Showing 1 - 10 of 2,926
and spanning 22 years, first, to test hypothesis that there is within-country income convergence. Second, through a … decomposition of the poverty convergence elasticity, the analysis investigates whether this convergence, if it exists, has … translated into poverty convergence. In a context of overall stagnant economic growth and poverty reduction since 1990, the …
Persistent link: https://www.econbiz.de/10012262928
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 paper investigates the impact of labor markets and economies of agglomeration on firms location. We show that the existence of a lower bound on wage (e.g. a minimum wage or a reservation wage) introduces asymmetric location of firms. Moreover, changes in that lower bound or in global...
Persistent link: https://www.econbiz.de/10011339671
This paper analyzes convergence in per capita gross regional product of Russia's regions during the period 1995 …-2010, when regional data are available. Using a panel regression framework we find no evidence for beta-convergence. Instead we … regional product confirm this outcome as do non-parametric estimates of convergence, namely estimates using Markov transition …
Persistent link: https://www.econbiz.de/10010127808
In this paper, we study convergence in per capita gross regional products across Russian regions in the period from … model to analyze the regional convergence process in the Russian case. We also take into account possible spatial effects … and do a series of other robustness checks. Our main estimates establish a convergence rate of around 2% per year. While …
Persistent link: https://www.econbiz.de/10012183996
"Recent work on social status led to derivation of a new continuous distribution based on the exponential. The new variate, termed the ring(2)-exponential, in turn leads to derivation of two closely-related new families of continuous distributions, which we call the mirror-exponential and the...
Persistent link: https://www.econbiz.de/10003449489
This paper evaluates the effects of the newly introduced German minimum wage on the distribution of hourly wages and hours worked. The study is based on the German Structure of Earnings Survey (GSES), the only large scale data set for Germany that includes information on hourly wages and hours...
Persistent link: https://www.econbiz.de/10013367531
Persistent link: https://www.econbiz.de/10002161669
Since Chinese government initiated economic reform in the late 1970s, entrepreneurship and private sectors have emerged gradually and played an increasingly important role in promoting economic growth. However, entrepreneurship is distributed unevenly in China. Using micro data from 2008...
Persistent link: https://www.econbiz.de/10011737507
This paper uses nonparametric techniques to study GDP convergence across German labor market regions and counties … during the period 1992-2004. The main result is that regional convergence in unified Germany has been substantial. In the … Eastern and Western part of the country are still apparent. -- Regional convergence ; distribution dynamics ; nonparametric …
Persistent link: https://www.econbiz.de/10003846988