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Structural vector autoregressive analysis in a data rich environment : a survey

Lütkepohl, Helmut - 2014

large information sets in models for economic analysis. In this survey methods are reviewed for accounting for the … information in large sets of variables in vector autoregressive (VAR) models. This can be done by aggregating the variables or by … reducing the parameter space to a manageable dimension. Factor models reduce the space of variables whereas large Bayesian VAR …

Persistent link: https://www.econbiz.de/10010229209

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

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

Way off: the effect of minimum distance regulation on the deployment of wind power

Stede, Jan; May, Nils - 2020

Several countries and regions have introduced mandatory minimum distances of wind turbines to nearby residential areas, in order to increase public acceptance of wind power. Germany’s largest federal state Bavaria introduced such separation distances of ten times the height of new wind...

Persistent link: https://www.econbiz.de/10012215098

Way off: the effect of minimum distance regulation on the deployment and cost of wind power

Stede, Jan Patrick; Blauert, Marc; May, Nils - 2021

With the expansion of onshore wind power, countries increasingly consider the introduction of minimum distance regulations between wind turbines to nearby residential areas, to increase public acceptance. In 2014, the German federal state of Bavaria introduced a minimum distance regulation that...

Persistent link: https://www.econbiz.de/10012793225

Disentangling Covid-19, economic mobility, and containment policy shocks

Camehl, Annika; Rieth, Malte - 2021

We study the dynamic impact of Covid-19, economic mobility, and containment policy shocks. We use Bayesian panel structural vector autoregressions with daily data for 44 countries, identified through sign and zero restrictions. Incidence and mobility shocks raise cases and deaths significantly...

Persistent link: https://www.econbiz.de/10012549582

Using panel data on income satisfaction to estimate the equivalence scale elasticity

Schwarze, Johannes - 2000

In this paper a new method to estimate the equivalence scale elasticity using individual panel data on income satisfaction will be developed. In contrast to other subjective approaches, the present one benefits from the fact that no direct cardinal individual welfare function has to be...

Persistent link: https://www.econbiz.de/10011433806