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This paper examines the possibility of unit roots in the presence of endogenously determined multiple structural breaks … procedure of Gil-Alana (2008) for single structural break to the case of multiple structural breaks at endogenously determined … fractional order of integration. We find that endogenously determined structural breaks render the total, female and male LFPR …
Persistent link: https://www.econbiz.de/10009516900
Using Difference-in-Differences estimation and data from the European Community Household Panel, this paper suggests …
Persistent link: https://www.econbiz.de/10010457884
The aim of this paper is to provide new empirical evidence on the impact of international financial integration on the long-run Real Exchange Rate (RER) in 39 developing countries belonging to three different geographical regions (Latin America, Asia and MENA). It covers the period 1979-2004,...
Persistent link: https://www.econbiz.de/10003816542
structural breaks in the flow of remittances in the MENA region. The change in the direction of remittance flows deprived several …
Persistent link: https://www.econbiz.de/10009766270
The 2014 release of a new set of purchasing power parity conversion factors (PPPs) for 2011 has prompted a revision of … Sustainable Development Goals and the World Bank's twin goals, the new poverty line was chosen so as to preserve the definition … and real purchasing power of the earlier $1.25 line (in 2005 PPPs) in poor countries. Using the new 2011 PPPs, the new …
Persistent link: https://www.econbiz.de/10011375987
With the recent release of the 2011 purchasing power parity (PPP) data from the International Comparison Program (ICP …), analysts and institutions are confronted with the question of whether and how to use them for global poverty estimation. The … previous round of PPP data from 2005 led to a large increase in the estimated number of poor in the world. The 2011 price data …
Persistent link: https://www.econbiz.de/10010528588
We relate origin-destination real price differences to immigrants' reservation wages and their career trajectories, exploiting administrative data from Germany and the 2004 enlargement of the European Union. We find that immigrants who enter Germany when a unit of earnings from Germany allows...
Persistent link: https://www.econbiz.de/10014334861
. Economic theory suggests that the impact of exchange rates should vary with the degree of exposure to international competition …
Persistent link: https://www.econbiz.de/10003847163
test for cointegrating relationships corresponding to the patterns predicted by theory. We confirm episodes of expansion of …
Persistent link: https://www.econbiz.de/10003722146
How does saving behavior of immigrants respond to changes in purchasing power parity between the source and host …
Persistent link: https://www.econbiz.de/10011886875