Similar Search Results

Likelihood-based cointegration tests in heterogeneous panels

Larsson, Rolf; Lyhagen, Johan; Löthgren, Mickael - 1998

Persistent link: https://www.econbiz.de/10000991637

Testing parameter constancy in stationary vector autoregressive models against continuous change

He, Changli (contributor); Teräsvirta, Timo (contributor); … - 2002 - [Elektronische Ressource], Rev. July 11, 2005

In this paper we derive a parameter constancy test of a stationary vector autoregressive model against the hypothesis that the parameters of the model change smoothly over time. A single structural break is contained in this alternative hypothesis as a special case. The test is a generalization...

Persistent link: https://www.econbiz.de/10001693105

Population aging and international capital flows

Domeij, David (contributor); Flodén, Martin (contributor) - 2003 - [Elektronische Ressource]

We use the neoclassical growth framework to model international capital flows in an economy with exogenous demographic change. We compare model implications and actual current account data and find that the model explains a small but significant fraction of capital flows between OECD countries,...

Persistent link: https://www.econbiz.de/10001801345

Reserves, money supply and prices : the international adjustment mechanism in Sweden under the silver and gold standards, 1834 - 1913

Ögren, Anders (contributor) - 2003 - [Elektronische Ressource]

This paper explores how international capital movements affected the domestic money supply. This requires that the causality at work in the adjustment process be analyzed. For this purpose, series of central bank reserves, the monetary base, the money supply and the balance of payments were...

Persistent link: https://www.econbiz.de/10001813559

Testing for unit roots in nonlinear dynamic heterogeneous panels

He, Changli (contributor); Sandberg, Rickard (contributor) - 2005 - [Elektronische Ressource]

In this paper we present a unit root test against a nonlinear dynamic heterogenous panel with each cross section …

Persistent link: https://www.econbiz.de/10002595402

Parametric covariance matrix modeling in Bayesian panel regression

Salabasis, Mickael (contributor) - 2004 - [Elektronische Ressource], Rev. February 16, 2005

illustrated. -- Bayesian panel regression ; parametric covariance ; model selection …

Persistent link: https://www.econbiz.de/10002595455

Inference for unit roots in a panel smooth transition autoregressive model where the time dimension is fixed

He, Changli (contributor); Sandberg, Rickard (contributor) - 2005 - [Elektronische Ressource], Rev. February 18, 2005

In this paper we derive a unit root test against a Panel Logistic Smooth Transition Autoregressive (PLSTAR). The …, finite sample properties of the test are examined. We highlight scenarios under which the traditional panel unit root tests … by Harris and Tzavalis have inferior or reasonable power compared to our test. -- Dynamic nonlinear panel ; Smooth …

Persistent link: https://www.econbiz.de/10002577852

A flexible adjustment model of employment with application to Zimbabwe's manufacturing industries

Ncube, Mthuli; Heshmati, Almas - 1998

Persistent link: https://www.econbiz.de/10000995372

An econometric model of employment in Zimbabwe's manufacturing industries

Ncube, Mthuli; Heshmati, Almas - 1998

Persistent link: https://www.econbiz.de/10000995377

Swedish economic growth and scholarly objectivity : an objective sociologist vs. subjective economists, or the way around?

Henrekson, Magnus (contributor) - 2000 - [Elektronische Ressource]

Walter Korpi argues in a previous issue of Challenge (March/April 2000) that Swedish economists' claim that Sweden's growth performance has been inferior to that of other industrialized countries is at odds with the facts. Since Sweden has not grown slowly relative to other countries, there is...

Persistent link: https://www.econbiz.de/10001600036