Similar Search Results

What Drives Financial Development? A Meta-Regression Analysis

Doucouliagos, Chris; de Haan, Jakob; Sturm, Jan-Egbert - 2020

robustly established that remittances and trust matter for financial development. …

Persistent link: https://www.econbiz.de/10012269426

Stock Markets, Banks and Long Run Economics Growth: A Panel Cointegration-Based Analysis

Cavenaile, Laurent; Gengenbach, Christian; Palm, Franz - 2013

the direction of potential causality between financial and economic development. Our results conclude to the existence of … a single cointegrating vector between financial development and growth and of causality going from financial development … to economic growth. We find little evidence of reverse causation as well as bi-directional causality. We interpret this …

Persistent link: https://www.econbiz.de/10010328841

Does Development Aid Increase Military Expenditure?

Langlotz, Sarah; Potrafke, Niklas - 2016

The diversion of development aid to the recipient's military may be one explanation why aid is often found to be ineffective in promoting economic growth and development. Previous studies have not derived the causal effects of development aid on military expenditure. Using a new instrumental...

Persistent link: https://www.econbiz.de/10011555530

Individual Investments in Education and Health: Policy Responses and Interactions

Carbone, Jared C.; Kverndokk, Snorre - 2016

Empirical studies show that years of schooling are positively correlated with good health. The implication may go from education to health, from health to education, or from factors that influence both variables. We formalize a model that determines an individual's demand for knowledge and...

Persistent link: https://www.econbiz.de/10011555595

Bitcoin and web search query dynamics: is the price driving the hype or is the hype driving the price?

Süssmuth, Bernd - 2019

search queries with regard to their mutual predictability, Granger-causality and cause-effect delay structure. The Bitcoin is … relatively high frequencies ranging from two to five months. In the other direction, causality runs from the cryptocurrency price … measure for the relevant frequency bands with significant causality ranges from slightly more than one month to about four …

Persistent link: https://www.econbiz.de/10012052781

The Causal Effect of Trust

Bartling, Björn; Fehr, Ernst; Huffman, David B.; … - 2018

Trust affects almost all human relationships – in families, organizations, markets and politics. However, identifying the conditions under which trust, defined as people’s beliefs in the trustworthiness of others, has a causal effect on the efficiency of human interactions has proven to be...

Persistent link: https://www.econbiz.de/10011932074

Franchise Extension and Fiscal Structure in the United Kingdom 1820-1913: A New Test of the Redistribution Hypothesis

Aidt, Toke; Winer, Stanley L.; Zhang, Peng - 2020

increase in state-sponsored redistribution. We adopt a novel method of uncovering causality from non-experimental data proposed …

Persistent link: https://www.econbiz.de/10012207879

The Intergenerational Transmission of Cognitive Skills: An Investigation of the Causal Impact of Families on Student Outcomes

Hanushek, Eric A.; Jacobs, Babs; Schwerdt, Guido; van … - 2021

The extensive literature on intergenerational mobility highlights the importance of family linkages but fails to provide credible evidence about the underlying family factors that drive the pervasive correlations. We employ a unique combination of Dutch survey and registry data that links math...

Persistent link: https://www.econbiz.de/10012799688

Bayesian Estimation of Epidemiological Models: Methods, Causality, and Policy Trade-Offs

Arias, Jonas E.; Fernández-Villaverde, Jesús; … - 2021

We present a general framework for Bayesian estimation and causality assessment in epidemiological models. The key to … distribution. We show how to use the posterior simulation outputs as inputs for exercises in causality assessment. We apply our …

Persistent link: https://www.econbiz.de/10012582040

Are We Fragmented Yet? Measuring Geopolitical Fragmentation and Its Causal Effects

Fernández-Villaverde, Jésus; Mineyama, Tomohide; … - 2024

After decades of rising global economic integration, the world economy is now fragmenting. To measure this phenomenon, we introduce an index of geopolitical fragmentation derived from various empirical indicators. This index is developed using a flexible dynamic factor model with time-varying...

Persistent link: https://www.econbiz.de/10015047292