Showing 1 - 10 of 187
This paper considers the statistical analysis of large panel data sets where even after conditioning on common observed … dependence. It is then established that the Common Correlated Effects (CCE) estimator of panel data model with a multifactor …
Persistent link: https://www.econbiz.de/10005703218
The presence of cross-sectionally correlated error terms invalidates much inferential theory of panel data models … for stationary panel regressions with multifactor error structure. This paper extends this work and examines the important …
Persistent link: https://www.econbiz.de/10005763482
In this paper we discuss tests for residual cross section dependence in nonlinear panel data models. The tests are … based on average pair-wise residual correlation coefficients. In nonlinear models, the definition of the residual is …
Persistent link: https://www.econbiz.de/10005703526
The time-series approach used in the minimum wage literature essentially aims to estimate a treatment effect of increasing the minimum wage. In this paper, we employ a novel approach based on aggregate time-series data that allows us to determine if minimum wage changes have significant effects...
Persistent link: https://www.econbiz.de/10008568293
This paper provides new evidence on the nature of occupational differences in unemployment dynamics, which is relevant for the debate between the structural or hysteresis hypotheses. We develop a procedure that permits us to test for the presence of a structural break at unknown date. Our...
Persistent link: https://www.econbiz.de/10005822105
After independence, the GCC countries relied heavily on foreign workers from fellow Arab countries. Thus, remittances flowed from GCC to other countries in MENA. In the 1980s-1990s labor source switched to South Asia; so did the flow of remittances. This paper examines the consequences of the...
Persistent link: https://www.econbiz.de/10010959636
has been roughly stable over the last decades. Lastly, we estimate the intergenerational correlation of earnings. …
Persistent link: https://www.econbiz.de/10010598554
This paper aims to shed light on the role of the ’ideology’ of political parties in shaping the evolution of the welfare state in 18 developed democracies, by providing empirical findings on the determinants of social programs entitlements and social spending over the period 1981-1999. The...
Persistent link: https://www.econbiz.de/10005703265
This paper provides a critical overview and a detailed research agenda for scholars interested in regional studies with a special focus on old and new European Union member states. The focus is on the microeconomic foundations of structural change and its spatially asymmetric impact on labour...
Persistent link: https://www.econbiz.de/10005763702
We study a multi-sector model of growth with differences in TFP growth rates across sectors and derive sufficient conditions for the coexistence of structural change, characterized by sectoral labor reallocation, and balanced aggregate growth. The conditions are weak restrictions on the utility...
Persistent link: https://www.econbiz.de/10005822522