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Nonparametric regression is developed for data with both a temporal and a cross-sectional dimension. The model includes additive, unknown, individual-specific components and allows also for cross-sectional and temporal dependence and conditional heteroscedasticity. A simple nonparametric...
Persistent link: https://www.econbiz.de/10011268330
This paper studies cross-country patterns of economic growth from the viewpoint of income distribution dynamics. Such a perspective raises new empirical and theoretical issues in growth analysis: the profound empirical regularity is an \emerging twin peaks" in the cross-sectional distribution,...
Persistent link: https://www.econbiz.de/10010928725
A dynamic panel data model is considered that contains possibly stochastic individual components and a common …
Persistent link: https://www.econbiz.de/10011171755
How and by how much do supervisors enhance worker productivity? Using a company-based data set on the productivity of technology-based services workers, supervisor effects are estimated and found to be large. Replacing a boss who is in the lower 10% of boss quality with one who is in the upper...
Persistent link: https://www.econbiz.de/10011126013
This paper models uctuations in regional disaggregates as a nonsta- tionary, dynamically evolving distribution. Doing so enables study of the dynamics of aggregate uctuations jointly with those of the rich cross-section of regional disaggregates. For the US, the leading state| regardless of...
Persistent link: https://www.econbiz.de/10010928698
. Finally we use panel VAR techniques to investigate the relationships between the factors that characterise financial fragility …
Persistent link: https://www.econbiz.de/10010745512
Recent theoretical and empirical work has demonstrated a clear negative link between macroeconomic and political uncertainty and levels of private investment across countries. This result raises the question what institutions might help reduce this uncertainty, in particular by allowing host...
Persistent link: https://www.econbiz.de/10010745744
This study uses a longitudinal data source to study the effects of conflict-induced displacement on labour market outcomes for Bosnians in post-war Bosnia and Herzegovina. To account for endogeneity in the displacement status, I exploit the fact that the level of violence in the pre-war...
Persistent link: https://www.econbiz.de/10010746697
This paper develops consistency and asymptotic normality of parameter estimates for a higher-order spatial autoregressive model whose order, and number of regressors, are allowed to approach infinity slowly with sample size. Both least squares and instrumental variables estimates are examined,...
Persistent link: https://www.econbiz.de/10011171757
autoregressive spatial lag panel data model with spatially correlated disturbances. In the spirit of Arellano and Bond (1991) and …
Persistent link: https://www.econbiz.de/10011125930