Showing 1 - 10 of 408
This analysis provides evidence for the costs housing crises induce in terms of GDP growth and under what circumstances these crises are particularly costly. Housing crises are often followed by recessions that are longer and deeper than other recessions. According to empirical estimates,a...
Persistent link: https://www.econbiz.de/10005258422
international development cooperation. We employ panel cointegration and causality techniques to analyze the interactions between … donations in the long run, whereas commercial revenues crowd out donations in the long run. Moreover, our panel vector error …
Persistent link: https://www.econbiz.de/10010886872
bootstrap. Simulation evidence shows that the proposed panel tests improve considerably on asymptotic tests applied to … individual series. As an empirical illustration we examined investment and saving for a panel of 14 European countries over the … cases do not reject the null of stability, the bootstrap panel tests lead to the more plausible conclusion that the long …
Persistent link: https://www.econbiz.de/10005083385
prices), which is typically ignored in existing empirical studies. We use time series and up-to-date panel data techniques to …
Persistent link: https://www.econbiz.de/10005083403
This paper examines the long-run effect of FDI on health in developed countries. Using panel cointegration techniques …
Persistent link: https://www.econbiz.de/10009653070
This paper argues that previous cross-country (panel) studies on the relationship between income inequality and health …-country heterogeneity in the impact of inequality on health. Using panel cointegration techniques that are robust to omitted variables …
Persistent link: https://www.econbiz.de/10009320183
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/10009416984
been only a few analyses looking at this question empirically. The present study focuses on a panel of 27 transition and 20 … Western European countries between 1990 and 2006 and uses the latest developments in panel unit root and cointegration testing …
Persistent link: https://www.econbiz.de/10005755110
This study employs state-level panel data to explore the relationship between inward foreign direct investment (FDI …) and income inequality in the United States. Using panel cointegration techniques that allow for cross …
Persistent link: https://www.econbiz.de/10008478301
countries than for health in poorer countries. Employing panel cointegration and conventional panel regressions, we find that …
Persistent link: https://www.econbiz.de/10010961612