Showing 1 - 10 of 17
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
This is the first of a series of papers that are being written as part of a project to estimate a small quarterly Global Projection Model (GPM). The GPM project is designed to improve the toolkit for studying both own-country and cross-country linkages. In this paper, we estimate a small...
Persistent link: https://www.econbiz.de/10005263685
This is the third of a series of papers that are being written as part of a larger project to estimate a small quarterly Global Projection Model (GPM). The GPM project is designed to improve the toolkit for studying both own-country and cross-country linkages. In this paper, we estimate a small...
Persistent link: https://www.econbiz.de/10005264080
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
We derive forecast confidence bands using a Global Projection Model covering the United States, the euro area, and Japan. In the model, the price of oil is a stochastic process, interest rates have a zero floor, and bank lending tightening affects the United States. To calculate confidence...
Persistent link: https://www.econbiz.de/10008559263
This is the second of a series of papers that are being written as part of a larger project to estimate a small quarterly Global Projection Model (GPM). The GPM project is designed to improve the toolkit for studying both own-country and cross-country linkages. In this paper, we estimate a small...
Persistent link: https://www.econbiz.de/10005825847
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