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Heinemann, Friedrich (contributor) - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002040137

Consumption-based asset pricing with a reference level : new evidence from the cross-section of stock returns

Grammig, Joachim (contributor); … - 2006

This paper presents an empirical evaluation of recently proposed asset pricing models which extend the standard preference specification by a reference level of consumption. The novelty is that we use a broad cross-section of test assets, which provides a level playing field for a comparison to...

Persistent link: https://www.econbiz.de/10003328088

Agency and communication in IMF conditional lending : theory and empirical evidence

Marchesi, Silvia; Sabani, Laura; Dreher, Axel - 2009

the countries' authorities, openness, and transparency, consistently with the theory. -- IMF conditionality ; delegation …

Persistent link: https://www.econbiz.de/10003908576

Asset pricing with a reference level of consumption : new evidence from the cross-section of stock returns

Grammig, Joachim (contributor); … - 2007 - Rev. version

This paper presents an empirical evaluation of recently proposed asset pricing models which extend the standard preference specification by a reference level of consumption. We motivate an alternative model that accounts for the return on human capital as a determinant of the reference level....

Persistent link: https://www.econbiz.de/10003671149

The effect of information and communication technologies on urban structure

Ioannides, Yannis M.; Overman, Henry G.; … - 2007

Persistent link: https://www.econbiz.de/10003505310

Demand systems with unit values : a comparison of two specifications

Lahatte, Agénor; Miquel, Ruth; Laisney, François; … - 1997

The availability of quantity information along with expenditure information in some household surveys allows the estimation of price reactions on the basis of unit values. We compare two specifications that have been proposed in this context by Deaton (1990) and Crawford et al. (1997) in order...

Persistent link: https://www.econbiz.de/10011427724

The geography of inter-state resource wars

Caselli, Francesco; Morelli, Massimo; Rohner, Dominic - 2013

Persistent link: https://www.econbiz.de/10009746312

The golden hello and political transitions

Aidt, Toke; Albornoz, Facundo; Gassebner, Martin - 2012

have taken place. We test this unexplored implication of the theory empirically. We find in a world sample from 1970 to …We analyze the influence of IMF and World Bank programs on political regime transitions. We develop an extended version … transitions ; democracy ; autocracy ; IMF ; World Bank …

Persistent link: https://www.econbiz.de/10009629705

International investment positions and exchange rate dynamics

Binder, Michael; Offermanns, Christian J. - 2014

We revisit medium- to long-run exchange rate determination, focusing on the role of international investment positions. To do so, we make use of a new econometric framework accounting for conditional long-run homogeneity in heterogeneous dynamic panel data models. In particular, in our model the...

Persistent link: https://www.econbiz.de/10010414236

Carbon taxes, path dependency and directed technical change : evidence from the auto industry

Aghion, Philippe; Dechezleprêtre, Antoine; Hémous, David - 2012

Persistent link: https://www.econbiz.de/10009671328

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