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~institution:"National Bureau of Economic Research"
~isPartOf:"Discussion paper / Centre for Economic Policy Research"
~isPartOf:"Journal of econometrics"
~isPartOf:"Labour economics : official journal of the European Association of Labour Economists"
~isPartOf:"NBER working paper series"
~isPartOf:"Research papers / Leverhulme Centre for Research on Globalisation and Economic Policy"
~isPartOf:"Study paper"
~person:"Branson, William H."
~person:"Cumby, Robert E."
~person:"Egger, Peter"
~person:"Francois, Joseph F."
~person:"Hartog, Joop"
~person:"Heckman, James J."
~person:"Henry, Michael"
~person:"Ito, Takatoshi"
~person:"Marcellino, Massimiliano"
~person:"Sala-i-Martin, Xavier"
~person:"van Wincoop, Eric"
~subject:"Bildungsertrag"
~subject:"Exchange rate"
~subject:"Internationale Wirtschaft"
~subject:"Returns to education"
~subject:"Schätzung"
~subject:"Ökonometrisches Modell"
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Branson, William H.
Cumby, Robert E.
Egger, Peter
Francois, Joseph F.
Hartog, Joop
Heckman, James J.
Henry, Michael
Ito, Takatoshi
Marcellino, Massimiliano
Sala-i-Martin, Xavier
van Wincoop, Eric
Rose, Andrew K.
26
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19
Engel, Charles
17
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15
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15
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12
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12
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10
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10
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10
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9
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9
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8
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8
Dornbusch, Rudiger
8
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8
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8
Razin, Assaf
8
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8
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7
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7
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7
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7
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7
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7
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6
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6
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6
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Study paper
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1
Determinants of Long-Term Growth : A Bayesian Averaging of Classical Estimates (BACE) Approach
Doppelhofer, Gernot
-
2000
This paper examines the robustness of explanatory variables in cross-country economic growth regressions. It employs a novel approach, Bayesian Averaging of Classical Estimates (BACE), which constructs estimates as a weighted average of OLS estimates for every possible combination of included...
Persistent link: https://www.econbiz.de/10012471000
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2
Heterogeneous Expectations and Tests of Efficiency in the Yen/Dollar Forward Foreign Exchange Rate Market
Elliott, Graham
-
1995
This paper examines the efficiency of the forward yen/dollar market using micro survey data. We first argue that the conventional tests of efficiency (unbiasedness) of the forward rate or of the survey forecasts do not correspond directly to the zero-profit condition. Instead, we use the survey...
Persistent link: https://www.econbiz.de/10012473491
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3
Consumption Risk and International Asset Returns : Some Empirical Evidence
Cumby, Robert E.
-
1987
The paper examines if real stock returns in four countries are consistent with consumption-based models of international asset pricing. The paper finds that ex-ante real stock returns exhibit statistically significant fluctuations over time and that these fluctuations cannot be explained by...
Persistent link: https://www.econbiz.de/10012476685
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4
Currency Baskets and Real Effective Exchange Rates
Branson, William H.
-
1981
With the major currencies continuously moving (if not floating freely) against each other, a country that does not choose to float must decide what to peg to. If it pegs to the SDR it floats against all currencies. Thus in the system begun in the early 1970s the very concept of a fixed exchange...
Persistent link: https://www.econbiz.de/10012478455
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5
Random Walk or A Run : Market Microstructure Analysis of the Foreign Exchange Rate Movements based on Conditional Probability
Hashimoto, Yuko
-
2008
Using tick-by-tick data of the dollar-yen and euro-dollar exchange rates recorded in the actual transaction platform, a "run" -- continuous increases or decreases in deal prices for the past several ticks -- does have some predictable information on the direction of the next price movement. Deal...
Persistent link: https://www.econbiz.de/10012464487
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6
Trade Costs
Anderson, James E.
-
2004
goods within countries, much of which makes economic sense.
Theory
looms large in our survey, providing interpretation and … and interpret gravity
theory
properly and to handle aggregation appropriately …
Persistent link: https://www.econbiz.de/10012468213
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7
Social Security and Democracy
Mulligan, Casey B.
-
2002
Many political economic theories use and emphasize the process of voting in their explanation of the growth of Social Security, government spending, and other public policies. But is there an empirical connection between democracy and Social Security program size or design? Using some new...
Persistent link: https://www.econbiz.de/10012469756
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8
The
World
Distribution of Income (estimated from Individual Country Distributions)
Sala-i-Martin, Xavier
-
2002
We estimate the
world
distribution of income by integrating individual income distributions for 125 countries between … hosted 11% of the
world
's poor in 1960. It hosted 66% of them in 1998. We estimate nine indexes of income inequality implied … by our
world
distribution of income. All of them show substantial reductions in global income inequality during the 1980s …
Persistent link: https://www.econbiz.de/10012469781
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9
Short-run and Long-run Expectations of the Yen/Dollar Exchange Rate
Ito, Takatoshi
-
1993
The survey data on the yen/dollar exchange rate, collected twice a month for eight years from 1985 to 1993, shows the following features. First, the expected exchange rate changes in the short horizon (one month) are of the band-wagon type while the expected changes in the long horizon (three to...
Persistent link: https://www.econbiz.de/10012474397
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10
Shining a Light on Purchasing Power Parities
Pinkovskiy, Maxim
-
2018
study of PPP-adjusted estimates of GDP around the
world
between 1992 and 2010. First, we find that while market exchange … optimal. Using data from the Penn
World
Tables, we find that, indeed, it is optimal to only use the latest price data, and …
Persistent link: https://www.econbiz.de/10012453295
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