Central and Eastern European countries...

Drawing on panel data from Germany, this paper analyzes the correlates of happiness, with an eye toward isolating the role of parenthood over the lifecycle. The analysis couples a panel quantile regression with an empirical specification that captures different phases of parenthood, from the...

Drawing on German household data from 1992 to 2011, this paper analyzes how couples allocate housework against the backdrop of three questions: (1) Does an individual’s contribution to household income - both in absolute and relative terms - influence his or her contribution to housework? (2)...

We apply a heterogenous coefficient spatial autoregressive panel model from Aquaro, Bailey and Pesaran (2015) to explore competition/cooperation by Berlin fueling stations in setting prices for diesel and E5 fuel. Unlike the maximum likelihood estimation method set forth by Aquaro, Bailey and...

Drawing on a panel of German survey data spanning 1997-2013, this paper identifi es the correlates of non-recreational bicycling, focusing specifically on the roles of bicycle paths and fuel prices. Our approach conceptualizes ridership as a two stage decision process comprising the discrete...