Narrow search
Showing 1 - 10 of 735
Cover Image
Relationship between the real estate sector and the stock market in Chinese provinces
Di, Zeyu; Heshmati, Almas; Liu, Sijia - 2022
In China, real estate and the stock market are the two main markets favored by both individual and institutional … stock market and real estate sector's trading volumes in 31 provinces of China. Its empirical results are based on panel …
Persistent link: https://www.econbiz.de/10013172898
Cover Image
Investigating the asymmetric impact of oil prices on GCC stock markets
Cheikh, Nidhaleddine Ben; 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
Cover Image
When the market drives you crazy : stock market returns and fatal car accidents
Guilietti, Corrado; Tonin, Mirco; Vlassopoulos, Michael - 2018
The stock market influences some of the most fundamental economic decisions of investors, such as consumption, saving, and labor supply, through the financial wealth channel. This paper provides evidence that daily fluctuations in the stock market have important - and hitherto neglected -...
Persistent link: https://www.econbiz.de/10011893801
Cover Image
Skewness expectations and portfolio choice
Drerup, Tilman H.; Wibral, Matthias; Zimpelmann, Christian - 2022
Many models of investor behavior predict that investors prefer assets that they believe to have positively skewed return distributions. We provide a direct test of this prediction in a representative sample of the Dutch population. Using individual-level data on return expectations for a broad...
Persistent link: https://www.econbiz.de/10012805556
Cover Image
Rates of return to university education : the regression discontinuity design
Fan, Elliott; Meng, Xin; Wei, Zhichao; Zhao, Guochang - 2010
biases. Benefiting from a special feature of the University Admission system in China, which has clear cutoffs for university … average treatment effects might understate the true effects of the university expansion program introduced in China in 1999 … and thereafter. -- Rate of return to education ; regression discontinuity design ; China …
Persistent link: https://www.econbiz.de/10003939256
Cover Image
Pension and health services utilization: evidence from social pension expansion in China
Chen, Shanquan; Chen, Xi; Law, Stephen; Lucas, Henry; … - 2020
, the China Health and Retirement Longitudinal Study (CHARLS), we adopted a fuzzy regression discontinuity design and …
Persistent link: https://www.econbiz.de/10012316199
Cover Image
Returns to higher education in China : evidence from the 1999 higher education expansion using fuzzy regression discontinuity
Dai, Fengyan; Cai, Fang; Zhu, Yu - 2018
China experienced a 47% expansion in higher education enrolment between 1998 and 1999, and a six-fold expansion in the … returns to higher education in China. We find that the mean years of education increased by roughly one full year around the …
Persistent link: https://www.econbiz.de/10011895736
Cover Image
Does it pay to attend more selective high schools? : regression discontinuity evidence from China
Huang, Bin; Li, Bo; Walker, Ian; Zhu, Yu - 2022
We examine the effect of attending academically selective high schools on test scores, by leveraging administrative data that matches high school preferences of the population of urban middle school graduates in one Chinese prefecture in 2010 with high school student records. The standard...
Persistent link: https://www.econbiz.de/10013470186
Cover Image
Thresholds in the process of international financial integration
Kose, M. Ayhan; Prasad, Eswar S.; Taylor, Ashley D. - 2009
The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications for growth, especially for developing countries. The empirical literature has not been able to conclusively establish the presumed growth benefits of financial integration....
Persistent link: https://www.econbiz.de/10003831857
Cover Image
Labor mobility and the integration of European labor markets
Zimmermann, Klaus F. - 2009
This paper outlines the importance of labor mobility for the improvement in allocating and distributing economic resources. We are faced with an increasing lack of skilled workers and a growing tendency of unemployment amongst the low-skilled. A central political objective for the future will...
Persistent link: https://www.econbiz.de/10003809161