Similar Search Results

House price volatility and the housing ladder

Banks, James; Blundell, Richard W.; Oldfield, Zoë; … - 2010

This paper investigates the effects of housing price risk on housing choices over the lifecycle. Housing price risk can be substantial but, unlike other risky assets which people can avoid, the fact that most people will eventually own their home creates an insurance demand for housing assets...

Persistent link: https://www.econbiz.de/10009006946

Housing mobility and downsizing at older ages in Britain and the United States

Banks, James; Blundell, Richard W.; Oldfield, Zoë; … - 2010

Persistent link: https://www.econbiz.de/10009006985

Modelling volatilities and conditional correlations in futures markets with a multivariate t distribution

Pesaran, Bahram (contributor); … - 2007

This paper considers a multivariate t version of the Gaussian dynamic conditional correlation (DCC) model proposed by … than by GARCH type volatility estimates. The t-DCC estimation procedure is applied to a portfolio of daily returns on … suggest a general trend towards a lower level of return volatility, accompanied by a rising trend in conditional cross …

Persistent link: https://www.econbiz.de/10003586562

Investigating the asymmetric impact of oil prices on GCC stock markets

Ben Cheikh, Nidhaleddine; Ben Naceur, Samy; Kanaan, … - 2020

This paper investigates the presence of asymmetric relationship between oil price movements and Gulf Cooperation Council (GCC) stock markets. We propose the implementation of nonlinear vector smooth transition regression (VSTR) models which offer a greater flexibility when modelling the possible...

Persistent link: https://www.econbiz.de/10012314956

Testing the correlated random coefficient model

Heckman, James J.; Schmierer, Daniel; Urzua, Sergio - 2009

The recent literature on instrumental variables (IV) features models in which agents sort into treatment status on the basis of gains from treatment as well as on baseline-pretreatment levels. Components of the gains known to the agents and acted on by them may not be known by the observing...

Persistent link: https://www.econbiz.de/10003907131

Exponent of cross-sectional dependence : estimation and inference

Bailey, Natalia; Kapetanios, George; Pesaran, M. Hashem - 2012

An important issue in the analysis of cross-sectional dependence which has received renewed interest in the past few years is the need for a better understanding of the extent and nature of such cross dependencies. In this paper we focus on measures of cross-sectional dependence and how such...

Persistent link: https://www.econbiz.de/10009530816

Educational homogamy and assortative mating have not increased

Gihleb, Rania; Lang, Kevin - 2016

sensitive to how educational categories are chosen. We also find no evidence that the correlation between spouses' potential …

Persistent link: https://www.econbiz.de/10011594659

Unequal consequences of COVID-19 across age and income: representative evidence from six countries

Belot, Michèle; Choi, Syngjoo; Tripodi, Egon; Van den … - 2020

been affected across six countries (China, South Korea, Japan, Italy, UK and US). We first document changes in income …

Persistent link: https://www.econbiz.de/10012239013

The world's rust belts : the heterogeneous effects of deindustrialization on 1,993 cities in six countries

Gagliardi, Luisa; Moretti, Enrico; Serafinelli, Michel - 2023

, Italy, Japan, and the United States. In all six countries we find a strong negative relationship between a city's share of …

Persistent link: https://www.econbiz.de/10014442576

Reconciling trends in U.S. male earnings volatility : results from survey and administrative data

Moffitt, Robert A.; Bollinger, Christopher R.; Hokayem, … - 2022

There is a large literature on earnings and income volatility in labor economics, household finance, and macroeconomics …. One strand of that literature has studied whether individual earnings volatility has risen or fallen in the U.S. over the … data. Using common specifications, measures of volatility, and other treatments of the data, four of the six data series …

Persistent link: https://www.econbiz.de/10012887281