Showing 1 - 10 of 105
The importance of investment in early childhood education (ECE) has been widely documented in the literature. Among the benefits, particularly for children from disadvantaged backgrounds, is its potential to mitigate educational inequality. However, some evidence also suggests that the positive...
Persistent link: https://www.econbiz.de/10014079643
Persistent link: https://www.econbiz.de/10003739011
This paper uses a modelling framework which includes two singularities (or poles) in the spectral density function, one corresponding to the long-run (zero) frequency and the other to the cyclical (non-zero) frequency. The adopted specification is very general, since it allows for fractional...
Persistent link: https://www.econbiz.de/10012859046
This paper examines persistence, structural breaks and non-linearities in the case of five European stock market indices, namely the FTSE100 (UK), DAX30 (Germany), CAC40 (France), IBEX35 (Spain) and FTSE MIB40 (Italy), using fractional integration methods. The empirical results provide no...
Persistent link: https://www.econbiz.de/10012866377
This paper examines the effects of the COVID-19 pandemic on stock returns, CDS and economic activity in the US and the five European countries (the UK, Germany, France, Italy, and Spain) which have been most affected. The sample period covers the dates from the first confirmed COVID-19 cases in...
Persistent link: https://www.econbiz.de/10013211119
is proposed. We provide a threshold estimation under the general equilibrium framework. The Keynes-Einzig conjecture … the aggregated data are used. Outside thresholds, the random process is shown from our general equilibrium estimation. Our … and the directionless moving as the threshold is reached. Behind our estimation, it shows that the threshold forms a new …
Persistent link: https://www.econbiz.de/10003886033
This paper develops a specification of the credit scoring model with high discriminatory power to analyze data on loans at the retail banking market. Parametric and non- parametric approaches are employed to produce three models using logistic regression (parametric) and one model using...
Persistent link: https://www.econbiz.de/10010265990
centuries. The political and social history of Europe provides a rich source of variation in these two variables at a regional …
Persistent link: https://www.econbiz.de/10010261295
Persistent link: https://www.econbiz.de/10010460129
Persistent link: https://www.econbiz.de/10003828499