Showing 1 - 10 of 21
two sides of the Atlantic – Europe and the United States. The contribution of the study is mainly empirical, trying to … Social Survey (ESS), the American General Social Survey (GSS), and the International Social Survey Program (ISSP). Estimation … indeed more religious than the populations in the receiving countries, both in Europe and in the United States; and (b) while …
Persistent link: https://www.econbiz.de/10011084585
This paper presents a modified and improved methodology for the decomposition of wage differentials between two groups … of workers into an endowment component and a discrimination component. The standard decomposition technique does not take … into the wage differential decompositions, two statistical methodologies are merged: the Oaxaca methodology and the Heckman …
Persistent link: https://www.econbiz.de/10005114210
, because rhetoric on the one hand, and content and methodology of the paper on the other, cannot be separated easily. We … productivity constant. We analyse close to 200 papers to investigate what drives authors to talk about ‘discrimination’, whether …
Persistent link: https://www.econbiz.de/10005661487
employs a novel methodology that incorporates a dynamic panel estimator, and Bayesian Model Averaging to explicitly account …
Persistent link: https://www.econbiz.de/10005264072
smaller samples. We propose modifying their methodology to deal with small samples by using Monte Carlo simulations to …
Persistent link: https://www.econbiz.de/10005264217
Using the FEER approach we investigate the long-run equilibrium paths of the real effective exchange rates (REERs) of countries in the West African Economic and Monetary Union (WAEMU). In an attempt to address econometric estimation uncertainty, we employ both single-country (Johansen and ARDL)...
Persistent link: https://www.econbiz.de/10005826283
Many estimates of early-warning-system (EWS) models of currency crisis have reported incorrect standard errors because of serial correlation in the context of panel probit regressions. This paper documents the magnitude of the problem, proposes and tests a solution, and applies it to previously...
Persistent link: https://www.econbiz.de/10005768958
Since 1999, the IMF's staff has been tracking several early-warning-system (EWS) models of currency crisis. The results have been mixed. One of the long-horizon models has performed well relative to pure guesswork and to available non-model-based forecasts, such as agency ratings and private...
Persistent link: https://www.econbiz.de/10005768990
This paper revisits the cross-country growth empirics debate using a novel Limited Information Bayesian Model Averaging framework to address model uncertainty in the context of a dynamic growth model in panel data with endogenous regressors. Our empirical findings suggest that once model...
Persistent link: https://www.econbiz.de/10008497604
This paper explores and quantifies several aspects of the performance of currency unions using an augmented version of the gravity model and focusing on two samples, the world and Africa. Our empirical findings suggest that, in principle, membership in a currency union should benefit Africa as...
Persistent link: https://www.econbiz.de/10005599381