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and economic growth. We make use of a Johansen-based panel cointegration methodology allowing for cross-country dependence … 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 …
Persistent link: https://www.econbiz.de/10010223077
panel cointegration framework. Besides the traditional determinants of cash demand like transactions balances and …
Persistent link: https://www.econbiz.de/10012291866
within a panel cointegration framework. Besides the total net issues, we distinguish between large, medium and small euro … purposes, we also present panel results for eight non-euro area countries (Australia, Canada, Japan, Norway, Sweden …
Persistent link: https://www.econbiz.de/10011872942
specified and fail to consider the influence of cross-sectional dependence, non-stationarity and cointegration. Using a panel …We examine the effect of population size on government size for a panel of 130 countries for the period between 1970 …
Persistent link: https://www.econbiz.de/10011990048
by applying "gsecond generation" panel cointegration techniques. A unique identification strategy for the selection of … sub-panels improves the robustness of panel cointegration tests and reveals that Laender finances are hardly sustainable. …
Persistent link: https://www.econbiz.de/10010388585
price of gold coin is an important factor in cost-benefit analysis for individuals in their marriage and divorce decisions …The increasing divorce rate has become a major social concern for policy makers in the Islamic government of Iran. The … signing the marriage contract. Increasing the price of gold coin may intensify the internal stress and struggles within …
Persistent link: https://www.econbiz.de/10011793884
We present an equilibrium model of inter-linked frictional labour and marriage markets. In the marital market, men and … the labour market unemployed men carry out a constrained sequential search for jobs. We establish that when divorce … (initiated by women) is an option, in an equilibrium with male marriage premium married men have a higher reservation wage than …
Persistent link: https://www.econbiz.de/10014541634
risk sharing is one benefit to marriage it is also limited by divorce risk. With search in the marriage market there may be … multiple equilibria diering not only in divorce rates but also in the role of marriage in providing informal insurance …
Persistent link: https://www.econbiz.de/10011399734
occupational outcomes, marriage, and fertility that are similar across census waves. Our results indicate that the returns to …
Persistent link: https://www.econbiz.de/10014528214
marriage as well as for a precautionary savings motive. …
Persistent link: https://www.econbiz.de/10011409730