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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/10013118773
Using Difference-in-Differences estimation and data from the European Community Household Panel, this paper suggests …
Persistent link: https://www.econbiz.de/10013039598
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/10013012824
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/10013021955
are industry specific. Our findings (robust to possible structural breaks) are useful for trading industries, and …
Persistent link: https://www.econbiz.de/10014083735
During the last decade, economists have intensively searched for evidence on the importance of the Balassa-Samuelson (B-S) hypothesis in explaining nominal convergence. One general result is that B-S can at best explain only part of the excess inflation observed in the European catching-up...
Persistent link: https://www.econbiz.de/10013074886
. 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/10013159338
purchasing power parity (ppp) and the wage ratio between the host and source countries. It is shown that in theory immigrants may …
Persistent link: https://www.econbiz.de/10013144383
How does saving behavior of immigrants respond to changes in purchasing power parity between the source and host …
Persistent link: https://www.econbiz.de/10012912788
School systems regularly use student assessments for accountability purposes. But, as highlighted by our conceptual model, different configurations of assessment usage generate performance-conducive incentives of different strengths for different stakeholders in different school environments. We...
Persistent link: https://www.econbiz.de/10012912784