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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 …. The empirical analysis is based on a large panel-data set including 124 countries during the period from 1950 to 2004. For … developing countries. -- Inflation Thresholds ; Inflation and Growth ; Dynamic Panel Threshold Model …
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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....
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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 …
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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 … rather strong support for purchasing power parity in environments of limited negative net foreign asset to GDP positions …
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