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The literature that tests for U-shaped relationships using panel data, such as those between pollution and income or …
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consumption.Next, we estimate this dynamic consumption equation for a panel of 15 OECD countries over the period 1972-2007 taking … simulations. The estimation results support the labour-consumption complementarity hypothesis but not the other forms of …
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and knowledge. In this paper, we use a panel data set of 40 countries from 1981 to 2008 and a negative binomial model …
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This paper studies the relationship between the change in the unemployment rate and output growth using an approach based on labor market flows. The framework shows why the Okun coefficient may be constant/time-varying and/or symmetric/asymmetric and that the outcome lies with the behavior of...
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