Showing 1 - 10 of 668
Social impact bonds (SIBs) are an innovative financing mechanism for public goods. In a SIB, an investor provides …
Persistent link: https://www.econbiz.de/10012243331
the literature that explores cultural changes as a result of exogenous events. I use the oil crisis of the 1970s as a … for men. The probability to be never-married decreases in the American oil-producing areas immediately after the shock …. This effect persists after the oil boom is over but longer for men than for women. …
Persistent link: https://www.econbiz.de/10012005460
This paper investigates the impact of oil price variations on sectoral inflation for a sample of 10 top oil importing … and exporting countries. Specifically, we analyze the effects of oil prices on the consumer price index using monthly data … distributed lag approach (NARDL), and the Hansen's model (2000). Our econometric results first indicate that the effect of oil …
Persistent link: https://www.econbiz.de/10014454468
In this paper the financial means of international (mostly Islamistic) terror organizations are analysed. First, some short remarks about the organization of international terror organizations are made. Second and in a much more detailed way a literature review is provided about the financing of...
Persistent link: https://www.econbiz.de/10003949487
This paper is an innovative attempt to empirically investigate the determinants of crude oil prices. The main objective … is to distinguish between short- and long-term effects of some covariates on oil prices. The autoregressive distributed … provides new insights for examining the determinants of oil prices. All investigations of underlying oil price fluctuations are …
Persistent link: https://www.econbiz.de/10013429325
Empirical analyses of twin mortality often use models with dependent unobserved frailty terms capturing genetic and childhood environmental determinants. This ignores that mortality rates can be co-dependent due to bereavement effects, i.e. to a time-dependent causal effect of the loss of the...
Persistent link: https://www.econbiz.de/10011842124
Revealing the precise thresholds at which fluctuations in oil prices start to affect gross domestic product and its … oil-importing and oil-exporting countries. Existing studies assessing the effects of oil prices on economic activity … allows for the possibility that oil prices will have a time-varying effect on economic activity. We also employ the …
Persistent link: https://www.econbiz.de/10014527191
the world. We also find that the Iranian economy adjusts quite quickly to the shocks in foreign output and oil exports …This paper develops a long run growth model for a major oil exporting economy and derives conditions under which oil … regularity conditions and assuming a Cobb Douglas production function, it is shown that (log) oil exports enter the long run …
Persistent link: https://www.econbiz.de/10003909263
We examine the impact of real oil price shocks on labor market flows in the US We first use smooth transition … regression (STR) models to investigate to what extent oil prices can be considered as a driving force of labor market … response to shocks mimicking the behavior of the actual oil price shocks. We find that (i) these shocks are an important …
Persistent link: https://www.econbiz.de/10008779924
In line with the neoclassical growth model a persistent stream of oil revenues might have a long lasting impact on GDP … per capita in oil exporting countries through higher investment activities. This relationship is explored for Iran and the … oil revenues, GDP and investment can be confirmed for all countries. While the cointegration vector is found to be unique …
Persistent link: https://www.econbiz.de/10010339608