Showing 1 - 10 of 1,159
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 …
Persistent link: https://www.econbiz.de/10003876000
of democracies on economic institutional quality increases in people's human capital. Using a panel data set that covers …
Persistent link: https://www.econbiz.de/10013342090
Recent empirical work has established that 'democracy causes growth'. In this paper, we determine the underlying institutions which drive this relationship using data from the Varieties of Democracy project. We sketch how incentives and opportunities as well as the distribution of political...
Persistent link: https://www.econbiz.de/10014334859
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
In this paper, we analyze the growth effects of historical and biological ancestry, diversity and financial development in transition economies. We show that the common indicators of ethnolinguistic fractionalization, state history and genetic distance yield significant results and to some...
Persistent link: https://www.econbiz.de/10011596107
We propose a Bayesian approach to dynamic panel estimation in the presence of cross-sectional dependence and dynamic … by estimating a panel VAR on sector level data for labour productivity and hours worked growth for Canada, Germany …
Persistent link: https://www.econbiz.de/10009680588
We study cross-country differences in monetary policy transmission across the large four euro-area countries (France, Germany, Italy and Spain) using a large Bayesian vector autoregressive model with endogenous prior selection. Drawing both on the posterior distributions of the cross-country...
Persistent link: https://www.econbiz.de/10011444752
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
This paper considers factor estimation from heterogenous data, where some of the variables are noisy and only weakly informative for the factors. To identify the irrelevant variables, we search for zero rows in the loadings matrix of the factor model. To sharply separate these irrelevant...
Persistent link: https://www.econbiz.de/10009674269
Persistent link: https://www.econbiz.de/10015047395