Showing 1 - 10 of 1,227
This paper analyses the short- and long-run effects of trade openness on financial development in a panel including … financial development level of the countries considered. In particular, it appears that in the middle-income countries trade …
Persistent link: https://www.econbiz.de/10013227601
This paper applies fractional integration and cointegration methods to examine respectively the univariate properties …
Persistent link: https://www.econbiz.de/10014239604
We investigate how protectionist policies influence short-run economic growth. Our empirical strategy exploits an … extraordinary tax scandal that gave rise to an unexpected change of government in Sweden. A free-trade majority in parliament was … method to select control countries against which economic growth in Sweden can be compared. We do not find evidence …
Persistent link: https://www.econbiz.de/10013227482
We investigate the role of crude oil spot and futures prices in the process of price discovery by using a cost-of-carry model with an endogenous convenience yield and daily data over the period from January 1990 to December 2008. We provide evidence that futures markets play a more important...
Persistent link: https://www.econbiz.de/10010270503
We demonstrate that heat inhibits learning and that school air-conditioning mitigates this effect. Student fixed effects models using 10 million PSAT-retakers show hotter school days in years before the test reduce scores, with extreme heat being particularly damaging. Weekend and summer heat...
Persistent link: https://www.econbiz.de/10012892281
trade integration, exposed economies to multiple exogenous demand-side shocks. Specialization and trade integration …
Persistent link: https://www.econbiz.de/10013291318
We present experimental evidence that enabling access to universal early child care for families with lower socioeconomic status (SES) increases maternal labor supply. Our intervention provides families with customized help for child care applications, resulting in a large increase in enrollment...
Persistent link: https://www.econbiz.de/10014264150
How globalisation influences social expenditure has been examined for industrialized countries. Globalisation has often been shown to be positively associated with social expenditure in established industrialized countries, a finding that corroborates the compensation hypothesis. Scholars have...
Persistent link: https://www.econbiz.de/10012892254
monthly) are analysed using fractional integration and fractional cointegration methods. Further, recursive cointegration … exhibit long memory. There is cointegration between the ASEAN five and the US but almost none between the former and China …
Persistent link: https://www.econbiz.de/10012891049
-August 2020, the other from the ECB reporting average monthly values over the period January 1900-August 2020. The estimation …
Persistent link: https://www.econbiz.de/10013314848