Showing 1 - 10 of 47
Persistent link: https://www.econbiz.de/10009710089
Persistent link: https://www.econbiz.de/10012546907
A rural country in the 1950's, Italy is now a large industrial economy. In this paper we show through a joint analysis of spatial autocorrelation and concentration of employment that this development has not been driven by centre-periphery mechanisms.
Persistent link: https://www.econbiz.de/10005094557
This paper examines the impact of the immigration of foreigners on domestic labour mobility. Since David Card's seminal study on the regional labour market impact of the Mariel Boatlift it is controversial whether domestic labour mobility equilibrates economic conditions across cities and...
Persistent link: https://www.econbiz.de/10003900443
Stability tests for cointegrating coefficients are known to have very low power with small to medium sample sizes. In this paper we propose to solve this problem by extending the tests to dependent cointegrated panels through the stationary bootstrap. Simulation evidence shows that the proposed...
Persistent link: https://www.econbiz.de/10003595345
We address the issue of estimation and inference in dependent non-stationary panels of small cross-section dimensions. The main conclusion is that the best results are obtained applying bootstrap inference to single-equation estimators, such as FM-OLS and DOLS. SUR estimators perform badly, or...
Persistent link: https://www.econbiz.de/10009409345
Persistent link: https://www.econbiz.de/10011527155
Stability tests for cointegrating coefficients are known to have very low power with small to medium sample sizes. In this paper we propose to solve this problem by extending the tests to dependent cointegrated panels through the stationary bootstrap. Simulation evidence shows that the proposed...
Persistent link: https://www.econbiz.de/10003631558
Persistent link: https://www.econbiz.de/10013197463
Persistent link: https://www.econbiz.de/10011771326