Narrow search
Showing 1 - 10 of 171
Cover Image
African leaders : their education abroad and FDI flows
Constant, Amelie; Tien, Bienvenue N. - 2010
Leaders are critical to a country's success. They can influence domestic policy via specific measures that they enforce, and they can also influence international public opinion towards their country. Foreign Direct Investments are also essential for a country's economic growth. Our hypothesis...
Persistent link: https://www.econbiz.de/10009274111
Cover Image
Private savings in Eastern European EU-accession countries : evidence from a dynamic panel data model
Schrooten, Mechthild; Stephan, Sabine - 2003
After the collapse in early transition years, saving rates in Eastern European EU-accession countries have recovered strongly. Is private saving in these countries now driven by the same forces as in the EU? A GMM estimator is applied to analyze the determinants of private saving in both country...
Persistent link: https://www.econbiz.de/10011438969
Cover Image
Restrictions search for panel VARs
Camehl, Annika - 2016
As panel vector autoregressive (PVAR) models can include several countries and variables in one system, they are well …-supported restrictions. The prior differentiates between domestic and foreign variables, thereby allowing a less restrictive panel structure …
Persistent link: https://www.econbiz.de/10011552976
Cover Image
Local and spatial cointegration in the wage curve : a spatial panel analysis for German regions
Kosfeld, Reinhold; Dreger, Christian - 2015
unemployment. Empirical results focus on particular theoretical channels establishing the relationship. Panel models mostly draw on …
Persistent link: https://www.econbiz.de/10011411665
Cover Image
Interactions in fixed effects regression models
Giesselmann, Marco; Schmidt, Alexander - 2018
An interaction in a fixed effects (FE) regression is usually specified by demeaning the product term. However, this strategy does not yield a genuine within estimator. Instead, an estimator is produced that reflects unit-level differences of interacted variables whose moderators vary within...
Persistent link: https://www.econbiz.de/10011880691
Cover Image
Local banking and local economic growth in Italy : some panel evidence
Caporale, Guglielmo Maria; Di Colli, Stefano; Di Salvo, … - 2014
This paper provides new evidence on the contribution of local banking to local economic growth (i.e. at county level - the Italian "province") in Italy. A comprehensive dataset is used, which includes control variables for social capital and human capital as well as indicators of the quality of...
Persistent link: https://www.econbiz.de/10010406692
Cover Image
Stock market integration in Asia : global or regional? : evidence from industry level panel convergence tests
Caporale, Guglielmo Maria; You, Kefei - 2017
(industry) level by applying the Phillips-Sul (2007) tests for panel and club convergence. The main findings can be summarised … Telecommunication, both in a turn-around phase, and Gas & Oil and Technology, for which there is no panel convergence. Club convergence … tests reveal the existence of convergence clubs and divergent economies within the full panel, which explains why panel …
Persistent link: https://www.econbiz.de/10011654612
Cover Image
Qualitative versus quantitative external information for proxy vector autoregressive analysis
Boer, Lukas; Lütkepohl, Helmut - 2021
A major challenge for proxy vector autoregressive analysis is the construction of a suitable external instrument variable or proxy for identifying a shock of interest. Some authors construct sophisticated proxies that account for the dating and size of the shock while other authors consider...
Persistent link: https://www.econbiz.de/10012498418
Cover Image
A simple instrument for proxy vector autoregressive analysis
Boer, Lukas; Lütkepohl, Helmut - 2020
A major challenge for proxy vector autoregressive analysis is the construction of a suitable instrument variable for identifying a shock of interest. We propose a simple proxy that can be constructed whenever the dating and sign of particular shocks are known. It is shown that the proxy can lead...
Persistent link: https://www.econbiz.de/10012301348
Cover Image
Active, or passive? : revisiting the role of fiscal policy in the great inflation
Ettmeier, Stephanie; Kriwoluzky, Alexander - 2020
We reexamine whether pre-Volcker U.S. fiscal policy was active or passive. To do so, we estimate a DSGE model with monetary and fiscal policy interactions employing a sequential Monte Carlo algorithm (SMC) for posterior evaluation. Unlike existing studies, we do not have to treat each policy...
Persistent link: https://www.econbiz.de/10012223616