Similar Search Results

Income and happiness across Europe : do reference values matter?

Caporale, Guglielmo Maria; Georgellis, Yannis; … - 2007

Persistent link: https://www.econbiz.de/10003624017

Persistence and cyclical dependence in the monthly Euribor rate

Caporale, Guglielmo Maria; Gil-Alaña, Luis A. - 2011

This paper analyses two well-known features of interest rates, namely their time dependence and their cyclical structure. Specifically, it focuses on the monthly Euribor rate, using monthly data from January 1994 to May 2011. Models based on fractional integration at the long run or zero...

Persistent link: https://www.econbiz.de/10009380406

Inequality and Schooling Responses to Globalization Forces : Lessons from History

Williamson, Jeffrey G. - 2006

abundant Europe and the high-wage, labor scarce New World. Those global forces contributed to a reduction in unskilled labor … scarcity in the New World and to a rise in unskilled labor scarcity in Europe. Thus, it contributed to rising inequality in … overseas countries, like the United States, and falling inequality in most of Europe. Falling unskilled labor scarcity and …

Persistent link: https://www.econbiz.de/10012466110

Did Vasco da Gama Matter for European Markets? Testing Frederick Lane's Hypotheses Fifty Years Later

O'Rourke, Kevin H. - 2005

spice markets were already well integrated with those in Iberia and northern Europe, implying that Portugal could not have … relative spice prices, that is, accounting for inflation. It also draws on evidence from Iberia and northern Europe. In …

Persistent link: https://www.econbiz.de/10012466787

The Worldwide Economic Impact of the Revolutionary and Napoleonic Wars

O'Rourke, Kevin H. - 2005

The paper provides a comparative history of the economic impact of the Revolutionary and Napoleonic Wars. By focussing on the relative price evidence, it is possible to show that the conflict had major economic effects around the world. Britain's control of the seas meant that it was much less...

Persistent link: https://www.econbiz.de/10012467339

Persistence, non-linearities and structural breaks in European stock market indices

Caporale, Guglielmo Maria; Gil-Alaña, Luis A.; Poza, Carlos - 2019

This paper examines persistence, structural breaks and non-linearities in the case of five European stock market indices, namely the FTSE100 (UK), DAX30 (Germany), CAC40 (France), IBEX35 (Spain) and FTSE MIB40 (Italy), using fractional integration methods. The empirical results provide no...

Persistent link: https://www.econbiz.de/10012024535

Cycles and long-range behaviour in the European stock markets

Caporale, Guglielmo Maria; Gil-Alaña, Luis A.; Poza, Carlos - 2019

This paper uses a modelling framework which includes two singularities (or poles) in the spectral density function, one corresponding to the long-run (zero) frequency and the other to the cyclical (non-zero) frequency. The adopted specification is very general, since it allows for fractional...

Persistent link: https://www.econbiz.de/10012123055

"Around the European Periphery 1870-1913 : Globalization, Schooling and Growth"

O'Rourke, Kevin H. - 1995

On average, the poor European periphery converged on the rich industrial core in the four or five decades prior to World War I. Some, like the three Scandinavian economies, used industrialization to achieve a spectacular convergence on the leaders, especially in real wages and living standards....

Persistent link: https://www.econbiz.de/10012473475

The short-run and long-run effects of trade openness on financial development : some panel evidence for Europe

Caporale, Guglielmo Maria; Sova, Anamaria Diana; Sova, … - 2021

This paper analyses the short- and long-run effects of trade openness on financial development in a panel including data on 35 European countries over the period 2001-2019. For this purpose, it uses the PMG (pooled mean group) estimator for dynamic panels developed by Pesaran et al. (1999). The...

Persistent link: https://www.econbiz.de/10012514560

Unemployment persistence in Europe : evidence from the 27 EU countries

Caporale, Guglielmo Maria; Gil-Alaña, Luis A.; Trejo, … - 2021

This paper investigates unemployment persistence in the 27 EU member states by applying fractional integration methods to quarterly data (both seasonally adjusted and unadjusted) from 2000q1 to 2020q4. The obtained evidence points to high levels of persistence in all cases. With seasonally...

Persistent link: https://www.econbiz.de/10012668044