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The literature that tests for U-shaped relationships using panel data, such as those between pollution and income or …
Persistent link: https://www.econbiz.de/10011372978
for the validity of the monetary exchange rate modelwithin a panel of vector error correction models for three …
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This paper proposes a time-weighted difference-in-differences (TWDID) estimation approach that is robust against … DID estimation through balancing the pre-treatment and post-treatment unobserved common factors. To conduct valid … estimation uncertainty. Revisiting a study on the effect of a cap-and-trade program on NOx emissions, TWDID estimation reduces …
Persistent link: https://www.econbiz.de/10013540632
This paper uses monthly data from April 2005 to August 2013 for Taiwan to propose a novel tourism indicator, namely the Tourism Conditions Index (TCI). TCI accounts for the spillover weights based on the Granger causality test and estimates of the multivariate BEKK model for four TCI indicators...
Persistent link: https://www.econbiz.de/10010227695
pooled timeseries estimation on a forward-looking monetary model, resulting inparameter estimates which are in compliance … with the underlyingtheory. Based on a panel version of the Engle and Granger (1987) two-stepprocedure we find that the … residuals of our pooled estimated modelare stationary. This indicates that on a pooled time series levelthere is cointegration …
Persistent link: https://www.econbiz.de/10011299983
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Section 4 we demonstrate that in this extended setup Probit - estimation on panel data sets does not pose a specific problem …Mundlak (1978) proposed the addition of time averages to the usual panel equation in order to remove the fixed effects …
Persistent link: https://www.econbiz.de/10011337153
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