Similar Search Results

Estimation of short dynamic panels in the presence of cross-sectional dependence and dynamic heterogeneity

Gilhooly, Robert; Weale, Martin; Wieladek, Tomasz - 2012

heterogeneity which is suitable for inference in short panels, unlike alternative estimators. Monte Carlo simulations indicate that …

Persistent link: https://www.econbiz.de/10009680588

Anti-corruption campaign in China : an empirical investigation

Yang, Li; Milanović, Branko; Lin, Yaoqi - 2023

database of officials who have been found guilty of corruption in China in the period 2012-21 with their personal … characteristics and the amount of embezzled funds. We use it to investigate the correlates of corruption, estimate the effects of … corruption on inequality, and find the expected increase in officials’ income due to corruption and the gain in income …

Persistent link: https://www.econbiz.de/10014440105

Central bank independence and sovereign debt crisis. Any link?

Heimonen, Kari; Maslowska-Jokinen, Aleksandra - 2014

In this paper we ask if central bank independence could lead to a bad fiscal position of some countries. Introducing autonomous central bank without changing other policy habits could expose the country to greater temptation to borrow money. We think that introducing high degree of CBI creates...

Persistent link: https://www.econbiz.de/10012503047

Regional differences in housing price dynamics: Panel data evidence

Oikarinen, Elias; Engblom, Janne - 2014

In this study, regional differences in housing price dynamics are examined empirically using panel data models. We concentrate on examining the momentum dynamics and the reversion speed towards fundamental price level. The analysis can be seen as a test for the validity of conventionally used...

Persistent link: https://www.econbiz.de/10012503048

The evolution of economic convergence in the European Union

Borsi, Mihály Tamás; Metiu, Norbert - 2013

This paper investigates economic convergence in real income per capita between 27 European Union countries. We employ a non-linear latent factor framework to study transitional behavior among economies between 1970 and 2010. Our results offer important insights on the economic catch-up exhibited...

Persistent link: https://www.econbiz.de/10009784195

Credit risk interconnectedness : what does the market really know?

Abbassi, Puriya; Brownlees, Christian; Hans, Christina; … - 2016

We analyze the relation between market-based credit risk interconnectedness among banks during the crisis and the associated balance sheet linkages via funding and securities holdings. For identification, we use a proprietary dataset that has the funding positions of banks at the bank-to-bank...

Persistent link: https://www.econbiz.de/10011456511

Globalization and international business cycle dynamics : a conditional GVAR approach

Binder, Michael; Offermanns, Christian J. - 2014

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

Foreign aid and revenue response : an examination of joint General Budget Support

Knoll, Martin - 2011

The present paper explores the extent to which new joint General Budget Support (GBS) systems have been able to overcome the problems of aid dependency and negative fiscal incentives that can potentially result from high levels of on-budget aid. As approximately 90 percent of new joint GBS goes...

Persistent link: https://www.econbiz.de/10009405113

Macroprudential policy and the sovereign-bank nexus in the euro area

Hristov, Nikolay; Hülsewig, Oliver; Kolb, Benedikt - 2021

We explore how changes in capital-based macroprudential regulation affect theexposure of national banking sectors to domestic government debt in the euro area,thus strengthening or weakening the sovereign-bank nexus. To do so, we construct ameasure of macroprudential policy based on...

Persistent link: https://www.econbiz.de/10012623677

Challenges and opportunities for the sustainable development of cattle raising in Brazil

Reis, Eustáquio José - 2016

The paper provides historical and analytical perspectives for the assessment of the challenges and opportunities of cattle raising activities in the transition towards a lowcarbon agriculture in Brazil. It is organized as follows. The next section presents long run historical perspectives on the...

Persistent link: https://www.econbiz.de/10012060000

1
2
3
4
5
6
7
8
9
10
Next
Last