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assets (gold, oil, and stocks) covering the period from 1987 to 2012. The analysis is performed on both intra-day and daily …. Heterogeneity prevails in correlations between gold and stocks. After the 2008 crisis, correlations among all three assets increase …
Persistent link: https://www.econbiz.de/10011272625
the estimation results, two currencies, the Swiss franc and (to a lesser extent) the US dollar qualify as safe haven …
Persistent link: https://www.econbiz.de/10011097944
This research estimates the impact of climate on European agriculture using a continental scale Ricardian analysis. Climate, soil, geography and regional socio-economic variables are matched with farm level data from 37,612 farms across Western Europe. We demonstrate that a median quantile...
Persistent link: https://www.econbiz.de/10010877673
Cultural factors and especially common languages are well-known determinants of trade. By contrast, the knowledge of foreign languages was not explored in the literature so far. We combine traditional gravity models with data on fluency in the main languages used in EU and candidate countries....
Persistent link: https://www.econbiz.de/10010877678
In this paper we examine the degree to which Michigan’s property value assessment growth cap has eroded the tax base and created substantial differences in effective tax rates among residential properties within the City of Detroit. While the analysis focuses on a specific city with...
Persistent link: https://www.econbiz.de/10010607837
This paper examines the performance of 358 European diversified equity mutual funds controlling for gender differences. Fund performance is evaluated against funds’ designated market indices and representative style portfolios. Consistently with previous studies, no significant differences in...
Persistent link: https://www.econbiz.de/10010667412
The use of height data to measure living standards is now a well-established method in the economic literature, and heights are related with vitamin D. Although African-Americans and whites have the genetic ability to reach similar terminal statures, 19th century blacks were consistently shorter...
Persistent link: https://www.econbiz.de/10005405946
Using a source of 19th century US state prison records, this study addresses European-American stature variation. The most commonly cited sources for stature variation are diets, disease, and work effort. However, vitamin D is also vital in human statures and health. This paper demonstrates that...
Persistent link: https://www.econbiz.de/10005406385
research seem to be sensitive to the sample period considered, alternative variable definition, data frequency and estimation … monetary model are not fully robust to data frequency and alternative estimation periods, either. Nevertheless, adding openness …
Persistent link: https://www.econbiz.de/10010554826
news and communication along with the estimated exchange rate misalignment on exchange rate as well as its volatility …
Persistent link: https://www.econbiz.de/10010668471