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We examine both the degree and the structural stability of inflation persistence at different quantiles of the conditional inflation distribution. Previous research focused exclusively on persistence at the conditional mean of the inflation rate. As economic theory provides reasons for inflation...
Persistent link: https://www.econbiz.de/10010905561
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
This paper examines the long-run effect of foreign aid on income inequality for 21 recipient countries using panel …
Persistent link: https://www.econbiz.de/10010886909
such impacts. We estimated output equations using a dynamic panel model for the Mexican fisheries sector with data from …
Persistent link: https://www.econbiz.de/10010956022
In the presence of selection bias, traditional estimators of pseudo panel data are inconsistent. In this paper, the … authors derive the conditions under which consistence is achieved in pseudo-panel estimation and propose a simple test of … of the null hypothesis, the authors can consistently estimate pseudo-panel parameters. They use cross sections and pseudo-panel …
Persistent link: https://www.econbiz.de/10010956040
The paper investigates the relationship between tax revenues and literacy level, using a panel-model approach. The …
Persistent link: https://www.econbiz.de/10010956043
general equilibrium model, they back out the weight for leisure for an unbalanced panel of 52 countries over the period from … 1950 to 2009. Then, the authors perform several panel data regressions using the backed-out values of the preference for …
Persistent link: https://www.econbiz.de/10010956054
There is a well-established literature on border effects covering trade between regions separated by a land border; however that literature has not so far considered the case of regions separated by a sea border. Whilst the former is typically studied as a political border that affects adjacent...
Persistent link: https://www.econbiz.de/10010956055
have a positive impact on the subsidiaries' performance. Based on panel data estimations for subsidiaries of European …
Persistent link: https://www.econbiz.de/10011263000
This paper evaluates the effect of AIDS-related mortality on per-capita incomes of surviving household members, using a large nationally representative sample of rural households from Zambia. To minimize selection bias that may arise because AIDS is likely to be the endogenous outcome of...
Persistent link: https://www.econbiz.de/10005079109