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Measuring Persistence of the World Population: A Fractional Integration Approach
Caporale, Guglielmo Maria; Infante, Juan; del Rio, Marta; … - 2023
This paper uses fractional integration methods to measure the degree of persistence in historical annual data on the world population over the period 1800-2016. The analysis is carried out for the original series, and also for its log transformation and its growth rate. The results indicate that...
Persistent link: https://www.econbiz.de/10014290196
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Persistence in UK Historical Data on Life Expectancy
Caporale, Guglielmo Maria; Infante, Juan; del Rio, Marta; … - 2023
This paper provides estimates of persistence in historical UK data on life expectancy applying fractional integration methods to both an annual series from 1842 to 2019 and a 5-year average from 1543 to 2019. The results indicate that the former exhibits an upward trend and is persistent but...
Persistent link: https://www.econbiz.de/10014290197
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Persistence in UK Historical Data on Life Expectancy
Caporale, Guglielmo Maria; Infante, Juan; Rio, Marta del; … - 2023
This paper provides estimates of persistence in historical UK data on life expectancy applying fractional integration methods to both an annual series from 1842 to 2019 and a 5-year average from 1543 to 2019. The results indicate that the former exhibits an upward trend and is persistent but...
Persistent link: https://www.econbiz.de/10014260704
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Measuring Persistence of the World Population : A Fractional Integration Approach
Caporale, Guglielmo Maria; Infante, Juan; Rio, Marta del; … - 2023
This paper uses fractional integration methods to measure the degree of persistence in historical annual data on the world population over the period 1800-2016. The analysis is carried out for the original series, and also for its log transformation and its growth rate. The results indicate that...
Persistent link: https://www.econbiz.de/10014260705
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Matching as a cure for underprovision of voluntary public good supply: Analysis and an example
Buchholz, Wolfgang; Cornes, Richard; Rübbelke, Dirk - 2011
Matching mechanisms are regarded as an important instrument to bring about Pareto optimal allocations in a public good … interior matching equilibrium, however, emerges only under very special conditions. But we show in this note that corner …
Persistent link: https://www.econbiz.de/10010274970
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Potentially harmful international cooperation on global public good provision
Buchholz, Wolfgang; Cornes, Richard; Rübbelke, Dirk - 2012
-called matching approaches. Matching schemes are regarded as providing a promising approach to overcome undersupply of public goods … like climate protection. The functioning of matching mechanisms in a setting with an incomplete agreement, i.e. a contract … by analyzing incomplete matching agreements in the context of international climate protection. We analyse their effect …
Persistent link: https://www.econbiz.de/10010283595
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Is monetary policy in the Eurozone less effective than in the US?
De Grauwe, Paul; Storti, Cláudia Costa - 2005
There is a wide consensus that the existence of structural rigidities in the Eurozone reduces the effectiveness of the ECB's monetary policies. In order to test this ?ECB-handicap? hypothesis, we perform a meta-analysis of the effects of monetary policies in the US and the Eurozone countries....
Persistent link: https://www.econbiz.de/10010276746
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The effects of monetary policy : a meta-analysis
De Grauwe, Paul; Costa Storti, Cláudia - 2004
In this paper we perform a meta-analysis of the effects of monetary policies on output and prices. We use a sample of published papers on the effects of monetary policies in different countries. There is a large variation in the estimated effects of monetary policies on output and prices. We...
Persistent link: https://www.econbiz.de/10010261220
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Pareto Improvement through Unilateral Matching of Public Good Contributions: The Role of Commitment
Buchholz, Wolfgang; Cornes, Richard; Peters, Wolfgang; … - 2014
When providing public goods through voluntary contributions, a donor may introduce unilateral matching in order to … reduce underprovision of the public good and thus inefficiency. By itself, however, matching benefits the donor but harms the …
Persistent link: https://www.econbiz.de/10010398655
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Long-Run Linkages between US Stock Prices and Cryptocurrencies : A Fractional Cointegration Analysis
Caporale, Guglielmo Maria; de Dios Mazariegos, José Javier - 2022
This paper applies fractional integration and cointegration methods to examine respectively the univariate properties of the four main cryptocurrencies in terms of market capitalization (BTC, ETH, USDT, BNB) and of four US stock market indices (S&P500, NASDAQ, Dow Jones and MSCI for emerging...
Persistent link: https://www.econbiz.de/10014239604