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We introduce a dynamic panel threshold model to shed new light on the impact of inflation on long-term economic growth … developing countries. -- Inflation Thresholds ; Inflation and Growth ; Dynamic Panel Threshold Model …. The empirical analysis is based on a large panel-data set including 124 countries during the period from 1950 to 2004. For …
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affects financial development. This is done with cross-sectional and panel analysis, using an instrument for credit demand …
Persistent link: https://www.econbiz.de/10010433905
This study finds that equity returns in the banking sector in the wake of the Great Recession and the European sovereign debt crisis have been driven mainly by weak growth prospects and heightened sovereign risk and to a lesser extent, by deteriorating funding conditions and investor sentiment....
Persistent link: https://www.econbiz.de/10010128764
using spatial panel data models. The spatial scales examined are minimum comparable areas, micro-regions, meso-regions and … states over the period between 1970 and 2000. Alternative spatial panel data models with fixed effects were systematically …
Persistent link: https://www.econbiz.de/10012056555
financing. I construct a novel panel data set for 34 high income countries over the time period from 1995 to 2014 based on …
Persistent link: https://www.econbiz.de/10011962798
We examine the effects of increased international integration of both goods and financial markets on business cycle dynamics. To do so, we develop a new econometric framework for modelling cross-country spillovers in which the magnitude of these spillovers is an empirically determined function...
Persistent link: https://www.econbiz.de/10010414228
dynamic panel data models. In particular, in our model the long-run relationship between effective exchange rates and domestic …
Persistent link: https://www.econbiz.de/10010414236
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