Showing 1 - 10 of 311
implementing recent bootstrap panel unit root tests and cointegration techniques to investigate the relationship between carbon …
Persistent link: https://www.econbiz.de/10009534047
This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada …. The cointegration analysis vindicates the existence of a long-run relationship between these two variables. This finding … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …
Persistent link: https://www.econbiz.de/10011528837
This paper investigates the nature of the output-employment relationship by using the Turkish quarterly data for the period 1988-2008. Even if we fail to find a long-run relationship between aggregate output and total employment, there are long-run relationships for the aggregate output with...
Persistent link: https://www.econbiz.de/10010125833
countries of the Gulf Cooperation Council (GCC) using (panel) cointegration techniques. The existence of cointegration between … oil revenues, GDP and investment can be confirmed for all countries. While the cointegration vector is found to be unique …
Persistent link: https://www.econbiz.de/10010339608
This paper considers a multivariate t version of the Gaussian dynamic conditional correlation (DCC) model proposed by Engle (2002), and suggests the use of devolatized returns computed as returns standardized by realized volatilities rather than by GARCH type volatility estimates. The t-DCC...
Persistent link: https://www.econbiz.de/10003586562
This note describes how the (single-spell) identification result of the timing-of-events model by Abbring and Van den Berg (2003b) can be extended to a model that accommodates several competing exit risks. The extended model can be used for example to distinguish between the different effects of...
Persistent link: https://www.econbiz.de/10010479003
We study the effects of patriotism on tax compliance. In particular, we assume that individuals feel a (random draw of) warm glow from honestly paying their taxes. A higher expected warm glow reduces the government's optimal audit probability and yields higher tax compliance. Second, individuals...
Persistent link: https://www.econbiz.de/10003831245
In the time domain, the observed cyclical behavior of the real wage hides a range of economic influences that give rise to cycles of differing lengths and amplitudes. This may serve to produce a distorted picture of wage cyclicality. Here, we employ frequency domain methods that allow us...
Persistent link: https://www.econbiz.de/10011402810
Using a bootstrap panel analysis that allows for cross-country dependence, without requiring the use of pre-tests for a unit root, we study the causality links between energy use and employment for a sample of 16 African countries over the 1991-2010 period (according to availability of...
Persistent link: https://www.econbiz.de/10010380039
We examine causal links between energy consumption and health indicators (Mortality rate under-5, life expectancy, greenhouse effect, and government expenditure per capita) for a sample of 16 African countries over the period 1971-2010 (according to availability of countries' data). We use the...
Persistent link: https://www.econbiz.de/10011580573