Narrow search
Showing 1 - 10 of 229
Cover Image
Convergence in Output in Transition Economies: Central and Eastern Europe, 1970-1995
Estrin, Saul; Urga, Giovanni - C.E.P.R. Discussion Papers - 1997
In this paper we use unit roots/cointegration analysis and time-varying parameters procedures to test for a common growth path in the ex-communist block, both pre- and post-reform. We test whether there has been convergence within the block and between the block as a group and the West....
Persistent link: https://www.econbiz.de/10005123521
Cover Image
How Efficient are Firms in Transition Countries? Firm-Level Evidence from Bulgaria and Romania
Konings, Jozef; Repkin, Alexander - C.E.P.R. Discussion Papers - 1998
industries using firm-level panel data. The technical efficiency of firms is found to vary significantly both within and across …
Persistent link: https://www.econbiz.de/10005792075
Cover Image
Exchange Rate Pass-Through to Consumer Prices in South Africa: Evidence from Micro-Data
Aron, Janine; Creamer, Kenneth; Muellbauer, John; … - C.E.P.R. Discussion Papers - 2013
A sizeable literature examines exchange rate pass-through to disaggregated import prices but very few micro-studies focus on consumer prices. This paper explores exchange rate pass-through to consumer prices in South Africa during 2002-2007, using a unique data set of highly disaggregated data...
Persistent link: https://www.econbiz.de/10011084277
Cover Image
Gun Prevalence, Homicide Rates and Causality: A GMM Approach to Endogeneity Bias
Kleck, Gary; Kovandzic, Tomislav; Schaffer, Mark E - C.E.P.R. Discussion Papers - 2005
unlike nearly all previous such studies, we properly account for the endogeneity of gun ownership levels. We discuss the … three main sources of endogeneity bias - reverse causality (higher crime rates lead people to acquire guns for self … endogeneity problems. When the problem is ignored, gun levels are associated with higher rates of gun homicide; when the problem …
Persistent link: https://www.econbiz.de/10005123831
Cover Image
Childhood Family Structure and Schooling Outcomes: Evidence for Germany
Francesconi, Marco; Jenkins, Stephen P; Siedler, Thomas - C.E.P.R. Discussion Papers - 2005
unobserved determinants of family structure and educational performance. But once endogeneity is accounted for, whether by using …
Persistent link: https://www.econbiz.de/10005498067
Cover Image
Equilibrium Exchange Rates in Transition Economies: Taking Stock of the Issues
Égert, Balázs; Halpern, László; MacDonald, Ronald - C.E.P.R. Discussion Papers - 2004
In this Paper we present an overview of a number of issues relating to the equilibrium exchange rates of the new EU member states from Central and Eastern Europe. In particular, we present a critical overview of the various methods available for calculating equilibrium exchange rates and discuss...
Persistent link: https://www.econbiz.de/10005662370
Cover Image
Rags in the High Rent District: The Evolution of Quota Rents in Textiles and Clothing
Francois, Joseph; Wörz, Julia - C.E.P.R. Discussion Papers - 2006
examine the evolution of market access conditions in the textile and clothing sectors, working with a panel of bilateral trade …'s Agreement on Textiles and Clothing (ATC). Our estimating framework takes advantage of the panel nature of trade data when …
Persistent link: https://www.econbiz.de/10005788877
Cover Image
Forecasting Time Series Subject to Multiple Structural Breaks
Pesaran, M Hashem; Pettenuzzo, Davide; Timmermann, Allan G - C.E.P.R. Discussion Papers - 2004
This Paper provides a novel approach to forecasting time series subject to discrete structural breaks. We propose a Bayesian estimation and prediction procedure that allows for the possibility of new breaks over the forecast horizon, taking account of the size and duration of past breaks (if...
Persistent link: https://www.econbiz.de/10005791366
Cover Image
Equilibrium Exchange Rates in Central and Eastern Europe: A Meta-Regression Analysis
Égert, Balázs; Halpern, László - C.E.P.R. Discussion Papers - 2005
This Paper sets out to analyse the ever-growing literature on equilibrium exchange rates in the new EU member states of Central and Eastern Europe in a quantitative manner using meta-regression analysis. We study the extent to which the estimated real misalignments reported in the literature...
Persistent link: https://www.econbiz.de/10005123853
Cover Image
Euro Area Inflation Persistence in an Estimated Nonlinear DSGE Model
Amisano, Giovanni; Tristani, Oreste - C.E.P.R. Discussion Papers - 2007
We estimate the approximate nonlinear solution of a small DSGE model on euro area data, using the conditional particle filter to compute the model likelihood. Our results are consistent with previous findings, based on simulated data, suggesting that this approach delivers sharper inference...
Persistent link: https://www.econbiz.de/10005067383