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Growth, Reform Indicators and Policy Complementaries
Braga de Macedo, Jorge A.; Oliveira Martins, Joaquim - National Bureau of Economic Research (NBER) - 2006
This paper discusses the design of structural policies by relating second-best results and the complementarity of reforms. It computes a complementarity index based on structural reform indicators compiled by the EBRD for transition countries, assuming that the run-up to EU integration...
Persistent link: https://www.econbiz.de/10005084690
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Rule of Law, Democracy, Openness, and Income: Estimating the Interrelationships
Rigobon, Roberto; Rodrik, Dani - National Bureau of Economic Research (NBER) - 2004
We estimate the interrelationships among economic institutions, political institutions, openness, and income levels, using identification through heteroskedasticity (IH). We split our cross-national dataset into two sub-samples: (i) colonies versus non-colonies; and (ii) continents aligned on an...
Persistent link: https://www.econbiz.de/10005019415
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Once Again, is Openness Good for Growth?
Ricci, Luca Antonio; Rigobon, Roberto; Lee, Ha Yan - National Bureau of Economic Research (NBER) - 2004
Rodriguez and Rodrik (2000) argue that the relation between openness and growth is still an open question. One of the main problems in the assessment of the effect is the endogeneity of the relation. In order to address this issue, this paper applies the identification through heteroskedasticity...
Persistent link: https://www.econbiz.de/10005575322
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Spatial Errors in Count Data Regressions
Moser, Petra; Bertanha, Marinho - National Bureau of Economic Research (NBER) - 2014
Count data regressions are an important tool for empirical analyses ranging from analyses of patent counts to measures of health and unemployment. Along with negative binomial, Poisson panel regressions are a preferred method of analysis because the Poisson conditional fixed effects maximum...
Persistent link: https://www.econbiz.de/10010887106
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Career Progression, Economic Downturns, and Skills
Adda, Jerome; Meghir, Costas; Dustmann, Christian; … - National Bureau of Economic Research (NBER) - 2013
This paper analyzes the career progression of skilled and unskilled workers, with a focus on how careers are affected by economic downturns and whether formal skills, acquired early on, can shield workers from the effect of recessions. Using detailed administrative data for Germany for numerous...
Persistent link: https://www.econbiz.de/10010618278
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Has medical innovation reduced cancer mortality?
Lichtenberg, Frank - National Bureau of Economic Research (NBER) - 2010
I analyze the effects of four types of medical innovation and cancer incidence on U.S. cancer mortality rates during the period 2000-2009, by estimating difference-in-differences models using longitudinal (annual) data on about 60 cancer sites (breast, colon, etc.). The outcome measure used is...
Persistent link: https://www.econbiz.de/10008619309
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Inflation and Economic Growth
Barro, Robert J. - National Bureau of Economic Research (NBER) - 1995
Data for around 100 countries from 1960 to 1990 are used to assess the effects of inflation on economic performance. If … increase in average inflation by 10 percentage points per year are a reduction of the growth rate of real per capita GDP by 0 … procedures use plausible instruments for inflation, there is some reason to believe that these relations reflect causal …
Persistent link: https://www.econbiz.de/10005829462
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Dynamics of Consumer Demand for New Durable Goods
Rysman, Marc; Gowrisankaran, Gautam - National Bureau of Economic Research (NBER) - 2009
Most new consumer durable goods experience rapid prices declines and quality improvements, suggesting the importance of modeling dynamics. This paper specifies a dynamic model of consumer preferences for new durable goods with persistently heterogeneous consumer tastes, rational expectations,...
Persistent link: https://www.econbiz.de/10005720704
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Dynamic Cost-offsets of Prescription Drug Expenditures: Panel Data Analysis Using a Copula-based Hurdle Model
Deb, Partha; Trivedi, Pravin K.; Zimmer, David M. - National Bureau of Economic Research (NBER) - 2009
This paper presents a new multivariate copula-based modeling approach for analyzing cost-offsets between drug and nondrug expenditures. Estimates are based on panel data from the Medical Expenditure Panel Survey (MEPS) with quarterly measures of medical expenditures. The approach allows for...
Persistent link: https://www.econbiz.de/10005087448
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"Healthy, Wealthy and Wise?" Revisited: An Analysis of the Causal Pathways from Socio-economic Status to Health
Winter, Joachim; Stowasser, Till; Heiss, Florian; … - National Bureau of Economic Research (NBER) - 2011
Much has been said about the stylized fact that the economically successful are not only wealthier but also healthier than the less affluent. There is little doubt about the existence of this socio-economic gradient in health, but there remains a vivid debate about its source. In this paper, we...
Persistent link: https://www.econbiz.de/10009226774