Similar Search Results

Forecasting time series subject to multiple structural breaks

Pesaran, M. Hashem (contributor); … - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002120362

Modelling the joint distribution of income and wealth

Jäntti, Markus; Sierminska, Eva; Van Kerm, Philippe - 2015

This paper considers a parametric model for the joint distribution of income and wealth. The model is used to analyze income and wealth inequality in five OECD countries using comparable household-level survey data. We focus on the dependence parameter between the two variables and study whether...

Persistent link: https://www.econbiz.de/10011295514

Opinion copulas, homophily and multimodal marginals

Askitas, Nikos - 2017

An empirically founded and widely established driving force in opinion dynamics is homophily i.e. the tendency of "birds of a feather" to "flock together". The closer our opinions are the more likely it is that we will interact and converge. Models using these assumptions are called bounded...

Persistent link: https://www.econbiz.de/10011647658

Testing CAPM with a large number of assets

Pesaran, M. Hashem; Yamagata, Takashi - 2012

This paper is concerned with testing the time series implications of the capital asset pricing model (CAPM) due to Sharpe (1964) and Lintner (1965), when the number of securities, N, is large relative to the time dimension, T, of the return series. In the case of cross-sectionally correlated...

Persistent link: https://www.econbiz.de/10009535779

Structural change in MENA remittance flows

Naufal, George; Genc, Ismail H. - 2013

After independence, the GCC countries relied heavily on foreign workers from fellow Arab countries. Thus, remittances flowed from GCC to other countries in MENA. In the 1980s-1990s labor source switched to South Asia; so did the flow of remittances. This paper examines the consequences of the...

Persistent link: https://www.econbiz.de/10009766270

COVID-19 spread in Germany from a regional perspective

Hübler, Olaf - 2021

This paper investigates the regional differences in the spread of COVID-19 infections in Germany. A machine learning selection procedure is used to reduce variables from a pool of potential influencing variables. The empirical analysis shows that both regional structural variables and regionally...

Persistent link: https://www.econbiz.de/10012607618

A flexible sample selection model : a GTL-copula approach

Hasebe, Takuya; Vijverberg, Wim P. M. - 2012

bivariate distribution. The versatility arising from inserting GTL marginal distributions into copula-constructed bivariate … expenditures to speeding tickets and international disputes illustrate the value of the proposed GTL-copula estimator. -- sample … selection ; copula ; Generalized Tukey Lambda distribution …

Persistent link: https://www.econbiz.de/10009665514

The analysis of human feelings: a practical suggestion for a robustness test

Bloem, Jerey R.; Oswald, Andrew J. - 2021

Governments, multinational companies, and researchers today collect unprecedented amounts of data on human feelings. These data provide information on citizens' happiness, levels of customer satisfaction, employees' satisfaction, mental stress, societal trust, and other important variables. Yet...

Persistent link: https://www.econbiz.de/10012603839

Robust estimation of linear fixed effects panel data models with an application to the exporter productivity premium

Verardi, Vincenzo; Wagner, Joachim - 2010

In empirical studies it often happens that some variables for some units are far away from the other observations in the sample. These extreme observations, or outliers, often have a large impact on the results of statistical analyses – conclusions based on a sample with and without these...

Persistent link: https://www.econbiz.de/10003962105

Robust standard errors in transformed likelihood estimation of dynamic panel data models

Hayakawa, Kazuhiko; Pesaran, M. Hashem - 2012

This paper extends the transformed maximum likelihood approach for estimation of dynamic panel data models by Hsiao, Pesaran, and Tahmiscioglu (2002) to the case where the errors are crosssectionally heteroskedastic. This extension is not trivial due to the incidental parameters problem that...

Persistent link: https://www.econbiz.de/10009545313

1
2
3
4
5
6
7
8
9
10
Next
Last