Showing 1 - 10 of 62
The lack of success of past strategies in reducing poverty has raised doubts as to whether these strategies were really … social life, besides the various forms of deprivation – which even further reduce their chance of rising out of poverty …
Persistent link: https://www.econbiz.de/10011074133
Les sociétés égalitaires sont-elles en meilleure santé ? Plusieurs études récentes ont mis en évidence à partir de données agrégées une corrélation entre inégalités de revenu et espérance de vie. Cet article explore à partir de données de mortalité individuelles françaises les...
Persistent link: https://www.econbiz.de/10011072717
This research work focuses on the multiple agents of access to law and justice for the poor. In the current context marked by the globalization of capitalism, we witness the ever growing judiciarisation of society which seems to result from the former phenomenon; people increasingly seek to be...
Persistent link: https://www.econbiz.de/10011074686
cointegration tests. Our results support the hypothesis that the adjustment back to equilibrium is asymmetric. …
Persistent link: https://www.econbiz.de/10010861567
This paper develops two nonlinear cointegration models - a VECM with structural shift and a threshold cointegration … threshold cointegration models. We find strong error-correction effects for the carbon futures price. Asymmetry is implied in …
Persistent link: https://www.econbiz.de/10010706371
This paper studies the nonlinear adjustment between industrial production and carbon prices – coined as ‘the carbon-macroeconomy relationship’ – in the EU 27. We model carbon price returns and industrial production as nonlinear and state-dependent, with dynamics depending on the sign and...
Persistent link: https://www.econbiz.de/10010706442
In this paper, we check the hypothesis of a time varying cointegration relation between four industrial countries' per … the hypothesis of time evolving cointegration in all cases. Tests on the parameters of these cointegration relations show …
Persistent link: https://www.econbiz.de/10010707010
This article assesses the cross-market linkages between commodities, stocks and bonds in a cointegration framework …
Persistent link: https://www.econbiz.de/10010707610
CER price series, by using vector autoregression, impulse response function, and cointegration analysis on daily data from …
Persistent link: https://www.econbiz.de/10010707645
This paper uses a stylised asset-pricing model to show that sunspots may cause asset returns to be predictable, a widely documented feature of many speculative markets. This result parallels and extends previous works showing that sunspots render asset prices excessively volatile.
Persistent link: https://www.econbiz.de/10010905155